Financials Provident Financial LIQUIDNET SYSTEMS

Equities

Real-time Estimate Cboe Europe Other stock markets 06:44:01 20/05/2024 pm IST			5-day change	1st Jan Change
64.9 ^GBX	0.00%		0.00%	0.00%

16/05	Barclays raises Travis Perkins to 'overweight'	AN
15/05	Vanquis Banking says credit quality remains stable	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,144	769.8	901	479.9	327.6	162.4	-	-
Enterprise Value (EV) ¹	2,816	2,124	2,106	1,931	2,117	162.4	162.4	162.4
P/E ratio	13.8 x	-9.33 x	-28.1 x	6.27 x	-53.8 x	3,544 x	8.57 x	2.7 x
Yield	5.47%	-	3.34%	8%	4.64%	1.57%	3.13%	9.68%
Capitalization / Revenue	1.15 x	0.95 x	1.5 x	1 x	0.67 x	0.32 x	0.3 x	0.28 x
EV / Revenue	1.15 x	0.95 x	1.5 x	1 x	0.67 x	0.32 x	0.3 x	0.28 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.56 x	1.2 x	1.44 x	0.79 x	0.56 x	0.28 x	0.27 x	0.25 x
Nbr of stocks (in thousands)	2,50,253	2,50,762	2,50,842	2,50,976	2,53,537	2,54,613	-	-
Reference price ²	4.571	3.070	3.592	1.912	1.292	0.6380	0.6380	0.6380
Announcement Date	27/02/20	10/05/21	31/03/22	31/03/23	27/03/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	998.3	807.8	602.6	480.7	488.8	503.6	535.9	579.3
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	234.6	22.5	117.8	185.4	138.3	193.6	225.9	276.5
Operating Margin	23.5%	2.79%	19.55%	38.57%	28.29%	38.43%	42.15%	47.72%
Earnings before Tax (EBT) ¹	128.8	-113.5	4.1	110.1	-4.4	1.024	25.32	80.82
Net income ¹	84.4	-83.4	-32.1	77.4	-6	0.5526	18.96	59.52
Net margin	8.45%	-10.32%	-5.33%	16.1%	-1.23%	0.11%	3.54%	10.27%
EPS ²	0.3310	-0.3290	-0.1280	0.3050	-0.0240	0.000180	0.0744	0.2360
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.2500	-	0.1200	0.1530	0.0600	0.0100	0.0200	0.0617
Announcement Date	27/02/20	10/05/21	31/03/22	31/03/23	27/03/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	1,672	1,354	1,205	1,451	1,790	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	16.5%	-4.07%	22.5%	15.7%	2.87%	2.14%	4.07%	11.8%
ROA (Net income/ Total Assets)	4.09%	-0.94%	4.97%	3.61%	0.59%	0.39%	0.73%	2.1%
Assets ¹	2,065	8,915	-645.9	2,143	-1,017	141.7	2,586	2,839
Book Value Per Share ²	2.920	2.550	2.490	2.420	2.300	2.260	2.330	2.530
Cash Flow per Share	0.3900	-	-	-	-	-	-	-
Capex	-	-	1.3	-	-	-	-	-
Capex / Sales	-	-	0.22%	-	-	-	-	-
Announcement Date	27/02/20	10/05/21	31/03/22	31/03/23	27/03/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.638 GBP

Average target price

0.88 GBP

Spread / Average Target

+37.93%

	1st Jan change	Capi.
BAJAJ FINANCE LIMITED	-8.05%	49.99B
BAJAJ FINSERV LTD.	-5.83%	30.63B
JIO FINANCIAL SERVICES LIMITED	+55.48%	27.62B
ORIX CORPORATION	+28.84%	25.14B
SYNCHRONY FINANCIAL	+15.06%	17.64B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	+1.63%	12.92B
SHRIRAM FINANCE LIMITED	+15.48%	10.69B
MUTHOOT FINANCE LIMITED	+15.38%	8.21B
SOFI TECHNOLOGIES, INC.	-26.83%	7.7B