Financials Spur Tree Spices Jamaica Limited

Equities

SPURTREE

JME202200015

End-of-day quote JAMAICA STOCK EXCHANGE 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
2.3 JMD -4.17% Intraday chart for Spur Tree Spices Jamaica Limited 0.00% -16.67%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 5,869 4,628
Enterprise Value (EV) 1 6,215 5,041
P/E ratio 49.7 x 57 x
Yield - 0.54%
Capitalization / Revenue 5.71 x 3.17 x
EV / Revenue 6.04 x 3.45 x
EV / EBITDA 38.8 x 28.3 x
EV / FCF -69,801,911 x -75,730,996 x
FCF Yield -0% -0%
Price to Book 8.23 x 6.06 x
Nbr of stocks (in thousands) 1,676,959 1,676,959
Reference price 2 3.500 2.760
Announcement Date 23-05-31 24-05-21
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 573.8 700.7 859.7 1,029 1,459
EBITDA 1 56.04 113.3 159.4 160.4 178.4
EBIT 1 40.46 96.86 138.9 126.2 112.5
Operating Margin 7.05% 13.82% 16.15% 12.27% 7.71%
Earnings before Tax (EBT) 1 28.14 81.68 124.1 113.4 74.16
Net income 1 20.7 69.65 91.32 116.8 80.33
Net margin 3.61% 9.94% 10.62% 11.36% 5.5%
EPS - 0.0769 0.0700 0.0704 0.0484
Free Cash Flow - 18.84 94.58 -89.04 -66.57
FCF margin - 2.69% 11% -8.66% -4.56%
FCF Conversion (EBITDA) - 16.62% 59.32% - -
FCF Conversion (Net income) - 27.05% 103.57% - -
Dividend per Share - - 0.0175 - 0.0150
Announcement Date 21-12-21 21-12-21 22-05-09 23-05-31 24-05-21
1JMD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 163 128 1.1 346 413
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 2.905 x 1.13 x 0.006881 x 2.158 x 2.314 x
Free Cash Flow - 18.8 94.6 -89 -66.6
ROE (net income / shareholders' equity) - 47.2% 30.8% 17.9% 8.94%
ROA (Net income/ Total Assets) - 16.7% 17.4% 7.53% 4.65%
Assets 1 - 418.2 525.5 1,552 1,727
Book Value Per Share - 0.2000 0.3100 0.4300 0.4600
Cash Flow per Share - 0.0300 0.0700 0.0900 0.0300
Capex 1 25.8 15.7 31.8 86 104
Capex / Sales 4.5% 2.24% 3.7% 8.37% 7.14%
Announcement Date 21-12-21 21-12-21 22-05-09 23-05-31 24-05-21
1JMD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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