Financials EMCO Industries Limited

Equities

EMCO

PK0028301015

Electrical Components & Equipment

End-of-day quote Pakistan S.E. 18:00:00 2024-06-11 EDT 5-day change 1st Jan Change
27.56 PKR -5.78% Intraday chart for EMCO Industries Limited -5.78% -25.53%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 603.7 753.5 744.8 1,570 903 1,050
Enterprise Value (EV) 1 1,517 1,667 1,532 2,391 1,927 2,602
P/E ratio 16.8 x 5.21 x 6.32 x 7.78 x 4.16 x 3.58 x
Yield - - - 2.23% 1.94% 1.67%
Capitalization / Revenue 0.52 x 0.54 x 0.47 x 0.77 x 0.35 x 0.3 x
EV / Revenue 1.31 x 1.2 x 0.96 x 1.17 x 0.75 x 0.73 x
EV / EBITDA 18.2 x 5.55 x 4.64 x 5.54 x 4.29 x 3.3 x
EV / FCF -5.3 x 60 x 18.9 x -53 x -9.91 x -4.39 x
FCF Yield -18.9% 1.67% 5.28% -1.89% -10.1% -22.8%
Price to Book 0.59 x 0.65 x 0.51 x 0.76 x 0.36 x 0.38 x
Nbr of stocks (in thousands) 35,000 35,000 35,000 35,000 35,000 35,000
Reference price 2 17.25 21.53 21.28 44.86 25.80 30.00
Announcement Date 18-09-19 19-08-23 20-08-28 21-09-03 22-09-16 23-09-19
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 1,159 1,386 1,598 2,035 2,586 3,546
EBITDA 1 83.19 300.3 329.9 432 449.7 788
EBIT 1 1.031 228.3 255 334.7 350.8 644.4
Operating Margin 0.09% 16.47% 15.96% 16.44% 13.56% 18.18%
Earnings before Tax (EBT) 1 -24.93 138.7 163.1 279.8 277.9 419.9
Net income 1 35.95 144.5 117.9 201.9 216.9 292.9
Net margin 3.1% 10.43% 7.38% 9.92% 8.39% 8.26%
EPS 2 1.027 4.130 3.369 5.769 6.197 8.369
Free Cash Flow 1 -286.5 27.77 80.86 -45.08 -194.4 -592.3
FCF margin -24.71% 2% 5.06% -2.21% -7.52% -16.71%
FCF Conversion (EBITDA) - 9.25% 24.51% - - -
FCF Conversion (Net income) - 19.21% 68.59% - - -
Dividend per Share - - - 1.000 0.5000 0.5000
Announcement Date 18-09-19 19-08-23 20-08-28 21-09-03 22-09-16 23-09-19
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 914 913 787 821 1,024 1,552
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.98 x 3.041 x 2.385 x 1.901 x 2.277 x 1.97 x
Free Cash Flow 1 -286 27.8 80.9 -45.1 -194 -592
ROE (net income / shareholders' equity) 3.58% 13.2% 8.93% 11.4% 9.48% 11.1%
ROA (Net income/ Total Assets) 0.03% 5.94% 6.19% 6.78% 5.68% 8.41%
Assets 1 135,660 2,434 1,904 2,977 3,819 3,485
Book Value Per Share 2 29.00 33.30 42.10 59.20 71.60 79.60
Cash Flow per Share 2 0.2900 0.1500 1.260 1.160 0.4500 0.5300
Capex 1 59.7 75 77.5 176 214 554
Capex / Sales 5.15% 5.41% 4.85% 8.62% 8.26% 15.64%
Announcement Date 18-09-19 19-08-23 20-08-28 21-09-03 22-09-16 23-09-19
1PKR in Million2PKR
Estimates
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