Financials S.C. Iproeb S.A.

Equities

IPRU

ROIPRUACNOR1

Electrical Components & Equipment

End-of-day quote Bucharest S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
1.34 RON +11.67% Intraday chart for S.C. Iproeb S.A. +22.94% +64.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 35.77 35.77 35.77 35.77 94.18 102.1
Enterprise Value (EV) 1 38.29 30.66 37.58 36.34 96.4 89.23
P/E ratio 8.79 x 12.2 x 37.9 x 9.26 x 5.08 x 6.24 x
Yield 11.2% 5.59% - - - -
Capitalization / Revenue 0.33 x 0.34 x 0.35 x 0.24 x 0.52 x 0.53 x
EV / Revenue 0.35 x 0.29 x 0.37 x 0.24 x 0.53 x 0.47 x
EV / EBITDA 5.1 x 5.18 x 8.87 x 4.58 x 3.56 x 2.83 x
EV / FCF 12.5 x - -9.74 x - -2.91 x 4.92 x
FCF Yield 7.99% - -10.3% - -34.3% 20.3%
Price to Book 0.53 x 0.54 x 0.56 x 0.41 x 0.71 x 0.69 x
Nbr of stocks (in thousands) 47,572 47,572 47,572 47,572 1,25,240 1,25,241
Reference price 2 0.7520 0.7520 0.7520 0.7520 0.7520 0.8150
Announcement Date 22/04/19 24/04/20 26/04/21 28/04/22 27/04/23 26/04/24
1RON in Million2RON
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 109 105.1 102 149.8 182.2 191.7
EBITDA 1 7.511 5.922 4.237 7.93 27.07 31.47
EBIT 1 5.03 3.442 1.337 5.03 24.01 19.04
Operating Margin 4.62% 3.27% 1.31% 3.36% 13.18% 9.93%
Earnings before Tax (EBT) 1 4.958 3.342 1.281 4.722 23.75 19.41
Net income 1 4.069 2.941 0.9452 3.862 21.53 16.98
Net margin 3.73% 2.8% 0.93% 2.58% 11.81% 8.85%
EPS 2 0.0855 0.0618 0.0199 0.0812 0.1479 0.1306
Free Cash Flow 1 3.059 - -3.86 - -33.07 18.13
FCF margin 2.81% - -3.78% - -18.15% 9.46%
FCF Conversion (EBITDA) 40.73% - - - - 57.6%
FCF Conversion (Net income) 75.18% - - - - 106.79%
Dividend per Share 2 0.0841 0.0420 - - - -
Announcement Date 22/04/19 24/04/20 26/04/21 28/04/22 27/04/23 26/04/24
1RON in Million2RON
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2.51 - 1.81 0.56 2.22 -
Net Cash position 1 - 5.11 - - - 12.8
Leverage (Debt/EBITDA) 0.3344 x - 0.4264 x 0.0707 x 0.082 x -
Free Cash Flow 1 3.06 - -3.86 - -33.1 18.1
ROE (net income / shareholders' equity) 5.98% 4.42% 1.45% 5.1% 19.7% 12.1%
ROA (Net income/ Total Assets) 3.75% 2.62% 1.05% 3.16% 10.5% 7.21%
Assets 1 108.5 112.1 89.77 122.1 204.8 235.3
Book Value Per Share 2 1.410 1.390 1.350 1.830 1.050 1.190
Cash Flow per Share 2 0.0200 0.1100 0.0100 0.0300 0.0600 0.1100
Capex - - 3.44 - 4.69 7.95
Capex / Sales - - 3.37% - 2.57% 4.15%
Announcement Date 22/04/19 24/04/20 26/04/21 28/04/22 27/04/23 26/04/24
1RON in Million2RON
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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