Financials National Feed Mill Limited

Equities

NFML

BD0640NFML03

Fishing & Farming

End-of-day quote Dhaka S.E. 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
13.5 BDT -2.17% Intraday chart for National Feed Mill Limited -1.46% -14.56%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,057 898.3 744.6 3,605 1,709 1,671
Enterprise Value (EV) 1 1,440 1,329 1,242 4,123 2,264 2,254
P/E ratio 23.3 x 71.5 x 50.6 x 215 x 223 x 891 x
Yield - - 2.3% 0.26% 0.55% -
Capitalization / Revenue 0.88 x 1.16 x 0.98 x 2.99 x 2.65 x 2.9 x
EV / Revenue 1.2 x 1.71 x 1.63 x 3.41 x 3.51 x 3.91 x
EV / EBITDA 11.2 x 15.4 x 12.1 x 51.2 x 34.2 x 35.9 x
EV / FCF 40.9 x -25.8 x -17.5 x -322 x -53.6 x -113 x
FCF Yield 2.44% -3.87% -5.7% -0.31% -1.87% -0.89%
Price to Book 0.99 x 0.83 x 0.68 x 3.29 x 1.55 x 1.52 x
Nbr of stocks (in thousands) 93,361 93,361 93,361 93,361 93,361 93,361
Reference price 2 11.32 9.621 7.976 38.61 18.30 17.90
Announcement Date 18-12-18 19-12-09 20-11-26 21-10-28 22-12-20 23-12-07
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 1,198 777.6 762.8 1,208 645.6 576.6
EBITDA 1 128.7 86.05 102.2 80.5 66.16 62.86
EBIT 1 108.2 67.12 84.28 63.98 50.92 48.97
Operating Margin 9.03% 8.63% 11.05% 5.3% 7.89% 8.49%
Earnings before Tax (EBT) 1 53.07 14.53 17.07 19.5 9.941 3.338
Net income 1 45.31 12.56 14.72 16.8 7.657 1.875
Net margin 3.78% 1.61% 1.93% 1.39% 1.19% 0.33%
EPS 2 0.4853 0.1345 0.1576 0.1800 0.0820 0.0201
Free Cash Flow 1 35.19 -51.42 -70.83 -12.79 -42.27 -19.98
FCF margin 2.94% -6.61% -9.29% -1.06% -6.55% -3.46%
FCF Conversion (EBITDA) 27.35% - - - - -
FCF Conversion (Net income) 77.66% - - - - -
Dividend per Share - - 0.1833 0.0990 0.1000 -
Announcement Date 18-12-18 19-12-09 20-11-26 21-10-28 22-12-20 23-12-07
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 382 430 497 518 556 583
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.972 x 5.001 x 4.865 x 6.434 x 8.397 x 9.272 x
Free Cash Flow 1 35.2 -51.4 -70.8 -12.8 -42.3 -20
ROE (net income / shareholders' equity) 4.35% 1.17% 1.36% 1.53% 0.7% 0.17%
ROA (Net income/ Total Assets) 4.15% 2.55% 3.1% 2.27% 1.78% 1.7%
Assets 1 1,091 492.5 474 738.7 429 110.2
Book Value Per Share 2 11.40 11.50 11.70 11.80 11.80 11.80
Cash Flow per Share 2 0.3000 0.0800 0.0600 0.1100 0.0400 0.0300
Capex 1 4.3 6.81 4.48 12.6 4.53 2.62
Capex / Sales 0.36% 0.88% 0.59% 1.05% 0.7% 0.45%
Announcement Date 18-12-18 19-12-09 20-11-26 21-10-28 22-12-20 23-12-07
1BDT in Million2BDT
Estimates
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