Projected Income Statement: AFT Pharmaceuticals Limited

Forecast Balance Sheet: AFT Pharmaceuticals Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 35.2 29.3 29.9 16.2 14.5 19 18.2 12.5
Change - -16.76% 2.05% -45.82% -10.49% 31.03% -4.21% -31.32%
Announcement Date 5/23/21 5/22/22 5/22/23 5/22/24 5/21/25 - - -
1NZD in Million
Estimates

Cash Flow Forecast: AFT Pharmaceuticals Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 6.231 5.585 9.177 9.527 6.951 8.587 6.77 7.47
Change - -10.37% 64.32% 3.81% -27.04% 23.53% -21.16% 10.34%
Free Cash Flow (FCF) 1 -5.481 8.567 2.452 19.33 - - - -
Change - 256.3% -71.38% 688.5% - - - -
Announcement Date 5/23/21 5/22/22 5/22/23 5/22/24 5/21/25 - - -
1NZD in Million
Estimates

Forecast Financial Ratios: AFT Pharmaceuticals Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 10.44% 16.45% 13.66% 13.43% 10.04% 10.54% 11.37% 12.34%
EBIT Margin (%) 9.47% 15.65% 12.56% 12.4% 8.48% 9.14% 10.05% 11.12%
EBT Margin (%) 6.97% 14.34% 10.09% 11.27% 7.71% 8% 9.18% 9.62%
Net margin (%) 6.9% 15.23% 6.8% 7.99% 5.75% 6.16% 6.82% 7.71%
FCF margin (%) -4.85% 6.57% 1.57% 9.89% - - - -
FCF / Net Income (%) -70.27% 43.16% 23.01% 123.86% - - - -

Profitability

        
ROA 8.1% 17.5% 7.74% 9.96% 7.14% 12.15% 13.75% 15.3%
ROE 28.91% 42.53% 15.72% 19.38% 12.94% 14.54% 16.41% 17.91%

Financial Health

        
Leverage (Debt/EBITDA) 2.98x 1.37x 1.4x 0.62x 0.69x 0.71x 0.54x 0.3x
Debt / Free cash flow -6.41x 3.42x 12.19x 0.84x - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 5.51% 4.29% 5.86% 4.88% 3.34% 3.37% 2.27% 2.2%
CAPEX / EBITDA (%) 52.75% 26.06% 42.9% 36.3% 33.29% 31.99% 19.97% 17.82%
CAPEX / FCF (%) -113.68% 65.19% 374.27% 49.28% - - - -

Items per share

        
Cash flow per share 1 0.00726 0.1352 0.1109 0.2752 0.1256 0.1465 0.1654 0.2313
Change - 1,762.26% -17.97% 148.15% -54.36% 16.62% 12.9% 39.85%
Dividend per Share 1 - - - 0.016 0.018 0.0263 0.0341 0.0418
Change - - - - 12.5% 46.22% 29.56% 22.64%
Book Value Per Share 1 0.3498 0.542 0.6987 0.8372 0.9311 0.7743 0.9367 1.147
Change - 54.95% 28.91% 19.82% 11.21% -16.84% 20.97% 22.46%
EPS 1 0.07 0.19 0.1 0.15 0.11 0.1494 0.194 0.2496
Change - 171.43% -47.37% 50% -26.67% 35.85% 29.83% 28.66%
Nbr of stocks (in thousands) 104,584 104,697 104,866 104,866 104,866 104,866 104,866 104,866
Announcement Date 5/23/21 5/22/22 5/22/23 5/22/24 5/21/25 - - -
1NZD
Estimates
2026 *2027 *
P/E ratio 24.8x 19.1x
PBR 4.78x 3.95x
EV / Sales 1.6x 1.36x
Yield 0.71% 0.92%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.700NZD
Average target price
4.300NZD
Spread / Average Target
+16.22%

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. AFT Stock
  4. Financials AFT Pharmaceuticals Limited