Financials Spindex Industries Limited

Equities

564

SG1G32866137

Industrial Machinery & Equipment

Market Closed - Singapore S.E. 04:01:27 2024-04-26 am EDT 5-day change 1st Jan Change
0.82 SGD +1.23% Intraday chart for Spindex Industries Limited +1.23% -4.65%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 96.91 103.8 98.06 132.7 122.3 111.9
Enterprise Value (EV) 1 66.54 60.67 49.46 97.71 92.51 69.58
P/E ratio 6.9 x 6.77 x 8.04 x 6.24 x 7.13 x 10.3 x
Yield 3.57% 3.67% 3.29% 3.91% 3.3% 0.52%
Capitalization / Revenue 0.63 x 0.67 x 0.66 x 0.65 x 0.59 x 0.61 x
EV / Revenue 0.43 x 0.39 x 0.33 x 0.48 x 0.45 x 0.38 x
EV / EBITDA 3.47 x 2.28 x 2.09 x 2.8 x 2.76 x 2.66 x
EV / FCF -6.63 x 4.92 x 5.4 x -6.36 x 204 x 4.29 x
FCF Yield -15.1% 20.3% 18.5% -15.7% 0.49% 23.3%
Price to Book 0.88 x 0.87 x 0.77 x 0.9 x 0.77 x 0.74 x
Nbr of stocks (in thousands) 115,365 115,365 115,365 115,365 115,365 115,365
Reference price 2 0.8400 0.9000 0.8500 1.150 1.060 0.9700
Announcement Date 10/8/18 10/7/19 10/8/20 10/5/21 10/10/22 10/10/23
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 153.3 155.8 149.6 204.9 206 183.4
EBITDA 1 19.16 26.58 23.68 34.85 33.55 26.2
EBIT 1 11.42 17.81 14.61 25.14 21.95 14.74
Operating Margin 7.45% 11.43% 9.77% 12.27% 10.65% 8.03%
Earnings before Tax (EBT) 1 16.02 17.99 14.83 25.08 21.78 14.79
Net income 1 14.06 15.33 12.19 21.27 17.16 10.82
Net margin 9.17% 9.84% 8.15% 10.38% 8.33% 5.9%
EPS 2 0.1218 0.1329 0.1057 0.1844 0.1487 0.0938
Free Cash Flow 1 -10.04 12.34 9.151 -15.35 0.4524 16.24
FCF margin -6.54% 7.92% 6.12% -7.49% 0.22% 8.85%
FCF Conversion (EBITDA) - 46.44% 38.64% - 1.35% 61.98%
FCF Conversion (Net income) - 80.51% 75.06% - 2.64% 150.02%
Dividend per Share 2 0.0300 0.0330 0.0280 0.0450 0.0350 0.005000
Announcement Date 10/8/18 10/7/19 10/8/20 10/5/21 10/10/22 10/10/23
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 30.4 43.2 48.6 35 29.8 42.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -10 12.3 9.15 -15.4 0.45 16.2
ROE (net income / shareholders' equity) 13.5% 13.4% 9.88% 15.4% 11.2% 6.96%
ROA (Net income/ Total Assets) 4.88% 7.09% 5.57% 8.12% 6.07% 4.21%
Assets 1 287.8 216.2 219.1 261.8 282.5 257.1
Book Value Per Share 2 0.9600 1.030 1.110 1.280 1.380 1.320
Cash Flow per Share 2 0.2500 0.3700 0.4400 0.3800 0.4000 0.4000
Capex 1 20.9 6.59 8.88 30.5 21.9 9.43
Capex / Sales 13.62% 4.23% 5.93% 14.88% 10.63% 5.14%
Announcement Date 10/8/18 10/7/19 10/8/20 10/5/21 10/10/22 10/10/23
1SGD in Million2SGD
Estimates
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