Financials Bangladesh Thai Aluminium Limited

Equities

BDTHAI

BD0219BDTHI1

Aluminum

End-of-day quote Dhaka S.E. 18:00:00 2024-05-15 EDT 5-day change 1st Jan Change
20.1 BDT -2.43% Intraday chart for Bangladesh Thai Aluminium Limited -11.45% -27.96%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,620 2,221 1,241 3,156 2,300 1,904
Enterprise Value (EV) 1 3,949 3,664 2,766 4,764 3,968 3,526
P/E ratio 22.3 x 31.8 x 47.4 x 19.7 x 956 x -28.6 x
Yield - - 3% 0.81% - -
Capitalization / Revenue 1.63 x 1.83 x 1.63 x 2.62 x 1.97 x 2.04 x
EV / Revenue 2.46 x 3.02 x 3.63 x 3.96 x 3.4 x 3.77 x
EV / EBITDA 11.6 x 12.3 x 11 x 11.3 x 18.5 x 25 x
EV / FCF -15.1 x -89.3 x -17 x -67.6 x -50.3 x 49.1 x
FCF Yield -6.64% -1.12% -5.88% -1.48% -1.99% 2.04%
Price to Book 0.8 x 0.65 x 0.36 x 0.88 x 0.64 x 0.54 x
Nbr of stocks (in thousands) 127,775 127,775 127,775 127,775 127,775 127,775
Reference price 2 20.50 17.38 9.709 24.70 18.00 14.90
Announcement Date 12/1/19 12/1/19 11/16/20 12/8/21 12/26/22 11/15/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net sales 1 1,604 1,212 762.4 1,204 1,167 934.9
EBITDA 1 340.6 298.6 252.1 420.7 214.6 141.2
EBIT 1 251.1 207.5 166.3 339.9 134.3 63.24
Operating Margin 15.65% 17.12% 21.82% 28.24% 11.5% 6.76%
Earnings before Tax (EBT) 1 156.9 92.98 45.73 211.3 4.286 -58.31
Net income 1 117.7 69.73 26.19 160.3 2.406 -66.61
Net margin 7.34% 5.75% 3.44% 13.32% 0.21% -7.12%
EPS 2 0.9212 0.5458 0.2050 1.255 0.0188 -0.5213
Free Cash Flow 1 -262.3 -41.04 -162.7 -70.44 -78.92 71.89
FCF margin -16.35% -3.39% -21.35% -5.85% -6.76% 7.69%
FCF Conversion (EBITDA) - - - - - 50.9%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.2913 0.2000 - -
Announcement Date 12/1/19 12/1/19 11/16/20 12/8/21 12/26/22 11/15/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 1,330 1,444 1,526 1,608 1,668 1,623
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.904 x 4.834 x 6.053 x 3.822 x 7.773 x 11.49 x
Free Cash Flow 1 -262 -41 -163 -70.4 -78.9 71.9
ROE (net income / shareholders' equity) 3.61% 2.08% 0.77% 4.57% 0.07% -1.86%
ROA (Net income/ Total Assets) 2.94% 2.33% 1.81% 3.57% 1.38% 0.65%
Assets 1 4,003 2,998 1,447 4,491 174.1 -10,171
Book Value Per Share 2 25.60 26.60 26.80 28.10 28.30 27.80
Cash Flow per Share 2 0.8600 0.8400 0.3200 0.2600 0.3400 0.2200
Capex 1 179 56.1 83.5 39 96.9 26.4
Capex / Sales 11.13% 4.63% 10.96% 3.24% 8.31% 2.82%
Announcement Date 12/1/19 12/1/19 11/16/20 12/8/21 12/26/22 11/15/23
1BDT in Million2BDT
Estimates
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