MAINFREIGHT LIMITED

MFT
End-of-day quote. End-of-day quote  - 07/27
78.65NZD +0.19%
Valuation
Fiscal Period: March 2021 2022
Capitalization1 6 9887 920
Entreprise Value (EV)1 7 0597 976
P/E ratio 37,2x34,9x
Yield 1,08%1,17%
Capitalization / Revenue 1,97x1,99x
EV / Revenue 1,99x2,00x
EV / EBITDA 15,1x15,2x
Price to Book 6,27x6,23x
Nbr of stocks (in thousands) 100 699100 699
Reference price (NZD) 69,478,7
Announcement Date 05/26/2021-
Previous period Next period
1 NZD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: March 2021 2022
Net sales1 3 5443 979
EBITDA1 467526
Operating profit (EBIT)1 284339
Operating Margin 8,02%8,51%
Pre-Tax Profit (EBT)1 262310
Net income1 188225
Net margin 5,31%5,64%
EPS2 1,872,25
Dividend per Share2 0,750,92
Announcement Date 05/26/2021-
Previous period Next period
1 NZD in Million
2 NZD
Finances - Leverage
Fiscal Period: March 2021 2022
Net Debt1 70,455,8
Net Cash position1 --
Leverage (Debt / EBITDA) 0,15x0,11x
Free Cash Flow --
ROE (Net Profit / Equities) 18,1%18,5%
Shareholders' equity1 1 0411 211
ROA (Net Profit / Asset) 7,85%26,3%
Assets1 2 396854
Book Value Per Share2 11,112,6
Cash Flow per Share --
Capex1 122200
Capex / Sales 3,44%5,02%
Announcement Date 05/26/2021-
Previous period Next period
1 NZD in Million
2 NZD
Financial Ratios
Size 2022e 2023e
Capitalization 7 920 M NZD -
Entreprise Value (EV) 7 976 M NZD 7 899 M NZD
Valuation 2022e 2023e
P/E ratio (Price / EPS) 34,9x 30,9x
Capitalization / Revenue 1,99x 1,83x
EV / Revenue 2,00x 1,85x
EV / EBITDA 15,2x 13,8x
Yield (DPS / Price) 1,17% 1,35%
Price to book (Price / BVPS) 6,23x 5,52x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 8,51% 8,79%
Operating Leverage (Delta EBIT / Delta Sales) 1,56x 1,42x
Net Margin (Net Profit / Revenue) 5,64% 5,89%
ROA (Net Profit / Asset) 26,3% 26,1%
ROE (Net Profit / Equities) 18,5% 18,2%
Rate of Dividend 41,0% 41,8%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   5,02% 5,29%
Cash Flow / Sales - -
Capital Intensity (Assets / Sales) 0,21x 0,23x
Financial Leverage (Net Debt / EBITDA) 0,11x -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend