Financials Metro Performance Glass Limited

Equities

MPG

NZMPGE0001S5

Construction Supplies & Fixtures

End-of-day quote New Zealand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.105 NZD +6.06% Intraday chart for Metro Performance Glass Limited +0.96% -25.53%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 137.2 81.57 32.44 69.52 55.61 31.7
Enterprise Value (EV) 1 231.5 166.1 160.9 179.7 189.4 169.7
P/E ratio 8.43 x 16.3 x -0.42 x 8.14 x -121 x -3.01 x
Yield 10% - - - - -
Capitalization / Revenue 0.51 x 0.3 x 0.13 x 0.3 x 0.24 x 0.12 x
EV / Revenue 0.86 x 0.62 x 0.63 x 0.77 x 0.8 x 0.64 x
EV / EBITDA 5.34 x 4.4 x 4.52 x 7.51 x 13.5 x 8.1 x
EV / FCF 19.7 x 8.32 x 7.05 x 8.43 x 44.5 x -108 x
FCF Yield 5.09% 12% 14.2% 11.9% 2.25% -0.93%
Price to Book 0.86 x 0.52 x 0.42 x 0.83 x 0.65 x 0.42 x
Nbr of stocks (in thousands) 185,378 185,378 185,378 185,378 185,378 185,378
Reference price 2 0.7400 0.4400 0.1750 0.3750 0.3000 0.1710
Announcement Date 5/24/18 5/23/19 6/19/20 5/21/21 6/22/22 6/14/23
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 268.3 267.8 254.9 232.3 236.1 263.5
EBITDA 1 43.32 37.8 35.64 23.94 13.98 20.94
EBIT 1 30.92 25.24 23.16 11.85 3.711 11.07
Operating Margin 11.53% 9.42% 9.09% 5.1% 1.57% 4.2%
Earnings before Tax (EBT) 1 23.33 10.59 -74.96 12.23 -0.416 -10.58
Net income 1 16.28 5.042 -77.86 8.544 -0.459 -10.55
Net margin 6.07% 1.88% -30.55% 3.68% -0.19% -4%
EPS 2 0.0878 0.0270 -0.4200 0.0461 -0.002476 -0.0569
Free Cash Flow 1 11.78 19.96 22.83 21.31 4.253 -1.57
FCF margin 4.39% 7.45% 8.96% 9.18% 1.8% -0.6%
FCF Conversion (EBITDA) 27.18% 52.8% 64.06% 89.03% 30.42% -
FCF Conversion (Net income) 72.34% 395.82% - 249.43% - -
Dividend per Share 2 0.0740 - - - - -
Announcement Date 5/24/18 5/23/19 6/19/20 5/21/21 6/22/22 6/14/23
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 94.3 84.6 129 110 134 138
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.177 x 2.238 x 3.605 x 4.602 x 9.571 x 6.586 x
Free Cash Flow 1 11.8 20 22.8 21.3 4.25 -1.57
ROE (net income / shareholders' equity) 10.3% 3.18% -66.6% 10.7% -0.54% -13.1%
ROA (Net income/ Total Assets) 6.49% 5.35% 5.31% 2.98% 0.91% 2.62%
Assets 1 251 94.23 -1,465 286.4 -50.6 -402.3
Book Value Per Share 2 0.8600 0.8500 0.4100 0.4500 0.4600 0.4100
Cash Flow per Share 2 0 0.0300 0.0800 0.0400 0.0700 0.0400
Capex 1 20 7.09 8.83 5.79 10.4 6.73
Capex / Sales 7.44% 2.65% 3.47% 2.49% 4.41% 2.56%
Announcement Date 5/24/18 5/23/19 6/19/20 5/21/21 6/22/22 6/14/23
1NZD in Million2NZD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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