BOE VARITRONIX LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.75 HKD | -0.52% |
|
+29.21% | -18.56% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,095 | 7,376 | 11,745 | 5,589 | 4,575 | - | - |
| Enterprise Value (EV) 1 | 2,095 | 7,376 | 8,930 | 2,674 | 1,420 | 902.9 | -916.7 |
| P/E ratio | 30.6 x | 22.4 x | 19.1 x | 11.7 x | 8.29 x | 6.78 x | 5.54 x |
| Yield | - | 1.5% | 1.55% | 2.69% | 3.78% | 4.65% | 5.79% |
| Capitalization / Revenue | - | 0.95 x | 1.1 x | 0.52 x | 0.39 x | 0.34 x | 0.3 x |
| EV / Revenue | - | 0.95 x | 0.83 x | 0.25 x | 0.12 x | 0.07 x | -0.06 x |
| EV / EBITDA | - | 14.4 x | 10.6 x | 3.47 x | 1.73 x | 0.92 x | -0.83 x |
| EV / FCF | - | 17.6 x | -22 x | - | 2.12 x | 1.09 x | -0.88 x |
| FCF Yield | - | 5.67% | -4.55% | - | 47.1% | 92.1% | -114% |
| Price to Book | - | 2.4 x | 2.71 x | 1.28 x | 0.96 x | 0.87 x | 0.78 x |
| Nbr of stocks (in thousands) | 735,175 | 736,155 | 791,410 | 791,575 | 791,575 | - | - |
| Reference price 2 | 2.850 | 10.02 | 14.84 | 7.060 | 5.780 | 5.780 | 5.780 |
| Announcement Date | 4/28/21 | 3/24/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 7,738 | 10,722 | 10,760 | 11,732 | 13,369 | 15,200 |
| EBITDA 1 | - | 513 | 841 | 771 | 822.1 | 982 | 1,111 |
| EBIT 1 | - | 350.1 | 670.5 | 569.7 | 595.8 | 741.2 | 875.5 |
| Operating Margin | - | 4.52% | 6.25% | 5.29% | 5.08% | 5.54% | 5.76% |
| Earnings before Tax (EBT) 1 | - | 348.7 | 657.6 | 540 | 629.6 | 768.4 | 941.1 |
| Net income 1 | 68.64 | 327.8 | 582.5 | 475.3 | 550 | 671.7 | 822.8 |
| Net margin | - | 4.24% | 5.43% | 4.42% | 4.69% | 5.02% | 5.41% |
| EPS 2 | 0.0930 | 0.4480 | 0.7780 | 0.6020 | 0.6976 | 0.8522 | 1.043 |
| Free Cash Flow 1 | - | 418 | -406.7 | - | 669 | 832 | 1,044 |
| FCF margin | - | 5.4% | -3.79% | - | 5.7% | 6.22% | 6.87% |
| FCF Conversion (EBITDA) | - | 81.48% | - | - | 81.38% | 84.72% | 93.97% |
| FCF Conversion (Net income) | - | 127.52% | - | - | 121.64% | 123.87% | 126.88% |
| Dividend per Share 2 | - | 0.1500 | 0.2300 | 0.1900 | 0.2183 | 0.2687 | 0.3346 |
| Announcement Date | 4/28/21 | 3/24/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 5,892 | - | 5,550 | 5,517 | 6,182 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | - | 395.4 | - | 328.9 | 314 | 352 |
| Operating Margin | - | 6.71% | - | 5.93% | 5.69% | 5.69% |
| Earnings before Tax (EBT) | - | - | - | 319.3 | - | - |
| Net income 1 | 250.9 | 331.6 | 202.5 | 272.7 | 270 | 303 |
| Net margin | - | 5.63% | - | 4.91% | 4.89% | 4.9% |
| EPS | 0.3420 | - | 0.2570 | 0.3450 | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 8/15/22 | 3/21/23 | 8/22/23 | 3/21/24 | - | - |
1HKD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 2,814 | 2,915 | 3,155 | 3,672 | 5,492 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 418 | -407 | - | 669 | 832 | 1,044 |
| ROE (net income / shareholders' equity) | - | 11.4% | 16.4% | 11.3% | 12% | 13.6% | 14.6% |
| ROA (Net income/ Total Assets) | - | - | 8.43% | 5.19% | 4.93% | 5.52% | 6.14% |
| Assets 1 | - | - | 6,913 | 9,158 | 11,167 | 12,162 | 13,395 |
| Book Value Per Share 2 | - | 4.170 | 5.470 | 5.540 | 6.000 | 6.630 | 7.390 |
| Cash Flow per Share 2 | - | 0.9100 | 1.030 | - | 1.050 | 1.660 | 1.360 |
| Capex 1 | - | 247 | 1,181 | - | 389 | 375 | 392 |
| Capex / Sales | - | 3.19% | 11.01% | - | 3.32% | 2.8% | 2.58% |
| Announcement Date | 4/28/21 | 3/24/22 | 3/21/23 | 3/21/24 | - | - | - |
1HKD in Million2HKD
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
5.78
HKD
Average target price
8.341
HKD
Spread / Average Target
+44.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -18.56% | 552M | |
| +10.25% | 27.42B | |
| +11.16% | 12.11B | |
| +6.60% | 7.37B | |
| +0.83% | 4.31B | |
| -8.23% | 4.27B | |
| +20.00% | 4.01B | |
| -0.35% | 3.97B | |
| -17.27% | 3.81B | |
| -23.66% | 2.76B |
- Stock Market
- Equities
- 710 Stock
- Financials BOE Varitronix Limited
