£1703.9m market cap
300p last close
QinetiQ provides technical support services to customers in the global aerospace, defence and security markets. The group operates through two divisions: EMEA Services (78% of FY17 sales) and Global Products (22%).
Investment summary
QinetiQ holds a unique position in the global defence market, providing capability generation and assurance in challenging times. The company is working tirelessly with the UK MOD to provide world-class Test and Evaluation (T&E) facilities in the face of a tight budget environment. In addition, it is building its global footprint, leveraging both its technological expertise and global defence budget dynamics.
Y/E Mar |
Revenue (£m) |
EBITDA (£m) |
PBT (£m) |
EPS (p) |
P/E (x) |
P/CF (x) |
|---|---|---|---|---|---|---|
| 2017A | 783.1 | 145.3 | 116.1 | 18.1 | 16.6 | 15.2 |
| 2018A | 833.0 | 151.8 | 122.1 | 19.3 | 15.5 | 14.5 |
| 2019E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2020E | N/A | N/A | N/A | N/A | N/A | N/A |
| Last updated on 18/09/2019 | ||||||
Industry outlook
QinetiQ is adapting successfully to the changing demands of the global defence industry and is capable of delivering medium-term growth. Core to the strategy is delivering efficiencies for the UK MoD and investing for medium-term growth. The Air Strategic Enterprise and the first part of the LTPA amendment demonstrate a win-win for both parties and training is another area where further efficiencies can be delivered. In addition, QinetiQ is seeking to bolster its presence in international markets.
Last updated on 18/09/2019
Sector |
|---|
| Industrials |
Share price graph
Balance sheet |
|
|---|---|
| Forecast net debt (£m) | N/A |
| Forecast gearing ratio (%) | N/A |
Price performance
% |
1m |
3m |
12m |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||
| *% relative to local index | |||||||||||||||
Key management |
|
|---|---|
| Mark Elliot | Chairman |
| Steve Wadey | CEO |
| David Smith | CFO |
| David Bishop | Head of Investor Relations and External Commu |
Content on QinetiQ Group
You may also be interested in…
- Accsys Technologies
- Augean
- Avanti Communications
- Avon Rubber
- BCA Marketplace
- Carr's Group
- Cohort
- De La Rue
- Eddie Stobart Logistics
- Epwin Group
- Jersey Electricity
- John Laing Group
- Lookers
- Low & Bonar
- Marshall Motor Holdings
- Norcros
- Polypipe
- PowerHouse Energy Group
- Premier Technical Services
- Renewi
- Severfield
- SG Recruitment
- Stobart Group
- Sureserve Group
- Telford Homes
- Treatt
- Tyman
- Ultra Electronics
- Walker Greenbank
- Windar Photonics