Financials Expert Systems Holdings Limited

Equities

8319

KYG3313K1040

IT Services & Consulting

Market Closed - Hong Kong S.E. 01:38:22 10/05/2024 pm IST 5-day change 1st Jan Change
0.11 HKD 0.00% Intraday chart for Expert Systems Holdings Limited +2.80% +6.80%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 114.4 92 55.2 96.8 92.38 82.74
Enterprise Value (EV) 1 18.37 -7.074 -32.94 -49.46 -42.05 -39.86
P/E ratio 16.6 x 8.56 x 5.16 x 4.46 x 6.6 x 5.14 x
Yield - 3.65% 6.52% 7.44% 6.7% 9.71%
Capitalization / Revenue 0.34 x 0.21 x 0.12 x 0.18 x 0.14 x 0.09 x
EV / Revenue 0.05 x -0.02 x -0.07 x -0.09 x -0.06 x -0.04 x
EV / EBITDA 2.41 x -0.56 x -2.57 x -2.46 x -1.48 x -1.3 x
EV / FCF -3.39 x -22.2 x 10.7 x -1.01 x -0.51 x 19.6 x
FCF Yield -29.5% -4.5% 9.38% -99.2% -196% 5.09%
Price to Book 1.35 x 0.96 x 0.53 x 0.79 x 0.61 x 0.5 x
Nbr of stocks (in thousands) 8,00,000 8,00,000 8,00,000 8,00,000 8,03,280 8,03,280
Reference price 2 0.1430 0.1150 0.0690 0.1210 0.1150 0.1030
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 27/06/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 337.2 432.5 467.3 533.9 682.2 886.5
EBITDA 1 7.609 12.74 12.82 20.12 28.32 30.74
EBIT 1 6.999 11.9 12 19.37 25.33 25.74
Operating Margin 2.08% 2.75% 2.57% 3.63% 3.71% 2.9%
Earnings before Tax (EBT) 1 7.933 12.7 12.78 25.05 21.81 28.04
Net income 1 6.889 10.75 10.7 21.72 15.22 19.65
Net margin 2.04% 2.49% 2.29% 4.07% 2.23% 2.22%
EPS 2 0.008611 0.0134 0.0134 0.0272 0.0174 0.0200
Free Cash Flow 1 -5.422 0.318 -3.091 49.07 82.31 -2.029
FCF margin -1.61% 0.07% -0.66% 9.19% 12.07% -0.23%
FCF Conversion (EBITDA) - 2.5% - 243.85% 290.68% -
FCF Conversion (Net income) - 2.96% - 225.94% 540.93% -
Dividend per Share - 0.004200 0.004500 0.009000 0.007700 0.0100
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 27/06/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 96 99.1 88.1 146 134 123
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -5.42 0.32 -3.09 49.1 82.3 -2.03
ROE (net income / shareholders' equity) 8.45% 11.9% 10.7% 19.3% 11.5% 12.7%
ROA (Net income/ Total Assets) 2.54% 3.75% 3.46% 5.06% 3.97% 3.11%
Assets 1 270.8 286.6 308.8 429.2 383.5 632
Book Value Per Share 2 0.1100 0.1200 0.1300 0.1500 0.1900 0.2000
Cash Flow per Share 2 0.1200 0.1200 0.1200 0.1900 0.2000 0.2400
Capex 1 1.92 0.26 0.58 0.21 1.35 2.36
Capex / Sales 0.57% 0.06% 0.12% 0.04% 0.2% 0.27%
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 27/06/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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