Financials Beta Glass Plc

Equities

BETAGLAS

NGBETAGLAS04

Non-Paper Containers & Packaging

End-of-day quote Nigerian S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
59.4 NGN 0.00% Intraday chart for Beta Glass Plc 0.00% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 34,148 26,899 27,699 26,474 23,759 35,638
Enterprise Value (EV) 1 26,374 19,682 20,221 15,417 17,564 33,476
P/E ratio 6.76 x 4.82 x 7.99 x 4.85 x 5.07 x 5.53 x
Yield 1.9% 3.1% 1.88% 2.08% 2.95% 2.36%
Capitalization / Revenue 1.3 x 0.91 x 1.08 x 0.72 x 0.44 x 0.57 x
EV / Revenue 1 x 0.67 x 0.79 x 0.42 x 0.32 x 0.53 x
EV / EBITDA 3.24 x 2.09 x 2.93 x 1.41 x 1.51 x 2.78 x
EV / FCF 13.6 x -19.5 x 22.5 x 8.63 x -3.92 x -5.36 x
FCF Yield 7.36% -5.13% 4.44% 11.6% -25.5% -18.7%
Price to Book 1.15 x 0.78 x 0.74 x 0.63 x 0.51 x 0.69 x
Nbr of stocks (in thousands) 599,969 599,969 599,969 599,969 599,966 599,966
Reference price 2 56.92 44.83 46.17 44.12 39.60 59.40
Announcement Date 3/29/19 3/30/20 3/30/21 3/30/22 3/31/23 4/2/24
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 26,321 29,412 25,637 36,983 54,340 62,905
EBITDA 1 8,133 9,435 6,902 10,901 11,651 12,024
EBIT 1 5,879 6,877 4,378 7,630 7,534 7,982
Operating Margin 22.34% 23.38% 17.08% 20.63% 13.86% 12.69%
Earnings before Tax (EBT) 1 7,188 8,013 5,115 7,439 6,991 9,445
Net income 1 5,053 5,580 3,467 5,458 4,685 6,442
Net margin 19.2% 18.97% 13.52% 14.76% 8.62% 10.24%
EPS 2 8.422 9.301 5.778 9.097 7.809 10.74
Free Cash Flow 1 1,940 -1,010 897.5 1,787 -4,482 -6,251
FCF margin 7.37% -3.43% 3.5% 4.83% -8.25% -9.94%
FCF Conversion (EBITDA) 23.86% - 13% 16.39% - -
FCF Conversion (Net income) 38.4% - 25.89% 32.74% - -
Dividend per Share 2 1.083 1.392 0.8667 0.9167 1.170 1.400
Announcement Date 3/29/19 3/30/20 3/30/21 3/30/22 3/31/23 4/2/24
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 7,774 7,216 7,477 11,057 6,195 2,162
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,940 -1,010 897 1,787 -4,482 -6,251
ROE (net income / shareholders' equity) 18.5% 17.4% 9.66% 13.8% 10.6% 13.1%
ROA (Net income/ Total Assets) 8.72% 8.76% 5.16% 8.15% 6.77% 5.46%
Assets 1 57,952 63,718 67,181 66,997 69,187 118,035
Book Value Per Share 2 49.40 57.60 62.00 70.20 77.10 86.70
Cash Flow per Share 2 14.80 17.00 19.30 5.260 26.30 44.70
Capex 1 7,905 6,615 3,079 3,681 5,959 13,459
Capex / Sales 30.03% 22.49% 12.01% 9.95% 10.97% 21.4%
Announcement Date 3/29/19 3/30/20 3/30/21 3/30/22 3/31/23 4/2/24
1NGN in Million2NGN
Estimates
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