Financials Hipgnosis Songs Fund Limited

Equities

SONG

GG00BFYT9H72

Investment Management & Fund Operators

Market Closed - London S.E. 16:35:21 21/06/2024 BST 5-day change 1st Jan Change
103.2 GBX +0.58% Intraday chart for Hipgnosis Songs Fund Limited +1.38% +43.33%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 283.5 786.8 1,857 1,923 1,208
Enterprise Value (EV) 2 175 828.8 2,310 2,487 1,764
P/E ratio 100 x 20.8 x 36.7 x -96 x -13.5 x
Yield 1.93% 3.91% 4.13% 4.35% 6.5%
Capitalization / Revenue 29.9 x 12 x 13.4 x 11.4 x 8.2 x
EV / Revenue 18.5 x 12.6 x 16.7 x 14.8 x 12 x
EV / EBITDA 33.3 x 14.7 x 20.7 x 18.8 x 22.9 x
EV / FCF - 84,287,091 x -2,206,812 x -9,287,010 x 19,836,228 x
FCF Yield - 0% -0% -0% 0%
Price to Book 1.43 x 1.27 x 1.27 x 1.22 x 0.84 x
Nbr of stocks (in thousands) 202,177 615,852 1,073,440 1,211,214 1,209,214
Reference price 3 1.402 1.278 1.730 1.588 0.9990
Announcement Date 24/06/19 03/07/20 12/07/21 14/07/22 12/07/23
1USD in Million2GBP in Million3USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023
Net sales 1 9.482 65.68 138.4 168.3 147.2
EBITDA 1 5.255 56.26 111.7 132.1 77.18
EBIT 1 3.465 37.8 43.81 25.6 -35.05
Operating Margin 36.54% 57.55% 31.66% 15.21% -23.81%
Earnings before Tax (EBT) 1 3.59 32.67 44.54 -16.7 -86.63
Net income 1 2.831 25.19 38.94 -19.44 -89.64
Net margin 29.86% 38.36% 28.13% -11.55% -60.88%
EPS 2 0.0140 0.0614 0.0472 -0.0165 -0.0741
Free Cash Flow - 9.833 -1,047 -267.8 88.91
FCF margin - 14.97% -756.4% -159.09% 60.39%
FCF Conversion (EBITDA) - 17.48% - - 115.19%
FCF Conversion (Net income) - 39.03% - - -
Dividend per Share 2 0.0270 0.0500 0.0715 0.0690 0.0650
Announcement Date 24/06/19 03/07/20 12/07/21 14/07/22 12/07/23
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023
Net Debt 1 - 42 453 564 556
Net Cash position 1 108 - - - -
Leverage (Debt/EBITDA) - 0.7462 x 4.058 x 4.269 x 7.199 x
Free Cash Flow - 9.83 -1,047 -268 88.9
ROE (net income / shareholders' equity) - 6.14% 3.43% -1.28% -5.94%
ROA (Net income/ Total Assets) - 4.95% 1.81% 0.74% -1.01%
Assets 1 - 508.6 2,154 -2,622 8,861
Book Value Per Share 2 0.9800 1.010 1.360 1.310 1.190
Cash Flow per Share 2 0.5400 0.0200 0.1000 0.0200 0.0300
Capex - - - - -
Capex / Sales - - - - -
Announcement Date 24/06/19 03/07/20 12/07/21 14/07/22 12/07/23
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
1.032
Average target price
-
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SONG Stock
  4. Financials Hipgnosis Songs Fund Limited