Company Valuation: Afrimat Limited

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,154 8,160 9,484 9,105 5,768 4,259 - -
Change - -10.86% 16.23% -3.99% -36.65% -26.16% - -
Enterprise Value (EV) 1 9,154 8,160 9,546 10,741 7,912 5,668 4,881 4,080
Change - -10.86% 16.99% 12.52% -26.34% -28.36% -13.89% -16.41%
P/E 12.2x - 12.2x 96.5x 47.8x 7.31x 4.96x 4.31x
PBR - - 2.09x 2.1x 1.31x 0.9x 0.81x 0.73x
PEG - - - -1.1x 1.7x 0x 0.1x 0.3x
Capitalization / Revenue - 1.66x 1.56x 1.09x 0.58x 0.41x 0.37x 0.36x
EV / Revenue - 1.66x 1.57x 1.29x 0.79x 0.54x 0.43x 0.34x
EV / EBITDA - 6.17x 6.27x 9.83x 6.58x 3.21x 2.34x 1.83x
EV / EBIT - 8.49x 8.28x 22.5x 15.1x 5.29x 3.55x 2.69x
EV / FCF - - 17.6x -30.4x 13,365x 7.73x 4.98x 3.67x
FCF Yield - - 5.68% -3.29% 0.01% 12.9% 20.1% 27.3%
Dividend per Share 2 - 1.5 1.94 0.25 0.33 0.98 1.63 1.86
Rate of return - 2.78% 3.1% 0.42% 0.87% 3.5% 5.82% 6.64%
EPS 2 5.466 - 5.144 0.622 0.793 3.83 5.64 6.49
Distribution rate - - 37.7% 40.2% 41.6% 25.6% 28.9% 28.7%
Net sales 1 - 4,908 6,083 8,318 10,009 10,455 11,481 11,966
EBITDA 1 - 1,322 1,522 1,093 1,202 1,763 2,082 2,234
EBIT 1 - 961.6 1,152 477.7 523.7 1,072 1,377 1,514
Net income 1 772.7 - - - - 575 853 984
Net Debt 1 - - 62.12 1,636 2,144 1,409 622 -179
Reference price 2 66.50 53.88 62.64 60.05 37.92 28.00 28.00 28.00
Nbr of stocks (in thousands) 137,657 151,441 151,401 151,624 152,106 152,101 - -
Announcement Date 5/18/22 5/17/23 5/15/24 5/15/25 6/11/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.36x2.63x10.39x2.66% 48.51B
30.03x3.76x13.26x-.--% 17.83B
10.96x0.5x2.18x4.69% 13.14B
12.35x3.36x6.87x6.03% 12.86B
46.53x3.58x17.25x0.64% 9.16B
8.67x1.26x4.9x1.9% 8.21B
23.41x7.68x14.26x4.11% 7.94B
16.31x3.41x10.96x0.48% 6.35B
13.84x1.4x5.43x2.56% 6B
Average 20.16x 3.06x 9.50x 2.57% 14.45B
Weighted average by Cap. 20.36x 2.91x 9.78x 2.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield