K3 Business Technology Group Plc (KBT)
ISR viewK3 is a rare animal in the small cap world - it set out with a clear strategic plan six years ago and it has delivered on essentially all of its promises. Whilst the current economic climate has had an impact on short term growth expectations, K3 retains ambitious growth plans and we expect it to continue to deliver.
Share price166.50p
Market cap.£47.4m
Summary
K3 provides business management software to customers in the Retail and Manufacturing sectors.
Recent analysis
Strategic progress despite market headwind
Published on 19/09/2011K3 acquires final chunk of FD Systems
Published on 25/07/2011K3 rebuilds war chest
Published on 14/07/2011K3 strategy on track but conditions remain tough
Published on 06/03/2011Financials
| Year | Rev | PBT | EPS | Div |
|---|---|---|---|---|
| 2009 A | 36.4 | 5.2 | 15.0 | 0.5 |
| 2010 A | 43.8 | 6.6 | 18.6 | 0.5 |
| 2011 A | 52.8 | 8.7 | 22.8 | 0.8 |
| 2012 E | 67.0 | 10.5 | 25.8 | 0.9 |
Valuation
| Year | EV / rev | EV / EBITDA | PE | Yield (%) |
|---|---|---|---|---|
| 2011 A | 1.2 | 6.0 | 7.3 | 0.5 |
| 2012 E | 0.9 | 4.8 | 6.5 | 0.5 |