Financials Desh Garments Limited

Equities

DSHGARME

BD0415DSHGR7

Apparel & Accessories

End-of-day quote Dhaka S.E. 06:00:00 2024-05-06 pm EDT 5-day change 1st Jan Change
90.2 BDT +1.35% Intraday chart for Desh Garments Limited +3.32% -19.03%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,550 1,351 757.9 1,338 1,209 1,003
Enterprise Value (EV) 1 1,554 1,423 844.7 1,429 1,394 1,155
P/E ratio 55.3 x 76.2 x 241 x 445 x 3,505 x 320 x
Yield - - - 0.28% - 0.25%
Capitalization / Revenue 2.89 x 2.01 x 1.75 x 7.19 x 2.69 x 2.04 x
EV / Revenue 2.9 x 2.12 x 1.95 x 7.68 x 3.1 x 2.35 x
EV / EBITDA 28.1 x 31.2 x 26 x 62.5 x 37.7 x 37.8 x
EV / FCF -26 x -20.8 x -49.9 x -370 x -15.7 x 33.2 x
FCF Yield -3.84% -4.8% -2% -0.27% -6.37% 3.02%
Price to Book 12.3 x 9.42 x 5.18 x 9.01 x 8.25 x 6.7 x
Nbr of stocks (in thousands) 8,288 8,288 8,288 8,288 8,288 8,288
Reference price 2 187.0 163.0 91.44 161.5 145.9 121.0
Announcement Date 9/19/18 12/8/19 12/2/20 12/15/21 12/14/22 12/13/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 535.8 671.2 434 186.1 450.2 492.5
EBITDA 1 55.23 45.62 32.47 22.85 36.95 30.56
EBIT 1 44 34.29 21.01 12.81 28.06 22.12
Operating Margin 8.21% 5.11% 4.84% 6.88% 6.23% 4.49%
Earnings before Tax (EBT) 1 34.06 18.04 6.411 4.114 3.27 8.791
Net income 1 28.01 16.99 3.141 3.005 0.345 3.132
Net margin 5.23% 2.53% 0.72% 1.61% 0.08% 0.64%
EPS 2 3.380 2.138 0.3789 0.3625 0.0416 0.3779
Free Cash Flow 1 -59.71 -68.24 -16.91 -3.863 -88.87 34.83
FCF margin -11.14% -10.17% -3.9% -2.08% -19.74% 7.07%
FCF Conversion (EBITDA) - - - - - 114.01%
FCF Conversion (Net income) - - - - - 1,112.23%
Dividend per Share - - - 0.4545 - 0.3000
Announcement Date 9/19/18 12/8/19 12/2/20 12/15/21 12/14/22 12/13/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 3.73 71.3 86.8 90.7 185 152
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.0675 x 1.563 x 2.674 x 3.969 x 5.01 x 4.98 x
Free Cash Flow 1 -59.7 -68.2 -16.9 -3.86 -88.9 34.8
ROE (net income / shareholders' equity) 25.7% 12.6% 2.17% 2.04% 0.23% 2.11%
ROA (Net income/ Total Assets) 8.95% 5.33% 3.63% 2.71% 5.05% 3.52%
Assets 1 313.1 318.6 86.41 110.8 6.829 88.96
Book Value Per Share 2 15.10 17.30 17.70 17.90 17.70 18.10
Cash Flow per Share 2 8.100 15.00 1.420 0.8100 0.7200 2.910
Capex 1 30.3 11.8 10.6 0.83 1.61 25.4
Capex / Sales 5.66% 1.76% 2.45% 0.45% 0.36% 5.15%
Announcement Date 9/19/18 12/8/19 12/2/20 12/15/21 12/14/22 12/13/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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