Financials Baluchistan Wheels Limited

Equities

BWHL

PK0062601015

Auto, Truck & Motorcycle Parts

End-of-day quote Pakistan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
160 PKR -3.55% Intraday chart for Baluchistan Wheels Limited -5.89% -18.16%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,443 815.4 809.8 1,053 1,013 880.1
Enterprise Value (EV) 1 1,417 672.3 466.7 551 458.7 380.3
P/E ratio 16.4 x 11.4 x 42.8 x 10.5 x 4.87 x 6.45 x
Yield 2.77% 3.27% 2.47% 5.7% 13.2% 12.1%
Capitalization / Revenue 0.77 x 0.51 x 0.89 x 0.67 x 0.36 x 0.53 x
EV / Revenue 0.75 x 0.42 x 0.51 x 0.35 x 0.17 x 0.23 x
EV / EBITDA 9.09 x 4.43 x 10.5 x 3.85 x 1.02 x 2.27 x
EV / FCF -6.36 x 4.51 x 2.25 x 3.17 x 2.05 x 9.85 x
FCF Yield -15.7% 22.2% 44.4% 31.5% 48.9% 10.2%
Price to Book 1.14 x 0.63 x 0.63 x 0.55 x 0.5 x 0.43 x
Nbr of stocks (in thousands) 13,334 13,334 13,334 13,334 13,334 13,334
Reference price 2 108.2 61.15 60.73 78.99 76.00 66.00
Announcement Date 10/5/18 10/4/19 10/1/20 9/9/21 9/12/22 9/1/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 1,883 1,588 912.8 1,575 2,778 1,676
EBITDA 1 155.9 151.7 44.4 143.3 449.6 167.2
EBIT 1 110.2 101.4 -1.942 101 409.8 131.3
Operating Margin 5.85% 6.39% -0.21% 6.42% 14.75% 7.83%
Earnings before Tax (EBT) 1 107.7 93.96 23.7 141.6 425.4 201.8
Net income 1 87.79 71.51 18.92 100.7 208.2 136.4
Net margin 4.66% 4.5% 2.07% 6.39% 7.5% 8.14%
EPS 2 6.584 5.363 1.419 7.551 15.62 10.23
Free Cash Flow 1 -222.8 149.1 207.4 173.8 224.2 38.61
FCF margin -11.83% 9.39% 22.72% 11.04% 8.07% 2.3%
FCF Conversion (EBITDA) - 98.23% 467.01% 121.33% 49.87% 23.09%
FCF Conversion (Net income) - 208.43% 1,096.05% 172.65% 107.67% 28.31%
Dividend per Share 2 3.000 2.000 1.500 4.500 10.00 8.000
Announcement Date 10/5/18 10/4/19 10/1/20 9/9/21 9/12/22 9/1/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 26.1 143 343 502 555 500
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -223 149 207 174 224 38.6
ROE (net income / shareholders' equity) 6.99% 5.59% 1.47% 6.26% 10.5% 6.66%
ROA (Net income/ Total Assets) 4.71% 4.32% -0.08% 3.34% 10.8% 3.41%
Assets 1 1,863 1,656 -23,272 3,017 1,920 3,995
Book Value Per Share 2 95.20 96.60 97.10 144.0 153.0 154.0
Cash Flow per Share 2 2.330 3.370 4.530 1.450 4.950 1.410
Capex 1 175 7.98 3.88 9.8 25.3 5.61
Capex / Sales 9.28% 0.5% 0.43% 0.62% 0.91% 0.33%
Announcement Date 10/5/18 10/4/19 10/1/20 9/9/21 9/12/22 9/1/23
1PKR in Million2PKR
Estimates
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