Financials B-Gaming S.A.

Equities

GAMI

ARBOLG010010

IT Services & Consulting

End-of-day quote Buenos Aires S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
218.8 ARS -0.46% Intraday chart for B-Gaming S.A. -3.53% +39.55%

Valuation

Fiscal Period: Oktober 2018 2019 2020 2021 2022 2023
Capitalization 1 697.5 3,850 8,700 13,804 25,670 46,240
Enterprise Value (EV) 1 462.3 3,722 8,694 13,685 25,049 46,813
P/E ratio 1.18 x 5.07 x 14.1 x 12.4 x 25.8 x 48.9 x
Yield - - - 9.85% - -
Capitalization / Revenue 0.36 x 1.33 x 2.86 x 2.54 x 2.63 x 2.08 x
EV / Revenue 0.24 x 1.28 x 2.86 x 2.52 x 2.56 x 2.11 x
EV / EBITDA 0.47 x 2.77 x 7.15 x 6.49 x 8.28 x 9.87 x
EV / FCF 0.84 x 7.67 x 21.6 x 8.19 x 9.1 x 22.8 x
FCF Yield 119% 13% 4.63% 12.2% 11% 4.38%
Price to Book 1.83 x 4.78 x 7.08 x 9.03 x 14 x 10.2 x
Nbr of stocks (in thousands) 45,000 50,000 50,000 340,000 340,000 340,000
Reference price 2 15.50 77.00 174.0 40.60 75.50 136.0
Announcement Date 1/10/19 1/10/20 1/12/21 1/10/22 1/9/23 1/9/24
1ARS in Million2ARS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober 2018 2019 2020 2021 2022 2023
Net sales 1 1,918 2,900 3,039 5,438 9,778 22,195
EBITDA 1 983.9 1,342 1,216 2,108 3,025 4,743
EBIT 1 919 1,204 1,050 1,834 2,612 4,082
Operating Margin 47.92% 41.53% 34.54% 33.73% 26.72% 18.39%
Earnings before Tax (EBT) 1 1,009 1,167 887.7 1,632 1,875 1,814
Net income 1 656.7 759.1 616.1 1,112 995.3 944.8
Net margin 34.24% 26.18% 20.27% 20.44% 10.18% 4.26%
EPS 2 13.13 15.18 12.32 3.270 2.927 2.779
Free Cash Flow 1 548.3 485.5 402.5 1,672 2,752 2,052
FCF margin 28.59% 16.75% 13.24% 30.74% 28.15% 9.24%
FCF Conversion (EBITDA) 55.73% 36.19% 33.11% 79.3% 90.97% 43.26%
FCF Conversion (Net income) 83.5% 63.96% 65.34% 150.37% 276.5% 217.16%
Dividend per Share - - - 4.000 - -
Announcement Date 1/10/19 1/10/20 1/12/21 1/10/22 1/9/23 1/9/24
1ARS in Million2ARS
Estimates

Balance Sheet Analysis

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 573
Net Cash position 1 235 128 5.94 119 621 -
Leverage (Debt/EBITDA) - - - - - 0.1208 x
Free Cash Flow 1 548 486 403 1,672 2,752 2,052
ROE (net income / shareholders' equity) 198% 95.4% 52.8% 65.4% 42.3% 21.1%
ROA (Net income/ Total Assets) 76.6% 54.9% 33.9% 39.1% 37.7% 24.2%
Assets 1 857.2 1,384 1,816 2,844 2,641 3,906
Book Value Per Share 2 8.470 16.10 24.60 4.490 5.380 13.30
Cash Flow per Share 2 0.5700 0.9200 1.370 0.2600 0.4900 0.6400
Capex 1 52.4 124 134 211 198 664
Capex / Sales 2.73% 4.29% 4.42% 3.87% 2.03% 2.99%
Announcement Date 1/10/19 1/10/20 1/12/21 1/10/22 1/9/23 1/9/24
1ARS in Million2ARS
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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