Bloomsbury Publishing Plc (BMY:LN)

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Business Description and Key Statistics

Bloomsbury Publishing is an independent publisher primarily Current YTY % Chg involved in the publication of books and other related services. Co. operates through two divisions Consumer and Non-Consumer. The Revenue LFY (M) 185 13.7 Consumer Division publishes books for both adult and child EPS Diluted LFY 0.17 20.7 readers. This division publishes fiction, non-fiction and cookery titles on its Adult Trade list, and fiction, non-fiction, picture books, Market Value (M) 286 pre-school titles and activity books titles on its Children's Trade list. The Non-Consumer Division produces a portfolio of scholarly and Shares Outstanding LFY (000) 81,609 B2B digital resources sold direct to institutions, schools and Book Value Per Share 2.06 companies worldwide; and publishes a print and e-book program. EBITDA Margin % 13.90

Net Margin % 7.0 Website: www.bloomsbury.com Long-Term Debt / Capital % 0.0 ICB Industry: Consumer Discretionary Dividends and Yield TTM 0.01 - 0.36% ICB Subsector: Publishing Payout Ratio TTM % 7.7 Address: 50 Bedford Square London 60-Day Average Volume (000) 104 GBR 52-Week High & Low 401.00 - 190.50 Employees: 719 Price / 52-Week High & Low 0.88 - 1.84

Price, Moving Averages & Volume

411.5 411.5 Bloomsbury Publishing Plc is currently trading at 351.00 which is 0.6% below its 50 day 382.6 382.6 moving average price of 353.26 and 11.6% above its 353.6 353.6 200 day moving average price of 314.60.

324.7 324.7 BMY:LN is currently 12.5% below its 52-week high price of 401.00 and is 84.3% above its 295.8 295.8 52-week low price of 190.50. Over the past 52-weeks, 266.8 266.8 BMY:LN is up 75.5% while on a calendar year-to-date basis it is up 19.4%. 237.9 237.9 The Relative Strength Index (RSI) indicator for BMY:LN is 208.9 208.9 currently 51.46. An RSI value of 70 and above is considered 180.0 180.0 overbought and 30 and below 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 oversold. Volume (000) 1,335 1,335

1,001 1,001

668 668

334 334 Mean (126.99) 0 0 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21

Price Price (50-Day Simple Moving Average) Price (200-Day Simple Moving Average)

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Price Performance, Technical Indicators & Risk Metrics

Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % -1.40 -0.92 50-Day Average Price 353.26 1-Week % 0.29 0.03 Price / 50-Day Average 0.99 4-Week % 2.93 4.35 200-Day Average Price 314.60 52-Week % 75.50 51.15 Price / 200-Day Average 1.12 RSI - Relative Strength Index 51.46 Quarter-to-Date % 0.86 -0.27

Year-to-Date % 19.39 9.17 Risk Metrics Last Month % -2.22 -4.14 Price Volatility 8.03 Last Quarter % 21.68 17.01 Sharpe Ratio 0.19 Last Calendar Year % 1.38 14.37 Sortino Ratio 0.41

5-Year Price Performance vs. FTSE 350

Bloomsbury Publishing Plc Current: 2.28 CAGR: 18.0% Over the past five years, FTSE 350 Index Current: 1.18 CAGR: 3.4% Bloomsbury Publishing Plc's stock price is up 127.9% which 2.5 2.5 is 109.5% above the FTSE 350 Index performance of 18.4% over the same period. 2.4 2.4 Bloomsbury Publishing Plc's cumulative annualized growth BMY:LN 2.2 2.2 rate (CAGR) over the five year period has been 18.0% while that of the FTSE 350 Index 2.1 2.1 has been 3.4%.

Over the past year, 2.0 2.0 Bloomsbury Publishing Plc's stock price performance of 1.8 1.8 75.5% has outperformed that of the FTSE 350 Index by 51.2%. On a year-to-date 1.7 1.7 basis, Bloomsbury Publishing Plc's stock price performance 1.5 1.5 of 19.4% has outperformed the FTSE 350 Index by 9.2%.

1.4 1.4 Over the past week, Bloomsbury Publishing Plc's stock price performance of 1.2 1.2 ^NMX:LN 0.3% has outperformed that of the FTSE 350 Index by 0.0%. 1.1 1.1

0.9 0.9

0.8 0.8 2017 2018 2019 2020 2021 2022

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Growth and Profitability Metrics

5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % 4.7 8.4 6.0 Gross Margin % 53.8 53.3 55.0 Revenues Per Share % 3.6 7.4 5.5 EBITDA Margin % 13.9 11.1 11.5 EBITDA % 17.2 11.4 16.3 Pre-Tax Margin % 9.4 7.7 8.2 EPS Diluted % 11.5 5.3 18.7 Net Margin % 7.0 5.9 6.4 Free Cash Flow % 8.7 37.6 11.9 Return on Equity % 8.3 6.8 6.5 Cash from Operations % 9.9 38.0 11.9 Return on Capital % 8.4 6.8 6.5 Book Value % 3.6 3.1 3.1 Return on Assets % 5.5 4.7 4.7

Revenue (M) Bloomsbury Publishing Plc's cumulative annualized revenue Current: 185.14 Median: 162.68 High: 185.14 Low: 142.56 CAGR: 6.7% growth rate over the charted 193.7 193.7 185.1 period is 6.7%. This compares to cumulatative annualized 175.9 175.9 growth of 4.7% over the past 3 161.5 162.7 162.8 years. 158.2 158.2 142.6 140.4 140.4 2016 2017 2018 2019 2020 2021 Bloomsbury Publishing Plc's EPS Diluted cumulative annualized EPS Current: 0.17 Median: 0.12 High: 0.17 Low: 0.10 CAGR: 14.2% growth rate over the charted 0.184 0.184 period is 14.2%. This 0.170 compares to cumulatative 0.155 0.155 annualized growth of 11.5% 0.140 over the past 3 years. 0.126 0.120 0.120 0.126 0.100 0.097 0.097 2016 2017 2018 2019 2020 2021

Net Profit Margin % Bloomsbury Publishing Plc's net profit margin of 7.0% is Current: 6.98 Median: 5.72 High: 6.98 Low: 5.16 CAGR: 4.6% 1.0% above the period's mean 7.1 7.1 net margin of 5.9%. During the charted period, the 6.4 6.4 observed net profit margin Mean (5.93) high and low were 7.0% and 5.7 5.7 5.2% respectively.

5.1 5.1 2016 2017 2018 2019 2020 2021 Bloomsbury Publishing Plc's Return on Equity % return on equity of 8.3% is Current: 8.30 Median: 6.60 High: 8.30 Low: 5.50 CAGR: 7.9% 1.5% above the period's mean 8.4 8.4 return on equity of 6.8%. During the charted period, the 7.4 7.4 observed ROE high and low Mean (6.76) were 8.3% and 5.5% respectively. 6.4 6.4

5.4 5.4 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Valuation Metrics

5-Year 10-Year 5-Year 10-Year Current Median Median Current Median Median

Price / EPS TTM 21.0 17.4 16.2 Earnings Yield % 4.63 5.83 6.17

Price / Sales 1.5 1.0 1.0 Free Cash Flow Yield % 9.11 10.48 8.52

Price / Operating Cash Flow 13.1 10.9 10.7 Dividend Yield % 0.36 3.41 3.62

Price / Book Value 1.7 1.1 1.0 Enterprise Value / EBITDA 9.0 8.1 7.9

Price / EPS TTM Bloomsbury Publishing Plc is trading at 21.01 times its EPS Current: 21.01 Median: 17.35 High: 22.74 Low: 12.68 CAGR: 9.2% generated during the latest 23.2 23.2 fiscal year. This multiple is above the historically observed 19.6 19.6 median of 17.35, while high Median (17.35) and low observations have been 22.74 and 12.68. 15.9 15.9

12.2 12.2 2016 2017 2018 2019 2020 2021 Price / Sales Bloomsbury Publishing Plc is trading at a Price to Sales ratio Current: 1.47 Median: 1.02 High: 1.59 Low: 0.77 CAGR: 11.4% of 1.47 based on sales 1.63 1.63 generated during the latest fiscal year. This ratio is above 1.33 1.33 the historically observed median ratio of 1.02, while high and low observations 1.03 Median (1.02) 1.03 have been 1.59 and 0.77.

0.73 0.73 2016 2017 2018 2019 2020 2021 Bloomsbury Publishing Plc is Price / Book Value trading at a Price to Book ratio Current: 1.70 Median: 1.13 High: 1.84 Low: 0.84 CAGR: 14.4% of 1.70 based on book value at 1.9 1.9 the latest fiscal year end. This ratio is above the historically observed median of 1.13, 1.5 1.5 while high and low observations have been 1.84 1.2 Median (1.13) 1.2 and 0.84.

0.8 0.8 2016 2017 2018 2019 2020 2021 Bloomsbury Publishing Plc has Free Cash Flow Yield % a Free Cash Flow Yield of Current: 9.11 Median: 10.48 High: 15.64 Low: 7.10 CAGR: -2.1% 9.11% based on free cash flow 16.1 16.1 generated during the latest fiscal year. This value is below the historically observed 12.9 12.9 median yield of 10.48%, while Median (10.48) high and low observations 9.8 9.8 have been 15.64 and 7.10.

6.7 6.7 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Dividends Data

Dividends Per Share TTM 0.01 Payout Ratio TTM % 7.66% Dividend Yield TTM % 0.36%

Rate Ex Date Record Date Payment Date Currency Note 0.013 05-11-2020 06-11-2020 04-12-2020 GBP INTERIM GROSS 0.013 07-11-2019 08-11-2019 06-12-2019 GBP INTERIM GROSS 0.068 25-07-2019 26-07-2019 23-08-2019 GBP FINAL GROSS 0.012 01-11-2018 02-11-2018 29-11-2018 GBP INTERIM GROSS 0.064 26-07-2018 27-07-2018 24-08-2018 GBP FINAL GROSS 0.012 02-11-2017 03-11-2017 30-11-2017 GBP INTERIM GROSS 0.056 24-08-2017 25-08-2017 20-09-2017 GBP FINAL GROSS 0.011 03-11-2016 04-11-2016 30-11-2016 GBP INTERIM GROSS 0.053 25-08-2016 26-08-2016 21-09-2016 GBP FINAL GROSS 0.011 05-11-2015 06-11-2015 30-11-2015 GBP INTERIM NET

Dividend Growth and Yield

Dividends Per Share TTM Bloomsbury Publishing Plc's trailing 12-month dividend per Current: 0.01 Median: 0.07 High: 0.08 Low: 0.01 CAGR: -31.4% share is 0.01 and its dividend 0.084 0.084 has grown at a cumulative annualized rate of -31.4% over 0.071 0.071 the charted period. This compares to dividend growth 0.058 0.058 of 0.00% over the past year and cumulative annualized growth of -44.60% over the 0.045 0.045 past 3 years.

0.032 0.032

0.019 0.019

0.007 0.007 2016 2017 2018 2019 2020 2021

Dividend Yield TTM % Bloomsbury Publishing Plc's current dividend yield is 0.36% Current: 0.36 Median: 3.41 High: 4.30 Low: 0.34 CAGR: -38.8% based on trailing 12 month 4.50 4.50 dividends. The current yield is below the historically observed 3.77 3.77 median of 3.41% and, over the charted time period, the 3.05 3.05 observed high yield has been 4.30% and the observed low yield has been 0.34%. 2.32 2.32

1.59 1.59

0.87 0.87

0.14 0.14 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 ICB Subsector Peer Comparisons

Price Change Year to Date % Price Change Last Calendar Year % 0.0 42.2 84.3 126.5 168.7 -83.1 -59.5 -36.0 -12.5 11.1

Reach PLC 160.8 Pearson Plc 6.8

Time Out Group PLC 64.8 GlobalData PLC 5.8

Daily Mail & General Trust PLC 48.5 Reach PLC 5.3

Peer Group Average 46.4 Bloomsbury Publishing Plc 1.4

Wilmington Group Plc 43.6 RELX PLC -5.9

RELX PLC 22.5 Daily Mail & General Trust PLC -10.1

Bloomsbury Publishing Plc 19.4 Peer Group Average -12.9

GlobalData PLC 8.1 Wilmington Group Plc -35.7

Pearson Plc 3.5 Time Out Group PLC -71.0

0.0 42.2 84.3 126.5 168.7 -83.1 -59.5 -36.0 -12.5 11.1

Price / EPS TTM Price / Book Value 0.0 26.1 52.2 78.3 104.4 0.0 5.3 10.5 15.8 21.1

Time Out Group PLC 99.9 RELX PLC 20.1 Il Sole 24 Ore SpA 99.9 GlobalData PLC 12.7 Reach PLC 99.9 Merit Group plc 9.0 Merit Group plc 99.9 Peer Group Average 5.3 GlobalData PLC 81.5 Wilmington Group Plc 4.6 Peer Group Average 56.5 Rizzoli Corriere della Sera MediaGroup… 2.3 Wilmington Group Plc 43.5 Daily Mail & General Trust PLC 2.2 RELX PLC 34.7 Reach PLC 2.1 Bloomsbury Publishing Plc 21.0 Bloomsbury Publishing Plc 1.7 Pearson Plc 17.2 Pearson Plc 1.3 Daily Mail & General Trust PLC 13.6 Time Out Group PLC 1.1 Rizzoli Corriere della Sera MediaGroup… 10.5 Il Sole 24 Ore SpA 1.0 0.0 26.1 52.2 78.3 104.4 0.0 5.3 10.5 15.8 21.1

EPS 5-Year Growth Rate % Revenue 5-Year Growth Rate % -270.5 62.2 395.0 727.7 1,060.4 -13.2 -3.4 6.4 16.2 26.0

GlobalData PLC 999.9 GlobalData PLC 24.2

Rizzoli Corriere della Sera MediaGroup… 999.9 Merit Group plc 8.7 Peer Group Average 218.7 Bloomsbury Publishing Plc 8.4 Merit Group plc 70.5 Wilmington Group Plc 3.5 RELX PLC 12.3 Peer Group Average 3.2 Daily Mail & General Trust PLC 6.6 Reach PLC 0.3 Bloomsbury Publishing Plc 5.3 Pearson Plc -5.3 Wilmington Group Plc -9.8

Pearson Plc -16.5 Rizzoli Corriere della Sera MediaGroup… -6.3

Reach PLC -100.0 Daily Mail & General Trust PLC -8.2

-270.5 62.2 395.0 727.7 1,060.4 -13.2 -3.4 6.4 16.2 26.0

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021 Abbreviations: CAGR - Cumulative annual growth rate. EBIT - Earnings before interest and taxes. EBITDA - Earnings before interest, taxes, depreciation & amortization. LFY - Last fiscal year M - Million LON - London Stock Exchange

Definitions: Market Value - Weekly Price times latest Shares Outstanding times any applicable ADR factor. Revenue - Sum of the last four quarters of Revenues. Revenue Per Share - Sum of the last four quarters of Total Revenue divided by Weighted Average Shares Outstanding. Operating EPS LFY - EPS excluding non-recurring, non-operating items, fiscal year aligned TTM value. 60-Day Average Volume (000) - The average of the last 60 daily volume values in thousands of shares. Price 52-Week High - The high closing price from the last 52 weeks of daily closing prices. Price 52-Week Low - The low closing price from the last 52 weeks of daily closing prices. Price / 52-Week High - Latest price divided by the high price from the past 52 weeks of daily closing prices. Price / 52-Week Low - Latest price divided by the low price from the past 52 weeks of daily closing prices. 50-Day Average Price - Mean of last 50 daily closing prices. 200-Day Average Price - Mean of last 200 daily closing prices. Price / 50-Day Average Price - Latest closing price divided by mean of last 50 daily closing prices, as a percentage. Price / 200-Day Average Price - Latest closing price divided by mean of last 200 daily closing prices, as a percentage. Relative Strength Index - Relative Strength Index or RSI measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods. In this item, 14 days is used and one year of daily prices are considered. A value of 30 or below may imply oversold and 70 or above may imply overbought. Price Volatility - The standard deviation of the last 20 days of daily closing prices. Sharpe Ratio - The 5 year average of the excess monthly return over the risk - free rate(1 - month T - bill) over the 5 year standard deviation of the same series. Sortino Ratio - The same calculation as the Sharpe Ratio but with positive excess returns set to zero for the standard deviation denominator, so only negative volatility weighs in. Dividends Per Share TTM - Sum of the last four quarters of Dividends Per Share. Payout Ratio - Dividends Per Share TTM divided by Operating EPS TTM. Dividend Yield TTM % - Sum of the last four quarter of Dividends Per Share divided by Weekly Price. EBITDA - Sum of the last four quarters of EBITDA (Operating Income + Depreciation & Amortization). Free Cash Flow - Sum of the last four quarters Net Cash from Operations minus Capital Expenditures (Purchase of Property, Plant & Equipment), from the Cash Flow Statement. Book Value Per Share - Total Common Equity last quarter divided by Shares Outstanding last quarter. Gross Margin % - Sum of the last four quarters Gross Profit divided by the sum of the last four quarters Revenues. EBITDA Margin % - Sum of the last four quarters EBITDA divided by the sum of the last four quarters Revenues. Pre-Tax Margin % - Sum of the last four quarters of Earnings Before Taxes divided by sum of the last four quarters Revenues. Net Profit Margin % - Sum of the last four quarters of Operating EPS divided by sum of the last four quarters Revenues Per Share. Return on Equity % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Book Value. Return on Capital % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Capital Per Share. Return on Assets % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Assets Per Share. Price / EPS TTM - Weekly Price divided by the sum of the last four quarters of Operating EPS (capped at 99.9). Price / Sales - Weekly Price divided by Revenues Per Share TTM. Price / Book Value - Weekly Price divided by Book Value Per Share last quarter. Book Value Per Share is Total Common Equity last quarter divided by Shares Outstanding last quarter (capped at 49.9). Free Cash Flow Yield % - Free Cash Flow Per Share TTM divided by Weekly Price. Enterprise Value - Market Value plus Total Debt last year plus Preferred Equity last year minus Cash & Cash Equivalents last year. Enterprise Value / Sales - Enterprise Value divided by the sum of the last four quarters of Revenue. Enterprise Value / EBITDA - Enterprise Value divided by EBITDA TTM. Enterprise Value / EBIT - Enterprise Value divided by trailing four quarters of Operating Income. Enterprise Value / Free Cash Flow- Enterprise Value divided by the sum of the last four quarters of Free Cash Flow. Russell 1000 Index - The largest 1,000 stocks by market cap, the index comprehensively covers the US large cap universe. EPS 5-Year Growth Rate % is capped at 999.9%. Revenue 5-Year Growth Rate % is capped at 999.9%.

Consumer Discretionary/Publishing Price: 351.00 GBX Report Date: September 24, 2021

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