HILL & SMITH PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23.6 EUR | 0.00% |
|
-5.60% | 0.00% |
| 05-24 | HSBC cuts Aviva; Deutsche Bank cuts Ryanair | AN |
| 05-23 | Hill & Smith eyes profit to beat top end of analyst expectations | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,167 | 1,120 | 1,431 | 936.5 | 1,528 | 1,584 | - | - |
| Enterprise Value (EV) 1 | 1,382 | 1,267 | 1,576 | 1,056 | 1,636 | 1,669 | 1,628 | 1,580 |
| P/E ratio | 24.2 x | 47 x | 42.3 x | 16.5 x | 22.4 x | 18.3 x | 17 x | 16.1 x |
| Yield | 0.72% | 1.89% | 1.73% | 2.99% | 2.25% | 2.34% | 2.51% | 2.67% |
| Capitalization / Revenue | 1.68 x | 1.7 x | 2.03 x | 1.28 x | 1.84 x | 1.8 x | 1.72 x | 1.63 x |
| EV / Revenue | 1.99 x | 1.92 x | 2.23 x | 1.44 x | 1.97 x | 1.9 x | 1.77 x | 1.63 x |
| EV / EBITDA | 11.8 x | 13.8 x | 14.7 x | 7.89 x | 10.7 x | 10 x | 9.29 x | 8.54 x |
| EV / FCF | 41.9 x | 15.4 x | 30.5 x | 34.7 x | 15.6 x | 22 x | 19.9 x | 17.9 x |
| FCF Yield | 2.39% | 6.51% | 3.27% | 2.88% | 6.41% | 4.54% | 5.02% | 5.6% |
| Price to Book | 3.82 x | 3.52 x | 4.21 x | 2.39 x | 3.6 x | 3.37 x | 3.05 x | 2.76 x |
| Nbr of stocks (in thousands) | 79,221 | 79,455 | 79,675 | 79,906 | 80,059 | 80,312 | - | - |
| Reference price 2 | 14.73 | 14.10 | 17.96 | 11.72 | 19.08 | 19.72 | 19.72 | 19.72 |
| Announcement Date | 3/4/20 | 3/10/21 | 3/10/22 | 3/8/23 | 3/12/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 694.7 | 660.5 | 705 | 732.1 | 829.8 | 878.7 | 919.8 | 969.4 |
| EBITDA 1 | 117.6 | 91.8 | 106.9 | 133.9 | 152.7 | 166.5 | 175.2 | 184.9 |
| EBIT 1 | 86.3 | 69.9 | 86 | 103.9 | 122.5 | 132.1 | 140 | 150.2 |
| Operating Margin | 12.42% | 10.58% | 12.2% | 14.19% | 14.76% | 15.03% | 15.22% | 15.49% |
| Earnings before Tax (EBT) 1 | 61.8 | 35.5 | 50.9 | 69.3 | 93.2 | 114.8 | 125.6 | 132.6 |
| Net income 1 | 48.4 | 24 | 34.2 | 56.7 | 68.8 | 84.58 | 92.31 | 97.02 |
| Net margin | 6.97% | 3.63% | 4.85% | 7.74% | 8.29% | 9.63% | 10.04% | 10.01% |
| EPS 2 | 0.6080 | 0.3000 | 0.4250 | 0.7100 | 0.8500 | 1.076 | 1.160 | 1.226 |
| Free Cash Flow 1 | 33 | 82.5 | 51.6 | 30.4 | 104.8 | 75.82 | 81.8 | 88.43 |
| FCF margin | 4.75% | 12.49% | 7.32% | 4.15% | 12.63% | 8.63% | 8.89% | 9.12% |
| FCF Conversion (EBITDA) | 28.06% | 89.87% | 48.27% | 22.7% | 68.63% | 45.55% | 46.68% | 47.83% |
| FCF Conversion (Net income) | 68.18% | 343.75% | 150.88% | 53.62% | 152.33% | 89.64% | 88.62% | 91.15% |
| Dividend per Share 2 | 0.1060 | 0.2670 | 0.3100 | 0.3500 | 0.4300 | 0.4615 | 0.4946 | 0.5256 |
| Announcement Date | 3/4/20 | 3/10/21 | 3/10/22 | 3/8/23 | 3/12/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 354.2 | 350.8 | 349.9 | 420.8 | - | 433.8 | 453.1 |
| EBITDA | - | 58.9 | 48 | - | - | - | - | - |
| EBIT 1 | - | 42.5 | 43.5 | 43.6 | 62.5 | 60 | 67.8 | 68.3 |
| Operating Margin | - | 12% | 12.4% | 12.46% | 14.85% | - | 15.63% | 15.07% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | 15.7 | - | - | 26.2 | - | - | - | - |
| Net margin | - | - | - | 7.49% | - | - | - | - |
| EPS | 0.1960 | - | - | 0.2910 | - | - | - | - |
| Dividend per Share 2 | - | 0.1200 | 0.1900 | - | 0.1500 | 0.2800 | 0.1580 | 0.3000 |
| Announcement Date | 8/5/20 | 8/11/21 | 3/10/22 | 8/3/22 | 8/9/23 | 3/12/24 | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 215 | 146 | 145 | 120 | 108 | 85.5 | 44.6 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 4.05 |
| Leverage (Debt/EBITDA) | 1.831 x | 1.593 x | 1.354 x | 0.894 x | 0.7099 x | 0.5137 x | 0.2543 x | - |
| Free Cash Flow 1 | 33 | 82.5 | 51.6 | 30.4 | 105 | 75.8 | 81.8 | 88.4 |
| ROE (net income / shareholders' equity) | 21.3% | 16% | 18.8% | 20% | 20.6% | 20.1% | 19.5% | 17.9% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | 11.5% | 11.8% | 12.4% |
| Assets 1 | - | - | - | - | - | 738.3 | 781.9 | 781.2 |
| Book Value Per Share 2 | 3.860 | 4.010 | 4.270 | 4.910 | 5.310 | 5.850 | 6.460 | 7.150 |
| Cash Flow per Share 2 | 0.7700 | 1.150 | 0.8200 | 0.6200 | 1.600 | 1.440 | 1.540 | 1.620 |
| Capex 1 | 47.9 | 17.3 | 32.2 | 31.1 | 28.5 | 33.9 | 35.8 | 35.5 |
| Capex / Sales | 6.9% | 2.62% | 4.57% | 4.25% | 3.43% | 3.86% | 3.89% | 3.66% |
| Announcement Date | 3/4/20 | 3/10/21 | 3/10/22 | 3/8/23 | 3/12/24 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
19.72
GBP
Average target price
23.29
GBP
Spread / Average Target
+18.08%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -7.10% | 38.64B | |
| +21.29% | 23.73B | |
| -9.02% | 21.24B | |
| -23.72% | 20.7B | |
| +3.81% | 20.54B | |
| +7.67% | 19.99B | |
| +5.19% | 9.69B | |
| -21.13% | 8.56B | |
| -21.06% | 7.85B |
- Stock Market
- Equities
- HILS Stock
- 7HL Stock
- Financials Hill & Smith PLC
