Financials Société Libanaise des Ciments Blancs S.A.L.

Equities

CBN

LB0000012726

Construction Materials

End-of-day quote Beirut S.E. 23:00:00 21/01/2024 GMT 5-day change 1st Jan Change
21.5 USD +8.59% Intraday chart for Société Libanaise des Ciments Blancs S.A.L. -.--% -2.27%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 30,486 34,609 35,233 55,608 49.5 155,840
Enterprise Value (EV) 1 25,250 32,967 30,909 50,174 -6,008 141,047
P/E ratio 4.55 x 3.97 x 11.3 x 28.9 x 0 x 4.81 x
Yield 21.8% 13% - - - -
Capitalization / Revenue 1.5 x 1.75 x 2.44 x 4.48 x 0 x 1.03 x
EV / Revenue 1.25 x 1.66 x 2.14 x 4.04 x -0.14 x 0.93 x
EV / EBITDA 3.17 x 4.13 x 10.6 x 21.4 x -0.41 x 4.91 x
EV / FCF 6.37 x 58.8 x 5.69 x 197 x 2.5 x -22.5 x
FCF Yield 15.7% 1.7% 17.6% 0.51% 40% -4.45%
Price to Book 1.06 x 1.12 x 1.19 x 1.75 x 0 x 2.09 x
Nbr of stocks (in thousands) 9,000 9,000 9,000 9,000 9,000 9,000
Reference price 2 3,387 3,845 3,915 6,179 5.500 17,316
Announcement Date 26/06/18 12/06/19 10/12/20 30/07/21 08/09/22 27/07/23
1LBP in Million2LBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 20,276 19,807 14,425 12,410 42,199 151,639
EBITDA 1 7,970 7,983 2,929 2,350 14,759 28,717
EBIT 1 7,301 7,273 2,167 1,582 13,901 27,407
Operating Margin 36.01% 36.72% 15.02% 12.74% 32.94% 18.07%
Earnings before Tax (EBT) 1 7,915 10,050 3,449 2,321 14,222 38,965
Net income 1 6,701 8,725 3,109 1,921 11,792 32,400
Net margin 33.05% 44.05% 21.56% 15.48% 27.94% 21.37%
EPS 2 744.5 969.4 345.5 213.5 1,310 3,600
Free Cash Flow 1 3,966 560.5 5,434 254.4 -2,403 -6,278
FCF margin 19.56% 2.83% 37.67% 2.05% -5.69% -4.14%
FCF Conversion (EBITDA) 49.75% 7.02% 185.55% 10.83% - -
FCF Conversion (Net income) 59.18% 6.42% 174.76% 13.24% - -
Dividend per Share 2 740.0 500.0 - - - -
Announcement Date 26/06/18 12/06/19 10/12/20 30/07/21 08/09/22 27/07/23
1LBP in Million2LBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 5,236 1,642 4,324 5,434 6,058 14,793
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 3,966 560 5,434 254 -2,403 -6,278
ROE (net income / shareholders' equity) 23.4% 29.2% 10.2% 6.24% 31.8% 55.5%
ROA (Net income/ Total Assets) 11.8% 11.7% 3.55% 2.62% 16.6% 13.7%
Assets 1 56,699 74,685 87,657 73,424 71,072 236,621
Book Value Per Share 2 3,188 3,444 3,300 3,536 4,707 8,272
Cash Flow per Share 2 582.0 186.0 480.0 604.0 673.0 1,644
Capex 1 868 1,486 970 - 7,527 17,204
Capex / Sales 4.28% 7.5% 6.73% - 17.84% 11.35%
Announcement Date 26/06/18 12/06/19 10/12/20 30/07/21 08/09/22 27/07/23
1LBP in Million2LBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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