Financials British American Tobacco Uganda Limited

Equities

BATU

UG0000000022

Tobacco

End-of-day quote UGANDA SECURITIES EXCHANGE 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
15,000 UGX 0.00% Intraday chart for British American Tobacco Uganda Limited 0.00% 0.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,472,400 1,472,400 1,472,400 1,472,400 1,472,400 736,200
Enterprise Value (EV) 1 1,468,404 1,455,137 1,461,237 1,458,733 1,464,179 726,576
P/E ratio 122 x 107 x 93.9 x 73.8 x 143 x 74.5 x
Yield 0.82% 0.93% 1.07% 1.35% 0.7% 1.39%
Capitalization / Revenue 21.4 x 21.1 x 19.5 x 18.6 x 32.6 x 15 x
EV / Revenue 21.4 x 20.8 x 19.4 x 18.4 x 32.4 x 14.9 x
EV / EBITDA 72 x 69.4 x 62.2 x 48.5 x 90.4 x 47.5 x
EV / FCF 482 x 60.7 x 194 x 92.2 x 127 x 69.6 x
FCF Yield 0.21% 1.65% 0.52% 1.08% 0.79% 1.44%
Price to Book 37.8 x 36.3 x 33.5 x 30.6 x 38.2 x 19.3 x
Nbr of stocks (in thousands) 49,080 49,080 49,080 49,080 49,080 49,080
Reference price 2 30,000 30,000 30,000 30,000 30,000 15,000
Announcement Date 2/14/18 2/13/19 6/30/20 5/3/21 5/26/22 7/4/23
1UGX in Million2UGX
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 68,706 69,811 75,436 79,248 45,209 48,922
EBITDA 1 20,401 20,957 23,503 30,062 16,189 15,306
EBIT 1 19,338 19,953 22,439 29,149 15,204 14,398
Operating Margin 28.15% 28.58% 29.75% 36.78% 33.63% 29.43%
Earnings before Tax (EBT) 1 17,584 19,995 22,462 29,212 15,132 14,282
Net income 1 12,075 13,742 15,682 19,960 10,286 9,882
Net margin 17.58% 19.68% 20.79% 25.19% 22.75% 20.2%
EPS 2 246.0 280.0 319.5 406.7 209.6 201.3
Free Cash Flow 1 3,046 23,985 7,546 15,818 11,504 10,437
FCF margin 4.43% 34.36% 10% 19.96% 25.45% 21.33%
FCF Conversion (EBITDA) 14.93% 114.45% 32.11% 52.62% 71.06% 68.19%
FCF Conversion (Net income) 25.23% 174.54% 48.12% 79.25% 111.84% 105.62%
Dividend per Share 2 246.0 280.0 320.0 406.0 209.0 209.0
Announcement Date 2/14/18 2/13/19 6/30/20 5/3/21 5/26/22 7/4/23
1UGX in Million2UGX
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 3,996 17,262 11,163 13,666 8,221 9,624
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 3,046 23,985 7,546 15,818 11,504 10,437
ROE (net income / shareholders' equity) 32.8% 34.6% 37.1% 43.3% 23.7% 25.8%
ROA (Net income/ Total Assets) 22% 21.9% 22.2% 26.5% 14.7% 15.5%
Assets 1 54,875 62,624 70,799 75,448 69,903 63,598
Book Value Per Share 2 793.0 827.0 895.0 982.0 785.0 778.0
Cash Flow per Share 2 81.40 352.0 260.0 297.0 190.0 215.0
Capex 1 18.8 26.6 993 399 75.8 52.1
Capex / Sales 0.03% 0.04% 1.32% 0.5% 0.17% 0.11%
Announcement Date 2/14/18 2/13/19 6/30/20 5/3/21 5/26/22 7/4/23
1UGX in Million2UGX
Estimates
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