Financials Brait PLC

Equities

BAT

LU0011857645

Investment Holding Companies

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.24 ZAR -0.80% Intraday chart for Brait PLC -8.15% -31.87%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 18,343 12,195 4,950 3,445 5,743 4,780
Enterprise Value (EV) 2 18,840 12,935 5,303 3,789 8,408 7,904
P/E ratio -25.6 x -17.2 x -2.2 x 138 x 9.95 x -5.15 x
Yield - - - - - -
Capitalization / Revenue -32 x -19.1 x -5.4 x 42 x 5.29 x -7.93 x
EV / Revenue -32.8 x -20.2 x -5.78 x 46.2 x 7.75 x -13.1 x
EV / EBITDA - - - - - -
EV / FCF -47.6 x -26 x -9.01 x 15,157 x 26.2 x -11.9 x
FCF Yield -2.1% -3.85% -11.1% 0.01% 3.82% -8.37%
Price to Book 9.87 x 9.33 x 8.95 x 5.73 x 0.52 x 0.51 x
Nbr of stocks (in thousands) 508,124 508,124 1,319,993 1,319,993 1,320,312 1,320,312
Reference price 3 36.10 24.00 3.750 2.610 4.350 3.620
Announcement Date 7/2/18 7/8/19 7/21/20 7/12/21 7/8/22 6/30/23
1ZAR in Million2EUR in Million3ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 -574 -640 -917 82 1,085 -603
EBITDA - - - - - -
EBIT 1 -592 -691 -941 74 909 -793
Operating Margin 103.14% 107.97% 102.62% 90.24% 83.78% 131.51%
Earnings before Tax (EBT) 1 -665 -706 -971 26 577 -928
Net income 1 -667 -708 -972 25 577 -928
Net margin 116.2% 110.62% 106% 30.49% 53.18% 153.9%
EPS 2 -1.410 -1.394 -1.705 0.0189 0.4371 -0.7030
Free Cash Flow 1 -395.6 -498 -588.5 0.25 321.4 -661.6
FCF margin 68.92% 77.81% 64.18% 0.3% 29.62% 109.72%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - 1% 55.7% -
Dividend per Share - - - - - -
Announcement Date 7/2/18 7/8/19 7/21/20 7/12/21 7/8/22 6/30/23
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 497 740 353 344 2,665 3,124
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -396 -498 -589 0.25 321 -662
ROE (net income / shareholders' equity) -29.7% -44.8% -110% 4.33% 5.37% -9.11%
ROA (Net income/ Total Assets) -12.3% -18.4% -37.5% 4.41% 3.72% -3.76%
Assets 1 5,437 3,858 2,594 567 15,495 24,653
Book Value Per Share 2 3.660 2.570 0.4200 0.4600 8.370 7.060
Cash Flow per Share 2 0.3900 0.1100 0.1500 0.0100 0 0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 7/2/18 7/8/19 7/21/20 7/12/21 7/8/22 6/30/23
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise