Financials Asian Energy Services Limited

Equities

ASIANENE

INE276G01015

Oil Related Services and Equipment

Market Closed - Bombay S.E. 03:30:47 15/05/2024 pm IST 5-day change 1st Jan Change
298.2 INR +1.72% Intraday chart for Asian Energy Services Limited -2.44% +10.28%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,353 2,465 2,627 3,440 4,348 4,140
Enterprise Value (EV) 1 6,530 2,535 2,036 3,242 3,927 3,951
P/E ratio 51.4 x 27.1 x 8.95 x 15.3 x 11.1 x -9.33 x
Yield - - - - - -
Capitalization / Revenue 2.86 x 1.27 x 0.96 x 1.5 x 1.67 x 3.77 x
EV / Revenue 2.94 x 1.31 x 0.75 x 1.42 x 1.51 x 3.59 x
EV / EBITDA 16.3 x 7.83 x 3.1 x 6.06 x 6.05 x -19.1 x
EV / FCF -43.7 x -21.5 x 2.28 x -11.7 x -15.5 x 70.8 x
FCF Yield -2.29% -4.66% 43.8% -8.56% -6.45% 1.41%
Price to Book 5.07 x 1.62 x 1.43 x 1.69 x 1.78 x 2.08 x
Nbr of stocks (in thousands) 33,974 38,074 38,074 37,694 38,074 37,694
Reference price 2 187.0 64.75 69.00 91.25 114.2 109.8
Announcement Date 01/08/18 21/08/19 18/08/20 03/09/21 02/09/22 04/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,222 1,939 2,730 2,288 2,605 1,100
EBITDA 1 399.6 323.6 656.1 535.5 649 -207.3
EBIT 1 236.9 137.4 479.6 321.5 391.3 -406.6
Operating Margin 10.66% 7.09% 17.57% 14.05% 15.02% -36.98%
Earnings before Tax (EBT) 1 105 91.82 406.4 245.1 406.7 -445.6
Net income 1 103 91.01 292.4 225.7 388.1 -443.6
Net margin 4.64% 4.69% 10.71% 9.87% 14.9% -40.34%
EPS 2 3.640 2.390 7.710 5.980 10.25 -11.77
Free Cash Flow 1 -149.3 -118.1 891.8 -277.4 -253.3 55.82
FCF margin -6.72% -6.09% 32.66% -12.12% -9.73% 5.08%
FCF Conversion (EBITDA) - - 135.93% - - -
FCF Conversion (Net income) - - 305.04% - - -
Dividend per Share - - - - - -
Announcement Date 01/08/18 21/08/19 18/08/20 03/09/21 02/09/22 04/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 177 69.9 - - - -
Net Cash position 1 - - 591 197 421 189
Leverage (Debt/EBITDA) 0.4423 x 0.2161 x - - - -
Free Cash Flow 1 -149 -118 892 -277 -253 55.8
ROE (net income / shareholders' equity) 9.27% 6.22% 17.5% 11.7% 17.4% -20.1%
ROA (Net income/ Total Assets) 6.41% 3.65% 11.4% 6.14% 7.13% -8%
Assets 1 1,606 2,496 2,566 3,674 5,445 5,542
Book Value Per Share 2 36.90 39.90 48.10 54.00 64.10 52.90
Cash Flow per Share 2 2.160 0.7800 16.40 3.210 7.420 4.580
Capex 1 162 235 142 366 423 12.9
Capex / Sales 7.31% 12.15% 5.2% 16.01% 16.26% 1.18%
Announcement Date 01/08/18 21/08/19 18/08/20 03/09/21 02/09/22 04/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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