Financials Pacific Online Systems Corporation

Equities

LOTO

PHY6624V1071

Casinos & Gaming

End-of-day quote Philippines S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
5.15 PHP +7.52% Intraday chart for Pacific Online Systems Corporation +7.97% +4.04%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,220 2,112 1,783 1,538 1,394 4,182
Enterprise Value (EV) 1 3,538 1,852 1,548 1,384 1,090 4,209
P/E ratio 14 x -6.61 x -4.71 x -11 x 7.29 x 15.3 x
Yield - - - - 6.06% 2.02%
Capitalization / Revenue 2.18 x 2.13 x 5.97 x 3.61 x 2.69 x 6.95 x
EV / Revenue 1.83 x 1.87 x 5.18 x 3.25 x 2.1 x 7 x
EV / EBITDA 4.73 x -8.95 x -3.81 x -29.4 x 5.63 x 16.5 x
EV / FCF 8.48 x -15.7 x -29.4 x -14.6 x 6.18 x -11.2 x
FCF Yield 11.8% -6.35% -3.4% -6.83% 16.2% -8.96%
Price to Book 2.41 x 1.61 x 2.07 x 2.14 x 1.49 x 3.57 x
Nbr of stocks (in thousands) 844,868 844,864 844,864 844,864 844,864 844,864
Reference price 2 4.995 2.500 2.110 1.820 1.650 4.950
Announcement Date 01/03/19 28/02/20 16/04/21 28/03/22 12/04/23 29/02/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,936 989.9 298.5 426.3 519.1 601.6
EBITDA 1 748.1 -207 -406.5 -47.15 193.7 255.7
EBIT 1 524.9 -380.2 -495.1 -117.8 175.7 216.7
Operating Margin 27.11% -38.41% -165.84% -27.63% 33.86% 36.03%
Earnings before Tax (EBT) 1 482.9 -395.4 -474.2 -90.61 215.1 331.7
Net income 1 302.7 -319.4 -378.5 -140.3 191.1 272.7
Net margin 15.63% -32.27% -126.79% -32.9% 36.82% 45.33%
EPS 2 0.3579 -0.3781 -0.4480 -0.1660 0.2262 0.3228
Free Cash Flow 1 417 -117.6 -52.67 -94.6 176.4 -377
FCF margin 21.54% -11.88% -17.64% -22.19% 33.98% -62.67%
FCF Conversion (EBITDA) 55.74% - - - 91.06% -
FCF Conversion (Net income) 137.79% - - - 92.28% -
Dividend per Share - - - - 0.1000 0.1000
Announcement Date 01/03/19 28/02/20 16/04/21 28/03/22 12/04/23 29/02/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 27.1
Net Cash position 1 682 260 235 153 304 -
Leverage (Debt/EBITDA) - - - - - 0.1061 x
Free Cash Flow 1 417 -118 -52.7 -94.6 176 -377
ROE (net income / shareholders' equity) 16.1% -20.9% -38.7% -17.8% 23.1% 26%
ROA (Net income/ Total Assets) 13.9% -12.5% -22% -7.52% 11.1% 8.98%
Assets 1 2,185 2,564 1,722 1,866 1,715 3,038
Book Value Per Share 2 2.080 1.550 1.020 0.8500 1.110 1.390
Cash Flow per Share 2 0.6800 0.4000 0.1900 0.1200 0.3600 0.4100
Capex 1 45.7 29.5 90.8 12.1 0.04 533
Capex / Sales 2.36% 2.98% 30.43% 2.84% 0.01% 88.66%
Announcement Date 01/03/19 28/02/20 16/04/21 28/03/22 12/04/23 29/02/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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