WTAN

Witan Investment (WTAN)

Nom de la société:	Witan Investment Trust Plc
EPIC:	WTAN	Trading Currency:	GBX
Market Sector:	F25S	ISIN:	GB00BJTRSD38
Market Segment:	STMM	Share Type:	DE
WWW Address:	http://www.witan.co.uk/	Description:	ORD 5P
Secteur Industriel:	EQUITY INVESTMENT INSTRUMENTS

Prix	Prix chgmt [%]	Achat	Vente	Ouverture	High	+ Bas	Volume
235.50	-0.5 [-0.21]	236.00	236.50	235.50	236.50	232.00	1,114,957
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
1,728.97	734.17	0.05	3.59	-	65.60	-	245.50 - 200.00

CHIFFRES CLES - fermeture de la veille

CHIFFRES CLES - fermeture de la veille
(at previous day's close)
Market Cap.	1,728.97	m
Shares In Issue	734.17	m
Prev. Close	236.00
PE Ratio	65.60
Taux de rendement des actions	-	%
EPS - basic	3.59	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PA	2.64	p
Rentabilité des capitaux propres (ROE)	1.39	%
Excedent Brut D'exploitation	77.34	%
PEG Factor	3.96
BNA Taux de croissance	16.56	%
Dividendes PA Taux de Croissance	-	%
Endettement Net	231.50	m
Gearing Brut	11.78	%
Avoirs liquides	40.43	m
Fonds de roulement Nets	-67.92	m
Incorporels / Actifs immobilisés	-	%
Turnover PS	5.12	p
Pre-Tax Profit PS	3.96	p
Retained Profit PS	-2.01	p
Cash pA	4.71	p
Cash net PA	-10.05	p
Net Tangible Asset Value PS *	271.33	p
Net Asset Value PS	269.93	p
Écart de Taux	0.50 (0.21%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Bilan (en résumé)

Performance de l'action

Performance de l'action
Sample Period ^†	High	+ Bas
1 sem.	236.50	225.00
4 Semaines	236.50	219.00
12 Semaines	236.50	213.50
1 an	245.50	200.00

Performance de l'action - 5 dernieres années

Witan Investment Historic Returns

%1$s Historic Returns
Période ^†	Ouverture	Chg à ce jour	%	Moy. Ouvert.	Vol moyen / jour [m]	Total Vol [m]	VWAP
1 sem.	226.00	9.50	4.20	225.00	0.83		229.83
4 Semaines	222.00	13.50	6.08	219.00	0.84		225.59
12 Semaines	227.50	8.00	3.52	213.50	0.71		223.28
26 Semaines	222.00	13.50	6.08	200.00	0.75		220.91
1 an	239.50	-4.00	-1.67	200.00	0.88		220.40
3 Années	220.00	15.50	7.05	130.00	1.07		213.94
5 Années	212.40	23.10	10.88	130.00	0.77		214.05
† periods calculated are whole weeks rather than calendar months

Witan Investment Key Management Ratios

DEEPER ANALYSIS

Witan Investment Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	10.53
PE Ratio	65.60
Tobin's Q Ratio	0.77
Tobin's Q Ratio (excl. intangibles)	0.77
Taux de rendement des actions	-	%
Market-to-Book Ratio	0.87
Price-to-Pre-Tax Profit PS	59.50
Price-to-Retained Profit PS	-117.05
Price-to-Cash Flow PS	89.34
Price-to-Sales PS	46.02
Price-to-Net Tangible Asset Value PS	0.87
Price-to-Cash PS	49.98
Net Working Capital PS	-9.25
Price Pct to Working Capital PS	-25.46	%
Earnings Yield	1.52	%
Average PE	40.02
Years in average	5
PE to PE average	163.91	%

Ratios Financiers

Ratios Financiers
(Ratios de Levier)
Ratio d'endettement	7.34	%
Ratio Dettes/ Fond Propres	0.08
Ratio Dettes/ Fond Propres (excl Incorp)	0.08
Valeur du Marché - Dettes/ Fond Propres	0.09
Gearing Net	10.25	%
Gearing Net (excl. Intangibles)	10.25	%
Gearing Brut	11.78	%
Gearing Brut (excl. Intangibles)	11.78	%
Gearing moins d'un an	4.80	%
Gearing moins d'un an (excl Intangibles)	4.80	%
Actifs / Capitaux propres	1.13
Cash/Capitaux propres	1.74
(Liquidité ratios)
Fonds de roulement Nets - Total Actifs	-3.01	%
Ratio de Liquidité Generale	0.37
Ratio de liquidité immédiate (Acid Test)	0.37
Ratio de Liquidité	0.32
Cash et Equiv/ Actifs circulants	85.56	%
Solvabilité ratios
Enterprise Value	1,852.13	m
CFO/Sales	0.52
CFO/Attributable Profit	0.70
CFO/Actifs	0.01
CFO/Debt	0.07
Total Dettes/ capitaux propres Valeur du marché	0.15
Total Dettes/Ventes	7.08
Total Dettes/ Profit avant imposition	9.16
Total Debt	266.09	m
Total Debt/Net Current Assets	-3.92	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	6

Beta coefficients
Beta (60 mois)	Beta (36mois)
0.0548	0.0626

Ratios Operationnels

Ratios Operationnels
Ratio de Rentabilité)
Rentabilité des capitaux investis	1.35	%
Rentabilité Des Actifs (ROA)	1.24	%
Marge Beneficiaire Nette	73.53	%
Assets Turnover	0.02
Rentabilité des capitaux propres (ROE)	1.39	%
Retour sur investissement	1.31	%
Ratio de distribution des dividendes	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	1.41	%
Net Income Of Revenues	-39.31	%
(Asset Utilisation Multiples)
Chiffres d'affaires Fonds Propres	0.02
Fixed Assets Turnover	0.02
Current Assets Turnover	0.86
Chiffre d'affaires Fonds de roulement Nets
Inventory Turnover	-
(Autres Ratios Operationnels)
Total Assets-to-Sales	59.46
Debtors-to-Sales	22.25	%
Debt Collection Period	81.20	Jours

Dividendes

Dividendes
Jour de Publication	Type	Dern.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Jour du paiement	Montant Total Dividende
16 Aout 2022	Quarterly	GBX	1.40	31/12/2021	31/12/2022	25/08/2022	26/08/2022	16/09/2022	-
06 Mai 2022	Quarterly	GBX	1.40	31/12/2021	31/12/2022	19/05/2022	20/05/2022	10/06/2022	-
10 Fév 2022	Quarterly	GBX	1.52	31/12/2020	31/12/2021	24/02/2022	25/02/2022	18/03/2022	5.60
02 Nov 2021	Quarterly	GBX	1.36	31/12/2020	31/12/2021	18/11/2021	19/11/2021	17/12/2021	-
10 Aout 2021	Quarterly	GBX	1.36	31/12/2020	31/12/2021	18/08/2021	19/08/2021	17/09/2021	-
04 Mai 2021	Quarterly	GBX	1.36	31/12/2020	31/12/2021	20/05/2021	21/05/2021	18/06/2021	-
09 Fév 2021	Quarterly	GBX	1.43	31/12/2019	31/12/2020	25/02/2021	26/02/2021	31/03/2021	5.45
11 Nov 2020	Quarterly	GBX	1.34	31/12/2019	31/12/2020	19/11/2020	20/11/2020	18/12/2020	-
11 Aout 2020	Quarterly	GBX	1.34	31/12/2019	31/12/2020	20/08/2020	21/08/2020	18/09/2020	-
29 Avr 2020	Quarterly	GBX	1.34	31/12/2019	31/12/2020	21/05/2020	22/05/2020	19/06/2020	-
12 Fév 2020	Quarterly	GBX	1.83	31/12/2018	31/12/2019	27/02/2020	28/02/2020	03/04/2020	5.35
05 Nov 2019	Quarterly	GBX	1.17	31/12/2018	31/12/2019	21/11/2019	22/11/2019	18/12/2019	-
13 Aout 2019	Quarterly	GBX	1.17	31/12/2018	31/12/2019	22/08/2019	23/08/2019	18/09/2019	-
02 Mai 2019	Quarterly	GBX	1.18	31/12/2018	31/12/2019	30/05/2019	31/05/2019	24/06/2019	-
06 Fév 2019	Final	GBX	7.75	31/12/2017	31/12/2018	28/02/2019	01/03/2019	21/03/2019	23.50
13 Nov 2018	Quarterly	GBX	5.25	31/12/2017	31/12/2018	22/11/2018	23/11/2018	18/12/2018	-
14 Aout 2018	Quarterly	GBX	5.25	31/12/2017	31/12/2018	23/08/2018	24/08/2018	18/09/2018	-
03 Mai 2018	Quarterly	GBX	5.25	31/12/2017	31/12/2018	17/05/2018	18/05/2018	18/06/2018	-
07 Fév 2018	Final	GBX	6.75	31/12/2016	31/12/2017	01/03/2018	02/03/2018	29/03/2018	21.00
08 Nov 2017	Quarterly	GBX	4.75	31/12/2016	31/12/2017	16/11/2017	17/11/2017	18/12/2017	-
10 Aout 2017	Quarterly	GBX	4.75	31/12/2016	31/12/2017	24/08/2017	25/08/2017	18/09/2017	-
28 Avr 2017	Quarterly	GBX	4.75	31/12/2016	31/12/2017	18/05/2017	19/05/2017	16/06/2017	-
08 Fév 2017	Final	GBX	6.25	31/12/2015	31/12/2016	02/03/2017	03/03/2017	31/03/2017	19.00
09 Nov 2016	Quarterly	GBX	4.25	31/12/2015	31/12/2016	17/11/2016	18/11/2016	16/12/2016	-
11 Aout 2016	Quarterly	GBX	4.25	31/12/2015	31/12/2016	25/08/2016	26/08/2016	16/09/2016	-
05 Mai 2016	Quarterly	GBX	4.25	31/12/2015	31/12/2016	19/05/2016	20/05/2016	17/06/2016	-
10 Fév 2016	Final	GBX	5.45	31/12/2014	31/12/2015	03/03/2016	04/03/2016	01/04/2016	17.00
05 Nov 2015	Quarterly	GBX	3.85	31/12/2014	31/12/2015	19/11/2015	20/11/2015	18/12/2015	-
11 Aout 2015	Quarterly	GBX	3.85	31/12/2014	31/12/2015	20/08/2015	21/08/2015	18/09/2015	-
01 Mai 2015	Quarterly	GBX	3.85	31/12/2014	31/12/2015	21/05/2015	22/05/2015	18/06/2015	-
09 Fév 2015	Final	GBX	4.60	31/12/2013	31/12/2014	05/03/2015	06/03/2015	02/04/2015	15.40
06 Nov 2014	Quarterly	GBX	3.60	31/12/2013	31/12/2014	20/11/2014	21/11/2014	18/12/2014	-
12 Aout 2014	Quarterly	GBX	3.60	31/12/2013	31/12/2014	20/08/2014	22/08/2014	18/09/2014	-
12 Mai 2014	Quarterly	GBX	3.60	31/12/2013	31/12/2014	21/05/2014	23/05/2014	18/06/2014	-
12 Mar 2014	Final	GBX	4.50	31/12/2012	31/12/2013	26/02/2014	28/02/2014	28/03/2014	14.40
07 Nov 2013	Quarterly	GBX	3.30	31/12/2012	31/12/2013	20/11/2013	22/11/2013	18/12/2013	-
14 Aout 2013	Quarterly	GBX	3.30	31/12/2012	31/12/2013	21/08/2013	23/08/2013	18/09/2013	-
02 Mai 2013	Quarterly	GBX	3.30	31/12/2012	31/12/2013	22/05/2013	24/05/2013	18/06/2013	-
12 Fév 2013	Final	GBX	7.20	31/12/2011	31/12/2012	27/02/2013	01/03/2013	28/03/2013	13.20
14 Aout 2012	Interim	GBX	6.00	31/12/2011	31/12/2012	22/08/2012	24/08/2012	14/09/2012	-
08 Fév 2012	Final	GBX	6.55	31/12/2010	31/12/2011	29/02/2012	02/03/2012	30/03/2012	12.00
16 Aout 2011	Interim	GBX	5.45	31/12/2010	31/12/2011	24/08/2011	26/08/2011	16/09/2011	-
04 Fév 2011	Final	GBX	6.50	31/12/2010	31/12/2011	02/03/2011	04/03/2011	01/04/2011	10.90
17 Aout 2010	Interim	GBX	4.40	31/12/2009	31/12/2010	25/08/2010	27/08/2010	17/09/2010	-
15 Mar 2010	Final	GBX	6.20	31/12/2008	31/12/2009	02/03/2010	04/03/2010	01/04/2010	10.20
17 Aout 2009	Interim	GBX	4.30	31/12/2008	31/12/2009	26/08/2009	28/08/2009	11/09/2009	-
09 Mar 2009	Final	GBX	6.20	31/12/2008	31/12/2009	02/03/2010	04/03/2010	01/04/2010	10.20
01 Juil 2008	Final	GBX	6.20	31/12/2008	31/12/2009	02/03/2010	04/03/2010	01/04/2010	10.20
06 Mar 2008	Final	GBX	5.80	31/12/2006	31/12/2007	12/03/2008	14/03/2008	03/04/2008	9.90
04 Juil 2007	Interim	GBX	4.10	30/12/2006	30/06/2007	15/08/2007	17/08/2007	07/09/2007	-
05 Fév 2007	Final	GBX	5.30	31/12/2005	31/12/2006	28/02/2007	02/03/2007	03/04/2007	9.20
02 Aout 2006	Interim	GBX	3.90	30/12/2005	30/06/2006	16/08/2006	18/08/2006	08/09/2006	-
08 Fév 2006	Final	GBX	5.00	31/12/2004	31/12/2005	01/03/2006	03/03/2006	03/04/2006	8.80
05 Aout 2005	Interim	GBX	3.80	30/12/2004	30/06/2005	17/08/2005	19/08/2005	09/09/2005	-
14 Fév 2005	Final	GBX	4.90	31/12/2003	31/12/2004	02/03/2005	04/03/2005	04/04/2005	8.60
30 Juil 2004	Interim	GBX	3.70	30/12/2003	30/06/2004	11/08/2004	13/08/2004	03/09/2004	-
30 Janv 2004	Final	GBX	4.60	31/12/2002	31/12/2003	03/03/2004	05/03/2004	02/04/2004	8.30
01 Aout 2003	Interim	GBX	3.70	30/12/2002	30/06/2003	13/08/2003	15/08/2003	05/09/2003	-
31 Janv 2003	Final	GBX	4.45	31/12/2001	31/12/2002	05/03/2003	07/03/2003	02/04/2003	8.10
01 Aout 2002	Interim	GBX	3.65	30/12/2001	30/06/2002	14/08/2002	16/08/2002	06/09/2002	-
29 Janv 2002	Final	GBX	4.35	31/12/2000	31/12/2001	06/03/2002	08/03/2002	02/04/2002	7.95
27 Juil 2001	Interim	GBX	3.60	30/12/2000	30/06/2001	17/08/2001	17/08/2001	07/09/2001	-
31 Janv 2001	Final	GBX	4.25	31/12/1999	31/12/2000	07/03/2001	09/03/2001	02/04/2001	7.75
27 Juil 2000	Interim	GBX	3.50	30/12/1999	30/06/2000	14/08/2000	18/08/2000	08/09/2000	-
27 Janv 2000	Final	GBX	4.10	31/12/1998	31/12/1999	06/03/2000	10/03/2000	03/04/2000	7.60
29 Juil 1999	Interim	GBX	3.50	30/12/1998	30/06/1999	16/08/1999	20/08/1999	10/09/1999	-
28 Janv 1999	Interim	GBX	2.30	31/12/1997	31/12/1998	08/03/1999	12/03/1999	01/04/1999	-
28 Janv 1999	Final	GBX	1.75	31/12/1997	31/12/1998	08/03/1999	12/03/1999	06/04/1999	7.40
30 Juil 1998	Interim	GBX	3.35	31/12/1997	31/12/1998	17/08/1998	21/08/1998	11/09/1998	-

Witan Investment Fondamentaux

Profit and Loss Account
	31 Déc 2018 (GBP)		31 Déc 2019 (GBP)		31 Déc 2020 (GBP)		31 Déc 2021 (GBP)
turnover	59.78	100.00%	67.27	100.00%	36.69	100.00%	37.57	100.00%	m
pre tax profit	49.18	82.27%	55.82	82.98%	27.79	75.74%	29.06	77.34%	m
attributable profit	46.20	77.29%	52.79	78.48%	25.91	70.63%	27.63	73.53%	m
retained profit	6.11	10.22%	8.22	12.21%	-23.39	-63.76%	-14.77	-39.31%	m
eps - basic (p)	25.92		6.01		3.08		3.59
eps - diluted (p)	25.92		6.01		3.08		3.59
dividends per share	23.50		-		-		-

Bilan (en résumé)

Bilan (en résumé)
	31 Déc 2018 (GBP)		31 Déc 2019 (GBP)		31 Déc 2020 (GBP)		31 Déc 2021 (GBP)


	31 Déc 2018 (GBP)		31 Déc 2019 (GBP)		31 Déc 2020 (GBP)		31 Déc 2021 (GBP)
ACTIFS
Actifs immobilisés	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	1,954.11	96.05%	2,277.11	97.77%	2,163.04	97.87%	2,217.70	98.21%	m
Actifs circulants - autres	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
débiteurs	8.20	0.40%	7.26	0.31%	10.88	0.49%	5.84	0.26%	m
cash & securities	72.25	3.55%	44.72	1.92%	36.15	1.64%	34.59	1.53%	m

TOTAL	2,034.56	100%	2,329.10	100%	2,210.06	100%	2,258.13	100%	m

PASSIF
creditors - short	90.66	4.46%	57.14	2.45%	127.49	5.77%	108.35	4.80%	m
creditors - long	170.46	8.38%	220.85	9.48%	157.36	7.12%	157.75	6.99%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	261.12	12.83%	277.99	11.94%	284.85	12.89%	266.09	11.78%	m

FONDS PROPRES
ord cap, reserves	1,773.44	87.17%	2,051.11	88.06%	1,925.21	87.11%	1,992.04	88.22%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,773.44	87.17%	2,051.11	88.06%	1,925.21	87.11%	1,992.04	88.22%	m

OTHER
NAV Basic	995.15		236.86		240.14		269.93
NAV Diluted	995.15		236.86		240.14		269.93

Witan Investment Cash Flow Statement

%1$s Cash Flow Statement
	31 Déc 2018 (GBP)	31 Déc 2019 (GBP)	31 Déc 2020 (GBP)	31 Déc 2021 (GBP)
Operating CF	36.99	46.41	20.88	19.35	m
Pre-Financing CF	40.45	61.47	198.29	209.20	m
Retained CF	-2.47	-25.89	-5.32	-0.38	m

Witan Investment Brokers

%1$s Brokers
Nom	Activité	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Cenkos Securities Plc	Market Maker(MME)	Broker/Dealer	CNKS	CNKOGB21
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
HSBC Bank plc	Market Maker(MME)	Broker/Dealer	HSBC	JCAPGB2L
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Nyenburgh Holding B.V.	Market Maker(MME)	Broker/Dealer	NYBB	NYENNL2B
Oriel Securities Limited	Market Maker(MME)	Broker/Dealer	OREL	ORSNGB21
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC