Financials VEEM Ltd

Equities

VEE

AU000000VEE3

Shipbuilding

Market Closed - Australian S.E. 02:10:11 2024-05-03 EDT 5-day change 1st Jan Change
1.83 AUD +1.10% Intraday chart for VEEM Ltd +4.57% +66.36%

Valuation

Fiscal Period: Junio 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 52 172.9 51.57 54.29 248.4 - -
Enterprise Value (EV) 1 52 172.9 58.45 67.01 260.1 271 269.8
P/E ratio 27.8 x 35.9 x 40.9 x 13.2 x 38.1 x 32.1 x 25.4 x
Yield - 0.5% 1.13% 1.28% 0.79% 0.94% 1.18%
Capitalization / Revenue - 2.91 x 0.95 x 0.91 x 3.31 x 2.84 x 2.52 x
EV / Revenue - 2.91 x 1.08 x 1.12 x 3.46 x 3.1 x 2.74 x
EV / EBITDA - 17 x 9.58 x 6.73 x 18.8 x 16 x 13.1 x
EV / FCF - 63,149,898 x - - - - -
FCF Yield - 0% - - - - -
Price to Book - - 1.18 x 1.16 x 4.69 x 3.54 x 3.19 x
Nbr of stocks (in thousands) 130,000 130,000 135,719 135,719 135,719 - -
Reference price 2 0.4000 1.330 0.3800 0.4000 1.830 1.830 1.830
Announcement Date 20-08-31 21-08-03 22-08-18 23-08-23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Junio 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 59.5 54.2 59.58 75.13 87.44 98.45
EBITDA 1 - 10.2 6.1 9.95 13.84 16.98 20.6
EBIT 1 - 4.93 1.897 5.872 9.008 11.51 14.27
Operating Margin - 8.29% 3.5% 9.86% 11.99% 13.16% 14.49%
Earnings before Tax (EBT) 1 - - 1.4 4.886 7.7 9.9 12.5
Net income 1 2.47 4.9 1.266 4.112 6.53 7.76 9.76
Net margin - 8.24% 2.34% 6.9% 8.69% 8.87% 9.91%
EPS 2 0.0144 0.0370 0.009300 0.0303 0.0480 0.0570 0.0720
Free Cash Flow - 2.738 - - - - -
FCF margin - 4.6% - - - - -
FCF Conversion (EBITDA) - 26.84% - - - - -
FCF Conversion (Net income) - 55.88% - - - - -
Dividend per Share 2 - 0.006600 0.004300 0.005100 0.0144 0.0172 0.0216
Announcement Date 20-08-31 21-08-03 22-08-18 23-08-23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2021 S1 2022 S1 2023 S1 2023 S2 2024 S1
Net sales 1 28.4 - - 32.22 37.49
EBITDA 1 5.7 - - 5.8 6.9
EBIT 1 3.86 - - 3.617 4.574
Operating Margin 13.59% - - 11.22% 12.2%
Earnings before Tax (EBT) - - - - -
Net income 1 3 0.3304 1.826 2.287 3.497
Net margin 10.56% - - 7.1% 9.33%
EPS 2 0.0230 0.002400 0.0135 0.0168 0.0258
Dividend per Share 2 0.004300 - - 0.001100 0.007700
Announcement Date 21-02-04 22-02-21 23-02-22 23-08-23 24-02-21
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 6.88 12.7 11.7 22.6 21.4
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - - 1.127 x 1.278 x 0.8457 x 1.333 x 1.041 x
Free Cash Flow - 2.74 - - - - -
ROE (net income / shareholders' equity) - 10.1% 3.16% 9.1% 13.1% 12.6% 13.2%
ROA (Net income/ Total Assets) - 7.22% 1.67% 4.77% 8.04% 7.88% 8.4%
Assets 1 - 67.89 75.67 86.28 81.27 98.46 116.2
Book Value Per Share 2 - - 0.3200 0.3400 0.3900 0.5200 0.5700
Cash Flow per Share 2 - - 0.0200 0.0500 0.0600 0.0700 0.0800
Capex 1 - 3.55 4.95 5.19 4.04 15.9 5.67
Capex / Sales - 5.97% 9.13% 8.7% 5.37% 18.16% 5.76%
Announcement Date 20-08-31 21-08-03 22-08-18 23-08-23 - - -
1AUD in Million2AUD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1.83 AUD
Average target price
2.246 AUD
Spread / Average Target
+22.74%
Consensus