Financials Premiere Island Power Reit Corporation

Equities

PREIT

PHY7092R1078

Real Estate Services

End-of-day quote Philippines S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
1.76 PHP -.--% Intraday chart for Premiere Island Power Reit Corporation -10.20% +14.29%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 5,262 5,065
Enterprise Value (EV) 1 5,264 5,019
P/E ratio 22.2 x 7.33 x
Yield 5.12% 9.31%
Capitalization / Revenue 12.3 x 7.87 x
EV / Revenue 12.4 x 7.8 x
EV / EBITDA 13.2 x 8.08 x
EV / FCF 39,212,176 x 17,661,113 x
FCF Yield 0% 0%
Price to Book 0.6 x 0.56 x
Nbr of stocks (in thousands) 3,288,669 3,288,669
Reference price 2 1.600 1.540
Announcement Date 23-05-05 24-04-24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 409.1 388.9 400.7 426.2 643.8
EBITDA 1 48.39 73.14 110.8 399.6 620.9
EBIT 1 31.39 56.06 92.11 363.5 568.4
Operating Margin 7.67% 14.42% 22.99% 85.3% 88.28%
Earnings before Tax (EBT) 1 31.2 63.15 99.68 132.9 781.5
Net income 1 25.62 57.15 75.23 167.1 704
Net margin 6.26% 14.7% 18.77% 39.2% 109.35%
EPS - - 0.0229 0.0720 0.2100
Free Cash Flow - 10.35 38.35 134.2 284.2
FCF margin - 2.66% 9.57% 31.5% 44.14%
FCF Conversion (EBITDA) - 14.15% 34.61% 33.59% 45.77%
FCF Conversion (Net income) - 18.11% 50.98% 80.35% 40.37%
Dividend per Share - - - 0.0818 0.1434
Announcement Date 22-11-23 22-11-23 22-11-23 23-05-05 24-04-24
1PHP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 97.9 116 81.3 2.08 -
Net Cash position 1 - - - - 45.7
Leverage (Debt/EBITDA) 2.024 x 1.579 x 0.7334 x 0.005197 x -
Free Cash Flow - 10.4 38.3 134 284
ROE (net income / shareholders' equity) - 15.8% 19.6% 3.64% 7.88%
ROA (Net income/ Total Assets) - 5.59% 9.18% 4.75% 3.79%
Assets 1 - 1,022 819.3 3,515 18,593
Book Value Per Share - - 0.1200 2.670 2.770
Cash Flow per Share - - 0 0 0.0200
Capex 1 1.04 38 32.5 - -
Capex / Sales 0.25% 9.78% 8.1% - -
Announcement Date 22-11-23 22-11-23 22-11-23 23-05-05 24-04-24
1PHP in Million
Estimates
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