WINPAK LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.62 CAD | -0.13% |
|
+9.55% | +9.10% |
| Apr. 23 | Transcript : Winpak Ltd. - Shareholder/Analyst Call | |
| Apr. 23 | Winpak Ltd. Announces Second Quarter 2024 Dividend, Payable on July 12, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,349 | 2,185 | 1,911 | 2,016 | 2,005 | 2,113 | - | - |
| Enterprise Value (EV) 1 | 1,952 | 1,690 | 1,533 | 1,618 | 1,463 | 1,543 | 1,552 | 2,113 |
| P/E ratio | 20.4 x | 20.5 x | 18.4 x | 15.7 x | 13.5 x | 13.6 x | 12.9 x | - |
| Yield | 0.25% | 0.28% | 0.32% | - | 0.29% | 0.32% | 0.34% | - |
| Capitalization / Revenue | 2.69 x | 2.56 x | 1.91 x | 1.71 x | 1.76 x | 1.85 x | 1.75 x | - |
| EV / Revenue | 2.23 x | 1.98 x | 1.53 x | 1.37 x | 1.28 x | 1.35 x | 1.28 x | - |
| EV / EBITDA | 9.83 x | 8.82 x | 8.16 x | 7.35 x | 6.4 x | 6.52 x | 6.29 x | 7.74 x |
| EV / FCF | 19.1 x | 16.1 x | 31.4 x | 56.9 x | 9.62 x | 22.4 x | 18.8 x | - |
| FCF Yield | 5.22% | 6.2% | 3.18% | 1.76% | 10.4% | 4.46% | 5.33% | - |
| Price to Book | 2.27 x | 1.93 x | 1.77 x | - | 1.49 x | 1.46 x | 1.35 x | - |
| Nbr of stocks (in thousands) | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 64,815 | - | - |
| Reference price 2 | 36.14 | 33.62 | 29.40 | 31.02 | 30.85 | 32.59 | 32.59 | 32.59 |
| Announcement Date | 3/3/20 | 3/4/21 | 3/2/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 873.8 | 852.5 | 1,002 | 1,181 | 1,141 | 1,139 | 1,209 | - |
| EBITDA 1 | 198.5 | 191.5 | 187.8 | 220 | 228.5 | 236.6 | 246.8 | 273 |
| EBIT 1 | 155 | 146.8 | 142.4 | 172.3 | 180.7 | 186.5 | 192.5 | - |
| Operating Margin | 17.73% | 17.22% | 14.22% | 14.59% | 15.83% | 16.37% | 15.92% | - |
| Earnings before Tax (EBT) 1 | 159.8 | 147.7 | 141.6 | - | - | 218 | 218 | - |
| Net income 1 | 114.8 | 106.3 | 103.8 | 128.3 | 148.1 | 152.5 | 155.5 | - |
| Net margin | 13.13% | 12.47% | 10.36% | 10.87% | 12.98% | 13.39% | 12.86% | - |
| EPS 2 | 1.770 | 1.640 | 1.600 | 1.970 | 2.280 | 2.395 | 2.535 | - |
| Free Cash Flow 1 | 102 | 104.7 | 48.76 | 28.44 | 152.2 | 68.85 | 82.75 | - |
| FCF margin | 11.67% | 12.28% | 4.87% | 2.41% | 13.33% | 6.04% | 6.85% | - |
| FCF Conversion (EBITDA) | 51.36% | 54.68% | 25.96% | 12.93% | 66.59% | 29.11% | 33.54% | - |
| FCF Conversion (Net income) | 88.85% | 98.5% | 46.98% | 22.16% | 102.73% | 45.15% | 53.22% | - |
| Dividend per Share 2 | 0.0898 | 0.0953 | 0.0948 | - | 0.0884 | 0.1050 | 0.1100 | - |
| Announcement Date | 3/3/20 | 3/4/21 | 3/2/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 279.1 | 276 | 310.3 | 302.5 | 292.4 | 304.5 | 287.5 | 273.8 | 275.6 | 276.8 | 293.8 | 283.3 | 285.2 | - | - |
| EBITDA 1 | 53.01 | 57.82 | 58.74 | 51.22 | 52.21 | 60.65 | 61.62 | 52.63 | 53.64 | 55.9 | 61.1 | 60.25 | 59.25 | - | - |
| EBIT | 41.37 | 45.91 | 46.78 | 39.31 | 40.29 | 48.55 | 49.67 | 40.76 | 41.72 | 43.25 | - | - | - | - | - |
| Operating Margin | 14.83% | 16.64% | 15.08% | 12.99% | 13.78% | 15.94% | 17.28% | 14.89% | 15.13% | 15.63% | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 30.03 | 33.87 | 33.67 | 29.57 | 31.24 | - | 40.01 | 33.99 | 34.85 | - | - | - | - | - | - |
| Net margin | 10.76% | 12.27% | 10.85% | 9.77% | 10.68% | - | 13.92% | 12.41% | 12.64% | - | - | - | - | - | - |
| EPS 2 | 0.4600 | 0.5200 | 0.5200 | 0.4500 | 0.4800 | 0.6000 | 0.6200 | 0.5200 | 0.5400 | 0.5500 | 0.6250 | 0.6150 | 0.6050 | 0.5900 | 0.6800 |
| Dividend per Share 2 | 0.0237 | 0.0234 | 0.0233 | 0.0219 | - | - | - | - | 0.0221 | - | 0.0300 | 0.0300 | 0.0300 | - | - |
| Announcement Date | 3/2/22 | 4/26/22 | 7/21/22 | 10/20/22 | 2/28/23 | 4/25/23 | 7/27/23 | 10/26/23 | 2/28/24 | 4/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 397 | 495 | 377 | 399 | 542 | 570 | 561 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 102 | 105 | 48.8 | 28.4 | 152 | 68.9 | 82.8 | - |
| ROE (net income / shareholders' equity) | 11.7% | 9.81% | 9.38% | 11.2% | 11.6% | - | - | - |
| ROA (Net income/ Total Assets) | 9.97% | 8.36% | 7.82% | 9.22% | 9.76% | - | - | - |
| Assets 1 | 1,151 | 1,273 | 1,327 | 1,392 | 1,517 | - | - | - |
| Book Value Per Share 2 | 15.90 | 17.40 | 16.60 | - | 20.80 | 22.30 | 24.10 | - |
| Cash Flow per Share 2 | 3.070 | 2.950 | 2.860 | 3.390 | 3.510 | 3.880 | 4.200 | - |
| Capex 1 | 58.1 | 51.3 | 48.3 | 49.1 | 68.7 | 115 | 110 | - |
| Capex / Sales | 6.64% | 6.02% | 4.82% | 4.16% | 6.02% | 10.11% | 9.1% | - |
| Announcement Date | 3/3/20 | 3/4/21 | 3/2/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
32.59
USD
Average target price
34.74
USD
Spread / Average Target
+6.60%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.10% | 2.11B | |
| +21.35% | 21.97B | |
| +8.34% | 17.64B | |
| -12.49% | 9.62B | |
| +19.15% | 9.29B | |
| +3.78% | 5.01B | |
| -13.09% | 4.62B | |
| +12.87% | 2.98B | |
| -5.60% | 2.96B | |
| +13.27% | 2.78B |
- Stock Market
- Equities
- WPK Stock
- Financials Winpak Ltd.
