Financials Index Agro Industries Limited

Equities

INDEXAGRO

BD0643IAIL08

Food Processing

End-of-day quote Dhaka S.E. 06:00:00 2024-05-01 pm EDT 5-day change 1st Jan Change
71.2 BDT +6.91% Intraday chart for Index Agro Industries Limited +9.88% -31.27%

Valuation

Fiscal Period: June 2021 2022 2023
Capitalization 1 5,132 4,825 4,895
Enterprise Value (EV) 1 6,794 7,156 7,758
P/E ratio 19.3 x 20.1 x 19.8 x
Yield - 0.98% 1.93%
Capitalization / Revenue 1.4 x 1.16 x 1.17 x
EV / Revenue 1.85 x 1.72 x 1.85 x
EV / EBITDA 16.9 x 16.6 x 13.4 x
EV / FCF -6.46 x -18.3 x -14.7 x
FCF Yield -15.5% -5.46% -6.81%
Price to Book 1.86 x 1.62 x 1.35 x
Nbr of stocks (in thousands) 47,254 47,254 47,254
Reference price 2 108.6 102.1 103.6
Announcement Date 10/7/22 10/7/22 10/25/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Giugno 2018 2019 2020 2021 2022 2023
Net sales 1 4,325 4,326 4,047 3,673 4,154 4,191
EBITDA 1 435.2 510.4 464.7 402.4 431.1 581.1
EBIT 1 379.9 455.8 409.2 350.6 382.1 530.7
Operating Margin 8.78% 10.53% 10.11% 9.55% 9.2% 12.66%
Earnings before Tax (EBT) 1 306.9 328.2 303.8 267.7 288.8 290.1
Net income 1 265.2 275.7 264.4 232.6 240.6 246.6
Net margin 6.13% 6.37% 6.53% 6.33% 5.79% 5.89%
EPS 2 6.800 7.070 6.781 5.634 5.092 5.220
Free Cash Flow 1 -111.9 -360.2 189.4 -1,052 -390.5 -528.3
FCF margin -2.59% -8.33% 4.68% -28.64% -9.4% -12.6%
FCF Conversion (EBITDA) - - 40.75% - - -
FCF Conversion (Net income) - - 71.62% - - -
Dividend per Share - - - - 1.000 2.000
Announcement Date 10/22/19 10/22/19 10/20/20 10/7/22 10/7/22 10/25/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 698 1,025 776 1,662 2,332 2,863
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.604 x 2.009 x 1.67 x 4.13 x 5.41 x 4.927 x
Free Cash Flow 1 -112 -360 189 -1,052 -391 -528
ROE (net income / shareholders' equity) 19.7% 17% 14% 9.74% 8.4% 7.46%
ROA (Net income/ Total Assets) 9.9% 9.96% 7.96% 5.3% 4.36% 5.05%
Assets 1 2,677 2,768 3,323 4,392 5,521 4,883
Book Value Per Share 2 38.00 45.00 51.80 58.30 62.90 77.00
Cash Flow per Share 2 2.560 2.770 3.770 6.110 5.260 4.670
Capex 1 125 0.45 2.64 18.2 36.6 179
Capex / Sales 2.88% 0.01% 0.07% 0.49% 0.88% 4.27%
Announcement Date 10/22/19 10/22/19 10/20/20 10/7/22 10/7/22 10/25/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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