Associated British Foods plc (LON:ABF)

Associated British Foods plc (LON:ABF)


Share Price
2,344.00 p
Change
1 (0.04 %)
Market Cap
£18,556.84 m
Proactive Investors - Run By Investors For Investors

Associated British Foods plc

www.abf.co.uk

Overview

Figures in £(m) unless stated
Sales 15574.000
EBITDA 2006.000
Operating Profit 1284.000
Pre-tax Profit 1279.000
Net Profit 1022.000
Capex -868.000
Operating Cash Flow 1430.000
Net Working Capital 2037.000
Key Ratios
EBITDA Margin 12.880
Operating Profit Margin 0.082 -%
Net Profit Margin 0.065 -%
Capex/Sales (%) 0.056
NWC/Sales (%) 6.5622190830872
Asset Turnover 1.175
Days Inventory 65.268  days
Days Receivable 24.714  days
Days Payable 36.530  days
Performance (Last 3 Years)
Sales CAGR 0.068
EBITDA CAGR n/a
Operating Profit CAGR -
Profit CAGR -
Return on Equity(%) 11.476
Return on Assets(%) 7.599
Return on Invested Capital (ROIC)(%) 10.741
ROIC - WACC n/a
Valuation
Market Cap -
Price to Earnings 20.243
Price to Book Value 2.042
Price to Tangible Book -
Equity to FCF Yield 1324.7980613893
Enterprise Value -
EV to Sales -
EV to EBITDA -
EV to Operating Profit -
EV to Invested Capital -
EV to FCF Yield -
Dividend Yield -
Payout Ratio 38.86
Per Share Data (in GBp unless stated)
Earnings per share 1.275000
Operating Cashflow per share 1.8101265822785
Free Cashflow per share 0.866600
Dividend per share -
NAV per share -
Cash per share 1.957200
Solvency
Intangibles Incl. Excl.
Net debt to Equity % -6.3402453588101 -7.7055020451247
Cash to Equity % 14.786668114211 -163199999985.21
Gross debt to Equity % 8.4464227554012 10.265206491622
Gross Debt < 1 Year to Equity 4.5380523287374 5.5152394775036
Net debt to Assets % 5.6821501606778 6.4510779436153
Net Debt/EBITDA -29.112662013958 0
Net Interest Cover 9.359477 n/a
Op Cashflow Interest Cover 9.3464052287582 n/a
Current Ratio 1.627155 n/a
Quick Ratio 0.810653 n/a
Cash Ratio - n/a (Intangibles collected as non-current)
Dividend Cover - n/a
Key Dates
Latest Dividend Pay date n/a
Latest Ex-Dividend date n/a
Last Annual Results 2018-11-06
Last Interim Results 2018-11-06

Profit/Loss

Figures in £(m) unless stated31/08/1831/08/1731/08/1631/08/1531/08/1431/08/1331/08/1231/08/11
Sales 15574.00015357.00013399.00012800.00012943.00013315.00012252.00011065.000
Cost of Goods Sold 11990.00011751.00010258.0009771.0009793.00010095.0009292.00010265.000
Gross Profit 3584.0003606.0003141.0003029.0003150.0003220.0002960.000800.000
Operating Expenses 2300.0002339.0002101.0002040.0002072.0002140.0002010.000-40.000
EBITDA 2006.0002308.0001718.0001399.0001736.0001647.0001529.0001264.000
Depreciation & Amortisation ------98.000-
EBIT (Operating Profit) 1284.0001267.0001040.000989.0001078.0001080.000950.000840.000
Interest Expense/Income 31.00054.00049.00052.00057.00083.00096.00078.000
Profit Before Tax 1279.0001576.0001042.000717.0001020.000876.000761.000757.000
Taxes on Income 257.000365.000221.000193.000237.000242.000178.000180.000
Net Profit 1022.0001211.000821.000524.000783.000634.000583.000577.000
Net Margin 0.0650.0780.0610.0420.0590.0440.0450.049
Net profit/loss per share
Basic EPS 1.2751.5161.0340.6730.9650.7480.7030.687
Diluted EPS 1.2751.5161.0340.6730.9650.7480.7030.687

Balance sheet

 
Figures in £(m) unless stated 31/08/1831/08/1731/08/1631/08/1531/08/1431/08/1331/08/1231/08/11
ASSETS         
Tangible Assets 6509.0005952.0005331.0004844.0005167.0005122.0004988.0004952.000
Intangible Assets 1632.0001414.0001348.0001367.0001467.0001581.0001769.0001893.000
Investments 266.000254.000260.000212.000212.000218.000214.000194.000
Total Fixed Assets 8407.0007620.0006939.0006423.0006846.0006921.0006971.0007039.000
Stocks 2187.0002101.0002033.0001827.0001631.0001581.0001500.0001425.000
Debtors 1074.0001035.0001032.000898.000973.0001033.000980.000939.000
Cash & Equivalents --------
Total Current Assets 5285.0005190.0004437.0003849.0003626.0003424.0003269.0003163.000
Other Assets n/a         
Total Assets 13692.00012810.00011376.00010272.00010472.00010345.00010240.00010202.000
LIABILITIES         
Interest bearing debt < 1 year 419.000265.000256.000319.000358.000394.000538.000729.000
Other Trade Creditors < 1 year --------
Total Creditors within 1 year 3248.0003153.0003145.0002742.0002684.0002526.0002588.0002542.000
Interest bearing debt > 1 year 346.000599.000627.000565.000595.000760.000902.000897.000
Other Trade Creditors > 1 year --------
Total Creditors > 1 year 0.0000.0000.0000.0000.0000.0000.0000.000
Other Liabilities  n/a         
Total Liabilities 4396.0004398.0004254.0003721.0003719.0003848.0004019.0004027.000
Net Assets(NET Tangible Assets exist) 7579.0006925.0005706.0004969.0004970.0004552.0004065.0003855.000
EQUITY         
Called up share capital 45.00045.00045.00045.00045.00045.00045.00045.000
Share Premium --------
Profit / loss 8615.0007694.0006423.0006252.0005950.0005486.0005099.0004816.000
Other Equity --------
Shareholders Funds 9211.0008339.0007054.0006336.0006437.0006133.0005834.0005748.000
Preference Stock --------
Total Capital Employed 9211.0008339.0007054.0006336.0006437.0006133.0005834.0005748.000

Cash flow

Figures in £(m) unless stated 31/08/1831/08/1731/08/1631/08/1531/08/1431/08/1331/08/1231/08/11
EBITDA 1279.0001576.0001042.000717.0001020.000876.000761.000842.000
Change in Working Capital -184.000123.000-7.000-96.000110.000-88.00023.000-268.000
Cash Taxes Paid --------
Cash Interest Paid/Received --------
Other (incl. non-cash items) -------0.000
Net Cash from Operating Activities 1430.0001641.0001310.0001166.0001439.0001276.0001240.000736.000
Capital Expenditure -868.000-866.000-796.000-613.000-708.000-615.000-713.000-844.000
Acquisitions/Disposals --------
Other Investing Activities --------
Net Cashflow from Investing Activities -1000.000-367.000-756.000-539.000-672.000-625.000-706.000-881.000
Dividends -327.000-299.000-279.000-271.000-256.000-232.000-200.000-190.000
Increase/Decrease in Debt -92.00040.000-97.000-100.000-168.000-281.000-235.000447.000
Increase/Decrease in Equity -30.000-10.000-19.0000.000-59.000-10.0000.000-16.000
Other Financing Activities -411.000-365.000-603.000-340.000-353.000-367.000-327.000-311.000
Cash from Financing -533.000-335.000-719.000-440.000-580.000-658.000-562.000120.000
Net increase in cash -103.000939.000-165.000187.000187.000-7.000-28.000-25.000

Directors dealings

Date Director Trans Amount Type Price(p) Value (£) Holding %
2019-07-11 Mr. John George Bason D 736.00 Ords 5.68p 2454.2 18063 157029.00 0.0198351
2019-07-11 Mr. John George Bason D 417.00 Ords 5.68p 2243 9353 157446.00 0.0198877
2019-03-01 Mr. Graham Allan P 3000.00 Ords 5.68p 2250 67500 3000.00 0.0003789
2019-01-11 Mr. John George Bason D 1456.00 Ords 5.68p 2252.48 32796 156293.00 0.0197421
- Mr. John George Bason - - Incentives - - 433522.00
- Mr. George Garfield Weston - - Incentives - - 418881.00
2018-11-26 Mr. John George Bason S 18438.00 5 15/22p Ords 2494.509 459938 154837.00 0.0195582
2018-11-26 Mr. George Garfield Weston S 27997.00 5 15/22p Ords 2494.509 698388 3613413.00 0.4564268
2018-11-23 Mr. John George Bason T 39110.00 5 15/22p Ords 0 0 173275.00 0.0218872
2018-11-23 Mr. George Garfield Weston T 59388.00 5 15/22p Ords 0 0 3641410.00 0.4599632
- Mr. Michael George Alexander McLintock - - 5 15/22p Ords - - 15000.00 0.0018947
- Mr. John George Bason - - 5 15/22p Ords - - 134165.00 0.0169470
- Mr. George Garfield Weston - - 5 15/22p Ords - - 3582022.00 0.4524616
- Dr. Wolfhart G. Hauser - - 5 15/22p Ords - - 3918.00 0.0004949
- Mr. Javier Ferran - - 5 15/22p Ords - - 2400.00 0.0003032
- Mr. Javier Ferran - - 5 15/22p Ords - - 2400.00 0.0003032
- Ms. Ruth Cairnie - - 5 15/22p Ords - - 3000.00 0.0003789
- Mrs. Emma Adamo - - 5 15/22p Ords - - 505787.00 0.0638883
- Richard Harry Reid - - 5 15/22p Ords - - 3347.00 0.0004228
- Mr. John George Bason - - Incentives - - 401124.00
- Mr. George Garfield Weston - - Incentives - - 370014.00
2018-07-12 Mr. John George Bason D 139.00 5 15/22p Ords 2490.9 3462 155881.00 0.0196900
2018-07-06 Mr. John George Bason D 452.00 5 15/22p Ords 2542.7 11493 155742.00 0.0196725
2018-05-29 Mr. John George Bason S 30000.00 5 15/22p Ords 2703 810900 125290.00 0.0158260
2018-05-29 Mr. John George Bason P 30000.00 5 15/22p Ords 2699 809700 155290.00 0.0196154
2018-04-18 Mr. Michael George Alexander McLintock P 7500.00 5 15/22p Ords 2687.88 201591 15000.00 0.0018947
2018-02-27 Mr. Michael George Alexander McLintock P 7500.00 5 15/22p Ords 2716 203700 7500.00 0.0009474
2018-01-12 Mr. John George Bason D 1324.00 5 15/22p Ords 2832.99 37509 155290.00 0.0196154
- Mr. Charles James Francis Sinclair - - 5 15/22p Ords - - 18000.00 0.0022737
- Mr. Timothy Clarke - - 5 15/22p Ords - - 4000.00 0.0005053
2017-11-24 Mr. John George Bason T 21716.00 5 15/22p Ords 0 0 153966.00 0.0194482
2017-11-27 Mr. John George Bason O 0.00 5 15/22p Ords 3042.9 0 153966.00 0.0194482
2017-11-24 Mr. George Garfield Weston T 32969.00 5 15/22p Ords 0 0 3597565.00 0.4544249
2017-11-27 Mr. George Garfield Weston O 15543.00 5 15/22p Ords 3042.9 472958 3582022.00 0.4524616
- Mr. John George Bason - - 5 15/22p Ords - - 132250.00 0.0167051
- Mr. Charles James Francis Sinclair - - 5 15/22p Ords - - 18000.00 0.0022737
- Mr. George Garfield Weston - - 5 15/22p Ords - - 3564596.00 0.4502605
- Mr. Timothy Clarke - - 5 15/22p Ords - - 4000.00 0.0005053
- Dr. Wolfhart G. Hauser - - 5 15/22p Ords - - 3918.00 0.0004949
- Mr. Javier Ferran - - 5 15/22p Ords - - 2400.00 0.0003032
- Ms. Ruth Cairnie - - 5 15/22p Ords - - 3000.00 0.0003789
- Mrs. Emma Adamo - - 5 15/22p Ords - - 505787.00 0.0638883
- Richard Harry Reid - - 5 15/22p Ords - - 3347.00 0.0004228
2017-07-07 Mr. John George Bason D 477.00 5 15/22p Ords 2996 14291 132250.00 0.0167051
2017-02-09 Mr. Charles James Francis Sinclair P 2000.00 5 15/22p Ords 2479 49580 18000.00 0.0022737
2017-02-09 Ms. Ruth Cairnie P 15.00 5 15/22p Ords 2492 374 1522.00 0.0001923
2017-02-09 Ms. Ruth Cairnie P 602.00 5 15/22p Ords 2493 15008 2124.00 0.0002683
2017-02-09 Ms. Ruth Cairnie P 876.00 5 15/22p Ords 2489 21804 3000.00 0.0003789
2017-01-13 Mr. John George Bason D 1271.00 5 15/22p Ords 2595 32982 131773.00 0.0166449
- Mrs. Emma Adamo - - 5 15/22p Ords - - 951811.00 0.1202276
2016-11-24 Mr. Charles James Francis Sinclair P 3240.00 5 15/22p Ords 2594.87 84074 16000.00 0.0020210
- Mr. John George Bason - - Incentives - - 401124.00
- Mr. George Garfield Weston - - Incentives - - 370014.00
- Mr. John George Bason - - Incentives - - 333886.00
- Mr. John George Bason - - 5 15/22p Ords - - 130502.00 0.0164843
- Mr. Charles James Francis Sinclair - - 5 15/22p Ords - - 12760.00 0.0016118
- Mr. George Garfield Weston - - Incentives - - 267919.00
- Mr. George Garfield Weston - - 5 15/22p Ords - - 431515108.00 54.5066540
- Mr. Timothy Clarke - - 5 15/22p Ords - - 4000.00 0.0005053
- Dr. Wolfhart G. Hauser - - 5 15/22p Ords - - 3918.00 0.0004949
- Mr. Javier Ferran - - 5 15/22p Ords - - 2400.00 0.0003032
- Ms. Ruth Cairnie - - 5 15/22p Ords - - 1507.00 0.0001904
- Mrs. Emma Adamo - - 5 15/22p Ords - - 504465.00 0.0637213
- Richard Harry Reid - - 5 15/22p Ords - - 3347.00 0.0004228
2016-07-13 Richard Harry Reid P 3347.00 5 15/22p Ords 2820 94385 3347.00 0.0004228
2016-07-07 Dr. Wolfhart G. Hauser P 2000.00 5 15/22p Ords 2659.4 53188 3283.00 0.0004147
2016-07-07 Dr. Wolfhart G. Hauser P 635.00 5 15/22p Ords 2660.84 16896 3918.00 0.0004949
2016-07-01 Mr. John George Bason P 469.00 5 15/22p Ords 2733 12818 130502.00 0.0164843
- Mr. Peter Alan Smith - - 5 15/22p Ords - - 2000.00 0.0002526
2016-01-08 Mr. John George Bason D 984.00 5 15/22p Ords 3133 30829 130033.00 0.0164251

Dividends

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