Financials Leather Up Limited

Equities

LEUL

PK0066101012

Apparel & Accessories

End-of-day quote Pakistan S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
15.49 PKR +8.02% Intraday chart for Leather Up Limited +18.79% +45.45%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 112.2 66.12 66.06 108.3 81.06 61.74
Enterprise Value (EV) 1 118.5 65.49 64.41 106.8 80.12 58.99
P/E ratio 2.48 x -7.74 x -76.8 x -1.85 x -5.6 x -18.8 x
Yield - - - - - -
Capitalization / Revenue 2.17 x 1.38 x 2.41 x 6.39 x 3.01 x 2.27 x
EV / Revenue 2.29 x 1.36 x 2.35 x 6.3 x 2.97 x 2.17 x
EV / EBITDA -11.9 x -11.9 x -28.6 x -1.81 x -32.4 x -15.6 x
EV / FCF -2.13 x 6.06 x 54.7 x 4.82 x 6.65 x 15 x
FCF Yield -46.9% 16.5% 1.83% 20.7% 15% 6.65%
Price to Book 1.06 x 0.68 x 0.68 x 2.86 x 3.56 x 3.12 x
Nbr of stocks (in thousands) 6,000 6,000 6,000 6,000 6,000 6,000
Reference price 2 18.70 11.02 11.01 18.05 13.51 10.29
Announcement Date 08/10/18 07/10/19 07/10/20 11/02/22 03/10/22 28/02/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 51.7 48.02 27.42 16.96 26.95 27.16
EBITDA 1 -9.955 -5.507 -2.253 -58.91 -2.475 -3.787
EBIT 1 -10.28 -5.797 -2.513 -59.15 -2.681 -3.971
Operating Margin -19.88% -12.07% -9.17% -348.71% -9.95% -14.62%
Earnings before Tax (EBT) 1 45.67 -8.077 -0.5794 -58.51 -14.26 -2.926
Net income 1 45.23 -8.539 -0.8602 -58.68 -14.48 -3.288
Net margin 87.49% -17.79% -3.14% -345.96% -53.72% -12.11%
EPS 2 7.539 -1.423 -0.1434 -9.780 -2.413 -0.5480
Free Cash Flow 1 -55.58 10.82 1.177 22.16 12.05 3.922
FCF margin -107.5% 22.53% 4.29% 130.63% 44.7% 14.44%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 08/10/18 07/10/19 07/10/20 11/02/22 03/10/22 28/02/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 6.28 - - - - -
Net Cash position 1 - 0.63 1.65 1.48 0.94 2.75
Leverage (Debt/EBITDA) -0.6307 x - - - - -
Free Cash Flow 1 -55.6 10.8 1.18 22.2 12 3.92
ROE (net income / shareholders' equity) 55% -8.44% -0.89% -87.9% -47.8% -15.5%
ROA (Net income/ Total Assets) -4.18% -2.54% -1.48% -49.4% -3.7% -5.69%
Assets 1 -1,083 336.3 58.1 118.7 391.4 57.77
Book Value Per Share 2 17.60 16.20 16.10 6.310 3.790 3.300
Cash Flow per Share 2 6.060 0.3400 0.2700 0.3000 0.6800 0.4600
Capex 1 0.11 - - - - -
Capex / Sales 0.21% - - - - -
Announcement Date 08/10/18 07/10/19 07/10/20 11/02/22 03/10/22 28/02/24
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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