Financials Spinneys 1961 Holding plc

Equities

SPINNEYS

AEE01377S248

Food Retail & Distribution

Market Closed - Dubai FM 11:55:04 28/06/2024 BST 5-day change 1st Jan Change
1.53 AED +3.38% Intraday chart for Spinneys 1961 Holding plc +10.87% 0.00%

Valuation

Fiscal Period: December 2024 2025 2026
Capitalization 1 5,508 - -
Enterprise Value (EV) 1 5,514 5,475 5,372
P/E ratio 21.1 x 18.9 x 17.4 x
Yield 3.42% 3.89% 4.45%
Capitalization / Revenue 1.74 x 1.52 x 1.33 x
EV / Revenue 1.74 x 1.51 x 1.3 x
EV / EBITDA 8.91 x 7.86 x 6.86 x
EV / FCF 24.1 x 21.8 x 14.8 x
FCF Yield 4.15% 4.58% 6.78%
Price to Book 29.4 x 21.1 x 16.7 x
Nbr of stocks (in thousands) 3,600,000 - -
Reference price 2 1.530 1.530 1.530
Announcement Date - - -
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025 2026
Net sales 1 - 3,163 3,624 4,131
EBITDA 1 - 619 696.2 783.2
EBIT 1 - 333.5 368.1 403.1
Operating Margin - 10.54% 10.16% 9.76%
Earnings before Tax (EBT) 1 - 281 318 364
Net income 1 256.2 261.5 290.8 315.2
Net margin - 8.27% 8.03% 7.63%
EPS 2 0.6300 0.0726 0.0808 0.0878
Free Cash Flow 1 - 229 251 364
FCF margin - 7.24% 6.93% 8.81%
FCF Conversion (EBITDA) - 36.99% 36.05% 46.47%
FCF Conversion (Net income) - 87.56% 86.3% 115.49%
Dividend per Share 2 - 0.0523 0.0595 0.0681
Announcement Date 16/04/24 - - -
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025 2026
Net Debt 1 - 6.08 - -
Net Cash position 1 - - 33.4 136
Leverage (Debt/EBITDA) - 0.009828 x - -
Free Cash Flow 1 - 229 251 364
ROE (net income / shareholders' equity) - 159% 132% 108%
ROA (Net income/ Total Assets) - - - -
Assets 1 - - - -
Book Value Per Share 2 - 0.0500 0.0700 0.0900
Cash Flow per Share 2 - 0.1700 0.2000 0.2200
Capex 1 - 177 227 200
Capex / Sales - 5.61% 6.25% 4.85%
Announcement Date 16/04/24 - - -
1AED in Million2AED
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
1.53 AED
Average target price
1.834 AED
Spread / Average Target
+19.89%
Consensus

Annual profits - Rate of surprise

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