January 2014
UK Value Investor For Defensive Value Investors
2013 Year end review
L
ast year proved to be a good one for the UK stock market, although it was far from plain sailing. The UKVI model portfolio didn’t do too badly either. Since the lows of the credit crunch in 2009 the FTSE All-Share index has had positive total returns in four out of five years: 35.7%, 16.5%, -5.9%, 14.5% and 19.8%. However, the next few years are likely to be less profitable as rapid share price increases have moved the UK market from being cheap in 2009 to a more or less normal valuation today. To continue its rapid growth the market would have to get progressively more expensive which simply means that long-term investors would have to pay more to buy shares, and paying more is not usually a good investment strategy. The model portfolio and UKVI investment strategy have done what they’re supposed to do, by producing a high dividend income with high capital growth and low risk. At the end of 2013 the portfolio stands some 25.8% higher than it did at the start of the year. In comparison, the benchmark FTSE All Share tracker trust gained 19.5%. These figures should be compared to the average annual gains that you should expect from the stock market, which is closer to 7 or 8% (or 5% after inflation). The UKVI strategy and model portfolio have therefore outperformed the market by some 6.3% in 2013, which is a better annual out-performance that I would expect in most years. Total gains for the portfolio have been 41% since its inception in March 2011. That’s a 9.6% out-performance of the All-Share tracker trust. In cash terms the portfolio is ahead by £4,764. Put another way, the annualised returns have been 12.9% for the model portfolio and 10.1% for the benchmark, which is a 2.8% annualised performance gain, or 28% in relative terms. It’s important to note that these comparisons cover just 3 years, which is a relatively short period of time in the investing world. The first meaningful milestone comes after 5 years, although the 10 year performance comparison will be a much better guide. A 2.8% annualised improvement over passive investing is close to what I’d expect from a good defensive value strategy. I believe that it’s possible to get an extra 1% each year from a high dividend yield, 1% from owning fast growing companies, and 1% from repeatedly buying low and selling high. Of course these are estimates, but I think they are realistic, and a 3% absolute improvement is actually a 60% relative improvement compared to the 5% real return the UK stock market has historically provided. Contents Market Valuation, Forecast and Asset Allocation
Page 3
Model Portfolio Review
Page 4
Selling: Aviva (and rebalancing Mears)
Page 7
FTSE All-Share Stock Screens
Page 11
UK Value Investor provides information, not advice. It is for investors who want to make their own investment decisions and are capable of doing so without advice. If you think you need advice then you should seek a professional advisor. Please see the important notes on the back page for further information. Page 1
So what did 2013 actually look like in terms of actively managing a portfolio of shares? How much effort was required, and how much stress did it involve? The answer is, surprisingly little of either. The portfolio is managed using a steady, plodding approach to buying and selling. Each month just one company is bought or sold, and in 2013 8 companies were bought and 4 were sold. The first sale came in January with N Brown, the catalogue and multi-channel retailer, leaving the portfolio. The holding period was just 8 months, but in that time the returns were almost 60%, primarily from a dramatically increasing share price. This wasn’t anything that I had seen coming; the portfolio was just in the right place at the right time, although it helps to have a robust means of discerning a low price from a high price. The proceeds were recycled into the more attractive Amlin and Imperial Tobacco. The second sale was Reckitt Benckiser, the monotonously successful consumer goods company, sold in April. RB is exactly the sort of defensive, high quality company that I would expect to see in the model portfolio, but only at the right price. As with N Brown, gains of more than 50% over a 2 year period meant there was perhaps better value to be found elsewhere, despite the company’s intrinsic qualities. This time the profits were recycled back into Morrisons and Hill & Smith. I would not be surprised to find RB back in the portfolio once again, if the shares can be bought at an acceptably low level. The third company to leave the portfolio was Interserve, sold in July and producing gains of more than 110% over 2 years. Interserve showed the value of patience; after a virtually flat first year the shares shot up by around 70% in their second year. At that point they began to look expensive relative to the rest of the portfolio and so profits were taken in order to be recycled in to some better value-for-money shares. These profits were recycled into Homeserve and British American Tobacco. The last sale of the year came in October and was of Go-Ahead Group, the leading UK public transport company (over Christmas I travelled on HS1 - which they operate - and very impressive it was too). Despite being in an apparently ‘dull’ and defensive industry, Go-Ahead’s shares produced total returns of more than 30% in just over a year and a half. Again, a rapidly increasing share price was the main driver, although the starting yield of 6% gave a real boost. Profits from Go-Ahead have been recycled into Admiral and Royal Dutch Shell. All in all it has been a steady year, with this slow, methodical, plodding approach to buying and selling proving itself worthwhile. I think it’s a good pace to work at, which allows the portfolio to be improved and profits to be taken, but without having to rush around keeping an eye on the market at all hours of the day. For 2014 I expect to sell 5 or 6 companies, and to maintain the number of holdings at around 30 with the addition of 5 or 6 new holdings. I also expect the combination of high quality defensive companies, high yield shares and prudent profit taking to continue to provide above average income and growth, at below average risk. I hope you have a happy 2014, John Kingham, 1st January 2014
“The result of one particular game doesn’t mean a damn thing, and that’s why one of my mantras has always been ‘Decisions, not results’. Do the right thing enough times and the results will take care of themselves in the long-run.” - Amarillo Slim, Poker Legend
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Market valuation, forecast and asset allocation 2013 is in the bag and the results, as I’ve just mentioned, were very good, with total returns of 19.5% for the All-Share benchmark trust and 25.8% for the model portfolio. The FTSE 100 went from 5,898 at the start of the year to 6,749 at the end, for a capital gain of 14.4%; so large-caps under-performed the wider market slightly. The inflation adjusted 10 year average earnings of the FTSE 100 increased by around 3% during the year, going from 492 index points to 507. With the FTSE 100 at 6,749 the large-cap index is now priced at 13.3 times its inflation adjusted 10 year average earnings, i.e. it has a CAPE (Cyclically Adjusted PE ratio) of 13.3.
FTSE 100 at 6,749
Cyclically Adjusted P/E Ratio
Description
Ben Graham Equity Allocation (%)
7 Year Annualised Return Forecast (%)
13,300 - 15,300
26 - 30
Very expensive
25
-2.3 to -0.2
11,200 - 13,300
22 - 26
Expensive
25 to 35
-0.2 to 2.2
9,200 - 11,200
18 - 22
Slightly expensive
35 to 45
2.2 to 5.3
7,200 - 9,200
14 - 18
Normal
45 to 55
5.3 to 9.0
6,100 - 7,200
12 - 14
Slightly cheap
55 to 65
9.0 to 11.5
5,100 - 6,100
10 - 12
Cheap
65 to 75
11.5 to 14.4
4,100 - 5,100
8 - 10
Very cheap
75
14.4 to 18.2
This is still slightly cheap compared to historic averages. The numbers in the table above have been adjusted to reflect the growth in the underlying earnings of the FTSE 100 companies, and so for example the ‘normal’ valuation range now extends from 7,200 to 9,200 compared to 6,900 to 8,800 for 2013. Will we break 7,000 in this new year and reach all-time highs for the FTSE 100? I do think that’s the most likely outcome, and we could easily see 7,500 or more. But of course we could easily go the other way, which would be less pleasant, but would at least provide sensible investors with some additional bargains. In either case, the market’s reasonable valuation is reason to expect decent returns in the next few years, although somewhat behind those we’ve had since 2009.
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Model portfolio review Last month’s buy decision Last month Royal Dutch Shell joined the model portfolio at £21.50875 per share. The total investment was around 2.6% of the portfolio, slightly below my target of 3.3% (1/30th) as the portfolio is low on cash at the moment.
Portfolio news The biggest gainer of December was Tullett Prebon, the leading inter dealer broker headed by the head of the FundSmith Equity Fund, Terry Smith. The shares were up 12.4% in the month. On the down side, RSA fell by 14.1%, affected by some potential accounting ‘irregularities’ in Ireland. Double digit movements up or down in a single month are common and utterly unpredictable, which is why it’s so important to be aware of them, but to generally ignore them. Overall the portfolio was up 3.2% in the last month of the year. As I’ve already mentioned, total return performance for the year as a whole was far more than I would normally expect, at 25.8%. That’s two years in a row with 20% plus gains, so it will be interesting to see if the portfolio can do the ‘triple’ (I doubt it will, but it’s a nice thought). The model portfolio has now broken through the £70,000 mark, up more than £20,000 from inception in March 2011. Annualised returns are just about 13%, and I would very much like to continue at that sort of level, although I think it is perhaps a little high to be sustained. Double digit returns are enough to keep me happy.
Dividends Over 2013 the portfolio generated £2,673 in dividends compared to £1,937 from the All-Share benchmark. That’s an income yield of 4.8% relative to the value of the portfolio at the start of the year, which was £56,043. If it can generate a 4.8% yield from the starting value in 2014 then the income will be £3,383, although much depends on what happens with the special dividend from Vodafone. Dividends remain a central part of the UKVI defensive value strategy. They drive returns directly as a cash income; they drive capital growth as they grow, and they reduce risk by creating a floor under the share price, as long as the dividend can be maintained.
Income portfolio update Alongside the model portfolio, which reinvests all dividends, I also run an income portfolio which is identical except that it pays out a progressive income each year. The idea is that the income will grow ahead of inflation in perpetuity, and also ahead of an All-Share tracker income benchmark portfolio which also pays out a progressive dividend. The next income withdrawal from these portfolio is in March, and below you can see how these income portfolios are progressing so far (remember, virtually all dividends are withdrawn). Income Portfolio Capital Value Incom e Portfolio
Annual Income Paid Out
FTSE All-Share Benchmark
Model Income Portfolio
£65,000
£2,500
£60,000
£2,000
£55,000
FTSE All-Share Benchmark
£1,500
£50,000 £1,000 £45,000 £40,000
£500 £0 Jan-12
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Jan-13
Model portfolio performance and statistics Model Portfolio Total Return
FTSE All-Share Tracker Total Return
Average Investor
Bad Investor
£75,000 £70,000 £65,000 £60,000 £55,000 £50,000 £45,000 £40,000 Mar-11 Jun-11
Sep-11 Dec-11 Mar-12 Jun-12
Sep-12 Dec-12 Mar-13
Jun-13
Sep-13 Dec-13
Note that the “average investor” and “bad investor” underperform the market by 3% and 6% per year respectively due to overtrading, buying high and selling low. These figures are based on research cited by Barclays and the book, Monkey with a Pin. Performance (%)
FTSE All-Share Tracker Trust (B)
Difference
25.8
19.5
6.3
41
31.4
9.5
Model Portfolio (A)
1 Year Total return from inception (March 2011) Annualised return from inception
(A) - (B)
12.9
10.1
2.8
£70,488
£65,724
£4,764
Historic dividend yield
3.8
2.9
0.8
Trailing 2 year beta (lower = less risk)
0.61
1
39% less volatile
Current cash value
UK Revenue
55%
Size Allocation
International Revenue
45%
Industry Allocation Industrials, 32% Financials, 17% Consumer Services, 13% Consumer Goods, 10% Large Cap, 52% Mid Cap, 29% Small Cap, 19%
Basic Materials, 7% Utilities, 6% Oil & Gas, 6% Telecommunications, 5% Health Care, 4%
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Model Portfolio Current Holdings Value/growth factors: Green = better than FTSE100, Light Red = worse than FTSE100 Rank: Green = high, Amber = medium, Light Red = low - may be sold soon
Rank
Weight Name
EPIC
Index
Sector
Share Price
PE Ratio
(Value) Div.Yield
(Value) PE10
(Growth) (Growth) Rate Quality
Debt Ratio
UK Focus
Purchase Date
1
1.1%
Chemring Group PLC
CHG
Small Cap Aerospace & Defense
£2.24
9.2
4.2%
8.6
27.1%
93%
3.7
15%
18/04/2011
3
4.1%
AstraZeneca PLC
AZN
FTSE 100
Pharmaceuticals & Biotechnology
£35.75
9.9
5.0%
12.0
13.6%
90%
0.9
21%
13/06/2011
6
3.4%
BHP Billiton PLC
BLT
FTSE 100
Mining
£18.69
12.7
4.1%
12.9
18.3%
90%
4.2
1%
12/09/2011
7
2.6%
Morrison (Wm) Supermarkets PLC
MRW
FTSE 100
Food & Drug Retailers
£2.61
10.2
4.5%
16.0
17.3%
93%
3.4
100%
07/05/2013
8
2.6%
Tesco PLC
TSCO
FTSE 100
Food & Drug Retailers
£3.34
8.8
4.4%
12.8
9.3%
95%
2.7
67%
11/06/2012
9
3.5%
SSE PLC
SSE
FTSE 100
Electricity
£13.70
17.1
6.1%
15.1
12.8%
88%
3.9
98%
01/11/2011
10
2.8%
Admiral Group PLC
ADM
FTSE 100
Nonlife Insurance
£13.10
13.8
6.9%
22.7
13.5%
96%
0.0
23%
07/11/2013
11
3.9%
Balfour Beatty PLC
BBY
FTSE 250
Construction & Materials
£2.87
10.6
4.9%
11.3
11.1%
88%
2.8
50%
09/08/2011
12
3.5%
Homeserve PLC
HSV
FTSE 250
Support Services
£2.75
13.5
4.1%
15.8
12.7%
93%
1.2
75%
05/08/2013
14
2.7%
Centrica PLC
CNA
FTSE 100
Gas, Water & Multiutilities
£3.48
10.4
4.7%
15.9
10.4%
93%
2.6
71%
10/08/2012
16
3.6%
Tullett Prebon PLC
TLPR
FTSE 250
Financial Services
£3.77
9.1
4.5%
10.0
12.2%
86%
1.8
59%
05/09/2011
17
4.5%
MITIE Group PLC
MTO
FTSE 250
Support Services
£3.18
14.5
3.2%
20.0
13.2%
98%
2.5
100%
16/09/2011
18
5.0%
Vodafone Group PLC
VOD
FTSE 100
Mobile Telecommunications
£2.37
14.5
4.3%
16.0
8.6%
95%
3.0
12%
02/06/2011
19
4.9%
BAE Systems PLC
BA.
FTSE 100
Aerospace & Defense
£4.35
13.1
4.5%
13.9
11.6%
88%
1.7
21%
21/06/2011
21
2.9%
Rio Tinto PLC
RIO
FTSE 100
Mining
£34.10
8.6
3.1%
11.2
18.9%
86%
2.2
10%
07/09/2012
22
3.0%
Imperial Tobacco Group PLC
IMT
FTSE 100
Tobacco
£23.38
12.2
5.0%
17.0
12.5%
88%
4.8
19%
08/03/2013
23
2.4%
Greggs PLC
GRG
Small Cap Food & Drug Retailers
£4.31
11.8
4.5%
13.4
6.7%
90%
0.0
100%
07/12/2012
24
4.0%
Braemar Shipping Services PLC
BMS
Small Cap Industrial Transportation
£5.60
16.8
4.6%
13.7
7.2%
88%
0.0
68%
13/05/2011
25
3.2%
British American Tobacco PLC
BATS
FTSE 100
Tobacco
£32.38
15.5
4.2%
23.3
12.6%
95%
2.1
11%
09/09/2013
26
2.6%
Royal Dutch Shell PLC
RDSB
FTSE 100
Oil & Gas Producers
£22.80
9.8
4.8%
10.8
8.1%
83%
1.1
10%
09/12/2013
30
3.7%
Hill & Smith Holdings PLC
HILS
Small Cap Industrial Engineering
£5.16
14.7
2.9%
18.4
11.3%
93%
2.4
75%
07/06/2013
35
2.9%
ICAP PLC
IAP
FTSE 250
Financial Services
£4.52
16.5
4.9%
16.7
10.4%
86%
1.9
30%
10/04/2012
39
5.2%
JD Sports Fashion PLC
JD.
FTSE 250
General Retailers
£14.57
16.1
1.8%
19.8
20.8%
93%
0.1
82%
16/03/2011
40
4.0%
Cranswick PLC
CWK
FTSE 250
Food Producers
£11.86
15.3
2.5%
20.2
9.9%
95%
0.5
97%
06/11/2012
41
1.8%
RSA Insurance Group PLC
RSA
FTSE 100
Nonlife Insurance
£0.91
7.0
8.0%
6.7
3.9%
79%
0.0
36%
09/01/2012
49
6.1%
Mears Group PLC
MER
Small Cap Support Services
£4.75
19.9
1.7%
28.1
16.3%
98%
2.2
100%
24/03/2011
50
3.3%
Amlin PLC
AML
FTSE 250
Nonlife Insurance
£4.59
8.5
5.2%
11.4
3.4%
83%
0.0
90%
08/02/2013
76
3.5%
BP PLC
BP.
FTSE 100
Oil & Gas Producers
£4.88
12.6
4.5%
10.1
-0.5%
79%
2.1
30%
04/03/2011
105
2.9%
Aviva PLC
AV.
FTSE 100
Life Insurance
£4.50
9.2
4.2%
11.3
-1.9%
73%
0.0
51%
12/03/2012
0.4%
Cash
Selling: Aviva PLC (AV.) Purchase price and date
Current price
Holding period
360.7p on 12/03/2012 Capital gain
449.7p Dividend income
1 year 10 months Annualised return
23.3%
11.1%
18.9%
“Aviva is a life, general and health insurance business and provides asset management services. We are the largest insurer in the UK and we have strong businesses in selected international markets.” (www.aviva.com)
Overview Aviva was added to the model portfolio back in early 2012. It’s the sort of large, high profile company that I’d expect to see in a defensive, income focused portfolio. It has a history going back some 300 years and it’s the largest insurer in the UK. At the time of purchase it had a very impressive dividend yield of 7.2%, almost double that of the market average. The stage was set for a quiet period of ownership, holding the shares of a leading company at an attractive valuation with the odds of success looking very good. But that’s not how things turned out, and Aviva has been an interesting, occasionally difficult, educational and ultimately profitable investment. The graph below tells the story of disaster and recovery that Aviva’s shares have been through.
Far from being a steady, boring investment, Aviva’s time in the model portfolio has been characterised by drama, disappointment and share price volatility. Things got off to a bad start with the effective ousting of the CEO in early 2012 as a result of the ‘shareholder spring’. Shareholders voted against the remuneration report in such numbers that CEO Andrew Moss had little choice but to go. At the bottom of this particular valley the shares were down by almost 30%. That’s a pretty big drop and if stop losses had been used then Page 7
it’s almost certain that Aviva would have turned out to be a losing investment, perhaps losing 10 or 20% depending on where the stop loss was set. I don’t like stop losses because they imply that a falling share price is a reason to sell, and I think that in most cases, with large successful businesses, it isn’t. In this case it would have meant missing out solid double digit annualised returns. Eventually the share price recovered into 2013 as Moss was replaced with Mark Wilson and his simple and understandable plan to focus Aviva on ‘cash flow plus growth’. However, the market was less pleased when that plan turned out to involve a near 50% dividend cut. The market’s reaction was predictable, and the shares dropped by more than 12% on the day. Again the shares fell to almost 20% below their purchase price and again I stuck to my general strategy which is to ignore the vast majority of short-term events. More recently Aviva shareholders have had a little more to cheer about as the market has gradually decided that it likes the company’s new strategy. The shares have gained more than 70% from their lows of 2012 and they’re up 23.3% from when they were added to the model portfolio. Add that capital gain to the 11.1% return from dividends and the total returns from this eventful investment have been 34.4% in just under 2 years, or almost 19% per year. As far as I can see this investment in Aviva has underlined several important points: Don’t panic if bad things happen For defensive investors the share price falling a long way, the CEO leaving or the dividend being cut shouldn’t be the end of the world. If the company was strong to start with then in most cases it will weather the storm and provide a solid base for the shares to rebound when the bad news passes. So how strong was Aviva? The chart below shows the company’s financial history over the past few years. Earnings (left axis)
Dividends (left axis)
Net written premium (right axis)
100 P e n c e p e r s h a r e
1,500 P
80
1,200 e
60
900
40
600
20
300
0 2004 -20 -40
0 2005
2006
2007
2008
2009
2010
2011
2012 -300 -600
n c e p e r s h a r e
That certainly isn’t a picture of a defensive powerhouse. The trend of premiums written, earnings and dividends is flat at best and perhaps even downwards a little, and that’s before inflation is factored in. Aviva has quite a mediocre history, but it does have a long history of paying dividends and it does have a large and international business with many market leading business units. So while I wouldn’t expect Aviva to grow like Reckitt Benckiser, I would expect it to maintain it’s value at the very least. Given that the share price was so low to start with, the maintenance of its earnings power and Page 8
dividend (admittedly at a somewhat reduced level) in the years ahead, combined with time and a random flow of good and bad news, was likely to provide an opportunity to lock in some decent returns at some point. And that’s more or less what happened. Some bad things happened; the company didn’t go bust; dividends were paid; the market had a change of heart; the shares went up and decent total returns on this investment were the result. And that leads onto the second point: Have a clear view of what ‘cheap’ is and what ‘expensive’ is for each company that you own If you have a good idea of what constitutes expensive and cheap, you can ignore share price falls (as in most cases with defensive companies a cheaper share is a better investment to be held, not a worse investment to be sold). You can also take profits when the shares go up beyond where they can reasonably be called cheap, because holding expensive shares is usually just as bad as buying expensive shares.
Summary This investment in Aviva has returned around 34.4% in under 2 years for an annualised return of almost 19%. I will be selling the shares a few days after this newsletter is published, at which point I will know the actual final results, which will depend on the share price when the shares are sold, which may be different to the price at the time of publication. I will be buying two more companies over the next two months to take the portfolio to 30 holdings. At that point I will begin alternating one buying month with one selling month to maintain the number of holdings at 29 or 30, whilst continuing to take profits where it is prudent to do so.
Rebalancing Mears PLC Occasionally an investment will grow significantly faster than the rest of the portfolio. As an investment grows it becomes a larger part of the portfolio, and at some point the portfolio will be too dependent on this one investment. For the model portfolio the rule is that holdings should be trimmed back if they reach 6.6%, or double their default size of 3.3% (1/30th of the portfolio). The Mears investment has grown by 76% and now represents 6.1% of the portfolio. Although this is slightly below the maximum allowed, the portfolio is light on cash at the moment and rebalancing Mears will help provide cash for the next two new investments. So I will be selling half of the Mears investment alongside Aviva, and in both cases locking in some solid capital gains.
“I arrived at a rigid quantitative discipline because otherwise I would have no idea how to sell. It struck me that if you let your emotions dictate when to sell, you risk falling in love with companies that have been doing well and you ride them too long, and then something goes wrong. I guess I have the classic value mentality. It’s instinctual for me to want to sell as these things go up and I start getting nervous. For me, having something systematic that says ‘this is cheap’ or ‘this is fairly valued’ is really, really important.” Richard Pzena, Pzena Investment Management
Please remember that this investment analysis is for information and education only. It should not be construed as advice and should not be relied upon before investing. You should perform your own analysis and independent factual verification. If you need advice you should seek a financial advisor. Please see the important notes on the last page. Page 9
A quick guide to the model portfolio and stock screen Portfolio management policies and procedures Deliberate Diversification - To reduce the risks that come with each individual company and its shares, it is generally considered a good idea to hold a widely diversified portfolio. The model portfolio is diversified in terms of the number of companies (with a target of 30 equally weighted holdings), the industrial spread of those companies (no more than 2 or 3 from the same Sector) and their geographic spread (no more than 50% of portfolio revenue to be generated in the UK). Continuous Portfolio Improvement - A portfolio of stocks is a dynamic entity much like a garden. If it is left unmanaged (as with a pure buy-and-hold portfolio) there is a risk that over time the portfolio will drift away from its original goal. For example a high yield portfolio may become an average yield portfolio if the share prices of all the holdings increase faster than the dividends. To avoid this, the portfolio is actively managed to make sure that it only contains high quality companies with attractively valued shares. Each month a company is either added to or removed from the portfolio based on its Stock Screen rank and various other factors.
Buy and sell procedures Buy Decisions - Each buy decision starts by looking through the Stock Screen for the highest ranked stock which is not already in the portfolio and which has a debt ratio of less than five (a debt ratio of more than five is highlighted in red). The second step is to enter the companies results from the past decade into the investment analysis worksheet or spreadsheet which are available on the website. This makes it easier to see if the past results do actually match what the stock screen suggests, in terms of profitability, growth and consistency. If all of that looks okay then the next step is to check the total defined pension benefit liabilities to see if they are excessive relative to the company’s earnings power. Another step is to review the qualitative history of the company over the past decade, i.e. to read its annual reports in order to get a picture of what it has been doing and what problems it has faced in recent years. Finally, all these strands are pulled together to try to answer the questions in the investment analysis checklist about the company’s past, its present and its potential future. Sell Decisions - Sell decisions are made primarily on an existing holdings rank, with the lowest ranked shares most likely to be sold. However, there is a degree of subjectivity involved and it isn’t a purely mechanical process. For example, companies which are surrounded by a reasonable amount of good news are more likely to be sold than those which are still unloved, or which are still in the middle of a turnaround strategy.
The Stock Screen The stock screen ranks stocks based on a combination of their cyclically adjusted earnings and dividend yields, as well as the long-term growth rate and quality of that growth. Each of these factors is based on academic research and together create a unique screen which focuses high yield shares from companies which have produced high quality results in the past.
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Stock Screen - Sorted by Rank Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85
Name Chemring Group PLC Vedanta Resources PLC AstraZeneca PLC FirstGroup PLC Phoenix IT Group PLC BHP Billiton PLC Morrison (Wm) Supermarkets PLC Tesco PLC SSE PLC Admiral Group PLC Balfour Beatty PLC Homeserve PLC Sainsbury (J) PLC Centrica PLC Pennon Group PLC Tullett Prebon PLC MITIE Group PLC Vodafone Group PLC BAE Systems PLC Carillion PLC Rio Tinto PLC Imperial Tobacco Group PLC Greggs PLC Braemar Shipping Services PLC British American Tobacco PLC Royal Dutch Shell PLC Serco Group PLC Reckitt Benckiser Group PLC Halfords Group PLC Hill & Smith Holdings PLC National Grid PLC British Sky Broadcasting Group PLC Chesnara PLC Anglo Pacific Group PLC ICAP PLC Wood Group (John) PLC Menzies (John) PLC Intermediate Capital Group PLC JD Sports Fashion PLC Cranswick PLC RSA Insurance Group PLC Smiths News PLC G4S PLC Stagecoach Group PLC Brown (N) Group PLC Huntsworth PLC Headlam Group PLC Morgan Sindall PLC Mears Group PLC Amlin PLC Standard Chartered PLC BG Group PLC Domino's Pizza UK & IRL PLC Cobham PLC Marks & Spencer Group PLC Compass Group PLC GlaxoSmithKline PLC Marston's PLC Beazley PLC Capita Group (The) PLC Barclays PLC Vitec Group (The) PLC Aggreko PLC DCC PLC Investec PLC AMEC PLC Management Consulting Group PLC Go-Ahead Group (The) PLC Charles Taylor PLC Victrex PLC Weir Group PLC Restaurant Group (The) PLC Hyder Consulting PLC PayPoint PLC Croda International PLC BP PLC IMI PLC Synergy Health PLC Antofagasta PLC Fenner PLC Domino Printing Sciences PLC HSBC Holdings PLC Ladbrokes PLC Spirax-Sarco Engineering PLC Meggitt PLC
EPIC CHG VED AZN FGP PNX BLT MRW TSCO SSE ADM BBY HSV SBRY CNA PNN TLPR MTO VOD BA. CLLN RIO IMT GRG BMS BATS RDSB SRP RB. HFD HILS NG. BSY CSN APF IAP WG. MNZS ICP JD. CWK RSA NWS GFS SGC BWNG HNT HEAD MGNS MER AML STAN BG. DOM COB MKS CPG GSK MARS BEZ CPI BARC VTC AGK DCC INVP AMEC MMC GOG CTR VCT WEIR RTN HYC PAY CRDA BP. IMI SYR ANTO FENR DNO HSBA LAD SPX MGGT
Index Small Cap FTSE 250 FTSE 100 FTSE 250 Small Cap FTSE 100 FTSE 100 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 100 Small Cap Small Cap FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 250 Small Cap FTSE 100 FTSE 100 Small Cap Small Cap FTSE 250 FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 250 Small Cap Small Cap Small Cap Small Cap FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 250 Small Cap FTSE 250 FTSE 100 FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 100
Sector Aerospace & Defense Mining Pharmaceuticals & Biotechnology Travel & Leisure Software & Computer Services Mining Food & Drug Retailers Food & Drug Retailers Electricity Nonlife Insurance Construction & Materials Support Services Food & Drug Retailers Gas, Water & Multiutilities Gas, Water & Multiutilities Financial Services Support Services Mobile Telecommunications Aerospace & Defense Support Services Mining Tobacco Food & Drug Retailers Industrial Transportation Tobacco Oil & Gas Producers Support Services Household Goods & Home Construction General Retailers Industrial Engineering Gas, Water & Multiutilities Media Life Insurance Mining Financial Services Oil Equipment, Services & Distribution Support Services Financial Services General Retailers Food Producers Nonlife Insurance Support Services Support Services Travel & Leisure General Retailers Media Household Goods & Home Construction Construction & Materials Support Services Nonlife Insurance Banks Oil & Gas Producers Travel & Leisure Aerospace & Defense General Retailers Travel & Leisure Pharmaceuticals & Biotechnology Travel & Leisure Nonlife Insurance Support Services Banks Industrial Engineering Support Services Support Services Financial Services Oil Equipment, Services & Distribution Support Services Travel & Leisure Financial Services Chemicals Industrial Engineering Travel & Leisure Support Services Support Services Chemicals Oil & Gas Producers Industrial Engineering Health Care Equipment & Services Mining Industrial Engineering Electronic & Electrical Equipment Banks Travel & Leisure Industrial Engineering Aerospace & Defense
Share Price £2.24 £9.34 £35.75 £1.24 £1.33 £18.69 £2.61 £3.34 £13.70 £13.10 £2.87 £2.75 £3.65 £3.48 £6.59 £3.77 £3.18 £2.37 £4.35 £3.31 £34.10 £23.38 £4.31 £5.60 £32.38 £22.80 £4.99 £47.93 £4.46 £5.16 £7.88 £8.44 £3.22 £1.84 £4.52 £6.86 £7.08 £4.20 £14.57 £11.86 £0.91 £2.36 £2.63 £3.78 £5.33 £0.69 £4.06 £7.55 £4.75 £4.59 £13.60 £12.98 £5.13 £2.75 £4.33 £9.68 £16.12 £1.44 £2.72 £10.38 £2.72 £6.39 £17.09 £29.69 £4.38 £10.88 £0.26 £17.58 £2.52 £18.37 £21.32 £5.92 £6.35 £10.11 £24.57 £4.88 £15.25 £12.03 £8.24 £4.85 £7.65 £6.62 £1.79 £29.90 £5.28
PE Ratio 9.2 28.8 9.9 5.7 9.1 12.7 10.2 8.8 17.1 13.8 10.6 13.5 13.2 10.4 11.9 9.1 14.5 14.5 13.1 9.5 8.6 12.2 11.8 16.8 15.5 9.8 13.2 19.4 15.8 14.7 12.9 14.1 11.3 29.0 16.5 14.6 10.5 12.9 16.1 15.3 7.0 11.6 13.2 13.1 18.7 11.4 16.0 10.3 19.9 8.5 11.5 12.6 20.2 14.0 14.6 20.6 17.7 10.7 10.7 24.6 62.4 13.5 17.1 17.8 12.9 14.1 7.9 14.2 15.7 21.3 16.1 24.2 13.5 22.3 19.0 12.6 18.7 21.8 8.5 20.0 20.6 13.4 8.4 23.3 16.3
(Value) Div.Yield 4.2% 4.0% 5.0% 5.0% 5.8% 4.1% 4.5% 4.4% 6.1% 6.9% 4.9% 4.1% 4.6% 4.7% 4.3% 4.5% 3.2% 4.3% 4.5% 5.2% 3.1% 5.0% 4.5% 4.6% 4.2% 4.8% 2.0% 2.8% 3.8% 2.9% 5.2% 3.6% 5.4% 5.5% 4.9% 1.5% 3.6% 4.8% 1.8% 2.5% 8.0% 3.9% 3.4% 2.3% 2.6% 5.1% 3.7% 3.6% 1.7% 5.2% 3.9% 1.3% 2.8% 3.2% 3.9% 2.5% 4.6% 4.5% 3.1% 2.3% 2.2% 3.4% 1.4% 2.2% 4.1% 3.4% 3.2% 4.6% 4.0% 2.3% 1.8% 2.0% 1.9% 3.0% 2.4% 4.5% 2.1% 1.7% 1.6% 2.3% 2.8% 4.3% 5.0% 1.8% 2.2%
(Value) PE10 8.6 9.4 12.0 4.2 5.8 12.9 16.0 12.8 15.1 22.7 11.3 15.8 21.7 15.9 19.4 10.0 20.0 16.0 13.9 12.3 11.2 17.0 13.4 13.7 23.3 10.8 22.0 29.5 14.2 18.4 15.0 23.7 16.9 15.3 16.7 11.3 15.6 9.5 19.8 20.2 6.7 15.8 19.6 21.2 25.8 7.5 14.0 9.6 28.1 11.4 13.8 18.9 42.1 20.7 12.8 35.1 17.9 9.6 16.3 34.4 8.2 17.5 33.7 22.9 10.9 25.9 5.3 12.4 11.4 33.0 32.6 35.6 19.9 31.7 40.0 10.1 30.3 33.8 13.6 27.1 28.2 11.4 7.6 35.1 26.4
(Growth) (Growth) Rate Quality 27.1% 93% 15.6% 90% 13.6% 90% 6.3% 90% 11.3% 86% 18.3% 90% 17.3% 93% 9.3% 95% 12.8% 88% 13.5% 96% 11.1% 88% 12.7% 93% 23.4% 90% 10.4% 93% 10.9% 95% 12.2% 86% 13.2% 98% 8.6% 95% 11.6% 88% 11.1% 86% 18.9% 86% 12.5% 88% 6.7% 90% 7.2% 88% 12.6% 95% 8.1% 83% 17.4% 100% 17.0% 100% 6.1% 88% 11.3% 93% 7.5% 86% 10.8% 98% 4.9% 89% 9.5% 83% 10.4% 86% 29.0% 86% 4.4% 93% -1.6% 87% 20.8% 93% 9.9% 95% 3.9% 79% 6.7% 88% 12.2% 88% 14.3% 90% 11.9% 95% 5.1% 81% -2.4% 88% 6.1% 76% 16.3% 98% 3.4% 83% 6.6% 86% 14.7% 93% 25.7% 100% 12.7% 88% 2.8% 83% 14.7% 98% 3.9% 88% -1.2% 81% 10.3% 86% 14.8% 98% -9.7% 82% 7.4% 86% 26.5% 100% 13.8% 88% -0.4% 82% 14.8% 88% 1.5% 81% 5.1% 76% -1.0% 81% 14.2% 95% 21.6% 95% 13.3% 100% 22.7% 88% 12.3% 93% 24.3% 98% -0.5% 79% 10.9% 98% 16.4% 98% 16.8% 83% 12.6% 90% 11.3% 90% -0.3% 79% -4.1% 76% 12.8% 100% 11.6% 90%
Debt Ratio 3.7 22.1 0.9 4.3 2.9 4.2 3.4 2.7 3.9 0.0 2.8 1.2 4.8 2.6 11.0 1.8 2.5 3.0 1.7 4.1 2.2 4.8 0.0 0.0 2.1 1.1 3.4 1.4 1.1 2.4 8.4 2.7 0.0 0.0 1.9 0.5 2.5 3.8 0.1 0.5 0.0 2.2 6.7 4.4 2.2 1.5 0.8 0.1 2.2 0.0 0.0 2.2 1.2 2.5 2.5 2.4 2.4 9.2 0.0 4.0 0.0 2.7 2.3 4.3 0.0 0.8 1.2 3.6 2.8 0.0 4.1 0.8 0.4 0.0 1.6 2.1 0.8 5.0 1.2 3.5 0.6 0.0 1.3 0.4 2.6
Earnings Power (m) £93 £494 £6,761 £645 £30 £5,528 £707 £4,022 £1,541 £307 £308 £107 £579 £2,069 £239 £141 £114 £13,662 £1,769 £198 £7,388 £2,342 £59 £16 £4,994 £21,740 £227 £2,339 £110 £40 £3,362 £1,097 £39 £22 £301 £391 £51 £309 £66 £55 £789 £48 £367 £186 £111 £48 £43 £52 £33 £337 £4,094 £4,338 £40 £252 £910 £965 £7,709 £139 £149 £388 £8,765 £28 £273 £191 £401 £220 £39 £93 £15 £90 £265 £67 £22 £40 £163 £14,183 £305 £41 £994 £63 £55 £17,188 £330 £129 £288
Stock Screen - Sorted by Rank Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170
Name EPIC Greene King PLC GNK Chime Communications PLC CHW Man Group PLC EMG ITE Group PLC ITE Diploma PLC DPLM Aberdeen Asset Management PLC ADN CRH PLC CRH Catlin Group Ltd CGL Speedy Hire PLC SDY NCC Group PLC NCC Diageo PLC DGE Fidessa Group PLC FDSA Bunzl PLC BNZL Sage Group (The) PLC SGE Centaur Media PLC CAU William Hill PLC WMH Fisher (James) & Sons PLC FSJ Atkins (W S) PLC ATK Clarkson PLC CKN Aviva PLC AV. United Drug PLC UDG Rotork PLC ROR Darty PLC DRTY Smith & Nephew PLC SN. Anglo-Eastern Plantations PLC AEP SABMiller PLC SAB Fuller Smith & Turner PLC FSTA PZ Cussons PLC PZC Severn Trent PLC SVT WPP Group PLC WPP Intertek Group PLC ITRK Communisis PLC CMS St Ives PLC SIV Low & Bonar PLC LWB Devro PLC DVO RPS Group PLC RPS KCOM Group PLC KCOM Ultra Electronics Holdings PLC ULE Halma PLC HLMA Burberry Group PLC BRBY Dairy Crest Group PLC DCG Premier Farnell PLC PFL Aveva Group PLC AVV Whitbread PLC WTB RPC Group PLC RPC Spectris PLC SXS Carr's Milling Industries PLC CRM Pearson PLC PSON Senior PLC SNR Babcock International Group PLC BAB Bloomsbury Publishing PLC BMY De La Rue PLC DLAR Provident Financial PLC PFG Interserve PLC IRV United Utilities Group PLC UU. Brammer PLC BRAM 4imprint Group PLC FOUR Informa PLC INF Unilever PLC ULVR FTSE 100 Electrocomponents PLC ECM Kier Group PLC KIE Renishaw PLC RSW Keller Group PLC KLR Cable & Wireless Communications PLC CWC Millennium & Copthorne Hotels PLC MLC Old Mutual PLC OML Barr (A G) PLC BAG London Stock Exchange Group PLC LSE Rexam PLC REX Tate & Lyle PLC TATE Lavendon Group PLC LVD Telecom plus PLC TEP Computacenter PLC CCC Hays PLC HAS Tarsus PLC TRS Paragon Group of Companies (The) PLC PAG Marshalls PLC MSLH Smiths Group PLC SMIN ARM Holdings PLC ARM Next PLC NXT Berendsen PLC BRSN Laird PLC LRD Shanks Group PLC SKS Associated British Foods PLC ABF
Index FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 250 Small Cap Small Cap FTSE 100 FTSE 250 FTSE 100 FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100 Small Cap FTSE 100 Small Cap FTSE 250 FTSE 100 FTSE 100 FTSE 100 Small Cap Small Cap Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 250 FTSE 100 Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 100 Small Cap Small Cap FTSE 250 FTSE 100
Sector Travel & Leisure Media Financial Services Media Support Services Financial Services Construction & Materials Nonlife Insurance Support Services Software & Computer Services Beverages Software & Computer Services Support Services Software & Computer Services Media Travel & Leisure Industrial Transportation Support Services Industrial Transportation Life Insurance Food & Drug Retailers Industrial Engineering General Retailers Health Care Equipment & Services Food Producers Beverages Travel & Leisure Personal Goods Gas, Water & Multiutilities Media Support Services Support Services Support Services Construction & Materials Food Producers Support Services Fixed Line Telecommunications Aerospace & Defense Electronic & Electrical Equipment Personal Goods Food Producers Support Services Software & Computer Services Travel & Leisure General Industrials Electronic & Electrical Equipment Food Producers Media Aerospace & Defense Support Services Media Support Services Financial Services Support Services Gas, Water & Multiutilities Support Services Media Media Food Producers
FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 100 FTSE 100 FTSE 100 Small Cap FTSE 250 FTSE 250 FTSE 250 Small Cap FTSE 250 Small Cap FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100
Support Services Construction & Materials Electronic & Electrical Equipment Construction & Materials Fixed Line Telecommunications Travel & Leisure Life Insurance Beverages Financial Services General Industrials Food Producers Support Services Fixed Line Telecommunications Software & Computer Services Support Services Media Financial Services Construction & Materials General Industrials Technology Hardware & Equipment General Retailers Support Services Technology Hardware & Equipment Support Services Food Producers
Share Price £8.81 £3.37 £0.85 £3.07 £6.75 £5.00 £15.23 £5.81 £0.64 £1.85 £20.00 £22.53 £14.50 £4.04 £0.59 £4.02 £12.50 £14.18 £20.01 £4.50 £3.24 £28.70 £1.18 £8.61 £6.73 £31.01 £9.20 £3.77 £17.05 £13.80 £31.48 £0.57 £1.73 £0.72 £2.88 £3.36 £0.98 £19.28 £6.04 £15.16 £5.40 £2.22 £21.64 £37.51 £5.90 £25.61 £16.87 £13.41 £3.07 £13.55 £1.76 £8.71 £16.24 £6.23 £6.72 £4.50 £6.69 £5.74 £24.82 6,749 £2.79 £18.35 £19.45 £11.49 £0.56 £6.00 £1.89 £5.66 £17.33 £5.31 £8.09 £1.73 £17.70 £6.38 £1.30 £2.36 £3.71 £1.76 £14.80 £10.99 £54.50 £9.37 £2.77 £1.09 £24.45
PE Ratio 17.2 66.6 -5.4 22.0 22.0 17.8 24.4 12.1 74.4 26.1 18.9 28.1 23.6 20.3 17.1 16.3 22.9 15.2 28.5 9.2 14.8 28.2 27.6 15.6 8.1 22.1 21.0 22.3 20.5 21.0 26.1 10.1 12.6 15.5 14.6 26.3 12.0 20.6 26.2 19.4 11.8 14.7 29.5 24.1 15.6 21.4 13.5 26.2 16.7 22.5 16.2 17.2 14.9 19.2 18.9 21.5 28.7 16.6 19.9 13.8 17.9 17.8 20.6 21.2 29.9 15.9 14.7 24.3 23.0 15.6 14.1 17.4 46.3 16.3 25.4 29.4 11.4 23.9 15.6 95.6 18.6 22.4 21.0 22.4 25.4
(Value) Div.Yield 3.0% 2.1% 16.9% 2.3% 2.3% 3.2% 2.9% 5.1% 0.8% 1.7% 2.4% 1.6% 1.9% 1.8% 4.1% 2.6% 1.4% 2.3% 2.5% 4.2% 2.5% 1.5% 2.5% 2.0% 0.4% 2.1% 1.5% 2.0% 4.4% 2.1% 1.3% 2.9% 3.8% 3.3% 3.0% 1.9% 4.5% 2.1% 1.7% 1.9% 3.8% 4.7% 1.2% 1.5% 2.5% 1.5% 1.9% 3.4% 1.5% 1.9% 3.1% 4.9% 4.8% 3.3% 5.1% 2.1% 2.3% 3.2% 3.2% 3.5% 4.2% 3.7% 2.1% 2.0% 4.6% 2.3% 3.7% 1.8% 1.7% 2.9% 3.2% 1.6% 1.8% 2.7% 1.9% 2.9% 1.9% 3.0% 2.7% 0.4% 1.9% 2.7% 3.6% 3.2% 1.3%
(Value) PE10 17.9 21.8 4.5 29.4 39.0 41.7 13.4 13.7 8.8 45.1 30.1 44.7 32.3 25.4 12.9 16.8 31.7 20.1 17.6 11.3 20.1 47.6 9.1 24.2 12.5 35.7 30.2 29.4 21.5 30.5 47.0 8.7 9.8 12.9 23.8 26.1 17.2 28.7 39.4 37.2 13.7 16.8 46.2 41.9 23.7 39.1 22.8 28.1 28.2 39.1 15.1 19.1 23.2 22.0 15.8 31.7 34.7 24.2 19.8 14.3 18.9 17.8 37.4 18.7 20.7 19.9 13.6 38.1 30.7 17.3 18.3 11.4 84.9 23.0 17.8 25.9 5.6 15.4 20.8 226.1 29.3 28.8 20.1 16.5 39.1
(Growth) (Growth) Rate Quality 5.5% 88% 13.8% 88% -8.1% 71% 11.0% 93% 16.1% 95% 19.7% 93% 3.3% 83% 3.9% 80% -25.9% 81% 23.9% 100% 8.1% 95% 21.3% 98% 9.3% 100% 9.2% 90% -4.0% 81% -8.2% 90% 12.5% 98% 9.2% 88% 7.2% 86% -1.9% 73% 7.3% 88% 17.5% 100% -10.6% 71% 13.1% 90% 15.6% 81% 13.6% 95% 10.5% 98% 10.3% 93% 2.4% 86% 12.8% 93% 18.8% 100% -9.5% 69% -10.6% 69% -1.4% 76% 10.9% 86% 11.3% 90% 8.3% 79% 13.6% 88% 9.8% 100% 17.1% 93% 1.0% 74% 4.8% 67% 27.1% 95% 14.0% 95% 11.5% 86% 13.9% 95% 10.1% 88% 6.7% 88% 18.7% 88% 21.9% 90% 1.0% 83% 5.5% 76% 4.2% 83% 6.2% 83% -4.0% 74% 11.3% 90% 7.7% 93% 7.6% 86% 5.2% 83% 2.1% 76% 1.4% 71% 4.7% 79% 12.9% 90% 5.7% 86% 1.7% 74% 9.1% 83% -3.6% 79% 8.5% 98% 13.8% 88% 0.9% 81% 2.2% 81% 4.8% 74% 25.5% 90% 9.3% 83% 0.2% 79% 10.0% 81% -12.7% 75% -10.3% 69% 6.0% 81% 21.7% 93% 8.8% 90% 5.3% 88% -2.7% 83% -1.8% 76% 9.5% 98%
Debt Ratio 7.8 0.5 1.1 0.4 0.0 0.0 2.9 0.0 1.2 1.8 3.2 0.0 2.8 1.5 2.2 1.1 2.1 0.9 0.0 0.0 3.3 0.0 1.9 0.5 0.4 4.6 7.2 1.0 14.8 4.2 3.3 2.4 1.0 3.9 0.9 0.6 2.2 0.9 1.4 0.4 4.4 4.5 0.0 1.7 3.0 1.9 3.9 3.3 1.4 3.1 0.0 1.5 7.4 0.8 14.4 1.8 0.7 3.4 3.0
Earnings Power (m) £189 £27 £494 £48 £37 £267 £1,392 £245 £61 £17 £3,174 £37 £299 £316 £10 £376 £39 £124 £37 £1,704 £69 £105 £98 £575 £35 £2,655 £19 £102 £325 £1,131 £216 £17 £29 £28 £35 £51 £46 £82 £116 £336 £80 £65 £57 £308 £71 £148 £12 £689 £80 £227 £14 £69 £162 £61 £428 £30 £10 £245 £2,732
1.9 1.2 0.0 1.4 11.7 2.2 0.0 0.8 3.0 5.7 2.7 2.9 0.1 0.3 0.9 1.8 30.3 2.5 2.5 0.0 1.4 5.4 2.9 8.8 1.2
£93 £89 £68 £75 £102 £163 £1,073 £34 £270 £392 £333 £38 £30 £64 £161 £14 £302 £31 £454 £126 £522 £99 £61 £40 £966
Stock Screen - Sorted by Rank Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215
Name Prudential PLC Rathbone Brothers PLC Dignity PLC Goodwin PLC Galliford Try PLC BT Group PLC Rolls-Royce Group PLC Reed Elsevier PLC Genus PLC Jardine Lloyd Thompson Group PLC Greencore Group PLC Close Brothers Group PLC British Polythene Industries PLC Robert Walters PLC S & U PLC Ted Baker PLC F&C Asset Management PLC Bodycote PLC Hunting PLC BBA Aviation PLC Ricardo PLC Johnson Matthey PLC InterContinental Hotels Group PLC Dechra Pharmaceuticals PLC Kingfisher PLC Legal & General Group PLC Dialight PLC Vp PLC Schroders PLC Michael Page International PLC UK Mail Group PLC Tribal Group PLC Euromoney Institutional Investor PLC Brewin Dolphin Holdings PLC Bellway PLC Tullow Oil PLC Porvair PLC Boot (Henry) PLC Consort Medical PLC Smith (DS) PLC Wilmington Group PLC Oxford Instruments PLC St James's Place PLC Xaar PLC Carclo PLC
EPIC PRU RAT DTY GDWN GFRD BT.A RR. REL GNS JLT GNC CBG BPI RWA SUS TED FCAM BOY HTG BBA RCDO JMAT IHG DPH KGF LGEN DIA VP. SDR MPI UKM TRB ERM BRW BWY TLW PRV BHY CSRT SMDS WIL OXIG STJ XAR CAR
Index FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 250 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 250 Small Cap Small Cap Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 100 Small Cap Small Cap FTSE 100 FTSE 250 Small Cap Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 100 Small Cap Small Cap Small Cap FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 250 Small Cap
Sector Life Insurance Financial Services General Retailers Industrial Engineering Construction & Materials Fixed Line Telecommunications Aerospace & Defense Media Pharmaceuticals & Biotechnology Nonlife Insurance Food Producers Financial Services General Industrials Support Services Financial Services Personal Goods Financial Services Industrial Engineering Oil Equipment, Services & Distribution Industrial Transportation Support Services Chemicals Travel & Leisure Pharmaceuticals & Biotechnology General Retailers Life Insurance Electronic & Electrical Equipment Support Services Financial Services Support Services Industrial Transportation Support Services Media Financial Services Household Goods & Home Construction Oil & Gas Producers Alternative Energy Construction & Materials Health Care Equipment & Services General Industrials Media Electronic & Electrical Equipment Life Insurance Electronic & Electrical Equipment Chemicals
Share Price £13.40 £16.14 £14.40 £36.50 £11.69 £3.79 £12.75 £8.99 £12.97 £10.18 £2.23 £13.72 £6.45 £3.12 £15.60 £22.90 £0.92 £6.70 £7.80 £3.21 £6.70 £32.80 £20.13 £7.03 £3.85 £2.23 £8.56 £6.66 £25.98 £4.88 £6.19 £1.70 £13.50 £3.05 £15.70 £8.55 £2.73 £2.00 £9.57 £3.32 £2.40 £17.67 £7.28 £11.20 £2.85
PE Ratio 15.1 24.1 23.0 17.3 17.0 16.9 15.4 19.8 35.1 19.3 11.3 17.1 14.8 46.5 17.0 43.7 18.0 17.2 17.3 18.2 18.6 23.1 17.3 44.3 15.3 15.8 21.3 27.7 25.5 34.3 24.8 19.5 24.6 23.8 17.6 20.3 27.5 27.9 24.7 21.2 31.9 41.2 37.0 56.9 40.9
(Value) Div.Yield 2.2% 2.9% 1.1% 1.0% 3.2% 2.5% 1.5% 2.6% 1.2% 2.5% 2.2% 3.2% 2.0% 1.7% 2.9% 1.2% 3.3% 1.8% 2.4% 2.8% 2.1% 1.7% 2.0% 2.0% 2.5% 3.4% 1.6% 1.8% 1.7% 2.0% 3.0% 0.7% 1.7% 2.8% 1.9% 1.4% 1.0% 2.4% 2.1% 2.4% 2.9% 0.6% 1.5% 0.4% 0.9%
(Value) PE10 32.0 25.9 35.2 38.3 19.7 21.2 35.6 28.7 41.6 29.1 19.8 21.1 16.0 27.0 25.5 62.4 23.2 29.9 29.4 20.1 25.2 32.3 29.4 44.9 21.1 21.5 49.1 34.5 34.0 29.9 29.6 15.6 33.5 29.5 22.2 42.4 46.7 27.6 23.4 33.8 33.6 85.4 52.1 124.2 35.1
(Growth) (Growth) Rate Quality 7.3% 90% 3.2% 86% 11.2% 93% 13.9% 90% 3.0% 83% -2.2% 83% 10.5% 90% 6.9% 83% 11.0% 93% 8.2% 81% -0.3% 79% 1.1% 79% -1.4% 74% 6.2% 86% 4.1% 81% 9.7% 95% -11.4% 57% 7.0% 88% 2.5% 90% 1.1% 71% 5.4% 83% 11.1% 83% 11.1% 81% 5.7% 93% 2.8% 76% 1.1% 76% 12.4% 88% 7.6% 86% 9.6% 86% 7.4% 81% 3.3% 74% -8.7% 74% 5.9% 86% 3.2% 79% -8.1% 83% 14.6% 81% 7.0% 90% -1.5% 79% 0.9% 67% 3.7% 81% 1.6% 67% 16.9% 74% 8.0% 86% 9.6% 79% 5.3% 79%
Debt Ratio 0.0 0.0 8.3 1.5 0.9 4.3 1.7 3.4 2.0 2.0 3.5 0.0 1.5 1.0 1.8 0.7 9.7 0.6 3.8 3.3 0.0 2.7 2.7 4.5 0.7 0.1 0.0 4.1 6.3 0.1 0.1 1.2 0.2 0.0 0.3 2.5 2.4 1.7 0.0 6.5 5.0 0.0 0.0 0.1 3.0
Earnings Power (m) £1,938 £49 £40 £12 £81 £2,353 £1,218 £609 £35 £124 £71 £152 £16 £15 £12 £30 £26 £75 £71 £109 £23 £347 £288 £25 £660 £936 £10 £13 £354 £85 £17 £15 £87 £45 £143 £297 £5 £15 £16 £148 £8 £17 £123 £11 £8
Stock Screen - Sorted by Name Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 142 91 10 63 66 50 34 110 79 165 170 3 103 128 105 135 19 11 61 153 190 59 205 167 52 6 136 188 208 76 24 141 204 25 183 32 45 176 98 125 150 60 215 20 132 93 100 14 69 1 33 87 104 182 54 117 56 159 209 40 92 75 126 108 64 137 194 120 96 197 173 90 81 53 146 203 187 80 97 4 102 145 112 43 175
Name 4imprint Group PLC Aberdeen Asset Management PLC Admiral Group PLC Aggreko PLC AMEC PLC Amlin PLC Anglo Pacific Group PLC Anglo-Eastern Plantations PLC Antofagasta PLC ARM Holdings PLC Associated British Foods PLC AstraZeneca PLC Atkins (W S) PLC Aveva Group PLC Aviva PLC Babcock International Group PLC BAE Systems PLC Balfour Beatty PLC Barclays PLC Barr (A G) PLC BBA Aviation PLC Beazley PLC Bellway PLC Berendsen PLC BG Group PLC BHP Billiton PLC Bloomsbury Publishing PLC Bodycote PLC Boot (Henry) PLC BP PLC Braemar Shipping Services PLC Brammer PLC Brewin Dolphin Holdings PLC British American Tobacco PLC British Polythene Industries PLC British Sky Broadcasting Group PLC Brown (N) Group PLC BT Group PLC Bunzl PLC Burberry Group PLC Cable & Wireless Communications PLC Capita Group (The) PLC Carclo PLC Carillion PLC Carr's Milling Industries PLC Catlin Group Ltd Centaur Media PLC Centrica PLC Charles Taylor PLC Chemring Group PLC Chesnara PLC Chime Communications PLC Clarkson PLC Close Brothers Group PLC Cobham PLC Communisis PLC Compass Group PLC Computacenter PLC Consort Medical PLC Cranswick PLC CRH PLC Croda International PLC Dairy Crest Group PLC Darty PLC DCC PLC De La Rue PLC Dechra Pharmaceuticals PLC Devro PLC Diageo PLC Dialight PLC Dignity PLC Diploma PLC Domino Printing Sciences PLC Domino's Pizza UK & IRL PLC Electrocomponents PLC Euromoney Institutional Investor PLC F&C Asset Management PLC Fenner PLC Fidessa Group PLC FirstGroup PLC Fisher (James) & Sons PLC FTSE 100 Fuller Smith & Turner PLC G4S PLC Galliford Try PLC
EPIC FOUR ADN ADM AGK AMEC AML APF AEP ANTO ARM ABF AZN ATK AVV AV. BAB BA. BBY BARC BAG BBA BEZ BWY BRSN BG. BLT BMY BOY BHY BP. BMS BRAM BRW BATS BPI BSY BWNG BT.A BNZL BRBY CWC CPI CAR CLLN CRM CGL CAU CNA CTR CHG CSN CHW CKN CBG COB CMS CPG CCC CSRT CWK CRH CRDA DCG DRTY DCC DLAR DPH DVO DGE DIA DTY DPLM DNO DOM ECM ERM FCAM FENR FDSA FGP FSJ
Index Small Cap FTSE 100 FTSE 100 FTSE 100 FTSE 100 FTSE 250 Small Cap Small Cap FTSE 100 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 100 Small Cap FTSE 250 Small Cap FTSE 100 Small Cap Small Cap FTSE 250 FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 100 Small Cap FTSE 250 Small Cap FTSE 250 Small Cap FTSE 100 Small Cap Small Cap Small Cap Small Cap Small Cap FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 250 Small Cap FTSE 250 FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 250
Sector Media Financial Services Nonlife Insurance Support Services Oil Equipment, Services & Distribution Nonlife Insurance Mining Food Producers Mining Technology Hardware & Equipment Food Producers Pharmaceuticals & Biotechnology Support Services Software & Computer Services Life Insurance Support Services Aerospace & Defense Construction & Materials Banks Beverages Industrial Transportation Nonlife Insurance Household Goods & Home Construction Support Services Oil & Gas Producers Mining Media Industrial Engineering Construction & Materials Oil & Gas Producers Industrial Transportation Support Services Financial Services Tobacco General Industrials Media General Retailers Fixed Line Telecommunications Support Services Personal Goods Fixed Line Telecommunications Support Services Chemicals Support Services Food Producers Nonlife Insurance Media Gas, Water & Multiutilities Financial Services Aerospace & Defense Life Insurance Media Industrial Transportation Financial Services Aerospace & Defense Support Services Travel & Leisure Software & Computer Services Health Care Equipment & Services Food Producers Construction & Materials Chemicals Food Producers General Retailers Support Services Support Services Pharmaceuticals & Biotechnology Food Producers Beverages Electronic & Electrical Equipment General Retailers Support Services Electronic & Electrical Equipment Travel & Leisure Support Services Media Financial Services Industrial Engineering Software & Computer Services Travel & Leisure Industrial Transportation
FSTA GFS GFRD
Small Cap Travel & Leisure FTSE 100 Support Services FTSE 250 Construction & Materials
Share Price £6.69 £5.00 £13.10 £17.09 £10.88 £4.59 £1.84 £6.73 £8.24 £10.99 £24.45 £35.75 £14.18 £21.64 £4.50 £13.55 £4.35 £2.87 £2.72 £5.66 £3.21 £2.72 £15.70 £9.37 £12.98 £18.69 £1.76 £6.70 £2.00 £4.88 £5.60 £4.50 £3.05 £32.38 £6.45 £8.44 £5.33 £3.79 £14.50 £15.16 £0.56 £10.38 £2.85 £3.31 £16.87 £5.81 £0.59 £3.48 £2.52 £2.24 £3.22 £3.37 £20.01 £13.72 £2.75 £0.57 £9.68 £6.38 £9.57 £11.86 £15.23 £24.57 £5.40 £1.18 £29.69 £8.71 £7.03 £2.88 £20.00 £8.56 £14.40 £6.75 £7.65 £5.13 £2.79 £13.50 £0.92 £4.85 £22.53 £1.24 £12.50 6,749 £9.20 £2.63 £11.69
PE Ratio 28.7 17.8 13.8 17.1 14.1 8.5 29.0 8.1 8.5 95.6 25.4 9.9 15.2 29.5 9.2 22.5 13.1 10.6 62.4 24.3 18.2 10.7 17.6 22.4 12.6 12.7 16.2 17.2 27.9 12.6 16.8 21.5 23.8 15.5 14.8 14.1 18.7 16.9 23.6 19.4 29.9 24.6 40.9 9.5 13.5 12.1 17.1 10.4 15.7 9.2 11.3 66.6 28.5 17.1 14.0 10.1 20.6 16.3 24.7 15.3 24.4 19.0 11.8 27.6 17.8 17.2 44.3 14.6 18.9 21.3 23.0 22.0 20.6 20.2 17.9 24.6 18.0 20.0 28.1 5.7 22.9 13.8 21.0 13.2 17.0
(Value) Div.Yield 2.3% 3.2% 6.9% 1.4% 3.4% 5.2% 5.5% 0.4% 1.6% 0.4% 1.3% 5.0% 2.3% 1.2% 4.2% 1.9% 4.5% 4.9% 2.2% 1.8% 2.8% 3.1% 1.9% 2.7% 1.3% 4.1% 3.1% 1.8% 2.4% 4.5% 4.6% 2.1% 2.8% 4.2% 2.0% 3.6% 2.6% 2.5% 1.9% 1.9% 4.6% 2.3% 0.9% 5.2% 1.9% 5.1% 4.1% 4.7% 4.0% 4.2% 5.4% 2.1% 2.5% 3.2% 3.2% 2.9% 2.5% 2.7% 2.1% 2.5% 2.9% 2.4% 3.8% 2.5% 2.2% 4.9% 2.0% 3.0% 2.4% 1.6% 1.1% 2.3% 2.8% 2.8% 4.2% 1.7% 3.3% 2.3% 1.6% 5.0% 1.4% 3.5% 1.5% 3.4% 3.2%
(Value) PE10 34.7 41.7 22.7 33.7 25.9 11.4 15.3 12.5 13.6 226.1 39.1 12.0 20.1 46.2 11.3 39.1 13.9 11.3 8.2 38.1 20.1 16.3 22.2 28.8 18.9 12.9 15.1 29.9 27.6 10.1 13.7 31.7 29.5 23.3 16.0 23.7 25.8 21.2 32.3 37.2 20.7 34.4 35.1 12.3 22.8 13.7 12.9 15.9 11.4 8.6 16.9 21.8 17.6 21.1 20.7 8.7 35.1 23.0 23.4 20.2 13.4 40.0 13.7 9.1 22.9 19.1 44.9 23.8 30.1 49.1 35.2 39.0 28.2 42.1 18.9 33.5 23.2 27.1 44.7 4.2 31.7 14.3 30.2 19.6 19.7
(Growth) (Growth) Rate Quality 7.7% 93% 19.7% 93% 13.5% 96% 26.5% 100% 14.8% 88% 3.4% 83% 9.5% 83% 15.6% 81% 16.8% 83% 21.7% 93% 9.5% 98% 13.6% 90% 9.2% 88% 27.1% 95% -1.9% 73% 21.9% 90% 11.6% 88% 11.1% 88% -9.7% 82% 8.5% 98% 1.1% 71% 10.3% 86% -8.1% 83% 5.3% 88% 14.7% 93% 18.3% 90% 1.0% 83% 7.0% 88% -1.5% 79% -0.5% 79% 7.2% 88% 11.3% 90% 3.2% 79% 12.6% 95% -1.4% 74% 10.8% 98% 11.9% 95% -2.2% 83% 9.3% 100% 17.1% 93% 1.7% 74% 14.8% 98% 5.3% 79% 11.1% 86% 10.1% 88% 3.9% 80% -4.0% 81% 10.4% 93% -1.0% 81% 27.1% 93% 4.9% 89% 13.8% 88% 7.2% 86% 1.1% 79% 12.7% 88% -9.5% 69% 14.7% 98% 9.3% 83% 0.9% 67% 9.9% 95% 3.3% 83% 24.3% 98% 1.0% 74% -10.6% 71% 13.8% 88% 5.5% 76% 5.7% 93% 10.9% 86% 8.1% 95% 12.4% 88% 11.2% 93% 16.1% 95% 11.3% 90% 25.7% 100% 1.4% 71% 5.9% 86% -11.4% 57% 12.6% 90% 21.3% 98% 6.3% 90% 12.5% 98% 2.1% 76% 10.5% 98% 12.2% 88% 3.0% 83%
Debt Ratio 0.7 0.0 0.0 2.3 0.8 0.0 0.0 0.4 1.2 0.0 1.2 0.9 0.9 0.0 0.0 3.1 1.7 2.8 0.0 0.8 3.3 0.0 0.3 5.4 2.2 4.2 0.0 0.6 1.7 2.1 0.0 1.8 0.0 2.1 1.5 2.7 2.2 4.3 2.8 0.4 11.7 4.0 3.0 4.1 3.9 0.0 2.2 2.6 2.8 3.7 0.0 0.5 0.0 0.0 2.5 2.4 2.4 0.3 0.0 0.5 2.9 1.6 4.4 1.9 4.3 1.5 4.5 0.9 3.2 0.0 8.3 0.0 0.6 1.2 1.9 0.2 9.7 3.5 0.0 4.3 2.1
Earnings Power (m) £10 £267 £307 £273 £220 £337 £22 £35 £994 £126 £966 £6,761 £124 £57 £1,704 £227 £1,769 £308 £8,765 £34 £109 £149 £143 £99 £4,338 £5,528 £14 £75 £15 £14,183 £16 £30 £45 £4,994 £16 £1,097 £111 £2,353 £299 £336 £102 £388 £8 £198 £12 £245 £10 £2,069 £15 £93 £39 £27 £37 £152 £252 £17 £965 £64 £16 £55 £1,392 £163 £80 £98 £191 £69 £25 £35 £3,174 £10 £40 £37 £55 £40 £93 £87 £26 £63 £37 £645 £39
7.2 6.7 0.9
£19 £367 £81
Stock Screen - Sorted by Name Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 179 57 68 174 181 86 23 29 124 160 47 30 12 82 189 46 73 35 77 22 143 193 38 139 116 65 89 180 39 192 122 149 147 195 83 168 157 196 154 119 88 67 55 163 58 49 85 37 200 151 17 48 7 31 95 166 152 212 162 74 133 15 5 207 127 138 171 113 172 28 178 148 72 155 191 21 184 177 107 26 130 121 41 185 111
Name EPIC Genus PLC GNS GlaxoSmithKline PLC GSK Go-Ahead Group (The) PLC GOG Goodwin PLC GDWN Greencore Group PLC GNC Greene King PLC GNK Greggs PLC GRG Halfords Group PLC HFD Halma PLC HLMA Hays PLC HAS Headlam Group PLC HEAD Hill & Smith Holdings PLC HILS Homeserve PLC HSV HSBC Holdings PLC HSBA Hunting PLC HTG Huntsworth PLC HNT Hyder Consulting PLC HYC ICAP PLC IAP IMI PLC IMI Imperial Tobacco Group PLC IMT Informa PLC INF InterContinental Hotels Group PLC IHG Intermediate Capital Group PLC ICP Interserve PLC IRV Intertek Group PLC ITRK Investec PLC INVP ITE Group PLC ITE Jardine Lloyd Thompson Group PLC JLT JD Sports Fashion PLC JD. Johnson Matthey PLC JMAT KCOM Group PLC KCOM Keller Group PLC KLR Kier Group PLC KIE Kingfisher PLC KGF Ladbrokes PLC LAD Laird PLC LRD Lavendon Group PLC LVD Legal & General Group PLC LGEN London Stock Exchange Group PLC LSE Low & Bonar PLC LWB Man Group PLC EMG Management Consulting Group PLC MMC Marks & Spencer Group PLC MKS Marshalls PLC MSLH Marston's PLC MARS Mears Group PLC MER Meggitt PLC MGGT Menzies (John) PLC MNZS Michael Page International PLC MPI Millennium & Copthorne Hotels PLC MLC MITIE Group PLC MTO Morgan Sindall PLC MGNS Morrison (Wm) Supermarkets PLC MRW National Grid PLC NG. NCC Group PLC NCC Next PLC NXT Old Mutual PLC OML Oxford Instruments PLC OXIG Paragon Group of Companies (The) PLC PAG PayPoint PLC PAY Pearson PLC PSON Pennon Group PLC PNN Phoenix IT Group PLC PNX Porvair PLC PRV Premier Farnell PLC PFL Provident Financial PLC PFG Prudential PLC PRU PZ Cussons PLC PZC Rathbone Brothers PLC RAT Reckitt Benckiser Group PLC RB. Reed Elsevier PLC REL Renishaw PLC RSW Restaurant Group (The) PLC RTN Rexam PLC REX Ricardo PLC RCDO Rio Tinto PLC RIO Robert Walters PLC RWA Rolls-Royce Group PLC RR. Rotork PLC ROR Royal Dutch Shell PLC RDSB RPC Group PLC RPC RPS Group PLC RPS RSA Insurance Group PLC RSA S & U PLC SUS SABMiller PLC SAB
Index FTSE 250 FTSE 100 FTSE 250 Small Cap FTSE 250 FTSE 250 Small Cap FTSE 250 FTSE 250 FTSE 250 Small Cap Small Cap FTSE 250 FTSE 100 FTSE 250 Small Cap Small Cap FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 100 Small Cap FTSE 250 Small Cap FTSE 100 Small Cap FTSE 250 Small Cap FTSE 100 Small Cap FTSE 250 FTSE 250 FTSE 250 Small Cap FTSE 100 FTSE 100 Small Cap FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 250 FTSE 100 FTSE 250 Small Cap Small Cap FTSE 250 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 100 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 100
Sector Pharmaceuticals & Biotechnology Pharmaceuticals & Biotechnology Travel & Leisure Industrial Engineering Food Producers Travel & Leisure Food & Drug Retailers General Retailers Electronic & Electrical Equipment Support Services Household Goods & Home Construction Industrial Engineering Support Services Banks Oil Equipment, Services & Distribution Media Support Services Financial Services Industrial Engineering Tobacco Media Travel & Leisure Financial Services Support Services Support Services Financial Services Media Nonlife Insurance General Retailers Chemicals Fixed Line Telecommunications Construction & Materials Construction & Materials General Retailers Travel & Leisure Technology Hardware & Equipment Support Services Life Insurance Financial Services Construction & Materials Financial Services Support Services General Retailers Construction & Materials Travel & Leisure Support Services Aerospace & Defense Support Services Support Services Travel & Leisure Support Services Construction & Materials Food & Drug Retailers Gas, Water & Multiutilities Software & Computer Services General Retailers Life Insurance Electronic & Electrical Equipment Financial Services Support Services Media Gas, Water & Multiutilities Software & Computer Services Alternative Energy Support Services Financial Services Life Insurance Personal Goods Financial Services Household Goods & Home Construction Media Electronic & Electrical Equipment Travel & Leisure General Industrials Support Services Mining Support Services Aerospace & Defense Industrial Engineering Oil & Gas Producers General Industrials Support Services Nonlife Insurance Financial Services Beverages
Share Price £12.97 £16.12 £17.58 £36.50 £2.23 £8.81 £4.31 £4.46 £6.04 £1.30 £4.06 £5.16 £2.75 £6.62 £7.80 £0.69 £6.35 £4.52 £15.25 £23.38 £5.74 £20.13 £4.20 £6.23 £31.48 £4.38 £3.07 £10.18 £14.57 £32.80 £0.98 £11.49 £18.35 £3.85 £1.79 £2.77 £1.73 £2.23 £17.33 £0.72 £0.85 £0.26 £4.33 £1.76 £1.44 £4.75 £5.28 £7.08 £4.88 £6.00 £3.18 £7.55 £2.61 £7.88 £1.85 £54.50 £1.89 £17.67 £3.71 £10.11 £13.41 £6.59 £1.33 £2.73 £2.22 £16.24 £13.40 £3.77 £16.14 £47.93 £8.99 £19.45 £5.92 £5.31 £6.70 £34.10 £3.12 £12.75 £28.70 £22.80 £5.90 £3.36 £0.91 £15.60 £31.01
PE Ratio 35.1 17.7 14.2 17.3 11.3 17.2 11.8 15.8 26.2 25.4 16.0 14.7 13.5 13.4 17.3 11.4 13.5 16.5 18.7 12.2 16.6 17.3 12.9 19.2 26.1 12.9 22.0 19.3 16.1 23.1 12.0 21.2 17.8 15.3 8.4 21.0 17.4 15.8 23.0 15.5 -5.4 7.9 14.6 23.9 10.7 19.9 16.3 10.5 34.3 15.9 14.5 10.3 10.2 12.9 26.1 18.6 14.7 41.2 11.4 22.3 26.2 11.9 9.1 27.5 14.7 14.9 15.1 22.3 24.1 19.4 19.8 20.6 24.2 15.6 18.6 8.6 46.5 15.4 28.2 9.8 15.6 26.3 7.0 17.0 22.1
(Value) Div.Yield 1.2% 4.6% 4.6% 1.0% 2.2% 3.0% 4.5% 3.8% 1.7% 1.9% 3.7% 2.9% 4.1% 4.3% 2.4% 5.1% 1.9% 4.9% 2.1% 5.0% 3.2% 2.0% 4.8% 3.3% 1.3% 4.1% 2.3% 2.5% 1.8% 1.7% 4.5% 2.0% 3.7% 2.5% 5.0% 3.6% 1.6% 3.4% 1.7% 3.3% 16.9% 3.2% 3.9% 3.0% 4.5% 1.7% 2.2% 3.6% 2.0% 2.3% 3.2% 3.6% 4.5% 5.2% 1.7% 1.9% 3.7% 0.6% 1.9% 3.0% 3.4% 4.3% 5.8% 1.0% 4.7% 4.8% 2.2% 2.0% 2.9% 2.8% 2.6% 2.1% 2.0% 2.9% 2.1% 3.1% 1.7% 1.5% 1.5% 4.8% 2.5% 1.9% 8.0% 2.9% 2.1%
(Value) PE10 41.6 17.9 12.4 38.3 19.8 17.9 13.4 14.2 39.4 17.8 14.0 18.4 15.8 11.4 29.4 7.5 19.9 16.7 30.3 17.0 24.2 29.4 9.5 22.0 47.0 10.9 29.4 29.1 19.8 32.3 17.2 18.7 17.8 21.1 7.6 20.1 11.4 21.5 30.7 12.9 4.5 5.3 12.8 15.4 9.6 28.1 26.4 15.6 29.9 19.9 20.0 9.6 16.0 15.0 45.1 29.3 13.6 85.4 5.6 31.7 28.1 19.4 5.8 46.7 16.8 23.2 32.0 29.4 25.9 29.5 28.7 37.4 35.6 17.3 25.2 11.2 27.0 35.6 47.6 10.8 23.7 26.1 6.7 25.5 35.7
(Growth) (Growth) Rate Quality 11.0% 93% 3.9% 88% 5.1% 76% 13.9% 90% -0.3% 79% 5.5% 88% 6.7% 90% 6.1% 88% 9.8% 100% 0.2% 79% -2.4% 88% 11.3% 93% 12.7% 93% -0.3% 79% 2.5% 90% 5.1% 81% 22.7% 88% 10.4% 86% 10.9% 98% 12.5% 88% 7.6% 86% 11.1% 81% -1.6% 87% 6.2% 83% 18.8% 100% -0.4% 82% 11.0% 93% 8.2% 81% 20.8% 93% 11.1% 83% 8.3% 79% 5.7% 86% 4.7% 79% 2.8% 76% -4.1% 76% -2.7% 83% 4.8% 74% 1.1% 76% 13.8% 88% -1.4% 76% -8.1% 71% 1.5% 81% 2.8% 83% -10.3% 69% -1.2% 81% 16.3% 98% 11.6% 90% 4.4% 93% 7.4% 81% 9.1% 83% 13.2% 98% 6.1% 76% 17.3% 93% 7.5% 86% 23.9% 100% 8.8% 90% -3.6% 79% 16.9% 74% -12.7% 75% 12.3% 93% 6.7% 88% 10.9% 95% 11.3% 86% 7.0% 90% 4.8% 67% 4.2% 83% 7.3% 90% 10.3% 93% 3.2% 86% 17.0% 100% 6.9% 83% 12.9% 90% 13.3% 100% 0.9% 81% 5.4% 83% 18.9% 86% 6.2% 86% 10.5% 90% 17.5% 100% 8.1% 83% 11.5% 86% 11.3% 90% 3.9% 79% 4.1% 81% 13.6% 95%
Debt Ratio 2.0 2.4 3.6 1.5 3.5 7.8 0.0 1.1 1.4 0.9 0.8 2.4 1.2 0.0 3.8 1.5 0.4 1.9 0.8 4.8 3.4 2.7 3.8 0.8 3.3 0.0 0.4 2.0 0.1 2.7 2.2 1.4 1.2 0.7 1.3 2.9 2.9 0.1 3.0 3.9 1.1 1.2 2.5 2.5 9.2 2.2 2.6 2.5 0.1 2.2 2.5 0.1 3.4 8.4 1.8 1.4 0.0 0.0 30.3 0.0 3.3 11.0 2.9 2.4 4.5 7.4 0.0 1.0 0.0 1.4 3.4 0.0 0.8 5.7 0.0 2.2 1.0 1.7 0.0 1.1 3.0 0.6 0.0 1.8 4.6
Earnings Power (m) £35 £7,709 £93 £12 £71 £189 £59 £110 £116 £161 £43 £40 £107 £17,188 £71 £48 £22 £301 £305 £2,342 £245 £288 £309 £61 £216 £401 £48 £124 £66 £347 £46 £75 £89 £660 £330 £61 £38 £936 £270 £28 £494 £39 £910 £31 £139 £33 £288 £51 £85 £163 £114 £52 £707 £3,362 £17 £522 £1,073 £17 £302 £40 £689 £239 £30 £5 £65 £162 £1,938 £102 £49 £2,339 £609 £68 £67 £392 £23 £7,388 £15 £1,218 £105 £21,740 £71 £51 £789 £12 £2,655
Stock Screen - Sorted by Name Colour key: Green = better than FTSE 100, Light Red = worse than FTSE 100, Dark Red = Debt ratio too high
Rank 99 13 199 134 27 114 169 109 210 164 42 131 94 84 9 118 213 44 51 78 161 156 186 158 8 202 16 206 201 123 144 106 140 2 70 62 18 198 71 129 101 211 36 115 214
Name Sage Group (The) PLC Sainsbury (J) PLC Schroders PLC Senior PLC Serco Group PLC Severn Trent PLC Shanks Group PLC Smith & Nephew PLC Smith (DS) PLC Smiths Group PLC Smiths News PLC Spectris PLC Speedy Hire PLC Spirax-Sarco Engineering PLC SSE PLC St Ives PLC St James's Place PLC Stagecoach Group PLC Standard Chartered PLC Synergy Health PLC Tarsus PLC Tate & Lyle PLC Ted Baker PLC Telecom plus PLC Tesco PLC Tribal Group PLC Tullett Prebon PLC Tullow Oil PLC UK Mail Group PLC Ultra Electronics Holdings PLC Unilever PLC United Drug PLC United Utilities Group PLC Vedanta Resources PLC Victrex PLC Vitec Group (The) PLC Vodafone Group PLC Vp PLC Weir Group PLC Whitbread PLC William Hill PLC Wilmington Group PLC Wood Group (John) PLC WPP Group PLC Xaar PLC
EPIC SGE SBRY SDR SNR SRP SVT SKS SN. SMDS SMIN NWS SXS SDY SPX SSE SIV STJ SGC STAN SYR TRS TATE TED TEP TSCO TRB TLPR TLW UKM ULE ULVR UDG UU. VED VCT VTC VOD VP. WEIR WTB WMH WIL WG. WPP XAR
Index FTSE 100 FTSE 100 FTSE 100 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 100 FTSE 250 FTSE 100 Small Cap FTSE 250 Small Cap FTSE 250 FTSE 100 Small Cap FTSE 250 FTSE 250 FTSE 100 FTSE 250 Small Cap FTSE 100 FTSE 250 FTSE 250 FTSE 100 Small Cap FTSE 250 FTSE 100 Small Cap FTSE 250 FTSE 100 FTSE 250 FTSE 100 FTSE 250 FTSE 250 Small Cap FTSE 100 Small Cap FTSE 100 FTSE 100 FTSE 100 Small Cap FTSE 250 FTSE 100 FTSE 250
Sector Software & Computer Services Food & Drug Retailers Financial Services Aerospace & Defense Support Services Gas, Water & Multiutilities Support Services Health Care Equipment & Services General Industrials General Industrials Support Services Electronic & Electrical Equipment Support Services Industrial Engineering Electricity Support Services Life Insurance Travel & Leisure Banks Health Care Equipment & Services Media Food Producers Personal Goods Fixed Line Telecommunications Food & Drug Retailers Support Services Financial Services Oil & Gas Producers Industrial Transportation Aerospace & Defense Food Producers Food & Drug Retailers Gas, Water & Multiutilities Mining Chemicals Industrial Engineering Mobile Telecommunications Support Services Industrial Engineering Travel & Leisure Travel & Leisure Media Oil Equipment, Services & Distribution Media Electronic & Electrical Equipment
Share Price £4.04 £3.65 £25.98 £3.07 £4.99 £17.05 £1.09 £8.61 £3.32 £14.80 £2.36 £25.61 £0.64 £29.90 £13.70 £1.73 £7.28 £3.78 £13.60 £12.03 £2.36 £8.09 £22.90 £17.70 £3.34 £1.70 £3.77 £8.55 £6.19 £19.28 £24.82 £3.24 £6.72 £9.34 £18.37 £6.39 £2.37 £6.66 £21.32 £37.51 £4.02 £2.40 £6.86 £13.80 £11.20
PE Ratio 20.3 13.2 25.5 16.7 13.2 20.5 22.4 15.6 21.2 15.6 11.6 21.4 74.4 23.3 17.1 12.6 37.0 13.1 11.5 21.8 29.4 14.1 43.7 46.3 8.8 19.5 9.1 20.3 24.8 20.6 19.9 14.8 18.9 28.8 21.3 13.5 14.5 27.7 16.1 24.1 16.3 31.9 14.6 21.0 56.9
(Value) Div.Yield 1.8% 4.6% 1.7% 1.5% 2.0% 4.4% 3.2% 2.0% 2.4% 2.7% 3.9% 1.5% 0.8% 1.8% 6.1% 3.8% 1.5% 2.3% 3.9% 1.7% 2.9% 3.2% 1.2% 1.8% 4.4% 0.7% 4.5% 1.4% 3.0% 2.1% 3.2% 2.5% 5.1% 4.0% 2.3% 3.4% 4.3% 1.8% 1.8% 1.5% 2.6% 2.9% 1.5% 2.1% 0.4%
(Value) PE10 25.4 21.7 34.0 28.2 22.0 21.5 16.5 24.2 33.8 20.8 15.8 39.1 8.8 35.1 15.1 9.8 52.1 21.2 13.8 33.8 25.9 18.3 62.4 84.9 12.8 15.6 10.0 42.4 29.6 28.7 19.8 20.1 15.8 9.4 33.0 17.5 16.0 34.5 32.6 41.9 16.8 33.6 11.3 30.5 124.2
(Growth) (Growth) Rate Quality 9.2% 90% 23.4% 90% 9.6% 86% 18.7% 88% 17.4% 100% 2.4% 86% -1.8% 76% 13.1% 90% 3.7% 81% 6.0% 81% 6.7% 88% 13.9% 95% -25.9% 81% 12.8% 100% 12.8% 88% -10.6% 69% 8.0% 86% 14.3% 90% 6.6% 86% 16.4% 98% 10.0% 81% 2.2% 81% 9.7% 95% 25.5% 90% 9.3% 95% -8.7% 74% 12.2% 86% 14.6% 81% 3.3% 74% 13.6% 88% 5.2% 83% 7.3% 88% -4.0% 74% 15.6% 90% 14.2% 95% 7.4% 86% 8.6% 95% 7.6% 86% 21.6% 95% 14.0% 95% -8.2% 90% 1.6% 67% 29.0% 86% 12.8% 93% 9.6% 79%
Debt Ratio 1.5 4.8 6.3 1.4 3.4 14.8 8.8 0.5 6.5 2.5 2.2 1.9 1.2 0.4 3.9 1.0 0.0 4.4 0.0 5.0 1.8 2.7 0.7 0.1 2.7 1.2 1.8 2.5 0.1 0.9 3.0 3.3 14.4 22.1 0.0 2.7 3.0 4.1 4.1 1.7 1.1 5.0 0.5 4.2 0.1
Earnings Power (m) £316 £579 £354 £80 £227 £325 £40 £575 £148 £454 £48 £148 £61 £129 £1,541 £29 £123 £186 £4,094 £41 £14 £333 £30 £30 £4,022 £15 £141 £297 £17 £82 £2,732 £69 £428 £494 £90 £28 £13,662 £13 £265 £308 £376 £8 £391 £1,131 £11
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