Financials Sitara Energy Limited

Equities

SEL

PK0073001015

Electric Utilities

End-of-day quote Pakistan S.E. 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
11.19 PKR +3.61% Intraday chart for Sitara Energy Limited +3.61% -3.95%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 435.1 494.4 412.4 288.9 174.7 126.8
Enterprise Value (EV) 1 1,439 1,296 1,173 1,103 872.7 775.2
P/E ratio -5.21 x -2.6 x -3.12 x -2.07 x -1.12 x -1.22 x
Yield - - - - - -
Capitalization / Revenue 0.18 x 0.46 x 0.43 x 0.38 x 0.36 x 0.12 x
EV / Revenue 0.6 x 1.19 x 1.22 x 1.44 x 1.81 x 0.73 x
EV / EBITDA -48.3 x -21.8 x 31.1 x 805 x -63.6 x 35.9 x
EV / FCF -13.5 x 25.3 x -24.3 x -15 x 5.17 x 20.7 x
FCF Yield -7.4% 3.96% -4.11% -6.66% 19.4% 4.83%
Price to Book 0.23 x 0.29 x 0.27 x 0.21 x 0.14 x 0.11 x
Nbr of stocks (in thousands) 19,092 19,092 19,092 19,092 19,092 19,092
Reference price 2 22.79 25.90 21.60 15.13 9.150 6.640
Announcement Date 05/10/18 07/10/19 08/10/20 01/10/21 07/10/22 02/10/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 2,412 1,085 958.1 763.6 482.3 1,068
EBITDA 1 -29.78 -59.54 37.77 1.371 -13.73 21.57
EBIT 1 -69.01 -90.83 17.63 -26.46 -43.68 -5.556
Operating Margin -2.86% -8.37% 1.84% -3.47% -9.06% -0.52%
Earnings before Tax (EBT) 1 -83.27 -187.2 -130.8 -135.5 -153.8 -101.1
Net income 1 -83.45 -190.2 -132.2 -139.5 -155.6 -103.5
Net margin -3.46% -17.53% -13.8% -18.27% -32.26% -9.7%
EPS 2 -4.371 -9.962 -6.925 -7.306 -8.150 -5.423
Free Cash Flow 1 -106.5 51.33 -48.18 -73.41 168.9 37.42
FCF margin -4.42% 4.73% -5.03% -9.61% 35.02% 3.51%
FCF Conversion (EBITDA) - - - - - 173.47%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 05/10/18 07/10/19 08/10/20 01/10/21 07/10/22 02/10/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 1,004 802 761 814 698 648
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -33.73 x -13.47 x 20.14 x 593.9 x -50.84 x 30.06 x
Free Cash Flow 1 -107 51.3 -48.2 -73.4 169 37.4
ROE (net income / shareholders' equity) -4.36% -10.7% -8.18% -9.48% -11.8% -8.67%
ROA (Net income/ Total Assets) -1.16% -1.6% 0.32% -0.48% -0.79% -0.1%
Assets 1 7,215 11,897 -40,733 28,832 19,580 1,02,912
Book Value Per Share 2 98.10 88.10 81.20 73.40 65.30 59.90
Cash Flow per Share 2 2.960 11.60 14.80 12.50 15.90 16.20
Capex 1 16.7 - 7 24.2 0.75 17.1
Capex / Sales 0.69% - 0.73% 3.17% 0.15% 1.61%
Announcement Date 05/10/18 07/10/19 08/10/20 01/10/21 07/10/22 02/10/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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