Financials Alfa Financial Software Holdings PLC

Equities

ALFA

GB00BDHXPG30

Financial Technology (Fintech)

Real-time Estimate Cboe Europe 07:33:09 2024-04-30 am EDT 5-day change 1st Jan Change
174.6 GBX +0.92% Intraday chart for Alfa Financial Software Holdings PLC +5.17% +24.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 360 396 568.5 489 409.7 509.5 - -
Enterprise Value (EV) 1 301.2 359 545.4 470.3 387.9 476.1 459.6 442.4
P/E ratio 35.3 x 19.4 x 29.7 x 20.5 x 17.7 x 23.6 x 22.2 x 21.2 x
Yield - 12.1% 0.58% 4.82% 0.93% 0.72% 0.72% 0.66%
Capitalization / Revenue 5.58 x 5.02 x 6.83 x 5.24 x 4.02 x 4.73 x 4.45 x 4.22 x
EV / Revenue 4.67 x 4.55 x 6.56 x 5.04 x 3.8 x 4.42 x 4.01 x 3.67 x
EV / EBITDA 18.2 x 13.3 x 19.6 x 14.4 x 11.9 x 14.1 x 12.8 x 11.7 x
EV / FCF 19.2 x 14.6 x 21.5 x 18.9 x 13.5 x 24.5 x 19.9 x 18 x
FCF Yield 5.21% 6.83% 4.66% 5.29% 7.42% 4.07% 5.03% 5.55%
Price to Book 4.37 x 6.44 x 13 x 11.8 x 9.84 x 10.4 x 8.32 x 7.03 x
Nbr of stocks (in thousands) 300,000 300,000 300,000 294,578 292,635 294,504 - -
Reference price 2 1.200 1.320 1.895 1.660 1.400 1.730 1.730 1.730
Announcement Date 4/23/20 3/23/21 3/9/22 3/2/23 3/14/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 64.48 78.87 83.2 93.3 102 107.8 114.6 120.6
EBITDA 1 16.52 27.04 27.8 32.6 32.6 33.88 36.01 37.92
EBIT 1 13.71 23.95 24.7 29.6 30.1 30.77 32.67 34.37
Operating Margin 21.26% 30.36% 29.69% 31.73% 29.51% 28.53% 28.52% 28.49%
Earnings before Tax (EBT) 1 13 23.24 23.8 28.9 29.6 29.34 31.25 33.02
Net income 1 10.18 20.37 19.2 24.5 23.5 21.65 23.1 24.45
Net margin 15.79% 25.83% 23.08% 26.26% 23.04% 20.08% 20.17% 20.27%
EPS 2 0.0340 0.0679 0.0639 0.0809 0.0790 0.0733 0.0779 0.0816
Free Cash Flow 1 15.69 24.54 25.4 24.9 28.8 19.4 23.1 24.55
FCF margin 24.33% 31.11% 30.53% 26.69% 28.24% 17.99% 20.17% 20.35%
FCF Conversion (EBITDA) 94.94% 90.73% 91.37% 76.38% 88.34% 57.27% 64.15% 64.74%
FCF Conversion (Net income) 154.09% 120.45% 132.29% 101.63% 122.55% 89.61% 100% 100.41%
Dividend per Share 2 - 0.1600 0.0110 0.0800 0.0130 0.0125 0.0125 0.0115
Announcement Date 4/23/20 3/23/21 3/9/22 3/2/23 3/14/24 - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 58.8 37 23.1 18.7 21.8 33.4 49.9 67.1
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 15.7 24.5 25.4 24.9 28.8 19.4 23.1 24.6
ROE (net income / shareholders' equity) 13.1% 28.6% 37.1% 57.4% 56% 44.7% 36.3% 31.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 0.2700 0.2100 0.1500 0.1400 0.1400 0.1700 0.2100 0.2500
Cash Flow per Share 2 0.0600 0.0900 - - 0.1100 0.0800 0.1000 0.1000
Capex 1 2.08 1.01 1.3 2.3 3.4 4.5 4.2 6
Capex / Sales 3.22% 1.28% 1.56% 2.47% 3.33% 4.17% 3.67% 4.97%
Announcement Date 4/23/20 3/23/21 3/9/22 3/2/23 3/14/24 - - -
1GBP in Million2GBP
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.73 GBP
Average target price
2.2 GBP
Spread / Average Target
+27.17%
Consensus

Annual profits - Rate of surprise

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