Financials S4 Capital plc

Equities

Market Closed - London S.E. Other stock markets 11:35:28 2024-04-26 am EDT			5-day change	1st Jan Change
50.5 ^GBX	+1.32%		-7.85%	-5.43%

Mar. 27	FTSE 100 Closes Flat After Quiet Session	DJ
Mar. 27	Transcript : S4 Capital plc, 2023 Earnings Call, Mar 27, 2024

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	339.4	871.7	2,593	3,430	1,054	287.9	287.9	-
Enterprise Value (EV) ¹	360.1	847.9	2,541	3,448	1,216	531.8	472.1	428.6
P/E ratio	79.3 x	-71.3 x	-625 x	-61.6 x	-7.01 x	-59.3 x	-9.43 x	-42.5 x
Yield	-	-	-	-	-	1.98%	2.14%	2.55%
Capitalization / Revenue	2.5 x	4.05 x	7.57 x	5 x	0.99 x	0.3 x	0.32 x	0.29 x
EV / Revenue	2.65 x	3.94 x	7.42 x	5.02 x	1.14 x	0.53 x	0.52 x	0.44 x
EV / EBITDA	16 x	25.4 x	40.9 x	34.1 x	9.79 x	5.68 x	5.1 x	3.85 x
EV / FCF	-	-	46.8 x	79.3 x	19.6 x	-32 x	14.3 x	8.82 x
FCF Yield	-	-	2.14%	1.26%	5.09%	-3.12%	7.01%	11.3%
Price to Book	1.28 x	1.53 x	3.46 x	4.37 x	-	0.39 x	0.4 x	0.41 x
Nbr of stocks (in thousands)	285,225	452,807	518,565	541,017	557,035	570,108	570,108	-
Reference price ²	1.190	1.925	5.000	6.340	1.892	0.5050	0.5050	0.5050
Announcement Date	3/18/19	3/18/20	3/25/21	5/6/22	3/29/23	3/27/24	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	135.9	215.1	342.7	686.6	1,069	1,012	909	978.1
EBITDA ¹	22.45	33.41	62.18	101	124.2	93.7	92.64	111.4
EBIT ¹	21	31.15	57.95	94.81	114.1	82	80.54	99.88
Operating Margin	15.45%	14.48%	16.91%	13.81%	10.67%	8.11%	8.86%	10.21%
Earnings before Tax (EBT) ¹	-	-	3.096	-55.65	-159.7	-13.9	-25.03	21.1
Net income ¹	-	-	-3.929	-56.72	-159.6	-6	-43.6	-6.65
Net margin	-	-	-1.15%	-8.26%	-14.93%	-0.59%	-4.8%	-0.68%
EPS ²	0.0150	-0.0270	-0.008000	-0.1030	-0.2700	-0.009000	-0.0536	-0.0119
Free Cash Flow ¹	-	-	54.27	43.5	61.88	-16.6	33.12	48.61
FCF margin	-	-	15.84%	6.34%	5.79%	-1.64%	3.64%	4.97%
FCF Conversion (EBITDA)	-	-	87.29%	43.08%	49.83%	17.05%	35.75%	43.63%
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	-	0.0100	0.0108	0.0129
Announcement Date	3/18/19	3/18/20	3/25/21	5/6/22	3/29/23	3/27/24	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	20.6	-	-	18	162	224	184	141
Net Cash position ¹	-	23.7	51.6	-	-	-	-	-
Leverage (Debt/EBITDA)	0.9191 x	-	-	0.1786 x	1.302 x	2.395 x	1.988 x	1.263 x
Free Cash Flow ¹	-	-	54.3	43.5	61.9	-16.6	33.1	48.6
ROE (net income / shareholders' equity)	4.7%	4.73%	6.59%	9.46%	-	4.25%	4.75%	6.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.9300	1.260	1.450	1.450	-	1.350	1.280	1.220
Cash Flow per Share ²	0.0100	0.0700	0.1300	0.1000	0.1300	-0.0200	0.0600	0.1000
Capex ¹	1.48	7.87	7.4	11.1	16.4	5.9	15.2	16.8
Capex / Sales	1.09%	3.66%	2.16%	1.62%	1.53%	0.58%	1.67%	1.72%
Announcement Date	3/18/19	3/18/20	3/25/21	5/6/22	3/29/23	3/27/24	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.505 GBP

Average target price

0.8233 GBP

Spread / Average Target

+63.04%

	1st Jan change	Capi.
S4 CAPITAL PLC	-5.43%	359M
PUBLICIS GROUPE SA	+24.29%	27.88B
OMNICOM GROUP., INC.	+10.84%	18.78B
FOCUS MEDIA INFORMATION TECHNOLOGY CO., LTD.	+8.39%	13.65B
THE INTERPUBLIC GROUP OF COMPANIES, INC.	-3.58%	11.88B
WPP PLC	+7.89%	10.86B
JCDECAUX SE	+7.47%	4.45B
PEOPLE.CN CO., LTD	-12.44%	3.74B
HAKUHODO DY HOLDINGS INC	+35.03%	3.4B
CYBERAGENT, INC.	+16.26%	3.31B