Financials Blue Label Telecoms Limited

Equities

BLU

ZAE000109088

Integrated Telecommunications Services

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.33 ZAR +2.61% Intraday chart for Blue Label Telecoms Limited +6.65% +11.60%

Valuation

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Capitalization 1 11,017 3,418 2,257 4,024 4,934 3,192
Enterprise Value (EV) 1 12,872 5,072 2,558 3,243 4,801 5,921
P/E ratio 10.9 x -0.52 x 18.6 x 5.03 x 4.93 x 12 x
Yield - - - - - -
Capitalization / Revenue 0.41 x 0.13 x 0.11 x 0.22 x 0.28 x 0.17 x
EV / Revenue 0.48 x 0.2 x 0.12 x 0.18 x 0.28 x 0.32 x
EV / EBITDA 11.1 x 2.8 x 2.72 x 3.42 x 4.26 x 4.56 x
EV / FCF -466 x 2.28 x 3.54 x 2.49 x -3.64 x -4.3 x
FCF Yield -0.21% 43.8% 28.3% 40.2% -27.5% -23.2%
Price to Book 1.19 x 1.44 x 0.92 x 1.26 x 1.21 x 0.74 x
Nbr of stocks (in thousands) 933,635 904,201 892,205 874,781 876,454 881,769
Reference price 2 11.80 3.780 2.530 4.600 5.630 3.620
Announcement Date 8/22/18 9/26/19 8/27/20 8/26/21 8/25/22 8/29/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Net sales 1 26,800 25,990 20,862 18,439 17,395 18,686
EBITDA 1 1,158 1,812 940.4 947.7 1,127 1,298
EBIT 1 1,020 1,593 773.2 745 748 804.4
Operating Margin 3.81% 6.13% 3.71% 4.04% 4.3% 4.31%
Earnings before Tax (EBT) 1 1,378 -6,307 500.8 1,102 1,412 488.2
Net income 1 993.6 -6,646 124.5 830.6 1,027 269
Net margin 3.71% -25.57% 0.6% 4.5% 5.9% 1.44%
EPS 2 1.081 -7.278 0.1364 0.9136 1.141 0.3007
Free Cash Flow 1 -27.62 2,220 723 1,305 -1,319 -1,376
FCF margin -0.1% 8.54% 3.47% 7.08% -7.58% -7.36%
FCF Conversion (EBITDA) - 122.52% 76.88% 137.68% - -
FCF Conversion (Net income) - - 580.81% 157.09% - -
Dividend per Share - - - - - -
Announcement Date 8/22/18 9/26/19 8/27/20 8/26/21 8/25/22 8/29/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Net Debt 1 1,855 1,654 301 - - 2,729
Net Cash position 1 - - - 781 134 -
Leverage (Debt/EBITDA) 1.602 x 0.9125 x 0.3199 x - - 2.102 x
Free Cash Flow 1 -27.6 2,220 723 1,305 -1,319 -1,376
ROE (net income / shareholders' equity) 14.4% -110% 11.3% 29.8% 29.4% 6.68%
ROA (Net income/ Total Assets) 4.79% 6.63% 4.31% 4.27% 3.77% 3.59%
Assets 1 20,752 -100,220 2,890 19,449 27,220 7,502
Book Value Per Share 2 9.940 2.620 2.750 3.660 4.660 4.900
Cash Flow per Share 2 1.010 1.530 2.270 2.760 3.110 1.470
Capex 1 71.6 134 139 71.2 77.8 119
Capex / Sales 0.27% 0.52% 0.67% 0.39% 0.45% 0.64%
Announcement Date 8/22/18 9/26/19 8/27/20 8/26/21 8/25/22 8/29/23
1ZAR in Million2ZAR
Estimates
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