INGHAMS GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.54 AUD | -2.21% |
|
-0.28% | -10.61% |
| Mar. 07 | Inghams Group To Acquire NZ's Bostock Brothers Organic Chicken Business | MT |
| Feb. 19 | Jarden Research Adjusts Inghams’ Price Target to AU$3.95 From AU$3.90, Keeps at Overweight | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,528 | 1,219 | 1,494 | 973.8 | 985 | 1,316 | - | - |
| Enterprise Value (EV) 1 | 1,791 | 3,006 | 3,167 | 2,645 | 2,616 | 2,944 | 2,879 | 2,871 |
| P/E ratio | 12.4 x | 30.5 x | 18 x | 27.8 x | 16.4 x | 11.7 x | 10.9 x | 9.68 x |
| Yield | 4.74% | 4.27% | 4.1% | 5.92% | 5.47% | 5.91% | 6.25% | 6.82% |
| Capitalization / Revenue | 0.61 x | 0.48 x | 0.56 x | 0.36 x | 0.32 x | 0.41 x | 0.39 x | 0.38 x |
| EV / Revenue | 0.72 x | 1.18 x | 1.19 x | 0.97 x | 0.86 x | 0.91 x | 0.86 x | 0.84 x |
| EV / EBITDA | 8.59 x | 7.34 x | 7.06 x | 6.95 x | 6.03 x | 6.23 x | 6.06 x | 6.17 x |
| EV / FCF | 18.6 x | 11.7 x | 8.48 x | 8.51 x | 9.11 x | 10.2 x | 12.3 x | 12 x |
| FCF Yield | 5.38% | 8.58% | 11.8% | 11.7% | 11% | 9.77% | 8.13% | 8.33% |
| Price to Book | 9.33 x | 9.37 x | 9.13 x | 6.16 x | 4.88 x | 5.7 x | 4.85 x | 4.29 x |
| Nbr of stocks (in thousands) | 371,680 | 371,680 | 371,680 | 371,680 | 371,680 | 371,680 | - | - |
| Reference price 2 | 4.110 | 3.280 | 4.020 | 2.620 | 2.650 | 3.540 | 3.540 | 3.540 |
| Announcement Date | 8/26/19 | 8/20/20 | 8/19/21 | 8/18/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,490 | 2,555 | 2,669 | 2,713 | 3,044 | 3,241 | 3,335 | 3,421 |
| EBITDA 1 | 208.6 | 409.3 | 448.7 | 380.8 | 433.7 | 472.8 | 475.4 | 465.6 |
| EBIT 1 | 161.8 | 124.4 | 178.6 | 110.2 | 165.5 | 236.7 | 252.9 | 251.1 |
| Operating Margin | 6.5% | 4.87% | 6.69% | 4.06% | 5.44% | 7.3% | 7.58% | 7.34% |
| Earnings before Tax (EBT) 1 | 179.1 | 56.1 | 113 | 34.7 | 74.1 | 159.7 | 168.4 | 182 |
| Net income 1 | 126.2 | 40.1 | 83.3 | 35.1 | 60.4 | 113.9 | 121.4 | 132.3 |
| Net margin | 5.07% | 1.57% | 3.12% | 1.29% | 1.98% | 3.51% | 3.64% | 3.87% |
| EPS 2 | 0.3322 | 0.1077 | 0.2235 | 0.0941 | 0.1620 | 0.3019 | 0.3235 | 0.3656 |
| Free Cash Flow 1 | 96.3 | 257.8 | 373.6 | 310.6 | 287.1 | 287.8 | 234.1 | 239 |
| FCF margin | 3.87% | 10.09% | 14% | 11.45% | 9.43% | 8.88% | 7.02% | 6.99% |
| FCF Conversion (EBITDA) | 46.16% | 62.99% | 83.26% | 81.57% | 66.2% | 60.87% | 49.24% | 51.34% |
| FCF Conversion (Net income) | 76.31% | 642.89% | 448.5% | 884.9% | 475.33% | 252.67% | 192.91% | 180.72% |
| Dividend per Share 2 | 0.1950 | 0.1400 | 0.1650 | 0.1550 | 0.1450 | 0.2093 | 0.2214 | 0.2416 |
| Announcement Date | 8/26/19 | 8/20/20 | 8/19/21 | 8/18/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S2 | 2025 S1 | 2025 S2 | 2026 S1 | 2026 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,304 | 1,252 | 1,363 | 1,306 | 1,388 | 1,343 | 1,511 | 1,533 | 1,657 | 1,729 | 1,583 | 1,815 | 1,823 |
| EBITDA | 91.7 | - | - | - | 99.7 | - | 197 | 236.7 | - | - | - | - | - |
| EBIT 1 | - | - | 82.9 | 95.6 | 84.3 | 23.9 | 61.4 | 104.1 | 105.7 | 121.7 | 103.5 | 144.1 | 135.1 |
| Operating Margin | - | - | 6.08% | 7.32% | 6.07% | 1.78% | 4.06% | 6.79% | 6.38% | 7.04% | 6.53% | 7.94% | 7.41% |
| Earnings before Tax (EBT) 1 | - | 19.3 | - | - | - | - | 24 | 50.1 | 70.11 | 90.09 | 80.55 | 100.2 | 91.01 |
| Net income 1 | - | 13.9 | - | - | 38.4 | - | 17.2 | 43.2 | 52.7 | - | - | - | - |
| Net margin | - | 1.11% | - | - | 2.77% | - | 1.14% | 2.82% | 3.18% | - | - | - | - |
| EPS 2 | - | - | - | - | - | - | 0.0461 | - | 0.1330 | 0.1709 | 0.1528 | 0.1901 | 0.1727 |
| Dividend per Share | 0.0730 | - | - | 0.0750 | - | - | 0.0450 | 0.1000 | - | - | - | - | - |
| Announcement Date | 2/20/20 | 8/20/20 | 2/17/22 | 8/19/21 | 2/17/22 | 8/18/22 | 2/16/23 | 8/16/23 | - | - | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 264 | 1,787 | 1,673 | 1,671 | 1,631 | 1,629 | 1,564 | 1,555 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.265 x | 4.366 x | 3.727 x | 4.388 x | 3.761 x | 3.445 x | 3.289 x | 3.34 x |
| Free Cash Flow 1 | 96.3 | 258 | 374 | 311 | 287 | 288 | 234 | 239 |
| ROE (net income / shareholders' equity) | 59.3% | 53.7% | 56.9% | 21.8% | 33.6% | 51.5% | 48% | 44.8% |
| ROA (Net income/ Total Assets) | 11.4% | 4.31% | 3.26% | 1.38% | 2.36% | 6.45% | 6.55% | 6.68% |
| Assets 1 | 1,111 | 930.4 | 2,559 | 2,544 | 2,559 | 1,767 | 1,854 | 1,980 |
| Book Value Per Share 2 | 0.4400 | 0.3500 | 0.4400 | 0.4300 | 0.5400 | 0.6200 | 0.7300 | 0.8300 |
| Cash Flow per Share 2 | 0.4500 | 0.9300 | 1.180 | 1.000 | 0.9600 | 0.8100 | 0.8700 | 0.7400 |
| Capex 1 | 74.1 | 86.7 | 66.3 | 61.9 | 71.9 | 93.3 | 94.8 | 87.5 |
| Capex / Sales | 2.98% | 3.39% | 2.48% | 2.28% | 2.36% | 2.88% | 2.84% | 2.56% |
| Announcement Date | 8/26/19 | 8/20/20 | 8/19/21 | 8/18/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
3.54
AUD
Average target price
4.246
AUD
Spread / Average Target
+19.95%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.61% | 858M | |
| -0.91% | 2.79B | |
| -13.27% | 2.56B | |
| -1.85% | 2.51B | |
| +2.77% | 2.46B | |
| -9.67% | 1.48B | |
| -37.50% | 880M | |
| -28.99% | 497M | |
| -20.41% | 464M | |
| +7.49% | 353M |
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- Financials Inghams Group Limited
