Financials Bolan Castings Limited

Equities

BCL

PK0029701015

Auto, Truck & Motorcycle Parts

End-of-day quote Pakistan S.E. 03:30:00 09/05/2024 am IST 5-day change 1st Jan Change
160.7 PKR +2.06% Intraday chart for Bolan Castings Limited +14.33% +228.57%

Valuation

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Capitalization 1 1,338 427.9 553.3 1,447 571.6 378.6
Enterprise Value (EV) 1 1,546 1,023 1,064 1,853 997.8 704.2
P/E ratio 10 x -1.79 x -2.04 x 10.9 x 37.3 x -15.3 x
Yield 2.14% - - - - -
Capitalization / Revenue 0.58 x 0.28 x 0.42 x 0.6 x 0.21 x 0.17 x
EV / Revenue 0.67 x 0.68 x 0.8 x 0.77 x 0.36 x 0.33 x
EV / EBITDA 7.14 x -4.35 x -6.74 x 7.5 x 7.92 x 5.86 x
EV / FCF -24 x -4.28 x 5.59 x 12.6 x -1,080 x 6.01 x
FCF Yield -4.17% -23.4% 17.9% 7.91% -0.09% 16.6%
Price to Book 2.09 x 1.12 x 5.86 x 6.97 x 2.5 x 1.89 x
Nbr of stocks (in thousands) 11,473 11,473 11,473 11,473 11,473 11,473
Reference price 2 116.6 37.30 48.23 126.1 49.82 33.00
Announcement Date 02/10/18 01/10/19 07/10/20 05/10/21 03/10/22 05/10/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net sales 1 2,300 1,514 1,333 2,419 2,750 2,165
EBITDA 1 216.5 -235 -158 247 126 120.2
EBIT 1 192.8 -263.1 -185.2 222.8 102.9 100
Operating Margin 8.38% -17.38% -13.9% 9.21% 3.74% 4.62%
Earnings before Tax (EBT) 1 184.4 -310.1 -259.6 171.1 54.72 27.49
Net income 1 133.4 -239 -271.7 132.4 15.32 -24.73
Net margin 5.8% -15.79% -20.39% 5.47% 0.56% -1.14%
EPS 2 11.63 -20.83 -23.68 11.54 1.335 -2.155
Free Cash Flow 1 -64.51 -239 190.4 146.6 -0.9236 117.1
FCF margin -2.81% -15.79% 14.29% 6.06% -0.03% 5.41%
FCF Conversion (EBITDA) - - - 59.35% - 97.42%
FCF Conversion (Net income) - - - 110.74% - -
Dividend per Share 2 2.500 - - - - -
Announcement Date 02/10/18 01/10/19 07/10/20 05/10/21 03/10/22 05/10/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 208 595 511 407 426 326
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9594 x -2.532 x -3.234 x 1.646 x 3.383 x 2.708 x
Free Cash Flow 1 -64.5 -239 190 147 -0.92 117
ROE (net income / shareholders' equity) 22% -46.8% -114% 87.7% 7.02% -11.5%
ROA (Net income/ Total Assets) 12.3% -14.7% -10.9% 14.3% 5.96% 6.02%
Assets 1 1,080 1,627 2,482 924.4 257.2 -410.9
Book Value Per Share 2 55.70 33.30 8.230 18.10 19.90 17.40
Cash Flow per Share 2 1.800 1.120 0.5600 5.120 7.120 2.620
Capex 1 76.9 61.2 2.4 6.16 10.5 6.84
Capex / Sales 3.34% 4.04% 0.18% 0.25% 0.38% 0.32%
Announcement Date 02/10/18 01/10/19 07/10/20 05/10/21 03/10/22 05/10/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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