Financials Jumbo Group Limited

Equities

Market Closed - Singapore S.E. Other stock markets 03:14:09 2024-04-29 am EDT			5-day change	1st Jan Change
0.255 ^SGD	0.00%		+4.08%	-8.93%

Mar. 05	Jumbo Group to Buy Back 37.5 Million Shares in Equal-Access Repurchase Offer	MT
Feb. 28	Jumbo Group Limited Announces Changes to its Board	CI

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	240.3	188.9	192.7	160.5	179.5	153.9	-	-
Enterprise Value (EV) ¹	193.3	163	203.7	160.5	179.5	153.9	153.9	153.9
P/E ratio	20.8 x	-22.7 x	-16.7 x	-1,786 x	12.2 x	10.6 x	10.2 x	9.81 x
Yield	3.2%	-	-	-	3.57%	4.71%	4.71%	4.71%
Capitalization / Revenue	1.56 x	1.94 x	2.36 x	1.39 x	1 x	0.81 x	0.79 x	0.77 x
EV / Revenue	1.56 x	1.94 x	2.36 x	1.39 x	1 x	0.81 x	0.79 x	0.77 x
EV / EBITDA	12.9 x	102 x	30.9 x	8.3 x	3.48 x	5.74 x	5.46 x	5.27 x
EV / FCF	28.4 x	-83.8 x	-21.9 x	25.1 x	6.16 x	10.6 x	9.4 x	9.09 x
FCF Yield	3.52%	-1.19%	-4.57%	3.98%	16.2%	9.41%	10.6%	11%
Price to Book	3.5 x	3.43 x	4.35 x	3.61 x	3.09 x	2.55 x	2.32 x	1.96 x
Nbr of stocks (in thousands)	640,688	640,386	642,320	642,194	641,205	603,683	-	-
Reference price ²	0.3750	0.2950	0.3000	0.2500	0.2800	0.2550	0.2550	0.2550
Announcement Date	11/26/19	11/26/20	11/24/21	11/29/22	11/28/23	-	-	-

¹SGD in Million²SGD

Estimates

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	153.6	97.57	81.79	115.6	178.8	189.3	195.6	198.9
EBITDA ¹	18.66	1.86	6.235	19.35	51.6	26.8	28.2	29.2
EBIT ¹	12.4	-5.171	-13.22	1.678	33.87	21.1	22.4	23.3
Operating Margin	8.07%	-5.3%	-16.16%	1.45%	18.95%	11.15%	11.45%	11.71%
Earnings before Tax (EBT) ¹	13.95	-9.974	-14.88	0.363	18.42	19.7	21	21.9
Net income ¹	11.67	-8.169	-11.76	-0.091	14.6	15.4	16.3	16.87
Net margin	7.59%	-8.37%	-14.38%	-0.08%	8.17%	8.14%	8.33%	8.48%
EPS ²	0.0180	-0.0130	-0.0180	-0.000140	0.0230	0.0240	0.0250	0.0260
Free Cash Flow ¹	8.466	-2.254	-8.814	6.391	29.13	14.48	16.38	16.94
FCF margin	5.51%	-2.31%	-10.78%	5.53%	16.29%	7.65%	8.37%	8.52%
FCF Conversion (EBITDA)	45.38%	-	-	33.03%	56.44%	54.03%	58.09%	58.01%
FCF Conversion (Net income)	72.56%	-	-	-	199.45%	94.03%	100.49%	100.41%
Dividend per Share ²	0.0120	-	-	-	0.0100	0.0120	0.0120	0.0120
Announcement Date	11/26/19	11/26/20	11/24/21	11/29/22	11/28/23	-	-	-

¹SGD in Million²SGD

Estimates

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	11	-	-	-	-	-
Net Cash position	47	26	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	1.769 x	-	-	-	-	-
Free Cash Flow ¹	8.47	-2.25	-8.81	6.39	29.1	14.5	16.4	16.9
ROE (net income / shareholders' equity)	17.4%	-13.2%	-23.5%	-0.2%	28.5%	25.3%	23.9%	21.9%
ROA (Net income/ Total Assets)	13.1%	-8.77%	-11.9%	-0.09%	12.2%	12.3%	12.3%	12%
Assets ¹	89.15	93.17	98.98	104.5	119.4	125.2	132.5	140.6
Book Value Per Share ²	0.1100	0.0900	0.0700	0.0700	0.0900	0.1000	0.1100	0.1300
Cash Flow per Share	0.0200	0.0100	0.0100	-	-	-	-	-
Capex ¹	6.13	7.5	4.93	5.55	9.97	6	6	6
Capex / Sales	3.99%	7.69%	6.02%	4.8%	5.58%	3.17%	3.07%	3.02%
Announcement Date	11/26/19	11/26/20	11/24/21	11/29/22	11/28/23	-	-	-

¹SGD in Million²SGD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.255 SGD

Average target price

0.36 SGD

Spread / Average Target

+41.18%

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