Financials The National Carton Industry P.L.C

Equities

NCI

PS2012112939

Paper Packaging

End-of-day quote Palestine Exchange 03:30:00 21/05/2024 am IST 5-day change 1st Jan Change
1.92 USD +4.92% Intraday chart for The National Carton Industry P.L.C 0.00% +14.97%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4.65 5 7.4 10 9.05 8.35
Enterprise Value (EV) 1 5.74 5.823 6.601 10.9 10.41 8.921
P/E ratio -28.6 x 17.5 x 9.2 x 8.71 x 13.8 x 8.79 x
Yield - - 6.76% 5% 5.52% 7.19%
Capitalization / Revenue 1.13 x 1.33 x 1.52 x 1.36 x 1.1 x 1.07 x
EV / Revenue 1.39 x 1.55 x 1.35 x 1.48 x 1.27 x 1.15 x
EV / EBITDA 118 x 10.6 x 4.93 x 6.69 x 8.89 x 5.27 x
EV / FCF -4.95 x 134 x 5.63 x -5.84 x 88.8 x 8.75 x
FCF Yield -20.2% 0.75% 17.8% -17.1% 1.13% 11.4%
Price to Book 0.91 x 0.87 x 1.07 x 1.24 x 1.21 x 1.09 x
Nbr of stocks (in thousands) 5,000 5,000 5,000 5,000 5,000 5,000
Reference price 2 0.9300 1.000 1.480 2.000 1.810 1.670
Announcement Date 01/04/19 01/05/20 09/04/21 31/03/22 30/03/23 06/04/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4.118 3.753 4.876 7.376 8.194 7.774
EBITDA 1 0.0487 0.5483 1.34 1.629 1.171 1.693
EBIT 1 -0.1379 0.2344 0.9706 1.266 0.8118 1.276
Operating Margin -3.35% 6.25% 19.9% 17.17% 9.91% 16.41%
Earnings before Tax (EBT) 1 -0.1455 0.3096 0.9121 1.269 0.7514 1.075
Net income 1 -0.1626 0.2852 0.8043 1.148 0.657 0.9503
Net margin -3.95% 7.6% 16.49% 15.56% 8.02% 12.22%
EPS 2 -0.0325 0.0570 0.1609 0.2296 0.1314 0.1901
Free Cash Flow 1 -1.159 0.0436 1.172 -1.865 0.1172 1.02
FCF margin -28.14% 1.16% 24.04% -25.29% 1.43% 13.12%
FCF Conversion (EBITDA) - 7.94% 87.46% - 10.01% 60.23%
FCF Conversion (Net income) - 15.27% 145.74% - 17.84% 107.32%
Dividend per Share - - 0.1000 0.1000 0.1000 0.1200
Announcement Date 01/04/19 01/05/20 09/04/21 31/03/22 30/03/23 06/04/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1.09 0.82 - 0.9 1.36 0.57
Net Cash position 1 - - 0.8 - - -
Leverage (Debt/EBITDA) 22.37 x 1.501 x - 0.5523 x 1.159 x 0.3374 x
Free Cash Flow 1 -1.16 0.04 1.17 -1.87 0.12 1.02
ROE (net income / shareholders' equity) -2.94% 5.28% 12.7% 15.4% 8.45% 12.5%
ROA (Net income/ Total Assets) -1.15% 1.82% 6.83% 7.69% 4.77% 7.86%
Assets 1 14.13 15.71 11.78 14.92 13.77 12.1
Book Value Per Share 2 1.020 1.140 1.380 1.610 1.500 1.540
Cash Flow per Share 2 0.1000 0.1900 0.4100 0.2400 0.0600 0.1200
Capex 1 1.3 0.11 0.09 0.76 1.34 0.6
Capex / Sales 31.52% 2.96% 1.8% 10.32% 16.37% 7.77%
Announcement Date 01/04/19 01/05/20 09/04/21 31/03/22 30/03/23 06/04/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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