Financials Summit Properties Limited

Equities

SMTG

GG00BJ4FZW09

Delayed London S.E. 12:35:05 2020-03-16 pm EDT 5-day change 1st Jan Change
0.6 EUR -52.00% Intraday chart for Summit Properties Limited -52.94% -56.68%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 507.6 616.7 193 193 193 193
Enterprise Value (EV) 1 1,092 952 677.8 370.9 673.8 647.7
P/E ratio 1.96 x 4.98 x 2.27 x 2 x 2.41 x -4.55 x
Yield - 0.36% - - - 16.7%
Capitalization / Revenue 6.57 x 6.42 x 2.39 x 2.5 x 1.12 x 1.01 x
EV / Revenue 14.1 x 9.91 x 8.38 x 4.81 x 3.91 x 3.39 x
EV / EBITDA 22.7 x 15.1 x 11.7 x 7.41 x 8.64 x 7.22 x
EV / FCF 17.5 x 29.8 x 48.6 x 44.3 x 12.4 x 130 x
FCF Yield 5.73% 3.36% 2.06% 2.26% 8.09% 0.77%
Price to Book 0.65 x 0.69 x 0.24 x 0.21 x 0.19 x 0.21 x
Nbr of stocks (in thousands) 457,280 445,235 321,722 321,722 321,722 321,722
Reference price 2 1.110 1.385 0.6000 0.6000 0.6000 0.6000
Announcement Date 4/18/19 5/21/20 5/25/21 3/1/22 4/19/23 4/15/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 77.28 96.05 80.85 77.14 172.2 190.9
EBITDA 1 48.17 63.02 57.72 50.05 78.02 89.74
EBIT 1 48.05 62.82 57.41 49.8 77.82 89.54
Operating Margin 62.17% 65.4% 71.01% 64.55% 45.19% 46.9%
Earnings before Tax (EBT) 1 334.2 166.5 116.4 154.9 154.1 -87.37
Net income 1 263.3 126.7 90.41 96.42 80.1 -42.39
Net margin 340.74% 131.93% 111.82% 124.99% 46.52% -22.21%
EPS 2 0.5660 0.2780 0.2640 0.2997 0.2490 -0.1320
Free Cash Flow 1 62.58 31.95 13.94 8.377 54.48 4.972
FCF margin 80.98% 33.26% 17.24% 10.86% 31.64% 2.6%
FCF Conversion (EBITDA) 129.91% 50.69% 24.15% 16.74% 69.83% 5.54%
FCF Conversion (Net income) 23.77% 25.21% 15.42% 8.69% 68.02% -
Dividend per Share - 0.005000 - - - 0.1000
Announcement Date 4/18/19 5/21/20 5/25/21 3/1/22 4/19/23 4/15/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 585 335 485 178 481 455
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 12.13 x 5.32 x 8.399 x 3.554 x 6.162 x 5.067 x
Free Cash Flow 1 62.6 31.9 13.9 8.38 54.5 4.97
ROE (net income / shareholders' equity) 41.2% 15.2% 10.6% 12.9% 11.5% -5.69%
ROA (Net income/ Total Assets) 2.29% 2.4% 2.15% 1.83% 2.49% 2.75%
Assets 1 11,502 5,281 4,212 5,271 3,212 -1,540
Book Value Per Share 2 1.710 2.010 2.530 2.830 3.150 2.850
Cash Flow per Share 2 0.0400 0.5900 0.3400 1.270 0.8700 0.8400
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/18/19 5/21/20 5/25/21 3/1/22 4/19/23 4/15/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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