Cobham (COB.L) stock price, revenue, and financials

Cobham market cap is $342.6 m, and annual revenue was £1.86 b in FY 2018

$342.6 M

COB.L Mkt cap, 25-Oct-2016

£1 B

Cobham Revenue H1, 2019
Cobham Gross profit (H1, 2019)284.8 M
Cobham Gross profit margin (H1, 2019), %27.7%
Cobham Net income (H1, 2019)47.9 M
Cobham EBIT (H1, 2019)68.7 M
Cobham Cash, 30-Jun-2019393.7 M
Cobham EV490.9 M

Cobham Revenue

Cobham revenue was £1.86 b in FY, 2018 which is a 9.2% year over year decrease from the previous period.

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Cobham Revenue Breakdown

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Cobham revenue breakdown by business segment: 16.9% from Aviation Services, 29.6% from Communications and Connectivity, 31.9% from Advanced Electronic Solutions and 21.6% from Mission Systems

Cobham revenue breakdown by geographic segment: 53.2% from USA, 7.7% from UK, 16.0% from Other EU, 11.7% from Australia, 7.7% from Asia and 3.8% from Other

Cobham Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018

Revenue

1.9b2.1b1.9b

Revenue growth, %

(6%)6%(9%)

Cost of goods sold

1.6b1.5b1.5b

Gross profit

376.6m594.6m323.4m

Gross profit Margin, %

19%29%17%

Sales and marketing expense

134.5m

General and administrative expense

1.0b

Operating expense total

1.2b490.5m438.5m

EBIT

(779.1m)104.1m111.9m

EBIT margin, %

(40%)5%6%

Interest expense

53.7m40.6m22.0m

Interest income

900.0k3.9m4.5m

Pre tax profit

(847.9m)66.9m71.0m

Income tax expense

(52.8m)(11.9m)(2.7m)

Net Income

(795.1m)78.8m73.7m

EPS

(0.5)0.00.0

Half Year

GBPH1, 2017H1, 2018H1, 2019

Revenue

1.0b924.5m1.0b

Cost of goods sold

718.3m714.6m744.1m

Gross profit

285.0m209.9m284.8m

Gross profit Margin, %

28%23%28%

Operating expense total

250.3m217.4m215.9m

EBIT

34.7m208.8m68.7m

EBIT margin, %

3%23%7%

Interest expense

21.9m13.3m11.7m

Interest income

700.0k4.2m2.8m

Pre tax profit

14.3m179.3m60.5m

Income tax expense

(2.0m)13.9m12.6m

Net Income

16.3m165.4m47.9m

Cobham Balance Sheet

Annual

GBPFY, 2016FY, 2017FY, 2018

Cash

236.2m451.9m406.9m

Accounts Receivable

307.5m235.7m259.1m

Inventories

405.3m389.4m276.0m

Current Assets

1.1b1.4b1.1b

PP&E

422.9m380.9m388.2m

Total Assets

2.8b2.8b2.6b

Accounts Payable

155.3m140.7m171.8m

Short-term debt

60.9m100.0k58.6m

Current Liabilities

864.0m770.5m862.4m

Long-term debt

1.2b835.3m338.0m

Non-Current Liabilities

1.4b994.6m543.8m

Total Debt

1.3b835.4m396.6m

Total Liabilities

2.3b1.8b1.4b

Common Stock

44.6m61.7m61.7m

Additional Paid-in Capital

778.3m1.3b1.3b

Retained Earnings

(372.0m)(284.0m)(161.7m)

Total Equity

489.9m1.0b1.2b

Debt to Equity Ratio

2.6 x0.8 x0.3 x

Debt to Assets Ratio

0.5 x0.3 x0.2 x

Financial Leverage

5.7 x2.7 x2.2 x

Half Year

USDH1, 2017H1, 2018H1, 2019

Cash

482.5m333.7m393.7m

Inventories

415.8m275.3m288.0m

Current Assets

1.3b1.1b1.2b

PP&E

403.0m375.8m469.5m

Total Assets

2.9b2.5b2.6b

Short-term debt

57.9m12.5m229.4m

Current Liabilities

824.5m734.8m920.9m

Long-term debt

885.4m374.8m312.6m

Non-Current Liabilities

1.1b523.8m454.0m

Total Debt

943.3m387.3m542.0m

Total Liabilities

1.9b1.3b1.4b

Common Stock

61.7m61.7m61.7m

Additional Paid-in Capital

1.3b1.3b1.3b

Retained Earnings

(342.5m)(73.0m)(122.4m)

Total Equity

993.6m1.3b1.2b

Debt to Equity Ratio

0.9 x0.3 x0.4 x

Debt to Assets Ratio

0.3 x0.2 x0.2 x

Financial Leverage

2.9 x2 x2.1 x

Cobham Cash Flow

Annual

GBPFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

248.1m223.9m169.1m

Accounts Receivable

(21.9m)24.1m(13.9m)

Inventories

(50.8m)(26.7m)(10.9m)

Accounts Payable

9.7m71.1m20.7m

Cash From Operating Activities

134.7m215.2m125.3m

Purchases of PP&E

(82.8m)(69.0m)(63.4m)

Cash From Investing Activities

(86.5m)(75.5m)262.0m

Long-term Borrowings

(497.0m)(359.6m)(470.3m)

Dividends Paid

(126.1m)(100.0k)

Cash From Financing Activities

(120.3m)137.5m(470.3m)

Net Change in Cash

(72.1m)277.2m(83.0m)

Interest Paid

74.7m41.6m43.5m

Income Taxes Paid

20.1m32.2m25.5m

Half Year

GBPH1, 2017H1, 2018H1, 2019

Depreciation and Amortization

113.8m84.9m96.4m

Accounts Receivable

(40.0m)(10.0m)14.1m

Inventories

(22.4m)(16.4m)(10.0m)

Accounts Payable

27.0m(13.1m)(39.5m)

Cash From Operating Activities

129.5m30.2m12.2m

Purchases of PP&E

(21.7m)(20.6m)(27.7m)

Cash From Investing Activities

(27.1m)303.3m(22.3m)

Long-term Borrowings

(281.5m)(469.9m)(8.9m)

Dividends Paid

(91.6m)

Cash From Financing Activities

215.5m(469.9m)(8.9m)

Net Change in Cash

279.5m(136.4m)(19.0m)

Interest Paid

34.8m25.3m

Income Taxes Paid

17.0m59.1m

Cobham Ratios

GBPY, 2019

EV/EBIT

7.1 x

EV/CFO

40.2 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x

Cobham Operating Metrics

FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Countries

100 100 100 100 100

Order Intake

£1.91 b£960 m£2.15 b£1.17 b£2.08 b£915.80 m£1.92 b£1.03 b£1.95 b£970.20 m

Book-to-bill Ratio

103%100%104%128%107%93%111%111%94%

Order Volume

£2.51 b£2.34 b£2.48 b£2.94 b£2.95 b£2.70 b

Twelve-Month Backlog

£1.13 b£1.30 b£1.37 b

Order Book (Advanced Electronic Solutions)

£630.10 m£606.40 m£679.50 m

Order Book (Aviation Services)

£1.04 b£1.07 b£1.44 b£1.28 b£1 b£877.50 m

Order Book (Communications and Connectivity)

£263.40 m£284.10 m£268.80 m

Order Book (Mission Systems)

£646.10 m£762 m£785.80 m

Order Intake (Advanced Electronic Solutions)

£257.20 m£563 m£379.60 m£721.60 m£346.60 m

Order Intake (Aviation Services)

£86 m£122.40 m£74.80 m£228.70 m£47.90 m

Order Intake (Communications and Connectivity)

£354.50 m£715.20 m£336.20 m£597.10 m£254.60 m

Order Intake (Mission Systems)

£219.60 m£518.20 m£237.10 m£400.50 m£321.80 m

Cobham Employee Rating

2.6556 votes
Culture & Values
2.5
Work/Life Balance
2.7
Senior Management
2.2
Salary & Benefits
2.8
Career Opportunities
2.3
Source