Financials Navitas Petroleum, Limited Partnership

Equities

NVPT

IL0011419699

Oil & Gas Exploration and Production

Delayed TEL AVIV STOCK EXCHANGE 04:54:08 25/04/2024 pm IST 5-day change 1st Jan Change
3,940 ILa -3.34% Intraday chart for Navitas Petroleum, Limited Partnership -6.08% +21.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 90.68 223 218.8 512.3 474.8 844.6
Enterprise Value (EV) 1 299.2 439.9 432.8 897.5 845.3 1,411
P/E ratio -3.93 x -44 x -13.6 x 103 x 9.75 x 57.7 x
Yield - - - - - -
Capitalization / Revenue - 99,04,678 x 50,97,147 x 59,32,225 x 39,52,707 x 90,05,643 x
EV / Revenue - 1,95,37,445 x 1,00,84,542 x 1,03,93,212 x 70,37,725 x 1,50,42,853 x
EV / EBITDA -47.2 x 49.8 x 31.4 x 18.5 x 11.5 x 33.6 x
EV / FCF -5.44 x -13.5 x -1.87 x 13.3 x -2.87 x -5.74 x
FCF Yield -18.4% -7.4% -53.4% 7.53% -34.8% -17.4%
Price to Book -52.7 x 9.54 x 2.57 x 2.17 x 1.63 x 2.72 x
Nbr of stocks (in thousands) 35,391 47,232 60,971 93,576 93,602 93,784
Reference price 2 2.562 4.722 3.588 5.475 5.072 9.006
Announcement Date 28/03/19 29/03/20 26/03/21 20/03/22 23/03/23 06/03/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales - 22.52 42.92 86.36 120.1 93.79
EBITDA 1 -6.343 8.825 13.76 48.54 73.57 42
EBIT 1 -17.06 0.667 4.812 36.78 58.33 26.46
Operating Margin - 2.96% 11.21% 42.59% 48.56% 28.21%
Earnings before Tax (EBT) 1 -21.5 -9.53 -16.84 14.24 70.32 31.58
Net income 1 -21.49 -4.183 -15.91 3.921 48.8 14.67
Net margin - -18.58% -37.07% 4.54% 40.63% 15.65%
EPS 2 -0.6527 -0.1072 -0.2637 0.0530 0.5200 0.1560
Free Cash Flow 1 -55.03 -32.54 -231 67.6 -294.5 -245.8
FCF margin - -144.51% -538.25% 78.28% -245.21% -262.08%
FCF Conversion (EBITDA) - - - 139.27% - -
FCF Conversion (Net income) - - - 1,724.02% - -
Dividend per Share - - - - - -
Announcement Date 28/03/19 29/03/20 26/03/21 20/03/22 23/03/23 06/03/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 209 217 214 385 371 566
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -32.87 x 24.58 x 15.55 x 7.937 x 5.037 x 13.48 x
Free Cash Flow 1 -55 -32.5 -231 67.6 -295 -246
ROE (net income / shareholders' equity) -393% -38.5% -29.2% 3.86% 18.8% 6.99%
ROA (Net income/ Total Assets) -4.6% 0.16% 0.83% 3.85% 4.47% 1.65%
Assets 1 467.2 -2,579 -1,912 102 1,092 889.2
Book Value Per Share 2 -0.0500 0.4900 1.400 2.520 3.100 3.310
Cash Flow per Share 2 0.3600 0.4300 1.700 0.4100 0.7000 0.9200
Capex 1 40.5 37 66 123 346 270
Capex / Sales - 164.32% 153.79% 142.19% 288.04% 287.49%
Announcement Date 28/03/19 29/03/20 26/03/21 20/03/22 23/03/23 06/03/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
39.4 ILS
Average target price
41 ILS
Spread / Average Target
+4.06%
Consensus
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