Financials The West Indian Tobacco Company Limited

Equities

WCO

TTP985721039

Tobacco

End-of-day quote Trinidad and Tobago S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
11.15 TTD 0.00% Intraday chart for The West Indian Tobacco Company Limited -0.71% +25.28%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 8,424 8,031 10,465 8,946 7,203 5,310
Enterprise Value (EV) 1 8,189 7,746 10,169 8,500 6,835 5,039
P/E ratio 22.2 x 19.8 x 49.9 x 21.8 x 19 x 20.3 x
Yield 4.41% 4.83% 3.53% 4.35% 4.98% 4.66%
Capitalization / Revenue 9.71 x 8.73 x 11.2 x 9.94 x 8.45 x 7.33 x
EV / Revenue 9.44 x 8.42 x 10.9 x 9.45 x 8.02 x 6.96 x
EV / EBITDA 14.4 x 13 x 16.5 x 14.2 x 12.4 x 12.9 x
EV / FCF 23.2 x 19.6 x 27.9 x 21.1 x 28 x 17.4 x
FCF Yield 4.32% 5.11% 3.58% 4.74% 3.57% 5.73%
Price to Book 22.3 x 19.4 x 23.2 x 15.5 x 12 x 11.7 x
Nbr of stocks (in thousands) 252,720 252,720 252,720 252,720 252,720 252,720
Reference price 2 33.33 31.78 41.41 35.40 28.50 21.01
Announcement Date 3/19/18 3/26/19 3/24/20 4/6/21 3/17/22 3/31/23
1TTD in Million2TTD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 867.6 919.6 935.4 899.9 852.3 724.1
EBITDA 1 568 596.6 616 598.1 549.7 390.8
EBIT 1 549.2 586.5 605.7 587.4 537.4 378
Operating Margin 63.29% 63.78% 64.75% 65.28% 63.06% 52.2%
Earnings before Tax (EBT) 1 549.7 587.3 607.8 588.1 537.2 379
Net income 1 380.2 405.1 209.7 410 379 261.6
Net margin 43.82% 44.05% 22.41% 45.56% 44.47% 36.13%
EPS 2 1.505 1.603 0.8296 1.622 1.500 1.035
Free Cash Flow 1 353.6 395.9 364 403.1 244 288.9
FCF margin 40.75% 43.05% 38.91% 44.79% 28.64% 39.9%
FCF Conversion (EBITDA) 62.25% 66.36% 59.08% 67.39% 44.4% 73.94%
FCF Conversion (Net income) 92.99% 97.74% 173.6% 98.31% 64.39% 110.46%
Dividend per Share 2 1.470 1.533 1.460 1.540 1.420 0.9800
Announcement Date 3/19/18 3/26/19 3/24/20 4/6/21 3/17/22 3/31/23
1TTD in Million2TTD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 235 285 296 446 367 271
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 354 396 364 403 244 289
ROE (net income / shareholders' equity) 95.4% 102% 96.7% 79.7% 64.4% 49.7%
ROA (Net income/ Total Assets) 55.1% 57.4% 55.8% 49.2% 41.3% 29.5%
Assets 1 690 705.7 375.6 833.2 918.5 887.3
Book Value Per Share 2 1.500 1.640 1.790 2.280 2.380 1.790
Cash Flow per Share 2 0.9300 1.130 1.190 1.770 1.460 1.090
Capex 1 28 17.7 16.3 13.3 29.6 33.6
Capex / Sales 3.23% 1.92% 1.75% 1.47% 3.47% 4.65%
Announcement Date 3/19/18 3/26/19 3/24/20 4/6/21 3/17/22 3/31/23
1TTD in Million2TTD
Estimates
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