Financials Sameer Africa PLC

Equities

SMER

KE0000000232

Tires & Rubber Products

End-of-day quote Nairobi S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
2.09 KES -2.79% Intraday chart for Sameer Africa PLC +2.45% -7.93%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 779.4 514.9 960.3 904.6 796.1 584.5
Enterprise Value (EV) 1 1,253 1,443 1,791 1,585 1,253 887.1
P/E ratio 59.8 x -0.97 x -0.9 x 20.8 x 3.66 x 5.83 x
Yield - - - - - -
Capitalization / Revenue 0.3 x 0.25 x 0.55 x 1.19 x 1.22 x 0.95 x
EV / Revenue 0.48 x 0.7 x 1.02 x 2.09 x 1.92 x 1.45 x
EV / EBITDA 7.81 x -4.47 x -3.68 x 9.12 x 3.22 x 3.43 x
EV / FCF 4.85 x 36.6 x 8.38 x 6.8 x 4.58 x 3.39 x
FCF Yield 20.6% 2.73% 11.9% 14.7% 21.8% 29.5%
Price to Book 0.42 x 0.46 x 13.9 x 7.89 x 2.38 x 1.36 x
Nbr of stocks (in thousands) 278,342 278,342 278,342 278,342 278,342 278,342
Reference price 2 2.800 1.850 3.450 3.250 2.860 2.100
Announcement Date 5/31/18 4/29/19 6/25/20 4/9/21 4/14/22 6/4/23
1KES in Million2KES
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 2,627 2,068 1,757 757.5 651.6 613.1
EBITDA 1 160.4 -323 -487.2 173.9 389.5 258.9
EBIT 1 94.87 -405.4 -585.3 163.5 377.8 247
Operating Margin 3.61% -19.6% -33.31% 21.59% 57.99% 40.29%
Earnings before Tax (EBT) 1 27.16 -478.1 -660.5 71.74 318.5 188.4
Net income 1 13.03 -529.3 -1,062 43.48 217.4 100.3
Net margin 0.5% -25.6% -60.43% 5.74% 33.36% 16.35%
EPS 2 0.0468 -1.902 -3.815 0.1562 0.7810 0.3602
Free Cash Flow 1 258.5 39.41 213.6 233.1 273.7 262
FCF margin 9.84% 1.91% 12.15% 30.77% 42% 42.73%
FCF Conversion (EBITDA) 161.12% - - 134.03% 70.27% 101.2%
FCF Conversion (Net income) 1,983.77% - - 536.11% 125.9% 261.29%
Dividend per Share - - - - - -
Announcement Date 5/31/18 4/29/19 6/25/20 4/9/21 4/14/22 6/4/23
1KES in Million2KES
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 474 928 830 681 457 303
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.953 x -2.873 x -1.705 x 3.914 x 1.174 x 1.169 x
Free Cash Flow 1 258 39.4 214 233 274 262
ROE (net income / shareholders' equity) 0.71% -35.7% -177% 47.3% 96.9% 26.2%
ROA (Net income/ Total Assets) 1.89% -9.12% -17.8% 7.93% 21.8% 13.2%
Assets 1 687.9 5,805 5,978 548.3 999.4 758.8
Book Value Per Share 2 6.600 4.060 0.2500 0.4100 1.200 1.550
Cash Flow per Share 2 0.4300 0.1700 0.1400 0.2300 0.1400 0.5100
Capex 1 336 20.4 7.75 0.02 - 3.39
Capex / Sales 12.79% 0.99% 0.44% 0% - 0.55%
Announcement Date 5/31/18 4/29/19 6/25/20 4/9/21 4/14/22 6/4/23
1KES in Million2KES
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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