Financials Hercules Site Services Plc

Equities

HERC

GB00BPVBVZ82

Construction & Engineering

Market Closed - London S.E. Other stock markets 09:05:18 04/06/2024 pm IST			5-day change	1st Jan Change
41.75 ^GBX	+1.21%		+14.38%	+73.96%

03/06	EARNINGS AND TRADING: Hercules Site Services swings to profit	AN
03/06	Earnings Flash (HERC.L) HERCULES SITE SERVICES Reports Fiscal H1 Revenue GBP48.8M	MT

Valuation

Fiscal Period: September	2022	2023	2024	2025	2026
Capitalization ¹	29.33	17.01	26.48	-	-
Enterprise Value (EV) ¹	29.33	39.8	50.06	48.21	46.78
P/E ratio	86.2 x	21.5 x	41.8 x	28.8 x	24.6 x
Yield	-	4.11%	4.23%	4.31%	4.55%
Capitalization / Revenue	0.59 x	0.2 x	0.28 x	0.26 x	0.25 x
EV / Revenue	0.59 x	0.47 x	0.53 x	0.48 x	0.44 x
EV / EBITDA	12.7 x	9.62 x	11.3 x	9.91 x	8.83 x
EV / FCF	-	11.6 x	31.3 x	15.6 x	21.3 x
FCF Yield	-	8.66%	3.2%	6.43%	4.7%
Price to Book	-	1.96 x	2.8 x	2.78 x	2.78 x
Nbr of stocks (in thousands)	58,650	62,428	63,422	-	-
Reference price ²	0.5000	0.2725	0.4175	0.4175	0.4175
Announcement Date	16/01/23	15/01/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September	2021	2022	2023	2024	2025	2026
Net sales ¹	-	49.55	84.66	95.06	100.1	106.2
EBITDA ¹	-	2.309	4.139	4.412	4.864	5.3
EBIT ¹	-	0.7057	2.368	2.381	3.026	3.2
Operating Margin	-	1.42%	2.8%	2.5%	3.02%	3.01%
Earnings before Tax (EBT) ¹	-	0.1607	0.6413	0.597	1.084	1.45
Net income ¹	-0.0562	0.3208	0.7702	0.7	0.882	1.1
Net margin	-	0.65%	0.91%	0.74%	0.88%	1.04%
EPS ²	-2.660	0.005800	0.0127	0.0100	0.0145	0.0170
Free Cash Flow ¹	-	-	3.445	1.6	3.1	2.2
FCF margin	-	-	4.07%	1.68%	3.1%	2.07%
FCF Conversion (EBITDA)	-	-	83.23%	36.26%	63.73%	41.51%
FCF Conversion (Net income)	-	-	447.32%	228.57%	351.47%	200%
Dividend per Share ²	-	-	0.0112	0.0177	0.0180	0.0190
Announcement Date	28/03/22	16/01/23	15/01/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September	2022 S2	2023 S1	2023 S2
Net sales ¹	29.59	-	47.65
EBITDA	1.659	-	-
EBIT ¹	0.919	-	2.001
Operating Margin	3.11%	-	4.2%
Earnings before Tax (EBT)	0.544	-	-
Net income	0.444	0.35	-
Net margin	1.5%	-	-
EPS ²	0.007900	0.006000	0.006700
Dividend per Share	-	-	-
Announcement Date	16/01/23	05/06/23	15/01/24

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: September	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	22.8	23.6	21.7	20.3
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	5.506 x	5.346 x	4.468 x	3.83 x
Free Cash Flow ¹	-	-	3.45	1.6	3.1	2.2
ROE (net income / shareholders' equity)	-	-	12.9%	7.5%	11.2%	11.9%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	-	0.1400	0.1500	0.1500	0.1500
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	-	0.38	0.63	0.37	0.5
Capex / Sales	-	-	0.45%	0.67%	0.37%	0.47%
Announcement Date	28/03/22	16/01/23	15/01/24	-	-	-

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

Ratings for Hercules Site Services Plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.4175 GBP

Average target price

0.6333 GBP

Spread / Average Target

+51.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Construction & Engineering

	1st Jan change	Capi.
HERCULES SITE SERVICES PLC	+73.96%	33.46M
VINCI	-0.18%	71.36B
LARSEN & TOUBRO LIMITED	-3.52%	64.46B
QUANTA SERVICES, INC.	+25.13%	39.81B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+17.88%	32.13B
FERROVIAL SE	+10.54%	28.99B
CHINA RAILWAY GROUP LIMITED	+17.43%	21.06B
WSP GLOBAL INC.	+11.17%	18.61B
EMCOR GROUP, INC.	+71.23%	17.53B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+38.79%	17.25B

Other Construction & Engineering