Financials Wilson Bayly Holmes-Ovcon Limited

Equities

WBO

ZAE000009932

Construction & Engineering

End-of-day quote Johannesburg S.E. 03:30:00 24/06/2024 am IST 5-day change 1st Jan Change
161.4 ZAR +2.83% Intraday chart for Wilson Bayly Holmes-Ovcon Limited +4.65% +24.13%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,846 5,370 6,009 4,303 6,287 8,392 - -
Enterprise Value (EV) 1 87.34 -1,923 6,009 4,303 6,287 3,915 2,930 1,707
P/E ratio 11.7 x - - - - 8.35 x 6.43 x 5.07 x
Yield 1.73% - 1.81% - - 4.04% 5.46% 6.71%
Capitalization / Revenue 0.14 x 0.12 x 0.16 x 0.17 x 0.26 x 0.29 x 0.25 x 0.22 x
EV / Revenue 0 x -0.04 x 0.16 x 0.17 x 0.26 x 0.14 x 0.09 x 0.04 x
EV / EBITDA 0.1 x 8.93 x 7.3 x - - 2.39 x 1.41 x 0.66 x
EV / FCF - - - - - 2.78 x 1.95 x 0.9 x
FCF Yield - - - - - 36% 51.4% 111%
Price to Book 1.12 x - - - - 1.69 x 1.43 x 1.2 x
Nbr of stocks (in thousands) 53,200 53,171 53,181 53,197 60,173 52,680 - -
Reference price 2 109.9 101.0 113.0 80.88 104.5 159.3 159.3 159.3
Announcement Date 03/09/19 17/11/20 03/09/21 13/09/22 12/09/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 41,000 43,080 38,331 25,068 23,769 28,939 34,243 39,013
EBITDA 1 844.2 -215.3 823 - - 1,639 2,072 2,575
EBIT 1 561.2 -541.3 518 - - 1,303 1,680 2,125
Operating Margin 1.37% -1.26% 1.35% - - 4.5% 4.91% 5.45%
Earnings before Tax (EBT) 748.2 - 623.9 - - - 1,963 2,468
Net income 498.5 -497.8 316 - - - 1,307 1,657
Net margin 1.22% -1.16% 0.82% - - - 3.82% 4.25%
EPS 2 9.390 - - - - 19.08 24.77 31.40
Free Cash Flow 1 - - - - - 1,409 1,505 1,898
FCF margin - - - - - 4.87% 4.4% 4.87%
FCF Conversion (EBITDA) - - - - - 85.97% 72.64% 73.71%
FCF Conversion (Net income) - - - - - - 115.15% 114.54%
Dividend per Share 2 1.900 - 2.050 - - 6.440 8.700 10.69
Announcement Date 03/09/19 17/11/20 03/09/21 13/09/22 12/09/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Juni 2020 S1 2022 S1
Net sales 1 22,894 15,962
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 - -1,348
Net margin - -8.45%
EPS - -
Dividend per Share - -
Announcement Date 03/03/20 01/03/22
1ZAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 5,759 7,293 - - - 4,477 5,462 6,685
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - - - 1,409 1,505 1,898
ROE (net income / shareholders' equity) 8.48% - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets - - - - - - - -
Book Value Per Share 2 97.90 - - - - 94.10 111.0 133.0
Cash Flow per Share 21.60 - - - - - - -
Capex 1 223 137 - - - 134 141 148
Capex / Sales 0.54% 0.32% - - - 0.46% 0.41% 0.38%
Announcement Date 03/09/19 17/11/20 03/09/21 13/09/22 12/09/23 - - -
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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