Financials Metro Spinning Limited

Equities

METROSPIN

BD0447METSP5

Textiles & Leather Goods

End-of-day quote Dhaka S.E. 03:30:00 16/05/2024 am IST 5-day change 1st Jan Change
18.1 BDT 0.00% Intraday chart for Metro Spinning Limited -10.84% -28.46%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 568.6 481.2 524.4 1,098 1,794 2,369
Enterprise Value (EV) 1 1,576 1,342 1,354 1,834 2,586 3,061
P/E ratio 101 x 37.2 x 111 x 18 x 20.1 x -12.3 x
Yield - 2.56% 2.35% - 1.08% -
Capitalization / Revenue 0.65 x 0.53 x 0.77 x 1.1 x 1.85 x 4.36 x
EV / Revenue 1.79 x 1.48 x 2 x 1.84 x 2.67 x 5.63 x
EV / EBITDA 12.2 x 11 x 11.8 x 11.7 x 14.4 x -45.5 x
EV / FCF 53.9 x 9.69 x 30.6 x 172 x -32.1 x 14.1 x
FCF Yield 1.85% 10.3% 3.27% 0.58% -3.12% 7.08%
Price to Book 0.61 x 0.52 x 0.59 x 0.97 x 1.34 x 2.28 x
Nbr of stocks (in thousands) 61,698 61,698 61,698 61,698 64,783 61,698
Reference price 2 9.216 7.800 8.500 17.80 27.70 38.40
Announcement Date 05/12/18 11/12/19 10/12/20 21/12/21 30/11/22 03/12/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 878.5 904.4 676.7 995.2 968.9 543.3
EBITDA 1 129 122.5 114.4 156.7 179.9 -67.3
EBIT 1 100.2 93.89 87.08 130.5 154.6 -92.11
Operating Margin 11.4% 10.38% 12.87% 13.12% 15.96% -16.95%
Earnings before Tax (EBT) 1 12.04 16.88 6.283 70.21 100.8 -186.1
Net income 1 5.649 12.93 4.744 60.95 85.05 -192.4
Net margin 0.64% 1.43% 0.7% 6.12% 8.78% -35.41%
EPS 2 0.0916 0.2095 0.0769 0.9879 1.379 -3.118
Free Cash Flow 1 29.24 138.4 44.32 10.64 -80.65 216.8
FCF margin 3.33% 15.31% 6.55% 1.07% -8.32% 39.91%
FCF Conversion (EBITDA) 22.66% 113.05% 38.74% 6.79% - -
FCF Conversion (Net income) 517.52% 1,070.99% 934.09% 17.46% - -
Dividend per Share - 0.2000 0.2000 - 0.3000 -
Announcement Date 05/12/18 11/12/19 10/12/20 21/12/21 30/11/22 03/12/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 1,008 860 830 735 791 692
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.811 x 7.026 x 7.253 x 4.692 x 4.398 x -10.28 x
Free Cash Flow 1 29.2 138 44.3 10.6 -80.6 217
ROE (net income / shareholders' equity) 0.59% 1.4% 0.52% 6.01% 7.07% -16.6%
ROA (Net income/ Total Assets) 3% 2.94% 2.89% 4.22% 4.57% -2.82%
Assets 1 188.6 440 164.1 1,445 1,862 6,820
Book Value Per Share 2 15.20 14.90 14.50 18.40 20.70 16.90
Cash Flow per Share 2 0.0200 0.1500 0.0800 0.4800 0.4100 0.1300
Capex 1 20.4 18.5 8.49 14.5 23.3 0.04
Capex / Sales 2.32% 2.04% 1.25% 1.46% 2.4% 0.01%
Announcement Date 05/12/18 11/12/19 10/12/20 21/12/21 30/11/22 03/12/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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