Financials Gammon Pakistan Limited

Equities

GAMON

PK0002501010

Construction & Engineering

End-of-day quote Pakistan S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
10.05 PKR +9.84% Intraday chart for Gammon Pakistan Limited -3.37% -22.39%

Valuation

Fiscal Period: Junio 2018 2019 2020 2021 2022 2023
Capitalization 1 344.3 233.2 517.8 431.1 192.2 149.8
Enterprise Value (EV) 1 371.8 262.9 548.3 457 221.7 178.2
P/E ratio 6.62 x 5.77 x 19.7 x -53.2 x -8.71 x 10 x
Yield - - - - - -
Capitalization / Revenue 0.89 x 1.16 x 2.8 x 5.69 x 5.96 x 3.09 x
EV / Revenue 0.97 x 1.31 x 2.97 x 6.04 x 6.87 x 3.67 x
EV / EBITDA 16.7 x 45 x -221 x -8.41 x -9.11 x 15.4 x
EV / FCF -337 x 38.9 x 58.6 x -53.3 x 14.3 x -92.1 x
FCF Yield -0.3% 2.57% 1.71% -1.88% 6.98% -1.09%
Price to Book 0.6 x 0.32 x 0.66 x 0.54 x 0.25 x 0.19 x
Nbr of stocks (in thousands) 28,266 28,266 28,266 28,266 28,266 28,266
Reference price 2 12.18 8.250 18.32 15.25 6.800 5.300
Announcement Date 12/26/19 12/26/19 10/26/20 10/8/21 10/10/22 10/12/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Junio 2018 2019 2020 2021 2022 2023
Net sales 1 385.2 201.4 184.6 75.72 32.26 48.5
EBITDA 1 22.26 5.844 -2.482 -54.32 -24.33 11.59
EBIT 1 19.07 2.605 -6.384 -57.74 -27.13 8.39
Operating Margin 4.95% 1.29% -3.46% -76.26% -84.09% 17.3%
Earnings before Tax (EBT) 1 62.04 55.38 45.95 -1.905 -14.62 13.91
Net income 1 52 40.4 26.31 -8.103 -22.06 14.95
Net margin 13.5% 20.06% 14.25% -10.7% -68.38% 30.83%
EPS 2 1.840 1.429 0.9309 -0.2867 -0.7805 0.5291
Free Cash Flow 1 -1.103 6.755 9.358 -8.57 15.48 -1.934
FCF margin -0.29% 3.35% 5.07% -11.32% 47.98% -3.99%
FCF Conversion (EBITDA) - 115.6% - - - -
FCF Conversion (Net income) - 16.72% 35.56% - - -
Dividend per Share - - - - - -
Announcement Date 12/26/19 12/26/19 10/26/20 10/8/21 10/10/22 10/12/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 27.5 29.7 30.4 26 29.5 28.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.234 x 5.089 x -12.26 x -0.4783 x -1.21 x 2.446 x
Free Cash Flow 1 -1.1 6.76 9.36 -8.57 15.5 -1.93
ROE (net income / shareholders' equity) 9.57% 6.2% 3.47% -1.03% -2.89% 1.94%
ROA (Net income/ Total Assets) 1.53% 0.18% -0.38% -3.36% -1.62% 0.5%
Assets 1 3,389 22,188 -6,872 241.4 1,366 2,975
Book Value Per Share 2 20.40 25.90 27.80 28.00 27.50 28.20
Cash Flow per Share 2 0.1500 0.0700 0.0400 0.2000 0.0800 0.1200
Capex 1 2.29 - 0.02 0.72 11.3 4.77
Capex / Sales 0.59% - 0.01% 0.95% 35.04% 9.83%
Announcement Date 12/26/19 12/26/19 10/26/20 10/8/21 10/10/22 10/12/23
1PKR in Million2PKR
Estimates
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