Financials Evergreen Products Group Limited

Equities

1962

KYG322541072

Personal Products

Market Closed - Hong Kong S.E. 01:38:10 26/06/2024 pm IST 5-day change 1st Jan Change
0.47 HKD 0.00% Intraday chart for Evergreen Products Group Limited +1.08% -9.62%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 959.4 1,031 1,077 789 411.6 340.9
Enterprise Value (EV) 1 1,577 1,779 1,797 1,402 905.8 873.9
P/E ratio 8.67 x 11.1 x -64.8 x 14.6 x 6.21 x 6.92 x
Yield 4.29% 1.92% - 2.09% 9% 13.7%
Capitalization / Revenue 1.31 x 1.33 x 1.21 x 0.65 x 0.37 x 0.35 x
EV / Revenue 2.15 x 2.29 x 2.02 x 1.16 x 0.82 x 0.89 x
EV / EBITDA 10.9 x 12.7 x 34.8 x 11.9 x 6.15 x 6.84 x
EV / FCF -10.7 x -9.36 x 110 x 15.5 x 6.33 x 39 x
FCF Yield -9.3% -10.7% 0.91% 6.47% 15.8% 2.57%
Price to Book 1.35 x 1.19 x 1.23 x 0.86 x 0.46 x 0.4 x
Nbr of stocks (in thousands) 6,15,000 6,61,082 6,86,082 6,86,082 6,86,082 6,55,652
Reference price 2 1.560 1.560 1.570 1.150 0.6000 0.5200
Announcement Date 11/04/19 08/04/20 08/04/21 06/04/22 11/04/23 08/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 732.2 777.4 890.2 1,207 1,100 979.2
EBITDA 1 144.1 140.4 51.63 117.9 147.4 127.7
EBIT 1 116.7 101.9 13.37 81.62 92.11 81.06
Operating Margin 15.94% 13.1% 1.5% 6.76% 8.37% 8.28%
Earnings before Tax (EBT) 1 111 86.79 -17.35 62.3 62.25 54.79
Net income 1 111 90.33 -16.18 54.07 66.29 51.01
Net margin 15.16% 11.62% -1.82% 4.48% 6.02% 5.21%
EPS 2 0.1800 0.1400 -0.0242 0.0788 0.0966 0.0752
Free Cash Flow 1 -146.7 -190.1 16.33 90.65 143.2 22.43
FCF margin -20.04% -24.45% 1.83% 7.51% 13.01% 2.29%
FCF Conversion (EBITDA) - - 31.63% 76.9% 97.14% 17.57%
FCF Conversion (Net income) - - - 167.66% 215.97% 43.97%
Dividend per Share 2 0.0670 0.0300 - 0.0240 0.0540 0.0710
Announcement Date 11/04/19 08/04/20 08/04/21 06/04/22 11/04/23 08/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 617 747 720 613 494 533
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.286 x 5.322 x 13.95 x 5.196 x 3.353 x 4.174 x
Free Cash Flow 1 -147 -190 16.3 90.6 143 22.4
ROE (net income / shareholders' equity) 16% 10.9% -2.07% 6.36% 6.44% 5.56%
ROA (Net income/ Total Assets) 5.39% 3.98% 0.48% 2.94% 3.5% 3.16%
Assets 1 2,060 2,267 -3,366 1,841 1,892 1,612
Book Value Per Share 2 1.160 1.310 1.270 1.340 1.310 1.300
Cash Flow per Share 2 0.1100 0.0500 0.1000 0.1000 0.1100 0.1400
Capex 1 192 179 22.7 25.6 26.8 27.2
Capex / Sales 26.18% 23.08% 2.55% 2.12% 2.43% 2.78%
Announcement Date 11/04/19 08/04/20 08/04/21 06/04/22 11/04/23 08/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.47 HKD
Average target price
1.75 HKD
Spread / Average Target
+272.34%
Consensus

Annual profits - Rate of surprise

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