Valuation Brimstone Investment Corporation Limited

Equities

End-of-day quote Johannesburg S.E. Other stock markets 2024-12-05			5-day change	1st Jan Change
5.310 ^ZAR	0.00%		+7.71%	+3.91%

Jul. 31	Brimstone Investment Corporation Limited Provides Earnings Guidance for the Six Months Ended 30 June 2024	CI
Jul. 30	Brimstone Investment Corporation Limited Reports Earnings Results for the Half Year Ended June 30, 2024	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Capitalization ¹	2,147	1,743	1,618	1,601	1,383	1,213
Change	-	-18.8%	-7.19%	-1.03%	-13.61%	-12.27%
Enterprise Value (EV) ¹	5,542	6,114	5,281	5,016	5,865	5,930
Change	-	10.32%	-13.63%	-5.02%	16.93%	1.11%
P/E ratio	-32.4x	-21.4x	-7.96x	2.16x	6.95x	4.38x
PBR	0.93x	0.72x	0.59x	0.53x	0.39x	0.35x
PEG	-	-2.1x	-0x	-0x	-0.1x	0.1x
Capitalization / Revenue	0.64x	0.39x	0.34x	0.32x	0.22x	0.19x
EV / Revenue	1.64x	1.38x	1.12x	0.99x	0.94x	0.91x
EV / EBITDA	10.8x	7.16x	6.94x	5.42x	7.74x	8.16x
EV / EBIT	14.3x	9.32x	9.6x	7.22x	11.5x	13x
EV / FCF	-13.1x	-16x	-15.9x	11.8x	-28.7x	-11.6x
FCF Yield	-7.64%	-6.24%	-6.31%	8.49%	-3.48%	-8.64%
Dividend per Share ²	0.45	-	-	0.3	0.33	0.4
Rate of return	4.29%	-	-	4.76%	6.27%	7.83%
EPS ²	-0.3245	-0.358	-0.73	2.916	0.757	1.166
Distribution rate	-139%	-	-	10.3%	43.6%	34.3%
Net sales ¹	3,377	4,440	4,715	5,055	6,213	6,529
EBITDA ¹	514.4	854.1	760.7	925.2	757.9	726.8
EBIT ¹	388.6	656.1	550	695.1	509.6	455.1
Net income ¹	-78.5	-85.77	-184.5	731.9	189.9	291.3
Net Debt ¹	3,396	4,371	3,663	3,415	4,482	4,717
Reference price ²	10.500	7.650	5.810	6.300	5.260	5.110
Nbr of stocks (in thousands)	234,731	238,592	252,803	247,789	248,091	248,221
Announcement Date	4/25/19	6/30/20	6/9/21	4/28/22	4/24/23	4/24/24