Financials Petershill Partners PLC Börse Stuttgart

Equities

9X7

GB00BL9ZF303

Investment Management & Fund Operators

Market Closed - Börse Stuttgart Other stock markets 09:41:45 2024-05-31 am EDT			5-day change	1st Jan Change
2.38 ^EUR	-1.65%		+2.59%	+27.96%

May. 24	Berenberg Lifts Petershill Partners PT, Keeps Buy Recommendation	MT
May. 24	HSBC cuts Aviva; Deutsche Bank cuts Ryanair	AN

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,175	1,919	1,903	2,329	-	-
Enterprise Value (EV) ¹	3,798	2,239	2,102	2,607	2,683	2,683
P/E ratio	5.59 x	-5.3 x	7.56 x	3.85 x	3.64 x	3.31 x
Yield	0.76%	6.95%	7%	6.01%	6.39%	6.81%
Capitalization / Revenue	11.2 x	6.4 x	8.24 x	8.54 x	7.02 x	6.23 x
EV / Revenue	13.3 x	7.47 x	9.1 x	9.56 x	8.09 x	7.18 x
EV / EBITDA	13 x	8.22 x	9.34 x	10.5 x	8.97 x	7.97 x
EV / FCF	-7.99 x	40.9 x	6.43 x	19.9 x	15 x	12.9 x
FCF Yield	-12.5%	2.45%	15.6%	5.02%	6.68%	7.76%
Price to Book	0.75 x	0.5 x	0.5 x	0.56 x	0.5 x	0.46 x
Nbr of stocks (in thousands)	1,156,696	1,135,400	1,122,324	1,119,579	-	-
Reference price ²	2.745	1.690	1.696	2.080	2.080	2.080
Announcement Date	4/20/22	3/28/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	284.7	299.9	231	272.8	331.7	373.6
EBITDA ¹	292.7	272.5	225	248.3	299	336.5
EBIT ¹	292.7	272.5	225	239.1	289.5	325.3
Operating Margin	102.83%	90.84%	97.36%	87.66%	87.3%	87.05%
Earnings before Tax (EBT) ¹	199.6	-411.7	314.1	308.2	361.2	403.6
Net income ¹	190	-366.9	254	556.5	599.1	660.5
Net margin	66.73%	-122.34%	109.93%	203.98%	180.63%	176.78%
EPS ²	0.4914	-0.3189	0.2245	0.5400	0.5710	0.6275
Free Cash Flow ¹	-475.5	54.77	327	131	179.4	208.3
FCF margin	-167.05%	18.26%	141.55%	48.02%	54.08%	55.75%
FCF Conversion (EBITDA)	-	20.1%	145.38%	52.76%	59.98%	61.91%
FCF Conversion (Net income)	-	-	128.77%	23.54%	29.94%	31.54%
Dividend per Share ²	0.0208	0.1175	0.1188	0.1249	0.1330	0.1417
Announcement Date	4/20/22	3/28/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1
Net sales ¹	150.6
EBITDA	-
EBIT ¹	134.8
Operating Margin	89.51%
Earnings before Tax (EBT)	-
Net income ¹	-316.8
Net margin	-210.32%
EPS	-
Dividend per Share ²	0.0307
Announcement Date	9/21/22

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt ¹	623	320	199	278	355	354
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.129 x	1.176 x	0.8832 x	1.121 x	1.186 x	1.053 x
Free Cash Flow ¹	-476	54.8	327	131	179	208
ROE (net income / shareholders' equity)	4.68%	5.44%	4.18%	4.7%	5.5%	5.69%
ROA (Net income/ Total Assets)	3.7%	4.39%	3.5%	3.94%	4.67%	4.67%
Assets ¹	5,137	-8,362	7,259	14,138	12,820	14,138
Book Value Per Share ²	3.660	3.370	3.410	3.730	4.130	4.570
Cash Flow per Share ²	-0.2300	0.1500	0.4300	0.1800	0.2100	0.2700
Capex ¹	-	121	162	118	118	118
Capex / Sales	-	40.44%	69.99%	43.2%	35.54%	31.54%
Announcement Date	4/20/22	3/28/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Petershill Partners PLC

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.08 GBP

Average target price

2.392 GBP

Spread / Average Target

+15.00%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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Private Equity