Financials FAR Chemical Industries Limited

Equities

FARCHEM

BD0490FCIL03

Specialty Chemicals

End-of-day quote Dhaka S.E. 18:00:00 2024-06-12 EDT 5-day change 1st Jan Change
18.4 BDT -0.54% Intraday chart for FAR Chemical Industries Limited -5.64% -34.75%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,848 2,577 2,137 2,595 2,443 2,464
Enterprise Value (EV) 1 2,825 2,532 2,129 2,545 2,976 3,634
P/E ratio 10.7 x 12.3 x 29.6 x -76.1 x -29 x -10.1 x
Yield - - 1.02% 0.84% - -
Capitalization / Revenue 2.13 x 2.17 x 2.82 x 4.39 x 70 x 4.54 x
EV / Revenue 2.11 x 2.13 x 2.81 x 4.3 x 85.3 x 6.7 x
EV / EBITDA 8.47 x 9.37 x 16.6 x 129 x -73 x -40.8 x
EV / FCF -28.8 x -45.4 x -33.2 x 32.4 x -5.24 x -6.75 x
FCF Yield -3.47% -2.2% -3.01% 3.09% -19.1% -14.8%
Price to Book 1.03 x 0.87 x 0.7 x 0.87 x 0.93 x 1.03 x
Nbr of stocks (in thousands) 218,093 218,093 218,093 218,093 218,093 218,093
Reference price 2 13.06 11.82 9.800 11.90 11.20 11.30
Announcement Date 18-08-29 19-12-05 20-10-28 21-10-31 22-11-24 23-11-22
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 1,337 1,187 756.7 591.7 34.87 542.6
EBITDA 1 333.4 270.3 128.3 19.73 -40.76 -89.11
EBIT 1 267 209.6 73.03 -30.52 -86.52 -220.3
Operating Margin 19.97% 17.66% 9.65% -5.16% -248.1% -40.6%
Earnings before Tax (EBT) 1 266.7 209.2 72.14 -30.95 -79.05 -239.9
Net income 1 266.7 209.2 72.14 -34.13 -84.2 -244.9
Net margin 19.94% 17.63% 9.53% -5.77% -241.45% -45.13%
EPS 2 1.223 0.9590 0.3308 -0.1565 -0.3861 -1.123
Free Cash Flow 1 -98.08 -55.77 -64.18 78.61 -568.2 -538.5
FCF margin -7.33% -4.7% -8.48% 13.29% -1,629.44% -99.25%
FCF Conversion (EBITDA) - - - 398.36% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.1000 0.1000 - -
Announcement Date 18-08-29 19-12-05 20-10-28 21-10-31 22-11-24 23-11-22
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 533 1,170
Net Cash position 1 23 45.7 8.59 50.7 - -
Leverage (Debt/EBITDA) - - - - -13.08 x -13.13 x
Free Cash Flow 1 -98.1 -55.8 -64.2 78.6 -568 -538
ROE (net income / shareholders' equity) 10.1% 7.29% 2.4% -1.13% -2.99% -9.73%
ROA (Net income/ Total Assets) 6.23% 4.49% 1.49% -0.61% -1.63% -3.76%
Assets 1 4,284 4,659 4,832 5,635 5,182 6,521
Book Value Per Share 2 12.70 13.60 14.00 13.70 12.10 11.00
Cash Flow per Share 2 0.1000 0.2100 0.0500 1.140 1.220 0.5500
Capex 1 313 232 143 440 1,172 84.1
Capex / Sales 23.39% 19.53% 18.94% 74.38% 3,359.72% 15.5%
Announcement Date 18-08-29 19-12-05 20-10-28 21-10-31 22-11-24 23-11-22
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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