Financials Legend Upstar Holdings Limited

Equities

459

KYG6103P1182

Real Estate Services

Delayed Hong Kong S.E. 04:59:35 22/05/2024 BST 5-day change 1st Jan Change
0.1 HKD 0.00% Intraday chart for Legend Upstar Holdings Limited -4.76% +6.38%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 373.7 198.6 182.3 234.7 184.1 169.7
Enterprise Value (EV) 1 97.22 14.6 42.91 400.9 461.1 360
P/E ratio 8.29 x -10.2 x -25.1 x 4.83 x -49.9 x -230 x
Yield - - - - - -
Capitalization / Revenue 0.59 x 0.45 x 0.53 x 0.43 x 0.41 x 0.43 x
EV / Revenue 0.15 x 0.03 x 0.13 x 0.74 x 1.02 x 0.91 x
EV / EBITDA 1.04 x 0.45 x -19.5 x 5.61 x 22.8 x 7.64 x
EV / FCF 2.42 x 1.17 x -0.97 x -2.82 x -24.3 x 7.87 x
FCF Yield 41.4% 85.6% -104% -35.5% -4.11% 12.7%
Price to Book 0.34 x 0.18 x 0.17 x 0.21 x 0.16 x 0.15 x
Nbr of stocks (in thousands) 1,805,283 1,805,283 1,805,283 1,805,283 1,805,283 1,805,283
Reference price 2 0.2070 0.1100 0.1010 0.1300 0.1020 0.0940
Announcement Date 26/04/19 27/04/20 28/04/21 28/04/22 27/04/23 25/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 628.8 442.1 342.7 541.5 450.1 397.4
EBITDA 1 93.04 32.55 -2.196 71.51 20.25 47.14
EBIT 1 89.84 29.27 -4.809 69.77 16.46 41.86
Operating Margin 14.29% 6.62% -1.4% 12.88% 3.66% 10.53%
Earnings before Tax (EBT) 1 60.4 -20.44 -9.549 62.61 -2.244 5.946
Net income 1 48.15 -19.5 -7.275 49.84 -3.689 -0.733
Net margin 7.66% -4.41% -2.12% 9.2% -0.82% -0.18%
EPS 2 0.0250 -0.0108 -0.004029 0.0269 -0.002043 -0.000409
Free Cash Flow 1 40.24 12.49 -44.47 -142.2 -18.96 45.73
FCF margin 6.4% 2.83% -12.98% -26.26% -4.21% 11.51%
FCF Conversion (EBITDA) 43.25% 38.38% - - - 97.02%
FCF Conversion (Net income) 83.58% - - - - -
Dividend per Share - - - - - -
Announcement Date 26/04/19 27/04/20 28/04/21 28/04/22 27/04/23 25/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 166 277 190
Net Cash position 1 276 184 139 - - -
Leverage (Debt/EBITDA) - - - 2.324 x 13.67 x 4.038 x
Free Cash Flow 1 40.2 12.5 -44.5 -142 -19 45.7
ROE (net income / shareholders' equity) 4.41% -1.77% -0.74% 4.48% -0.32% -0.15%
ROA (Net income/ Total Assets) 3.51% 1.12% -0.19% 2.56% 0.57% 1.49%
Assets 1 1,373 -1,744 3,897 1,944 -648 -49.2
Book Value Per Share 2 0.6200 0.6000 0.6000 0.6300 0.6300 0.6300
Cash Flow per Share 2 0.3300 0.3000 0.2600 0.1600 0.1200 0.1200
Capex 1 5.72 1.42 0.88 31.2 8.45 3.94
Capex / Sales 0.91% 0.32% 0.26% 5.76% 1.88% 0.99%
Announcement Date 26/04/19 27/04/20 28/04/21 28/04/22 27/04/23 25/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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