Financials Valuetronics Holdings Limited

Equities

Delayed Singapore S.E. Other stock markets 21:37:37 2024-06-30 EDT			5-day change	1st Jan Change
0.645 ^SGD	+1.57%		+1.57%	+8.40%

06-26	Valuetronics Buys Back More Shares	MT
06-25	Valuetronics' Subsidiary Enters Joint Venture Agreement with Sinnet Cloud HK and Trio AI	MT

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,706	1,209	1,523	1,335	1,269	1,496	-	-
Enterprise Value (EV) ¹	775.4	155.7	393.4	398.7	1,269	1,364	1,496	1,496
P/E ratio	8.54 x	6.74 x	8.13 x	11.9 x	10.5 x	8.61 x	9.04 x	8.52 x
Yield	5.08%	7.2%	6.01%	4.53%	4.57%	5.5%	5.2%	5.2%
Capitalization / Revenue	0.6 x	0.51 x	0.67 x	0.66 x	0.63 x	0.82 x	0.84 x	0.78 x
EV / Revenue	0.6 x	0.51 x	0.67 x	0.66 x	0.63 x	0.82 x	0.84 x	0.78 x
EV / EBITDA	6.33 x	4.82 x	5.7 x	7.1 x	6.81 x	6.39 x	7.21 x	6.77 x
EV / FCF	4,778,223 x	4,970,017 x	12,858,116 x	-12,938,885 x	-	-	-	-
FCF Yield	0%	0%	0%	-0%	-	-	-	-
Price to Book	1.47 x	0.98 x	1.13 x	0.98 x	0.93 x	1.08 x	1.04 x	0.97 x
Nbr of stocks (in thousands)	433,378	435,001	435,626	431,915	413,906	408,942	-	-
Reference price ²	3.936	2.779	3.496	3.092	3.066	3.658	3.658	3.658
Announcement Date	19-05-28	20-06-02	21-05-29	22-05-25	23-05-29	24-05-28	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,829	2,354	2,282	2,027	2,014	1,670	1,780	1,922
EBITDA ¹	269.6	250.9	267	188	186.3	213.3	207.5	220.8
EBIT ¹	224.7	197	209.4	126.3	132.9	168.5	152.4	168.7
Operating Margin	7.94%	8.37%	9.18%	6.23%	6.6%	10.09%	8.56%	8.78%
Earnings before Tax (EBT) ¹	224.1	196.2	208.7	125.7	132.4	167.9	182.2	193.2
Net income ¹	199.5	178.9	187.1	113.5	123	159.6	167	176.8
Net margin	7.05%	7.6%	8.2%	5.6%	6.11%	9.56%	9.38%	9.19%
EPS ²	0.4610	0.4120	0.4300	0.2600	0.2910	0.3870	0.4047	0.4292
Free Cash Flow	357	243.2	118.4	-103.2	-	-	-	-
FCF margin	12.62%	10.33%	5.19%	-5.09%	-	-	-	-
FCF Conversion (EBITDA)	132.45%	96.95%	44.35%	-	-	-	-	-
FCF Conversion (Net income)	178.97%	135.95%	63.3%	-	-	-	-	-
Dividend per Share ²	0.2000	0.2000	0.2100	0.1400	0.1400	0.2010	0.1901	0.1901
Announcement Date	19-05-28	20-06-02	21-05-29	22-05-25	23-05-29	24-05-28	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	930	1,053	1,129	937	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	357	243	118	-103	-	-	-	-
ROE (net income / shareholders' equity)	18%	15%	13.9%	8.36%	9.01%	11.3%	11.7%	11.9%
ROA (Net income/ Total Assets)	10%	8.89%	8.3%	5.24%	5.9%	7.5%	7.85%	7.95%
Assets ¹	1,991	2,013	2,254	2,169	2,086	2,077	2,127	2,223
Book Value Per Share ²	2.680	2.830	3.090	3.170	3.290	3.390	3.530	3.760
Cash Flow per Share	-	-	0	-0.0300	-	-	-	-
Capex ¹	47.1	84.6	94.6	92.3	34.6	30	20	20
Capex / Sales	1.66%	3.59%	4.15%	4.55%	1.72%	1.64%	1.12%	1.04%
Announcement Date	19-05-28	20-06-02	21-05-29	22-05-25	23-05-29	24-05-28	-	-

¹HKD in Million²HKD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.658 HKD

Average target price

3.926 HKD

Spread / Average Target

+7.34%

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