Financials Lewis Group Limited

Equities

LEW

ZAE000058236

Home Furnishings Retailers

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
44 ZAR 0.00% Intraday chart for Lewis Group Limited +1.15% +2.33%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,638 2,582 1,395 2,164 2,948 2,343
Enterprise Value (EV) 1 3,425 2,036 1,715 2,299 3,515 3,334
P/E ratio 14 x 8.44 x 7.91 x 5.43 x 6.1 x 6.15 x
Yield 4.74% 7.52% 10.4% 10.7% 8.79% 10.1%
Capitalization / Revenue 0.65 x 0.42 x 0.22 x 0.32 x 0.41 x 0.31 x
EV / Revenue 0.62 x 0.33 x 0.27 x 0.34 x 0.48 x 0.45 x
EV / EBITDA 7.36 x 3.9 x 4.86 x 2.9 x 4.11 x 4.21 x
EV / FCF 6.81 x 1.66 x 4.37 x 3.85 x 6.81 x 14.8 x
FCF Yield 14.7% 60.1% 22.9% 26% 14.7% 6.76%
Price to Book 0.65 x 0.51 x 0.29 x 0.45 x 0.62 x 0.51 x
Nbr of stocks (in thousands) 86,197 83,011 78,262 70,473 62,733 57,151
Reference price 2 42.20 31.10 17.82 30.71 47.00 41.00
Announcement Date 5/23/18 5/22/19 8/25/20 5/27/21 5/26/22 5/25/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 5,557 6,137 6,453 6,726 7,256 7,483
EBITDA 1 465.2 521.6 352.9 792.3 854.4 792.4
EBIT 1 379.3 443 280.3 735.2 766.8 702.8
Operating Margin 6.83% 7.22% 4.34% 10.93% 10.57% 9.39%
Earnings before Tax (EBT) 1 392.5 463.8 272.8 604.4 673.9 561.5
Net income 1 264.1 309.5 182.4 432.9 483.1 407.1
Net margin 4.75% 5.04% 2.83% 6.44% 6.66% 5.44%
EPS 2 3.013 3.687 2.254 5.653 7.708 6.662
Free Cash Flow 1 503.3 1,225 392.8 597.6 516.5 225.3
FCF margin 9.06% 19.95% 6.09% 8.88% 7.12% 3.01%
FCF Conversion (EBITDA) 108.19% 234.77% 111.32% 75.42% 60.45% 28.44%
FCF Conversion (Net income) 190.58% 395.65% 215.37% 138.04% 106.91% 55.35%
Dividend per Share 2 2.000 2.340 1.850 3.280 4.130 4.130
Announcement Date 5/23/18 5/22/19 8/25/20 5/27/21 5/26/22 5/25/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 321 135 566 991
Net Cash position 1 212 545 - - - -
Leverage (Debt/EBITDA) - - 0.9088 x 0.1705 x 0.6628 x 1.25 x
Free Cash Flow 1 503 1,225 393 598 516 225
ROE (net income / shareholders' equity) 4.85% 6% 3.81% 9.04% 10.1% 8.73%
ROA (Net income/ Total Assets) 3.33% 4.36% 2.66% 6.47% 6.98% 6.3%
Assets 1 7,940 7,101 6,860 6,695 6,920 6,467
Book Value Per Share 2 65.30 60.80 61.30 68.10 75.30 80.80
Cash Flow per Share 2 7.300 2.550 15.50 6.250 4.920 3.210
Capex 1 44.4 88.6 98.8 115 112 119
Capex / Sales 0.8% 1.44% 1.53% 1.71% 1.54% 1.59%
Announcement Date 5/23/18 5/22/19 8/25/20 5/27/21 5/26/22 5/25/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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