Financials OUE Limited

Equities

LJ3

SG2B80958517

Real Estate Development & Operations

Market Closed - Singapore S.E. 05:04:34 2024-04-26 am EDT 5-day change 1st Jan Change
1.07 SGD 0.00% Intraday chart for OUE Limited +0.94% -10.83%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,289 1,343 1,059 1,186 1,059 1,012
Enterprise Value (EV) 1 4,348 4,822 3,982 3,463 3,689 3,735
P/E ratio 129 x 5.62 x -3.14 x 14.8 x 5.69 x 12.5 x
Yield 1.4% 1.34% 0.83% 1.47% 2% 1.67%
Capitalization / Revenue 2.01 x 1.44 x 2 x 3.94 x 2.16 x 1.62 x
EV / Revenue 6.76 x 5.18 x 7.51 x 11.5 x 7.51 x 5.99 x
EV / EBITDA 28.9 x 26.8 x 22.8 x 27.3 x 16 x 12.5 x
EV / FCF -37.9 x 20.8 x -4.37 x 2.53 x 24.3 x 31.7 x
FCF Yield -2.64% 4.8% -22.9% 39.6% 4.11% 3.15%
Price to Book 0.33 x 0.33 x 0.28 x 0.31 x 0.29 x 0.28 x
Nbr of stocks (in thousands) 901,516 901,516 882,763 872,031 847,257 843,680
Reference price 2 1.430 1.490 1.200 1.360 1.250 1.200
Announcement Date 4/11/19 4/14/20 4/7/21 4/5/22 4/2/23 4/3/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 642.9 930.8 530.5 300.8 491.1 623.1
EBITDA 1 150.2 179.9 174.8 127 231.1 298.7
EBIT 1 143.1 159.9 127.4 81.55 186 246.2
Operating Margin 22.26% 17.18% 24.02% 27.11% 37.87% 39.52%
Earnings before Tax (EBT) 1 103.6 369.7 -445.3 138.2 401.1 152.7
Net income 1 10.02 255.2 -343.4 80.94 192 82.74
Net margin 1.56% 27.42% -64.73% 26.91% 39.08% 13.28%
EPS 2 0.0111 0.2651 -0.3818 0.0921 0.2198 0.0957
Free Cash Flow 1 -114.6 231.7 -910.7 1,371 151.6 117.8
FCF margin -17.83% 24.89% -171.67% 455.63% 30.87% 18.9%
FCF Conversion (EBITDA) - 128.8% - 1,079.33% 65.62% 39.43%
FCF Conversion (Net income) - 90.78% - 1,693.24% 78.99% 142.34%
Dividend per Share 2 0.0200 0.0200 0.0100 0.0200 0.0250 0.0200
Announcement Date 4/11/19 4/14/20 4/7/21 4/5/22 4/2/23 4/3/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,059 3,479 2,923 2,277 2,630 2,723
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 20.36 x 19.34 x 16.73 x 17.93 x 11.38 x 9.117 x
Free Cash Flow 1 -115 232 -911 1,371 152 118
ROE (net income / shareholders' equity) 1.13% 5.72% -6.88% 1.79% 5.94% 2.79%
ROA (Net income/ Total Assets) 0.98% 1% 0.78% 0.55% 1.26% 1.64%
Assets 1 1,025 25,534 -43,894 14,814 15,290 5,041
Book Value Per Share 2 4.370 4.520 4.240 4.410 4.350 4.310
Cash Flow per Share 2 0.4500 0.5300 0.6300 0.5900 0.3900 0.2200
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/11/19 4/14/20 4/7/21 4/5/22 4/2/23 4/3/24
1SGD in Million2SGD
Estimates
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