SANFORD LIMITED

SAN
End-of-day quote. End-of-day quote  - 11/30
4.98NZD +2.05%
Valuation
Fiscal Period: September 2021 2022
Capitalization1 477466
Entreprise Value (EV)1 477645
P/E ratio 29,3x22,4x
Yield -0,50%
Capitalization / Revenue 0,97x0,90x
EV / Revenue 0,97x1,24x
EV / EBITDA 9,07x9,33x
Price to Book -0,71x
Nbr of stocks (in thousands) 93 50693 506
Reference price (NZD) 5,104,98
Announcement Date 11/17/2021-
Previous period Next period
1 NZD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: September 2021 2022
Net sales1 490518
EBITDA1 52,669,1
Operating profit (EBIT)1 23,339,6
Operating Margin 4,76%7,65%
Pre-Tax Profit (EBT)1 20,028,6
Net income1 16,320,8
Net margin 3,32%4,01%
EPS2 0,170,22
Dividend per Share2 -0,03
Announcement Date 11/17/2021-
Previous period Next period
1 NZD in Million
2 NZD
Finances - Leverage
Fiscal Period: September 2021 2022
Net Debt1 -179
Net Cash position1 --
Leverage (Debt / EBITDA) -2,59x
Free Cash Flow --
ROE (Net Profit / Equities) -3,47%
Shareholders' equity1 -599
ROA (Net Profit / Asset) -4,30%
Assets1 -483
Book Value Per Share2 -6,99
Cash Flow per Share2 -0,59
Capex1 -50,0
Capex / Sales -9,65%
Announcement Date 11/17/2021-
Previous period Next period
1 NZD in Million
2 NZD
Financial Ratios
Size 2022e 2023e
Capitalization 466 M NZD -
Entreprise Value (EV) 645 M NZD 648 M NZD
Valuation 2022e 2023e
P/E ratio (Price / EPS) 22,4x 15,8x
Capitalization / Revenue 0,90x 0,86x
EV / Revenue 1,24x 1,19x
EV / EBITDA 9,33x 7,96x
Yield (DPS / Price) 0,50% 2,51%
Price to book (Price / BVPS) 0,71x 0,69x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 7,65% 9,11%
Operating Leverage (Delta EBIT / Delta Sales) 12,0x 5,06x
Net Margin (Net Profit / Revenue) 4,01% 5,42%
ROA (Net Profit / Asset) 4,30% 5,56%
ROE (Net Profit / Equities) 3,47% 4,40%
Rate of Dividend 11,3% 39,7%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   9,65% 8,95%
Cash Flow / Sales 10,7% 11,6%
Capital Intensity (Assets / Sales) 0,93x 0,97x
Financial Leverage (Net Debt / EBITDA) 2,59x 2,25x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend