Balance Sheet Diploma PLC

Equities

DPLM

GB0001826634

Industrial Machinery & Equipment

Real-time Estimate Cboe Europe Other stock markets 15:53:20 21/01/2025 GMT			5-day change	1st Jan Change
4,445.00 ^GBX	+0.29%		+9.11%	+4.80%

01-15	UK Stocks Cheers Inflation Surprise, Upbeat Trading Updates	MT
01-15	UK consumer price data brings "welcome respite"	AN

22449e05e22dd4.TbyBHrd99nEatUFQBZk61RKAflZ1ElA8g3cSBu2e65E.NerMX-I0vwNs4CcEPM1dkkr4PCY6cyZj8SJLMbnymN5_69l18SufOXOAFA

Published financial data: DIPLOMA PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	538M	787M	1.01B	1.2B	1.36B
Total Revenues	538M	787M	1.01B	1.2B	1.36B
Cost of Goods Sold, Total	344M	499M	638M	652M	730M
Gross Profit	194M	288M	374M	548M	633M
Selling General & Admin Expenses, Total	125M	174M	218M	210M	234M
Provision for Bad Debts	-	-	-	2.5M	-600K
Depreciation & Amortization - (IS)	-	-	-	27.6M	30.9M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	53.9M	60.7M
Other Operating Expenses	-	-	-	58.7M	85.5M
Other Operating Expenses, Total	125M	174M	218M	352M	411M
Operating Income	69.5M	114M	156M	196M	222M
Interest Expense, Total	-2.5M	-7.5M	-13.1M	-27.1M	-28.8M
Interest And Investment Income	100K	-	100K	1.2M	800K
Net Interest Expenses	-2.4M	-7.5M	-13M	-25.9M	-28M
Other Non Operating Income (Expenses)	-400K	-100K	-1.8M	-2.2M	-3.1M
EBT, Excl. Unusual Items	66.7M	106M	141M	168M	191M
Restructuring Charges	-	-	-1.3M	-	-
Merger & Related Restructuring Charges	-	-9.7M	-10.5M	-12.2M	-14.6M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	66.7M	96.6M	130M	156M	177M
Income Tax Expense	16.9M	26.9M	34.1M	37.3M	46.6M
Earnings From Continuing Operations	49.8M	69.7M	95.4M	118M	130M
Net Income to Company	49.8M	69.7M	95.4M	118M	130M
Minority Interest	-500K	100K	-700K	-600K	-700K
Net Income - (IS)	49.3M	69.8M	94.7M	118M	129M
Net Income to Common Incl Extra Items	49.3M	69.8M	94.7M	118M	129M
Net Income to Common Excl. Extra Items	49.3M	69.8M	94.7M	118M	129M
Per Share Items
Net EPS - Basic	0.43	0.56	0.76	0.91	0.96
Basic EPS - Continuing Operations	0.43	0.56	0.76	0.91	0.96
Basic Weighted Average Shares Outstanding	113M	124M	125M	130M	134M
Net EPS - Diluted	0.43	0.56	0.76	0.9	0.96
Diluted EPS - Continuing Operations	0.43	0.56	0.76	0.9	0.96
Diluted Weighted Average Shares Outstanding	113M	125M	125M	130M	134M
Normalized Basic EPS	0.36	0.53	0.7	0.8	0.89
Normalized Diluted EPS	0.36	0.53	0.7	0.8	0.88
Dividend Per Share	0.3	0.43	0.54	0.56	0.59
Payout Ratio	47.06	75.79	59.35	59.9	59.4
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	90.3M	138M	210M	263M	298M
EBITA	85.5M	129M	199M	250M	283M
EBIT	69.5M	114M	156M	196M	222M
EBITDAR	-	-	212M	264M	299M
Effective Tax Rate - (Ratio)	25.34	27.85	26.33	23.97	26.39
Current Domestic Taxes	3.6M	7.6M	9.8M	11.6M	15M
Current Foreign Taxes	15.7M	22M	30.9M	31.3M	40.5M
Total Current Taxes	19.3M	29.6M	40.7M	42.9M	55.5M
Deferred Domestic Taxes	-1.1M	-1.9M	-3.1M	-2.7M	-1.2M
Deferred Foreign Taxes	-1.3M	-800K	-3.5M	-2.9M	-7.7M
Total Deferred Taxes	-2.4M	-2.7M	-6.6M	-5.6M	-8.9M
Normalized Net Income	41.19M	66.54M	87.61M	104M	119M
Interest on Long-Term Debt	2.5M	2.9M	4.2M	8.9M	4.9M
Non-Cash Pension Expense	300K	100K	0	-400K	-300K
Supplemental Operating Expense Items
Selling and Marketing Expenses	14M	23.9M	25.9M	-	-
General and Administrative Expenses	111M	150M	190M	-	-
Net Rental Expense, Total	-	-	2M	1.7M	1.6M
Imputed Operating Lease Interest Expense	-	-	604K	881K	777K
Imputed Operating Lease Depreciation	-	-	1.4M	819K	823K
Stock-Based Comp., Other (Total)	800K	1.8M	2.8M	4.1M	7.1M
Total Stock-Based Compensation	800K	1.8M	2.8M	4.1M	7.1M

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	207M	24.8M	41.7M	62.4M	55.5M
Total Cash And Short Term Investments	207M	24.8M	41.7M	62.4M	55.5M
Accounts Receivable, Total	70.7M	109M	152M	175M	193M
Other Receivables	2.7M	3.6M	9.8M	9.3M	4.7M
Total Receivables	73.4M	113M	162M	184M	198M
Inventory	101M	140M	217M	233M	280M
Prepaid Expenses	4.4M	5M	8.3M	8.6M	8.8M
Other Current Assets, Total	-	11.3M	-	-	46.4M
Total Current Assets	385M	294M	429M	488M	589M
Gross Property Plant And Equipment	102M	131M	190M	226M	224M
Accumulated Depreciation	-42.7M	-50.7M	-77.6M	-95.8M	-94.5M
Net Property Plant And Equipment	59.5M	80.3M	112M	131M	129M
Long-term Investments	-	-	-	-	-
Goodwill	159M	261M	372M	439M	541M
Other Intangibles, Total	90.2M	348M	459M	524M	510M
Deferred Tax Assets Long-Term	700K	400K	200K	200K	900K
Other Long-Term Assets, Total	-	-	6.4M	6.8M	1.5M
Total Assets	695M	983M	1.38B	1.59B	1.77B
Liabilities
Accounts Payable, Total	45M	74.5M	96.4M	94.4M	204M
Accrued Expenses, Total	34.1M	43.5M	67.3M	65.7M	-
Short-term Borrowings	-	-	-	300K	-
Current Portion of Long-Term Debt	-	18M	30.5M	-	-
Current Portion of Leases	7.2M	9.7M	12.7M	15M	13.1M
Current Income Taxes Payable	4.7M	10M	11.8M	16.6M	22.9M
Unearned Revenue Current, Total	-	-	3.5M	-	-
Other Current Liabilities	19.5M	20.7M	41.3M	44.5M	30.8M
Total Current Liabilities	110M	176M	264M	236M	271M
Long-Term Debt	-	188M	340M	317M	480M
Long-Term Leases	26.5M	38.6M	56.4M	65.2M	59.2M
Pension & Other Post Retirement Benefits	18.3M	4.9M	-	300K	-
Deferred Tax Liability Non Current	8.6M	22.3M	38.4M	58.6M	49.5M
Other Non Current Liabilities	-	12M	12.4M	9.9M	17.7M
Total Liabilities	164M	442M	711M	687M	877M
Common Stock, Total	6.3M	6.3M	6.3M	6.8M	6.8M
Additional Paid In Capital	189M	189M	189M	420M	420M
Retained Earnings	304M	329M	375M	424M	478M
Comprehensive Income and Other	28M	12.3M	92M	44.2M	-17.2M
Total Common Equity	527M	536M	662M	896M	888M
Minority Interest	3.7M	4.7M	6.2M	6.4M	6.7M
Total Equity	531M	541M	668M	902M	895M
Total Liabilities And Equity	695M	983M	1.38B	1.59B	1.77B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	124M	125M	125M	134M	134M
ECS Total Common Shares Outstanding	124M	124M	125M	134M	134M
Book Value / Share	4.23	4.31	5.32	6.69	6.63
Tangible Book Value	278M	-72.7M	-169M	-67.8M	-164M
Tangible Book Value Per Share	2.23	-0.58	-1.36	-0.51	-1.22
Total Debt	33.7M	254M	440M	397M	552M
Net Debt	-173M	230M	398M	335M	497M
Debt Equivalent of Unfunded Proj. Benefit Obligation	12.7M	2.7M	-6.4M	-6.8M	-1.5M
Debt Equivalent Oper. Leases	-	-	16M	13.6M	12.8M
Minority Interest, Total (Incl. Fin. Div)	3.7M	4.7M	6.2M	6.4M	6.7M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	111M	156M	242M	259M	310M
Land - (BS)	2.7M	-	-	-	1.3M
Machinery, Total	44.1M	59.7M	80.9M	92.2M	89.1M
Full Time Employees	2.01K	2.5K	2.91K	3.32K	3.6K
Accumulated Allowance for Doubtful Accounts (Supple)	1.2M	3.6M	7.2M	10.1M	11.1M

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	49.3M	69.8M	94.7M	118M	129M
Depreciation & Amortization - CF	12.1M	20M	23.1M	27.6M	30.9M
Amortization of Goodwill and Intangible Assets - (CF)	16M	15.1M	43.2M	53.9M	60.7M
Depreciation & Amortization, Total	28.1M	35.1M	66.3M	81.5M	91.6M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-1M	-2.8M	-1.6M	-1.1M	-1.9M
Stock-Based Compensation (CF)	800K	1.8M	2.8M	4.1M	7.1M
Other Operating Activities, Total	-1.3M	24.8M	-8.5M	-8.8M	-19.5M
Change In Accounts Receivable	10.3M	-16.3M	-10.6M	-8.8M	-18.5M
Change In Inventories	1.6M	-13.5M	-35.6M	10.8M	-7.7M
Change In Accounts Payable	-2.4M	17.2M	17.5M	-6.2M	17.7M
Cash from Operations	85.4M	116M	125M	189M	198M
Capital Expenditure	-8.4M	-4.9M	-14.3M	-21.6M	-18.9M
Sale of Property, Plant, and Equipment	5.8M	4.8M	9.9M	1.5M	5.7M
Cash Acquisitions	-14.9M	-458M	-180M	-271M	-281M
Divestitures	800K	11M	13.7M	21.5M	-
Sale (Purchase) of Intangible assets	-1M	-1.3M	-1.1M	-1.5M	-800K
Cash from Investing	-17.7M	-448M	-172M	-271M	-295M
Long-Term Debt Issued, Total	-	215M	155M	580M	695M
Total Debt Issued	-	215M	155M	580M	695M
Long-Term Debt Repaid, Total	-49.7M	-21.9M	-30.9M	-631M	-525M
Total Debt Repaid	-49.7M	-21.9M	-30.9M	-631M	-525M
Issuance of Common Stock	194M	-	-	236M	-
Repurchase of Common Stock	-2.5M	-600K	-2.8M	-1.9M	-2.3M
Common Dividends Paid	-23.2M	-52.9M	-56.2M	-70.5M	-76.8M
Common & Preferred Stock Dividends Paid	-23.2M	-52.9M	-56.2M	-70.5M	-76.8M
Other Financing Activities, Total	-4.7M	-200K	-500K	-4.5M	-400K
Cash from Financing	114M	140M	64.4M	108M	90.3M
Foreign Exchange Rate Adjustments	-2.1M	10.6M	-600K	-5.1M	4.2M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-4.7M
Net Change in Cash	180M	-182M	16.9M	20.7M	-6.9M
Supplemental Items
Cash Interest Paid	-	-	-	26.7M	-
Cash Income Tax Paid (Refund)	21.5M	24.2M	40.6M	41.4M	58.4M
Levered Free Cash Flow	72.08M	52.1M	96.28M	130M	129M
Unlevered Free Cash Flow	73.64M	56.79M	104M	147M	147M
Change In Net Working Capital	-10.7M	45.1M	46.8M	37.6M	70.7M
Net Debt Issued / Repaid	-49.7M	193M	124M	-51.7M	170M

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.26	8.48	8.26	8.25	8.27
Return on Total Capital	9.33	10.47	10.25	10.17	10.12
Return On Equity %	11.64	13.01	15.78	15.07	14.47
Return on Common Equity	11.62	13.13	15.81	15.11	14.5
Margin Analysis
Gross Profit Margin %	36.11	36.63	36.98	45.67	46.45
SG&A Margin	23.2	22.16	21.56	17.46	17.2
EBITDA Margin %	16.77	17.55	20.7	21.88	21.83
EBITA Margin %	15.88	16.38	19.68	20.81	20.76
EBIT Margin %	12.91	14.47	15.41	16.32	16.3
Income From Continuing Operations Margin %	9.25	8.85	9.42	9.86	9.53
Net Income Margin %	9.16	8.86	9.35	9.81	9.48
Net Avail. For Common Margin %	9.16	8.86	9.35	9.81	9.48
Normalized Net Income Margin	7.65	8.45	8.65	8.69	8.71
Levered Free Cash Flow Margin	13.39	6.62	9.51	10.86	9.48
Unlevered Free Cash Flow Margin	13.68	7.21	10.31	12.28	10.8
Asset Turnover
Asset Turnover	0.9	0.94	0.86	0.81	0.81
Fixed Assets Turnover	12.49	11.26	10.53	9.89	10.49
Receivables Turnover (Average Receivables)	7.04	8.75	7.76	7.34	7.4
Inventory Turnover (Average Inventory)	3.39	4.15	3.57	2.9	2.85
Short Term Liquidity
Current Ratio	3.49	1.66	1.63	2.06	2.17
Quick Ratio	2.54	0.78	0.77	1.04	0.94
Operating Cash Flow to Current Liabilities	0.77	0.66	0.47	0.8	0.73
Days Sales Outstanding (Average Receivables)	52	41.7	47.03	49.7	49.47
Days Outstanding Inventory (Average Inventory)	108.1	87.92	102.13	125.97	128.53
Average Days Payable Outstanding	52.97	40.52	43.57	52.17	70.33
Cash Conversion Cycle (Average Days)	107.13	89.1	105.59	123.5	107.68
Long Term Solvency
Total Debt/Equity	6.35	47.04	65.8	44.05	61.71
Total Debt / Total Capital	5.97	31.99	39.69	30.58	38.16
LT Debt/Equity	4.99	41.92	59.34	42.35	60.24
Long-Term Debt / Total Capital	4.7	28.51	35.79	29.4	37.25
Total Liabilities / Total Assets	23.6	44.99	51.54	43.25	49.51
EBIT / Interest Expense	27.8	15.19	11.92	7.23	7.72
EBITDA / Interest Expense	39.04	19.87	16.98	10.24	10.9
(EBITDA - Capex) / Interest Expense	35.68	19.21	15.89	9.44	10.24
Total Debt / EBITDA	0.35	1.71	1.98	1.43	1.76
Net Debt / EBITDA	-1.77	1.54	1.79	1.21	1.58
Total Debt / (EBITDA - Capex)	0.38	1.77	2.11	1.55	1.87
Net Debt / (EBITDA - Capex)	-1.94	1.59	1.91	1.31	1.68
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.16	46.25	28.63	18.51	13.59
Gross Profit, 1 Yr. Growth %	-1.32	48.35	29.85	21.42	15.52
EBITDA, 1 Yr. Growth %	-10.51	49.89	33.65	26.01	13.33
EBITA, 1 Yr. Growth %	-10.94	47.6	34.94	26.16	13.29
EBIT, 1 Yr. Growth %	-17.16	59.52	37.05	26.55	13.48
Earnings From Cont. Operations, 1 Yr. Growth %	-20.19	39.96	36.87	24	9.89
Net Income, 1 Yr. Growth %