Financials TPL Properties Limited

Equities

TPLP

PK0110601017

Real Estate Development & Operations

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
11.52 PKR -0.52% Intraday chart for TPL Properties Limited +0.09% -14.79%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,544 2,714 1,702 9,858 10,296 7,100
Enterprise Value (EV) 1 4,781 5,203 4,693 9,141 9,506 8,498
P/E ratio 2.13 x 4.01 x 15 x 140 x 1.95 x 2.36 x
Yield - - - 3.32% - 16.1%
Capitalization / Revenue 4.6 x 4.54 x 2.51 x 22.5 x 1.61 x 1.29 x
EV / Revenue 8.64 x 8.71 x 6.92 x 20.9 x 1.49 x 1.54 x
EV / EBITDA 16.6 x 15.6 x 14.3 x -36.1 x 1.85 x 2.48 x
EV / FCF -46.3 x -26.3 x -0.64 x 1.4 x 4.9 x 1.93 x
FCF Yield -2.16% -3.8% -155% 71.3% 20.4% 51.8%
Price to Book 0.46 x 0.44 x 0.27 x 1.6 x 0.88 x 0.52 x
Nbr of stocks (in thousands) 561,807 561,807 561,807 561,807 561,807 569,807
Reference price 2 4.528 4.831 3.030 17.55 18.33 12.46
Announcement Date 9/25/18 9/30/19 10/6/20 9/30/21 10/5/22 10/2/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 553.2 597.2 678.4 438.4 6,397 5,508
EBITDA 1 288.6 333.7 327 -253.4 5,149 3,430
EBIT 1 249.3 291 323.4 -261.1 5,095 3,362
Operating Margin 45.07% 48.72% 47.68% -59.55% 79.64% 61.04%
Earnings before Tax (EBT) 1 1,216 702.3 218.4 59.19 5,016 3,308
Net income 1 1,196 676.5 113.6 70.41 5,292 2,909
Net margin 216.14% 113.27% 16.75% 16.06% 82.73% 52.81%
EPS 2 2.128 1.204 0.2023 0.1253 9.420 5.290
Free Cash Flow 1 -103.4 -197.7 -7,276 6,518 1,938 4,398
FCF margin -18.68% -33.11% -1,072.64% 1,486.75% 30.3% 79.84%
FCF Conversion (EBITDA) - - - - 37.64% 128.21%
FCF Conversion (Net income) - - - 9,257% 36.62% 151.2%
Dividend per Share - - - 0.5828 - 2.000
Announcement Date 9/25/18 9/30/19 10/6/20 9/30/21 10/5/22 10/2/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 2,238 2,489 2,991 - - 1,398
Net Cash position 1 - - - 716 790 -
Leverage (Debt/EBITDA) 7.753 x 7.459 x 9.144 x - - 0.4075 x
Free Cash Flow 1 -103 -198 -7,276 6,518 1,938 4,398
ROE (net income / shareholders' equity) 23.7% 11.2% 1.75% 1.09% 54.5% 24.5%
ROA (Net income/ Total Assets) 2% 2% 2.05% -1.65% 25.8% 12.3%
Assets 1 59,808 33,807 5,533 -4,269 20,538 23,729
Book Value Per Share 2 9.870 11.10 11.30 11.00 20.80 23.90
Cash Flow per Share 2 0.9900 0.3900 0.4100 5.260 3.370 3.250
Capex 1 55.6 31.7 1.56 66.3 323 -
Capex / Sales 10.04% 5.31% 0.23% 15.13% 5.05% -
Announcement Date 9/25/18 9/30/19 10/6/20 9/30/21 10/5/22 10/2/23
1PKR in Million2PKR
Estimates
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