ADAIRS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.11 AUD | -0.94% |
|
+0.96% | +16.57% |
| 12/03 | Adairs Chair to Step Down | MT |
| 26/02 | Adairs Reports 7% Decline in H1 FY24 Revenue, EPS of AU$0.101 | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 233.9 | 383.8 | 710.1 | 338.3 | 233.6 | 368.6 | - | - |
| Enterprise Value (EV) 1 | 242.1 | 384.8 | 684.2 | 432.2 | 487.6 | 623.8 | 599.5 | 590.7 |
| P/E ratio | 7.88 x | 11 x | 11.5 x | 7.63 x | 6.16 x | 10.9 x | 9.21 x | 7.57 x |
| Yield | 10.3% | 4.85% | 5.48% | 9.11% | 5.93% | 5.5% | 7.29% | 9.21% |
| Capitalization / Revenue | 0.68 x | 0.99 x | 1.42 x | 0.6 x | 0.38 x | 0.63 x | 0.59 x | 0.54 x |
| EV / Revenue | 0.7 x | 0.99 x | 1.37 x | 0.77 x | 0.78 x | 1.06 x | 0.95 x | 0.87 x |
| EV / EBITDA | 4.74 x | 6.22 x | 4.34 x | 3.38 x | 4.15 x | 5.09 x | 4.44 x | 3.98 x |
| EV / FCF | 8.63 x | 4.29 x | 6.48 x | 8.29 x | 5.08 x | 8.96 x | 7.02 x | 6.54 x |
| FCF Yield | 11.6% | 23.3% | 15.4% | 12.1% | 19.7% | 11.2% | 14.2% | 15.3% |
| Price to Book | 1.98 x | 2.73 x | 4.31 x | 1.7 x | 1.16 x | 1.64 x | 1.51 x | 1.38 x |
| Nbr of stocks (in thousands) | 1,65,875 | 1,69,077 | 1,69,077 | 1,71,316 | 1,73,051 | 1,74,683 | - | - |
| Reference price 2 | 1.410 | 2.270 | 4.200 | 1.975 | 1.350 | 2.110 | 2.110 | 2.110 |
| Announcement Date | 25/08/19 | 09/08/20 | 19/08/21 | 21/08/22 | 20/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 344.4 | 388.9 | 499.8 | 564.5 | 621.3 | 589.7 | 628.9 | 679.4 |
| EBITDA 1 | 51.1 | 61.9 | 157.6 | 127.7 | 117.6 | 122.5 | 135 | 148.6 |
| EBIT 1 | 43.4 | 54 | 109.1 | 76.38 | 63.89 | 60.57 | 68.96 | 80.63 |
| Operating Margin | 12.6% | 13.88% | 21.82% | 13.53% | 10.28% | 10.27% | 10.97% | 11.87% |
| Earnings before Tax (EBT) 1 | 42.29 | 52.79 | 95.29 | 64.61 | 54.2 | 47.28 | 58.45 | 70.47 |
| Net income 1 | 29.6 | 35.28 | 63.74 | 44.89 | 37.84 | 33.71 | 39.74 | 48.48 |
| Net margin | 8.59% | 9.07% | 12.75% | 7.95% | 6.09% | 5.72% | 6.32% | 7.14% |
| EPS 2 | 0.1790 | 0.2070 | 0.3650 | 0.2590 | 0.2190 | 0.1934 | 0.2291 | 0.2786 |
| Free Cash Flow 1 | 28.06 | 89.78 | 105.5 | 52.16 | 96.07 | 69.66 | 85.37 | 90.32 |
| FCF margin | 8.15% | 23.08% | 21.11% | 9.24% | 15.46% | 11.81% | 13.58% | 13.29% |
| FCF Conversion (EBITDA) | 54.91% | 145.03% | 66.96% | 40.85% | 81.71% | 56.87% | 63.25% | 60.79% |
| FCF Conversion (Net income) | 94.79% | 254.46% | 165.55% | 116.2% | 253.88% | 206.63% | 214.81% | 186.29% |
| Dividend per Share 2 | 0.1450 | 0.1100 | 0.2300 | 0.1800 | 0.0800 | 0.1160 | 0.1539 | 0.1943 |
| Announcement Date | 25/08/19 | 09/08/20 | 19/08/21 | 21/08/22 | 20/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 180.3 | 208.7 | 243 | 256.8 | 229.3 | 335.2 | 324.2 | 297.1 | 302.4 | 291.6 |
| EBITDA 1 | 27 | 36.5 | 65.1 | 73.8 | - | - | 64.29 | - | 36.2 | 53.2 |
| EBIT 1 | 23.2 | 32.5 | 60.2 | 48.87 | 32.9 | 43.48 | 35.49 | - | 30.9 | 27.3 |
| Operating Margin | 12.87% | 15.58% | 24.77% | 19.03% | 14.35% | 12.97% | 10.95% | - | 10.22% | 9.36% |
| Earnings before Tax (EBT) | 19.95 | 32.84 | 63 | 32.29 | - | - | - | - | - | - |
| Net income | 13.16 | 22.12 | 43.9 | 19.84 | - | - | 21.78 | - | - | - |
| Net margin | 7.3% | 10.6% | 18.07% | 7.73% | - | - | 6.72% | - | - | - |
| EPS | 0.0780 | 0.1290 | 0.2590 | 0.1060 | - | - | 0.1260 | - | - | - |
| Dividend per Share | 0.0700 | - | 0.1300 | 0.1000 | - | 0.1000 | - | 0.0800 | - | - |
| Announcement Date | 20/02/20 | 09/08/20 | 15/02/21 | 19/08/21 | 20/02/22 | 21/08/22 | 19/02/23 | 20/08/23 | 25/02/24 | - |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 8.2 | 1.01 | - | 93.8 | 254 | 255 | 231 | 222 |
| Net Cash position 1 | - | - | 26 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.1605 x | 0.0162 x | - | 0.7348 x | 2.16 x | 2.084 x | 1.711 x | 1.495 x |
| Free Cash Flow 1 | 28.1 | 89.8 | 106 | 52.2 | 96.1 | 69.7 | 85.4 | 90.3 |
| ROE (net income / shareholders' equity) | 25.3% | 27.3% | 41.8% | 24.8% | 20.1% | 15.8% | 16.9% | 18.9% |
| ROA (Net income/ Total Assets) | 14.1% | 11.9% | 15.9% | 8.61% | 6.57% | 6.38% | 7.17% | 8.38% |
| Assets 1 | 210.1 | 296.1 | 401.9 | 521.1 | 576.2 | 528.7 | 554.6 | 578.3 |
| Book Value Per Share 2 | 0.7100 | 0.8300 | 0.9700 | 1.160 | 1.170 | 1.290 | 1.400 | 1.520 |
| Cash Flow per Share 2 | 0.2100 | 0.5700 | 0.6700 | 0.3500 | 0.6300 | 0.5300 | 0.5700 | 0.6200 |
| Capex 1 | 7 | 7.53 | 11.3 | 9.01 | 12.3 | 32.5 | 15.9 | 15.6 |
| Capex / Sales | 2.03% | 1.94% | 2.27% | 1.6% | 1.98% | 5.51% | 2.53% | 2.3% |
| Announcement Date | 25/08/19 | 09/08/20 | 19/08/21 | 21/08/22 | 20/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
2.11
AUD
Average target price
2.148
AUD
Spread / Average Target
+1.78%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +16.57% | 240M | |
| +39.84% | 18.13B | |
| +15.57% | 15.67B | |
| -14.60% | 4.56B | |
| -9.39% | 2.5B | |
| +15.86% | 1.93B | |
| +24.72% | 1.13B | |
| +30.16% | 879M | |
| +28.65% | 837M | |
| -0.45% | 588M |
- Stock Market
- Equities
- ADH Stock
- Financials Adairs Limited
