BRAVURA SOLUTIONS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.395 AUD | -1.76% |
|
+6.49% | +63.16% |
| Feb. 20 | Bravura Solutions Shares Surge 29% as H1 FY24 Losses Narrow on Higher Revenue | MT |
| Feb. 20 | Bravura Solutions Narrows H1 FY24 Loss on Higher Revenue, Absence of Impairment Expense | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,182 | 1,100 | 868.2 | 351.4 | 210.7 | 625.5 | - | - |
| Enterprise Value (EV) 1 | 987 | 1,000 | 794.7 | 302.7 | 135 | 583.8 | 590 | 591.7 |
| P/E ratio | 32.8 x | 27.3 x | 25.1 x | 11.8 x | -0.51 x | 86.9 x | 25.9 x | 21.2 x |
| Yield | 2.06% | 2.44% | 2.45% | 4.88% | - | - | 0.6% | 2.32% |
| Capitalization / Revenue | 4.59 x | 4.01 x | 3.57 x | 1.32 x | 0.84 x | 2.51 x | 2.44 x | 2.33 x |
| EV / Revenue | 3.83 x | 3.65 x | 3.27 x | 1.14 x | 0.54 x | 2.34 x | 2.3 x | 2.2 x |
| EV / EBITDA | 20.1 x | 17.3 x | 16.1 x | 6.69 x | -16.8 x | 36.7 x | 18 x | 15.4 x |
| EV / FCF | - | - | 36.2 x | 19 x | -4.37 x | -229 x | 22.3 x | 17.9 x |
| FCF Yield | - | - | 2.76% | 5.25% | -22.9% | -0.44% | 4.49% | 5.59% |
| Price to Book | 4.05 x | 3.54 x | 2.63 x | 1.05 x | 1.67 x | 4.69 x | 4.35 x | 3.68 x |
| Nbr of stocks (in thousands) | 243,171 | 244,343 | 247,362 | 248,354 | 448,354 | 448,354 | - | - |
| Reference price 2 | 4.860 | 4.500 | 3.510 | 1.415 | 0.4700 | 1.395 | 1.395 | 1.395 |
| Announcement Date | 8/22/19 | 8/25/20 | 8/24/21 | 8/29/22 | 8/24/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 257.7 | 274.2 | 243 | 266.6 | 249.6 | 249.3 | 256.4 | 268.4 |
| EBITDA 1 | 49.06 | 57.8 | 49.3 | 45.27 | -8.061 | 15.91 | 32.81 | 38.43 |
| EBIT 1 | 42.59 | 48.4 | 39.4 | 36.13 | -22.17 | 6.449 | 23.91 | 29.61 |
| Operating Margin | 16.53% | 17.65% | 16.21% | 13.55% | -8.88% | 2.59% | 9.33% | 11.03% |
| Earnings before Tax (EBT) 1 | 41.51 | 47.1 | 39 | 33.99 | -281.8 | 10.75 | 27.84 | 34.99 |
| Net income 1 | 32.81 | 40.1 | 34.6 | 29.93 | -280.7 | 7.867 | 20.42 | 25.4 |
| Net margin | 12.73% | 14.62% | 14.24% | 11.22% | -112.47% | 3.16% | 7.96% | 9.46% |
| EPS 2 | 0.1480 | 0.1650 | 0.1400 | 0.1200 | -0.9170 | 0.0160 | 0.0538 | 0.0659 |
| Free Cash Flow 1 | - | - | 21.97 | 15.91 | -30.9 | -2.55 | 26.5 | 33.1 |
| FCF margin | - | - | 9.04% | 5.97% | -12.38% | -1.02% | 10.34% | 12.33% |
| FCF Conversion (EBITDA) | - | - | 44.56% | 35.14% | - | - | 80.76% | 86.14% |
| FCF Conversion (Net income) | - | - | 63.5% | 53.16% | - | - | 129.8% | 130.32% |
| Dividend per Share 2 | 0.1000 | 0.1100 | 0.0860 | 0.0690 | - | - | 0.008370 | 0.0324 |
| Announcement Date | 8/22/19 | 8/25/20 | 8/24/21 | 8/29/22 | 8/24/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 135.1 | 139.1 | 115.7 | 127.3 | 132.3 | 134.3 | 118.3 | 131.3 | - | - | - | - |
| EBITDA | - | - | - | - | - | - | -7.018 | -1.043 | - | - | - | - |
| EBIT | - | - | 9.966 | 29.5 | 17.87 | 18.26 | -13.66 | - | - | - | - | - |
| Operating Margin | - | - | 8.61% | 23.17% | 13.5% | 13.6% | -11.55% | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | 9.02 | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | 7.79% | - | - | - | - | - | - | - | - | - |
| EPS 1 | - | - | 0.0360 | - | - | 0.0590 | - | -0.1480 | -0.004000 | 0.0100 | 0.0200 | 0.0100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/19/20 | 8/25/20 | 2/24/21 | 8/24/21 | 2/24/22 | 8/29/22 | 3/6/23 | 8/24/23 | 2/19/24 | - | - | - |
1AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 195 | 99.1 | 73.6 | 48.7 | 75.7 | 41.6 | 35.5 | 33.8 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 22 | 15.9 | -30.9 | -2.55 | 26.5 | 33.1 |
| ROE (net income / shareholders' equity) | 16.2% | 13.3% | 10.8% | 9% | -10% | 4.77% | 15.7% | 17.8% |
| ROA (Net income/ Total Assets) | - | - | 7.74% | 6.59% | -6.54% | 1.85% | 7.44% | 9.05% |
| Assets 1 | - | - | 446.8 | 453.9 | 4,290 | 424.7 | 274.4 | 280.5 |
| Book Value Per Share 2 | 1.200 | 1.270 | 1.330 | 1.350 | 0.2800 | 0.3000 | 0.3200 | 0.3800 |
| Cash Flow per Share 2 | 0.1900 | 0.2600 | 0.2400 | 0.2000 | -0.0300 | 0.0600 | 0.0600 | 0.0700 |
| Capex 1 | 13.3 | 12.5 | 25.3 | 26.2 | 19.2 | 7.42 | 6.96 | 7.28 |
| Capex / Sales | 5.17% | 4.58% | 10.42% | 9.82% | 7.69% | 2.98% | 2.71% | 2.71% |
| Announcement Date | 8/22/19 | 8/25/20 | 8/24/21 | 8/29/22 | 8/24/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
1.395
AUD
Average target price
1.25
AUD
Spread / Average Target
-10.42%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +63.16% | 408M | |
| -19.95% | 214B | |
| -9.06% | 66.27B | |
| -3.37% | 56.38B | |
| -10.49% | 46.62B | |
| +8.30% | 43.93B | |
| -6.51% | 34.19B | |
| -7.95% | 29.14B | |
| +85.24% | 24.32B | |
| +3.45% | 21.64B |
- Stock Market
- Equities
- BVS Stock
- Financials Bravura Solutions Limited
