Financials Waves Homes Appliance Limited

Equities

WAVESAPP

PK0068401014

Computer & Electronics Retailers

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.4 PKR -3.18% Intraday chart for Waves Homes Appliance Limited -3.47% -23.72%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 112.3 127 139 104.5 240.6 78.88
Enterprise Value (EV) 1 805.2 917.6 243.7 202 5,181 4,601
P/E ratio -0.4 x -0.14 x 1.52 x -54.9 x 136 x 36.4 x
Yield - - - - - -
Capitalization / Revenue 0.12 x 0.32 x 3.11 x - 0.12 x 0.01 x
EV / Revenue 0.83 x 2.32 x 5.44 x - 2.49 x 0.62 x
EV / EBITDA -6.02 x -2.73 x -2.56 x -19.8 x 14.1 x 4.77 x
EV / FCF 9.02 x -1.4 x 0.46 x -9.54 x -270 x 7.09 x
FCF Yield 11.1% -71.7% 216% -10.5% -0.37% 14.1%
Price to Book 0.26 x -0.7 x -1.87 x -1.7 x 0.52 x 0.25 x
Nbr of stocks (in thousands) 11,879 11,879 11,879 11,879 11,879 11,879
Reference price 2 9.450 10.69 11.70 8.798 20.25 6.640
Announcement Date 11/4/17 11/16/18 10/8/19 10/5/20 5/9/23 5/9/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 973.7 395.7 44.75 - 2,084 7,423
EBITDA 1 -133.7 -336.2 -95.14 -10.22 367.1 963.9
EBIT 1 -206.1 -401.9 -96.43 -11.4 225.5 729.9
Operating Margin -21.17% -101.58% -215.47% - 10.82% 9.83%
Earnings before Tax (EBT) 1 -273.1 -891.2 99.68 -1.903 82.64 137.8
Net income 1 -283.1 -898.1 91.15 -1.903 27 48.87
Net margin -29.08% -226.99% 203.68% - 1.3% 0.66%
EPS 2 -23.83 -75.60 7.673 -0.1602 0.1486 0.1824
Free Cash Flow 1 89.25 -657.6 525.8 -21.18 -19.19 649.2
FCF margin 9.17% -166.21% 1,174.97% - -0.92% 8.75%
FCF Conversion (EBITDA) - - - - - 67.35%
FCF Conversion (Net income) - - 576.88% - - 1,328.41%
Dividend per Share - - - - - -
Announcement Date 11/4/17 11/16/18 10/8/19 10/5/20 5/9/23 5/9/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 693 791 105 97.5 4,940 4,522
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -5.181 x -2.351 x -1.1 x -9.543 x 13.46 x 4.691 x
Free Cash Flow 1 89.2 -658 526 -21.2 -19.2 649
ROE (net income / shareholders' equity) -51.2% -713% -71.6% 2.81% 200% 0.69%
ROA (Net income/ Total Assets) -8.47% -21.8% -11.7% -6.35% -9.74% 2.88%
Assets 1 3,344 4,112 -782.4 29.97 -277.3 1,700
Book Value Per Share 2 36.40 -15.20 -6.250 -5.160 38.90 26.60
Cash Flow per Share 2 0.4300 0.2800 0.4800 0.2100 0 0.0200
Capex 1 5.52 9.65 3.5 - 84.9 2,421
Capex / Sales 0.57% 2.44% 7.83% - 4.08% 32.62%
Announcement Date 11/4/17 11/16/18 10/8/19 10/5/20 5/9/23 5/9/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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