Financials METO BANK London S.E.

Equities

MTRO

GB00BZ6STL67

Banks

Market Closed - London S.E. Other stock markets 11:35:25 2024-04-26 am EDT			5-day change	1st Jan Change
34.15 ^GBX	+3.64%		+6.89%	-67.16%

Apr. 17	Severfield plots GBP10 million buyback	AN
Apr. 17	BofA cuts Ashmore; JPMorgan lifts Fresnillo	AN

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	355.5	241.4	165.7	208.8	248.9	229.7	-	-
Enterprise Value (EV) ¹	355.5	241.4	165.7	208.8	248.9	229.7	229.7	229.7
P/E ratio	-1.67 x	-0.8 x	-0.67 x	-2.87 x	2.76 x	-9.49 x	6.15 x	3.5 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	0.89 x	0.71 x	0.42 x	0.4 x	0.46 x	0.42 x	0.36 x	0.33 x
EV / Revenue	0.89 x	0.71 x	0.42 x	0.4 x	0.46 x	0.42 x	0.36 x	0.33 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.22 x	0.19 x	0.16 x	0.22 x	0.22 x	0.21 x	0.2 x	0.19 x
Nbr of stocks (in thousands)	172,420	172,420	172,421	172,538	672,677	672,677	-	-
Reference price ²	2.062	1.400	0.9610	1.210	0.3700	0.3415	0.3415	0.3415
Announcement Date	2/26/20	2/24/21	2/23/22	3/2/23	3/13/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	400.1	340.9	397.9	522.1	546.5	546.4	630.9	697.3
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	-1.6	-149.4	-149	-10.7	16.3	21.07	109.1	160
Operating Margin	-0.4%	-43.83%	-37.45%	-2.05%	2.98%	3.86%	17.3%	22.94%
Earnings before Tax (EBT) ¹	-130.8	-311.4	-245.1	-70.7	30.5	-24.87	55.7	102.7
Net income ¹	-182.6	-301.7	-248.2	-72.7	29.5	-27.07	42.2	78.57
Net margin	-45.64%	-88.5%	-62.38%	-13.92%	5.4%	-4.95%	6.69%	11.27%
EPS ²	-1.233	-1.750	-1.440	-0.4220	0.1340	-0.0360	0.0555	0.0975
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	2/26/20	2/24/21	2/23/22	3/2/23	3/13/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2020 S2	2021 S1	2021 S2	2023 S1
Net sales ¹	243.7	-	218.1	285.6
EBITDA	-	-	-	-
EBIT	-	-	-54	-
Operating Margin	-	-	-24.76%	-
Earnings before Tax (EBT) ¹	-70.8	-	-106.2	15.4
Net income ¹	-62.2	-141.1	-107.1	12.7
Net margin	-25.52%	-	-49.11%	4.45%
EPS ²	-0.3610	-	-0.6212	0.0710
Dividend per Share	-	-	-	-
Announcement Date	2/24/21	7/28/21	2/23/22	8/1/23

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-1.07%	-22.9%	-21.4%	-7.3%	-1.71%	-2.27%	4.03%	6.9%
ROA (Net income/ Total Assets)	-0.07%	-1.35%	-1.1%	-0.24%	-0.08%	-0.13%	0.15%	0.21%
Assets ¹	245,760	22,356	22,584	30,897	-36,555	20,821	28,133	37,413
Book Value Per Share ²	9.180	7.480	6.000	5.540	1.690	1.650	1.710	1.810
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	2/26/20	2/24/21	2/23/22	3/2/23	3/13/24	-	-	-

¹GBP in Million²GBP

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for METO BANK

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

0.3415 GBP

Average target price

0.3375 GBP

Spread / Average Target

-1.17%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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