Financials Stadio Holdings Limited

Equities

SDO

ZAE000248662

Miscellaneous Educational Service Providers

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.67 ZAR -0.64% Intraday chart for Stadio Holdings Limited -1.68% -10.54%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,854 1,636 1,640 3,181 4,176 4,440
Enterprise Value (EV) 1 2,597 1,761 1,736 3,315 4,198 4,425
P/E ratio 45.3 x 23.8 x -13.4 x 25.9 x 25.7 x 21.7 x
Yield - - - 1.25% 1.81% 1.92%
Capitalization / Revenue 4.47 x 1.99 x 1.75 x 2.9 x 3.44 x 3.14 x
EV / Revenue 4.06 x 2.14 x 1.86 x 3.02 x 3.46 x 3.13 x
EV / EBITDA 20.5 x 10.3 x 7.57 x 12.2 x 13.3 x 12.8 x
EV / FCF -293 x -71.6 x 11.8 x -43.9 x 25.5 x 18 x
FCF Yield -0.34% -1.4% 8.5% -2.28% 3.93% 5.55%
Price to Book 1.73 x 1.04 x 1.1 x 1.93 x 2.36 x 2.46 x
Nbr of stocks (in thousands) 817,714 818,095 840,997 848,193 850,527 850,545
Reference price 2 3.490 2.000 1.950 3.750 4.910 5.220
Announcement Date 3/1/19 3/4/20 3/15/21 3/14/22 3/15/23 2/29/24
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 639 821.3 934.9 1,098 1,214 1,414
EBITDA 1 126.4 171.7 229.5 270.6 315.3 346.9
EBIT 1 95.17 134.2 188.2 234.5 277.9 307.9
Operating Margin 14.89% 16.33% 20.13% 21.36% 22.89% 21.78%
Earnings before Tax (EBT) 1 113.4 127.5 -78.63 200.7 269.7 324
Net income 1 63.27 69.84 -119.8 126 165.6 208.2
Net margin 9.9% 8.5% -12.81% 11.48% 13.65% 14.73%
EPS 2 0.0770 0.0840 -0.1453 0.1450 0.1910 0.2410
Free Cash Flow 1 -8.874 -24.59 147.5 -75.44 164.9 245.4
FCF margin -1.39% -2.99% 15.78% -6.87% 13.59% 17.36%
FCF Conversion (EBITDA) - - 64.29% - 52.31% 70.76%
FCF Conversion (Net income) - - - - 99.58% 117.86%
Dividend per Share - - - 0.0470 0.0890 0.1000
Announcement Date 3/1/19 3/4/20 3/15/21 3/14/22 3/15/23 2/29/24
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 125 96.3 134 21.7 -
Net Cash position 1 256 - - - - 15
Leverage (Debt/EBITDA) - 0.7273 x 0.4198 x 0.4949 x 0.0689 x -
Free Cash Flow 1 -8.87 -24.6 148 -75.4 165 245
ROE (net income / shareholders' equity) 4.97% 5.1% -9.02% 8.49% 10.3% 12.6%
ROA (Net income/ Total Assets) 3.3% 4.22% 5.62% 6.89% 7.81% 8.37%
Assets 1 1,916 1,654 -2,133 1,828 2,122 2,488
Book Value Per Share 2 2.020 1.920 1.780 1.950 2.080 2.120
Cash Flow per Share 2 0.3200 0.1100 0.1400 0.0800 0.1700 0.1500
Capex 1 33.6 157 78.4 178 85 37.3
Capex / Sales 5.26% 19.17% 8.38% 16.23% 7.01% 2.64%
Announcement Date 3/1/19 3/4/20 3/15/21 3/14/22 3/15/23 2/29/24
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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