Financials Invicta Holdings Limited

Equities

IVT

ZAE000029773

Diversified Industrial Goods Wholesale

End-of-day quote Johannesburg S.E. 23:00:00 01/05/2024 BST 5-day change 1st Jan Change
26.3 ZAR +0.38% Intraday chart for Invicta Holdings Limited +1.15% -7.39%

Valuation

Fiscal Period: March 2019 2022 2023 2024 2025 2026
Capitalization 1 2,971 3,517 2,771 2,569 - -
Enterprise Value (EV) 1 2,971 3,517 2,771 2,977 2,634 2,248
P/E ratio - 4.53 x - 5.16 x 5.16 x 4.36 x
Yield 1.8% - - 6.05% 6.5% 7.68%
Capitalization / Revenue 0.28 x - 0.36 x 0.31 x 0.29 x 0.26 x
EV / Revenue 0.28 x - 0.36 x 0.36 x 0.29 x 0.23 x
EV / EBITDA 3.54 x - 3.19 x 3.35 x 2.74 x 2.17 x
EV / FCF - - - 13.2 x 11.2 x 7.81 x
FCF Yield - - - 7.56% 8.92% 12.8%
Price to Book - - - 0.53 x 0.49 x 0.46 x
Nbr of stocks (in thousands) 106,953 104,727 99,845 97,686 - -
Reference price 2 27.78 33.58 27.75 26.30 26.30 26.30
Announcement Date 24/06/19 27/06/22 26/06/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2022 2023 2024 2025 2026
Net sales 1 10,450 - 7,770 8,343 9,006 9,723
EBITDA 1 838.8 - 869.6 888 963 1,038
EBIT 1 699.4 - 649.3 663.5 732.9 803.3
Operating Margin 6.69% - 8.36% 7.95% 8.14% 8.26%
Earnings before Tax (EBT) 1 - - - 761 769 893
Net income 1 - 882.9 - 469 505 597
Net margin - - - 5.62% 5.61% 6.14%
EPS 2 - 7.410 - 5.100 5.100 6.030
Free Cash Flow 1 - - - 225 235 288
FCF margin - - - 2.7% 2.61% 2.96%
FCF Conversion (EBITDA) - - - 25.34% 24.4% 27.75%
FCF Conversion (Net income) - - - 47.97% 46.53% 48.24%
Dividend per Share 2 0.5000 - - 1.590 1.710 2.020
Announcement Date 24/06/19 27/06/22 26/06/23 - - -
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2022 2023 2024 2025 2026
Net Debt 1 - - - 408 65 -
Net Cash position 1 - - - - - 321
Leverage (Debt/EBITDA) - - - 0.4595 x 0.0675 x -
Free Cash Flow 1 - - - 225 235 288
ROE (net income / shareholders' equity) 4.42% - - - - -
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 - - - 50.00 53.40 57.20
Cash Flow per Share - - - - - -
Capex 1 210 - - 228 230 235
Capex / Sales 2.01% - - 2.73% 2.55% 2.42%
Announcement Date 24/06/19 27/06/22 26/06/23 - - -
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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