Financials Lasco Distributors Limited

Equities

LASD

JMP6209P1033

Diversified Industrial Goods Wholesale

End-of-day quote JAMAICA STOCK EXCHANGE 18:00:00 2024-05-08 EDT 5-day change 1st Jan Change
5.19 JMD -0.19% Intraday chart for Lasco Distributors Limited +2.37% +38.40%

Valuation

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Capitalization 1 14,120 13,503 10,454 14,394 12,287 9,128
Enterprise Value (EV) 1 12,543 12,535 9,012 12,165 9,943 6,327
P/E ratio 13.9 x 22.1 x 14 x 15.9 x 12.1 x 6.75 x
Yield 1.11% 3.04% 1.44% 1.24% 1.86% 3.46%
Capitalization / Revenue 0.87 x 0.74 x 0.54 x 0.71 x 0.53 x 0.34 x
EV / Revenue 0.77 x 0.69 x 0.46 x 0.6 x 0.43 x 0.24 x
EV / EBITDA 10.9 x 15 x 9.11 x 9.55 x 7.16 x 3.63 x
EV / FCF 16.4 x -17.3 x 13.4 x 14.7 x 82.2 x 15.1 x
FCF Yield 6.1% -5.77% 7.47% 6.81% 1.22% 6.63%
Price to Book 3.09 x 2.6 x 1.83 x 2.22 x 1.69 x 1.09 x
Nbr of stocks (in thousands) 3,486,361 3,507,260 3,507,925 3,510,703 3,510,703 3,510,703
Reference price 2 4.050 3.850 2.980 4.100 3.500 2.600
Announcement Date 18-05-30 19-05-30 20-05-29 21-05-28 22-05-27 23-05-29
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 16,269 18,131 19,496 20,286 23,337 26,559
EBITDA 1 1,150 833.5 989.1 1,274 1,389 1,741
EBIT 1 1,058 686.7 824.4 1,098 1,238 1,591
Operating Margin 6.51% 3.79% 4.23% 5.41% 5.31% 5.99%
Earnings before Tax (EBT) 1 1,079 691.9 818.3 1,116 1,267 1,621
Net income 1 1,004 597.8 725.8 909.5 1,016 1,354
Net margin 6.17% 3.3% 3.72% 4.48% 4.36% 5.1%
EPS 2 0.2919 0.1746 0.2127 0.2583 0.2895 0.3853
Free Cash Flow 1 765.4 -723.3 672.8 828.8 121 419.1
FCF margin 4.7% -3.99% 3.45% 4.09% 0.52% 1.58%
FCF Conversion (EBITDA) 66.56% - 68.02% 65.05% 8.71% 24.08%
FCF Conversion (Net income) 76.25% - 92.71% 91.12% 11.9% 30.97%
Dividend per Share 2 0.0450 0.1170 0.0430 0.0510 0.0650 0.0900
Announcement Date 18-05-30 19-05-30 20-05-29 21-05-28 22-05-27 23-05-29
1JMD in Million2JMD
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,576 968 1,442 2,229 2,344 2,801
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 765 -723 673 829 121 419
ROE (net income / shareholders' equity) 23.3% 12.3% 13.3% 14.9% 14.8% 17.2%
ROA (Net income/ Total Assets) 8.32% 5% 5.79% 6.87% 6.65% 7.7%
Assets 1 12,067 11,944 12,536 13,235 15,275 17,583
Book Value Per Share 2 1.310 1.480 1.630 1.840 2.080 2.390
Cash Flow per Share 2 0.4900 0.3700 0.4200 0.5800 0.5600 0.6400
Capex 1 225 472 233 109 56 247
Capex / Sales 1.38% 2.6% 1.19% 0.54% 0.24% 0.93%
Announcement Date 18-05-30 19-05-30 20-05-29 21-05-28 22-05-27 23-05-29
1JMD in Million2JMD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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