Financials Autosports Group Limited

Equities

ASG

AU000000ASG2

Auto Vehicles, Parts & Service Retailers

Market Closed - Australian S.E. Other stock markets 02:10:22 2024-06-14 am EDT			5-day change	1st Jan Change
2.22 ^AUD	-0.89%		0.00%	-5.13%

Feb. 22	Transcript : Autosports Group Limited, H1 2024 Earnings Call, Feb 22, 2024
Feb. 21	Autosports Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Valuation

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	252.3	235.2	512.6	306.3	408	446.2	-	-
Enterprise Value (EV) ¹	715.1	850	781.8	559.3	1,269	1,129	1,131	1,137
P/E ratio	16.2 x	-2.3 x	12.3 x	5.72 x	6.29 x	6.39 x	6.64 x	7.13 x
Yield	3.98%	1.62%	3.53%	10.5%	9.36%	8.81%	8.42%	8.29%
Capitalization / Revenue	0.15 x	0.14 x	0.26 x	0.16 x	0.17 x	0.16 x	0.15 x	0.15 x
EV / Revenue	0.42 x	0.5 x	0.4 x	0.3 x	0.54 x	0.41 x	0.39 x	0.38 x
EV / EBITDA	13.7 x	9.62 x	8.4 x	3.75 x	6.41 x	5.2 x	5.37 x	5.46 x
EV / FCF	-	15 x	8.48 x	8.49 x	39.2 x	12.3 x	20.9 x	24.2 x
FCF Yield	-	6.67%	11.8%	11.8%	2.55%	8.12%	4.78%	4.13%
Price to Book	0.51 x	0.62 x	1.23 x	0.69 x	0.86 x	0.89 x	0.84 x	0.8 x
Nbr of stocks (in thousands)	201,000	201,000	201,000	201,522	201,000	201,000	-	-
Reference price ²	1.255	1.170	2.550	1.520	2.030	2.220	2.220	2.220
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,694	1,702	1,978	1,876	2,371	2,738	2,881	2,975
EBITDA ¹	52.18	88.37	93.1	149.1	198	216.9	210.7	208.4
EBIT ¹	41.13	44.79	84.6	102.2	149.4	158.5	149.8	143.9
Operating Margin	2.43%	2.63%	4.28%	5.45%	6.3%	5.79%	5.2%	4.84%
Earnings before Tax (EBT) ¹	23.1	-97.75	-	-	100.3	103	96.55	82.95
Net income ¹	15.66	-102.4	41.9	54.6	65.43	70.07	67.3	62.72
Net margin	0.92%	-6.02%	2.12%	2.91%	2.76%	2.56%	2.34%	2.11%
EPS ²	0.0776	-0.5097	0.2067	0.2656	0.3228	0.3477	0.3344	0.3114
Free Cash Flow ¹	-	56.72	92.2	65.91	32.34	91.6	54.1	47
FCF margin	-	3.33%	4.66%	3.51%	1.36%	3.35%	1.88%	1.58%
FCF Conversion (EBITDA)	-	64.18%	99.03%	44.19%	16.33%	42.23%	25.68%	22.56%
FCF Conversion (Net income)	-	-	220.05%	120.71%	49.42%	130.73%	80.38%	74.93%
Dividend per Share ²	0.0500	0.0190	0.0900	0.1600	0.1900	0.1955	0.1868	0.1840
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2024 S2
Net sales ¹	1,464
EBITDA ¹	117.2
EBIT ¹	83
Operating Margin	5.67%
Earnings before Tax (EBT) ¹	52.2
Net income ¹	33.4
Net margin	2.28%
EPS ²	0.1660
Dividend per Share ²	0.1030
Announcement Date	-

¹AUD in Million²AUD

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	463	615	269	253	861	682	685	691
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	8.872 x	6.957 x	2.892 x	1.696 x	4.348 x	3.146 x	3.252 x	3.317 x
Free Cash Flow ¹	-	56.7	92.2	65.9	32.3	91.6	54.1	47
ROE (net income / shareholders' equity)	3.37%	4.27%	12%	13%	16.5%	14.6%	12.6%	11.6%
ROA (Net income/ Total Assets)	-	1.52%	3.99%	4.62%	5.32%	6.83%	6.66%	5.98%
Assets ¹	-	-6,741	1,051	1,182	1,230	1,026	1,011	1,049
Book Value Per Share ²	2.480	1.880	2.080	2.210	2.350	2.510	2.650	2.780
Cash Flow per Share ²	0.1100	0	0.6200	0.6700	0.8200	0.7300	1.090	0.6700
Capex ¹	14.2	27.1	33.6	69.1	134	30.3	27	27.3
Capex / Sales	0.84%	1.59%	1.7%	3.68%	5.64%	1.11%	0.94%	0.92%
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

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

Ratings for Autosports Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.22 AUD

Average target price

3.265 AUD

Spread / Average Target

+47.07%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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