[SAPCRES] QoQ TTM Result on 31-Oct-2010 [#3]

Announcement Date
10-Dec-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jan-2011
Quarter
31-Oct-2010 [#3]
Profit Trend
QoQ- 0.7%
YoY- 26.28%
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TTM Result
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
Revenue 2,861,700 3,060,421 3,179,961 3,068,093 3,077,759 3,211,216 3,257,043 -8.28%
PBT 464,475 441,873 415,148 383,996 399,472 394,535 363,999 17.69%
Tax -55,948 -44,262 -40,633 -23,288 -32,007 -32,606 -28,745 56.07%
NP 408,527 397,611 374,515 360,708 367,465 361,929 335,254 14.12%
-
NP to SH 278,086 253,100 231,445 199,344 197,949 197,065 172,035 37.85%
-
Tax Rate 12.05% 10.02% 9.79% 6.06% 8.01% 8.26% 7.90% -
Total Cost 2,453,173 2,662,810 2,805,446 2,707,385 2,710,294 2,849,287 2,921,789 -11.02%
-
Net Worth 1,225,166 1,161,092 1,096,128 1,045,728 1,047,043 1,046,997 1,051,550 10.75%
Dividend
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
Div 70,248 108,554 108,554 88,983 88,983 88,620 88,620 -14.38%
Div Payout % 25.26% 42.89% 46.90% 44.64% 44.95% 44.97% 51.51% -
Equity
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
Net Worth 1,225,166 1,161,092 1,096,128 1,045,728 1,047,043 1,046,997 1,051,550 10.75%
NOSH 1,276,215 1,275,925 1,277,240 1,275,279 1,276,882 1,276,826 1,266,928 0.48%
Ratio Analysis
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
NP Margin 14.28% 12.99% 11.78% 11.76% 11.94% 11.27% 10.29% -
ROE 22.70% 21.80% 21.11% 19.06% 18.91% 18.82% 16.36% -
Per Share
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
RPS 224.23 239.86 248.97 240.58 241.04 251.50 257.08 -8.73%
EPS 21.79 19.84 18.12 15.63 15.50 15.43 13.58 37.17%
DPS 5.50 8.50 8.50 7.00 7.00 7.00 7.00 -14.88%
NAPS 0.96 0.91 0.8582 0.82 0.82 0.82 0.83 10.21%
Adjusted Per Share Value based on latest NOSH - 1,275,279
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
RPS 224.03 239.59 248.94 240.19 240.94 251.39 254.98 -8.28%
EPS 21.77 19.81 18.12 15.61 15.50 15.43 13.47 37.84%
DPS 5.50 8.50 8.50 6.97 6.97 6.94 6.94 -14.39%
NAPS 0.9591 0.909 0.8581 0.8187 0.8197 0.8196 0.8232 10.75%
Price Multiplier on Financial Quarter End Date
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
Date 29/07/11 29/04/11 31/01/11 29/10/10 30/07/10 30/04/10 29/01/10 -
Price 4.46 3.72 3.68 2.50 2.29 2.30 2.32 -
P/RPS 1.99 1.55 1.48 1.04 0.95 0.91 0.90 69.96%
P/EPS 20.47 18.75 20.31 15.99 14.77 14.90 17.09 12.82%
EY 4.89 5.33 4.92 6.25 6.77 6.71 5.85 -11.29%
DY 1.23 2.28 2.31 2.80 3.06 3.04 3.02 -45.14%
P/NAPS 4.65 4.09 4.29 3.05 2.79 2.80 2.80 40.36%
Price Multiplier on Announcement Date
31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 31/01/10 CAGR
Date 21/09/11 30/06/11 28/03/11 10/12/10 29/09/10 24/06/10 24/03/10 -
Price 3.92 4.20 3.55 2.85 2.36 2.23 2.36 -
P/RPS 1.75 1.75 1.43 1.18 0.98 0.89 0.92 53.70%
P/EPS 17.99 21.17 19.59 18.23 15.22 14.45 17.38 2.33%
EY 5.56 4.72 5.10 5.48 6.57 6.92 5.75 -2.22%
DY 1.40 2.02 2.39 2.46 2.97 3.14 2.97 -39.51%
P/NAPS 4.08 4.62 4.14 3.48 2.88 2.72 2.84 27.40%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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