Financials James Halstead plc

Equities

JHD

GB00B0LS8535

Construction Supplies & Fixtures

Market Closed - London S.E. Other stock markets 11:35:10 2024-04-26 am EDT			5-day change	1st Jan Change
200 ^GBX	+0.50%		+1.52%	-1.96%

Mar. 27	James Halstead sales drop on lower consumer confidence; profit jumps	AN
Mar. 27	James Halstead Posts Higher Fiscal H1 Profit; Revenue Falls	MT

Valuation

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,070	1,078	1,082	846	879.4	833.6	-	-
Enterprise Value (EV) ¹	1,001	1,014	999.4	794	816.1	766.2	763.1	757.6
P/E ratio	-	-	-	-	-	-	-	-
Yield	2.72%	2.75%	2.93%	3.82%	3.79%	4.25%	4.37%	4.42%
Capitalization / Revenue	4.23 x	4.52 x	4.06 x	2.9 x	2.9 x	2.78 x	2.58 x	2.6 x
EV / Revenue	3.96 x	4.25 x	3.75 x	2.72 x	2.69 x	2.56 x	2.36 x	2.36 x
EV / EBITDA	19.5 x	21.4 x	18.1 x	14.2 x	14.8 x	12.8 x	12.5 x	12 x
EV / FCF	21.8 x	38.1 x	18.8 x	242 x	17.6 x	18.5 x	18.3 x	17.5 x
FCF Yield	4.59%	2.62%	5.31%	0.41%	5.69%	5.42%	5.46%	5.7%
Price to Book	8.04 x	7.84 x	-	-	-	-	-	-
Nbr of stocks (in thousands)	416,262	416,282	416,320	416,744	416,754	416,786	-	-
Reference price ²	2.570	2.590	2.600	2.030	2.110	2.000	2.000	2.000
Announcement Date	10/1/19	10/1/20	10/4/21	10/3/22	10/2/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	253	238.6	266.4	291.9	303.6	299.9	323.7	320.8
EBITDA ¹	51.48	47.32	55.31	56.05	55.07	59.8	61.04	62.98
EBIT ¹	48.37	44.14	51.77	52.26	51.61	52.87	53.62	55.02
Operating Margin	19.12%	18.5%	19.44%	17.91%	17%	17.63%	16.57%	17.15%
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-
EPS	-	-	-	-	-	-	-	-
Free Cash Flow ¹	46.01	26.59	53.07	3.287	46.41	41.5	41.7	43.2
FCF margin	18.18%	11.14%	19.93%	1.13%	15.29%	13.84%	12.88%	13.47%
FCF Conversion (EBITDA)	89.37%	56.19%	95.95%	5.86%	84.28%	69.4%	68.32%	68.59%
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0700	0.0712	0.0762	0.0775	0.0800	0.0850	0.0874	0.0884
Announcement Date	10/1/19	10/1/20	10/4/21	10/3/22	10/2/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2022 S1	2022 S2
Net sales	-	-
EBITDA	-	-
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income	-	-
Net margin	-	-
EPS	-	-
Dividend per Share ¹	0.0225	0.0550
Announcement Date	-	10/3/22

¹GBP

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	68.5	64.1	83.1	51.9	63.2	67.3	70.4	75.9
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	46	26.6	53.1	3.29	46.4	41.5	41.7	43.2
ROE (net income / shareholders' equity)	28.9%	25.4%	27.1%	24.5%	24.4%	22.3%	22%	21.8%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets	-	-	-	-	-	-	-	-
Book Value Per Share	0.3200	0.3300	-	-	-	-	-	-
Cash Flow per Share ²	0.1200	0.0700	0.1300	0.0200	0.1200	0.1000	0.1000	0.1000
Capex ¹	4.26	4.22	2.81	3.25	2.85	7.5	8	8
Capex / Sales	1.68%	1.77%	1.06%	1.11%	0.94%	2.5%	2.47%	2.49%
Announcement Date	10/1/19	10/1/20	10/4/21	10/3/22	10/2/23	-	-	-

¹GBP in Million²GBP

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for James Halstead plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2 GBP

Average target price

3 GBP

Spread / Average Target

+50.00%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

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Other Construction Supplies & Fixtures