Financials Unión de Cervecerías Peruanas Backus y Johnston S.A.A.

Equities

BACKUSI1

PEP218025000

Brewers

End-of-day quote Lima 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
21.18 PEN 0.00% Intraday chart for Unión de Cervecerías Peruanas Backus y Johnston S.A.A. -1.03% -3.73%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 29,090 26,841 35,014 30,108 26,281 29,437
Enterprise Value (EV) 1 27,875 26,227 34,543 29,646 26,721 29,108
P/E ratio - 15.2 x 19.3 x 22.8 x 16.4 x 18.2 x
Yield - - - - - 5.73%
Capitalization / Revenue 5.79 x 5.02 x 6.13 x 6.98 x 4.47 x 4.37 x
EV / Revenue 5.55 x 4.91 x 6.05 x 6.87 x 4.54 x 4.32 x
EV / EBITDA 12.1 x 9.16 x 11 x 14.5 x 9.53 x 9.61 x
EV / FCF 13.2 x 37.8 x 20.7 x 63.7 x 8.62 x 40.1 x
FCF Yield 7.55% 2.65% 4.84% 1.57% 11.6% 2.49%
Price to Book - 12.6 x 18.1 x 9.44 x 8.38 x 6.69 x
Nbr of stocks (in thousands) 1,348,499 1,348,499 1,348,499 1,348,499 1,348,499 1,344,089
Reference price 2 18.41 20.55 28.50 20.15 20.50 24.58
Announcement Date 3/20/18 4/29/19 8/21/20 4/30/21 5/3/22 6/9/23
1PEN in Million2PEN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 5,022 5,344 5,710 4,315 5,885 6,743
EBITDA 1 2,298 2,864 3,137 2,044 2,805 3,029
EBIT 1 2,033 2,599 2,864 1,759 2,473 2,700
Operating Margin 40.49% 48.64% 50.17% 40.76% 42.02% 40.04%
Earnings before Tax (EBT) 1 2,023 2,628 2,881 1,757 2,451 2,635
Net income 1 1,377 1,819 1,988 1,194 1,683 1,818
Net margin 27.41% 34.04% 34.82% 27.67% 28.59% 26.96%
EPS - 1.349 1.474 0.8854 1.248 1.348
Free Cash Flow 1 2,105 694.4 1,672 465.4 3,100 726.2
FCF margin 41.91% 12.99% 29.29% 10.79% 52.67% 10.77%
FCF Conversion (EBITDA) 91.57% 24.25% 53.31% 22.77% 110.51% 23.97%
FCF Conversion (Net income) 152.87% 38.17% 84.12% 38.98% 184.19% 39.95%
Dividend per Share - - - - - 1.409
Announcement Date 3/20/18 4/29/19 8/21/20 4/30/21 5/3/22 6/9/23
1PEN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - 439 -
Net Cash position 1 1,215 614 471 462 - 330
Leverage (Debt/EBITDA) - - - - 0.1566 x -
Free Cash Flow 1 2,105 694 1,672 465 3,100 726
ROE (net income / shareholders' equity) 74.9% 88.4% 92% 47.9% 54.7% 44.4%
ROA (Net income/ Total Assets) 27.4% 30.8% 32.1% 18.3% 21% 16.9%
Assets 1 5,019 5,901 6,191 6,507 8,030 10,760
Book Value Per Share - 1.630 1.580 2.130 2.450 3.670
Cash Flow per Share - 0.5300 0.4200 0.3900 0.4500 0.6500
Capex 1 220 241 293 213 524 443
Capex / Sales 4.37% 4.52% 5.12% 4.93% 8.9% 6.57%
Announcement Date 3/20/18 4/29/19 8/21/20 4/30/21 5/3/22 6/9/23
1PEN in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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