Financials Autosports Group Limited

Equities

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
2.57 ^AUD	-1.15%		-1.91%	+9.83%

Feb. 22	Transcript : Autosports Group Limited, H1 2024 Earnings Call, Feb 22, 2024
Feb. 21	Autosports Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	252.3	235.2	512.6	306.3	408	516.6	-	-
Enterprise Value (EV) ¹	715.1	850	781.8	559.3	1,269	1,190	1,205	1,225
P/E ratio	16.2 x	-2.3 x	12.3 x	5.72 x	6.29 x	6.94 x	7.61 x	7.93 x
Yield	3.98%	1.62%	3.53%	10.5%	9.36%	7.71%	7.24%	7.1%
Capitalization / Revenue	0.15 x	0.14 x	0.26 x	0.16 x	0.17 x	0.19 x	0.18 x	0.17 x
EV / Revenue	0.42 x	0.5 x	0.4 x	0.3 x	0.54 x	0.43 x	0.42 x	0.41 x
EV / EBITDA	13.7 x	9.62 x	8.4 x	3.75 x	6.41 x	5.46 x	5.7 x	5.87 x
EV / FCF	-	15 x	8.48 x	8.49 x	39.2 x	12.6 x	22.7 x	26 x
FCF Yield	-	6.67%	11.8%	11.8%	2.55%	7.92%	4.41%	3.84%
Price to Book	0.51 x	0.62 x	1.23 x	0.69 x	0.86 x	1.02 x	0.97 x	0.92 x
Nbr of stocks (in thousands)	201,000	201,000	201,000	201,522	201,000	201,000	-	-
Reference price ²	1.255	1.170	2.550	1.520	2.030	2.570	2.570	2.570
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

¹AUD in Million²AUD

Estimates

Fiscal Period: Juni	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,694	1,702	1,978	1,876	2,371	2,751	2,890	2,984
EBITDA ¹	52.18	88.37	93.1	149.1	198	218.2	211.3	208.8
EBIT ¹	41.13	44.79	84.6	102.2	149.4	160	149.8	144.5
Operating Margin	2.43%	2.63%	4.28%	5.45%	6.3%	5.82%	5.18%	4.84%
Earnings before Tax (EBT) ¹	23.1	-97.75	-	-	100.3	111.2	90.9	80.6
Net income ¹	15.66	-102.4	41.9	54.6	65.43	72.14	67.86	63.72
Net margin	0.92%	-6.02%	2.12%	2.91%	2.76%	2.62%	2.35%	2.14%
EPS ²	0.0776	-0.5097	0.2067	0.2656	0.3228	0.3701	0.3377	0.3241
Free Cash Flow ¹	-	56.72	92.2	65.91	32.34	94.3	53.1	47.1
FCF margin	-	3.33%	4.66%	3.51%	1.36%	3.43%	1.84%	1.58%
FCF Conversion (EBITDA)	-	64.18%	99.03%	44.19%	16.33%	43.21%	25.13%	22.56%
FCF Conversion (Net income)	-	-	220.05%	120.71%	49.42%	130.71%	78.25%	73.92%
Dividend per Share ²	0.0500	0.0190	0.0900	0.1600	0.1900	0.1982	0.1860	0.1825
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

¹AUD in Million²AUD

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	463	615	269	253	861	674	688	709
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	8.872 x	6.957 x	2.892 x	1.696 x	4.348 x	3.088 x	3.256 x	3.394 x
Free Cash Flow ¹	-	56.7	92.2	65.9	32.3	94.3	53.1	47.1
ROE (net income / shareholders' equity)	3.37%	4.27%	12%	13%	16.5%	14.8%	12.6%	11.7%
ROA (Net income/ Total Assets)	-	1.52%	3.99%	4.62%	5.32%	6.93%	6.61%	5.98%
Assets ¹	-	-6,741	1,051	1,182	1,230	1,041	1,027	1,066
Book Value Per Share ²	2.480	1.880	2.080	2.210	2.350	2.510	2.660	2.800
Cash Flow per Share ²	0.1100	0	0.6200	0.6700	0.8200	0.7300	1.090	0.6700
Capex ¹	14.2	27.1	33.6	69.1	134	30.4	27	27.4
Capex / Sales	0.84%	1.59%	1.7%	3.68%	5.64%	1.1%	0.93%	0.92%
Announcement Date	8/28/19	8/27/20	8/29/21	8/23/22	8/22/23	-	-	-

¹AUD in Million²AUD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.57 AUD

Average target price

3.258 AUD

Spread / Average Target

+26.77%

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