Financials Javedan Corporation Limited

Equities

JVDC

PK0006101015

Real Estate Development & Operations

End-of-day quote Pakistan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
33.46 PKR -4.92% Intraday chart for Javedan Corporation Limited +1.39% -10.44%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 9,576 9,236 7,141 13,394 15,996 14,568
Enterprise Value (EV) 1 13,084 14,573 12,009 19,421 26,038 25,591
P/E ratio 11.7 x 15.9 x 34.1 x 51.1 x 41.2 x 1.82 x
Yield 1.95% - - - 9.52% 15.7%
Capitalization / Revenue 3.86 x 4.86 x 4.26 x 12 x 4.21 x 1.3 x
EV / Revenue 5.28 x 7.67 x 7.16 x 17.4 x 6.85 x 2.29 x
EV / EBITDA 12.3 x 20.3 x 25.1 x 75.5 x 60.2 x 8.78 x
EV / FCF -2.59 x -8.32 x 13.4 x -16 x -6.28 x -4.54 x
FCF Yield -38.6% -12% 7.48% -6.26% -15.9% -22%
Price to Book 0.69 x 0.53 x 0.41 x 0.75 x 0.88 x 0.56 x
Nbr of stocks (in thousands) 380,814 380,860 380,860 380,860 380,860 380,860
Reference price 2 25.15 24.25 18.75 35.17 42.00 38.25
Announcement Date 10/8/18 10/7/19 10/7/20 10/5/21 10/6/22 10/29/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 2,479 1,899 1,678 1,118 3,802 11,187
EBITDA 1 1,063 719.5 478.3 257.3 432.5 2,915
EBIT 1 1,050 706 456.8 235 403.6 2,877
Operating Margin 42.37% 37.18% 27.23% 21.03% 10.62% 25.72%
Earnings before Tax (EBT) 1 1,101 696.5 370.5 279.4 688 2,961
Net income 1 703.7 579.9 209.2 262.2 388.3 8,008
Net margin 28.39% 30.54% 12.47% 23.46% 10.21% 71.58%
EPS 2 2.150 1.522 0.5492 0.6884 1.019 21.02
Free Cash Flow 1 -5,048 -1,751 897.8 -1,215 -4,147 -5,633
FCF margin -203.61% -92.2% 53.51% -108.71% -109.07% -50.36%
FCF Conversion (EBITDA) - - 187.69% - - -
FCF Conversion (Net income) - - 429.25% - - -
Dividend per Share 2 0.4910 - - - 4.000 6.000
Announcement Date 10/8/18 10/7/19 10/7/20 10/5/21 10/6/22 10/29/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 3,508 5,337 4,868 6,028 10,042 11,023
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.3 x 7.418 x 10.18 x 23.42 x 23.22 x 3.782 x
Free Cash Flow 1 -5,048 -1,751 898 -1,215 -4,147 -5,633
ROE (net income / shareholders' equity) 5.85% 3.73% 1.2% 1.49% 2.16% 12.5%
ROA (Net income/ Total Assets) 3.72% 1.91% 1.11% 0.54% 0.81% 4.6%
Assets 1 18,911 30,308 18,833 48,254 47,980 173,963
Book Value Per Share 2 36.30 45.40 45.90 46.60 47.60 68.20
Cash Flow per Share 2 0.2800 0.1500 0.1600 0.4000 7.270 0.3300
Capex 1 203 397 496 309 711 4,364
Capex / Sales 8.18% 20.91% 29.59% 27.68% 18.71% 39.01%
Announcement Date 10/8/18 10/7/19 10/7/20 10/5/21 10/6/22 10/29/23
1PKR in Million2PKR
Estimates
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