FOCUSRITE PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 365 GBX | -1.35% |
|
+3.11% | -38.14% |
| 25/04 | EARNINGS: LSL starts 2024 "strongly"; Focusrite maintains payout | AN |
| 25/04 | Earnings Flash (TUNE.L) FOCUSRITE Reports Fiscal H1 Revenue GBP76.9M | MT |
Valuation
| Fiscal Period: August | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 263.7 | 444.5 | 1,014 | 484.5 | 303.7 | 213.8 | - | - |
| Enterprise Value (EV) 1 | 248.8 | 441.2 | 996.8 | 484.8 | 305 | 223 | 215.9 | 208.5 |
| P/E ratio | 22.9 x | 110 x | 36.2 x | 19.7 x | 17.2 x | 27.7 x | 23.6 x | 19.9 x |
| Yield | 0.83% | 0.55% | 0.3% | 0.72% | 1.27% | 1.66% | 1.8% | 1.92% |
| Capitalization / Revenue | 3.11 x | 3.42 x | 5.83 x | 2.64 x | 1.7 x | 1.38 x | 1.33 x | 1.27 x |
| EV / Revenue | 2.94 x | 3.39 x | 5.73 x | 2.64 x | 1.71 x | 1.43 x | 1.34 x | 1.24 x |
| EV / EBITDA | 14.5 x | 15.4 x | 21 x | 11.6 x | 7.91 x | 8.17 x | 7.53 x | 6.75 x |
| EV / FCF | -46.4 x | 16.3 x | 26.7 x | 112 x | 25.5 x | 19.6 x | 14.5 x | 13.3 x |
| FCF Yield | -2.16% | 6.12% | 3.75% | 0.89% | 3.91% | 5.11% | 6.9% | 7.53% |
| Price to Book | - | 7.86 x | 12.1 x | 4.64 x | 2.59 x | 1.77 x | 1.69 x | 1.61 x |
| Nbr of stocks (in thousands) | 57,316 | 57,729 | 58,133 | 58,374 | 58,410 | 58,587 | - | - |
| Reference price 2 | 4.600 | 7.700 | 17.45 | 8.300 | 5.200 | 3.650 | 3.650 | 3.650 |
| Announcement Date | 19/11/19 | 17/11/20 | 16/11/21 | 08/12/22 | 28/11/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: August | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 84.66 | 130.1 | 173.9 | 183.7 | 178.5 | 155.5 | 161.3 | 168.5 |
| EBITDA 1 | 17.2 | 28.56 | 47.55 | 41.66 | 38.57 | 27.28 | 28.68 | 30.86 |
| EBIT 1 | 12.81 | 23 | 41.4 | 34.7 | 30.4 | 19.95 | 21.28 | 23 |
| Operating Margin | 15.13% | 17.67% | 23.8% | 18.89% | 17.03% | 12.83% | 13.19% | 13.65% |
| Earnings before Tax (EBT) 1 | 13.01 | 7.025 | 35.04 | 30.55 | 22.75 | 11.13 | 12.83 | 15.27 |
| Net income 1 | 11.66 | 4.091 | 28.28 | 24.78 | 17.8 | 7.9 | 9.1 | 11 |
| Net margin | 13.78% | 3.14% | 16.26% | 13.48% | 9.97% | 5.08% | 5.64% | 6.53% |
| EPS 2 | 0.2010 | 0.0700 | 0.4820 | 0.4210 | 0.3020 | 0.1318 | 0.1549 | 0.1833 |
| Free Cash Flow 1 | -5.363 | 27 | 37.39 | 4.323 | 11.94 | 11.4 | 14.9 | 15.7 |
| FCF margin | -6.33% | 20.74% | 21.5% | 2.35% | 6.69% | 7.33% | 9.24% | 9.32% |
| FCF Conversion (EBITDA) | - | 94.51% | 78.64% | 10.38% | 30.96% | 41.79% | 51.95% | 50.87% |
| FCF Conversion (Net income) | - | 659.89% | 132.22% | 17.45% | 67.1% | 144.3% | 163.74% | 142.73% |
| Dividend per Share 2 | 0.0380 | 0.0420 | 0.0520 | 0.0600 | 0.0660 | 0.0605 | 0.0657 | 0.0702 |
| Announcement Date | 19/11/19 | 17/11/20 | 16/11/21 | 08/12/22 | 28/11/23 | - | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: August | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 0.3 | 1.3 | 9.13 | 2.07 | - |
| Net Cash position 1 | 14.9 | 3.33 | 17.6 | - | - | - | - | 5.39 |
| Leverage (Debt/EBITDA) | - | - | - | 0.007201 x | 0.0337 x | 0.3347 x | 0.0721 x | - |
| Free Cash Flow 1 | -5.36 | 27 | 37.4 | 4.32 | 11.9 | 11.4 | 14.9 | 15.7 |
| ROE (net income / shareholders' equity) | - | 34.8% | 40% | 26.1% | 15.5% | 10.8% | 11.7% | 12.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 0.9800 | 1.440 | 1.790 | 2.010 | 2.060 | 2.150 | 2.270 |
| Cash Flow per Share 2 | 0.2400 | 0.6300 | 0.6600 | 0.1400 | 0.4500 | 0.2700 | 0.4300 | 0.4400 |
| Capex 1 | 5.02 | 9.62 | 1.13 | - | 14.4 | 11.3 | 11.8 | 12 |
| Capex / Sales | 5.93% | 7.39% | 0.65% | - | 8.06% | 7.24% | 7.32% | 7.09% |
| Announcement Date | 19/11/19 | 17/11/20 | 16/11/21 | 08/12/22 | 28/11/23 | - | - | - |
1GBP in Million2GBP
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-
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3.65
GBP
Average target price
5.032
GBP
Spread / Average Target
+37.88%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -38.14% | 271M | |
| -36.84% | 201M | |
| -1.70% | 158M |
- Stock Market
- Equities
- TUNE Stock
- Financials Focusrite plc
