Financials Diversified Energy Company PLC

Equities

DEC

GB00BQHP5P93

Oil & Gas Exploration and Production

Market Closed - London S.E. 09:05:14 17/06/2024 pm IST 5-day change 1st Jan Change
1,084 GBX -2.61% Intraday chart for Diversified Energy Company PLC -4.66% -2.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 926.4 1,093 1,200 1,187 680.2 651.6 - -
Enterprise Value (EV) 1 1,547 1,828 2,226 2,622 1,965 1,973 1,811 1,603
P/E ratio 9.41 x -51.5 x -3.44 x -1.9 x 0.89 x -7.35 x -22.5 x 3.66 x
Yield 9.86% 9.87% 11.7% 12.3% 24.7% 12.3% 8.22% 8.22%
Capitalization / Revenue 2 x 2.67 x 1.19 x 0.62 x 0.78 x 0.73 x 0.61 x 0.6 x
EV / Revenue 3.35 x 4.47 x 2.21 x 1.37 x 2.26 x 2.22 x 1.69 x 1.48 x
EV / EBITDA 5.66 x 6.08 x 6.49 x 5.21 x 3.62 x 4.21 x 3.75 x 3.18 x
EV / FCF -8.04 x 8.32 x 8.24 x 8.69 x 8.97 x 6.36 x 5.88 x 4.93 x
FCF Yield -12.4% 12% 12.1% 11.5% 11.1% 15.7% 17% 20.3%
Price to Book 0.97 x 1.23 x 1.85 x -8.63 x 1.14 x 2.71 x 9.5 x -
Nbr of stocks (in thousands) 32,799 35,369 42,483 42,148 47,924 47,396 - -
Reference price 2 28.24 30.90 28.25 28.16 14.19 14.11 14.11 14.11
Announcement Date 09/03/20 08/03/21 22/03/22 21/03/23 19/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 462.3 408.7 1,008 1,919 868.3 889.1 1,069 1,081
EBITDA 1 273.3 300.6 343.1 503 542.8 468.3 483.2 504.5
EBIT 1 175.1 183.3 175.5 280.7 318.2 357.7 391.1 358.9
Operating Margin 37.89% 44.85% 17.42% 14.62% 36.65% 40.23% 36.58% 33.22%
Earnings before Tax (EBT) 1 131.5 -136.7 -550.9 -799.5 1,000 28.33 45.43 220.1
Net income 1 99.4 -23.47 -325.5 -625.4 758 -91.08 -29.58 184.1
Net margin 21.5% -5.74% -32.31% -32.58% 87.3% -10.24% -2.77% 17.04%
EPS 2 3.000 -0.6000 -8.200 -14.80 15.95 -1.919 -0.6274 3.856
Free Cash Flow 1 -192.4 219.8 270 301.7 219 310.4 307.8 325.5
FCF margin -41.63% 53.77% 26.8% 15.72% 25.22% 34.91% 28.79% 30.12%
FCF Conversion (EBITDA) - 73.11% 78.69% 59.98% 40.35% 66.29% 63.71% 64.53%
FCF Conversion (Net income) - - - - 28.89% - - 176.82%
Dividend per Share 2 2.784 3.050 3.300 3.450 3.500 1.730 1.161 1.161
Announcement Date 09/03/20 08/03/21 22/03/22 21/03/23 19/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 S2 2022 S1 2023 S1 2024 S1
Net sales 184.9 - - 933.5 - -
EBITDA 1 146.3 - 191.8 - 281.1 224
EBIT 1 - - - - 167.8 127
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -59.23 - - - 828.3 86
Net income 1 18.48 -83.96 - -937.4 630 65.2
Net margin 10% - - -100.42% - -
EPS 2 0.6000 -2.200 - - 13.40 1.350
Dividend per Share 2 - - - - 1.750 1.165
Announcement Date 10/08/20 05/08/21 22/03/22 08/08/22 01/09/23 -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 621 735 1,026 1,435 1,285 1,321 1,159 952
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.272 x 2.444 x 2.989 x 2.854 x 2.367 x 2.822 x 2.4 x 1.887 x
Free Cash Flow 1 -192 220 270 302 219 310 308 326
ROE (net income / shareholders' equity) - 19.2% -42.4% - 350% -22.3% -82.7% 19.5%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 29.20 25.10 15.20 -3.260 12.50 5.210 1.490 -
Cash Flow per Share 2 - 7.020 8.000 9.190 8.630 9.680 10.80 10.30
Capex 1 472 21.9 50.2 86.1 74.3 56.5 63.1 62.5
Capex / Sales 102.02% 5.37% 4.98% 4.48% 8.55% 6.35% 5.91% 5.78%
Announcement Date 09/03/20 08/03/21 22/03/22 21/03/23 19/03/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
14.11 USD
Average target price
29.23 USD
Spread / Average Target
+107.10%
Consensus
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