Hi, we've made some changes

Next(NXT)

Sector:

General Retailers

Index:

FTSE 100

Market Cap

£6,295m

Change Today

Price Up6.50p

Share Price

879.50p

Next Overview

Next is a relative newcomer to the UK retail market, having opened its first womenswear store in 1982. Within five months the group had 70 outlets open. In 1986 the group acquired mail order company Grattan and two years later launched its own directory business. With over 300 shops the group generates about three quarters of its revenue from its retail outlets. Almost all of the rest comes from its directory arm.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 6.3% 6.4%
Div Cover 3.1 2.8
Op Mrgn 16.1% 13.1%
ROCE 77.4%  

Valuation

Latest F'cast
P/E 5.2 5.6
PEG 0.3 n/a
Pr/Revenue 1.9 1.9
Pr/Book n/a  

Growth

Latest F'cast
Revenue 1.4% -1.0%
PBT 4.1% -13.3%
EPS 15.5% -7.3%
DPS 12.2% 1.8%

Next Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jan-04 a2,516.00 a358.20 93.90p 13.7 0.4 +37% 35.00p 2.7%
29-Jan-05 2,858.50 424.30 120.20p 13.2 0.5 +28% 41.00p 2.6%
28-Jan-06 3,106.20 449.10 127.40p 13.3 2.2 +6% 44.00p 2.6%
27-Jan-07 3,283.80 478.40 146.10p 13.3 0.9 +15% 49.00p 2.5%
26-Jan-08 3,329.10 498.10 168.70p 8.2 0.5 +16% 55.00p 4.0%

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

Next Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jan-09 3,296.19 432.00 154.78p 5.6 n/a -7% 55.98p 6.4%
31-Jan-10 3,368.80 429.31 154.74p 5.6 n/a -0% 57.38p 6.5%

Covering analysts: Bernstein Research, Blue Oar Securities, Charles Stanley & Co, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Goldman Sachs, HSBC Securities, JP Morgan, Kaupthing Singer & Friedlander, Landsbanki Securities, Lehman Bros, Morgan Stanley, Numis Securities, Oriel Securities, Panmure Gordon, Seymour Pierce, Shore Capital Stockbrokers, Société Générale, UBS

Next Company Announcements

Transaction in Own Shares 08-Jul-2008 17:00 RNS
Transaction in Own Shares 04-Jul-2008 17:00 RNS
Director/PDMR Shareholding 03-Jul-2008 17:03 RNS

Next ShareCast News

London close: Oils and miners depress equities 08-Jul-2008 ShareCast
London afternoon: M&S leads fightback 08-Jul-2008 ShareCast
London close: Insurers lead decline 04-Jul-2008 ShareCast

Next Top Newspaper Links

Primark's Oxford Street store has taken £200m si... 09-Jul-2008 The Independent
Retail shares hammered as Citigroup analysts giv... 12-Jun-2008 The Herald
Ailing high-street retailer Next cuts bonus targ... 08-Jun-2008 Sunday Times

Latest Next Director Deals

Traded Action Notifier PriceAmountValue
03-Jul-08 Buy David W Keens 829.00p 4,500 £37,305.00
03-Jul-08 Buy Jonathan Dawson 832.00p 2,000 £16,640.00
02-Jul-08 Buy John Barton 837.50p 4,000 £33,500.00

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.

 

Next Market Data

Currency UK Pounds
Share Price 879.50p Price Up
Change Today +6.50p
52 Week High 2,208.00p
52 Week Low 837.50p
Volume 81,529
Shares Issued 715.73m
Market Cap £6,295m
Beta 1.50
RiskGrade 268

Next Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.74% above the market average80.74% above the market average80.74% above the market average80.74% above the market average80.74% above the market average
41.33% above the sector average41.33% above the sector average41.33% above the sector average41.33% above the sector average41.33% above the sector average
Price Trend
60.53% below the market average60.53% below the market average60.53% below the market average60.53% below the market average60.53% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income
79.62% above the market average79.62% above the market average79.62% above the market average79.62% above the market average79.62% above the market average
30.91% above the sector average30.91% above the sector average30.91% above the sector average30.91% above the sector average30.91% above the sector average
Growth
71.39% below the market average71.39% below the market average71.39% below the market average71.39% below the market average71.39% below the market average
38.89% below the sector average38.89% below the sector average38.89% below the sector average38.89% below the sector average38.89% below the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 8
Sell 1
Strong Sell 3
Total 20
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Next Dividends

  Latest Previous
  Final Interim
Ex-Div 28-May-08 28-Nov-07
Paid 01-Jul-08 02-Jan-08
Amount 37.00p 18.00p

Trades for 09-Jul-2008

Time Volume / Share Price
08:18 418 @ 879.50p
08:18 1,005 @ 877.00p
08:18 300 @ 877.50p
08:18 200 @ 879.50p
08:18 242 @ 879.50p

Next Key Personnel

CEO Simon A Wolfson
Chair John Barton

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).