Financials BlackWall Limited

Equities

BWF

AU000000BWF4

Investment Management & Fund Operators

Market Closed - Australian S.E. 08:37:52 2024-04-25 pm EDT 5-day change 1st Jan Change
0.44 AUD +2.33% Intraday chart for BlackWall Limited 0.00% -12.00%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 57.99 56.17 22.42 35.36 45.54 36.44
Enterprise Value (EV) 1 59.17 45.74 22.01 32.82 44.84 35.98
P/E ratio 7.09 x 17.1 x 4.94 x 11.8 x 27 x -36 x
Yield 4.21% 4.61% 11.5% 8.93% 7.41% 9.26%
Capitalization / Revenue 2.23 x 2.76 x 1.89 x 4.85 x 7.17 x 5.27 x
EV / Revenue 2.28 x 2.25 x 1.85 x 4.5 x 7.06 x 5.21 x
EV / EBITDA 4.68 x 6.97 x 3.74 x 9.46 x 23.4 x 17.5 x
EV / FCF 20.8 x 2.9 x 6.65 x 8.72 x 50.7 x 19.9 x
FCF Yield 4.81% 34.5% 15% 11.5% 1.97% 5.03%
Price to Book 1.95 x 1.78 x 1.03 x 1.61 x 2.02 x 2 x
Nbr of stocks (in thousands) 61,040 63,115 63,141 63,141 67,466 67,480
Reference price 2 0.9500 0.8900 0.3550 0.5600 0.6750 0.5400
Announcement Date 8/30/18 8/26/19 8/26/20 8/17/21 8/17/22 8/29/23
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 25.99 20.35 11.89 7.288 6.355 6.91
EBITDA 1 12.64 6.567 5.887 3.471 1.92 2.055
EBIT 1 11.94 5.769 5.638 3.42 1.876 1.878
Operating Margin 45.92% 28.35% 47.42% 46.93% 29.52% 27.18%
Earnings before Tax (EBT) 1 10.76 4.495 5.752 3.899 1.856 -1.349
Net income 1 8.062 3.189 4.536 3.029 1.646 -1.006
Net margin 31.01% 15.67% 38.15% 41.56% 25.9% -14.56%
EPS 2 0.1340 0.0520 0.0719 0.0476 0.0250 -0.0150
Free Cash Flow 1 2.844 15.76 3.311 3.765 0.8838 1.809
FCF margin 10.94% 77.47% 27.85% 51.66% 13.91% 26.18%
FCF Conversion (EBITDA) 22.49% 240.02% 56.25% 108.47% 46.03% 88.05%
FCF Conversion (Net income) 35.27% 494.27% 73% 124.29% 53.69% -
Dividend per Share 2 0.0400 0.0410 0.0410 0.0500 0.0500 0.0500
Announcement Date 8/30/18 8/26/19 8/26/20 8/17/21 8/17/22 8/29/23
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 1.18 - - - - -
Net Cash position 1 - 10.4 0.4 2.54 0.7 0.46
Leverage (Debt/EBITDA) 0.0931 x - - - - -
Free Cash Flow 1 2.84 15.8 3.31 3.76 0.88 1.81
ROE (net income / shareholders' equity) 30.1% 10.8% 15.8% 13.9% 7.39% -4.93%
ROA (Net income/ Total Assets) 21.5% 9.49% 10.9% 7.86% 4.31% 4.31%
Assets 1 37.55 33.6 41.77 38.53 38.17 -23.35
Book Value Per Share 2 0.4900 0.5000 0.3500 0.3500 0.3300 0.2700
Cash Flow per Share 2 0.0200 0.1800 0.0400 0.0500 0.0200 0.0900
Capex 1 0.03 0.07 0.73 0.03 0.03 0.07
Capex / Sales 0.11% 0.34% 6.12% 0.38% 0.39% 1.01%
Announcement Date 8/30/18 8/26/19 8/26/20 8/17/21 8/17/22 8/29/23
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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