Financials Veeko International Holdings Limited

Equities

1173

KYG9326E1263

Other Specialty Retailers

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.046 HKD -4.17% Intraday chart for Veeko International Holdings Limited -4.17% -14.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 435 370.1 143.5 128.4 115.8 138.5
Enterprise Value (EV) 1 639 580.3 812.5 626.1 583.2 589.1
P/E ratio 80.9 x -4.6 x -0.56 x -0.69 x -2.17 x 27.6 x
Yield 5.65% 2.04% - - - 9.09%
Capitalization / Revenue 0.23 x 0.22 x 0.14 x 0.25 x 0.23 x 0.29 x
EV / Revenue 0.33 x 0.34 x 0.78 x 1.21 x 1.17 x 1.25 x
EV / EBITDA 52.8 x -17.1 x -5.42 x -5.04 x -9.41 x -21.2 x
EV / FCF 112 x 10.4 x 5.62 x 3.43 x 5.51 x 6.72 x
FCF Yield 0.89% 9.64% 17.8% 29.2% 18.1% 14.9%
Price to Book 0.61 x 0.59 x 0.41 x 0.65 x 0.58 x 0.69 x
Nbr of stocks (in thousands) 2,457,577 2,518,001 2,518,001 2,518,001 2,518,001 2,518,001
Reference price 2 0.1770 0.1470 0.0570 0.0510 0.0460 0.0550
Announcement Date 7/26/18 7/25/19 7/29/20 7/26/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,928 1,693 1,042 517.2 499.8 472.6
EBITDA 1 12.11 -33.95 -150 -124.1 -61.96 -27.85
EBIT 1 -21.63 -62.94 -173.5 -137.2 -70.15 -32.9
Operating Margin -1.12% -3.72% -16.65% -26.53% -14.03% -6.96%
Earnings before Tax (EBT) 1 9.28 -71.02 -255.7 -179.3 -52.43 6.109
Net income 1 5.262 -79.35 -258.4 -184.9 -53.37 5.027
Net margin 0.27% -4.69% -24.79% -35.74% -10.68% 1.06%
EPS 2 0.002189 -0.0320 -0.1026 -0.0734 -0.0212 0.001996
Free Cash Flow 1 5.705 55.91 144.5 182.8 105.8 87.69
FCF margin 0.3% 3.3% 13.86% 35.34% 21.16% 18.55%
FCF Conversion (EBITDA) 47.1% - - - - -
FCF Conversion (Net income) 108.42% - - - - 1,744.28%
Dividend per Share 2 0.0100 0.003000 - - - 0.005000
Announcement Date 7/26/18 7/25/19 7/29/20 7/26/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 204 210 669 498 467 451
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 16.85 x -6.19 x -4.461 x -4.01 x -7.542 x -16.18 x
Free Cash Flow 1 5.71 55.9 144 183 106 87.7
ROE (net income / shareholders' equity) 0.74% -11.8% -52.5% -67.1% -27% 2.52%
ROA (Net income/ Total Assets) -1.23% -3.71% -10.1% -8.84% -5.58% -2.68%
Assets 1 -427 2,140 2,565 2,092 956.4 -187.3
Book Value Per Share 2 0.2900 0.2500 0.1400 0.0800 0.0800 0.0800
Cash Flow per Share 2 0.0300 0.0200 0.0100 0.0200 0 0.0200
Capex 1 16 8.4 9.39 5.12 1.22 1.61
Capex / Sales 0.83% 0.5% 0.9% 0.99% 0.24% 0.34%
Announcement Date 7/26/18 7/25/19 7/29/20 7/26/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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