Financials Bashundhara Paper Mills Limited

Equities

BPML

BD0512BPML00

Paper Products

End-of-day quote Dhaka S.E. 03:30:00 27/06/2024 am IST 5-day change 1st Jan Change
53.9 BDT +0.75% Intraday chart for Bashundhara Paper Mills Limited +0.75% -11.64%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023
Capitalization 1 12,270 6,934 7,734 9,385 14,112
Enterprise Value (EV) 1 29,874 23,767 25,390 28,338 34,457
P/E ratio 42 x 24.3 x 18.8 x 18.5 x 31 x
Yield 2.12% 2.51% 2.7% 1.85% 1.35%
Capitalization / Revenue 1.11 x 0.81 x 0.83 x 0.84 x 1.07 x
EV / Revenue 2.71 x 2.78 x 2.74 x 2.52 x 2.61 x
EV / EBITDA 12.6 x 10.5 x 11.1 x 11.2 x 12.1 x
EV / FCF -7.15 x -47,007 x -17.1 x -21.9 x -23.5 x
FCF Yield -14% -0% -5.83% -4.57% -4.25%
Price to Book 1.64 x 0.9 x 0.95 x 0.72 x 1.04 x
Nbr of stocks (in thousands) 1,73,791 1,73,791 1,73,791 1,73,791 1,73,791
Reference price 2 70.60 39.90 44.50 54.00 81.20
Announcement Date 10/12/19 07/12/20 05/12/21 06/11/22 04/11/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net sales 1 10,821 11,039 8,544 9,283 11,238 13,188
EBITDA 1 2,122 2,378 2,265 2,297 2,533 2,842
EBIT 1 1,306 1,452 1,298 1,336 1,665 1,943
Operating Margin 12.07% 13.15% 15.19% 14.4% 14.81% 14.73%
Earnings before Tax (EBT) 1 494.1 477.4 449.5 404.1 667.8 667.7
Net income 1 693.6 291.8 285.8 411.2 507.8 455
Net margin 6.41% 2.64% 3.35% 4.43% 4.52% 3.45%
EPS 2 4.625 1.679 1.645 2.366 2.922 2.618
Free Cash Flow 1 -2,886 -4,178 -0.5056 -1,481 -1,296 -1,466
FCF margin -26.67% -37.84% -0.01% -15.95% -11.53% -11.11%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 2.000 1.500 1.000 1.200 1.000 1.100
Announcement Date 23/10/18 10/12/19 07/12/20 05/12/21 06/11/22 04/11/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net Debt 1 13,270 17,605 16,833 17,657 18,953 20,345
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.252 x 7.404 x 7.431 x 7.688 x 7.482 x 7.158 x
Free Cash Flow 1 -2,886 -4,178 -0.51 -1,481 -1,296 -1,466
ROE (net income / shareholders' equity) 11.2% 3.88% 3.76% 5.19% 4.74% 3.41%
ROA (Net income/ Total Assets) 3.57% 3.28% 2.79% 2.97% 3.27% 3.34%
Assets 1 19,430 8,886 10,259 13,854 15,520 13,617
Book Value Per Share 2 43.40 43.00 44.50 46.70 75.20 78.40
Cash Flow per Share 2 8.740 7.690 1.620 2.400 2.380 2.030
Capex 1 2,949 4,771 3,119 2,288 1,930 3,009
Capex / Sales 27.25% 43.22% 36.51% 24.65% 17.18% 22.82%
Announcement Date 23/10/18 10/12/19 07/12/20 05/12/21 06/11/22 04/11/23
1BDT in Million2BDT
Estimates
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