Financials Restore plc

Equities

Market Closed - London S.E. Other stock markets 11:35:17 2024-04-26 am EDT			5-day change	1st Jan Change
225 ^GBX	+1.12%		+3.21%	+2.27%

Mar. 14	Restore stock falls as weak tech trading drags down annual results	AN
Mar. 14	AIM WINNERS & LOSERS: Smartspace backs Sign In bid; Abingdon jumps	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	684.3	519	669.7	451.8	301.2	308.1	-	-
Enterprise Value (EV) ¹	772.8	585.1	887.5	664.8	502.5	493.6	474.9	445.1
P/E ratio	42.6 x	2,065 x	58.3 x	27 x	-9.78 x	19.6 x	15.2 x	14.1 x
Yield	1.31%	-	1.47%	2.24%	2.36%	2.56%	2.87%	3.11%
Capitalization / Revenue	3.17 x	2.84 x	2.86 x	1.62 x	1.09 x	1.04 x	1 x	0.98 x
EV / Revenue	3.58 x	3.2 x	3.79 x	2.38 x	1.81 x	1.66 x	1.55 x	1.41 x
EV / EBITDA	11 x	10.2 x	12 x	8.16 x	6.52 x	6.02 x	5.51 x	4.9 x
EV / FCF	16.1 x	13.2 x	22.8 x	18.1 x	13.4 x	31 x	17.4 x	13 x
FCF Yield	6.2%	7.59%	4.38%	5.54%	7.46%	3.23%	5.74%	7.7%
Price to Book	3.13 x	2.37 x	2.53 x	1.65 x	-	1.14 x	1.11 x	1.02 x
Nbr of stocks (in thousands)	124,420	125,654	136,674	136,924	136,924	136,924	-	-
Reference price ²	5.500	4.130	4.900	3.300	2.200	2.250	2.250	2.250
Announcement Date	3/18/20	3/18/21	3/16/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	215.6	182.7	234.3	279	277.1	296.7	307.3	315.1
EBITDA ¹	70	57.4	74.2	81.5	77.1	81.92	86.23	90.79
EBIT ¹	45.2	31.7	46.2	51.9	44.3	48.45	52.48	55.68
Operating Margin	20.96%	17.35%	19.72%	18.6%	15.99%	16.33%	17.08%	17.67%
Earnings before Tax (EBT) ¹	24.8	4	23	23.3	-29	21.6	26.87	30.43
Net income ¹	16.7	0.2	11.5	16.8	-30.8	16.2	20.13	22.83
Net margin	7.75%	0.11%	4.91%	6.02%	-11.12%	5.46%	6.55%	7.25%
EPS ²	0.1290	0.002000	0.0840	0.1220	-0.2250	0.1150	0.1480	0.1600
Free Cash Flow ¹	47.9	44.4	38.9	36.8	37.5	15.93	27.26	34.27
FCF margin	22.22%	24.3%	16.6%	13.19%	13.53%	5.37%	8.87%	10.88%
FCF Conversion (EBITDA)	68.43%	77.35%	52.43%	45.15%	48.64%	19.45%	31.61%	37.74%
FCF Conversion (Net income)	286.83%	22,200%	338.26%	219.05%	-	98.35%	135.38%	150.07%
Dividend per Share ²	0.0720	-	0.0720	0.0740	0.0520	0.0575	0.0646	0.0699
Announcement Date	3/18/20	3/18/21	3/16/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	88.5	66.1	218	213	201	185	167	137
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.264 x	1.152 x	2.935 x	2.613 x	2.611 x	2.264 x	1.934 x	1.51 x
Free Cash Flow ¹	47.9	44.4	38.9	36.8	37.5	15.9	27.3	34.3
ROE (net income / shareholders' equity)	-	8.6%	12.8%	12.3%	9.18%	10.6%	11.4%	11.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	1.760	1.740	1.940	2.000	-	1.980	2.030	2.200
Cash Flow per Share ²	0.4400	0.4000	0.3500	0.3500	0.3500	0.3200	0.3500	0.3900
Capex ¹	9	7.3	8.8	11	10.3	17.4	13.7	13.6
Capex / Sales	4.17%	4%	3.76%	3.94%	3.72%	5.86%	4.45%	4.33%
Announcement Date	3/18/20	3/18/21	3/16/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.25 GBP

Average target price

3.073 GBP

Spread / Average Target

+36.57%