Financials DFS Furniture plc

Equities

Market Closed - London S.E. Other stock markets 11:35:04 2024-04-26 am EDT			5-day change	1st Jan Change
114 ^GBX	+0.88%		+1.79%	-6.40%

Apr. 09	DFS Furniture Shareholders Approve Directors' Remuneration Report at AGM	MT
Mar. 28	Berenberg Downgrades DFS Furniture to Hold from Buy, Cuts PT	MT

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	538.9	420.9	735.1	398.8	251.3	262.7	-	-
Enterprise Value (EV) ¹	715.2	1,094	1,206	932.7	801.8	845.4	811.3	791.9
P/E ratio	-	-5.25 x	8.25 x	13 x	9.93 x	17.2 x	9.21 x	6.28 x
Yield	4.41%	-	2.64%	4.65%	4.12%	2.75%	5.12%	6.8%
Capitalization / Revenue	0.54 x	0.58 x	0.69 x	0.35 x	0.23 x	0.26 x	0.25 x	0.24 x
EV / Revenue	0.72 x	1.51 x	1.13 x	0.81 x	0.74 x	0.83 x	0.76 x	0.72 x
EV / EBITDA	7.93 x	17.7 x	5.42 x	5.3 x	5.09 x	5.53 x	4.78 x	4.18 x
EV / FCF	-	33.9 x	4.83 x	10.9 x	-115 x	72.9 x	16.4 x	11.6 x
FCF Yield	-	2.95%	20.7%	9.17%	-0.87%	1.37%	6.09%	8.59%
Price to Book	-	1.8 x	2.57 x	1.51 x	1.08 x	1.05 x	0.96 x	0.86 x
Nbr of stocks (in thousands)	212,174	255,370	258,386	250,834	230,103	230,458	-	-
Reference price ²	2.540	1.648	2.845	1.590	1.092	1.140	1.140	1.140
Announcement Date	9/26/19	9/24/20	9/23/21	9/15/22	10/10/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	996.2	724.5	1,068	1,150	1,089	1,017	1,069	1,107
EBITDA ¹	90.2	61.9	222.6	175.9	157.4	152.8	169.8	189.5
EBIT ¹	60.9	-25.6	137.3	87.7	63.3	59.46	76.58	97.19
Operating Margin	6.11%	-3.53%	12.86%	7.63%	5.81%	5.85%	7.16%	8.78%
Earnings before Tax (EBT) ¹	43.6	-74.9	99.2	58.5	29.7	15.1	44.27	67.9
Net income ¹	-	-63	88.7	31.4	26.2	17.1	29.72	42.63
Net margin	-	-8.7%	8.31%	2.73%	2.41%	1.68%	2.78%	3.85%
EPS ²	-	-0.3140	0.3450	0.1220	0.1100	0.0662	0.1238	0.1815
Free Cash Flow ¹	-	32.3	249.8	85.5	-7	11.6	49.4	68.05
FCF margin	-	4.46%	23.4%	7.44%	-0.64%	1.14%	4.62%	6.15%
FCF Conversion (EBITDA)	-	52.18%	112.22%	48.61%	-	7.59%	29.09%	35.91%
FCF Conversion (Net income)	-	-	281.62%	272.29%	-	67.85%	166.23%	159.62%
Dividend per Share ²	0.1120	-	0.0750	0.0740	0.0450	0.0314	0.0583	0.0776
Announcement Date	9/26/19	9/24/20	9/23/21	9/15/22	10/10/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: Junio	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	176	674	471	534	551	583	549	529
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.955 x	10.88 x	2.117 x	3.035 x	3.497 x	3.813 x	3.231 x	2.793 x
Free Cash Flow ¹	-	32.3	250	85.5	-7	11.6	49.4	68.1
ROE (net income / shareholders' equity)	-	-23.6%	-	16.1%	8.93%	8.03%	15.2%	19.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	0.9200	1.110	1.050	1.010	1.080	1.180	1.330
Cash Flow per Share ²	-	-	-	-	-	0.1300	0.2700	0.3400
Capex ¹	26.3	23.4	49.2	47.4	34.9	25.8	28.6	32.3
Capex / Sales	2.64%	3.23%	4.61%	4.12%	3.21%	2.54%	2.67%	2.92%
Announcement Date	9/26/19	9/24/20	9/23/21	9/15/22	10/10/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.14 GBP

Average target price

1.52 GBP

Spread / Average Target

+33.33%

	1st Jan change	Capi.
DFS FURNITURE PLC	-6.40%	327M
TEMPUR SEALY INTERNATIONAL, INC.	-2.06%	8.67B
JASON FURNITURE (HANGZHOU) CO.,LTD.	-4.20%	3.79B
SUOFEIYA HOME COLLECTION CO., LTD.	+5.08%	2.22B
DE RUCCI HEALTHY SLEEP CO., LTD.	+6.69%	1.8B
LA-Z-BOY INCORPORATED	-10.32%	1.41B
SHEELA FOAM LIMITED	-27.03%	1.18B
MOTOMOTION CHINA CORPORATION	+28.08%	1.13B
XILINMEN FURNITURE CO.,LTD	+4.35%	928M
HENGLIN HOME FURNISHINGS CO.,LTD	-2.98%	816M