HALEON PAKISTAN LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 254.5 PKR | +0.98% |
|
+3.88% | +50.58% |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 30,986 | 25,454 | 30,015 | 31,035 | 28,217 | 19,185 |
| Enterprise Value (EV) 1 | 29,684 | 26,338 | 30,139 | 29,139 | 25,129 | 15,905 |
| P/E ratio | 43.8 x | 29 x | 23.9 x | 24.6 x | 13.2 x | 59 x |
| Yield | 1.54% | 1.88% | 1.95% | 1.89% | - | - |
| Capitalization / Revenue | 3.73 x | 1.71 x | 1.84 x | 1.56 x | 1.17 x | 0.7 x |
| EV / Revenue | 3.58 x | 1.77 x | 1.85 x | 1.47 x | 1.04 x | 0.58 x |
| EV / EBITDA | 29 x | 14.9 x | 14.2 x | 14.1 x | 7.84 x | 11.9 x |
| EV / FCF | 56.9 x | -66.6 x | 26.9 x | 12.1 x | 18.3 x | 23.5 x |
| FCF Yield | 1.76% | -1.5% | 3.72% | 8.25% | 5.46% | 4.26% |
| Price to Book | 13.5 x | 8.13 x | 6.67 x | 6.01 x | 4.2 x | 2.72 x |
| Nbr of stocks (in thousands) | 95,550 | 95,550 | 117,055 | 117,055 | 117,055 | 117,055 |
| Reference price 2 | 324.3 | 266.4 | 256.4 | 265.1 | 241.1 | 163.9 |
| Announcement Date | 3/8/18 | 4/2/19 | 4/29/20 | 3/31/21 | 2/28/22 | 4/6/23 |
1PKR in Million2PKR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 8,298 | 14,875 | 16,317 | 19,846 | 24,163 | 27,507 |
| EBITDA 1 | 1,024 | 1,773 | 2,115 | 2,067 | 3,204 | 1,335 |
| EBIT 1 | 1,001 | 1,562 | 1,884 | 1,799 | 2,903 | 1,010 |
| Operating Margin | 12.06% | 10.5% | 11.54% | 9.06% | 12.01% | 3.67% |
| Earnings before Tax (EBT) 1 | 1,171 | 1,463 | 1,700 | 1,774 | 3,016 | 992.8 |
| Net income 1 | 706.8 | 1,075 | 1,258 | 1,262 | 2,134 | 325.4 |
| Net margin | 8.52% | 7.22% | 7.71% | 6.36% | 8.83% | 1.18% |
| EPS 2 | 7.397 | 9.180 | 10.74 | 10.78 | 18.23 | 2.780 |
| Free Cash Flow 1 | 521.9 | -395.3 | 1,120 | 2,404 | 1,373 | 676.8 |
| FCF margin | 6.29% | -2.66% | 6.86% | 12.11% | 5.68% | 2.46% |
| FCF Conversion (EBITDA) | 50.96% | - | 52.94% | 116.3% | 42.84% | 50.71% |
| FCF Conversion (Net income) | 73.83% | - | 89.04% | 190.49% | 64.31% | 208% |
| Dividend per Share 2 | 5.000 | 5.000 | 5.000 | 5.000 | - | - |
| Announcement Date | 3/8/18 | 4/2/19 | 4/29/20 | 3/31/21 | 2/28/22 | 4/6/23 |
1PKR in Million2PKR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 884 | 124 | - | - | - |
| Net Cash position 1 | 1,302 | - | - | 1,895 | 3,088 | 3,281 |
| Leverage (Debt/EBITDA) | - | 0.4989 x | 0.0587 x | - | - | - |
| Free Cash Flow 1 | 522 | -395 | 1,120 | 2,404 | 1,373 | 677 |
| ROE (net income / shareholders' equity) | 36.3% | 35% | 30.2% | 26.1% | 35.9% | 4.73% |
| ROA (Net income/ Total Assets) | 18.4% | 16.4% | 13.9% | 11.3% | 14.6% | 4.36% |
| Assets 1 | 3,849 | 6,554 | 9,045 | 11,202 | 14,610 | 7,455 |
| Book Value Per Share 2 | 24.00 | 32.80 | 38.40 | 44.10 | 57.40 | 60.20 |
| Cash Flow per Share 2 | 11.50 | 6.040 | 5.500 | 18.20 | 21.00 | 21.40 |
| Capex 1 | 28.4 | 315 | 525 | 851 | 543 | 503 |
| Capex / Sales | 0.34% | 2.12% | 3.22% | 4.29% | 2.25% | 1.83% |
| Announcement Date | 3/8/18 | 4/2/19 | 4/29/20 | 3/31/21 | 2/28/22 | 4/6/23 |
1PKR in Million2PKR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +50.58% | 107M | |
| +19.27% | 43.75B | |
| +27.47% | 22.06B | |
| +15.26% | 14.46B | |
| +12.33% | 13.62B | |
| +38.36% | 11.61B | |
| -9.54% | 6.9B | |
| -0.05% | 6.79B | |
| -8.87% | 5.73B | |
| +9.64% | 5.32B |
- Stock Market
- Equities
- HALEON Stock
- Financials Haleon Pakistan Limited
