Financials Nu-World Holdings Limited

Equities

NWL

ZAE000005070

Appliances, Tools & Housewares

End-of-day quote Johannesburg S.E. 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
27.16 ZAR +0.04% Intraday chart for Nu-World Holdings Limited +0.15% +3.47%

Valuation

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Capitalization 1 768.3 864.5 462.5 580.9 599.8 602.4
Enterprise Value (EV) 1 775.7 860.4 355.6 140.5 336.8 136.1
P/E ratio 4.2 x 5.29 x 3.48 x 4.12 x 7.07 x 8.49 x
Yield 9.1% 7.21% 9.09% 9.22% 5.37% 4.48%
Capitalization / Revenue 0.26 x 0.29 x 0.18 x 0.25 x 0.28 x 0.32 x
EV / Revenue 0.26 x 0.28 x 0.14 x 0.06 x 0.16 x 0.07 x
EV / EBITDA 3.08 x 4.23 x 2.12 x 1.63 x 3.21 x -22.1 x
EV / FCF -14.4 x 22.7 x 1.88 x 0.41 x -1.68 x 1.27 x
FCF Yield -6.95% 4.41% 53.3% 246% -59.5% 78.7%
Price to Book 0.69 x 0.7 x 0.35 x 0.43 x 0.41 x 0.39 x
Nbr of stocks (in thousands) 21,341 21,613 21,513 21,513 21,513 21,513
Reference price 2 36.00 40.00 21.50 27.00 27.88 28.00
Announcement Date 12/11/18 12/2/19 11/28/20 11/26/21 10/26/22 11/29/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net sales 1 3,004 3,032 2,628 2,358 2,152 1,902
EBITDA 1 251.5 203.6 167.7 86.25 105 -6.172
EBIT 1 248.8 200.8 164.9 83.43 102.3 -8.569
Operating Margin 8.28% 6.62% 6.28% 3.54% 4.75% -0.45%
Earnings before Tax (EBT) 1 241.2 208.1 168.6 191.2 104.5 88.41
Net income 1 185.4 163.3 132.7 141 84.82 70.58
Net margin 6.17% 5.39% 5.05% 5.98% 3.94% 3.71%
EPS 2 8.578 7.567 6.170 6.552 3.943 3.299
Free Cash Flow 1 -53.93 37.93 189.4 345.1 -200.3 107.1
FCF margin -1.8% 1.25% 7.21% 14.64% -9.31% 5.63%
FCF Conversion (EBITDA) - 18.63% 112.92% 400.16% - -
FCF Conversion (Net income) - 23.23% 142.68% 244.84% - 151.74%
Dividend per Share 2 3.275 2.884 1.954 2.490 1.498 1.253
Announcement Date 12/11/18 12/2/19 11/28/20 11/26/21 10/26/22 11/29/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net Debt 1 7.46 - - - - -
Net Cash position 1 - 4.18 107 440 263 466
Leverage (Debt/EBITDA) 0.0297 x - - - - -
Free Cash Flow 1 -53.9 37.9 189 345 -200 107
ROE (net income / shareholders' equity) 17.2% 13.5% 9.88% 10.6% 6.03% 4.72%
ROA (Net income/ Total Assets) 10.5% 7.56% 6.05% 3.11% 3.82% -0.31%
Assets 1 1,765 2,159 2,195 4,540 2,222 -22,789
Book Value Per Share 2 52.40 57.00 61.10 63.00 67.50 71.80
Cash Flow per Share 2 5.810 9.150 8.700 23.90 15.70 24.50
Capex 1 2.23 3.25 2.34 3.99 0.98 2.76
Capex / Sales 0.07% 0.11% 0.09% 0.17% 0.05% 0.14%
Announcement Date 12/11/18 12/2/19 11/28/20 11/26/21 10/26/22 11/29/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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