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Prices & Quotes - UK Markets - Lancashire Holdings Limited (LRE)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 722.50p
Change Today:
7.50p
Market Cap:
1,762.97m
Sector:
Insurance (non-life)
Select: Overview | Profit And Loss | Balance Sheet | Cash Flow | Key Financials

Key Financials

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Growth Metrics 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Annualisation Factor 1.0 1.0 0.3 1.0 1.0
Dividend Yield 1.4% 1.8% 1.6% 2.0% 1.4%
           
Continuing Operations          
PE Ratio - Basic 17.7
17.9
43.4
44.2
n/a
n/a
6.2
6.2
8.4
8.4
PE Ratio - Diluted 18.0
18.1
43.4
44.6
n/a
n/a
6.6
6.6
9.5
9.5
PE Ratio - Adjusted 17.7 43.4 n/a 6.2 8.4
PEG - Basic 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
PEG - Diluted 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
PEG - Adjusted 0.1 n/a n/a n/a n/a
Return on Capital Employed n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Operating Margin 13.82%
13.82%
4.09%
4.09%
(12.93%)
(12.93%)
26.93%
26.93%
32.04%
32.04%
           
Continuing & Discontinued Operations          
PE Ratio - Basic 17.7
17.9
43.4
44.2
n/a
n/a
6.2
6.2
8.4
8.4
PE Ratio - Diluted 18.0
18.1
43.4
44.6
n/a
n/a
6.6
6.6
9.5
9.5
PE Ratio - Adjusted 17.7 43.4 n/a 6.2 8.4
PEG - Basic 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
PEG - Diluted 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
PEG - Adjusted 0.1 n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Net Gearing 2.09% 15.90% 6.31% 1.70% (4.84%)

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Value Metrics 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 516.65¢ 455.36¢ 477.41¢ 648.58¢ 758.08¢
Net Cash per Share n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Annualised Fundamentals 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Continuing Operations          
Revenue 706.70 638.50 197.02 907.60 679.70
Net Interest 15.90
15.90
14.60
14.60
4.33
4.33
(23.80)
(23.80)
(8.90)
(8.90)
Profit Before Tax 119.50
119.50
33.60
33.60
(24.28)
(24.28)
226.50
226.50
218.10
218.10
           
Revenue per Share 351.17¢ 318.21¢ 98.65¢ 489.12¢ 401.55¢
Pre-Tax Profit per Share 59.38¢
59.38¢
16.75¢
16.75¢
(12.16¢)
(12.16¢)
122.06¢
122.06¢
128.85¢
128.85¢
Market Capitalisation $ (Millions) 15.57 12.22 13.73 10.50 14.68
Enterprise Value (EV) $ (Millions) 360.97 336.52 340.03 232.50 346.98
EBITDA/EV 28.15%
28.15%
8.17%
8.17%
(7.32%)
(7.32%)
116.09%
116.09%
66.98%
66.98%
Operating Margin 13.82%
13.82%
4.09%
4.09%
(12.93%)
(12.93%)
26.93%
26.93%
32.04%
32.04%
Capital Employed $ (Millions) 1,394.70 1,249.20 1,296.30 1,530.10 1,615.50
Return on Capital Employed n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Invested Equity Capital $ (Millions) 1,203.20 1,078.40 1,123.40 1,356.80 1,459.70
           
Earnings per Share - Basic 59.00¢
58.59¢
19.00¢
18.69¢
(36.00¢)
(35.60¢)
124.00¢
123.57¢
131.00¢
131.45¢
Earnings per Share - Diluted 58.00¢
57.83¢
19.00¢
18.51¢
(36.00¢)
(35.28¢)
116.00¢
115.74¢
117.00¢
116.80¢
Earnings per Share - Adjusted 59.00¢ 19.00¢ (36.00)¢ 124.00¢ 131.00¢
Earnings per Share Growth - Basic 210%
214%
n/a
n/a
n/a
n/a
-5%
-6%
-11%
-11%
Earnings per Share Growth - Diluted 205%
212%
n/a
n/a
n/a
n/a
-1%
-1%
-9%
-10%
Earnings per Share Growth - Adjusted 210% n/a n/a -5% -11%
PE Ratio - Diluted 18.0
18.1
43.4
44.6
n/a
n/a
6.6
6.6
9.5
9.5
PEG - Diluted 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Tax Rate 1.14% (9.83%) 3.62% (1.41%) (1.82%)
Dividend Cover 3.93
3.91
1.27
1.25
(2.40)
(2.37)
8.27
8.24
8.73
8.76
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 59.00¢
58.59¢
19.00¢
18.69¢
(11.99¢)
(11.86¢)
124.00¢
123.57¢
131.00¢
131.45¢
Earnings per Share - Diluted 58.00¢
57.83¢
19.00¢
18.51¢
(11.99¢)
(11.75¢)
116.00¢
115.74¢
117.00¢
116.80¢
Earnings per Share - Adjusted 59.00¢ 19.00¢ (11.99¢) 124.00¢ 131.00¢
Earnings per Share Growth - Basic 210%
214%
n/a
n/a
n/a
n/a
-5%
-6%
-11%
-11%
Earnings per Share Growth - Diluted 205%
212%
n/a
n/a
n/a
n/a
-1%
-1%
-9%
-10%
Earnings per Share Growth - Adjusted 210% n/a n/a -5% -11%
PE Ratio - Diluted 18.0
18.1
43.4
44.6
n/a
n/a
6.6
6.6
9.5
9.5
PEG - Diluted 0.1
0.1
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Dividend Cover 3.93
3.91
1.27
1.25
(0.80)
(0.79)
8.27
8.24
8.73
8.76
Return on Equity (ROE) 9.80%
9.80%
3.48%
3.48%
(2.11%)
(2.11%)
16.90%
16.90%
15.24%
15.24%
Operating Cash Flow per Share 17.14¢ (1.25¢) (19.38¢) 114.52¢ 99.07¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 81.64¢ (49.84¢) (9.69¢) (46.35¢) 63.80¢
Dividend per Share 15.00¢ 15.00¢ 15.00¢ 15.00¢ 15.00¢
Dividend per Share Growth n/a n/a n/a n/a n/a
Dividend Yield 1.4% 1.8% 1.6% 2.0% 1.4%
Shareholders Funds 1,193.60 1,067.20 1,106.90 1,356.80 1,459.70
Net Borrowings $ (Millions) 25.00 169.70 69.80 23.10 (70.70)
Net Asset Value per Share (inc. Intangibles) 516.35¢ 455.21¢ 477.21¢ 648.32¢ 757.66¢

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - inc Intangibles 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Shareholders' Funds inc Intangibles 1,193.60 1,067.20 1,106.90 1,356.80 1,459.70
Net Borrowings $ (Millions) 25.00 169.70 69.80 23.10 (70.70)
Net Gearing 2.09% 15.90% 6.31% 1.70% (4.84%)
Cash & Near Cash 320.40 154.60 256.50 303.50 403.00
Cash 26.84% 14.49% 23.17% 22.37% 27.61%
Gross Borrowings 345.40 324.30 326.30 326.60 332.30
Gross Gearing 28.94% 30.39% 29.48% 24.07% 22.76%
Borrowings Under 5 years 345.40 324.30 326.30 326.60 332.30
Under 5 years 28.94% 30.39% 29.48% 24.07% 22.76%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - exc Intangibles 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-14 31-Dec-13
Shareholders' Funds exc Intangibles 1,039.10 913.40 953.10 1,203.00 1,282.50
Net Borrowings $ (Millions) 25.00 169.70 69.80 23.10 (70.70)
Net Gearing 2.41% 18.58% 7.32% 1.92% (5.51%)
Cash & Near Cash 320.40 154.60 256.50 303.50 403.00
Cash 30.83% 16.93% 26.91% 25.23% 31.42%
Gross Borrowings 345.40 324.30 326.30 326.60 332.30
Gross Gearing 33.24% 35.50% 34.24% 27.15% 25.91%
Borrowings Under 5 years 345.40 324.30 326.30 326.60 332.30
Under 5 years 33.24% 35.50% 34.24% 27.15% 25.91%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

e. Normalised ratios are shown in blue text

f. Forecast figures based on normalised accounts

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Normalised ratios are shown in blue text

Note 5: Forecast figures based on normalised accounts.