Financials TheWorks.co.uk plc

Equities

Market Closed - London S.E. Other stock markets 11:35:04 2024-04-26 am EDT			5-day change	1st Jan Change
24.65 ^GBX	-4.27%		-8.02%	-10.69%

Mar. 19	TheWorks.co.uk Plans to Move Listing to London Bourse’s AIM	MT
Mar. 19	The Works plans switch to AIM for "efficiencies" and value boost	AN

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	74.38	19.06	37.06	35.56	19.66	15.41	-	-
Enterprise Value (EV) ¹	71.32	22.44	37.86	51.86	29.86	109.6	108.6	15.41
P/E ratio	-	-1.08 x	-16 x	4.15 x	3.74 x	-	-	-
Yield	3.03%	3.93%	-	4.22%	5.09%	5.17%	5.76%	-
Capitalization / Revenue	0.34 x	0.08 x	0.21 x	0.13 x	0.07 x	0.05 x	0.05 x	-
EV / Revenue	0.33 x	0.1 x	0.21 x	0.2 x	0.11 x	0.38 x	0.36 x	-
EV / EBITDA	5.17 x	0.66 x	8.81 x	3.12 x	3.32 x	3.45 x	3.23 x	-
EV / FCF	-1,829 x	1.49 x	1.37 x	1.12 x	1.36 x	-20 x	44.2 x	-
FCF Yield	-0.05%	67%	73.2%	89.1%	73.4%	-4.99%	2.26%	-
Price to Book	1.94 x	1.42 x	4.17 x	1.64 x	-	-22.7 x	-22.2 x	-
Nbr of stocks (in thousands)	62,500	62,500	62,500	62,500	62,500	62,500	-	-
Reference price ²	1.190	0.3050	0.5930	0.5690	0.3145	0.2465	0.2465	0.2465
Announcement Date	7/3/19	8/27/20	7/20/21	9/23/22	8/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	217.5	225	180.7	264.6	280.1	287.1	300	-
EBITDA ¹	13.8	34.23	4.3	16.6	9	31.77	33.62	-
EBIT ¹	7.772	6.887	1.891	15.3	14.48	5.352	6.825	-
Operating Margin	3.57%	3.06%	1.05%	5.78%	5.17%	1.86%	2.28%	-
Earnings before Tax (EBT)	2.325	-18	-2.801	10.16	5.006	-	-	-
Net income	1.12	-17.7	-2.299	8.722	5.271	-	-	-
Net margin	0.52%	-7.87%	-1.27%	3.3%	1.88%	-	-	-
EPS	-	-0.2830	-0.0370	0.1370	0.0840	-	-	-
Free Cash Flow ¹	-0.039	15.03	27.73	46.21	21.92	-5.467	2.454	-
FCF margin	-0.02%	6.68%	15.35%	17.46%	7.83%	-1.9%	0.82%	-
FCF Conversion (EBITDA)	-	43.92%	644.93%	278.38%	243.59%	-	7.3%	-
FCF Conversion (Net income)	-	-	-	529.82%	415.92%	-	-	-
Dividend per Share ²	0.0360	0.0120	-	0.0240	0.0160	0.0128	0.0142	-
Announcement Date	7/3/19	8/27/20	7/20/21	9/23/22	8/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	3.38	0.8	16.3	10.2	94.2	93.2	-
Net Cash position ¹	3.05	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	0.0988 x	0.186 x	0.9819 x	1.133 x	2.965 x	2.772 x	-
Free Cash Flow ¹	-0.04	15	27.7	46.2	21.9	-5.47	2.45	-
ROE (net income / shareholders' equity)	22.7%	7.34%	-20.7%	36.3%	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.6100	0.2100	0.1400	0.3500	-	-0.0100	-0.0100	-
Cash Flow per Share	0.1400	0.3800	0.4800	0.7900	-	-	-	-
Capex	8.16	-	2.4	2.95	7.3	-	-	-
Capex / Sales	3.75%	-	1.33%	1.12%	2.6%	-	-	-
Announcement Date	7/3/19	8/27/20	7/20/21	9/23/22	8/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.2465 GBP

Average target price

0.29 GBP

Spread / Average Target

+17.65%