Financials Jamaica Producers Group Limited

Equities

JP

JMP589351007

Food Processing

End-of-day quote JAMAICA STOCK EXCHANGE 03:30:00 15/05/2024 am IST 5-day change 1st Jan Change
22.55 JMD +3.39% Intraday chart for Jamaica Producers Group Limited +2.50% +2.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 23,777 29,802 21,984 24,591 24,100 23,202
Enterprise Value (EV) 1 27,444 33,285 24,037 27,263 26,710 22,112
P/E ratio 29.1 x 24.7 x 10.1 x 13.3 x 10.5 x 1.49 x
Yield 0.53% 0.53% 0.95% 1.06% 1.31% 1.36%
Capitalization / Revenue 1.21 x 1.39 x 1.05 x 0.98 x 0.83 x 3.25 x
EV / Revenue 1.4 x 1.55 x 1.14 x 1.09 x 0.92 x 3.09 x
EV / EBITDA 6.95 x 6.64 x 5.89 x 4.63 x 5.35 x 16.5 x
EV / FCF 71.7 x 37.7 x -59.3 x 378 x 80.1 x 2.39 x
FCF Yield 1.39% 2.65% -1.69% 0.26% 1.25% 41.9%
Price to Book 1.96 x 2.15 x 1.36 x 1.37 x 1.26 x 0.63 x
Nbr of stocks (in thousands) 10,44,670 10,45,670 10,46,865 10,46,865 10,52,385 10,54,645
Reference price 2 22.76 28.50 21.00 23.49 22.90 22.00
Announcement Date 02/03/19 29/02/20 29/04/21 29/04/22 28/04/23 08/03/24
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 19,611 21,464 20,999 25,021 29,001 7,147
EBITDA 1 3,948 5,011 4,084 5,884 4,995 1,344
EBIT 1 2,785 3,841 2,742 4,583 3,669 950.7
Operating Margin 14.2% 17.9% 13.06% 18.32% 12.65% 13.3%
Earnings before Tax (EBT) 1 2,435 3,434 4,215 4,476 4,680 16,112
Net income 1 815.6 1,204 2,168 1,845 2,299 15,520
Net margin 4.16% 5.61% 10.32% 7.37% 7.93% 217.16%
EPS 2 0.7809 1.152 2.071 1.761 2.186 14.74
Free Cash Flow 1 382.6 881.9 -405.6 72.16 333.6 9,260
FCF margin 1.95% 4.11% -1.93% 0.29% 1.15% 129.56%
FCF Conversion (EBITDA) 9.69% 17.6% - 1.23% 6.68% 689.06%
FCF Conversion (Net income) 46.91% 73.23% - 3.91% 14.51% 59.66%
Dividend per Share 2 0.1200 0.1500 0.2000 0.2500 0.3000 0.3000
Announcement Date 02/03/19 29/02/20 29/04/21 29/04/22 28/04/23 08/03/24
1JMD in Million2JMD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,667 3,484 2,053 2,672 2,610 -
Net Cash position 1 - - - - - 1,090
Leverage (Debt/EBITDA) 0.9289 x 0.6952 x 0.5028 x 0.4541 x 0.5225 x -
Free Cash Flow 1 383 882 -406 72.2 334 9,260
ROE (net income / shareholders' equity) 8.35% 10.4% 12.8% 11.7% 11.4% 44%
ROA (Net income/ Total Assets) 5.14% 6.52% 4.31% 6.66% 4.97% 1.41%
Assets 1 15,871 18,477 50,311 27,701 46,278 11,03,398
Book Value Per Share 2 11.60 13.20 15.40 17.10 18.20 34.70
Cash Flow per Share 2 0.8000 1.350 1.080 1.220 1.150 0.0600
Capex 1 1,730 1,402 1,129 1,754 3,387 1,807
Capex / Sales 8.82% 6.53% 5.37% 7.01% 11.68% 25.29%
Announcement Date 02/03/19 29/02/20 29/04/21 29/04/22 28/04/23 08/03/24
1JMD in Million2JMD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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