Financials Airtel Uganda Limited

Equities

AIRTEL UGANDA

UG0000001582

Wireless Telecommunications Services

End-of-day quote UGANDA SECURITIES EXCHANGE 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
74.36 UGX 0.00% Intraday chart for Airtel Uganda Limited -0.85% -20.69%

Valuation

Fiscal Period: December 2023
Capitalization 1 3,750,400
Enterprise Value (EV) 1 5,194,450
P/E ratio 12.6 x
Yield 2.29%
Capitalization / Revenue 2.1 x
EV / Revenue 2.91 x
EV / EBITDA 6.67 x
EV / FCF 14.8 x
FCF Yield 6.73%
Price to Book 29.6 x
Nbr of stocks (in thousands) 40,000,000
Reference price 2 93.76
Announcement Date 2/29/24
1UGX in Million2UGX
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,210,726 1,271,530 1,553,913 1,653,296 1,599,898 1,783,960
EBITDA 1 610,251 630,080 803,501 897,143 783,929 778,248
EBIT 1 461,317 495,917 652,804 730,455 615,554 591,654
Operating Margin 38.1% 39% 42.01% 44.18% 38.47% 33.17%
Earnings before Tax (EBT) 1 432,338 450,215 581,614 660,727 473,600 426,885
Net income 1 338,082 316,675 405,868 459,575 325,703 296,950
Net margin 27.92% 24.91% 26.12% 27.8% 20.36% 16.65%
EPS 2 24,011 22,491 28,826 - 23,132 7.424
Free Cash Flow 1 328,760 141,013 157,538 624,885 312,238 349,795
FCF margin 27.15% 11.09% 10.14% 37.8% 19.52% 19.61%
FCF Conversion (EBITDA) 53.87% 22.38% 19.61% 69.65% 39.83% 44.95%
FCF Conversion (Net income) 97.24% 44.53% 38.82% 135.97% 95.87% 117.8%
Dividend per Share 2 16,000 20,850 28,300 - 23,150 2.150
Announcement Date 3/26/19 3/24/20 3/30/21 3/2/23 3/2/23 2/29/24
1UGX in Million2UGX
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,359,370 830,353 1,082,723 988,851 1,284,475 1,444,050
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.228 x 1.318 x 1.348 x 1.102 x 1.639 x 1.856 x
Free Cash Flow 1 328,760 141,013 157,538 624,885 312,238 349,795
ROE (net income / shareholders' equity) 176% 224% 271% 290% 232% 237%
ROA (Net income/ Total Assets) 18% 19.3% 27% 27.2% 21.2% 17.7%
Assets 1 1,874,183 1,640,438 1,502,230 1,689,310 1,534,265 1,674,722
Book Value Per Share 2 10,169 9,871 11,397 - 8,797 3.170
Cash Flow per Share 2 987.0 3,374 2,433 - 2,500 0.8600
Capex 1 165,178 211,074 178,320 125,506 241,163 242,298
Capex / Sales 13.64% 16.6% 11.48% 7.59% 15.07% 13.58%
Announcement Date 3/26/19 3/24/20 3/30/21 3/2/23 3/2/23 2/29/24
1UGX in Million2UGX
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. AIRTEL UGANDA Stock
  4. Financials Airtel Uganda Limited