Financials ISA Holdings Limited

Equities

ISA

ZAE000067344

IT Services & Consulting

End-of-day quote Johannesburg S.E. 06:00:00 2024-05-15 pm EDT 5-day change 1st Jan Change
1.64 ZAR 0.00% Intraday chart for ISA Holdings Limited +1.86% +31.20%

Valuation

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Capitalization 1 152.9 210.6 87.36 103 162.2 177.8
Enterprise Value (EV) 1 111.2 147.5 41.43 53.7 114.9 145.9
P/E ratio 7.21 x 7.03 x 3.73 x 7.95 x 9.92 x 8.13 x
Yield 13.9% 14.2% - 12.6% 10.1% 12.3%
Capitalization / Revenue 1.41 x 1.75 x 0.86 x 1.53 x 2.17 x 2.35 x
EV / Revenue 1.03 x 1.23 x 0.41 x 0.8 x 1.54 x 1.93 x
EV / EBITDA 4.51 x 5.13 x 1.66 x 3.72 x 6.05 x 10.1 x
EV / FCF 7.35 x 5.07 x 2.64 x 7.56 x 24.3 x 13.8 x
FCF Yield 13.6% 19.7% 37.9% 13.2% 4.12% 7.24%
Price to Book 1.77 x 2.21 x 1.52 x 1.64 x 2.31 x 3.08 x
Nbr of stocks (in thousands) 155,997 155,996 155,996 155,996 155,996 155,996
Reference price 2 0.9800 1.350 0.5600 0.6600 1.040 1.140
Announcement Date 6/25/18 5/27/19 5/29/20 5/31/21 5/27/22 5/26/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net sales 1 108.3 120.1 101.2 67.32 74.74 75.58
EBITDA 1 24.65 28.75 24.96 14.43 18.98 14.42
EBIT 1 23.4 28.21 24.71 14.1 18.75 13.93
Operating Margin 21.6% 23.49% 24.41% 20.94% 25.08% 18.43%
Earnings before Tax (EBT) 1 28.27 41.5 32.19 17.44 22.82 26.41
Net income 1 21.22 29.96 23.42 12.95 16.35 21.87
Net margin 19.59% 24.95% 23.14% 19.23% 21.88% 28.94%
EPS 2 0.1360 0.1920 0.1500 0.0830 0.1048 0.1402
Free Cash Flow 1 15.12 29.1 15.7 7.107 4.737 10.55
FCF margin 13.97% 24.23% 15.51% 10.56% 6.34% 13.96%
FCF Conversion (EBITDA) 61.36% 101.2% 62.89% 49.25% 24.95% 73.2%
FCF Conversion (Net income) 71.27% 97.13% 67.01% 54.9% 28.97% 48.26%
Dividend per Share 2 0.1360 0.1920 - 0.0830 0.1050 0.1400
Announcement Date 6/25/18 5/27/19 5/29/20 5/31/21 5/27/22 5/26/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 41.7 63 45.9 49.3 47.3 32
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 15.1 29.1 15.7 7.11 4.74 10.6
ROE (net income / shareholders' equity) 25.3% 32.9% 30.6% 21.5% 24.6% 34.1%
ROA (Net income/ Total Assets) 12.9% 15% 15.3% 11.4% 14.8% 10.8%
Assets 1 164.3 199.6 153.4 113.9 110.8 201.6
Book Value Per Share 2 0.5600 0.6100 0.3700 0.4000 0.4500 0.3700
Cash Flow per Share 2 0.2700 0.4000 0.2900 0.3200 0.3000 0.2000
Capex 1 0.28 0.15 0.14 0.11 0.11 1.51
Capex / Sales 0.26% 0.12% 0.14% 0.17% 0.14% 2%
Announcement Date 6/25/18 5/27/19 5/29/20 5/31/21 5/27/22 5/26/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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