Financials Brown and Company PLC

Equities

BRWN.N0000

LK0018N00008

Diversified Industrial Goods Wholesale

End-of-day quote Colombo S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
122.8 LKR +4.69% Intraday chart for Brown and Company PLC +12.61% +22.75%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 4,890 10,206 8,930 33,010 28,385 25,409
Enterprise Value (EV) 1 18,184 31,670 42,540 88,414 121,972 115,979
P/E ratio 6.01 x 6.65 x 2.47 x -1,941 x 1.31 x -4.08 x
Yield - - - - - -
Capitalization / Revenue 0.24 x 0.48 x 0.44 x 1.12 x 0.56 x 0.35 x
EV / Revenue 0.88 x 1.49 x 2.08 x 3.01 x 2.42 x 1.6 x
EV / EBITDA 12.6 x 22.2 x -611 x 29.1 x 28 x 8.11 x
EV / FCF -4.34 x -3.31 x -17.4 x -8.82 x 4.3 x 6.24 x
FCF Yield -23.1% -30.2% -5.76% -11.3% 23.3% 16%
Price to Book 0.25 x 0.4 x 0.3 x 0.7 x 0.33 x 0.32 x
Nbr of stocks (in thousands) 70,875 212,625 212,625 212,625 212,625 212,625
Reference price 2 69.00 48.00 42.00 155.2 133.5 119.5
Announcement Date 8/31/18 8/27/19 11/4/20 8/31/21 9/1/22 8/31/23
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 20,554 21,194 20,439 29,391 50,304 72,652
EBITDA 1 1,438 1,427 -69.63 3,034 4,351 14,309
EBIT 1 751.6 689.7 -1,938 561.9 2,204 8,545
Operating Margin 3.66% 3.25% -9.48% 1.91% 4.38% 11.76%
Earnings before Tax (EBT) 1 2,432 117.8 -970.4 -2,783 30,304 -11,108
Net income 1 814 1,274 3,620 -16.05 21,589 -6,230
Net margin 3.96% 6.01% 17.71% -0.05% 42.92% -8.58%
EPS 2 11.48 7.220 17.03 -0.0800 101.5 -29.30
Free Cash Flow 1 -4,192 -9,558 -2,449 -10,019 28,391 18,578
FCF margin -20.4% -45.1% -11.98% -34.09% 56.44% 25.57%
FCF Conversion (EBITDA) - - - - 652.53% 129.83%
FCF Conversion (Net income) - - - - 131.51% -
Dividend per Share - - - - - -
Announcement Date 8/31/18 8/27/19 11/4/20 8/31/21 9/1/22 8/31/23
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 13,293 21,464 33,609 55,404 93,586 90,570
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.241 x 15.04 x -482.7 x 18.26 x 21.51 x 6.329 x
Free Cash Flow 1 -4,192 -9,558 -2,449 -10,019 28,391 18,578
ROE (net income / shareholders' equity) 5.55% 0.01% -2.46% -3.85% 21.2% -7.04%
ROA (Net income/ Total Assets) 0.66% 0.51% -1.01% 0.2% 0.45% 1.21%
Assets 1 122,437 248,384 -359,301 -7,846 4,789,055 -514,650
Book Value Per Share 2 273.0 121.0 142.0 221.0 401.0 372.0
Cash Flow per Share 2 12.60 6.920 7.750 14.00 26.20 24.10
Capex 1 3,471 5,284 7,839 5,298 5,436 14,132
Capex / Sales 16.89% 24.93% 38.36% 18.03% 10.81% 19.45%
Announcement Date 8/31/18 8/27/19 11/4/20 8/31/21 9/1/22 8/31/23
1LKR in Million2LKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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