Financials African Dawn Capital Limited

Equities

ADW

ZAE000223194

Consumer Lending

End-of-day quote Johannesburg S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
0.07 ZAR +40.00% Intraday chart for African Dawn Capital Limited +40.00% -30.00%

Valuation

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Capitalization 1 4.385 12.18 3.055 6.365 14.64 9.102
Enterprise Value (EV) 1 12.93 19.82 14.94 27.63 52.95 59.23
P/E ratio -1.68 x -0.75 x -0.29 x -0.44 x -1.14 x -0.53 x
Yield - - - - - -
Capitalization / Revenue 0.27 x 1.29 x 0.29 x 0.9 x 1.58 x 0.99 x
EV / Revenue 0.79 x 2.1 x 1.43 x 3.89 x 5.72 x 6.41 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.54 x 1.84 x -1.05 x -0.46 x -0.55 x -0.22 x
Nbr of stocks (in thousands) 21,925 48,725 50,918 63,647 63,647 70,012
Reference price 2 0.2000 0.2500 0.0600 0.1000 0.2300 0.1300
Announcement Date 7/30/18 7/3/19 9/30/20 6/30/21 7/8/22 7/31/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net sales 1 16.3 9.428 10.42 7.099 9.253 9.233
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -1.301 -9.383 -10.34 -12.75 -12.89 -15.8
Net income 1 -2.614 -9.393 -10.34 -12.75 -12.89 -16.15
Net margin -16.04% -99.63% -99.27% -179.62% -139.35% -174.94%
EPS 2 -0.1192 -0.3352 -0.2061 -0.2277 -0.2026 -0.2449
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 7/30/18 7/3/19 9/30/20 6/30/21 7/8/22 7/31/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net Debt 1 8.55 7.64 11.9 21.3 38.3 50.1
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) -14.2% -128% -556% 152% 63.5% 47.7%
ROA (Net income/ Total Assets) -3.11% -43.4% -67.5% -111% -95.2% -105%
Assets 1 84.06 21.65 15.33 11.48 13.55 15.33
Book Value Per Share 2 0.3700 0.1400 -0.0600 -0.2200 -0.4200 -0.5900
Cash Flow per Share 2 0.0200 0.0500 0.0100 0.0100 0.0200 0.0200
Capex 1 0.02 0 - 0.01 0.05 0.12
Capex / Sales 0.1% 0.02% - 0.2% 0.54% 1.26%
Announcement Date 7/30/18 7/3/19 9/30/20 6/30/21 7/8/22 7/31/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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