Financials Easycall Communications Philippines, Inc.

Equities

ECP

PHY2235X1459

Integrated Telecommunications Services

End-of-day quote Philippines S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
2.06 PHP -7.21% Intraday chart for Easycall Communications Philippines, Inc. -7.21% -18.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,238 1,168 1,029 630 660 378
Enterprise Value (EV) 1 2,224 1,179 1,040 644.9 909.2 513.4
P/E ratio 40.6 x -97.4 x 190 x 35 x 19.1 x 31.5 x
Yield - - - - - -
Capitalization / Revenue 35.4 x 16.2 x 12.7 x 7.26 x 1.52 x 0.93 x
EV / Revenue 35.1 x 16.4 x 12.8 x 7.43 x 2.1 x 1.26 x
EV / EBITDA 637 x 172 x 74.5 x 49.1 x 14.4 x 11.8 x
EV / FCF 110 x 40.9 x -122 x -46 x -7.26 x 6.83 x
FCF Yield 0.91% 2.45% -0.82% -2.17% -13.8% 14.6%
Price to Book 11.4 x 6.41 x 5.55 x 3.12 x 2.42 x 1.34 x
Nbr of stocks (in thousands) 150,000 150,000 150,000 150,000 150,000 150,000
Reference price 2 14.92 7.790 6.860 4.200 4.400 2.520
Announcement Date 4/15/19 7/1/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 63.3 72.12 81.27 86.78 433.7 408.6
EBITDA 1 3.489 6.875 13.95 13.13 63.2 43.67
EBIT 1 0.4969 0.8795 6.106 4.473 47.84 22.15
Operating Margin 0.78% 1.22% 7.51% 5.15% 11.03% 5.42%
Earnings before Tax (EBT) 1 55.84 -10.95 6.726 19.05 40.54 16.27
Net income 1 55.17 -11.65 5.424 18.18 35.25 12.55
Net margin 87.16% -16.16% 6.67% 20.95% 8.13% 3.07%
EPS 2 0.3678 -0.0800 0.0362 0.1200 0.2300 0.0800
Free Cash Flow 1 20.19 28.84 -8.517 -14.02 -125.2 75.19
FCF margin 31.9% 39.98% -10.48% -16.15% -28.87% 18.4%
FCF Conversion (EBITDA) 578.7% 419.4% - - - 172.18%
FCF Conversion (Net income) 36.6% - - - - 599.3%
Dividend per Share - - - - - -
Announcement Date 4/15/19 7/1/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 10.7 10.6 14.9 249 135
Net Cash position 1 14 - - - - -
Leverage (Debt/EBITDA) - 1.554 x 0.7564 x 1.133 x 3.944 x 3.102 x
Free Cash Flow 1 20.2 28.8 -8.52 -14 -125 75.2
ROE (net income / shareholders' equity) 32.2% -6.03% 2.93% 9.32% 14.8% 4.49%
ROA (Net income/ Total Assets) 0.16% 0.23% 1.53% 1.09% 6.5% 2.22%
Assets 1 35,030 -4,974 355.4 1,676 541.9 566
Book Value Per Share 2 1.310 1.210 1.240 1.350 1.820 1.890
Cash Flow per Share 2 0.0900 0.1200 0.1200 0.0900 0.2400 0.3900
Capex 1 0.06 16.7 19.5 10.4 13 5.92
Capex / Sales 0.1% 23.2% 24.01% 12.02% 3% 1.45%
Announcement Date 4/15/19 7/1/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates
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