Financials Blue Island Plc

Equities

BLUE

CY0004941411

Fishing & Farming

End-of-day quote CYPRUS S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.06 EUR +8.16% Intraday chart for Blue Island Plc +3.92% +28.48%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4.94 9.726 10.34 12.35 8.414 13.12
Enterprise Value (EV) 1 5.909 10.63 12.75 13.62 8.357 11.85
P/E ratio 3.62 x 6.11 x 10.1 x 51.6 x 10.7 x 8.62 x
Yield 9.38% 3.81% 3.58% - - 6.12%
Capitalization / Revenue 0.23 x 0.44 x 0.44 x 0.55 x 0.31 x 0.46 x
EV / Revenue 0.28 x 0.48 x 0.54 x 0.6 x 0.31 x 0.42 x
EV / EBITDA 3.32 x 3.47 x 5.38 x 8.02 x 4.11 x 4.13 x
EV / FCF -21.4 x -44.2 x 67.5 x 9.93 x 5.65 x 12.3 x
FCF Yield -4.68% -2.26% 1.48% 10.1% 17.7% 8.14%
Price to Book 0.34 x 0.62 x 0.64 x 0.77 x 0.51 x 0.74 x
Nbr of stocks (in thousands) 15,438 15,438 15,438 15,438 15,438 15,438
Reference price 2 0.3200 0.6300 0.6700 0.8000 0.5450 0.8500
Announcement Date 4/19/18 4/12/19 6/11/20 4/29/21 5/2/22 4/28/23
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 21.28 21.98 23.64 22.57 27.3 28.25
EBITDA 1 1.777 3.066 2.371 1.697 2.034 2.872
EBIT 1 1.053 2.31 1.414 0.7243 1.008 1.774
Operating Margin 4.95% 10.51% 5.98% 3.21% 3.69% 6.28%
Earnings before Tax (EBT) 1 1.669 2.065 1.175 0.395 0.8555 1.75
Net income 1 1.366 1.593 1.023 0.2392 0.783 1.522
Net margin 6.42% 7.25% 4.33% 1.06% 2.87% 5.39%
EPS 2 0.0885 0.1032 0.0663 0.0155 0.0507 0.0986
Free Cash Flow 1 -0.2766 -0.2404 0.1888 1.371 1.479 0.9646
FCF margin -1.3% -1.09% 0.8% 6.07% 5.42% 3.42%
FCF Conversion (EBITDA) - - 7.96% 80.77% 72.7% 33.59%
FCF Conversion (Net income) - - 18.46% 573.19% 188.89% 63.39%
Dividend per Share 2 0.0300 0.0240 0.0240 - - 0.0520
Announcement Date 4/19/18 4/12/19 6/11/20 4/29/21 5/2/22 4/28/23
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 0.97 0.9 2.41 1.27 - -
Net Cash position 1 - - - - 0.06 1.27
Leverage (Debt/EBITDA) 0.545 x 0.2948 x 1.017 x 0.7469 x - -
Free Cash Flow 1 -0.28 -0.24 0.19 1.37 1.48 0.96
ROE (net income / shareholders' equity) 9.74% 10.6% 6.44% 1.49% 4.82% 8.93%
ROA (Net income/ Total Assets) 3.45% 6.97% 3.87% 1.97% 2.87% 4.81%
Assets 1 39.6 22.85 26.45 12.11 27.27 31.61
Book Value Per Share 2 0.9400 1.010 1.050 1.040 1.060 1.140
Cash Flow per Share 2 0.0300 0.0400 0.0400 0.0500 0.0900 0.1500
Capex 1 0.83 0.64 1.03 1.09 1.37 1.53
Capex / Sales 3.92% 2.9% 4.35% 4.84% 5.03% 5.42%
Announcement Date 4/19/18 4/12/19 6/11/20 4/29/21 5/2/22 4/28/23
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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