Financials Henry Boot PLC

Equities

Market Closed - London S.E. Other stock markets 11:35:14 2024-04-26 am EDT			5-day change	1st Jan Change
183.5 ^GBX	+1.10%		+0.82%	-11.78%

Apr. 16	Henry Boot sells half of Chatteris site plots to David Wilson Homes	AN
Mar. 25	EARNINGS AND TRADING: RTC back in profit but Goldplat earnings fall	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	423.1	338.4	377.2	312.7	277.9	245.2	-	-
Enterprise Value (EV) ¹	396.1	309.2	420.7	361.3	355.7	324	328.2	320.7
P/E ratio	-	-	13.6 x	9.55 x	10.8 x	12.5 x	10.2 x	9.86 x
Yield	1.57%	2.16%	2.13%	2.83%	3.52%	4.26%	4.54%	4.81%
Capitalization / Revenue	1.11 x	1.52 x	1.64 x	0.92 x	0.77 x	0.69 x	0.64 x	0.59 x
EV / Revenue	1.04 x	1.39 x	1.82 x	1.06 x	0.99 x	0.91 x	0.86 x	0.77 x
EV / EBITDA	7.23 x	12.4 x	10.3 x	6.98 x	7.7 x	7.9 x	6.77 x	6.11 x
EV / FCF	-	24 x	-9.43 x	-16.2 x	-47.6 x	40.5 x	15.3 x	20.8 x
FCF Yield	-	4.17%	-10.6%	-6.16%	-2.1%	2.47%	6.52%	4.8%
Price to Book	-	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	132,635	132,706	132,826	133,052	133,623	133,623	-	-
Reference price ²	3.190	2.550	2.840	2.350	2.080	1.835	1.835	1.835
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	379.7	222.4	230.6	341.4	359.4	356.8	381.6	415.7
EBITDA ¹	54.81	24.84	40.79	51.79	46.2	41.02	48.47	52.48
EBIT ¹	48.9	17.48	35.57	46.46	40.2	35.27	42.5	46.5
Operating Margin	12.88%	7.86%	15.43%	13.61%	11.19%	9.88%	11.14%	11.19%
Earnings before Tax (EBT) ¹	-	17.08	35.14	45.6	37.3	30.7	37.8	41.45
Net income ¹	-	13.72	28.16	33.32	26.3	21.45	26.3	27.2
Net margin	-	6.17%	12.21%	9.76%	7.32%	6.01%	6.89%	6.54%
EPS ²	-	-	0.2090	0.2460	0.1930	0.1469	0.1791	0.1861
Free Cash Flow ¹	-	12.89	-44.62	-22.27	-7.475	8	21.4	15.4
FCF margin	-	5.79%	-19.35%	-6.52%	-2.08%	2.24%	5.61%	3.7%
FCF Conversion (EBITDA)	-	51.89%	-	-	-	19.5%	44.15%	29.35%
FCF Conversion (Net income)	-	93.89%	-	-	-	37.3%	81.37%	56.62%
Dividend per Share ²	0.0500	0.0550	0.0605	0.0666	0.0733	0.0782	0.0832	0.0882
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	43.5	48.6	77.8	78.8	83	75.5
Net Cash position ¹	27	29.2	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	1.066 x	0.9384 x	1.684 x	1.922 x	1.711 x	1.44 x
Free Cash Flow ¹	-	12.9	-44.6	-22.3	-7.48	8	21.4	15.4
ROE (net income / shareholders' equity)	-	4.39%	8.54%	9.03%	6.63%	4.9%	5.8%	5.1%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share ²	0.0900	0.0900	-0.3200	-0.1600	-0.0200	0.0700	0.1700	0.1200
Capex ¹	1.11	0.92	1.06	0.97	4.07	6	6.2	6.4
Capex / Sales	0.29%	0.42%	0.46%	0.28%	1.13%	1.68%	1.62%	1.54%
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.835 GBP

Average target price

3.383 GBP

Spread / Average Target

+84.38%

	1st Jan change	Capi.
HENRY BOOT PLC	-11.78%	305M
VINCI	-2.29%	67.67B
LARSEN & TOUBRO LIMITED	+2.13%	59.37B
QUANTA SERVICES, INC.	+21.25%	38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B
FERROVIAL SE	+2.06%	26.35B
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B
WSP GLOBAL INC.	+15.06%	19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B
EMCOR GROUP, INC.	+64.33%	16.64B