Financials KMD Brands Limited Australian S.E.

Equities

Market Closed - Australian S.E. Other stock markets 02:10:45 2024-04-26 am EDT			5-day change	1st Jan Change
0.485 ^AUD	-2.02%		-4.90%	-31.21%

Mar. 19	New Zealand Shares Rise Tuesday as Services Sector Continues Rebound; Scott Technology's CEO Resigns	MT
Mar. 19	KMD Brands Swings to Loss in Fiscal H1 on Lower Demand	MT

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	481.8	808.3	971.3	772.8	647.3	377.2	-	-
Enterprise Value (EV) ¹	501.1	817.6	1,214	1,097	1,005	728.7	699.2	681.4
P/E ratio	8.42 x	71.3 x	15.6 x	21.8 x	18.6 x	32.1 x	11.8 x	7.34 x
Yield	7.51%	-	3.65%	5.5%	6.59%	1.89%	5.03%	8.47%
Capitalization / Revenue	0.88 x	1.01 x	1.05 x	0.79 x	0.59 x	0.37 x	0.35 x	0.34 x
EV / Revenue	0.92 x	1.02 x	1.32 x	1.12 x	0.91 x	0.72 x	0.65 x	0.61 x
EV / EBITDA	5.09 x	9.8 x	10.7 x	6.1 x	5.02 x	4.34 x	3.51 x	3.04 x
EV / FCF	9.96 x	5.45 x	8.23 x	22.4 x	9.01 x	21.4 x	11.7 x	15.4 x
FCF Yield	10%	18.3%	12.2%	4.46%	11.1%	4.67%	8.52%	6.49%
Price to Book	1.09 x	1.05 x	1.19 x	0.91 x	0.77 x	0.46 x	0.45 x	0.43 x
Nbr of stocks (in thousands)	226,189	709,001	709,001	709,001	711,348	711,667	-	-
Reference price ²	2.130	1.140	1.370	1.090	0.9100	0.5300	0.5300	0.5300
Announcement Date	9/17/19	9/22/20	9/20/21	9/19/22	9/19/23	-	-	-

¹NZD in Million²NZD

Estimates

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	545.6	801.5	922.8	979.8	1,103	1,008	1,073	1,120
EBITDA ¹	98.45	83.4	113.3	179.9	200.1	167.8	199.3	224.2
EBIT ¹	83.18	56.2	83.8	57.1	76.36	42.23	70.91	88.9
Operating Margin	15.24%	7.01%	9.08%	5.83%	6.92%	4.19%	6.61%	7.94%
Earnings before Tax (EBT) ¹	81.38	22.51	75.71	53.62	52.3	14.71	50.96	66.9
Net income ¹	57.63	8.879	63.07	35.95	35.14	8.345	33.99	46.33
Net margin	10.56%	1.11%	6.83%	3.67%	3.19%	0.83%	3.17%	4.14%
EPS ²	0.2530	0.0160	0.0880	0.0500	0.0490	0.0165	0.0450	0.0722
Free Cash Flow ¹	50.33	149.9	147.5	48.98	111.6	34.05	59.55	44.2
FCF margin	9.22%	18.71%	15.99%	5%	10.12%	3.38%	5.55%	3.95%
FCF Conversion (EBITDA)	51.12%	179.78%	130.2%	27.22%	55.78%	20.3%	29.87%	19.72%
FCF Conversion (Net income)	87.33%	1,688.62%	233.91%	136.22%	317.6%	408.02%	175.2%	95.4%
Dividend per Share ²	0.1600	-	0.0500	0.0600	0.0600	0.0100	0.0267	0.0449
Announcement Date	9/17/19	9/22/20	9/20/21	9/19/22	9/19/23	-	-	-

¹NZD in Million²NZD

Estimates

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	19.3	9.39	242	325	358	351	322	304
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.196 x	0.1125 x	2.138 x	1.804 x	1.788 x	2.095 x	1.615 x	1.357 x
Free Cash Flow ¹	50.3	150	148	49	112	34.1	59.6	44.2
ROE (net income / shareholders' equity)	13.4%	5.18%	8.34%	4.35%	5.15%	1.71%	4.4%	5.91%
ROA (Net income/ Total Assets)	9.56%	2.91%	4.34%	2.4%	2.81%	2.33%	4.22%	5.72%
Assets ¹	602.9	305.6	1,452	1,497	1,252	358.9	806.4	810.7
Book Value Per Share ²	1.950	1.090	1.150	1.200	1.180	1.160	1.180	1.220
Cash Flow per Share ²	-	-	-	-	0.2100	-0.1700	-0.1400	-0.1200
Capex ¹	15.7	19.9	35.6	32.8	36	37.7	38.8	42.2
Capex / Sales	2.88%	2.48%	3.86%	3.35%	3.26%	3.74%	3.61%	3.77%
Announcement Date	9/17/19	9/22/20	9/20/21	9/19/22	9/19/23	-	-	-

¹NZD in Million²NZD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.53 NZD

Average target price

0.68 NZD

Spread / Average Target

+28.30%

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