Company Valuation: Cocoa Processing Company Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2019 2020 2021 2022
Market Cap 1 7.468 10.6 6.814 4.017
Change - 42% -35.74% -41.05%
Enterprise Value (EV) 1 69.2 77.53 77.13 53.89
Change - 12.04% -0.52% -30.13%
P/E -2.22x -0.57x -0.45x -0.33x
PBR -0.33x -0.28x -0.14x 0.18x
PEG - -0x 0x 0x
Capitalization / Revenue 0.26x 0.78x 0.16x 0.09x
EV / Revenue 2.43x 5.68x 1.84x 1.24x
EV / EBITDA 19.9x -37.4x -17x -23.7x
EV / EBIT -384x -9.31x -7.34x -6.5x
EV / FCF -30.9x 1.39x 48.6x -0.94x
FCF Yield -3.23% 72% 2.06% -107%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.001649 -0.009147 -0.007403 -0.005916
Distribution rate - - - -
Net sales 1 28.43 13.65 41.84 43.49
EBITDA 1 3.469 -2.072 -4.537 -2.27
EBIT 1 -0.1804 -8.325 -10.51 -8.292
Net income 1 -3.362 -18.64 -15.09 -12.06
Net Debt 1 61.73 66.93 70.32 49.87
Reference price 2 0.0037 0.0052 0.0033 0.0020
Nbr of stocks (in thousands) 20,38,074 20,38,074 20,38,074 20,38,074
Announcement Date 15/10/20 10/08/23 10/08/23 10/08/23
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.39Cr
28.69x3.62x16.7x2.01% 2.66TCr
30.99x0.67x10.28x2.62% 774.21Cr
17.54x1.66x10.44x3.08% 148.72Cr
11.39x0.83x5.9x2.6% 130.78Cr
8.25x - - 3.54% 71Cr
13.32x0.75x6.53x4.15% 43Cr
Average 18.36x 1.51x 9.97x 3% 547.34Cr
Weighted average by Cap. 27.58x 2.80x 14.64x 2.25%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Cocoa Processing Company Limited
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