FTSE Factsheet
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FTSE COMPANY REPORT Share price analysis relative to sector and index performance Data as at: 04 August 2017 Electric Word ELE Media — GBP 0.03 at close 04 August 2017 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 04-Aug-2017 04-Aug-2017 04-Aug-2017 0.045 140 130 1D WTD MTD YTD 0.04 Absolute -21.6 -22.6 -22.6 -20.0 130 120 Rel.Sector -21.7 -23.0 -23.1 -17.8 0.035 Rel.Market -21.9 -23.9 -23.9 -24.7 120 0.03 110 VALUATION 0.025 110 (local currency) (local 100 Trailing 0.02 100 Relative Price Relative Price 0.015 90 PE 1.7 Absolute Price Price Absolute 90 EV/EBITDA -ve 0.01 80 80 PCF -ve 0.005 PB 1.2 0 70 70 Price/Sales 5.7 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Div Yield 0.0 Absolute Price Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Div Payout 0.0 100 100 100 ROE +ve 90 90 90 Net Debt/Equity 0.0 80 80 80 70 70 70 60 60 60 DESCRIPTION 50 50 50 The Group is a specialist information business 40 40 40 RSI (Absolute) RSI providing market intelligence, decision-critical data 30 30 30 and advice through a combination of digital, print and 20 20 20 in-person formats. 10 10 10 RSI (Relative to FTSE UK All-Share Index) UK All-Share to FTSE (Relative RSI RSI (Relative to FTSE UK All-Share Sector) UK All-Share to FTSE (Relative RSI 0 0 0 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 See final page and http://www.londonstockexchange.com/prices-and-markets/stocks/services-stock/ftse-note.htm for further details. Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Electric Word 04 August 2017 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 31-Jul-2017 31-Jul-2017 31-Jul-2017 90 14 4 80 +1SD 12 +1SD 3.5 70 10 3 60 +1SD 50 8 Avg 2.5 40 Avg 6 2 Avg 30 4 -1SD 1.5 20 -1SD 10 2 1 -1SD 0 ǁǁ ǁ ǁ 0 ǁǁǁǁ 0.5 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Ascential 92.2 ZPG 24.1 Rightmove 25.0 Entertainment One 78.9 Tarsus Group 24.0 4imprint Group 18.7 Tarsus Group 47.9 Rightmove 23.7 RELX 15.3 Media 46.0 Gocompare.com Group 22.5 ZPG 11.2 ZPG 43.4 Auto Trader Group 19.3 Moneysupermarket.com Group 9.7 Media 4.1 Euromoney Institutional Investor 39.4 Media 12.9 Electric Word 1.2 Trinity Mirror 4.2 ITV 8.6 Bloomsbury Publishing 1.0 Electric Word 1.7 Bloomsbury Publishing 8.1 Trinity Mirror 0.5 Pearson -2.3 Entertainment One 2.8 STV Group 0.0 Huntsworth -13.3 Trinity Mirror 2.0 Gocompare.com Group 0.0 ITE Group -51.4 Electric Word 0.0 Auto Trader Group 0.0 -60 -40 -20 0 20 40 60 80 100 0 5 10 15 20 25 30 0 5 10 15 20 25 30 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 31-Jul-2017 31-Jul-2017 31-Jul-2017 60 1 6 0.9 50 5 +1SD 0.8 0.7 40 4 0.6 Avg 30 0.5 3 +1SD 0.4 20 2 -1SD 0.3 0.2 Avg 10 1 0.1 0 ǁǁ ǁǁ 0 0 -1SD Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Entertainment One 80.0 Pearson 7.8 Rightmove 15.0 4imprint Group 30.4 Trinity Mirror 5.3 ZPG 8.1 Rightmove 27.5 ITV 4.2 Moneysupermarket.com Group 5.7 Huntsworth 27.3 STV Group 3.8 Electric Word 5.7 ZPG 26.9 Bloomsbury Publishing 3.7 RELX 5.1 Media 14.5 Media 2.6 Media 2.5 Pearson 9.7 Ascential 1.3 Sky 1.3 Sky 8.8 Rightmove 1.2 STV Group 1.3 Bloomsbury Publishing 7.2 Entertainment One 0.5 Bloomsbury Publishing 1.0 Trinity Mirror 3.9 Sky 0.0 Entertainment One 0.9 Electric Word -14.0 Electric Word 0.0 Trinity Mirror 0.4 -20 0 20 40 60 80 100 0123456789 0 2 4 6 8 10 12 14 16 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Electric Word 04 August 2017 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 31-Jul-2017 31-Jul-2017 31-Jul-2017 0.2 1 50 ǁǁ 0.9 0.8 40 0.15 0.7 0.6 30 +1SD 0.1 0.5 +1SD 0.4 20 Avg 0.3 0.05 0.2 10 -1SD 0.1 Avg 0 0 0 ǁǁ ǁ ǁ Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Aug-2012 Aug-2013 Aug-2014 Aug-2015 Aug-2016 Sky 2.4 Tarsus Group 100.0 Rightmove 50.0 RELX 2.1 Ascential 100.0 Electric Word 50.0 ITV 1.7 Euromoney Institutional Investor 97.7 4imprint Group 50.0 Tarsus Group 1.2 Media 97.4 RELX 50.0 ZPG 1.1 Informa 88.3 ITV 48.3 Moneysupermarket.com Group 73.3 Media 1.0 Media 8.4 ITV 0.0 Rightmove 0.0 Gocompare.com Group 0.0 Bloomsbury Publishing 5.4 Moneysupermarket.com Group 0.0 Electric Word 0.0 Entertainment One 2.0 Electric Word 0.0 Pearson 0.0 Huntsworth -11.9 Bloomsbury Publishing 0.0 Huntsworth 0.0 ITE Group -12.1 4imprint Group 0.0 ITE Group 0.0 Pearson -43.4 0 0.5 1 1.5 2 2.5 3 0 20 40 60 80 100 120 -60 -40 -20 0 20 40 60 ROE vs. PB — sector Du Pont Analysis 30 4 1.6 3.5 1.4 25 3 RMV 1.2 2.5 20 1 FOUR 2 1.5 0.8 PB 15 REL 1 0.6 ZPG 0.5 10 MONYITV 0.4 0 ITE 0.2 5 TRS -0.5 ASCL Media SKY ERM INF WPP UBM -1 0 HNT ETO ǁ PSON BMY ELE 2013 2014 2015 2016 2017 0 TNI 0 102030405060 Net Margin Asset Turnover Gearing ROE (rhs) ǁ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Electric Word 04 August 2017 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation). EV is full company Market Capitalisation at the data date corresponding sector of the FTSE All Share Index for up to 366 days, rebased to the start plus last annual net debt and Preferred Stock.