Financials Exide Pakistan Limited

Equities

EXIDE

PK0026101011

Auto, Truck & Motorcycle Parts

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
411.2 PKR +2.73% Intraday chart for Exide Pakistan Limited +4.79% +8.17%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,069 1,367 1,183 2,867 2,192 1,687
Enterprise Value (EV) 1 5,344 4,724 3,721 5,326 5,561 2,882
P/E ratio 142 x -2.71 x -2.12 x 34,129 x 76.1 x 2.24 x
Yield - - - - - 4.6%
Capitalization / Revenue 0.25 x 0.14 x 0.14 x 0.24 x 0.15 x 0.07 x
EV / Revenue 0.43 x 0.5 x 0.43 x 0.45 x 0.39 x 0.12 x
EV / EBITDA 10.6 x 81.9 x -224 x 11.3 x 8.91 x 1.6 x
EV / FCF 260 x -5.99 x 10.1 x 32.3 x -6.94 x 1.31 x
FCF Yield 0.38% -16.7% 9.9% 3.09% -14.4% 76.3%
Price to Book 0.72 x 0.36 x 0.31 x 0.75 x 0.57 x 0.33 x
Nbr of stocks (in thousands) 7,769 7,769 7,769 7,769 7,769 7,769
Reference price 2 395.0 176.0 152.2 369.0 282.1 217.2
Announcement Date 6/30/18 7/15/19 8/7/20 7/11/21 7/7/22 7/20/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 12,301 9,507 8,722 11,716 14,363 23,402
EBITDA 1 503 57.69 -16.58 469.8 624.3 1,799
EBIT 1 347.9 -102.3 -169.4 328.3 487.3 1,635
Operating Margin 2.83% -1.08% -1.94% 2.8% 3.39% 6.99%
Earnings before Tax (EBT) 1 194 -410.9 -435.9 175.8 209.9 1,152
Net income 1 21.62 -504.6 -558.9 0.084 28.8 754.5
Net margin 0.18% -5.31% -6.41% 0% 0.2% 3.22%
EPS 2 2.783 -64.95 -71.94 0.0108 3.708 97.12
Free Cash Flow 1 20.52 -788.9 368.2 164.7 -801.1 2,200
FCF margin 0.17% -8.3% 4.22% 1.41% -5.58% 9.4%
FCF Conversion (EBITDA) 4.08% - - 35.06% - 122.28%
FCF Conversion (Net income) 94.89% - - 196,088.39% - 291.63%
Dividend per Share - - - - - 10.00
Announcement Date 6/30/18 7/15/19 8/7/20 7/11/21 7/7/22 7/20/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,275 3,357 2,538 2,459 3,369 1,195
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.523 x 58.18 x -153.1 x 5.234 x 5.397 x 0.6641 x
Free Cash Flow 1 20.5 -789 368 165 -801 2,200
ROE (net income / shareholders' equity) 0.51% -12.5% -14.7% 0% 0.75% 16.9%
ROA (Net income/ Total Assets) 2.38% -0.73% -1.25% 2.56% 3.76% 10.8%
Assets 1 907.2 68,770 44,670 3.282 767 6,965
Book Value Per Share 2 552.0 487.0 489.0 490.0 494.0 656.0
Cash Flow per Share 2 113.0 19.20 18.10 12.10 17.20 209.0
Capex 1 225 50.8 58.6 75.8 224 335
Capex / Sales 1.83% 0.53% 0.67% 0.65% 1.56% 1.43%
Announcement Date 6/30/18 7/15/19 8/7/20 7/11/21 7/7/22 7/20/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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