MORRISON (WM.) SUPERMARKETS PLC

Morrison (Wm.) Supermarkets Plc



Morrison (Wm.) Supermarkets Plc

Executive Summary

Morrison (Wm.) Supermarkets is committed in the operation of retail shopping centre shops and affiliated activities. Through its subsidiaries, Co. is committed in the construct and distribution of fresh food goods; fresh nourishment products wholesale; the provision of insurance services; new meat processing; merchandise wrapping; bakery procedures; property development; and food store retailing. As of Jan 31 2010, Co. hpublicity a total of 425 shops over the joined Kingdom.

Introduction

Incorporated: United Kingdom

CUSIP: 92933J10

Auditor: KPMG Audit Plc

Legal Counsel: Wragge & Co LLP,Gordons LLP,Ashurst LLP

Transfer Agent: Capita Registrars, Huddersfield, United Kingdom

Country:  United Kingdom

Sector: Retail - Food & Beverage, Drug & Tobacco

Industry: Fresh fruits and vegetables (SIC 5148)

Industry: Fresh Fruit and Vegetable Merchant Wholesalers (NAICS 424480)

Number of Employees: 55,703 (Total Full-Time as of 01/31/2010)

Number of Shareholders: 46,959 (as of 01/31/2010)

Revenue: 15,410,000,000

Net Income: 598,000,000

Dividend: 0.5841    Dividend Yield: 2.7411

EPS Basic: 0.228    EPS Diluted: 0.2237

Morrison And Its Performance During Years

Financial Highlights as of 01/31/2010 in GBP

Income Statement

(In Thousands)

Total Revenue

15,410,000

EBITDA

903,000

Operating Income

838,000

Net Income

598,000

Revenue per Share

5.89

EPS - snare earnings - Diluted

0.22

Share Outstanding

2,651,100

Weighted Average Shares spectacular - Diluted

2,623,300

Weighted Average Shares spectacular - Basic

2,673,800

Earnings per Share - Basic

0.23

Stock Price and Valuation (Data as of 11/24/2010)

Share Outstanding(000's)

2,651,100

Dividend Per Share(TTM)

0.5841

Last Closing Price

21.31

Previous Trading Day Range

21.31 - 21.57

52 Week Range

18.61 - 24.81

7Day mean concluding Price

21.72

30 Day mean concluding Price

22.42

200 Day mean concluding Price

21.57

High Price Last 3 Mos.

24.09

Low Price Last 3 Mos.

21.30

Avg Daily Volume Last 3 Mos.

22,939.09

Management Effectiveness

ROA % (Net)

7.06

ROE % (Net)

12.67

ROI % (Operating)

17.75

Profitability Ratios

Gross Margin

6.89

Operating Margin

5.86

EBITDA Margin %

5.86

Calculated Tax Rate %

30.30

Profit Margin (TTM)

3.88

Valuation Ratios

Price/Earnings (TTM)

12.45

Price/Book (TTM)

1.53

Price/Cash Flow(TTM)

10.13

Asset Management

Total Asset Turnover

1.82

Receivables Turnover

69.76

Inventory Turnover

26.79

Property vegetation & Equip Turnover

2.24

Cash & Equivalents Turnover

54.03

Debt Management

Interest Coverage

20.44

Long period liability as % of bought into Capital

0.00

Accounts Payable Turnover

11.07

Accrued Expenses Turnover

376.89

Liquidity Indicators

Quick Ratio

0.21

Current Ratio

0.51

Net Current Assets as % of Total Assets

(12.08)

Free money Flow per Share

(0.06)

Revenue to Assets

1.76



Profitability Ratios

01/31/2010

02/01/2009

02/03/2008

ROA % (Net)

7.06

>

5.82

>

7.4

>

ROE % (Net)

12.67

>

10.37

>

13.38

>

ROI % (Operating)

17.75

>

14.24

>

13.28

>

EBITDA Margin %

5.86

>

4.81

>

5.07

>

Calculated Tax Rate %

30.3

>

29.77

>

9.48

>

Liquidity Ratios

01/31/2010

02/01/2009

02/03/2008

Quick Ratio

0.21

>

0.28

>

0.21

>

Current Ratio

0.51

>

0.53

>

0.49

>

Net Current Assets % TA

(12.08)

>

(11.65)

>

(12.35)

>

Asset Management

01/31/2010

02/01/2009

02/03/2008

Total Asset Turnover

1.82

>

1.84

>

1.73

>

Receivables Turnover

69.76

>

65.92

>

74.87

>

Inventory Turnover

26.79

>

29.09

>

30.01

>

Accounts Payable Turnover

11.07

>

11.23

>

12.07

>

Accrued Expenses Turnover

376.89

>

342.77

>

216.56

>

Property Plant & Equip Turnover

2.24

>

2.28

>

2.11

>

Cash & Equivalents Turnover

54.03

>

56.25

>

61.62

>

Per Share

Per Share

01/31/2010

02/01/2009

02/03/2008

Cash Flow per Share

0.28

>

0.3

>

0.22

>

Book Value per Share

1.87

>

1.72

>

1.63

>

Literature Review

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