AUCKLAND INTERNATION

AIA
End-of-day quote. End-of-day quote  - 07/27
7.1NZD +0.71%
Valuation
Fiscal Period: June 2020 2021
Capitalization1 9 67510 456
Entreprise Value (EV)1 11 05511 954
P/E ratio 43,2x-772x
Yield --
Capitalization / Revenue 17,1x38,3x
EV / Revenue 19,5x43,8x
EV / EBITDA 42,5x69,1x
Price to Book 1,46x1,57x
Nbr of stocks (in thousands) 1 472 5511 472 647
Reference price (NZD) 6,577,10
Announcement Date 08/19/2020-
Previous period Next period
1 NZD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: June 2020 2021
Net sales1 567273
EBITDA1 260173
Operating profit (EBIT)1 14838,1
Operating Margin 26,0%14,0%
Pre-Tax Profit (EBT)1 1979,55
Net income1 194-3,61
Net margin 34,2%-1,32%
EPS2 0,15-0,01
Dividend per Share2 --
Announcement Date 08/19/2020-
Previous period Next period
1 NZD in Million
2 NZD
Finances - Leverage
Fiscal Period: June 2020 2021
Net Debt1 1 3801 499
Net Cash position1 --
Leverage (Debt / EBITDA) 5,30x8,67x
Free Cash Flow1 -76,5-123
ROE (Net Profit / Equities) 2,98%-0,54%
Shareholders' equity1 6 517670
ROA (Net Profit / Asset) 2,16%-0,40%
Assets1 8 997903
Book Value Per Share2 4,514,52
Cash Flow per Share2 0,140,07
Capex1 252203
Capex / Sales 44,5%74,6%
Announcement Date 08/19/2020-
Previous period Next period
1 NZD in Million
2 NZD
Financial Ratios
Size 2021e 2022e
Capitalization 10 456 M NZD -
Entreprise Value (EV) 11 954 M NZD 12 073 M NZD
Valuation 2021e 2022e
P/E ratio (Price / EPS) -772x 102x
Capitalization / Revenue 38,3x 23,6x
EV / Revenue 43,8x 27,0x
EV / EBITDA 69,1x 40,3x
Yield (DPS / Price) - 0,64%
Price to book (Price / BVPS) 1,57x 1,56x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 14,0% 35,9%
Operating Leverage (Delta EBIT / Delta Sales) -1,43x 5,07x
Net Margin (Net Profit / Revenue) -1,32% 26,8%
ROA (Net Profit / Asset) -0,40% 1,68%
ROE (Net Profit / Equities) -0,54% 1,12%
Rate of Dividend - 65,3%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   74,6% 55,7%
Cash Flow / Sales 39,2% 43,4%
Capital Intensity (Assets / Sales) 3,31x 16,0x
Financial Leverage (Net Debt / EBITDA) 8,67x 5,45x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend