BHG RETAIL REIT

BMGU
End-of-day quote. End-of-day quote  - 09/24
0.57SGD 0.00%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 281293
Entreprise Value (EV)1 281537
P/E ratio -262x32,2x
Yield -4,11%
Capitalization / Revenue 4,64x4,23x
EV / Revenue 4,64x7,76x
EV / EBITDA -13,9x
Price to Book -0,67x
Nbr of stocks (in thousands) 510 995513 182
Reference price (SGD) 0,550,57
Announcement Date 02/26/2021-
Previous period Next period
1 SGD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 60,669,2
EBITDA1 -38,7
Operating profit (EBIT)1 -38,2
Operating Margin -55,1%
Pre-Tax Profit (EBT)1 -24,2
Net income1 -9,11
Net margin -13,2%
EPS2 0,000,02
Dividend per Share2 -0,02
Announcement Date 02/26/2021-
Previous period Next period
1 SGD in Million
2 SGD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 -244
Net Cash position1 --
Leverage (Debt / EBITDA) -6,32x
Free Cash Flow1 -33,2
ROE (Net Profit / Equities) -2,07%
Shareholders' equity1 -440
ROA (Net Profit / Asset) -0,92%
Assets1 -992
Book Value Per Share2 -0,86
Cash Flow per Share2 -0,04
Capex1 -4,44
Capex / Sales -6,42%
Announcement Date 02/26/2021-
Previous period Next period
1 SGD in Million
2 SGD
Financial Ratios
Size 2021e 2022e
Capitalization 293 M SGD -
Entreprise Value (EV) 537 M SGD 539 M SGD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 32,2x 24,8x
Capitalization / Revenue 4,23x 3,94x
EV / Revenue 7,76x 7,23x
EV / EBITDA 13,9x 12,6x
Yield (DPS / Price) 4,11% 4,85%
Price to book (Price / BVPS) 0,67x 0,67x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 55,1% 56,9%
Operating Leverage (Delta EBIT / Delta Sales) - 1,46x
Net Margin (Net Profit / Revenue) 13,2% 16,0%
ROA (Net Profit / Asset) 0,92% 1,21%
ROE (Net Profit / Equities) 2,07% 2,70%
Rate of Dividend 132% 120%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   6,42% 5,98%
Cash Flow / Sales 32,1% 34,0%
Capital Intensity (Assets / Sales) 14,3x 13,3x
Financial Leverage (Net Debt / EBITDA) 6,32x 5,76x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend