Financials Founder Holdings Limited

Equities

418

BMG3654D1074

IT Services & Consulting

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 EDT 5-day change 1st Jan Change
0.55 HKD -8.33% Intraday chart for Founder Holdings Limited +11.11% +37.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 443.9 533.9 455.9 1,032 479.9 479.9
Enterprise Value (EV) 1 32.09 36.6 -123.2 395.4 -277.9 -290.9
P/E ratio 5.08 x -2.24 x 8.46 x 23.7 x 13.8 x 8.03 x
Yield - - - - - -
Capitalization / Revenue 0.42 x 0.5 x 0.49 x 0.96 x 0.5 x 0.49 x
EV / Revenue 0.03 x 0.03 x -0.13 x 0.37 x -0.29 x -0.3 x
EV / EBITDA 3.66 x -0.09 x -12.1 x -36.7 x -2.11 x -9.78 x
EV / FCF -0.79 x 0.21 x -323 x -92.7 x -4.06 x 7.49 x
FCF Yield -126% 472% -0.31% -1.08% -24.6% 13.4%
Price to Book 0.37 x 0.57 x 0.44 x 0.94 x 0.46 x 0.44 x
Nbr of stocks (in thousands) 1,199,747 1,199,747 1,199,747 1,199,747 1,199,747 1,199,747
Reference price 2 0.3700 0.4450 0.3800 0.8600 0.4000 0.4000
Announcement Date 19-04-18 20-04-22 21-04-15 22-04-14 23-04-20 24-04-18
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,059 1,058 936.5 1,074 957.6 982
EBITDA 1 8.778 -406.1 10.21 -10.78 131.9 29.74
EBIT 1 -9.1 -425.3 -8.659 -30.96 112.7 13.19
Operating Margin -0.86% -40.18% -0.92% -2.88% 11.77% 1.34%
Earnings before Tax (EBT) 1 88.48 -349.5 52.23 43.2 154.2 58.05
Net income 1 87.34 -238.8 53.9 43.48 34.75 59.76
Net margin 8.25% -22.56% 5.75% 4.05% 3.63% 6.08%
EPS 2 0.0728 -0.1990 0.0449 0.0362 0.0290 0.0498
Free Cash Flow 1 -40.6 172.8 0.3809 -4.264 68.44 -38.84
FCF margin -3.83% 16.32% 0.04% -0.4% 7.15% -3.96%
FCF Conversion (EBITDA) - - 3.73% - 51.9% -
FCF Conversion (Net income) - - 0.71% - 196.94% -
Dividend per Share - - - - - -
Announcement Date 19-04-18 20-04-22 21-04-15 22-04-14 23-04-20 24-04-18
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 412 497 579 636 758 771
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -40.6 173 0.38 -4.26 68.4 -38.8
ROE (net income / shareholders' equity) 7.53% -22.5% 5.42% 4.06% 3.24% 5.56%
ROA (Net income/ Total Assets) -0.31% -16% -0.36% -1.26% 4.62% 0.56%
Assets 1 -27,912 1,491 -15,063 -3,463 752.4 10,694
Book Value Per Share 2 0.9900 0.7800 0.8700 0.9100 0.8800 0.9200
Cash Flow per Share 2 0.4600 0.4600 0.3000 0.5000 0.6100 0.6200
Capex 1 17.4 4.33 3.83 9.91 5.18 2.43
Capex / Sales 1.64% 0.41% 0.41% 0.92% 0.54% 0.25%
Announcement Date 19-04-18 20-04-22 21-04-15 22-04-14 23-04-20 24-04-18
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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