RR.

Rolls-royce (RR.)

Company name:	Rolls-royce Holdings Plc
Company Description:	A group engaged in the provision and support of integrated power systems for use on land; at sea and in the air
EPIC:	RR.	Trading Currency:	GBX
Market Sector:	FS10	ISIN:	GB00B63H8491
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.rolls-royce.com/	Description:	ORD SHS 20P
Industry Sector:	AEROSPACE & DEFENCE

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
80.94	-0.91 [-1.11]	81.10	81.13	82.17	82.68	79.11	46,671,519
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
6,772.73	8,367.60	0.14	1.44	-	56.21	-	150.48 - 77.89

Rolls-royce Key Figures

Key Figures
(at previous day's close)
Market Cap.	6,772.73	m
Shares In Issue	8,367.60	m
Prev. Close	81.85
PE Ratio	56.21
Dividend Yield	-	%
EPS - basic	1.44	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	-3.10	p
Return On Equity (ROE)	-	%
Operating Margin	-2.62	%
PEG Factor	0.55
EPS Growth Rate	102.72	%
Dividends PS Growth Rate	-	%
Net Debt	30,689.00	m
Gross Gearing	116.17	%
Quick Assets	13,844.00	m
Net Working Capital	6,351.00	m
Intangibles / Fixed Assets	36.20	%
Turnover PS	134.06	p
Pre-Tax Profit PS	-3.51	p
Retained Profit PS	1.43	p
Cash PS	31.32	p
Net Cash PS	-102.04	p
Net Tangible Asset Value PS *	-104.01	p
Net Asset Value PS	-55.40	p
Spread	0.03 (0.04%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Rolls-royce Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	93.00	79.11
4 weeks	94.17	79.11
12 weeks	102.14	77.89
1 year	150.48	77.89

Share Price Chart (5 years)

Rolls-royce Historic Returns

%1$s Historic Returns
Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	87.11	-6.17	-7.08	79.11	44.24		87.94
4 weeks	86.03	-5.09	-5.92	79.11	36.13		88.77
12 weeks	101.20	-20.26	-20.02	77.89	40.17		87.99
26 weeks	122.02	-41.08	-33.67	77.89	42.43		98.69
1 year	109.90	-28.96	-26.35	77.89	41.04		108.79
3 years	302.57	-221.63	-73.25	34.60	31.24		111.31
5 years	323.01	-242.07	-74.94	34.60	20.81		129.88
† periods calculated are whole weeks rather than calendar months

Rolls-royce Key Management Ratios

DEEPER ANALYSIS

Rolls-royce Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	56.21
Tobin's Q Ratio	0.23
Tobin's Q Ratio (excl. intangibles)	0.29
Dividend Yield	-	%
Market-to-Book Ratio	-1.45
Price-to-Pre-Tax Profit PS	-23.04
Price-to-Retained Profit PS	56.44
Price-to-Cash Flow PS	-26.15
Price-to-Sales PS	0.60
Price-to-Net Tangible Asset Value PS	-0.78
Price-to-Cash PS	2.58
Net Working Capital PS	75.90
Price Pct to Working Capital PS	1.07	%
Earnings Yield	1.78	%
Average PE	43.30
Years in average	2
PE to PE average	129.81	%

Rolls-royce Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	126.47	%
Debt-to-Equity Ratio	-4.78
Debt-to-Equity Ratio (excl. Intgbl)	-2.55
Debt-to-Equity Market Value	3.27
Net Gearing	107.03	%
Net Gearing (excl. Intangibles)	124.58	%
Gross Gearing	116.17	%
Gross Gearing (excl. Intangibles)	135.23	%
Gearing Under 1 Year	38.92	%
Gearing Under 1 Year (excl. Intgbl)	45.30	%
Assets/Equity	-6.19
Cash/Equity	-56.54
(Liquidity Ratios)
Net Working Capital to Total Assets	22.15	%
Current Ratio	1.57
Quick Ratio (Acid Test)	1.24
Liquidity Ratio	0.23
Cash & Equiv/Current Assets	14.97	%
(Solvency Ratios)
Enterprise Value	26,328.73	m
CFO/Sales	-0.02
CFO/Attributable Profit	-
CFO/Assets	-0.01
CFO/Debt	-0.01
Total Debt/Equity Market Value	4.92
Total Debt/Sales	2.97
Total Debt/Pre-Tax Profit	-113.30
Total Debt	33,310.00	m
Total Debt/Net Current Assets	5.24	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	9

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.1449	0.0725

Rolls-royce Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	-1.68	%
Return On Assets (ROA)	0.41	%
Net Profit Margin	1.07	%
Assets Turnover	0.39
Return On Equity (ROE)	-	%
Return On Investment (ROI)	0.72	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	-	%
Net Income Of Revenues	1.07	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	-2.35
Fixed Assets Turnover	0.87
Current Assets Turnover	0.69
Net Working Capital Turnover
Inventory Turnover	3.05
(Other Operating Ratios)
Total Assets-to-Sales	2.59
Debtors-to-Sales	73.96	%
Debt Collection Period	269.94	Days

Rolls-royce Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
24 Jul 2008	Interim	GBX	5.72	31/12/2007	31/12/2008	29/10/2008	31/10/2008	05/01/2009	5.72
07 Feb 2008	Final	GBX	8.96	31/12/2006	31/12/2007	05/03/2008	07/03/2008	01/07/2008	13.00
26 Jul 2007	Interim	GBX	4.04	31/12/2006	31/12/2007	10/10/2007	12/10/2007	03/01/2008	-
08 Feb 2007	Final	GBX	5.92	31/12/2005	31/12/2006	07/03/2007	09/03/2007	02/07/2007	9.59
27 Jul 2006	Interim	GBX	3.67	31/12/2005	31/12/2006	11/10/2006	13/10/2006	03/01/2007	-
09 Feb 2006	Final	GBX	5.38	31/12/2004	31/12/2005	08/03/2006	10/03/2006	03/07/2006	8.72
29 Jul 2005	Interim	GBX	3.34	30/12/2004	30/06/2005	12/10/2005	14/10/2005	03/01/2006	-
10 Feb 2005	Final	GBX	5.00	31/12/2003	31/12/2004	09/03/2005	11/03/2005	04/07/2005	8.18
14 Oct 2004	Interim	GBX	3.18	30/12/2003	30/06/2004	13/10/2004	15/10/2004	04/01/2005	-
12 Feb 2004	Final	GBX	5.00	31/12/2002	31/12/2003	10/03/2004	12/03/2004	05/07/2004	8.18
31 Jul 2003	Interim	GBX	3.18	30/12/2002	30/06/2003	15/10/2003	17/10/2003	05/01/2004	-
04 Mar 2003	Final	GBX	5.00	31/12/2001	31/12/2002	23/04/2003	25/04/2003	07/07/2003	8.18
22 Aug 2002	Interim	GBX	3.18	30/12/2001	30/06/2002	16/10/2002	18/10/2002	06/01/2003	-
07 Mar 2002	Final	GBX	5.00	31/12/2000	31/12/2001	24/04/2002	26/04/2002	01/07/2002	8.18
23 Aug 2001	Interim	GBX	3.18	30/12/2000	30/06/2001	17/10/2001	19/10/2001	07/01/2002	-
02 Mar 2001	Final	GBX	5.00	31/12/1999	31/12/2000	25/04/2001	27/04/2001	02/07/2001	8.00
17 Oct 2000	Interim	GBX	3.00	30/12/1999	30/06/2000	18/10/2000	20/10/2000	08/01/2001	-
02 Mar 2000	Final	GBX	4.55	31/12/1998	31/12/1999	25/04/2000	02/05/2000	03/07/2000	7.25
26 Aug 1999	Interim	GBX	2.70	30/12/1998	30/06/1999	18/10/1999	22/10/1999	10/01/2000	-
04 Mar 1999	Final	GBX	4.10	31/12/1997	31/12/1998	26/04/1999	30/04/1999	05/07/1999	6.55
27 Aug 1998	Interim	GBX	2.45	30/12/1997	30/06/1998	26/10/1998	30/10/1998	11/01/1999	-

Rolls-royce Fundamentals

Profit and Loss Account
	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	15,729.00	100.00%	16,587.00	100.00%	11,824.00	100.00%	11,218.00	100.00%	m
pre tax profit	-2,947.00	-18.74%	-891.00	-5.37%	-2,910.00	-24.61%	-294.00	-2.62%	m
attributable profit	-2,401.00	-15.26%	-1,315.00	-7.93%	-3,170.00	-26.81%	120.00	1.07%	m
retained profit	-2,401.00	-15.26%	-1,315.00	-7.93%	-3,170.00	-26.81%	120.00	1.07%	m
eps - basic (p)	-129.15		-69.07		-52.95		1.44
eps - diluted (p)	-129.15		-69.07		-52.95		1.43
dividends per share	-		-		-		-

Rolls-royce Balance Sheet

Balance Sheet
	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)


	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
ASSETS
fixed assets	4,929.00	15.47%	4,803.00	14.89%	4,515.00	15.30%	5,120.00	17.86%	m
intangibles	5,295.00	16.62%	7,451.00	23.09%	8,060.00	27.31%	4,041.00	14.09%	m
fixed investments	2,749.00	8.63%	4,240.00	13.14%	2,114.00	7.16%	2,003.00	6.99%	m
current assets - other	750.00	2.35%	18.00	0.06%	288.00	0.98%	2,028.00	7.07%	m
stocks	4,287.00	13.46%	4,320.00	13.39%	3,690.00	12.50%	3,666.00	12.79%	m
debtors	8,873.00	27.85%	6,991.00	21.67%	7,398.00	25.06%	9,195.00	32.07%	m
cash & securities	4,974.00	15.61%	4,443.00	13.77%	3,452.00	11.69%	2,621.00	9.14%	m

TOTAL	31,857.00	100%	32,266.00	100%	29,517.00	100%	28,674.00	100%	m

LIABILITIES
creditors - short	14,851.00	46.62%	14,976.00	46.41%	13,700.00	46.41%	11,159.00	38.92%	m
creditors - long	17,682.00	55.50%	20,629.00	63.93%	20,464.00	69.33%	21,428.00	74.73%	m
creditors - other	376.00	1.18%	15.00	0.05%	228.00	0.77%	723.00	2.52%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	32,909.00	103.30%	35,620.00	110.39%	34,392.00	116.52%	33,310.00	116.17%	m

EQUITY
ord cap, reserves	-1,074.00	-3.37%	-3,376.00	-10.46%	-4,897.00	-16.59%	-4,662.00	-16.26%	m
prefs, minorities	22.00	0.07%	22.00	0.07%	22.00	0.07%	26.00	0.09%	m

TOTAL	-1,052.00	-3.30%	-3,354.00	-10.39%	-4,875.00	-16.52%	-4,636.00	-16.17%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Rolls-royce Cash Flow Statement

%1$s Cash Flow Statement
	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)	31 Dec 2021 (GBP)
Operating CF	2,226.00	2,297.00	-3,009.00	-259.00	m
Pre-Financing CF	1,251.00	1,379.00	-4,019.00	-687.00	m
Retained CF	1,953.00	-413.00	-995.00	-775.00	m

Rolls-royce Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC