Financials Associated Commercial Company Limited

Equities

ACC.I0000

MU0053I00002

Auto, Truck & Motorcycle Parts

End-of-day quote Mauritius S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
199 MUR 0.00% Intraday chart for Associated Commercial Company Limited 0.00% 0.00%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023
Capitalization 1 203.4 200 196.6 193.2 197.7
Enterprise Value (EV) 1 151.4 140.2 118.8 149.3 168.8
P/E ratio 4.36 x 8.46 x 4.83 x 2.7 x 2.71 x
Yield 2.36% 1.71% 1.74% 2.49% 2.6%
Capitalization / Revenue 0.74 x 0.83 x 0.73 x 0.41 x 0.41 x
EV / Revenue 0.55 x 0.58 x 0.44 x 0.32 x 0.35 x
EV / EBITDA 5.91 x 7.54 x 4.8 x 2.7 x 2.66 x
EV / FCF 4.84 x 16.6 x 8.59 x -3.43 x -6.17 x
FCF Yield 20.7% 6.03% 11.6% -29.2% -16.2%
Price to Book 0.49 x 0.48 x 0.43 x 0.36 x 0.34 x
Nbr of stocks (in thousands) 1,143 1,143 1,143 1,143 1,143
Reference price 2 178.0 175.0 172.0 169.0 173.0
Announcement Date 30/09/20 30/09/20 30/09/21 28/09/22 28/11/23
1MUR in Million2MUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023
Net sales 1 273.3 240.8 268.9 471.6 485.6
EBITDA 1 25.61 18.61 24.73 55.35 63.43
EBIT 1 22.82 15.97 22.08 52.5 61
Operating Margin 8.35% 6.63% 8.21% 11.13% 12.56%
Earnings before Tax (EBT) 1 49.38 30.15 44.31 80.02 83.21
Net income 1 46.63 23.63 40.72 71.64 72.97
Net margin 17.06% 9.81% 15.15% 15.19% 15.03%
EPS 2 40.80 20.67 35.63 62.68 63.84
Free Cash Flow 1 31.28 8.449 13.83 -43.56 -27.38
FCF margin 11.44% 3.51% 5.15% -9.24% -5.64%
FCF Conversion (EBITDA) 122.14% 45.41% 55.93% - -
FCF Conversion (Net income) 67.08% 35.76% 33.97% - -
Dividend per Share 2 4.200 3.000 3.000 4.200 4.500
Announcement Date 30/09/20 30/09/20 30/09/21 28/09/22 28/11/23
1MUR in Million2MUR
Estimates

Balance Sheet Analysis

Fiscal Period: Juni 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 52.1 59.8 77.8 43.9 28.9
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 31.3 8.45 13.8 -43.6 -27.4
ROE (net income / shareholders' equity) 11.8% 5.67% 9.27% 14.4% 13%
ROA (Net income/ Total Assets) 3.23% 2.2% 2.74% 5.53% 5.73%
Assets 1 1,442 1,072 1,488 1,295 1,274
Book Value Per Share 2 363.0 366.0 403.0 466.0 514.0
Cash Flow per Share 2 60.00 68.50 132.0 77.60 93.40
Capex 1 2.84 0.38 2.49 69.4 3.75
Capex / Sales 1.04% 0.16% 0.93% 14.71% 0.77%
Announcement Date 30/09/20 30/09/20 30/09/21 28/09/22 28/11/23
1MUR in Million2MUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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