Financials Nairobi Securities Exchange Plc

Equities

NSE

KE3000009674

Financial & Commodity Market Operators

End-of-day quote Nairobi S.E. 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
5.86 KES 0.00% Intraday chart for Nairobi Securities Exchange Plc -2.33% -2.66%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,776 3,205 2,118 2,076 1,759 1,562
Enterprise Value (EV) 1 3,083 2,680 1,307 1,292 1,417 1,231
P/E ratio 19.8 x 40.6 x 12.6 x 15.9 x 127 x 85.2 x
Yield 1.99% 0.65% 6.5% 5% 2.95% 2.66%
Capitalization / Revenue 5 x 4.63 x 3.22 x 2.96 x 2.78 x 2.45 x
EV / Revenue 4.08 x 3.87 x 1.99 x 1.84 x 2.24 x 1.93 x
EV / EBITDA 13.2 x 17.1 x 5.56 x 5.37 x 10.7 x 12.6 x
EV / FCF 28.5 x 24.5 x 6.33 x 7.2 x -253 x 36.7 x
FCF Yield 3.5% 4.09% 15.8% 13.9% -0.4% 2.73%
Price to Book 1.8 x 1.58 x 0.97 x 1.01 x 0.94 x 0.84 x
Nbr of stocks (in thousands) 259,501 259,501 259,501 259,501 259,501 259,501
Reference price 2 14.55 12.35 8.160 8.000 6.780 6.020
Announcement Date 19-05-22 20-03-27 21-03-26 22-03-29 23-06-14 24-05-06
1KES in Million2KES
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 755.1 691.8 658.4 702.2 633.3 636.8
EBITDA 1 233.1 156.7 235.1 240.8 132 97.48
EBIT 1 212.4 128.9 201.6 211.3 105.8 79.94
Operating Margin 28.13% 18.64% 30.61% 30.09% 16.71% 12.55%
Earnings before Tax (EBT) 1 240.8 104.5 218.9 210.9 37.8 42.33
Net income 1 190.7 78.92 167.8 130.5 13.88 18.4
Net margin 25.25% 11.41% 25.48% 18.59% 2.19% 2.89%
EPS 2 0.7348 0.3041 0.6466 0.5020 0.0533 0.0707
Free Cash Flow 1 108 109.6 206.4 179.6 -5.601 33.55
FCF margin 14.3% 15.84% 31.35% 25.57% -0.88% 5.27%
FCF Conversion (EBITDA) 46.34% 69.93% 87.79% 74.57% - 34.41%
FCF Conversion (Net income) 56.64% 138.84% 123.01% 137.58% - 182.29%
Dividend per Share 2 0.2900 0.0800 0.5300 0.4000 0.2000 0.1600
Announcement Date 19-05-22 20-03-27 21-03-26 22-03-29 23-06-14 24-05-06
1KES in Million2KES
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 693 525 810 784 342 331
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 108 110 206 180 -5.6 33.5
ROE (net income / shareholders' equity) 9.28% 3.83% 7.85% 6.2% 0.69% 0.98%
ROA (Net income/ Total Assets) 6.14% 3.61% 5.53% 5.83% 3.11% 2.46%
Assets 1 3,108 2,184 3,034 2,237 445.7 748.1
Book Value Per Share 2 8.080 7.820 8.380 7.950 7.220 7.180
Cash Flow per Share 2 0.8800 1.320 1.550 1.440 0.3000 0.3500
Capex 1 40.8 29.8 9.92 5.53 7.56 2.08
Capex / Sales 5.41% 4.31% 1.51% 0.79% 1.19% 0.33%
Announcement Date 19-05-22 20-03-27 21-03-26 22-03-29 23-06-14 24-05-06
1KES in Million2KES
Estimates
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