Financials B.P. Marsh & Partners PLC

Equities

BPM

GB00B0XLRJ79

Investment Management & Fund Operators

Market Closed - London S.E. 09:05:22 24/06/2024 pm IST 5-day change 1st Jan Change
520 GBX +0.97% Intraday chart for B.P. Marsh & Partners PLC +0.97% +14.29%

Valuation

Fiscal Period: January 2018 2019 2020 2021 2022 2023
Capitalization 1 74.19 106.7 97.52 100.9 132.9 124.3
Enterprise Value (EV) 1 71.54 98.84 98.1 102.3 117.1 112.9
P/E ratio 3.67 x 7.59 x 7.49 x 7.07 x 7.51 x 5.22 x
Yield 1.87% 1.66% 0.85% 0.9% 0.78% 0.84%
Capitalization / Revenue 3.61 x 6.61 x 5.84 x 5.79 x 5.46 x 3.84 x
EV / Revenue 3.48 x 6.12 x 5.88 x 5.87 x 4.81 x 3.49 x
EV / EBITDA 4.32 x 8.18 x 7.59 x 7.38 x 5.74 x 4.1 x
EV / FCF 1.89 x 17.6 x 16.5 x 10.6 x 8.97 x 6.53 x
FCF Yield 52.9% 5.68% 6.04% 9.45% 11.1% 15.3%
Price to Book 0.75 x 0.85 x 0.71 x 0.67 x 0.8 x 0.66 x
Nbr of stocks (in thousands) 29,209 37,305 37,364 37,379 37,425 37,427
Reference price 2 2.540 2.860 2.610 2.700 3.550 3.320
Announcement Date 26/06/18 24/06/19 26/06/20 21/06/21 01/07/22 12/06/23
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January 2018 2019 2020 2021 2022 2023
Net sales 1 20.58 16.14 16.7 17.42 24.34 32.38
EBITDA 1 16.56 12.09 12.92 13.86 20.4 27.52
EBIT 1 16.53 12.06 12.88 13.82 20.37 27.49
Operating Margin 80.33% 74.71% 77.18% 79.36% 83.69% 84.9%
Earnings before Tax (EBT) 1 16.52 12.24 12.27 13.74 19.4 27.59
Net income 1 20.25 12.47 12.53 13.72 17.48 23.84
Net margin 98.41% 77.26% 75.05% 78.77% 71.84% 73.64%
EPS 2 0.6930 0.3770 0.3486 0.3817 0.4730 0.6360
Free Cash Flow 1 37.88 5.616 5.929 9.664 13.05 17.29
FCF margin 184.08% 34.79% 35.51% 55.49% 53.62% 53.4%
FCF Conversion (EBITDA) 228.77% 46.46% 45.9% 69.74% 63.97% 62.83%
FCF Conversion (Net income) 187.06% 45.04% 47.32% 70.44% 74.64% 72.51%
Dividend per Share 2 0.0476 0.0476 0.0222 0.0244 0.0278 0.0278
Announcement Date 26/06/18 24/06/19 26/06/20 21/06/21 01/07/22 12/06/23
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January 2023 S1 2024 S1
Net sales 1 - 18.68
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 14.1 -
Net margin - -
EPS 0.3760 -
Dividend per Share - -
Announcement Date 18/10/22 17/10/23
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: January 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 0.59 1.39 - -
Net Cash position 1 2.65 7.86 - - 15.8 11.4
Leverage (Debt/EBITDA) - - 0.0453 x 0.1002 x - -
Free Cash Flow 1 37.9 5.62 5.93 9.66 13.1 17.3
ROE (net income / shareholders' equity) 22.7% 11.1% 9.53% 9.57% 11% 13.4%
ROA (Net income/ Total Assets) 10.9% 6.59% 6.01% 5.91% 7.85% 9.32%
Assets 1 186.1 189.4 208.4 232 222.6 256
Book Value Per Share 2 3.390 3.370 3.660 4.010 4.450 5.060
Cash Flow per Share 2 0.0900 0.2100 0.0200 0.0200 0.2300 0.3100
Capex 1 0.18 0.02 0.03 0.01 0.01 0.01
Capex / Sales 0.87% 0.12% 0.16% 0.03% 0.02% 0.03%
Announcement Date 26/06/18 24/06/19 26/06/20 21/06/21 01/07/22 12/06/23
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
5.2 GBP
Average target price
5.78 GBP
Spread / Average Target
+11.15%
Consensus

Annual profits - Rate of surprise

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