Financials Conduit Capital Limited

Equities

CND

ZAE000073128

Multiline Insurance & Brokers

End-of-day quote Johannesburg S.E. 06:00:00 2022-09-20 pm EDT 5-day change 1st Jan Change
0.04 ZAR -.--% Intraday chart for Conduit Capital Limited -.--% -.--%

Valuation

Fiscal Period: June 2016 2017 2018 2019 2020 2021
Capitalization 1 911.3 1,415 1,411 939.8 425.1 413
Enterprise Value (EV) 1 638.8 1,207 1,072 807.4 345.1 323.2
P/E ratio -35.7 x -6.9 x 9.9 x -1.44 x -0.74 x -2.84 x
Yield - - - - - -
Capitalization / Revenue 1.33 x 1.81 x 1.05 x 1.77 x 0.59 x 0.39 x
EV / Revenue 0.93 x 1.54 x 0.8 x 1.52 x 0.48 x 0.31 x
EV / EBITDA -19.9 x -10.5 x 5.28 x -1.22 x -0.58 x -1.98 x
EV / FCF -4.04 x -52.5 x 7.09 x -3.87 x -2.45 x -6.28 x
FCF Yield -24.7% -1.9% 14.1% -25.9% -40.7% -15.9%
Price to Book 1.58 x 1.36 x 1 x 1.27 x 2.43 x 22.9 x
Nbr of stocks (in thousands) 331,377 589,441 712,811 701,309 708,569 688,276
Reference price 2 2.750 2.400 1.980 1.340 0.6000 0.6000
Announcement Date 10/20/16 10/20/17 10/19/18 10/18/19 12/1/20 10/29/21
1ZAR in Million2
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2016 2017 2018 2019 2020 2021
Net sales 1 685.5 782.9 1,345 530.3 720 1,054
EBITDA 1 -32.02 -114.5 202.8 -663.4 -591.4 -163
EBIT 1 -33.42 -116.7 200 -673.4 -598.6 -170.2
Operating Margin -4.88% -14.91% 14.86% -126.99% -83.14% -16.15%
Earnings before Tax (EBT) 1 -21.41 -168.3 201.3 -706.7 -642 -281.9
Net income 1 -23.82 -136.7 127.2 -651.7 -568.7 -145.8
Net margin -3.47% -17.46% 9.46% -122.89% -78.98% -13.83%
EPS 2 -0.0770 -0.3480 0.2000 -0.9282 -0.8066 -0.2113
Free Cash Flow 1 -158 -22.96 151.2 -208.8 -140.6 -51.46
FCF margin -23.05% -2.93% 11.24% -39.37% -19.53% -4.88%
FCF Conversion (EBITDA) - - 74.54% - - -
FCF Conversion (Net income) - - 118.84% - - -
Dividend per Share - - - - - -
Announcement Date 10/20/16 10/20/17 10/19/18 10/18/19 12/1/20 10/29/21
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2016 2017 2018 2019 2020 2021
Net Debt 1 - - - - - -
Net Cash position 1 272 208 339 132 80 89.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -158 -23 151 -209 -141 -51.5
ROE (net income / shareholders' equity) -4.65% -18.1% 10.8% -60.6% -124% -151%
ROA (Net income/ Total Assets) -1.84% -4.9% 5.95% -17.9% -18.8% -6.87%
Assets 1 1,297 2,787 2,138 3,631 3,021 2,123
Book Value Per Share 2 1.740 1.760 1.980 1.050 0.2500 0.0300
Cash Flow per Share 2 0.8200 0.3900 0.4800 0.2800 0.2100 0.2300
Capex 1 1.1 5.39 2.77 15.8 6.73 2.05
Capex / Sales 0.16% 0.69% 0.21% 2.99% 0.93% 0.19%
Announcement Date 10/20/16 10/20/17 10/19/18 10/18/19 12/1/20 10/29/21
1ZAR in Million2ZAR
Estimates
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