Financials Aluminium Extrusion Industries Plc

Equities

ALEX

NGALEX000003

Aluminum

End-of-day quote Nigerian S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
7.15 NGN -.--% Intraday chart for Aluminium Extrusion Industries Plc -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,125 1,804 1,782 1,782 1,584 1,430
Enterprise Value (EV) 1 2,317 1,945 1,862 1,583 1,549 1,510
P/E ratio 25.5 x 21 x 27.9 x 11.9 x 23.1 x 29.5 x
Yield - - - - 0.69% -
Capitalization / Revenue 0.83 x 0.66 x 0.68 x 0.77 x 0.6 x 0.54 x
EV / Revenue 0.9 x 0.71 x 0.71 x 0.68 x 0.59 x 0.57 x
EV / EBITDA 11.5 x 9.91 x 10.5 x 11.1 x 13.2 x 13.6 x
EV / FCF 35 x 49.4 x 23.9 x 5.95 x -8.66 x -11.6 x
FCF Yield 2.86% 2.02% 4.19% 16.8% -11.6% -8.64%
Price to Book 1.33 x 1 x 0.96 x 0.89 x 0.66 x 0.58 x
Nbr of stocks (in thousands) 219,956 219,956 219,956 219,956 219,956 219,956
Reference price 2 9.660 8.200 8.100 8.100 7.200 6.500
Announcement Date 18-03-27 19-03-26 20-04-24 21-03-29 23-01-11 23-03-23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 2,569 2,725 2,607 2,328 2,635 2,637
EBITDA 1 200.6 196.4 176.8 142 117.5 110.9
EBIT 1 169.7 165.4 147 103.9 82.19 75.13
Operating Margin 6.61% 6.07% 5.64% 4.46% 3.12% 2.85%
Earnings before Tax (EBT) 1 124 128 113.6 103.9 99.48 86.09
Net income 1 83.4 86.9 63.95 149.4 66.94 48.53
Net margin 3.25% 3.19% 2.45% 6.42% 2.54% 1.84%
EPS 2 0.3792 0.3900 0.2907 0.6791 0.3112 0.2206
Free Cash Flow 1 66.18 39.39 77.93 265.8 -178.9 -130.4
FCF margin 2.58% 1.45% 2.99% 11.42% -6.79% -4.95%
FCF Conversion (EBITDA) 32.99% 20.06% 44.09% 187.2% - -
FCF Conversion (Net income) 79.36% 45.33% 121.86% 177.94% - -
Dividend per Share - - - - 0.0500 -
Announcement Date 18-03-27 19-03-26 20-04-24 21-03-29 23-01-11 23-03-23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 192 142 80.2 - - 80
Net Cash position 1 - - - 199 34.8 -
Leverage (Debt/EBITDA) 0.9567 x 0.7221 x 0.4537 x - - 0.7212 x
Free Cash Flow 1 66.2 39.4 77.9 266 -179 -130
ROE (net income / shareholders' equity) 5.33% 5.1% 3.49% 7.73% 3.04% 2%
ROA (Net income/ Total Assets) 4.72% 4.35% 3.69% 2.57% 1.91% 1.59%
Assets 1 1,769 1,999 1,732 5,802 3,513 3,045
Book Value Per Share 2 7.250 8.230 8.430 9.150 10.90 11.10
Cash Flow per Share 2 0.0500 0.1000 0.0600 0.9000 0.1600 0.2300
Capex 1 155 37.4 12.7 8.13 9.04 44.1
Capex / Sales 6.02% 1.37% 0.49% 0.35% 0.34% 1.67%
Announcement Date 18-03-27 19-03-26 20-04-24 21-03-29 23-01-11 23-03-23
1NGN in Million2NGN
Estimates
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