Financials Lasco Financial Services Limited

Equities

LASF

JMP620981010

Business Support Services

End-of-day quote JAMAICA STOCK EXCHANGE 06:00:00 2024-06-12 pm EDT 5-day change 1st Jan Change
1.55 JMD -3.13% Intraday chart for Lasco Financial Services Limited +1.97% -20.10%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 5,691 3,315 5,038 4,494 3,175 2,445
Enterprise Value (EV) 1 7,119 4,583 5,325 4,588 3,247 2,350
P/E ratio 20.2 x -58.1 x 23.7 x 14.7 x 14.8 x 15.1 x
Yield - - - - 2.02% -
Capitalization / Revenue 2.58 x 1.32 x 2.22 x 1.81 x 1.41 x 1.12 x
EV / Revenue 3.23 x 1.83 x 2.35 x 1.84 x 1.45 x 1.08 x
EV / EBITDA 12.1 x 17.7 x 11.3 x 6.7 x 6.93 x 8.64 x
EV / FCF -17.9 x 11.4 x 10.9 x 14.8 x 9.15 x 13.3 x
FCF Yield -5.58% 8.74% 9.16% 6.77% 10.9% 7.51%
Price to Book 3.58 x 2.15 x 2.17 x 2.29 x 1.5 x 1.08 x
Nbr of stocks (in thousands) 1,264,694 1,270,094 1,737,094 1,280,228 1,280,228 1,280,228
Reference price 2 4.500 2.610 2.900 3.510 2.480 1.910
Announcement Date 5/31/19 7/15/20 6/16/21 5/31/22 5/30/23 5/29/24
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 2,205 2,504 2,265 2,487 2,246 2,185
EBITDA 1 588.2 258.5 472.6 684.9 468.8 272
EBIT 1 565.4 230.3 447.4 660 445.6 252.9
Operating Margin 25.64% 9.2% 19.76% 26.53% 19.84% 11.58%
Earnings before Tax (EBT) 1 396.6 21.97 260.4 493.1 329 166.7
Net income 1 281.8 -56.92 156.8 306.4 214 162
Net margin 12.78% -2.27% 6.92% 12.32% 9.53% 7.41%
EPS 2 0.2228 -0.0449 0.1225 0.2393 0.1671 0.1265
Free Cash Flow 1 -397.5 400.3 487.7 310.7 355 176.6
FCF margin -18.03% 15.99% 21.53% 12.49% 15.8% 8.08%
FCF Conversion (EBITDA) - 154.87% 103.2% 45.37% 75.71% 64.91%
FCF Conversion (Net income) - - 311.11% 101.4% 165.9% 109.02%
Dividend per Share - - - - 0.0500 -
Announcement Date 5/31/19 7/15/20 6/16/21 5/31/22 5/30/23 5/29/24
1JMD in Million2JMD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 1,428 1,268 287 94.5 72.3 -
Net Cash position 1 - - - - - 95.4
Leverage (Debt/EBITDA) 2.428 x 4.905 x 0.608 x 0.138 x 0.1543 x -
Free Cash Flow 1 -397 400 488 311 355 177
ROE (net income / shareholders' equity) 19% -3.64% 9.68% 16.7% 10.5% 7.39%
ROA (Net income/ Total Assets) 9.71% 3.66% 6.77% 9.2% 6.04% 3.51%
Assets 1 2,902 -1,553 2,316 3,330 3,543 4,612
Book Value Per Share 2 1.260 1.210 1.340 1.530 1.650 1.770
Cash Flow per Share 2 0.2200 0.3800 0.8300 0.7500 0.7500 0.8400
Capex 1 45 16.6 5.51 11.1 19.1 22.4
Capex / Sales 2.04% 0.66% 0.24% 0.45% 0.85% 1.03%
Announcement Date 5/31/19 7/15/20 6/16/21 5/31/22 5/30/23 5/29/24
1JMD in Million2JMD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. LASF Stock
  4. Financials Lasco Financial Services Limited