Financials Marlowe plc

Equities

Market Closed - London S.E. Other stock markets 11:35:09 2024-04-26 am EDT			5-day change	1st Jan Change
490 ^GBX	-2.97%		-3.16%	+13.95%

Mar. 18	Chariot mulls future of Transitional Power business	AN
Mar. 18	Marlowe Continues Review of Capital Return to Shareholders	MT

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	148.1	162	554.2	861.5	556.1	474.4	-	-
Enterprise Value (EV) ¹	168.2	194.3	510.9	972.2	716.9	669.7	647.5	619.8
P/E ratio	101 x	-441 x	-232 x	1,124 x	-149 x	-90.7 x	36.8 x	25.9 x
Yield	-	-	-	-	-	-	15.8%	-
Capitalization / Revenue	1.15 x	0.87 x	2.89 x	2.73 x	1.19 x	0.94 x	0.88 x	0.84 x
EV / Revenue	1.31 x	1.05 x	2.66 x	3.08 x	1.54 x	1.33 x	1.2 x	1.1 x
EV / EBITDA	15.3 x	8.79 x	17.8 x	17.9 x	8.67 x	7.38 x	6.73 x	6.13 x
EV / FCF	98.9 x	17.2 x	32.1 x	39 x	12.4 x	46.1 x	22.6 x	17.6 x
FCF Yield	1.01%	5.82%	3.11%	2.56%	8.08%	2.17%	4.42%	5.7%
Price to Book	1.78 x	1.64 x	1.52 x	1.68 x	1.25 x	1.13 x	1.03 x	1 x
Nbr of stocks (in thousands)	40,787	45,884	76,970	95,834	95,882	96,812	-	-
Reference price ²	3.630	3.530	7.200	8.990	5.800	4.900	4.900	4.900
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	128.5	185.4	192	315.9	465.7	505.4	539	562.9
EBITDA ¹	11	22.1	28.7	54.4	82.7	90.8	96.15	101.1
EBIT ¹	9.5	14.8	19.7	42	64.3	72	75.75	79.25
Operating Margin	7.39%	7.98%	10.26%	13.3%	13.81%	14.25%	14.05%	14.08%
Earnings before Tax (EBT) ¹	2	0.5	-1.6	5.9	-6.9	-0.6667	25.9	36.9
Net income ¹	1.5	-0.4	-1.7	0.7	-3.8	-0.3	19.4	27.7
Net margin	1.17%	-0.22%	-0.89%	0.22%	-0.82%	-0.06%	3.6%	4.92%
EPS ²	0.0360	-0.008000	-0.0310	0.008000	-0.0390	-0.0540	0.1330	0.1890
Free Cash Flow ¹	1.7	11.3	15.9	24.9	57.9	14.53	28.6	35.3
FCF margin	1.32%	6.09%	8.28%	7.88%	12.43%	2.88%	5.31%	6.27%
FCF Conversion (EBITDA)	15.45%	51.13%	55.4%	45.77%	70.01%	16.01%	29.75%	34.92%
FCF Conversion (Net income)	113.33%	-	-	3,557.14%	-	-	147.42%	127.44%
Dividend per Share ²	-	-	-	-	-	-	0.7756	-
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	20.1	32.3	-	111	161	195	173	145
Net Cash position ¹	-	-	43.3	-	-	-	-	-
Leverage (Debt/EBITDA)	1.827 x	1.462 x	-	2.035 x	1.944 x	2.151 x	1.8 x	1.439 x
Free Cash Flow ¹	1.7	11.3	15.9	24.9	57.9	14.5	28.6	35.3
ROE (net income / shareholders' equity)	-	-	-	-	9.76%	9.9%	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	2.040	2.150	4.740	5.350	4.620	4.350	4.760	4.920
Cash Flow per Share ²	-0.0800	0.0700	0.3700	0.1000	0.7800	0.3500	0.5100	0.5800
Capex ¹	1.8	2.9	4.5	9.1	16.4	15.6	15.7	16.3
Capex / Sales	1.4%	1.56%	2.34%	2.88%	3.52%	3.09%	2.9%	2.89%
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.9 GBP

Average target price

6.967 GBP

Spread / Average Target

+42.19%