Financials Agricultural Marketing Company Limited

Equities

AMCL(PRAN)

BD0277AMCL01

Food Processing

End-of-day quote Dhaka S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
235.6 BDT +1.03% Intraday chart for Agricultural Marketing Company Limited -1.83% -6.51%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,866 1,932 1,440 1,536 2,202 2,170
Enterprise Value (EV) 1 2,507 2,452 1,993 2,071 2,740 2,741
P/E ratio 33.6 x 33.1 x 31.6 x 35.7 x 49 x 50.1 x
Yield 1.37% 1.33% 1.78% 1.67% 1.16% 1.18%
Capitalization / Revenue 0.74 x 0.68 x 0.55 x 0.52 x 0.7 x 0.67 x
EV / Revenue 0.99 x 0.87 x 0.75 x 0.7 x 0.87 x 0.85 x
EV / EBITDA 9.19 x 8.36 x 8.12 x 7.97 x 10.6 x 11.5 x
EV / FCF 28.5 x 18.1 x -1,535 x 38 x 73 x 1,236 x
FCF Yield 3.51% 5.53% -0.07% 2.63% 1.37% 0.08%
Price to Book 3.09 x 3.04 x 2.2 x 2.28 x 3.18 x 3.06 x
Nbr of stocks (in thousands) 8,000 8,000 8,000 8,000 8,000 8,000
Reference price 2 233.3 241.5 180.0 192.0 275.3 271.3
Announcement Date 12/2/18 8/29/19 11/9/20 1/29/22 12/15/22 11/20/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 2,539 2,822 2,641 2,949 3,154 3,226
EBITDA 1 272.8 293.2 245.6 259.8 257.6 238.3
EBIT 1 191 227.2 193.6 216.6 222.6 221.9
Operating Margin 7.52% 8.05% 7.33% 7.34% 7.06% 6.88%
Earnings before Tax (EBT) 1 70.46 77.57 68.83 84.34 90.32 88.95
Net income 1 55.55 58.42 45.58 42.99 44.93 43.35
Net margin 2.19% 2.07% 1.73% 1.46% 1.42% 1.34%
EPS 2 6.944 7.302 5.697 5.374 5.616 5.418
Free Cash Flow 1 87.89 135.5 -1.298 54.56 37.53 2.219
FCF margin 3.46% 4.8% -0.05% 1.85% 1.19% 0.07%
FCF Conversion (EBITDA) 32.21% 46.21% - 21% 14.57% 0.93%
FCF Conversion (Net income) 158.21% 231.93% - 126.91% 83.54% 5.12%
Dividend per Share 2 3.200 3.200 3.200 3.200 3.200 3.200
Announcement Date 12/2/18 8/29/19 11/9/20 1/29/22 12/15/22 11/20/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 640 520 553 535 538 571
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.347 x 1.773 x 2.252 x 2.059 x 2.089 x 2.396 x
Free Cash Flow 1 87.9 135 -1.3 54.6 37.5 2.22
ROE (net income / shareholders' equity) 9.44% 9.43% 7.06% 6.47% 6.58% 6.19%
ROA (Net income/ Total Assets) 8.25% 10% 8.58% 9.74% 9.88% 9.62%
Assets 1 673.4 582.9 531.5 441.5 454.9 450.5
Book Value Per Share 2 75.40 79.50 82.00 84.20 86.60 88.60
Cash Flow per Share 2 7.590 12.50 9.770 4.690 6.300 2.650
Capex - - 0.21 - 1.09 46.1
Capex / Sales - - 0.01% - 0.03% 1.43%
Announcement Date 12/2/18 8/29/19 11/9/20 1/29/22 12/15/22 11/20/23
1BDT in Million2BDT
Estimates
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