Financials Macpac Films Limited

Equities

MACFL

PK0080901017

Non-Paper Containers & Packaging

End-of-day quote Pakistan S.E. 23:00:00 22/05/2024 BST 5-day change 1st Jan Change
19 PKR -1.55% Intraday chart for Macpac Films Limited -0.58% -9.48%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,753 806.5 1,369 1,360 928.1 929.2
Enterprise Value (EV) 1 1,844 1,584 2,106 1,982 1,414 949.1
P/E ratio 29.7 x -3.45 x -21.8 x 7.28 x 5.04 x 2.45 x
Yield 0.68% - - - 6.39% 9.57%
Capitalization / Revenue 0.82 x 0.33 x 0.63 x 0.45 x 0.22 x 0.17 x
EV / Revenue 0.87 x 0.66 x 0.97 x 0.66 x 0.34 x 0.17 x
EV / EBITDA 9.94 x 20.8 x -23.3 x 4.74 x 3.05 x 0.94 x
EV / FCF -41.6 x -2.69 x -17.7 x -74.8 x 9.16 x 2.02 x
FCF Yield -2.4% -37.2% -5.64% -1.34% 10.9% 49.4%
Price to Book 1.94 x 1.24 x 1.13 x 0.97 x 0.59 x 0.49 x
Nbr of stocks (in thousands) 59,301 59,301 59,301 59,301 59,301 59,301
Reference price 2 29.56 13.60 23.09 22.93 15.65 15.67
Announcement Date 11/10/18 04/10/19 07/10/20 07/10/21 29/09/22 25/09/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 2,125 2,415 2,165 3,025 4,174 5,505
EBITDA 1 185.5 75.96 -90.32 417.7 463.8 1,013
EBIT 1 111.3 -19.49 -207.8 303.7 354.3 887.6
Operating Margin 5.24% -0.81% -9.6% 10.04% 8.49% 16.12%
Earnings before Tax (EBT) 1 66.08 -200.7 -161.4 274 262.6 700.7
Net income 1 54.85 -233.9 -62.86 186.7 184.2 379.2
Net margin 2.58% -9.68% -2.9% 6.17% 4.41% 6.89%
EPS 2 0.9947 -3.945 -1.060 3.148 3.107 6.395
Free Cash Flow 1 -44.31 -588.4 -118.7 -26.49 154.4 469.3
FCF margin -2.08% -24.36% -5.48% -0.88% 3.7% 8.52%
FCF Conversion (EBITDA) - - - - 33.28% 46.33%
FCF Conversion (Net income) - - - - 83.78% 123.75%
Dividend per Share 2 0.2000 - - - 1.000 1.500
Announcement Date 11/10/18 04/10/19 07/10/20 07/10/21 29/09/22 25/09/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 91.4 777 737 622 486 19.9
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.4929 x 10.23 x -8.163 x 1.489 x 1.048 x 0.0196 x
Free Cash Flow 1 -44.3 -588 -119 -26.5 154 469
ROE (net income / shareholders' equity) 7.32% -30% -6.74% 14.3% 12.4% 21.9%
ROA (Net income/ Total Assets) 3.67% -0.52% -4.75% 6.14% 6.1% 12.8%
Assets 1 1,496 45,412 1,324 3,042 3,019 2,961
Book Value Per Share 2 15.30 11.00 20.40 23.50 26.60 31.90
Cash Flow per Share 2 0.5700 0.8900 0.3100 0.2600 1.330 4.520
Capex 1 449 569 37.6 122 174 67.2
Capex / Sales 21.1% 23.57% 1.74% 4.03% 4.17% 1.22%
Announcement Date 11/10/18 04/10/19 07/10/20 07/10/21 29/09/22 25/09/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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