Financials Shinepukur Ceramics Limited

Equities

SPCERAMICS

BD0633SPKCR2

Appliances, Tools & Housewares

End-of-day quote Dhaka S.E. 23:00:00 01/05/2024 BST 5-day change 1st Jan Change
41.4 BDT +3.50% Intraday chart for Shinepukur Ceramics Limited +8.66% -3.72%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,454 1,969 1,176 3,792 7,613 6,320
Enterprise Value (EV) 1 3,788 3,308 2,381 5,031 8,803 7,332
P/E ratio 39.9 x 31.4 x 37.2 x 81.8 x 131 x 106 x
Yield - - 2.5% 0.97% 0.58% 0.7%
Capitalization / Revenue 1.61 x 1.28 x 0.98 x 2.72 x 4.42 x 3.07 x
EV / Revenue 2.48 x 2.16 x 1.98 x 3.61 x 5.11 x 3.56 x
EV / EBITDA 11.7 x 9.38 x 11 x 19.9 x 30.9 x 25.6 x
EV / FCF 179 x 106 x 22.1 x -240 x -81.2 x 33.6 x
FCF Yield 0.56% 0.94% 4.53% -0.42% -1.23% 2.97%
Price to Book 0.58 x 0.46 x 0.28 x 0.84 x 1.64 x 1.37 x
Nbr of stocks (in thousands) 146,966 146,966 146,966 146,966 146,966 146,966
Reference price 2 16.70 13.40 8.000 25.80 51.80 43.00
Announcement Date 11/12/18 28/10/19 05/12/20 21/10/21 27/10/22 10/12/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 1,529 1,533 1,205 1,394 1,723 2,059
EBITDA 1 324.3 352.5 216.4 253 285.2 286.4
EBIT 1 232.2 225.1 91.16 132.1 166.7 172.3
Operating Margin 15.19% 14.68% 7.56% 9.48% 9.68% 8.37%
Earnings before Tax (EBT) 1 81.4 92.48 11.3 54.6 100.3 112.8
Net income 1 61.55 62.71 31.59 46.38 57.98 59.69
Net margin 4.03% 4.09% 2.62% 3.33% 3.37% 2.9%
EPS 2 0.4188 0.4267 0.2150 0.3156 0.3945 0.4062
Free Cash Flow 1 21.21 31.11 107.9 -20.92 -108.4 217.9
FCF margin 1.39% 2.03% 8.95% -1.5% -6.29% 10.58%
FCF Conversion (EBITDA) 6.54% 8.82% 49.84% - - 76.08%
FCF Conversion (Net income) 34.45% 49.6% 341.38% - - 365.04%
Dividend per Share - - 0.2000 0.2500 0.3000 0.3000
Announcement Date 11/12/18 28/10/19 05/12/20 21/10/21 27/10/22 10/12/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 1,333 1,339 1,205 1,239 1,190 1,013
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.112 x 3.798 x 5.568 x 4.897 x 4.173 x 3.536 x
Free Cash Flow 1 21.2 31.1 108 -20.9 -108 218
ROE (net income / shareholders' equity) 1.47% 1.48% 0.74% 1.06% 1.27% 1.29%
ROA (Net income/ Total Assets) 2.24% 2.14% 0.87% 1.27% 1.61% 1.71%
Assets 1 2,743 2,928 3,615 3,645 3,595 3,487
Book Value Per Share 2 28.70 29.00 29.10 30.60 31.50 31.40
Cash Flow per Share 2 0.0700 0.1700 0.0500 0.1800 0.1600 0.1700
Capex 1 8.54 13.8 1.82 19.9 61.4 17.6
Capex / Sales 0.56% 0.9% 0.15% 1.43% 3.56% 0.85%
Announcement Date 11/12/18 28/10/19 05/12/20 21/10/21 27/10/22 10/12/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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