Financials Justin Allen Holdings Limited

Equities

1425

KYG5211W1069

Apparel & Accessories

Market Closed - Hong Kong S.E. 04:08:42 2024-06-28 EDT 5-day change 1st Jan Change
0.61 HKD -1.61% Intraday chart for Justin Allen Holdings Limited +3.39% +3.39%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 500 493.8 593.8 762.5 737.5
Enterprise Value (EV) 1 485.6 334.7 404.7 452.7 288.1
P/E ratio 7.27 x 4.68 x 3.75 x 4.42 x 4.2 x
Yield 5.7% 9.11% 12.4% 7.21% 8.22%
Capitalization / Revenue 0.71 x 0.58 x 0.5 x 0.62 x 0.66 x
EV / Revenue 0.69 x 0.39 x 0.34 x 0.37 x 0.26 x
EV / EBITDA 4.06 x 2.21 x 1.98 x 1.62 x 1.17 x
EV / FCF 7.55 x 2.38 x 13.6 x 2.4 x 1.35 x
FCF Yield 13.3% 41.9% 7.37% 41.6% 73.9%
Price to Book 1.59 x 1.22 x 1.13 x 1.24 x 1.02 x
Nbr of stocks (in thousands) 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000
Reference price 2 0.4000 0.3950 0.4750 0.6100 0.5900
Announcement Date 5/13/20 4/26/21 5/12/22 4/27/23 4/30/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 608.4 701.3 857.4 1,182 1,221 1,114
EBITDA 1 87.89 119.7 151.1 204.2 280.2 245.3
EBIT 1 76.97 108.4 139.2 191.6 267.5 231.4
Operating Margin 12.65% 15.46% 16.24% 16.21% 21.92% 20.77%
Earnings before Tax (EBT) 1 55.36 72.7 133.9 195.6 219.8 216.6
Net income 1 37.16 52.4 105.6 158.3 172.6 175.4
Net margin 6.11% 7.47% 12.32% 13.4% 14.13% 15.74%
EPS 2 0.0443 0.0550 0.0845 0.1267 0.1380 0.1403
Free Cash Flow 1 47.42 64.36 140.4 29.83 188.5 213
FCF margin 7.79% 9.18% 16.37% 2.52% 15.44% 19.12%
FCF Conversion (EBITDA) 53.96% 53.78% 92.9% 14.61% 67.29% 86.85%
FCF Conversion (Net income) 127.6% 122.82% 132.94% 18.84% 109.26% 121.44%
Dividend per Share - 0.0228 0.0360 0.0590 0.0440 0.0485
Announcement Date 11/19/19 5/13/20 4/26/21 5/12/22 4/27/23 4/30/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 119 - - - - -
Net Cash position 1 - 14.4 159 189 310 449
Leverage (Debt/EBITDA) 1.353 x - - - - -
Free Cash Flow 1 47.4 64.4 140 29.8 189 213
ROE (net income / shareholders' equity) 17.1% 20.3% 27.6% 32.2% 29.4% 25.9%
ROA (Net income/ Total Assets) 10.4% 12.9% 15.2% 17.5% 20.7% 16.4%
Assets 1 359.1 404.7 695.7 905.2 833 1,069
Book Value Per Share 2 1,993 0.2500 0.3200 0.4200 0.4900 0.5800
Cash Flow per Share 2 346.0 0.1100 0.0700 0.0800 0.1300 0.2800
Capex 1 4.44 9.22 7.29 8.03 9.03 7.88
Capex / Sales 0.73% 1.32% 0.85% 0.68% 0.74% 0.71%
Announcement Date 11/19/19 5/13/20 4/26/21 5/12/22 4/27/23 4/30/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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