Financials Miraculum S.A.

Equities

MIR

PLKLSTN00017

Personal Products

Market Closed - Warsaw S.E. 09:25:55 16/05/2024 pm IST 5-day change 1st Jan Change
1.2 PLN 0.00% Intraday chart for Miraculum S.A. +2.13% -6.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 48.75 40.72 40.01 50.25 46.55 53.12
Enterprise Value (EV) 1 62.84 60.26 60.28 70.2 65.83 74.72
P/E ratio -9.78 x -17.6 x -8.36 x -11.8 x -18.9 x -31.2 x
Yield - - - - - -
Capitalization / Revenue 2.19 x 1.87 x 1.64 x 1.49 x 1.07 x 1.13 x
EV / Revenue 2.83 x 2.77 x 2.47 x 2.09 x 1.52 x 1.59 x
EV / EBITDA -18.7 x -11.8 x -23.1 x -28.6 x -136 x 94.3 x
EV / FCF -16.7 x -15.9 x -24.5 x -19.4 x -83.5 x -59.6 x
FCF Yield -5.98% -6.29% -4.09% -5.16% -1.2% -1.68%
Price to Book 2.17 x 1.86 x 1.96 x 2.28 x 2.11 x 2.46 x
Nbr of stocks (in thousands) 32,500 33,650 35,100 37,500 38,000 41,500
Reference price 2 1.500 1.210 1.140 1.340 1.225 1.280
Announcement Date 08/04/19 24/04/20 23/04/21 22/04/22 21/04/23 19/04/24
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 22.24 21.76 24.38 33.66 43.31 47.06
EBITDA 1 -3.353 -5.117 -2.607 -2.454 -0.4831 0.7928
EBIT 1 -3.94 -5.805 -2.993 -2.809 -0.8638 0.3407
Operating Margin -17.72% -26.68% -12.28% -8.34% -1.99% 0.72%
Earnings before Tax (EBT) 1 -5.387 -6.13 -3.492 -3.343 -1.361 -1.323
Net income 1 -4.053 -2.268 -4.638 -4.107 -2.459 -1.637
Net margin -18.23% -10.42% -19.02% -12.2% -5.68% -3.48%
EPS 2 -0.1534 -0.0686 -0.1364 -0.1136 -0.0647 -0.0410
Free Cash Flow 1 -3.757 -3.79 -2.463 -3.625 -0.788 -1.254
FCF margin -16.9% -17.42% -10.1% -10.77% -1.82% -2.66%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 08/04/19 24/04/20 23/04/21 22/04/22 21/04/23 19/04/24
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 14.1 19.5 20.3 20 19.3 21.6
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -4.202 x -3.82 x -7.775 x -8.13 x -39.91 x 27.25 x
Free Cash Flow 1 -3.76 -3.79 -2.46 -3.63 -0.79 -1.25
ROE (net income / shareholders' equity) -22% -10.2% -21.9% -19.6% -11.3% -7.49%
ROA (Net income/ Total Assets) -4.95% -6.96% -3.5% -3.18% -0.95% 0.37%
Assets 1 81.93 32.58 132.7 129.1 258 -445.1
Book Value Per Share 2 0.6900 0.6500 0.5800 0.5900 0.5800 0.5200
Cash Flow per Share 2 0.0500 0.0300 0.0300 0.0100 0 0
Capex 1 0.61 0.76 0.28 0.36 0.72 0.33
Capex / Sales 2.74% 3.47% 1.17% 1.08% 1.66% 0.7%
Announcement Date 08/04/19 24/04/20 23/04/21 22/04/22 21/04/23 19/04/24
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1.2 PLN
Average target price
1.35 PLN
Spread / Average Target
+12.50%
Consensus
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