9.1 At the close of share trading on 24 April 2015, investment ratios for Next plc, the
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9.1 At the close of share trading on 24 April 2015, investment ratios for Next plc, the UK fashion and home furnishings retailer, and the averages for the ‘general retailers’ section, were as follows:
Next plc General retailers section Dividend yield (%) 1.99 2.04 P/E ratio (times) 17.52 19.43 Dividend cover (times) 2.8 2.52 Required:
Comment on what can be deduced about Next plc, relative to the general retailers sector, from an equity investor’s point of view.
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Financial Accounting For Decision Makers
ISBN: 9781292099040
8th Edition
Authors: Peter Atrill, Eddie McLaney
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