MITIE Group PLC (MTO:LN)

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 Business Description and Key Statistics

MITIE Group is a holding company. Through its subsidiaries, Co. is Current YTY % Chg engaged in the provision of strategic outsourcing services. Co.'s Technical Services division provides public and private sector Revenue LFY (M) 2,174 -2.1 customers with a range of project and maintenance services. The EPS Diluted LFY 0.24 187.1 division incorporates a range of primary engineering, maintenance, repair and project services, energy and carbon management Market Value (M) 253 services and water and real estate services. Co's Specialist Services incorporates several specialized services, including Shares Outstanding LFY (000) 365,956 Mitie's Care & Custody, Waste Management and Landscapes Book Value Per Share 0.22 businesses. Care & Custody provides critical public services in immigration, criminal justice and healthcare. EBITDA Margin % 5.10 Net Margin % 4.1 Website: www.mitie.com Long-Term Debt / Capital % 78.6 ICB Industry: Industrials Dividends and Yield TTM 0.00 - 0.00% ICB Subsector: Professional Business Support Services Payout Ratio TTM % 16.4 Address: The Shard;Leval 12;32 London Bridge Street London 60-Day Average Volume (000) 1,664 GBR 52-Week High & Low 77.30 - 27.25 Employees: 47,500 Price / 52-Week High & Low 0.89 - 2.53

Price, Moving Averages & Volume

85.5 85.5 MITIE Group PLC is currently trading at 69.00 which is 0.8% below its 50 day moving 77.9 77.9 average price of 69.53 and 13.3% above its 200 day 70.2 70.2 moving average price of 60.92. MTO:LN is currently 10.7% 62.6 62.6 below its 52-week high price of 77.30 and is 153.2% above its 52-week low price of 27.25. 55.0 55.0 Over the past 52-weeks, MTO:LN is up 108.1% while 47.4 47.4 on a calendar year-to-date basis it is up 68.3%.

39.7 39.7 The Relative Strength Index (RSI) indicator for MTO:LN is currently 43.69. An RSI value 32.1 32.1 of 70 and above is considered overbought and 30 and below 24.5 24.5 oversold. 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 Volume (000) 42,052 42,052

31,539 31,539

21,026 21,026

10,513 10,513

Mean (1941.76) 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)

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 Price Performance, Technical Indicators & Risk Metrics

Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % -0.58 -1.53 50-Day Average Price 69.53 1-Week % -0.58 -1.70 Price / 50-Day Average 0.99 4-Week % -10.74 -9.88 200-Day Average Price 60.92 52-Week % 108.14 85.19 Price / 200-Day Average 1.13 RSI - Relative Strength Index 43.69 Quarter-to-Date % 1.47 0.99

Year-to-Date % 68.29 57.74 Risk Metrics Last Month % 19.87 17.95 Price Volatility 1.67 Last Quarter % 8.11 3.44 Sharpe Ratio -0.02 Last Calendar Year % -71.72 -58.73 Sortino Ratio -0.02

5-Year Price Performance vs. FTSE 350

MITIE Group PLC Current: 0.36 CAGR: -18.8% Over the past five years, MITIE FTSE 350 Index Current: 1.20 CAGR: 3.8% Group PLC's stock price is down 64.5% which is 84.7% 1.6 1.6 below the FTSE 350 Index performance of 20.2% over the same period. MITIE Group 1.4 1.4 PLC's cumulative annualized growth rate (CAGR) over the 1.3 1.3 five year period has been -18.8% while that of the FTSE 350 Index has been 3.8%. 1.2 ^NMX:LN 1.2 Over the past year, MITIE Group PLC's stock price 1.1 1.1 performance of 108.1% has outperformed that of the FTSE 0.9 0.9 350 Index by 85.2%. On a year-to-date basis, MITIE Group PLC's stock price 0.8 0.8 performance of 68.3% has outperformed the FTSE 350 0.7 0.7 Index by 57.7%. Over the past week, MITIE 0.6 0.6 Group PLC's stock price performance of -0.6% has underperformed that of the 0.4 0.4 FTSE 350 Index by 1.7%. MTO:LN 0.3 0.3

0.2 0.2

0.1 0.1 2017 2018 2019 2020 2021 2022

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 Growth and Profitability Metrics

5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % 0.7 -0.9 2.4 Gross Margin % 13.2 12.9 14.0 Revenues Per Share % 0.1 -0.6 1.3 EBITDA Margin % 5.1 2.2 4.0 EBITDA % 999.9 4.5 0.7 Pre-Tax Margin % 2.2 0.0 1.9 EPS Diluted % 999.9 20.8 3.9 Net Margin % 4.1 -1.3 0.8 Free Cash Flow % -27.6 -6.5 -2.9 Return on Equity % 100.0 16.7 14.7 Cash from Operations % -25.9 -9.5 -3.6 Return on Capital % 35.1 -7.0 1.6 Book Value % -2.5 -26.1 -14.1 Return on Assets % 8.9 -2.0 1.7

Revenue (M) MITIE Group PLC's cumulative annualized revenue growth Current: 2173.70 Median: 2188.70 High: 2221.40 Low: 2126.30 CAGR: 0.7% rate over the charted period is 2,240.4 2,240.4 2,221.4 0.7%. This compares to 2,203.7 cumulatative annualized 2,200.8 2,200.8 growth of 0.7% over the past 3 2,173.7 years. 2,161.2 2,161.2 2,126.3 2,121.5 2,121.5 2017 2018 2019 2020 2021 MITIE Group PLC's cumulative EPS Diluted annualized EPS growth rate Current: 0.24 Median: 0.00 High: 0.24 Low: -0.60 CAGR: 0.1% over the charted period is 0.41 0.41 0.1%. This compares to 0.24 cumulatative annualized 0.08 0.06 0.06 growth of 999.9% over the -0.08 past 3 years. -0.29 -0.29 -0.52 -0.64 -0.64 2016 2017 2018 2019 2020 2021

Net Profit Margin % MITIE Group PLC's net profit margin of 4.1% is 5.3% above Current: 4.10 Median: -0.25 High: 4.10 Low: -8.75 CAGR: 1.2% the period's mean net margin 4.7 4.7 of -1.2%. During the charted period, the observed net profit 0.0 Mean (-1.18) 0.0 margin high and low were 4.1% and -8.7% respectively. -4.7 -4.7

-9.4 -9.4 2016 2017 2018 2019 2020 2021 MITIE Group PLC's return on Return on Equity % equity of 100.0% is 81.0% Current: 100.00 Median: 8.85 High: 100.00 Low: -78.80 CAGR: 23.8% above the period's mean 108.9 108.9 return on equity of 19.0%. During the charted period, the 43.4 43.4 observed ROE high and low Mean (18.96) were 100.0% and -78.8% respectively. -22.2 -22.2

-87.7 -87.7 2016 2017 2018 2019 2020 2021

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 Valuation Metrics

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

Price / EPS TTM 2.8 21.9 22.5 Earnings Yield % 73.27 -2.17 4.10

Price / Sales 0.1 0.2 0.4 Free Cash Flow Yield % 16.60 7.86 6.16

Price / Operating Cash Flow 1.9 10.6 12.6 Dividend Yield % 0.00 2.72 3.41

Price / Book Value 3.1 9.9 2.9 Enterprise Value / EBITDA 4.0 10.0 11.1

Price / EPS TTM MITIE Group PLC is trading at 2.83 times its EPS generated Current: 2.83 Median: 18.48 High: 99.90 Low: 1.16 CAGR: -51.1% during the latest fiscal year. 104.8 104.8 This multiple is below the historically observed median 68.6 68.6 of 18.48, while high and low observations have been 99.90 and 1.16. 32.4 32.4 Median (18.48)

-3.8 -3.8 2016 2017 2018 2019 2020 2021 Price / Sales MITIE Group PLC is trading at a Price to Sales ratio of 0.12 Current: 0.12 Median: 0.24 High: 0.49 Low: 0.05 CAGR: -17.9% based on sales generated 0.51 0.51 during the latest fiscal year. This ratio is below the 0.35 0.35 historically observed median ratio of 0.24, while high and Median (0.24) low observations have been 0.19 0.19 0.49 and 0.05.

0.03 0.03 2016 2017 2018 2019 2020 2021 MITIE Group PLC is trading at Price / Book Value a Price to Book ratio of 3.14 Current: 3.14 Median: 9.93 High: 49.90 Low: 1.28 CAGR: 12.5% based on book value at the 52.3 52.3 latest fiscal year end. This ratio is below the historically observed median of 9.93, 34.5 34.5 while high and low observations have been 49.90 16.7 16.7 and 1.28. Median (9.93)

-1.2 -1.2 2016 2017 2018 2019 2020 2021 MITIE Group PLC has a Free Free Cash Flow Yield % Cash Flow Yield of 16.60% Current: 16.60 Median: 7.85 High: 40.62 Low: 0.00 CAGR: 5.6% based on free cash flow 42.7 42.7 generated during the latest fiscal year. This value is above the historically observed 27.8 27.8 median yield of 7.85%, while high and low observations 12.9 12.9 have been 40.62 and 0.00. Median (7.85)

-2.0 -2.0 2016 2017 2018 2019 2020 2021

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 Dividends Data

Dividends Per Share TTM 0.00 Payout Ratio TTM % 16.39% Dividend Yield TTM % 0.00%

Rate Ex Date Record Date Payment Date Currency Note 0.013 19-12-2019 20-12-2019 04-02-2020 GBP INTERIM GROSS 0.027 27-06-2019 28-06-2019 09-08-2019 GBP FINAL GROSS 0.013 20-12-2018 21-12-2018 12-02-2019 GBP INTERIM GROSS 0.027 21-06-2018 22-06-2018 06-08-2018 GBP NOW TO BE PAID AS AN INTERIM GROSS 0.013 21-12-2017 22-12-2017 07-02-2018 GBP INTERIM GROSS 0.040 15-12-2016 16-12-2016 01-02-2017 GBP INTERIM GROSS 0.067 23-06-2016 24-06-2016 04-08-2016 GBP FINAL GROSS 0.054 17-12-2015 18-12-2015 01-02-2016 GBP INTERIM NET

Dividend Growth and Yield

Dividends Per Share TTM MITIE Group PLC's trailing 12- month dividend per share is Current: 0.00 Median: 0.04 High: 0.11 Low: 0.00 CAGR: 0.0% 0.00 and its dividend has 0.12 0.12 grown at a cumulative annualized rate of 0.0% over 0.10 0.10 the charted period. This compares to dividend growth 0.08 0.08 of -100.00% over the past year and cumulative annualized growth of -100.00% over the 0.06 0.06 past 3 years.

0.03 0.03

0.01 0.01

-0.01 -0.01 2016 2017 2018 2019 2020 2021

Dividend Yield TTM % MITIE Group PLC's current dividend yield is 0.00% based Current: 0.00 Median: 2.72 High: 6.44 Low: 0.00 CAGR: 0.0% on trailing 12 month 6.76 6.76 dividends. The current yield is below the historically observed 5.58 5.58 median of 2.72% and, over the charted time period, the 4.40 4.40 observed high yield has been 6.44% and the observed low yield has been 0.00%. 3.22 3.22

2.04 2.04

0.86 0.86

-0.32 -0.32 2016 2017 2018 2019 2020 2021

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021 ICB Subsector Peer Comparisons

Price Change Year to Date % Price Change Last Calendar Year % -27.0 -2.0 22.9 47.9 72.8 -84.8 -59.3 -33.8 -8.4 17.1

MITIE Group PLC 68.3 Rentokil Initial Plc 12.5

CPPGroup Plc 50.2 Experian Plc 8.8 Inchcape PLC 28.6 Intertek Group Plc -3.5 Peer Group Average 19.8 Inchcape PLC -8.8 RWS Holdings Plc 17.4 RWS Holdings Plc -12.0 Rentokil Initial Plc 14.8 Peer Group Average -15.3 Serco Group Plc 13.8 IWG PLC -21.2 Experian Plc 11.9

Intertek Group Plc -12.8 Serco Group Plc -26.2

IWG PLC -14.2 MITIE Group PLC -71.7

-27.0 -2.0 22.9 47.9 72.8 -84.8 -59.3 -33.8 -8.4 17.1

Price / EPS TTM Price / Book Value 0.0 26.2 52.4 78.6 104.8 0.0 13.1 26.2 39.2 52.3

NRC Group ASA 99.9 CPPGroup Plc 49.9 CPPGroup Plc 99.9 Experian Plc 12.7 Inchcape PLC 99.9 Rentokil Initial Plc 10.8 IWG PLC 99.9 Peer Group Average 9.4 Peer Group Average 54.2 Intertek Group Plc 8.1 Experian Plc 48.8 IWG PLC 5.8 Rentokil Initial Plc 38.4 RWS Holdings Plc 4.2 RWS Holdings Plc 37.3 MITIE Group PLC 3.1 Intertek Group Plc 32.3 Inchcape PLC 3.1 DKSH Holding Ltd 24.3 Serco Group Plc 2.3 Serco Group Plc 12.8 DKSH Holding Ltd 2.2 MITIE Group PLC 2.8 NRC Group ASA 1.5 0.0 26.2 52.4 78.6 104.8 0.0 13.1 26.2 39.2 52.3

EPS 5-Year Growth Rate % Revenue 5-Year Growth Rate % -270.5 62.2 395.0 727.7 1,060.4 -8.5 6.3 21.1 35.8 50.6

Serco Group Plc 999.9 NRC Group ASA 47.9 Intertek Group Plc 999.9 RWS Holdings Plc 30.2 Peer Group Average 162.5 Peer Group Average 11.1 CPPGroup Plc 49.7 Rentokil Initial Plc 9.3 MITIE Group PLC 20.8 IWG PLC 5.2 RWS Holdings Plc 18.3 CPPGroup Plc 4.9 Experian Plc 3.2 Intertek Group Plc 4.8 Rentokil Initial Plc 1.2 Experian Plc 4.3 DKSH Holding Ltd -5.1 NRC Group ASA -100.0 Serco Group Plc 4.1 Inchcape PLC -100.0 DKSH Holding Ltd 1.2 IWG PLC -100.0 MITIE Group PLC -0.9 -270.5 62.2 395.0 727.7 1,060.4 -8.5 6.3 21.1 35.8 50.6

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 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%.

Industrials/Professional Business Support Services Price: 69.00 GBX Report Date: September 29, 2021

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