Financials Bairaha Farms PLC

Equities

BFL.N0000

LK0229N00001

Fishing & Farming

End-of-day quote Colombo S.E. 03:30:00 06/05/2024 am IST 5-day change 1st Jan Change
179.2 LKR -0.14% Intraday chart for Bairaha Farms PLC -0.97% -3.37%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 2,154 1,837 1,259 2,204 2,420 2,552
Enterprise Value (EV) 1 2,261 1,853 1,705 2,432 2,365 4,285
P/E ratio 5.32 x 4.45 x -6.42 x 6.35 x 3.16 x 9.01 x
Yield 4.46% 6.97% - 2.18% 5.95% 2.76%
Capitalization / Revenue 0.51 x 0.39 x 0.29 x 0.44 x 0.36 x 0.22 x
EV / Revenue 0.54 x 0.39 x 0.39 x 0.48 x 0.35 x 0.36 x
EV / EBITDA 3.08 x 2.48 x 9.86 x 5.13 x 2.74 x 7.01 x
EV / FCF -5.68 x 31.7 x -7.42 x 24 x -4.17 x -1.24 x
FCF Yield -17.6% 3.15% -13.5% 4.16% -24% -80.8%
Price to Book 0.6 x 0.48 x 0.34 x 0.54 x 0.51 x 0.49 x
Nbr of stocks (in thousands) 17,600 17,600 17,600 17,600 17,600 17,600
Reference price 2 122.4 104.4 71.55 125.2 137.5 145.0
Announcement Date 03/08/18 30/08/19 07/10/20 31/08/21 07/06/22 23/06/23
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 4,215 4,724 4,361 5,057 6,742 11,799
EBITDA 1 733.7 748.2 172.9 473.6 863.9 611.2
EBIT 1 551.7 543.7 -59.56 250.4 658.7 366.7
Operating Margin 13.09% 11.51% -1.37% 4.95% 9.77% 3.11%
Earnings before Tax (EBT) 1 499.7 510.1 -193.3 359 793.8 468.3
Net income 1 404.5 412.9 -196.1 347.2 765.3 283.1
Net margin 9.6% 8.74% -4.5% 6.87% 11.35% 2.4%
EPS 2 22.98 23.46 -11.14 19.73 43.49 16.09
Free Cash Flow 1 -398 58.38 -229.7 101.2 -566.9 -3,463
FCF margin -9.44% 1.24% -5.27% 2% -8.41% -29.35%
FCF Conversion (EBITDA) - 7.8% - 21.37% - -
FCF Conversion (Net income) - 14.14% - 29.16% - -
Dividend per Share 2 5.454 7.273 - 2.727 8.182 4.000
Announcement Date 03/08/18 30/08/19 07/10/20 31/08/21 07/06/22 23/06/23
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 107 16.5 445 228 - 1,733
Net Cash position 1 - - - - 55 -
Leverage (Debt/EBITDA) 0.1465 x 0.022 x 2.575 x 0.4805 x - 2.835 x
Free Cash Flow 1 -398 58.4 -230 101 -567 -3,463
ROE (net income / shareholders' equity) 11.8% 11.1% -5.19% 8.89% 17.2% 5.67%
ROA (Net income/ Total Assets) 7.68% 7.09% -0.74% 3.02% 7.17% 3.11%
Assets 1 5,267 5,826 26,401 11,483 10,681 9,092
Book Value Per Share 2 202.0 220.0 210.0 234.0 272.0 296.0
Cash Flow per Share 2 24.90 24.40 9.020 13.50 30.80 13.60
Capex 1 742 287 343 155 1,068 2,402
Capex / Sales 17.6% 6.08% 7.86% 3.06% 15.84% 20.36%
Announcement Date 03/08/18 30/08/19 07/10/20 31/08/21 07/06/22 23/06/23
1LKR in Million2LKR
Estimates
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