Financials Murray & Roberts Holdings Limited

Equities

MUR

ZAE000073441

Construction & Engineering

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.16 ZAR +1.75% Intraday chart for Murray & Roberts Holdings Limited -0.85% -22.15%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,747 1,987 4,117 4,410 385.8 468 - -
Enterprise Value (EV) 1 3,947 2,094 4,117 4,410 385.8 386 4.999 -360
P/E ratio - - - - -0.12 x -4.14 x 2.11 x 1.49 x
Yield 3.79% - - - - - 7.76% 23.3%
Capitalization / Revenue 0.28 x 0.1 x - - 0.03 x 0.04 x 0.03 x 0.03 x
EV / Revenue 0.2 x 0.1 x - - 0.03 x 0.03 x 0 x -0.02 x
EV / EBITDA 3.11 x 2.51 x 2.89 x 2.44 x 0.86 x 0.62 x 0.01 x -0.39 x
EV / FCF - - - - - 1.6 x 0.01 x -0.63 x
FCF Yield - - - - - 62.7% 10,263% -159%
Price to Book - - - - - 0.27 x 0.25 x 0.23 x
Nbr of stocks (in thousands) 396,329 397,414 397,732 391,968 401,840 403,447 - -
Reference price 2 14.50 5.000 10.35 11.25 0.9600 1.160 1.160 1.160
Announcement Date 8/28/19 8/26/20 9/1/21 9/1/22 8/30/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,200 20,838 - - 12,460 13,311 14,070 15,307
EBITDA 1 1,268 834 1,423 1,806 451 619 864 933
EBIT 1 791 -17 540 705 91 253 490 553
Operating Margin 3.92% -0.08% - - 0.73% 1.9% 3.48% 3.61%
Earnings before Tax (EBT) - - - - - - 401 504
Net income 1 - - -167 133 -3,179 -116 224 318
Net margin - - - - -25.51% -0.87% 1.59% 2.08%
EPS 2 - - - - -7.890 -0.2800 0.5500 0.7800
Free Cash Flow 1 - - - - - 242 513 572
FCF margin - - - - - 1.82% 3.65% 3.74%
FCF Conversion (EBITDA) - - - - - 39.1% 59.38% 61.31%
FCF Conversion (Net income) - - - - - - 229.02% 179.87%
Dividend per Share 2 0.5500 - - - - - 0.0900 0.2700
Announcement Date 8/28/19 8/26/20 9/1/21 9/1/22 8/30/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2
Net sales 1 10,772 - 10,772 - - - - 6,561
EBITDA 1 - 22 - 868 - - - 182
EBIT 1 - -436 - 423 - 368 - 11
Operating Margin - - - - - - - 0.17%
Earnings before Tax (EBT) - - - - - - - -
Net income 1 - - - - 55 78 -2,529 -646
Net margin - - - - - - - -9.85%
EPS 2 0.4000 - -0.4200 - 0.3000 - -6.270 -1.620
Dividend per Share 2 - - - - - - - -
Announcement Date 3/4/20 8/26/20 3/3/21 9/1/21 3/2/22 9/1/22 3/1/23 8/30/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 107 - - - - - -
Net Cash position 1 1,800 - - - - 82 463 828
Leverage (Debt/EBITDA) - 0.1283 x - - - - - -
Free Cash Flow 1 - - - - - 242 513 572
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - - - - 4.250 4.600 5.100
Cash Flow per Share - - - - - - - -
Capex 1 469 156 - - - 209 223 242
Capex / Sales 2.32% 0.75% - - - 1.57% 1.58% 1.58%
Announcement Date 8/28/19 8/26/20 9/1/21 9/1/22 8/30/23 - - -
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
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