Financials New Zealand King Salmon Investments Limited

Equities

NZK

NZNZKE0003S0

Fishing & Farming

End-of-day quote New Zealand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.26 NZD 0.00% Intraday chart for New Zealand King Salmon Investments Limited 0.00% +15.56%

Valuation

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 312.7 212.6 167.8 111 154.3 139.9 - -
Enterprise Value (EV) 1 343.7 212.6 214.5 95.28 154.3 117.8 111.8 100.5
P/E ratio 17.3 x -30.6 x -2.28 x - - 9.15 x 9.38 x 8.86 x
Yield 0.89% - - - - - - -
Capitalization / Revenue 2.01 x - 0.96 x 0.66 x 0.82 x 0.65 x 0.63 x 0.61 x
EV / Revenue 2.21 x - 1.23 x 0.57 x 0.82 x 0.54 x 0.5 x 0.44 x
EV / EBITDA 13.7 x - -13.8 x -21.6 x 6.3 x 4.04 x 3.73 x 3.2 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.69 x - 1.53 x 0.66 x - 0.68 x 0.63 x 0.59 x
Nbr of stocks (in thousands) 138,986 138,986 138,673 541,455 541,455 538,182 - -
Reference price 2 2.250 1.530 1.210 0.2050 0.2850 0.2600 0.2600 0.2600
Announcement Date 8/26/20 4/1/21 4/13/22 3/28/23 3/26/24 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 155.3 - 174.5 167.1 187.1 216.9 222.3 227.8
EBITDA 1 25.07 - -15.59 -4.415 24.48 29.16 29.99 31.36
EBIT 1 17.12 - -25.72 -11.25 16.89 20.56 19.81 20.56
Operating Margin 11.02% - -14.74% -6.73% 9.03% 9.48% 8.91% 9.02%
Earnings before Tax (EBT) 1 24.95 - -87.59 2.114 40.06 21.23 20.72 21.92
Net income 1 18 -7.079 -73.2 1.891 28.45 15.29 14.92 15.79
Net margin 11.59% - -41.94% 1.13% 15.21% 7.05% 6.71% 6.93%
EPS 2 0.1300 -0.0500 -0.5300 - - 0.0284 0.0277 0.0293
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 0.0200 - - - - - - -
Announcement Date 8/26/20 4/1/21 4/13/22 3/28/23 3/26/24 - - -
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 31 - 46.7 - - - - -
Net Cash position 1 - - - 15.7 - 22.2 28.1 39.4
Leverage (Debt/EBITDA) 1.237 x - -2.998 x - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.37% - -15.6% -6.03% - 7.72% 7% 6.91%
ROA (Net income/ Total Assets) - - -9.76% - - 8.97% 8.3% 8.44%
Assets 1 - - 750.1 - - 170.4 179.7 187
Book Value Per Share 2 1.330 - 0.7900 0.3100 - 0.3800 0.4100 0.4400
Cash Flow per Share 0.0300 - -0.0300 0.0100 - - - -
Capex 1 16.1 - 13.2 5.22 - 25 16 12
Capex / Sales 10.39% - 7.56% 3.12% - 11.53% 7.2% 5.27%
Announcement Date 8/26/20 4/1/21 4/13/22 3/28/23 3/26/24 - - -
1NZD in Million2NZD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.26 NZD
Average target price
0.28 NZD
Spread / Average Target
+7.69%
Consensus

Annual profits - Rate of surprise

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