Financials Afrimat Limited

Equities

AFT

ZAE000086302

Construction Materials

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
64.85 ZAR +2.13% Intraday chart for Afrimat Limited +2.61% +2.94%

Valuation

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,067 3,864 6,084 9,154 8,147 9,818 - -
Enterprise Value (EV) 1 4,067 3,864 6,084 9,154 8,147 9,385 9,402 8,302
P/E ratio - - 10.2 x 12.2 x - 11.7 x 8.66 x 5.72 x
Yield - 1.26% - - - 2.72% 4.02% 5.48%
Capitalization / Revenue 1.37 x 1.17 x - - 1.66 x 1.7 x 1.48 x 1.1 x
EV / Revenue 1.37 x 1.17 x - - 1.66 x 1.62 x 1.42 x 0.93 x
EV / EBITDA - - - - 6.16 x 6.08 x 4.6 x 2.97 x
EV / FCF - - - - - 11.7 x 23 x 4.89 x
FCF Yield - - - - - 8.53% 4.34% 20.4%
Price to Book - - - - - 2.16 x 1.87 x 1.55 x
Nbr of stocks (in thousands) 136,482 135,577 137,332 137,657 151,213 151,401 - -
Reference price 2 29.80 28.50 44.30 66.50 53.88 64.85 64.85 64.85
Announcement Date 5/23/19 5/21/20 5/27/21 5/18/22 5/17/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,966 3,304 - - 4,908 5,790 6,613 8,941
EBITDA 1 - - - - 1,322 1,543 2,044 2,791
EBIT 1 - 601 - - 961.6 1,205 1,699 2,439
Operating Margin - 18.19% - - 19.59% 20.81% 25.7% 27.28%
Earnings before Tax (EBT) - - - - - - 1,650 2,458
Net income - - 601.3 772.7 - - 1,129 1,709
Net margin - - - - - - 17.07% 19.11%
EPS 2 - - 4.346 5.466 - 5.560 7.490 11.34
Free Cash Flow 1 - - - - - 801 408 1,697
FCF margin - - - - - 13.83% 6.17% 18.98%
FCF Conversion (EBITDA) - - - - - 51.91% 19.96% 60.8%
FCF Conversion (Net income) - - - - - - 36.14% 99.3%
Dividend per Share 2 - 0.3600 - - - 1.765 2.610 3.555
Announcement Date 5/23/19 5/21/20 5/27/21 5/18/22 5/17/23 - - -
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - - - 433 416 1,516
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - - - 801 408 1,697
ROE (net income / shareholders' equity) - - - - 18.8% - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets - - - - - - - -
Book Value Per Share 2 - - - - - 30.00 34.70 41.70
Cash Flow per Share - - - - - - - -
Capex 1 - - - - - 530 1,267 430
Capex / Sales - - - - - 9.15% 19.16% 4.81%
Announcement Date 5/23/19 5/21/20 5/27/21 5/18/22 5/17/23 - - -
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

  1. Stock Market
  2. Equities
  3. AFT Stock
  4. Financials Afrimat Limited