Financials Eckoh plc

Equities

Market Closed - London S.E. Other stock markets 11:35:23 2024-04-26 am EDT			5-day change	1st Jan Change
43.5 ^GBX	0.00%		+2.35%	+11.54%

Apr. 17	Eckoh expands Secure Voice Cloud platform to seven new regions	AN
Apr. 17	Eckoh plc Announces Major Expansion to Global Secure Voice Cloud Platform	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	94.64	127.4	183.8	109.1	102.4	125.1	-	-
Enterprise Value (EV) ¹	86.31	116	173.4	106.3	96.66	116.9	113.4	109.1
P/E ratio	104 x	-	-	-	22.9 x	39.5 x	29 x	25.6 x
Yield	1.63%	1.21%	0.84%	1.79%	2.08%	1.84%	1.98%	2.18%
Capitalization / Revenue	3.3 x	3.84 x	6.03 x	3.43 x	2.64 x	3.21 x	2.94 x	2.79 x
EV / Revenue	3.01 x	3.5 x	5.69 x	3.35 x	2.49 x	3 x	2.67 x	2.43 x
EV / EBITDA	20 x	18.2 x	27.3 x	15.6 x	10.3 x	11.6 x	10.2 x	8.98 x
EV / FCF	13.7 x	20.9 x	55.7 x	39.5 x	17.4 x	24.2 x	18.7 x	16 x
FCF Yield	7.28%	4.79%	1.8%	2.53%	5.73%	4.13%	5.35%	6.23%
Price to Book	5.36 x	-	9.4 x	2.51 x	2.49 x	3.51 x	3.32 x	2.18 x
Nbr of stocks (in thousands)	252,386	252,189	251,758	290,966	288,327	287,474	-	-
Reference price ²	0.3750	0.5050	0.7300	0.3750	0.3550	0.4350	0.4350	0.4350
Announcement Date	6/12/19	6/16/20	6/15/21	6/15/22	6/14/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	28.72	33.18	30.49	31.78	38.82	38.93	42.5	44.9
EBITDA ¹	4.321	6.386	6.356	6.794	9.394	10.08	11.12	12.15
EBIT ¹	3.086	4.733	4.749	5.229	7.736	8.237	9.101	10
Operating Margin	10.75%	14.27%	15.58%	16.45%	19.93%	21.16%	21.41%	22.27%
Earnings before Tax (EBT) ¹	-	-	-	-	5.02	4.5	5.95	6.9
Net income ¹	0.945	3.136	-	-	4.637	3.4	4.5	5.15
Net margin	3.29%	9.45%	-	-	11.94%	8.73%	10.59%	11.47%
EPS ²	0.003600	-	-	-	0.0155	0.0110	0.0150	0.0170
Free Cash Flow ¹	6.285	5.562	3.113	2.693	5.542	4.827	6.071	6.8
FCF margin	21.88%	16.76%	10.21%	8.47%	14.28%	12.4%	14.28%	15.14%
FCF Conversion (EBITDA)	145.45%	87.1%	48.98%	39.64%	59%	47.87%	54.61%	55.97%
FCF Conversion (Net income)	665.08%	177.36%	-	-	119.52%	141.97%	134.91%	132.04%
Dividend per Share ²	0.006100	0.006100	0.006100	0.006700	0.007400	0.008000	0.008610	0.009500
Announcement Date	6/12/19	6/16/20	6/15/21	6/15/22	6/14/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	8.33	11.3	10.4	2.8	5.7	8.19	11.7	16
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	6.29	5.56	3.11	2.69	5.54	4.83	6.07	6.8
ROE (net income / shareholders' equity)	-	-	-	-	15.4%	14.5%	15.4%	16.1%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.0700	-	0.0800	0.1500	0.1400	0.1200	0.1300	0.2000
Cash Flow per Share ²	0.0300	0.0300	0.0200	-	-	0.0200	0.0300	0.0300
Capex ¹	0.54	0.57	1.18	0.31	1.18	1.4	1.6	1.85
Capex / Sales	1.88%	1.72%	3.85%	0.97%	3.05%	3.6%	3.76%	4.12%
Announcement Date	6/12/19	6/16/20	6/15/21	6/15/22	6/14/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.435 GBP

Average target price

0.6733 GBP

Spread / Average Target

+54.79%

	1st Jan change	Capi.
ECKOH PLC	+11.54%	156M
BHARTI AIRTEL LIMITED	+28.33%	94.52B
SOFTBANK CORP.	+6.76%	56.67B
CELLNEX TELECOM, S.A.	-11.97%	23.64B
ROGERS COMMUNICATIONS INC.	-16.38%	20.55B
VODAFONE IDEA LIMITED	-12.50%	11.16B
ETIHAD ETISALAT COMPANY	+5.61%	10.64B
DIGI.COM	+2.45%	10.28B
FAR EASTONE TELECOMMUNICATIONS CO., LTD.	+0.88%	8.9B
MTN GROUP LIMITED	-25.24%	8.29B