Financials 3P Learning Limited

Equities

3PL

AU0000003PL9

Software

Market Closed - Australian S.E. Other stock markets 01:10:48 2024-04-24 am EDT			5-day change	1st Jan Change
1.25 ^AUD	0.00%		0.00%	-10.71%

Feb. 20	3P Learning Limited Reaffirms Revenue Guidance for the Year 2024	CI
Feb. 20	Transcript : 3P Learning Limited, H1 2024 Earnings Call, Feb 20, 2024

Valuation

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	136.5	120	362.2	341.5	304.1	342.4	-	-
Enterprise Value (EV) ¹	110.8	97.66	340.4	312.5	284.7	321.2	305.5	285.4
P/E ratio	-	-	-	-650 x	47.8 x	-	-	-
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	2.51 x	2.18 x	6.31 x	3.51 x	2.83 x	3.03 x	2.8 x	2.57 x
EV / Revenue	2.04 x	1.78 x	5.93 x	3.21 x	2.65 x	2.84 x	2.49 x	2.14 x
EV / EBITDA	6.24 x	6.7 x	32.7 x	22.6 x	17.9 x	23.5 x	15.2 x	11.4 x
EV / FCF	-	-	-	25,356,293 x	61,323,478 x	-	-	-
FCF Yield	-	-	-	0%	0%	-	-	-
Price to Book	5.55 x	4.57 x	1.86 x	1.76 x	1.52 x	1.64 x	1.56 x	1.44 x
Nbr of stocks (in thousands)	139,334	139,484	276,484	276,484	276,484	273,946	-	-
Reference price ²	0.9800	0.8600	1.310	1.235	1.100	1.250	1.250	1.250
Announcement Date	8/21/19	8/13/20	8/24/21	8/21/22	8/17/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	54.42	54.96	57.4	97.3	107.4	113.1	122.5	133.2
EBITDA ¹	17.75	14.58	10.4	13.8	15.9	13.69	20.04	25.12
EBIT ¹	8.616	3.168	1.1	9.6	13.2	10.94	17.23	22.25
Operating Margin	15.83%	5.76%	1.92%	9.87%	12.29%	9.67%	14.07%	16.71%
Earnings before Tax (EBT)	-	-	-	-1.182	3.945	-	-	-
Net income	-	-	-	-0.6	6.3	-	-	-
Net margin	-	-	-	-0.62%	5.87%	-	-	-
EPS	-	-	-	-0.001900	0.0230	-	-	-
Free Cash Flow	-	-	-	12.32	4.642	-	-	-
FCF margin	-	-	-	12.67%	4.32%	-	-	-
FCF Conversion (EBITDA)	-	-	-	89.3%	29.19%	-	-	-
FCF Conversion (Net income)	-	-	-	-	73.68%	-	-	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	8/21/19	8/13/20	8/24/21	8/21/22	8/17/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2022 S1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	-4.582
Net margin	-
EPS ²	-0.0166
Dividend per Share	-
Announcement Date	2/23/22

¹AUD in Million²AUD

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	25.7	22.3	21.8	29	19.5	21.2	37	57
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	12.3	4.64	-	-	-
ROE (net income / shareholders' equity)	27.1%	6.68%	2.03%	4.73%	7.15%	4.52%	6.06%	7.34%
ROA (Net income/ Total Assets)	-	-	-	-	5.42%	-	-	-
Assets	-	-	-	-	116.3	-	-	-
Book Value Per Share ²	0.1800	0.1900	0.7100	0.7000	0.7300	0.7600	0.8000	0.8700
Cash Flow per Share	0.0900	-	-	-	-	-	-	-
Capex	-	-	-	0.44	4.07	-	-	-
Capex / Sales	-	-	-	0.45%	3.79%	-	-	-
Announcement Date	8/21/19	8/13/20	8/24/21	8/21/22	8/17/23	-	-	-

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 3P Learning Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.25 AUD

Average target price

1.2 AUD

Spread / Average Target

-4.00%

Consensus

Annual profits - Rate of surprise

Company calendar

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