Projected Income Statement: CLP Holdings Limited

Forecast Balance Sheet: CLP Holdings Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 44,468 42,640 49,955 54,966 52,333 50,132 48,956 47,950
Change - -4.11% 17.16% 10.03% -4.79% -4.21% -2.35% -2.05%
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1HKD in Million
Estimates

Cash Flow Forecast: CLP Holdings Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 10,448 10,586 12,431 14,553 11,776 12,819 12,630 12,429
Change - 1.32% 17.43% 17.07% -19.08% 8.86% -1.48% -1.59%
Free Cash Flow (FCF) 1 10,897 11,788 5,647 -1,819 11,791 8,892 9,573 10,680
Change - 8.18% -52.1% -132.21% -748.21% -24.58% 7.65% 11.56%
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1HKD in Million
Estimates

Forecast Financial Ratios: CLP Holdings Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 18.4% 29.14% 24.31% 9.81% 20.55% 27.76% 28.78% 28.9%
EBIT Margin (%) 8.93% 18.49% 13.22% 0.97% 10.69% 17.56% 18.34% 18.66%
EBT Margin (%) 9.97% 19.48% 13.62% 1.58% 12.21% 18.23% 19.98% 20.18%
Net margin (%) 5.43% 14.39% 10.11% 0.92% 7.63% 13.92% 14.45% 14.52%
FCF / Net Income (%) 12.72% 14.81% 6.73% -1.81% 13.53% 10.06% 10.73% 11.72%

Profitability

        
ROA 4.92% 5.03% 3.58% 1.94% 2.86% 5.35% 5.49% 5.34%
ROE 9.92% 10.16% 7.29% 4.09% 11.37% 11.91% 12.12% 11.96%

Financial Health

        
Leverage (Debt/EBITDA) 2.82x 1.84x 2.45x 5.57x 2.92x 2.04x 1.91x 1.82x
Debt / Free cash flow 4.08x 3.62x 8.85x -30.22x 4.44x 5.64x 5.11x 4.49x

Capital Intensity

        
CAPEX / Current Assets (%) 12.19% 13.3% 14.81% 14.46% 13.51% 14.51% 14.15% 13.63%
CAPEX / EBITDA (%) 66.26% 45.65% 60.91% 147.36% 65.75% 52.27% 49.18% 47.17%
CAPEX / FCF (%) 95.88% 89.8% 220.13% -800.05% 99.87% 144.15% 131.93% 116.38%

Items per share

        
Cash flow per share 1 8.449 8.856 7.155 5.04 9.328 8.544 9.186 9.376
Change - 4.82% -19.21% -29.56% 85.08% -8.41% 107.52% 102.07%
Dividend per Share 1 3.08 3.1 3.1 3.1 3.1 3.15 3.204 3.236
Change - 0.65% 0% 0% 0% 1.6% 101.73% 100.99%
Book Value Per Share 1 43.28 45.95 46.28 43.3 42.04 42.17 44.3 46.47
Change - 6.17% 0.72% -6.45% -2.9% 0.31% 105.05% 104.89%
EPS 1 1.84 4.53 3.36 0.37 2.63 4.85 5.097 5.243
Change - 146.2% -25.83% -88.99% 610.81% 84.41% 105.09% 102.87%
Nbr of stocks (in thousands) 2,526,451 2,526,451 2,526,451 2,526,451 2,526,451 2,526,451 2,526,451 2,526,451
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
65.55HKD
Average target price
70.29HKD
Spread / Average Target
+7.22%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 2 Stock
  4. Financials CLP Holdings Limited