Financials Altern Energy Limited

Equities

ALTN

PK0077001011

Independent Power Producers

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
20.91 PKR -3.99% Intraday chart for Altern Energy Limited +1.01% +1.31%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 13,790 12,115 8,812 9,266 5,738 5,262
Enterprise Value (EV) 1 18,779 14,960 10,740 7,794 7,662 2,065
P/E ratio 6.91 x 7.92 x 2.6 x 11.5 x 4.24 x 1.23 x
Yield 10.5% 18.4% 10.9% - 117% 32.5%
Capitalization / Revenue 0.44 x 0.61 x 0.84 x 0.75 x 0.3 x 0.31 x
EV / Revenue 0.6 x 0.75 x 1.03 x 0.63 x 0.41 x 0.12 x
EV / EBITDA 3.06 x 2.62 x 1.73 x 1.07 x 1.65 x 0.22 x
EV / FCF -21.6 x 3.83 x 4 x 2.61 x 0.98 x 0.8 x
FCF Yield -4.63% 26.1% 25% 38.4% 102% 125%
Price to Book 0.83 x 0.71 x 0.48 x 0.48 x 0.42 x 0.29 x
Nbr of stocks (in thousands) 363,380 363,380 363,380 363,380 363,380 363,380
Reference price 2 37.95 33.34 24.25 25.50 15.79 14.48
Announcement Date 10/3/18 10/4/19 10/2/20 10/4/21 10/11/22 10/11/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 31,444 19,947 10,431 12,410 18,816 16,862
EBITDA 1 6,143 5,715 6,192 7,300 4,653 9,507
EBIT 1 4,418 3,975 4,472 5,702 3,127 7,966
Operating Margin 14.05% 19.93% 42.87% 45.95% 16.62% 47.24%
Earnings before Tax (EBT) 1 3,598 2,942 4,249 3,853 3,067 7,351
Net income 1 1,995 1,530 3,383 803.6 1,352 4,280
Net margin 6.34% 7.67% 32.43% 6.47% 7.19% 25.38%
EPS 2 5.490 4.209 9.310 2.211 3.721 11.78
Free Cash Flow 1 -870.2 3,906 2,687 2,991 7,844 2,575
FCF margin -2.77% 19.58% 25.76% 24.1% 41.69% 15.27%
FCF Conversion (EBITDA) - 68.35% 43.4% 40.97% 168.58% 27.08%
FCF Conversion (Net income) - 255.36% 79.44% 372.22% 580.16% 60.16%
Dividend per Share 2 4.000 6.150 2.650 - 18.50 4.700
Announcement Date 10/3/18 10/4/19 10/2/20 10/4/21 10/11/22 10/11/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 4,989 2,845 1,928 - 1,925 -
Net Cash position 1 - - - 1,472 - 3,197
Leverage (Debt/EBITDA) 0.8121 x 0.4978 x 0.3114 x - 0.4136 x -
Free Cash Flow 1 -870 3,906 2,687 2,991 7,844 2,575
ROE (net income / shareholders' equity) 12.8% 10% 17.6% 7.66% 9.35% 27%
ROA (Net income/ Total Assets) 7.23% 6.73% 7.92% 10.5% 6.06% 15.7%
Assets 1 27,601 22,744 42,726 7,650 22,300 27,254
Book Value Per Share 2 45.70 46.70 50.40 52.60 37.80 49.60
Cash Flow per Share 2 4.290 6.060 1.150 3.780 1.730 8.000
Capex 1 51.9 47.9 7.69 23 17.6 536
Capex / Sales 0.16% 0.24% 0.07% 0.19% 0.09% 3.18%
Announcement Date 10/3/18 10/4/19 10/2/20 10/4/21 10/11/22 10/11/23
1PKR in Million2PKR
Estimates
  1. Stock Market
  2. Equities
  3. ALTN Stock
  4. Financials Altern Energy Limited