TARGET HOSPITALITY CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.31 USD | +1.71% |
|
+2.82% | +16.24% |
| Apr. 12 | Stifel Downgrades Target Hospitality to Hold From Buy, Adjusts Price Target to $12 From $13 | MT |
| Mar. 25 | Deals of the day-Mergers and acquisitions | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 492.6 | 151.9 | 344.7 | 1,472 | 989.2 | 1,109 | - |
| Enterprise Value (EV) 1 | 889.1 | 519.7 | 344.7 | 1,472 | 989.2 | 1,109 | 1,109 |
| P/E ratio | 71.4 x | -5.45 x | -71.2 x | 20.5 x | 6.24 x | 17.5 x | 16.1 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.53 x | 0.67 x | 1.18 x | 2.93 x | 1.76 x | 2.68 x | 2.63 x |
| EV / Revenue | 1.53 x | 0.67 x | 1.18 x | 2.93 x | 1.76 x | 2.68 x | 2.63 x |
| EV / EBITDA | 3.09 x | 1.94 x | 2.89 x | 5.56 x | 2.87 x | 5.62 x | 5.52 x |
| EV / FCF | -20.3 x | 4.39 x | 5.02 x | 8.94 x | - | 8.13 x | 8.74 x |
| FCF Yield | -4.92% | 22.8% | 19.9% | 11.2% | - | 12.3% | 11.4% |
| Price to Book | 3.83 x | 1.53 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 98,522 | 96,155 | 96,821 | 97,257 | 101,661 | 99,694 | - |
| Reference price 2 | 5.000 | 1.580 | 3.560 | 15.14 | 9.730 | 11.12 | 11.12 |
| Announcement Date | 3/11/20 | 3/30/21 | 3/10/22 | 3/10/23 | 3/13/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 321.1 | 225.1 | 291.3 | 502 | 563.6 | 413.4 | 420.8 |
| EBITDA 1 | 159.2 | 78.49 | 119.2 | 264.7 | 344.2 | 197.4 | 201 |
| EBIT 1 | 100.3 | 4.101 | 37.1 | 174.4 | 240.6 | 105.8 | 106.8 |
| Operating Margin | 31.23% | 1.82% | 12.73% | 34.74% | 42.69% | 25.59% | 25.39% |
| Earnings before Tax (EBT) 1 | 13.84 | -35.93 | -2.672 | 106.3 | 224.8 | 84.47 | 89.9 |
| Net income 1 | 6.236 | -27.48 | -4.576 | 73.94 | 164.6 | 65.27 | 70.75 |
| Net margin | 1.94% | -12.2% | -1.57% | 14.73% | 29.21% | 15.79% | 16.81% |
| EPS 2 | 0.0700 | -0.2900 | -0.0500 | 0.7400 | 1.560 | 0.6367 | 0.6900 |
| Free Cash Flow 1 | -24.24 | 34.6 | 68.68 | 164.8 | - | 136.4 | 126.8 |
| FCF margin | -7.55% | 15.37% | 23.58% | 32.82% | - | 32.99% | 30.13% |
| FCF Conversion (EBITDA) | - | 44.09% | 57.63% | 62.24% | - | 69.09% | 63.1% |
| FCF Conversion (Net income) | - | - | - | 222.84% | - | 208.99% | 179.22% |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 3/11/20 | 3/30/21 | 3/10/22 | 3/10/23 | 3/13/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 89.17 | 81.69 | 80.34 | 109.6 | 159.6 | 152.4 | 147.8 | 143.6 | 145.9 | 126.2 | 102 | 102.3 | 105.4 | 103.7 |
| EBITDA 1 | 37.53 | 33.74 | 33.38 | 56.12 | 84.38 | 90.82 | 90.6 | 90.92 | 95.04 | 67.66 | 48.23 | 48.93 | 50.87 | 49.37 |
| EBIT 1 | 16.68 | 13.68 | 12.38 | 37.83 | 59.94 | 64.21 | 61.96 | 64.76 | 67.72 | 46.18 | 25.33 | 26.07 | 27.93 | 26.47 |
| Operating Margin | 18.71% | 16.74% | 15.41% | 34.5% | 37.57% | 42.12% | 41.91% | 45.09% | 46.4% | 36.58% | 24.84% | 25.47% | 26.5% | 25.51% |
| Earnings before Tax (EBT) 1 | 8.337 | 4.564 | 1.582 | 29.02 | 31.05 | 44.66 | 56.04 | 60.16 | 60.19 | 48.36 | 20 | 20.73 | 22.6 | 21.13 |
| Net income 1 | 6.675 | 2.799 | 0.494 | 22.85 | 19.02 | 31.57 | 43.82 | 46.45 | 45.58 | 30.59 | 15.43 | 16.03 | 17.5 | 16.33 |
| Net margin | 7.49% | 3.43% | 0.61% | 20.84% | 11.92% | 20.71% | 29.65% | 32.34% | 31.23% | 24.24% | 15.14% | 15.67% | 16.6% | 15.75% |
| EPS 2 | 0.0700 | 0.0300 | 0.0100 | 0.2400 | 0.2000 | 0.3000 | 0.3800 | 0.4400 | 0.4300 | 0.2900 | 0.1467 | 0.1567 | 0.1700 | 0.1600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/12/21 | 3/10/22 | 5/10/22 | 8/9/22 | 11/9/22 | 3/10/23 | 5/9/23 | 8/9/23 | 11/8/23 | 3/13/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | 396 | 368 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.491 x | 4.686 x | - | - | - | - | - |
| Free Cash Flow 1 | -24.2 | 34.6 | 68.7 | 165 | - | 136 | 127 |
| ROE (net income / shareholders' equity) | 19.6% | -24.7% | - | 49.6% | - | 12.9% | - |
| ROA (Net income/ Total Assets) | - | -4.84% | - | - | - | - | - |
| Assets 1 | - | 567.5 | - | - | - | - | - |
| Book Value Per Share | 1.310 | 1.040 | - | - | - | - | - |
| Cash Flow per Share | 0.9200 | 0.4900 | 1.080 | - | - | - | - |
| Capex 1 | 84.7 | 12.2 | 35.9 | 141 | - | 27 | 28.3 |
| Capex / Sales | 26.39% | 5.41% | 12.33% | 28.06% | - | 6.53% | 6.72% |
| Announcement Date | 3/11/20 | 3/30/21 | 3/10/22 | 3/10/23 | 3/13/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
11.12
USD
Average target price
11.33
USD
Spread / Average Target
+1.92%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +16.24% | 1.11B | |
| +6.64% | 69.42B | |
| +11.02% | 50.54B | |
| +11.59% | 16.25B | |
| +16.72% | 15.31B | |
| +20.75% | 11.17B | |
| +33.07% | 9.7B | |
| +13.56% | 5.05B | |
| +8.26% | 4.64B | |
| +24.16% | 3.79B |
- Stock Market
- Equities
- TH Stock
- Financials Target Hospitality Corp.
