Financials Fletcher Building Limited OTC Markets

Equities

FRCEF

NZFBUE0001S0

Construction Supplies & Fixtures

Market Closed - OTC Markets 07:58:49 22/05/2024 pm IST 5-day change 1st Jan Change
1.782 USD -0.19% Intraday chart for Fletcher Building Limited -.--% -39.19%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,125 3,040 6,152 3,923 4,217 2,199 - -
Enterprise Value (EV) 1 4,450 5,448 8,040 6,267 5,655 4,972 4,868 4,646
P/E ratio 25.3 x -15.7 x 20.7 x 10 x 18.1 x -289 x 10.7 x 8.24 x
Yield 4.74% - 3.99% 7.94% 6.27% 0.13% 2.13% 7.02%
Capitalization / Revenue 0.44 x 0.42 x 0.76 x 0.46 x 0.5 x 0.27 x 0.28 x 0.27 x
EV / Revenue 0.48 x 0.75 x 0.99 x 0.74 x 0.67 x 0.61 x 0.62 x 0.57 x
EV / EBITDA 5.36 x 10.3 x 7.79 x 5.67 x 4.89 x 5.61 x 5.49 x 4.75 x
EV / FCF -22.8 x 32 x 12.2 x 32.5 x -19.7 x -1,071 x 19 x 17.6 x
FCF Yield -4.38% 3.12% 8.18% 3.08% -5.07% -0.09% 5.25% 5.69%
Price to Book 1 x 0.87 x 1.64 x 1.05 x 1.15 x 0.64 x 0.61 x 0.58 x
Nbr of stocks (in thousands) 8,50,528 8,21,683 8,18,121 7,78,470 7,78,087 7,76,903 - -
Reference price 2 4.850 3.700 7.520 5.040 5.420 2.830 2.830 2.830
Announcement Date 20/08/19 18/08/20 17/08/21 16/08/22 15/08/23 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,307 7,309 8,120 8,498 8,469 8,153 7,881 8,209
EBITDA 1 830 530 1,032 1,106 1,156 886 887 978.4
EBIT 1 631 160 669 756 798 506.9 513.5 597.6
Operating Margin 6.78% 2.19% 8.24% 8.9% 9.42% 6.22% 6.52% 7.28%
Earnings before Tax (EBT) 1 279 -265 433 598 343 190.5 308.1 399.9
Net income 1 164 -196 305 432 235 -27.17 209.8 280.2
Net margin 1.76% -2.68% 3.76% 5.08% 2.77% -0.33% 2.66% 3.41%
EPS 2 0.1920 -0.2350 0.3640 0.5030 0.3000 -0.009780 0.2656 0.3434
Free Cash Flow 1 -195 170 658 193 -287 -4.642 255.8 264.4
FCF margin -2.1% 2.33% 8.1% 2.27% -3.39% -0.06% 3.25% 3.22%
FCF Conversion (EBITDA) - 32.08% 63.76% 17.45% - - 28.83% 27.02%
FCF Conversion (Net income) - - 215.74% 44.68% - - 121.91% 94.36%
Dividend per Share 2 0.2300 - 0.3000 0.4000 0.3400 0.003800 0.0603 0.1986
Announcement Date 20/08/19 18/08/20 17/08/21 16/08/22 15/08/23 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1
Net sales 1 3,961 3,348 3,987 4,133 4,064 4,434 4,284 4,185 4,248 4,033 4,052 4,168 4,331
EBITDA 1 402 128 503 529 499 607 540 616 455 440.7 436 487 -
EBIT 1 219 -59 323 346 332 424 360 438 264 241.7 225.3 264.6 250.9
Operating Margin 5.53% -1.76% 8.1% 8.37% 8.17% 9.56% 8.4% 10.47% 6.21% 5.99% 5.56% 6.35% 5.79%
Earnings before Tax (EBT) 1 - - - - - 361 137 - -138 145 118 150 -
Net income 1 - - - - - 261 92 - -120 99 75 102 -
Net margin - - - - - 5.89% 2.15% - -2.82% 2.45% 1.85% 2.45% -
EPS 2 - - - - - 0.2980 - - -0.1530 0.1230 0.1050 0.1350 0.1400
Dividend per Share 2 0.1100 - 0.1200 0.1800 0.1800 0.2200 0.1800 0.1600 - - - - -
Announcement Date 19/02/20 18/08/20 16/02/21 17/08/21 15/02/22 16/08/22 14/02/23 15/08/23 13/02/24 - - - -
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 325 2,408 1,888 2,344 1,438 2,774 2,669 2,447
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.3916 x 4.543 x 1.829 x 2.119 x 1.244 x 3.131 x 3.01 x 2.501 x
Free Cash Flow 1 -195 170 658 193 -287 -4.64 256 264
ROE (net income / shareholders' equity) 8.8% 0.1% 11.4% 13% 12.2% 5.97% 5.7% 7.41%
ROA (Net income/ Total Assets) 4.52% -2.38% 4.92% 5.9% 5.17% 3.08% 2.44% 3.64%
Assets 1 3,632 8,244 6,199 7,317 4,550 -883.1 8,615 7,705
Book Value Per Share 2 4.870 4.260 4.600 4.820 4.700 4.420 4.650 4.880
Cash Flow per Share 2 0.1600 0.4900 1.030 0.6700 0.4600 0.4400 0.6800 0.7800
Capex 1 348 240 231 399 445 383 342 378
Capex / Sales 3.74% 3.28% 2.84% 4.7% 5.25% 4.7% 4.34% 4.61%
Announcement Date 20/08/19 18/08/20 17/08/21 16/08/22 15/08/23 - - -
1NZD in Million2NZD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
2.83 NZD
Average target price
3.851 NZD
Spread / Average Target
+36.08%
Consensus
  1. Stock Market
  2. Equities
  3. FBU Stock
  4. FRCEF Stock
  5. Financials Fletcher Building Limited