Financials RIT Capital Partners Plc

Equities

RCP

GB0007366395

Investment Trusts

Market Closed - London S.E. 11:35:29 2024-06-20 am EDT 5-day change 1st Jan Change
1,826 GBX +0.11% Intraday chart for RIT Capital Partners Plc +2.01% -2.98%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,948 3,301 3,224 4,298 3,299 2,739
Enterprise Value (EV) 1 3,168 3,457 3,302 4,385 3,455 2,819
P/E ratio 109 x 9.58 x 6.43 x 5.04 x -5.72 x 43 x
Yield 1.73% 1.61% 1.69% 1.28% 1.74% 2.02%
Capitalization / Revenue 54.9 x 8.1 x 5.96 x 4.68 x -6.24 x 19.2 x
EV / Revenue 59 x 8.48 x 6.1 x 4.77 x -6.53 x 19.8 x
EV / EBITDA 123 x 9.15 x 6.63 x 5.07 x -6.04 x 28.2 x
EV / FCF -63.7 x 14.3 x 8.52 x 8.51 x -7.45 x 14.5 x
FCF Yield -1.57% 7% 11.7% 11.8% -13.4% 6.88%
Price to Book 1.04 x 1.05 x 0.9 x 0.98 x 0.88 x 0.77 x
Nbr of stocks (in thousands) 154,357 156,089 156,132 156,300 155,258 145,555
Reference price 2 19.10 21.15 20.65 27.50 21.25 18.82
Announcement Date 3/5/19 3/3/20 3/2/21 3/1/22 2/28/23 3/5/24
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 53.7 407.5 541.2 918.3 -528.8 142.4
EBITDA 1 25.7 377.9 498.2 864.3 -572 100
EBIT 1 25.1 377.5 497.8 863.9 -572.4 99.7
Operating Margin 46.74% 92.64% 91.98% 94.08% 108.25% 70.01%
Earnings before Tax (EBT) 1 28.4 342.9 503 861.9 -577.2 66.1
Net income 1 27.1 342.3 503.9 859.2 -577.2 66.1
Net margin 50.47% 84% 93.11% 93.56% 109.15% 46.42%
EPS 2 0.1750 2.208 3.210 5.455 -3.713 0.4380
Free Cash Flow 1 -49.7 242.1 387.6 515.4 -463.5 194
FCF margin -92.55% 59.41% 71.61% 56.13% 87.65% 136.24%
FCF Conversion (EBITDA) - 64.06% 77.79% 59.63% - 194.01%
FCF Conversion (Net income) - 70.72% 76.91% 59.99% - 293.51%
Dividend per Share 2 0.3300 0.3400 0.3500 0.3525 0.3700 0.3800
Announcement Date 3/5/19 3/3/20 3/2/21 3/1/22 2/28/23 3/5/24
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 220 156 77.5 86.6 156 79.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.549 x 0.4123 x 0.1556 x 0.1002 x -0.2724 x 0.794 x
Free Cash Flow 1 -49.7 242 388 515 -463 194
ROE (net income / shareholders' equity) 0.95% 11.5% 15% 21.5% -14.2% 1.81%
ROA (Net income/ Total Assets) 0.47% 6.94% 8.32% 12% -7.81% 1.54%
Assets 1 5,815 4,932 6,056 7,184 7,387 4,282
Book Value Per Share 2 18.30 20.10 23.00 28.20 24.10 24.50
Cash Flow per Share 2 1.360 0.3900 1.900 2.090 1.410 1.400
Capex 1 0.2 0.2 0.2 0.1 0.1 0.3
Capex / Sales 0.37% 0.05% 0.04% 0.01% -0.02% 0.21%
Announcement Date 3/5/19 3/3/20 3/2/21 3/1/22 2/28/23 3/5/24
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
18.26
Average target price
-
Consensus
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