Financials Bangladesh Shipping Corporation

Equities

BSC

BD0604BSC002

Marine Freight & Logistics

End-of-day quote Dhaka S.E. 06:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
103.1 BDT -1.90% Intraday chart for Bangladesh Shipping Corporation -4.80% -3.64%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 6,590 7,856 5,827 6,879 17,892 19,280
Enterprise Value (EV) 1 2,967 18,692 15,536 14,692 22,503 18,743
P/E ratio 52.6 x 14.2 x 14.1 x 9.55 x 7.92 x 7.83 x
Yield 1.39% 1.94% 2.62% 2.66% 1.71% 1.98%
Capitalization / Revenue 7.92 x 4.24 x 2.08 x 2.51 x 3.98 x 3.74 x
EV / Revenue 3.57 x 10.1 x 5.55 x 5.36 x 5.01 x 3.64 x
EV / EBITDA -12.9 x 49.8 x 13.3 x 11.4 x 7.84 x 7.96 x
EV / FCF -15.9 x -1.26 x 22.3 x 10.9 x 8.3 x 9.8 x
FCF Yield -6.3% -79.3% 4.49% 9.14% 12.1% 10.2%
Price to Book 0.81 x 0.9 x 0.68 x 0.75 x 1.62 x 1.46 x
Nbr of stocks (in thousands) 152,535 152,535 152,535 152,535 152,535 152,535
Reference price 2 43.20 51.50 38.20 45.10 117.3 126.4
Announcement Date 10/21/18 11/8/19 2/14/21 1/2/22 11/15/22 11/6/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 831.9 1,851 2,799 2,743 4,496 5,154
EBITDA 1 -230 375.5 1,166 1,289 2,870 2,356
EBIT 1 -294.7 112.7 657.3 784 2,368 1,866
Operating Margin -35.43% 6.09% 23.48% 28.59% 52.68% 36.2%
Earnings before Tax (EBT) 1 128 479 774.8 957 2,731 2,916
Net income 1 125.2 552.3 414.7 720.2 2,258 2,463
Net margin 15.05% 29.84% 14.82% 26.26% 50.23% 47.78%
EPS 2 0.8205 3.621 2.719 4.722 14.80 16.15
Free Cash Flow 1 -186.9 -14,832 696.9 1,343 2,712 1,912
FCF margin -22.47% -801.34% 24.9% 48.98% 60.32% 37.09%
FCF Conversion (EBITDA) - - 59.75% 104.25% 94.48% 81.15%
FCF Conversion (Net income) - - 168.06% 186.52% 120.1% 77.63%
Dividend per Share 2 0.6000 1.000 1.000 1.200 2.000 2.500
Announcement Date 10/21/18 11/8/19 2/14/21 1/2/22 11/15/22 11/6/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - 10,836 9,709 7,813 4,611 -
Net Cash position 1 3,622 - - - - 537
Leverage (Debt/EBITDA) - 28.86 x 8.324 x 6.063 x 1.607 x -
Free Cash Flow 1 -187 -14,832 697 1,343 2,712 1,912
ROE (net income / shareholders' equity) 1.54% 6.55% 4.95% 8.12% 22.3% 20.3%
ROA (Net income/ Total Assets) -1.83% 0.39% 1.55% 1.77% 4.98% 3.57%
Assets 1 -6,834 143,272 26,833 40,745 45,309 68,970
Book Value Per Share 2 53.60 57.00 56.00 60.30 72.50 86.70
Cash Flow per Share 2 0.8000 6.060 7.640 4.920 6.820 11.10
Capex 1 71.7 15,146 41.6 13.5 22 226
Capex / Sales 8.61% 818.28% 1.48% 0.49% 0.49% 4.39%
Announcement Date 10/21/18 11/8/19 2/14/21 1/2/22 11/15/22 11/6/23
1BDT in Million2BDT
Estimates
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