Financials HOV Services Limited

Equities

HOVS

INE596H01014

IT Services & Consulting

Market Closed - NSE India S.E. 07:43:53 2024-06-12 am EDT 5-day change 1st Jan Change
63.87 INR +2.68% Intraday chart for HOV Services Limited +8.16% -11.90%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 2,902 1,625 288.3 750.3 552.9 525.8
Enterprise Value (EV) 1 2,904 1,597 296.4 711 537.3 452.2
P/E ratio 122 x 924 x 43.1 x 29.2 x 25.7 x 11.5 x
Yield - - - - - -
Capitalization / Revenue 21.3 x 15.4 x 2.63 x 7.77 x 5.5 x 4.36 x
EV / Revenue 21.4 x 15.1 x 2.7 x 7.36 x 5.34 x 3.75 x
EV / EBITDA 70.6 x 116 x 11.7 x 21 x 17.9 x 14.3 x
EV / FCF 33.1 x 48.4 x 3.24 x 30.2 x 20.8 x 20.6 x
FCF Yield 3.02% 2.07% 30.9% 3.31% 4.81% 4.85%
Price to Book 0.41 x 0.37 x 0.85 x 0.78 x 1.85 x 2.33 x
Nbr of stocks (in thousands) 12,536 12,589 12,589 12,589 12,595 12,595
Reference price 2 231.5 129.0 22.90 59.60 43.90 41.75
Announcement Date 8/11/18 8/13/19 8/25/20 8/26/21 9/27/22 7/3/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 136 105.4 109.7 96.55 100.6 120.6
EBITDA 1 41.14 13.8 25.25 33.87 30.02 31.64
EBIT 1 34.64 6.894 22.33 30.94 27.18 28.56
Operating Margin 25.47% 6.54% 20.35% 32.05% 27.02% 23.69%
Earnings before Tax (EBT) 1 30.79 6.904 22.64 31.45 30.1 54.51
Net income 1 23.78 1.756 6.704 25.72 21.49 45.69
Net margin 17.49% 1.67% 6.11% 26.64% 21.37% 37.9%
EPS 2 1.897 0.1396 0.5310 2.041 1.706 3.628
Free Cash Flow 1 87.8 32.98 91.59 23.52 25.86 21.95
FCF margin 64.56% 31.27% 83.48% 24.36% 25.71% 18.21%
FCF Conversion (EBITDA) 213.41% 238.88% 362.69% 69.45% 86.16% 69.38%
FCF Conversion (Net income) 369.19% 1,877.95% 1,366.13% 91.43% 120.34% 48.03%
Dividend per Share - - - - - -
Announcement Date 8/11/18 8/13/19 8/25/20 8/26/21 9/27/22 7/3/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1.95 - 8.13 - - -
Net Cash position 1 - 27.8 - 39.3 15.6 73.6
Leverage (Debt/EBITDA) 0.0473 x - 0.3219 x - - -
Free Cash Flow 1 87.8 33 91.6 23.5 25.9 21.9
ROE (net income / shareholders' equity) 0.63% 0.03% 0.61% 3.69% 3.4% 17.1%
ROA (Net income/ Total Assets) 0.41% 0.05% 0.42% 2.29% 2.09% 4.3%
Assets 1 5,843 3,307 1,589 1,122 1,026 1,062
Book Value Per Share 2 571.0 352.0 26.80 76.20 23.80 17.90
Cash Flow per Share 2 3.960 5.570 1.520 1.860 1.060 3.850
Capex 1 2.6 1.87 0.02 0.05 - 6.55
Capex / Sales 1.91% 1.77% 0.02% 0.05% - 5.43%
Announcement Date 8/11/18 8/13/19 8/25/20 8/26/21 9/27/22 7/3/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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