Financials Unión de Cervecerías Peruanas Backus y Johnston S.A.A. Lima

Equities

BACKUAC1

PEP218021108

Brewers

End-of-day quote Lima 18:00:00 2024-07-01 EDT 5-day change 1st Jan Change
192 PEN 0.00% Intraday chart for Unión de Cervecerías Peruanas Backus y Johnston S.A.A. +1.05% +1.05%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 26,841 35,014 30,108 26,281 29,437 27,324
Enterprise Value (EV) 1 26,227 34,543 29,646 26,721 29,108 26,974
P/E ratio 15.2 x 19.3 x 22.8 x 16.4 x 18.2 x 14.3 x
Yield - - - - 5.73% -
Capitalization / Revenue 5.02 x 6.13 x 6.98 x 4.47 x 4.37 x 3.7 x
EV / Revenue 4.91 x 6.05 x 6.87 x 4.54 x 4.32 x 3.65 x
EV / EBITDA 9.16 x 11 x 14.5 x 9.53 x 9.61 x 7.78 x
EV / FCF 37.8 x 20.7 x 63.7 x 8.62 x 40.1 x 1,237 x
FCF Yield 2.65% 4.84% 1.57% 11.6% 2.49% 0.08%
Price to Book 12.6 x 18.1 x 9.44 x 8.38 x 6.69 x 4.29 x
Nbr of stocks (in thousands) 1,348,499 1,348,499 1,348,499 1,348,499 1,344,089 1,348,191
Reference price 2 20.55 28.50 20.15 20.50 24.58 22.00
Announcement Date 19-04-29 20-08-21 21-04-30 22-05-03 23-06-09 24-04-30
1PEN in Million2PEN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,344 5,710 4,315 5,885 6,743 7,394
EBITDA 1 2,864 3,137 2,044 2,805 3,029 3,467
EBIT 1 2,599 2,864 1,759 2,473 2,700 3,112
Operating Margin 48.64% 50.17% 40.76% 42.02% 40.04% 42.08%
Earnings before Tax (EBT) 1 2,628 2,881 1,757 2,451 2,635 3,040
Net income 1 1,819 1,988 1,194 1,683 1,818 2,073
Net margin 34.04% 34.82% 27.67% 28.59% 26.96% 28.04%
EPS 2 1.349 1.474 0.8854 1.248 1.348 1.537
Free Cash Flow 1 694.4 1,672 465.4 3,100 726.2 21.8
FCF margin 12.99% 29.29% 10.79% 52.67% 10.77% 0.29%
FCF Conversion (EBITDA) 24.25% 53.31% 22.77% 110.51% 23.97% 0.63%
FCF Conversion (Net income) 38.17% 84.12% 38.98% 184.19% 39.95% 1.05%
Dividend per Share - - - - 1.409 -
Announcement Date 19-04-29 20-08-21 21-04-30 22-05-03 23-06-09 24-04-30
1PEN in Million2PEN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 439 - -
Net Cash position 1 614 471 462 - 330 350
Leverage (Debt/EBITDA) - - - 0.1566 x - -
Free Cash Flow 1 694 1,672 465 3,100 726 21.8
ROE (net income / shareholders' equity) 88.4% 92% 47.9% 54.7% 44.4% 35.2%
ROA (Net income/ Total Assets) 30.8% 32.1% 18.3% 21% 16.9% 16.4%
Assets 1 5,901 6,191 6,507 8,030 10,760 12,655
Book Value Per Share 2 1.630 1.580 2.130 2.450 3.670 5.130
Cash Flow per Share 2 0.5300 0.4200 0.3900 0.4500 0.6500 0.7500
Capex 1 241 293 213 524 443 338
Capex / Sales 4.52% 5.12% 4.93% 8.9% 6.57% 4.57%
Announcement Date 19-04-29 20-08-21 21-04-30 22-05-03 23-06-09 24-04-30
1PEN in Million2PEN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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