Financials ABC Transport Plc

Equities

ABCTRANS

NGABCTRANS01

Passenger Transportation, Ground & Sea

End-of-day quote Nigerian S.E. 18:00:00 2024-05-19 EDT 5-day change 1st Jan Change
0.65 NGN 0.00% Intraday chart for ABC Transport Plc 0.00% -19.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 480.7 746 629.9 513.9 598.2 1,938
Enterprise Value (EV) 1 868.4 1,567 915.5 1,439 2,619 4,203
P/E ratio -2.53 x 13 x -1.09 x -3.36 x 37.7 x -
Yield - - - - 6% -
Capitalization / Revenue 0.07 x 0.11 x 0.08 x 0.08 x 0.08 x 0.26 x
EV / Revenue 0.13 x 0.23 x 0.12 x 0.22 x 0.34 x 0.57 x
EV / EBITDA 0.89 x 1.11 x 0.83 x 1.8 x 2.33 x 5.88 x
EV / FCF 1.23 x -4.78 x 1.16 x -1.94 x -2.32 x 13.1 x
FCF Yield 81% -20.9% 86.3% -51.6% -43.2% 7.65%
Price to Book 0.38 x 0.58 x 0.78 x 0.8 x 0.75 x -
Nbr of stocks (in thousands) 1,657,700 1,657,700 1,657,700 1,657,700 2,392,622 2,392,622
Reference price 2 0.2900 0.4500 0.3800 0.3100 0.2500 0.8100
Announcement Date 3/29/19 5/29/20 3/31/21 3/31/22 4/1/23 5/1/24
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,861 6,681 7,751 6,570 7,626 7,332
EBITDA 1 972.9 1,410 1,098 798.2 1,123 714.9
EBIT 1 122.4 630.5 241.2 22.55 593.4 38.46
Operating Margin 1.78% 9.44% 3.11% 0.34% 7.78% 0.52%
Earnings before Tax (EBT) 1 67.13 412.9 -323.5 140.7 279.2 -368.6
Net income 1 -189.9 57.18 -578.2 -153.2 15.88 -175.3
Net margin -2.77% 0.86% -7.46% -2.33% 0.21% -2.39%
EPS 2 -0.1145 0.0345 -0.3488 -0.0924 0.006636 -
Free Cash Flow 1 703.2 -328 790.2 -741.8 -1,131 321.5
FCF margin 10.25% -4.91% 10.19% -11.29% -14.83% 4.38%
FCF Conversion (EBITDA) 72.27% - 71.96% - - 44.96%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - 0.0150 -
Announcement Date 3/29/19 5/29/20 3/31/21 3/31/22 4/1/23 5/1/24
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 388 821 286 925 2,021 2,265
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.3984 x 0.582 x 0.2601 x 1.159 x 1.799 x 3.168 x
Free Cash Flow 1 703 -328 790 -742 -1,131 321
ROE (net income / shareholders' equity) -6.83% 13.6% -35.5% -7.97% 5.19% -57.7%
ROA (Net income/ Total Assets) 1.69% 8.12% 2.74% 0.24% 5.83% 0.35%
Assets 1 -11,212 703.8 -21,121 -64,981 272.4 -49,851
Book Value Per Share 2 0.7700 0.7800 0.4900 0.3900 0.3300 -
Cash Flow per Share 2 0.0700 0.0800 0.3100 0.2300 0.0400 -
Capex 1 391 1,319 1,246 696 1,565 1,125
Capex / Sales 5.7% 19.74% 16.07% 10.59% 20.52% 15.34%
Announcement Date 3/29/19 5/29/20 3/31/21 3/31/22 4/1/23 5/1/24
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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