Financials MJL Bangladesh PLC

Equities

MJLBD

BD0313MJLBD7

Oil & Gas Refining and Marketing

End-of-day quote Dhaka S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
81 BDT -2.06% Intraday chart for MJL Bangladesh PLC -2.64% -6.57%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 30,740 28,824 20,494 26,354 29,046 27,462
Enterprise Value (EV) 1 38,937 38,743 29,231 34,165 38,730 40,227
P/E ratio 13.4 x 13.7 x 11.1 x 10.6 x 15.4 x 9.92 x
Yield 4.42% 4.95% 6.96% 6.61% 5.45% 5.77%
Capitalization / Revenue 1.75 x 1.42 x 1.09 x 1.29 x 1.2 x 0.89 x
EV / Revenue 2.22 x 1.91 x 1.55 x 1.68 x 1.6 x 1.31 x
EV / EBITDA 8.28 x 7.78 x 6.23 x 6.56 x 8.56 x 6.15 x
EV / FCF -15.3 x -144 x 11.5 x 22.1 x 19.3 x -7,374 x
FCF Yield -6.55% -0.7% 8.7% 4.52% 5.17% -0.01%
Price to Book 2.72 x 2.55 x 1.77 x 2.1 x 2.26 x 1.96 x
Nbr of stocks (in thousands) 316,752 316,752 316,752 316,752 316,752 316,752
Reference price 2 97.05 91.00 64.70 83.20 91.70 86.70
Announcement Date 11/7/18 8/29/19 11/29/20 11/29/21 12/4/22 12/6/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 17,516 20,296 18,867 20,367 24,266 30,718
EBITDA 1 4,701 4,983 4,691 5,206 4,526 6,546
EBIT 1 3,598 3,670 3,067 3,443 3,400 5,428
Operating Margin 20.54% 18.08% 16.26% 16.9% 14.01% 17.67%
Earnings before Tax (EBT) 1 3,156 3,058 2,596 3,289 2,150 3,179
Net income 1 2,294 2,108 1,845 2,497 1,883 2,769
Net margin 13.1% 10.38% 9.78% 12.26% 7.76% 9.01%
EPS 2 7.242 6.654 5.826 7.884 5.945 8.742
Free Cash Flow 1 -2,551 -269.6 2,543 1,545 2,002 -5.456
FCF margin -14.57% -1.33% 13.48% 7.59% 8.25% -0.02%
FCF Conversion (EBITDA) - - 54.21% 29.69% 44.23% -
FCF Conversion (Net income) - - 137.81% 61.89% 106.29% -
Dividend per Share 2 4.286 4.500 4.500 5.500 5.000 5.000
Announcement Date 11/7/18 8/29/19 11/29/20 11/29/21 12/4/22 12/6/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2024 Q1
Net sales 1 8,504
EBITDA -
EBIT 1 1,672
Operating Margin 19.67%
Earnings before Tax (EBT) -
Net income -
Net margin -
EPS -
Dividend per Share -
Announcement Date 11/16/23
1BDT in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 8,197 9,919 8,737 7,811 9,684 12,765
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.744 x 1.991 x 1.862 x 1.5 x 2.14 x 1.95 x
Free Cash Flow 1 -2,551 -270 2,543 1,545 2,002 -5.46
ROE (net income / shareholders' equity) 19.4% 16.4% 13.7% 17.6% 12.7% 17.9%
ROA (Net income/ Total Assets) 8.12% 7.31% 5.95% 6.59% 6.15% 9.33%
Assets 1 28,263 28,839 30,990 37,918 30,634 29,671
Book Value Per Share 2 35.70 35.60 36.70 39.70 40.60 44.30
Cash Flow per Share 2 1.600 1.070 -2.060 0.8000 1.110 2.040
Capex 1 5,124 2,290 856 1,335 1,499 1,284
Capex / Sales 29.25% 11.28% 4.54% 6.55% 6.18% 4.18%
Announcement Date 11/7/18 8/29/19 11/29/20 11/29/21 12/4/22 12/6/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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