Financials ME Group International plc Börse Stuttgart

Equities

PHQ

GB0008481250

Industrial Machinery & Equipment

Real-time Estimate Tradegate Other stock markets 01:24:24 01/07/2024 pm IST			5-day change	1st Jan Change
2.005 ^EUR	+3.89%		+1.58%	+33.10%

25/06	Peel Hunt Starts ME Group International at Buy	MT
10/06	Investors remain cautious as political instability takes over Europe

Valuation

Fiscal Period: Oktober	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	346.6	185.2	250.2	350.8	528.8	644.6	-	-
Enterprise Value (EV) ¹	330.3	177.3	215.3	316.8	494.9	594	578.1	551.1
P/E ratio	11.1 x	-	11.5 x	9.07 x	10.5 x	12.1 x	11.2 x	10.4 x
Yield	9.2%	17.2%	4.37%	13%	4.92%	4.69%	5.12%	5.56%
Capitalization / Revenue	1.52 x	0.86 x	1.17 x	1.35 x	1.78 x	2 x	1.85 x	1.73 x
EV / Revenue	1.45 x	0.82 x	1 x	1.22 x	1.66 x	1.84 x	1.66 x	1.48 x
EV / EBITDA	4.61 x	4.24 x	3.31 x	3.43 x	4.64 x	5.06 x	4.48 x	3.96 x
EV / FCF	11.4 x	-	7.84 x	7.5 x	13.6 x	16.4 x	12.9 x	9.56 x
FCF Yield	8.78%	-	12.8%	13.3%	7.38%	6.09%	7.74%	10.5%
Price to Book	2.44 x	1.62 x	1.96 x	2.64 x	3.33 x	3.27 x	2.83 x	2.52 x
Nbr of stocks (in thousands)	3,78,012	3,78,012	3,78,012	3,78,052	3,77,194	3,76,511	-	-
Reference price ²	0.9170	0.4900	0.6620	0.9280	1.402	1.712	1.712	1.712
Announcement Date	18/07/19	07/07/20	21/03/22	28/02/23	22/02/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	228.1	215.4	214.4	259.8	297.7	322.5	349.3	372
EBITDA ¹	71.58	41.86	65.08	92.24	106.6	117.5	129.1	139.3
EBIT ¹	44.56	7.515	29.34	56.68	68.29	74.32	80.72	87.35
Operating Margin	19.54%	3.49%	13.68%	21.82%	22.94%	23.05%	23.11%	23.48%
Earnings before Tax (EBT) ¹	42.59	-	28.56	53.35	67.07	72.65	79.34	85.68
Net income ¹	31.23	-	21.85	38.79	50.67	53.9	58.57	63.1
Net margin	13.69%	-	10.19%	14.93%	17.02%	16.71%	16.77%	16.96%
EPS ²	0.0826	-	0.0577	0.1023	0.1331	0.1417	0.1534	0.1654
Free Cash Flow ¹	29.02	-	27.48	42.23	36.5	36.15	44.72	57.62
FCF margin	12.72%	-	12.82%	16.26%	12.26%	11.21%	12.8%	15.49%
FCF Conversion (EBITDA)	40.54%	-	42.23%	45.78%	34.23%	30.77%	34.66%	41.37%
FCF Conversion (Net income)	92.92%	-	125.76%	108.86%	72.05%	67.07%	76.37%	91.32%
Dividend per Share ²	0.0844	0.0844	0.0289	0.1210	0.0690	0.0803	0.0876	0.0952
Announcement Date	18/07/19	07/07/20	21/03/22	28/02/23	22/02/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October	2022 S1	2023 S1
Net sales	-	-
EBITDA	-	-
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income ¹	16.43	20.39
Net margin	-	-
EPS ²	0.0435	0.0534
Dividend per Share	-	-
Announcement Date	19/07/22	12/07/23

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	16.3	7.93	34.9	34	33.9	50.5	66.5	93.5
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	29	-	27.5	42.2	36.5	36.2	44.7	57.6
ROE (net income / shareholders' equity)	22.9%	-	18.2%	29.8%	-	29.5%	26.9%	25.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.3800	0.3000	0.3400	0.3500	0.4200	0.5200	0.6000	0.6800
Cash Flow per Share ²	-	-	-	-	0.2200	0.2500	0.2800	0.3000
Capex ¹	28.2	-	26.4	32.7	45.8	58.6	60.1	55.9
Capex / Sales	12.35%	-	12.3%	12.58%	15.4%	18.18%	17.21%	15.02%
Announcement Date	18/07/19	07/07/20	21/03/22	28/02/23	22/02/24	-	-	-

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 ME Group International plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.712 GBP

Average target price

2.395 GBP

Spread / Average Target

+39.89%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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