Financials Jamaica Broilers Group Limited

Equities

JBG

JMP5892N1021

Food Processing

End-of-day quote JAMAICA STOCK EXCHANGE 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
30.11 JMD -4.41% Intraday chart for Jamaica Broilers Group Limited +0.37% -13.23%

Valuation

Fiscal Period: April 2018 2019 2020 2021 2022 2023
Capitalization 1 25,185 34,824 24,447 31,348 29,221 37,054
Enterprise Value (EV) 1 31,312 43,017 36,064 48,605 49,092 67,257
P/E ratio 12.8 x 14.8 x 17.5 x 13.5 x 9.33 x 8.35 x
Yield 1.62% 1.15% 1.55% 1.32% 1.59% 2.11%
Capitalization / Revenue 0.52 x 0.63 x 0.44 x 0.55 x 0.39 x 0.41 x
EV / Revenue 0.65 x 0.78 x 0.65 x 0.85 x 0.65 x 0.74 x
EV / EBITDA 7.43 x 10 x 8.82 x 9.37 x 7.99 x 6.53 x
EV / FCF 22.8 x -40.2 x -14 x -9.46 x -16.1 x -6.84 x
FCF Yield 4.39% -2.48% -7.13% -10.6% -6.21% -14.6%
Price to Book 1.72 x 2.37 x 1.53 x 1.67 x 1.39 x 1.46 x
Nbr of stocks (in thousands) 1,199,276 1,024,246 1,023,745 1,011,216 1,007,965 1,001,467
Reference price 2 21.00 34.00 23.88 31.00 28.99 37.00
Announcement Date 6/29/18 7/2/19 7/13/20 7/9/21 7/6/22 7/5/23
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Aprile 2018 2019 2020 2021 2022 2023
Net sales 1 48,281 55,058 55,748 56,951 75,718 91,365
EBITDA 1 4,213 4,285 4,090 5,187 6,142 10,305
EBIT 1 3,360 3,253 2,848 3,630 4,455 8,705
Operating Margin 6.96% 5.91% 5.11% 6.37% 5.88% 9.53%
Earnings before Tax (EBT) 1 2,667 3,013 1,853 3,205 4,081 6,752
Net income 1 1,961 2,366 1,400 2,335 3,131 4,451
Net margin 4.06% 4.3% 2.51% 4.1% 4.14% 4.87%
EPS 2 1.637 2.302 1.368 2.301 3.108 4.429
Free Cash Flow 1 1,374 -1,069 -2,570 -5,137 -3,049 -9,837
FCF margin 2.85% -1.94% -4.61% -9.02% -4.03% -10.77%
FCF Conversion (EBITDA) 32.62% - - - - -
FCF Conversion (Net income) 70.06% - - - - -
Dividend per Share 2 0.3400 0.3900 0.3700 0.4100 0.4600 0.7800
Announcement Date 6/29/18 7/2/19 7/13/20 7/9/21 7/6/22 7/5/23
1JMD in Million2JMD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2018 2019 2020 2021 2022 2023
Net Debt 1 6,127 8,193 11,617 17,257 19,871 30,202
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.454 x 1.912 x 2.841 x 3.327 x 3.235 x 2.931 x
Free Cash Flow 1 1,374 -1,069 -2,570 -5,137 -3,049 -9,837
ROE (net income / shareholders' equity) 15% 17.3% 8.83% 13.8% 15.4% 23.1%
ROA (Net income/ Total Assets) 7.18% 6.09% 4.45% 4.76% 5.01% 7.92%
Assets 1 27,313 38,871 31,474 49,062 62,503 56,224
Book Value Per Share 2 12.20 14.40 15.60 18.60 20.90 25.30
Cash Flow per Share 2 1.200 1.670 3.760 2.890 3.630 4.510
Capex 1 1,956 1,622 3,091 2,644 2,914 8,346
Capex / Sales 4.05% 2.95% 5.55% 4.64% 3.85% 9.13%
Announcement Date 6/29/18 7/2/19 7/13/20 7/9/21 7/6/22 7/5/23
1JMD in Million2JMD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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