Financials S.C. Santierul Naval 2 Mai S.A.

Equities

STNM

ROSTNMACNOR8

Shipbuilding

End-of-day quote Bucharest S.E. 03:30:00 10/06/2024 am IST 5-day change 1st Jan Change
4.86 RON +7.52% Intraday chart for S.C. Santierul Naval 2 Mai S.A. +7.52% +386.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6.673 6.673 6.673 6.673 6.673 6.673
Enterprise Value (EV) 1 4.124 4.63 6.656 6.304 4.785 6.286
P/E ratio 614 x 189 x 439 x 466 x 284 x 9,524 x
Yield 0.13% - - 0.18% 0.3% 0.01%
Capitalization / Revenue 1.82 x 1.26 x 1.18 x 2 x 3.49 x 1.81 x
EV / Revenue 1.13 x 0.87 x 1.18 x 1.89 x 2.5 x 1.71 x
EV / EBITDA -8.8 x 20.2 x 26.3 x 22.7 x -13.8 x -46.4 x
EV / FCF -8.52 x 15.8 x -4 x 16.2 x 2.08 x 3.85 x
FCF Yield -11.7% 6.31% -25% 6.18% 48% 26%
Price to Book 0.24 x 0.25 x 0.25 x 0.25 x 0.25 x 0.27 x
Nbr of stocks (in thousands) 6,673 6,673 6,673 6,673 6,673 6,673
Reference price 2 1.000 1.000 1.000 1.000 1.000 1.000
Announcement Date 19/04/19 30/04/20 10/11/21 29/04/22 27/04/23 10/05/24
1RON in Million2RON
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3.66 5.305 5.644 3.344 1.914 3.683
EBITDA 1 -0.4689 0.2287 0.253 0.2782 -0.3464 -0.1355
EBIT 1 -0.6048 0.0448 0.0207 0.0216 -0.6015 -0.3901
Operating Margin -16.53% 0.84% 0.37% 0.64% -31.43% -10.59%
Earnings before Tax (EBT) 1 0.0179 0.0462 0.0215 0.0217 0.0299 0.001885
Net income 1 0.0109 0.0352 0.0152 0.0143 0.0235 0.000705
Net margin 0.3% 0.66% 0.27% 0.43% 1.23% 0.02%
EPS 2 0.001629 0.005281 0.002278 0.002146 0.003516 0.000105
Free Cash Flow 1 -0.4842 0.2923 -1.663 0.3896 2.296 1.632
FCF margin -13.23% 5.51% -29.46% 11.65% 119.96% 44.32%
FCF Conversion (EBITDA) - 127.83% - 140.06% - -
FCF Conversion (Net income) - 829.47% - 2,719.73% 9,785.81% 2,31,486.1%
Dividend per Share 2 0.001346 - - 0.001785 0.002962 0.000082
Announcement Date 19/04/19 30/04/20 10/11/21 29/04/22 27/04/23 10/05/24
1RON in Million2RON
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2.55 2.04 0.02 0.37 1.89 0.39
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.48 0.29 -1.66 0.39 2.3 1.63
ROE (net income / shareholders' equity) 0.04% 0.13% 0.06% 0.05% 0.09% 0%
ROA (Net income/ Total Assets) -1.36% 0.1% 0.05% 0.05% -1.38% -0.94%
Assets 1 -0.7975 34.89 32.34 29.12 -1.697 -0.0752
Book Value Per Share 2 4.110 4.050 4.050 4.050 4.010 3.720
Cash Flow per Share 2 0.3800 0.3100 0 0.0600 0.2800 0.0600
Capex - - - 0 0.01 0.03
Capex / Sales - - - 0.09% 0.52% 0.95%
Announcement Date 19/04/19 30/04/20 10/11/21 29/04/22 27/04/23 10/05/24
1RON in Million2RON
Estimates
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