Financials Evince Textiles Limited

Equities

ETL

BD0472ETL007

Apparel & Accessories

End-of-day quote Dhaka S.E. 23:00:00 23/06/2024 BST 5-day change 1st Jan Change
11.2 BDT +7.69% Intraday chart for Evince Textiles Limited +7.69% -11.81%

Valuation

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Capitalization 1 3,254 2,265 2,154 1,429 1,884 1,756
Enterprise Value (EV) 1 5,040 4,055 4,125 3,472 4,116 4,466
P/E ratio 17.7 x 13.5 x 12.8 x 40.2 x 7,384 x -79.1 x
Yield - - 1.47% - 1.94% 2.08%
Capitalization / Revenue 1.4 x 0.94 x 0.88 x 0.73 x 1.17 x 0.68 x
EV / Revenue 2.17 x 1.68 x 1.69 x 1.77 x 2.57 x 1.74 x
EV / EBITDA 9.06 x 7.68 x 7.21 x 9.35 x 14.3 x 10.1 x
EV / FCF -21.5 x -91.4 x -17.2 x -75.1 x -23.1 x -11.6 x
FCF Yield -4.66% -1.09% -5.82% -1.33% -4.32% -8.65%
Price to Book 1.53 x 0.99 x 0.89 x 0.61 x 0.79 x 0.75 x
Nbr of stocks (in thousands) 182,952 182,952 182,952 182,952 182,952 182,952
Reference price 2 17.79 12.38 11.77 7.810 10.30 9.600
Announcement Date 10/10/17 08/10/18 13/10/19 30/11/20 01/12/21 13/11/22
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Net sales 1 2,327 2,411 2,443 1,962 1,604 2,569
EBITDA 1 556.1 528.3 572 371.3 288 441.5
EBIT 1 411.2 389.3 399 213.7 134.3 226.8
Operating Margin 17.67% 16.15% 16.33% 10.89% 8.37% 8.83%
Earnings before Tax (EBT) 1 233.5 208 209.8 46.3 1.924 3.685
Net income 1 184.3 167.5 168.9 35.51 0.2552 -22.2
Net margin 7.92% 6.95% 6.91% 1.81% 0.02% -0.86%
EPS 2 1.008 0.9155 0.9230 0.1941 0.001395 -0.1213
Free Cash Flow 1 -234.7 -44.35 -239.9 -46.26 -177.8 -386.1
FCF margin -10.09% -1.84% -9.82% -2.36% -11.09% -15.03%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.1732 - 0.2000 0.2000
Announcement Date 10/10/17 08/10/18 13/10/19 30/11/20 01/12/21 13/11/22
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Net Debt 1 1,786 1,790 1,971 2,043 2,231 2,710
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.211 x 3.388 x 3.445 x 5.502 x 7.748 x 6.137 x
Free Cash Flow 1 -235 -44.3 -240 -46.3 -178 -386
ROE (net income / shareholders' equity) 8.85% 7.62% 7.18% 1.53% -0.05% -1.14%
ROA (Net income/ Total Assets) 6.3% 5.7% 5.5% 2.79% 1.7% 2.71%
Assets 1 2,925 2,940 3,068 1,273 15.04 -817.8
Book Value Per Share 2 11.60 12.50 13.30 12.90 13.10 12.80
Cash Flow per Share 2 0.2000 0.0400 0.0400 0.1700 0.1200 0.1900
Capex 1 434 283 406 405 329 124
Capex / Sales 18.63% 11.75% 16.62% 20.65% 20.51% 4.83%
Announcement Date 10/10/17 08/10/18 13/10/19 30/11/20 01/12/21 13/11/22
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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