TATTON ASSET MANAGEMENT PLC Financials Tatton Asset Management plc
Equities
TAM
GB00BYX1P358
Investment Management & Fund Operators
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 576.2 GBX | +0.39% |
|
-1.33% | +8.32% |
| Apr. 16 | Tatton Asset Management shares rise as funds under management climb | AN |
| Mar. 28 | Tatton Asset Management CEO sells GBP1.1 million in shares | AN |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 119.6 | 109.6 | 201.7 | 265.1 | 268.4 | 344.4 | - | - |
| Enterprise Value (EV) 1 | 107.5 | 96.82 | 184.8 | 243.4 | 242 | 317 | 311.6 | 305.3 |
| P/E ratio | 24.6 x | 13.5 x | 34 x | 29.7 x | 20.6 x | 25.9 x | 21.3 x | 18.8 x |
| Yield | 3.93% | 4.9% | 2.82% | 2.78% | 3.24% | 2.73% | 3.09% | 3.5% |
| Capitalization / Revenue | 6.83 x | 5.13 x | 8.64 x | 9.03 x | 8.3 x | 9.52 x | 8.32 x | 7.5 x |
| EV / Revenue | 6.13 x | 4.53 x | 7.91 x | 8.29 x | 7.48 x | 8.77 x | 7.53 x | 6.65 x |
| EV / EBITDA | 14.4 x | 10.2 x | 15.3 x | 15.8 x | 13.9 x | 17.5 x | 15.1 x | 12.6 x |
| EV / FCF | 18.5 x | 11.2 x | 21.1 x | 17.9 x | 18.7 x | 21.8 x | 17.8 x | 16.2 x |
| FCF Yield | 5.4% | 8.94% | 4.74% | 5.57% | 5.34% | 4.58% | 5.61% | 6.19% |
| Price to Book | 7.83 x | 6.16 x | 8.16 x | 8.54 x | 6.43 x | 8.54 x | 7.84 x | 7.02 x |
| Nbr of stocks (in thousands) | 55,908 | 55,908 | 57,476 | 58,915 | 60,056 | 59,998 | - | - |
| Reference price 2 | 2.140 | 1.960 | 3.510 | 4.500 | 4.470 | 5.740 | 5.740 | 5.740 |
| Announcement Date | 6/3/19 | 6/16/20 | 6/15/21 | 6/15/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17.52 | 21.37 | 23.35 | 29.36 | 32.33 | 36.16 | 41.39 | 45.93 |
| EBITDA 1 | 7.442 | 9.509 | 12.09 | 15.44 | 17.45 | 18.1 | 20.57 | 24.15 |
| EBIT 1 | 7.308 | 9.076 | 11.4 | 14.53 | 16.4 | 17.08 | 19.8 | 22.79 |
| Operating Margin | 41.72% | 42.47% | 48.82% | 49.48% | 50.74% | 47.24% | 47.84% | 49.61% |
| Earnings before Tax (EBT) 1 | 6.112 | 10.3 | 7.303 | 11.28 | 16 | 15.67 | 18.77 | 22.25 |
| Net income 1 | 4.857 | 8.363 | 6.111 | 9.242 | 13.37 | 11.87 | 14.23 | 16.85 |
| Net margin | 27.73% | 39.14% | 26.17% | 31.48% | 41.37% | 32.82% | 34.39% | 36.69% |
| EPS 2 | 0.0869 | 0.1454 | 0.1031 | 0.1517 | 0.2170 | 0.2220 | 0.2690 | 0.3050 |
| Free Cash Flow 1 | 5.8 | 8.653 | 8.754 | 13.56 | 12.91 | 14.53 | 17.47 | 18.89 |
| FCF margin | 33.11% | 40.49% | 37.49% | 46.21% | 39.94% | 40.19% | 42.21% | 41.13% |
| FCF Conversion (EBITDA) | 77.94% | 91% | 72.38% | 87.86% | 74.01% | 80.27% | 84.95% | 78.22% |
| FCF Conversion (Net income) | 119.42% | 103.47% | 143.25% | 146.78% | 96.56% | 122.45% | 122.75% | 112.09% |
| Dividend per Share 2 | 0.0840 | 0.0960 | 0.0990 | 0.1250 | 0.1450 | 0.1567 | 0.1776 | 0.2007 |
| Announcement Date | 6/3/19 | 6/16/20 | 6/15/21 | 6/15/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 |
|---|---|---|---|---|---|---|
| Net sales | 9.729 | 10.96 | 12.4 | 13.85 | 15.51 | - |
| EBITDA | - | - | 6.738 | - | 8.114 | - |
| EBIT | 4.126 | 5.03 | - | 6.934 | - | - |
| Operating Margin | 42.41% | 45.91% | - | 50.08% | - | - |
| Earnings before Tax (EBT) | - | - | 4.229 | - | 6.488 | - |
| Net income 1 | - | - | 3.451 | - | 5.344 | 5.333 |
| Net margin | - | - | 27.84% | - | 34.46% | - |
| EPS 2 | 0.0479 | - | - | - | - | 0.0872 |
| Dividend per Share | 0.0320 | 0.0350 | 0.0640 | 0.0400 | 0.0850 | - |
| Announcement Date | 11/11/19 | 11/18/20 | 6/15/21 | 11/17/21 | 6/15/22 | 11/22/22 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 12.2 | 12.8 | 16.9 | 21.7 | 26.5 | 27.4 | 32.8 | 39.1 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 5.8 | 8.65 | 8.75 | 13.6 | 12.9 | 14.5 | 17.5 | 18.9 |
| ROE (net income / shareholders' equity) | 42.6% | 44.3% | 43% | 41.6% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 0.2700 | 0.3200 | 0.4300 | 0.5300 | 0.7000 | 0.6700 | 0.7300 | 0.8200 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 0.34 | 0.29 | 0.07 | 0.07 | - | 0.4 | 0.45 | - |
| Capex / Sales | 1.92% | 1.38% | 0.29% | 0.25% | - | 1.11% | 1.09% | - |
| Announcement Date | 6/3/19 | 6/16/20 | 6/15/21 | 6/15/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
5.74
GBP
Average target price
6.45
GBP
Spread / Average Target
+12.37%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +8.32% | 429M | |
| -6.44% | 88.47B | |
| +15.32% | 84.55B | |
| +12.36% | 26.01B | |
| -5.22% | 17.28B | |
| +6.25% | 14.28B | |
| -16.11% | 13.16B | |
| +17.66% | 9.52B | |
| +26.11% | 8.75B | |
| +27.22% | 7.13B |
- Stock Market
- Equities
- TAM Stock
- Financials Tatton Asset Management plc
