Financials Baraka Power Limited

Equities

BARKAPOWER

BD0313BELDL0

Independent Power Producers

End-of-day quote Dhaka S.E. 06:00:00 2024-05-01 pm EDT 5-day change 1st Jan Change
13.9 BDT +8.59% Intraday chart for Baraka Power Limited +9.45% -34.74%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 5,422 6,514 4,357 6,287 5,581 5,015
Enterprise Value (EV) 1 8,226 9,785 6,943 8,363 5,581 6,017
P/E ratio 15.5 x 17.4 x 7.68 x 9.02 x 11.1 x 38.1 x
Yield - 3.38% 4.04% 3.75% 4.22% 2.35%
Capitalization / Revenue 1.51 x 1.6 x 0.94 x 1.01 x 3.08 x 2.09 x
EV / Revenue 2.3 x 2.41 x 1.49 x 1.35 x 3.08 x 2.51 x
EV / EBITDA 7.61 x 9.11 x 3.48 x 3.46 x 11.5 x 10.7 x
EV / FCF -42.9 x 1.71 x -48.3 x -18.7 x - 18.3 x
FCF Yield -2.33% 58.3% -2.07% -5.35% - 5.47%
Price to Book 1.44 x 1.61 x 0.99 x 1.28 x - 0.97 x
Nbr of stocks (in thousands) 235,466 235,466 235,466 235,466 235,466 235,466
Reference price 2 23.02 27.66 18.50 26.70 23.70 21.30
Announcement Date 10/27/18 10/24/19 10/27/20 12/15/21 11/17/22 11/2/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 3,580 4,060 4,655 6,195 1,813 2,398
EBITDA 1 1,080 1,074 1,995 2,417 486.4 563.8
EBIT 1 835.1 820.3 1,553 1,947 377.7 438.3
Operating Margin 23.33% 20.2% 33.36% 31.43% 20.83% 18.28%
Earnings before Tax (EBT) 1 513.2 484.8 786 1,078 604.7 277
Net income 1 349.7 375.4 567.1 697.3 501.4 131.6
Net margin 9.77% 9.25% 12.18% 11.26% 27.65% 5.49%
EPS 2 1.485 1.594 2.408 2.961 2.129 0.5587
Free Cash Flow 1 -191.9 5,707 -143.7 -447.5 - 329.1
FCF margin -5.36% 140.56% -3.09% -7.22% - 13.72%
FCF Conversion (EBITDA) - 531.43% - - - 58.37%
FCF Conversion (Net income) - 1,520.38% - - - 250.17%
Dividend per Share - 0.9346 0.7477 1.000 1.000 0.5000
Announcement Date 10/27/18 10/24/19 10/27/20 12/15/21 11/17/22 11/2/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 2,804 3,271 2,586 2,076 - 1,002
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.595 x 3.046 x 1.296 x 0.8592 x - 1.777 x
Free Cash Flow 1 -192 5,707 -144 -447 - 329
ROE (net income / shareholders' equity) 10.1% 8.7% 13.8% 16.9% - 3.09%
ROA (Net income/ Total Assets) 5.51% 3.7% 5.48% 6.62% - 3.94%
Assets 1 6,350 10,139 10,346 10,531 - 3,343
Book Value Per Share 2 16.00 17.20 18.70 20.90 - 22.00
Cash Flow per Share 2 0.5700 0.6500 2.460 8.090 - 0.4900
Capex 1 977 415 1,189 773 372 75.6
Capex / Sales 27.29% 10.23% 25.54% 12.47% 20.51% 3.15%
Announcement Date 10/27/18 10/24/19 10/27/20 12/15/21 11/17/22 11/2/23
1BDT in Million2BDT
Estimates
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