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Tesco (TSCO)

Sector:

Food & Drug Retailers

Index:

FTSE 100

Market Cap

£25,621m

Change Today

Price Up0.50p (0.15%)

Share Price

325.90p

Tesco Overview

The UK’s leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsbury’s position as the UK number one. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.3% 4.0%
Div Cover 2.5 2.3
Op Mrgn 5.9% 5.6%
ROCE 15.5%  

Valuation

Latest F'cast
P/E 12.0 11.9
PEG 0.6 1.8
Pr/Revenue 0.5 0.5
Pr/Book 2.1  

Growth

Latest F'cast
Revenue 10.9% 12.4%
PBT 5.7% 7.1%
EPS 20.8% 6.6%
DPS 13.1% 9.0%

Tesco Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
28-Feb-04 a30,814.00 a1,600.00 16.45p 15.7 0.9 +17% 6.84p 2.7%
26-Feb-05 33,866.00 1,894.00 17.52p 17.6 2.9 +6% 7.56p 2.5%
25-Feb-06 39,454.00 2,235.00 20.30p 16.5 1.0 +16% 8.63p 2.6%
24-Feb-07 42,641.00 2,653.00 22.36p 19.9 2.0 +10% 9.64p 2.2%
23-Feb-08 47,298.00 2,803.00 27.02p 14.8 0.7 +21% 10.90p 2.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Tesco Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
28-Feb-09 53,174.11 3,003.25 27.41p 11.9 1.8 +7% 11.88p 4.0%
28-Feb-10 57,965.41 3,247.31 29.82p 10.9 1.2 +9% 12.86p 4.4%

Covering analysts: ABN AMRO, Bayerische Landesbank, BBVA, Bernstein Research, Blue Oar Securities, CA Cheuvreux, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Exane BNP Paribas, Goldman Sachs, ING Wholesale Banking, JP Morgan, Landesbank Baden-Württemberg, Lehman Bros, Merrill Lynch, Morgan Stanley, Natixis Securities, Nomura Equity Research, Oddo Securities, Oriel Securities, Panmure Gordon, Santander Central Hispano, Seymour Pierce, Shore Capital Stockbrokers, Société Générale, Unicredit Markets & Invt Bank, Zurcher Kantonalbank

Tesco Company Announcements

Interim Management Statement 02-Dec-2008 07:00 RNS
Total Voting Rights 28-Nov-2008 17:12 RNS
Publication of Final Terms 24-Nov-2008 16:25 RNS

Tesco ShareCast News

Wednesday tips round-up: Tesco, Thomas Cook, Game 03-Dec-2008 ShareCast
London close: Surge on Wall Street lifts London 02-Dec-2008 ShareCast
London afternoon: Shares advance in thin trade 02-Dec-2008 ShareCast

Tesco Top Newspaper Links

Scrutineer: Resilient under pressure 03-Dec-2008 The Scotsman
Tesco growth stalls as result of rampant price c... 03-Dec-2008 Telegraph
Discount range holds back Tesco sales rise 03-Dec-2008 The Scotsman

Latest Tesco Director Deals

Traded Action Notifier PriceAmountValue
14-Nov-08 Buy David T Potts 335.20p 33 £110.62
14-Nov-08 Buy Lucy Neville-Rolfe 335.20p 33 £110.62
14-Nov-08 Buy Timothy J R Mason 335.20p 33 £110.62

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Tesco Market Data

Currency UK Pounds
Share Price 325.90p Price Up
Change Today +0.50p
52 Week High 484.25
52 Week Low 285.90
Volume 251,439
Shares Issued 7,862m
Market Cap £25,621m
Beta 0.65
RiskGrade 313

Tesco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.15% below the market average95.15% below the market average95.15% below the market average95.15% below the market average95.15% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
55.98% above the market average55.98% above the market average55.98% above the market average55.98% above the market average55.98% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Income
56.96% below the market average56.96% below the market average56.96% below the market average56.96% below the market average56.96% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Growth
29.3% below the market average29.3% below the market average29.3% below the market average29.3% below the market average29.3% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 7
Buy 7
Neutral 7
Sell 3
Strong Sell 6
Total 30
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tesco Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Oct-08 23-Apr-08
Paid 19-Dec-08 04-Jul-08
Amount 3.57p 7.70p

Trades for 03-Dec-2008

Time Volume / Share Price
08:04 1,365 @ 326.20p
08:04 1,770 @ 326.20p
08:04 1,000 @ 326.20p
08:04 216 @ 325.90p
08:04 1,751 @ 325.90p

Tesco Key Personnel

CEO Terry Leahy
Finance Director Andrew Higginson

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