Financials Reunert Limited

Equities

RLO

ZAE000057428

Electrical Components & Equipment

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
65.52 ZAR +1.82% Intraday chart for Reunert Limited +2.78% +9.31%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 12,462 11,140 4,623 7,672 6,904 9,592
Enterprise Value (EV) 1 11,990 10,584 4,534 7,649 6,789 9,896
P/E ratio 10.8 x 14.3 x 98.7 x 9.88 x 8.38 x 10.5 x
Yield 6.49% 7.43% 8.98% 5.83% 6.91% 5.52%
Capitalization / Revenue 1.19 x 1.04 x 0.57 x 0.8 x 0.62 x 0.7 x
EV / Revenue 1.14 x 0.99 x 0.56 x 0.8 x 0.61 x 0.72 x
EV / EBITDA 7.78 x 7.1 x 23.9 x 7.07 x 5.27 x 6.08 x
EV / FCF 31.3 x 9.18 x 27.5 x 27.4 x 58.8 x 13.8 x
FCF Yield 3.2% 10.9% 3.64% 3.64% 1.7% 7.26%
Price to Book 1.65 x 1.52 x 0.71 x 1.13 x 0.98 x 1.29 x
Nbr of stocks (in thousands) 163,977 161,452 161,471 161,471 159,436 159,436
Reference price 2 76.00 69.00 28.63 47.51 43.30 60.16
Announcement Date 12/14/18 12/20/19 1/14/21 12/22/21 11/29/22 11/22/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 10,492 10,714 8,046 9,575 11,129 13,781
EBITDA 1 1,542 1,491 190 1,082 1,289 1,628
EBIT 1 1,432 1,326 31 916 1,036 1,419
Operating Margin 13.65% 12.38% 0.39% 9.57% 9.31% 10.3%
Earnings before Tax (EBT) 1 1,510 1,191 89 1,032 1,137 1,318
Net income 1 1,158 790 47 777 827 919
Net margin 11.04% 7.37% 0.58% 8.11% 7.43% 6.67%
EPS 2 7.050 4.840 0.2900 4.810 5.170 5.710
Free Cash Flow 1 383.4 1,153 165 278.8 115.4 718.6
FCF margin 3.65% 10.76% 2.05% 2.91% 1.04% 5.21%
FCF Conversion (EBITDA) 24.86% 77.32% 86.84% 25.76% 8.95% 44.14%
FCF Conversion (Net income) 33.11% 145.93% 351.06% 35.88% 13.95% 78.2%
Dividend per Share 2 4.930 5.130 2.570 2.770 2.990 3.320
Announcement Date 12/14/18 12/20/19 1/14/21 12/22/21 11/29/22 11/22/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 304
Net Cash position 1 472 556 89 23 115 -
Leverage (Debt/EBITDA) - - - - - 0.1867 x
Free Cash Flow 1 383 1,153 165 279 115 719
ROE (net income / shareholders' equity) 15.6% 10.8% 0.1% 11.5% 12.1% 12.9%
ROA (Net income/ Total Assets) 8.71% 7.99% 0.19% 5.71% 6.09% 7.53%
Assets 1 13,289 9,893 24,302 13,615 13,583 12,209
Book Value Per Share 2 46.20 45.30 40.30 42.00 44.40 46.80
Cash Flow per Share 2 4.750 5.810 6.370 6.700 6.020 8.140
Capex 1 162 158 170 238 232 355
Capex / Sales 1.54% 1.47% 2.11% 2.49% 2.08% 2.58%
Announcement Date 12/14/18 12/20/19 1/14/21 12/22/21 11/29/22 11/22/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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