ILLOVO SUGAR (MALAWI) PLC |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,355 MWK | -.--% |
|
+0.37% | +7.55% |
| 2023 | Illovo Sugar plc Reports Earnings Results for the Full Year Ended August 31, 2023 | CI |
| 2022 | Illovo Sugar plc Reports Earnings Results for the Full Year Ended August 31, 2022 | CI |
Valuation
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 171,227 | 149,823 | 57,432 | 125,060 | 356,722 | 800,071 |
| Enterprise Value (EV) 1 | 193,172 | 179,490 | 77,427 | 135,028 | 351,411 | 731,005 |
| P/E ratio | 10.4 x | 14.9 x | 21 x | 6.11 x | 13.4 x | 14.1 x |
| Yield | - | 0.24% | 2.48% | 10.3% | 4.2% | 2.6% |
| Capitalization / Revenue | 1.21 x | 1.16 x | 0.39 x | 0.77 x | 1.91 x | 2.94 x |
| EV / Revenue | 1.36 x | 1.38 x | 0.53 x | 0.83 x | 1.88 x | 2.68 x |
| EV / EBITDA | 5.64 x | 7.08 x | 5.17 x | 3.54 x | 7.59 x | 8.26 x |
| EV / FCF | -40 x | -17 x | 4.21 x | 7.01 x | 15.2 x | 10.3 x |
| FCF Yield | -2.5% | -5.9% | 23.7% | 14.3% | 6.56% | 9.75% |
| Price to Book | 2.81 x | 2.1 x | 0.8 x | 1.42 x | 3.53 x | 5.75 x |
| Nbr of stocks (in thousands) | 713,444 | 713,444 | 713,444 | 713,444 | 713,444 | 713,444 |
| Reference price 2 | 240.0 | 210.0 | 80.50 | 175.3 | 500.0 | 1,121 |
| Announcement Date | 11/21/18 | 2/11/20 | 6/8/21 | 12/9/22 | 12/9/22 | 11/29/23 |
1MWK in Million2MWK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 141,760 | 129,676 | 146,953 | 163,259 | 186,642 | 272,457 |
| EBITDA 1 | 34,254 | 25,339 | 14,973 | 38,122 | 46,324 | 88,511 |
| EBIT 1 | 30,197 | 20,047 | 8,137 | 31,941 | 39,505 | 81,923 |
| Operating Margin | 21.3% | 15.46% | 5.54% | 19.56% | 21.17% | 30.07% |
| Earnings before Tax (EBT) 1 | 24,327 | 14,682 | 4,285 | 29,338 | 38,478 | 81,777 |
| Net income 1 | 16,449 | 10,083 | 2,739 | 20,469 | 26,630 | 56,758 |
| Net margin | 11.6% | 7.78% | 1.86% | 12.54% | 14.27% | 20.83% |
| EPS 2 | 23.06 | 14.13 | 3.839 | 28.69 | 37.33 | 79.55 |
| Free Cash Flow 1 | -4,832 | -10,585 | 18,374 | 19,250 | 23,063 | 71,279 |
| FCF margin | -3.41% | -8.16% | 12.5% | 11.79% | 12.36% | 26.16% |
| FCF Conversion (EBITDA) | - | - | 122.72% | 50.5% | 49.79% | 80.53% |
| FCF Conversion (Net income) | - | - | 670.84% | 94.05% | 86.6% | 125.58% |
| Dividend per Share | - | 0.5000 | 2.000 | 18.00 | 21.00 | 29.20 |
| Announcement Date | 11/21/18 | 2/11/20 | 6/8/21 | 12/9/22 | 12/9/22 | 11/29/23 |
1MWK in Million2MWK
Estimates
Balance Sheet Analysis
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 21,945 | 29,667 | 19,995 | 9,968 | - | - |
| Net Cash position 1 | - | - | - | - | 5,311 | 69,066 |
| Leverage (Debt/EBITDA) | 0.6407 x | 1.171 x | 1.335 x | 0.2615 x | - | - |
| Free Cash Flow 1 | -4,832 | -10,585 | 18,374 | 19,250 | 23,063 | 71,279 |
| ROE (net income / shareholders' equity) | 31.4% | 15.2% | 3.83% | 25.6% | 28.2% | 47.3% |
| ROA (Net income/ Total Assets) | 14.4% | 8.37% | 3.31% | 12.8% | 13.6% | 20.7% |
| Assets 1 | 113,872 | 120,524 | 82,684 | 159,389 | 195,172 | 274,388 |
| Book Value Per Share 2 | 85.40 | 99.90 | 101.0 | 124.0 | 141.0 | 195.0 |
| Cash Flow per Share 2 | 0.3500 | 1.010 | 0.4500 | 5.500 | 21.20 | 108.0 |
| Capex 1 | 14,413 | 10,989 | 6,190 | 8,873 | 16,618 | 25,735 |
| Capex / Sales | 10.17% | 8.47% | 4.21% | 5.43% | 8.9% | 9.45% |
| Announcement Date | 11/21/18 | 2/11/20 | 6/8/21 | 12/9/22 | 12/9/22 | 11/29/23 |
1MWK in Million2MWK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +7.55% | 558M | |
| -5.57% | 2.92B | |
| -2.46% | 1.91B | |
| -2.25% | 1.15B | |
| -5.09% | 1.14B | |
| +5.12% | 950M | |
| -3.63% | 956M | |
| -1.62% | 959M | |
| +1.27% | 806M | |
| -1.94% | 792M |
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- ILLOVO Stock
- Financials Illovo Sugar (Malawi) plc
