PROPEL FUNERAL PARTNERS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.32 AUD | -0.93% |
|
-0.75% | +3.10% |
| Mar. 18 | Propel Funeral Partners Limited(ASX:PFP) added to S&P/ASX Small Ordinaries Index | CI |
| Mar. 18 | Propel Funeral Partners Limited(ASX:PFP) added to S&P/ASX 300 Index | CI |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 325.1 | 297.2 | 376.8 | 557.6 | 494.3 | 733.5 | - | - |
| Enterprise Value (EV) 1 | 333.3 | 393.9 | 492.8 | 635.5 | 620.9 | 843.8 | 844.8 | 845.1 |
| P/E ratio | 26.3 x | 27.9 x | 26 x | -1,677 x | 26 x | 32.1 x | 27.9 x | 26.6 x |
| Yield | 3.48% | 3.32% | 3.12% | 2.59% | 3.19% | 2.61% | 2.93% | 3.15% |
| Capitalization / Revenue | 3.42 x | 2.68 x | 3.13 x | 3.84 x | 2.93 x | 3.43 x | 3.13 x | 2.96 x |
| EV / Revenue | 3.5 x | 3.55 x | 4.09 x | 4.38 x | 3.68 x | 3.95 x | 3.6 x | 3.41 x |
| EV / EBITDA | 14 x | 12.2 x | 13.6 x | 16 x | 13.5 x | 14.7 x | 13.3 x | 12.5 x |
| EV / FCF | 75.8 x | 33.1 x | 31.7 x | 50.9 x | 49.5 x | 51.7 x | 31.3 x | 28.3 x |
| FCF Yield | 1.32% | 3.02% | 3.15% | 1.96% | 2.02% | 1.93% | 3.2% | 3.54% |
| Price to Book | 1.78 x | 1.63 x | 2.02 x | 2.24 x | 1.95 x | 2.07 x | 2.07 x | 2.07 x |
| Nbr of stocks (in thousands) | 98,508 | 98,735 | 99,946 | 117,896 | 117,960 | 137,874 | - | - |
| Reference price 2 | 3.300 | 3.010 | 3.770 | 4.730 | 4.190 | 5.320 | 5.320 | 5.320 |
| Announcement Date | 8/25/19 | 8/24/20 | 8/24/21 | 8/23/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 95.12 | 110.8 | 120.4 | 145.2 | 168.5 | 213.8 | 234.6 | 247.9 |
| EBITDA 1 | 23.76 | 32.4 | 36.28 | 39.6 | 45.96 | 57.34 | 63.69 | 67.79 |
| EBIT 1 | 19.62 | 23.6 | 26.62 | 29.3 | 34.57 | 42.93 | 48.52 | 52.28 |
| Operating Margin | 20.63% | 21.29% | 22.1% | 20.17% | 20.51% | 20.08% | 20.68% | 21.09% |
| Earnings before Tax (EBT) | 17.57 | 13.9 | 20.79 | 2.078 | 27.5 | - | 36.84 | 40.01 |
| Net income 1 | 12.34 | 10.62 | 14.44 | -0.318 | 19.01 | 21 | 27.13 | 29.27 |
| Net margin | 12.97% | 9.58% | 11.99% | -0.22% | 11.28% | 9.82% | 11.57% | 11.81% |
| EPS 2 | 0.1256 | 0.1077 | 0.1451 | -0.002820 | 0.1612 | 0.1657 | 0.1907 | 0.2000 |
| Free Cash Flow 1 | 4.399 | 11.9 | 15.53 | 12.48 | 12.53 | 16.32 | 27 | 29.91 |
| FCF margin | 4.62% | 10.74% | 12.89% | 8.6% | 7.44% | 7.64% | 11.51% | 12.07% |
| FCF Conversion (EBITDA) | 18.51% | 36.73% | 42.8% | 31.53% | 27.27% | 28.47% | 42.4% | 44.12% |
| FCF Conversion (Net income) | 35.65% | 112.01% | 107.52% | - | 65.93% | 77.73% | 99.53% | 102.17% |
| Dividend per Share 2 | 0.1150 | 0.1000 | 0.1175 | 0.1225 | 0.1335 | 0.1387 | 0.1560 | 0.1675 |
| Announcement Date | 8/25/19 | 8/24/20 | 8/24/21 | 8/23/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2023 S1 | 2023 S2 | 2024 S1 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 57 | 53.84 | 59 | 61.44 | 67.97 | - | 84.73 | 102.9 |
| EBITDA 1 | - | 17.73 | 19 | 17.28 | 19.08 | 23.1 | 22.84 | 27.39 |
| EBIT | 11.97 | 11.63 | 14.2 | 12.42 | 14.05 | - | 16.96 | - |
| Operating Margin | 21% | 21.6% | 24.07% | 20.21% | 20.67% | - | 20.01% | - |
| Earnings before Tax (EBT) | 5.255 | 8.826 | 11.7 | 9.125 | - | - | - | - |
| Net income | 3.501 | 7.123 | 8.2 | 6.287 | -9.197 | - | 8.789 | - |
| Net margin | 6.14% | 13.23% | 13.9% | 10.23% | -13.53% | - | 10.37% | - |
| EPS | - | - | - | - | - | - | - | - |
| Dividend per Share | - | 0.0600 | - | - | - | - | - | - |
| Announcement Date | 2/26/20 | 8/24/20 | 2/24/21 | 8/24/21 | 2/22/22 | - | 8/23/23 | 2/20/24 |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 8.18 | 96.7 | 116 | 77.8 | 127 | 110 | 111 | 112 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.344 x | 2.985 x | 3.197 x | 1.965 x | 2.756 x | 1.923 x | 1.748 x | 1.647 x |
| Free Cash Flow 1 | 4.4 | 11.9 | 15.5 | 12.5 | 12.5 | 16.3 | 27 | 29.9 |
| ROE (net income / shareholders' equity) | 6.81% | 7.78% | 8.27% | 7.97% | 8.32% | 7.54% | 7.91% | 8.34% |
| ROA (Net income/ Total Assets) | - | - | - | - | 4.31% | 4% | 4% | 4% |
| Assets 1 | - | - | - | - | 440.8 | 525 | 678.3 | 731.8 |
| Book Value Per Share 2 | 1.850 | 1.850 | 1.870 | 2.110 | 2.150 | 2.560 | 2.570 | 2.570 |
| Cash Flow per Share 2 | - | - | - | - | - | 0.2800 | 0.3000 | 0.3200 |
| Capex 1 | 13 | 9.6 | 11.7 | 11.8 | 19.7 | 13.7 | 11.8 | 12.3 |
| Capex / Sales | 13.62% | 8.66% | 9.69% | 8.12% | 11.7% | 6.39% | 5.04% | 4.95% |
| Announcement Date | 8/25/19 | 8/24/20 | 8/24/21 | 8/23/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
5.32
AUD
Average target price
5.801
AUD
Spread / Average Target
+9.05%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +3.10% | 478M | |
| -0.94% | 1.52B | |
| +5.97% | 549M | |
| -15.30% | 415M | |
| -0.36% | 378M | |
| -2.34% | 141M | |
| +11.69% | 67.24M | |
| -2.88% | 66.7M | |
| -1.75% | 64.35M | |
| -35.14% | 61.32M |
- Stock Market
- Equities
- PFP Stock
- Financials Propel Funeral Partners Limited
