rotork plc (ROR:London)
rotork plc (ROR) Snapshot
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Open
2,842 GBp
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Previous Close
2,828 GBp
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Day High
2,845 GBp
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Day Low
2,815 GBp
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52 Week High
03/18/13 - 3,097 GBp
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52 Week Low
06/26/12 - 1,837 GBp
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Market Cap
2.5B
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Average Volume 10 Days
123.3K
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EPS TTM
1.03 GBp
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Shares Outstanding
86.8M
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EX-Date
04/10/13
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P/E TM
27.5x
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Dividend
47.78 GBp
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Dividend Yield
1.69%
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Related News
rotork plc (ROR) Related Businessweek News
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Rotork plc designs, manufactures, and sells industrial valve actuation and flow control equipment primarily in Europe and the Americas. Its Controls segment offers electric valve actuators for heavy-duty valve applications; process control actuators; and network control systems. This segment offers intelligent electric actuators for multi-turn, quarter-turn, isolating, and modulating valves; electric actuators for simplified control duties; direct drive actuators for small quarter-turn valves; and actuators for the nuclear power industry. The company’s Fluid Systems segment provides pneumatic actuators, hydraulic actuators, gas-over-oil actuators, high-pressure direct-gas actuators, and electro-hydraulic actuators for linear valve applications, as well as for high-speed failsafe or emergency shutdown duties in harsh locations. Rotork plc’s Gears segment manufactures gearbox assemblies, as well as a range of switch boxes, valve position monitors, and adaption accessories for use with actuators and as direct valve operators. This segment also offers positioners, solenoids, mounting kits, spools, pedestals, extension spindles, chainwheels, and handwheels. The company’s Instruments segment provides high precision pneumatic controls and power transmission products, such as pneumatic pressure regulators, electro-pneumatic transducers, pneumatic air volume boosters, and pneumatic relays for flow control, pressure control, flow measurement, and pressure measurement. Rotork plc also provides site services, including the design, installation, and commissioning of retrofitted valve actuators and control systems; site surveys, actuator audits, maintenance, repair, and advice on valve actuation equipment; and actuator overhauls, shutdown outages, technical support, and training. It serves oil and gas, power generation, water and sewage, marine, and mining markets. The company is headquartered in Bath, the United Kingdom.
Last Reported Date: 03/27/13
rotork plc (ROR) Top Compensated Officers
rotork plc (ROR) Key Developments
Rotork plc reported interim management statement for the period from January 1 to March 31, 2013. For the period, the company reported record order intake in the first quarter of £150 million, 14.3% (7.8% OCC) ahead of the prior year. Revenue growth of 5.0% (negative 1.7% OCC) in the first quarter has been impacted by the weighting of orders scheduled for delivery in the second quarter. The order book now stands at a record £218 million, 20% higher than at the year end.
Rotork plc announced consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of £511,747,000 against £447,833,000 a year ago. Operating profit was £124,467,000 against £112,000,000 a year ago. Profit before tax was £124,194,000 against £112,550,000 a year ago. Profit for the year was £89,315,000 or 102.6 pence per diluted share against £80,401,000 or 92.6 pence per diluted share a year ago. Adjusted operating profit was £131,866,000 against £115,921,000 a year ago. Adjusted basic earnings per share were 109.3 pence against 96.2 pence a year ago. Cash flows from operating activities was £80,973,000 against £73,171,000 a year ago. Purchase of property, plant and equipment were £12,564,000 against £10,143,000 a year ago. Capital expenditure has increased this year, with the purchase of the factory in Leeds and completion of the factory in India being major projects. Adjusted profit before tax was £131.6 million against £116.5 million reported last year. The company board recommended a final dividend of 26.6 pence per share which, taken together with the 2012 interim dividend, gives a payment of 43.0 pence per share against core dividend of 37.25 pence a year ago, representing a 15% increase in core dividends. This dividend will be payable on 21 May 2013 to shareholders on the register on 12 April 2013.
Rotork plc is seeking acquisitions. Peter France, Chief Executive Officer of Rotork, said, "Further acquisitions will play an important part of the growth strategy but it's important to find companies where we can add value."
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Industry Analysis
ROR
Industry Average
| Valuation | ROR | Industry Range |
| Price/Earnings | 25.6x |
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| Price/Sales | 4.4x |
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| Price/Book | 8.5x |
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| Price/Cash Flow | 25.6x |
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| TEV/Sales | 4.5x |
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