Financials Equity Two PLC

Equities

ETWO.N0000

LK0228N00003

Real Estate Development & Operations

End-of-day quote Colombo S.E. 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
39.9 LKR +4.72% Intraday chart for Equity Two PLC +4.72% +5.00%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 2,223 1,643 1,404 1,680 1,178 1,178
Enterprise Value (EV) 1 2,183 1,619 1,325 1,669 1,058 1,166
P/E ratio 16.7 x 8.64 x 17.1 x 14.5 x 11.3 x 11.6 x
Yield 3.14% 2.83% 1.88% 1.2% 1.71% 1.32%
Capitalization / Revenue 16.3 x 11.4 x 9.94 x 13.4 x 8.82 x 8.06 x
EV / Revenue 16.1 x 11.3 x 9.38 x 13.3 x 7.92 x 7.98 x
EV / EBITDA - - - - - -
EV / FCF 26.7 x 73.1 x 40.5 x -32.2 x 9.88 x 18.1 x
FCF Yield 3.74% 1.37% 2.47% -3.1% 10.1% 5.51%
Price to Book 2.09 x 1.36 x 1.09 x 1.24 x 0.82 x 0.78 x
Nbr of stocks (in thousands) 31,000 31,000 31,000 31,000 31,000 31,000
Reference price 2 71.70 53.00 45.30 54.20 38.00 38.00
Announcement Date 18-05-23 19-05-22 20-08-12 21-07-02 22-06-06 23-06-06
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 136 143.6 141.3 125.3 133.6 146.1
EBITDA - - - - - -
EBIT 1 106 103.5 97.09 84.54 85.54 80.56
Operating Margin 77.99% 72.04% 68.73% 67.5% 64.05% 55.13%
Earnings before Tax (EBT) 1 316.8 264.7 110.1 91.3 138.1 250.1
Net income 1 132.8 190.1 82.05 116.1 104.4 101.5
Net margin 97.7% 132.32% 58.09% 92.69% 78.16% 69.45%
EPS 2 4.285 6.131 2.647 3.745 3.367 3.274
Free Cash Flow 1 81.64 22.16 32.74 -51.79 107 64.24
FCF margin 60.05% 15.43% 23.18% -41.35% 80.12% 43.97%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 61.46% 11.66% 39.9% - 102.51% 63.3%
Dividend per Share 2 2.250 1.500 0.8500 0.6500 0.6500 0.5000
Announcement Date 18-05-23 19-05-22 20-08-12 21-07-02 22-06-06 23-06-06
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 39.3 24 79.1 11.2 120 12.2
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 81.6 22.2 32.7 -51.8 107 64.2
ROE (net income / shareholders' equity) 12.9% 16.7% 6.57% 8.77% 7.45% 6.87%
ROA (Net income/ Total Assets) 5.14% 4.19% 3.52% 3.04% 3.05% 2.65%
Assets 1 2,586 4,540 2,330 3,823 3,426 3,826
Book Value Per Share 2 34.30 38.90 41.60 43.80 46.60 48.80
Cash Flow per Share 2 0.4300 0.6600 3.290 0.2200 2.470 0.3900
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 18-05-23 19-05-22 20-08-12 21-07-02 22-06-06 23-06-06
1LKR in Million2LKR
Estimates
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