Financials Alpha Group International plc

Equities

Market Closed - London S.E. Other stock markets 11:35:18 2024-06-14 am EDT			5-day change	1st Jan Change
2,390 ^GBX	-0.42%		-5.16%	+36.57%

Jun. 05	Ocado checks out of FTSE 100 as Vistry and Darktrace join	AN
Jun. 01	Coca-Cola HBC, M&S and Elementis execs sell shares	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	464	521.6	895.1	780.6	758.1	1,018	-	-
Enterprise Value (EV) ¹	425.5	441.8	790.9	655.5	582.9	786	691.3	564.8
P/E ratio	-	-	-	-	8.6 x	11.7 x	10.6 x	9.06 x
Yield	0.61%	0.62%	0.5%	0.78%	0.91%	0.72%	0.8%	0.98%
Capitalization / Revenue	13.1 x	11.3 x	11.6 x	7.94 x	6.86 x	7.89 x	6.84 x	5.84 x
EV / Revenue	12 x	9.56 x	10.2 x	6.67 x	5.28 x	6.09 x	4.65 x	3.24 x
EV / EBITDA	28 x	24.4 x	22.5 x	16.1 x	12.8 x	15.7 x	11.7 x	7.66 x
EV / FCF	33.7 x	-58.5 x	23.9 x	17.7 x	7.69 x	7.6 x	6.79 x	4.87 x
FCF Yield	2.97%	-1.71%	4.18%	5.66%	13%	13.2%	14.7%	20.5%
Price to Book	-	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	37,124	40,124	40,964	42,197	43,322	42,590	-	-
Reference price ²	12.50	13.00	21.85	18.50	17.50	23.90	23.90	23.90
Announcement Date	3/18/20	3/17/21	3/16/22	3/22/23	3/20/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	35.38	46.22	77.47	98.33	110.4	129	148.7	174.3
EBITDA ¹	15.19	18.09	35.13	40.61	45.58	49.91	58.9	73.73
EBIT ¹	14.73	17.15	33.59	38.27	39.2	41.57	49.16	64.2
Operating Margin	41.65%	37.11%	43.36%	38.92%	35.5%	32.23%	33.05%	36.83%
Earnings before Tax (EBT) ¹	13.55	17.14	33.18	47.21	115.9	82.67	91.16	157.5
Net income ¹	-	-	-	-	88.82	90.5	100	118.1
Net margin	-	-	-	-	80.43%	70.16%	67.23%	67.76%
EPS ²	-	-	-	-	2.034	2.042	2.245	2.638
Free Cash Flow ¹	12.64	-7.547	33.07	37.11	75.84	103.4	101.8	115.9
FCF margin	35.72%	-16.33%	42.68%	37.74%	68.67%	80.16%	68.44%	66.5%
FCF Conversion (EBITDA)	83.21%	-	94.14%	91.39%	166.38%	207.19%	172.83%	157.2%
FCF Conversion (Net income)	-	-	-	-	85.38%	114.26%	101.79%	98.14%
Dividend per Share ²	0.0760	0.0800	0.1100	0.1440	0.1600	0.1730	0.1907	0.2338
Announcement Date	3/18/20	3/17/21	3/16/22	3/22/23	3/20/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	38.6	79.8	104	125	175	232	327	453
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	12.6	-7.55	33.1	37.1	75.8	103	102	116
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share ²	-	-	-	-	2.080	2.130	2.460	2.830
Capex ¹	-	-	-	-	15	6.1	6.8	7.9
Capex / Sales	-	-	-	-	13.54%	4.73%	4.57%	4.53%
Announcement Date	3/18/20	3/17/21	3/16/22	3/22/23	3/20/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

23.9 GBP

Average target price

26.88 GBP

Spread / Average Target

+12.45%

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