XP POWER LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,566 GBX | -5.21% |
|
+38.58% | +15.49% |
| May. 22 | Barclays cuts NextEnergy but lifts JLEN | AN |
| May. 21 | London dips as eyes turn to UK inflation reading | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 593.9 | 918.8 | 993.4 | 400.9 | 319.7 | 370.9 | - | - |
| Enterprise Value (EV) 1 | 635.2 | 936.7 | 1,018 | 551.9 | 432.4 | 509.4 | 498.5 | 470.6 |
| P/E ratio | 29.5 x | 29.3 x | 44.8 x | -20 x | -29.9 x | 54.7 x | 19.2 x | 16.4 x |
| Yield | 1.77% | 1.58% | 1.84% | 4.62% | 1.33% | - | 1.73% | 3.48% |
| Capitalization / Revenue | 2.97 x | 3.94 x | 4.13 x | 1.38 x | 1.01 x | 1.34 x | 1.25 x | 1.2 x |
| EV / Revenue | 3.18 x | 4.01 x | 4.24 x | 1.9 x | 1.37 x | 1.84 x | 1.67 x | 1.52 x |
| EV / EBITDA | 13.1 x | 15.6 x | 18.3 x | 9.78 x | 7.86 x | 10.8 x | 8.31 x | 7.13 x |
| EV / FCF | 24.2 x | 29.9 x | 81.4 x | -25.8 x | 19.4 x | 198 x | 33.4 x | 21.8 x |
| FCF Yield | 4.12% | 3.34% | 1.23% | -3.88% | 5.16% | 0.5% | 3% | 4.59% |
| Price to Book | 4.3 x | 5.63 x | 5.91 x | 2.89 x | 1.78 x | 2.44 x | 2.15 x | 2.07 x |
| Nbr of stocks (in thousands) | 19,157 | 19,590 | 19,479 | 19,698 | 23,580 | 23,682 | - | - |
| Reference price 2 | 31.00 | 46.90 | 51.00 | 20.35 | 13.56 | 15.66 | 15.66 | 15.66 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/1/22 | 2/28/23 | 3/5/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 199.9 | 233.3 | 240.3 | 290.4 | 316.4 | 277.2 | 297.8 | 310.1 |
| EBITDA 1 | 48.6 | 60 | 55.5 | 56.4 | 55 | 46.96 | 59.96 | 65.97 |
| EBIT 1 | 35.9 | 46 | 45.1 | 42.9 | 38.1 | 30.1 | 41.97 | 47.7 |
| Operating Margin | 17.96% | 19.72% | 18.77% | 14.77% | 12.04% | 10.86% | 14.09% | 15.38% |
| Earnings before Tax (EBT) 1 | 24 | 35.7 | 28.4 | -30.2 | 11.2 | 11.04 | 25.81 | 31.75 |
| Net income 1 | 20.5 | 31.5 | 22.6 | -20 | -9.2 | 8.097 | 19.35 | 23.73 |
| Net margin | 10.26% | 13.5% | 9.4% | -6.89% | -2.91% | 2.92% | 6.5% | 7.65% |
| EPS 2 | 1.050 | 1.603 | 1.138 | -1.016 | -0.4540 | 0.2862 | 0.8158 | 0.9543 |
| Free Cash Flow 1 | 26.2 | 31.3 | 12.5 | -21.4 | 22.3 | 2.567 | 14.93 | 21.6 |
| FCF margin | 13.11% | 13.42% | 5.2% | -7.37% | 7.05% | 0.93% | 5.01% | 6.96% |
| FCF Conversion (EBITDA) | 53.91% | 52.17% | 22.52% | - | 40.55% | 5.47% | 24.9% | 32.74% |
| FCF Conversion (Net income) | 127.8% | 99.37% | 55.31% | - | - | 31.7% | 77.16% | 91.02% |
| Dividend per Share 2 | 0.5500 | 0.7400 | 0.9400 | 0.9400 | 0.1800 | - | 0.2708 | 0.5450 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/1/22 | 2/28/23 | 3/5/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2022 S1 | 2022 Q4 | 2022 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 101 | - | 128.2 | - | 123.6 | 87.4 | - | - | - |
| EBITDA | - | - | - | - | 20.6 | - | - | 18.9 | 25.3 |
| EBIT | 17.7 | - | 28 | 23.2 | 15 | - | - | 10.5 | 16.9 |
| Operating Margin | 17.52% | - | 21.84% | - | 12.14% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | 0.1800 | 0.5600 | - | 0.3700 | - | 0.5700 | - | - |
| Announcement Date | 3/3/20 | - | 3/2/21 | 8/2/21 | 8/1/22 | 2/28/23 | 2/28/23 | - | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 41.3 | 17.9 | 24.7 | 151 | 113 | 139 | 128 | 99.7 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.8498 x | 0.2983 x | 0.445 x | 2.677 x | 2.049 x | 2.95 x | 2.128 x | 1.512 x |
| Free Cash Flow 1 | 26.2 | 31.3 | 12.5 | -21.4 | 22.3 | 2.57 | 14.9 | 21.6 |
| ROE (net income / shareholders' equity) | 20.9% | 20.9% | 21.1% | 20.3% | 11.3% | 7.06% | 12.4% | 12.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | 1.95% | 3.75% | 4.39% |
| Assets 1 | - | - | - | - | - | 414.7 | 515.7 | 541 |
| Book Value Per Share 2 | 7.220 | 8.330 | 8.640 | 7.040 | 7.610 | 6.410 | 7.280 | 7.560 |
| Cash Flow per Share 2 | 2.370 | 2.320 | 1.830 | -0.1000 | 3.070 | 1.590 | 1.630 | 3.820 |
| Capex 1 | 16.3 | 14.9 | 21.9 | 19.4 | 40.1 | 25.9 | 24.2 | 22.7 |
| Capex / Sales | 8.15% | 6.39% | 9.11% | 6.68% | 12.67% | 9.35% | 8.13% | 7.32% |
| Announcement Date | 3/3/20 | 3/2/21 | 3/1/22 | 2/28/23 | 3/5/24 | - | - | - |
1GBP in Million2GBP
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
15.66
GBP
Average target price
17.75
GBP
Spread / Average Target
+13.35%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +15.49% | 498M | |
| +4.27% | 148B | |
| +29.69% | 141B | |
| +40.53% | 134B | |
| +15.58% | 65.6B | |
| +4.75% | 40.31B | |
| +110.78% | 37.48B | |
| +5.74% | 32.01B | |
| -15.60% | 30.87B | |
| +10.10% | 28.89B |
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- Financials XP Power Limited
