Financials Accel Group Holdings Limited

Equities

1283

KYG1150D1007

Construction & Engineering

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
0.77 HKD +1.32% Intraday chart for Accel Group Holdings Limited +2.67% -2.53%

Valuation

Fiscal Period: March 2020 2021 2022 2023
Capitalization 1 488 1,320 1,216 1,000
Enterprise Value (EV) 1 381.8 1,153 1,091 998.6
P/E ratio 5.8 x 18 x 17.8 x 17.7 x
Yield 5.25% 2.48% 2.76% 2.56%
Capitalization / Revenue 0.93 x 2.59 x 2.22 x 1.86 x
EV / Revenue 0.73 x 2.27 x 1.99 x 1.85 x
EV / EBITDA 4.03 x 15.2 x 13.3 x 15.8 x
EV / FCF -28.2 x 37.5 x -50.6 x -33.2 x
FCF Yield -3.55% 2.67% -1.97% -3.01%
Price to Book 1.6 x 3.74 x 3.27 x 2.51 x
Nbr of stocks (in thousands) 800,000 800,000 800,000 800,000
Reference price 2 0.6100 1.650 1.520 1.250
Announcement Date 7/22/20 7/28/21 7/25/22 7/25/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 210.8 312.7 522.3 508.9 547.3 538.5
EBITDA 1 43.18 66.53 94.7 76.04 82.27 63.16
EBIT 1 42.88 66.26 94.09 75.27 81.5 60.71
Operating Margin 20.34% 21.19% 18.01% 14.79% 14.89% 11.27%
Earnings before Tax (EBT) 1 43.25 56.26 88.26 86.46 81.71 65.98
Net income 1 36.07 45.4 72.66 73.3 68.18 56.48
Net margin 17.11% 14.52% 13.91% 14.4% 12.46% 10.49%
EPS 2 0.0601 0.0757 0.1052 0.0916 0.0852 0.0706
Free Cash Flow 1 89.43 -11.99 -13.55 30.75 -21.54 -30.08
FCF margin 42.42% -3.83% -2.59% 6.04% -3.94% -5.59%
FCF Conversion (EBITDA) 207.13% - - 40.44% - -
FCF Conversion (Net income) 247.94% - - 41.95% - -
Dividend per Share - - 0.0320 0.0410 0.0420 0.0320
Announcement Date 9/26/19 9/26/19 7/22/20 7/28/21 7/25/22 7/25/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 31.1 31.3 106 167 125 1.43
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 89.4 -12 -13.6 30.8 -21.5 -30.1
ROE (net income / shareholders' equity) 43.6% 57.9% 35.4% 22.3% 18.8% 14.5%
ROA (Net income/ Total Assets) 16% 27.7% 22.7% 11.3% 11.2% 7.62%
Assets 1 225.4 163.9 319.7 649.7 609.4 741.2
Book Value Per Share 2 0.0800 0.1300 0.3800 0.4400 0.4600 0.5000
Cash Flow per Share 2 0.0700 0.0400 0.1400 0.2300 0.1800 0.0800
Capex 1 0.75 2.9 1.42 0.42 0.49 3.88
Capex / Sales 0.36% 0.93% 0.27% 0.08% 0.09% 0.72%
Announcement Date 9/26/19 9/26/19 7/22/20 7/28/21 7/25/22 7/25/23
1HKD in Million2HKD
Estimates
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