Financials Letlole La Rona Limited

Equities

LETLOLE

BW0000001015

Real Estate Development & Operations

End-of-day quote Botswana S.E. 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
2.83 BWP 0.00% Intraday chart for Letlole La Rona Limited 0.00% +4.81%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 515.2 518 652.4 649.6 840 700
Enterprise Value (EV) 1 677.1 484.3 766.5 806.5 1,175 1,115
P/E ratio 5.91 x 7.89 x 9.03 x 9.92 x 7.63 x 5.72 x
Yield 7.34% 9.12% 6.92% 7.48% 6.14% 7.9%
Capitalization / Revenue 6.03 x 4.97 x 7.5 x 6.13 x 6.36 x 6.06 x
EV / Revenue 7.93 x 4.65 x 8.81 x 7.62 x 8.89 x 9.65 x
EV / EBITDA 10.1 x 6.26 x 13.9 x 11.8 x 12.1 x 14.6 x
EV / FCF 16.9 x 12.7 x 31.4 x 18.8 x 20.6 x -15.3 x
FCF Yield 5.93% 7.87% 3.18% 5.32% 4.86% -6.52%
Price to Book 0.7 x 0.7 x 0.85 x 0.82 x 0.99 x 0.77 x
Nbr of stocks (in thousands) 2,80,000 2,80,000 2,80,000 2,80,000 2,80,000 2,80,000
Reference price 2 1.840 1.850 2.330 2.320 3.000 2.500
Announcement Date 15/11/18 21/11/19 20/11/20 23/11/21 21/11/22 15/12/23
1BWP in Million2BWP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 85.42 104.2 87 105.9 132.1 115.5
EBITDA 1 67.15 77.36 55.1 68.52 96.76 76.51
EBIT 1 66.92 76.85 54.46 67.97 96.22 75.76
Operating Margin 78.35% 73.76% 62.6% 64.18% 72.83% 65.6%
Earnings before Tax (EBT) 1 94.76 74.76 78.2 63.35 108.7 119.3
Net income 1 78.87 53.07 62.35 54.83 98.87 110.3
Net margin 92.33% 50.94% 71.67% 51.77% 74.84% 95.51%
EPS 2 0.3112 0.2344 0.2579 0.2338 0.3934 0.4371
Free Cash Flow 1 40.14 38.11 24.39 42.92 57.09 -72.74
FCF margin 46.99% 36.58% 28.03% 40.53% 43.21% -62.99%
FCF Conversion (EBITDA) 59.78% 49.26% 44.26% 62.64% 59% -
FCF Conversion (Net income) 50.89% 71.8% 39.11% 78.28% 57.74% -
Dividend per Share 2 0.1350 0.1687 0.1612 0.1736 0.1841 0.1974
Announcement Date 15/11/18 21/11/19 20/11/20 23/11/21 21/11/22 15/12/23
1BWP in Million2BWP
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 162 - 114 157 335 415
Net Cash position 1 - 33.7 - - - -
Leverage (Debt/EBITDA) 2.412 x - 2.07 x 2.289 x 3.459 x 5.423 x
Free Cash Flow 1 40.1 38.1 24.4 42.9 57.1 -72.7
ROE (net income / shareholders' equity) 11.1% 8.55% 7.99% 7% 12.1% 11.5%
ROA (Net income/ Total Assets) 4.59% 4.55% 3.08% 3.79% 4.67% 3.2%
Assets 1 1,718 1,167 2,023 1,448 2,117 3,450
Book Value Per Share 2 2.630 2.660 2.750 2.810 3.020 3.260
Cash Flow per Share 2 0.1200 0.9700 0.4400 0.2700 0.5100 0.2400
Capex 1 0.23 0.77 0.16 0.18 0.44 1.27
Capex / Sales 0.26% 0.74% 0.18% 0.17% 0.34% 1.1%
Announcement Date 15/11/18 21/11/19 20/11/20 23/11/21 21/11/22 15/12/23
1BWP in Million2BWP
Estimates
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