Financials Ocado Group plc

Equities

OCDO

GB00B3MBS747

Department Stores

Market Closed - London S.E. 11:35:20 2024-06-14 EDT 5-day change 1st Jan Change
357.3 GBX +1.77% Intraday chart for Ocado Group plc -1.38% -52.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,339 16,442 12,053 5,467 4,860 2,930 - -
Enterprise Value (EV) 1 8,196 15,753 12,413 6,044 5,935 4,364 4,638 4,806
P/E ratio -40.7 x -127 x -53.9 x -11.4 x -15.5 x -8.36 x -9.59 x -11.2 x
Yield - - - - - - - -
Capitalization / Revenue 4.75 x 7.05 x 4.82 x 2.17 x 1.72 x 0.97 x 0.89 x 0.82 x
EV / Revenue 4.67 x 6.76 x 4.97 x 2.4 x 2.1 x 1.44 x 1.4 x 1.34 x
EV / EBITDA 189 x 215 x 203 x -81.6 x 110 x 31.6 x 20 x 14.2 x
EV / FCF -39.4 x -52.5 x -17.8 x -7.77 x -13.1 x -13.9 x -15.5 x -13.4 x
FCF Yield -2.54% -1.91% -5.61% -12.9% -7.65% -7.18% -6.45% -7.46%
Price to Book 8.26 x 9.44 x 7.7 x 3.01 x - 2.58 x 3.47 x 5.48 x
Nbr of stocks (in thousands) 698,382 737,627 741,032 815,450 817,943 820,059 - -
Reference price 2 11.94 22.29 16.26 6.704 5.942 3.573 3.573 3.573
Announcement Date 2/11/20 2/9/21 2/8/22 2/28/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,757 2,332 2,499 2,514 2,825 3,022 3,305 3,583
EBITDA 1 43.3 73.1 61 -74.1 54.2 138.2 232.5 338.4
EBIT 1 -92.8 -95.8 -177.4 -422.7 -351 -276.3 -204.5 -147.4
Operating Margin -5.28% -4.11% -7.1% -16.82% -12.42% -9.14% -6.19% -4.12%
Earnings before Tax (EBT) 1 -214.5 -44 -176.9 -500.8 -403.2 -358.9 -306.7 -250.8
Net income 1 -213.1 -126 -223.2 -455.5 -314 -353.3 -323.7 -309
Net margin -12.13% -5.4% -8.93% -18.12% -11.12% -11.69% -9.79% -8.62%
EPS 2 -0.2937 -0.1755 -0.3018 -0.5893 -0.3844 -0.4272 -0.3726 -0.3190
Free Cash Flow 1 -207.9 -300.2 -696.4 -778 -454.2 -313.5 -299 -358.5
FCF margin -11.84% -12.87% -27.87% -30.95% -16.08% -10.37% -9.05% -10%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/11/20 2/9/21 2/8/22 2/28/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 Q3 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 874.3 1,087 1,245 1,320 1,179 1,262 531.5 1,371 1,454 1,522 1,542
EBITDA 25.2 19.8 53.3 61 - -13.6 - 16.6 - - -
EBIT -55.7 -56.8 -39 - -134.2 - - -175.9 -175.1 -157.9 -130
Operating Margin -6.37% -5.23% -3.13% - -11.38% - - -12.83% -12.04% -10.38% -8.43%
Earnings before Tax (EBT) -71.7 - - - - - - - - - -
Net income -70.1 - - -77.8 - -212.5 - -233.7 - - -
Net margin -8.02% - - -5.89% - -16.83% - -17.05% - - -
EPS -0.0960 - -0.0937 -0.1053 -0.2031 -0.2867 - -0.2865 -0.0979 - -
Dividend per Share - - - - - - - - - - -
Announcement Date 2/11/20 7/14/20 2/9/21 7/6/21 2/8/22 7/21/22 9/13/22 7/18/23 2/29/24 - -
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 360 577 1,075 1,434 1,708 1,876
Net Cash position 1 142 689 - - - - - -
Leverage (Debt/EBITDA) - - 5.898 x -7.788 x 19.84 x 10.38 x 7.348 x 5.545 x
Free Cash Flow 1 -208 -300 -696 -778 -454 -313 -299 -358
ROE (net income / shareholders' equity) -14.8% -16.4% -13.6% -26.6% -18.9% -21.8% -20% -17.3%
ROA (Net income/ Total Assets) -6.53% -7.3% -5.44% -9.89% -6.79% -6.75% -5.71% -4.54%
Assets 1 3,262 1,727 4,106 4,603 4,621 5,235 5,667 6,807
Book Value Per Share 2 1.450 2.360 2.110 2.230 - 1.390 1.030 0.6500
Cash Flow per Share 2 0.0700 0.3100 -0.0200 0.0100 - 0.1500 0.1900 0.2200
Capex 1 260 526 680 786 536 477 456 476
Capex / Sales 14.78% 22.54% 27.23% 31.26% 18.99% 15.77% 13.79% 13.29%
Announcement Date 2/11/20 2/9/21 2/8/22 2/28/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
3.573 GBP
Average target price
7.199 GBP
Spread / Average Target
+101.47%
Consensus
  1. Stock Market
  2. Equities
  3. OCDO Stock
  4. Financials Ocado Group plc