Financials Choppies Enterprises Limited

Equities

CHOPPIES

BW0000001072

Food Retail & Distribution

End-of-day quote Botswana S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
0.5 BWP -.--% Intraday chart for Choppies Enterprises Limited -.--% +4.17%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 3,229 891.2 891.5 775.2 633.1 1,160
Enterprise Value (EV) 1 4,027 1,605 2,281 2,193 1,977 2,214
P/E ratio -7.8 x -2.28 x -2.72 x 11.4 x 4.58 x 5.86 x
Yield - - - - - -
Capitalization / Revenue 0.3 x 0.09 x 0.16 x 0.15 x 0.1 x 0.18 x
EV / Revenue 0.37 x 0.17 x 0.42 x 0.41 x 0.33 x 0.34 x
EV / EBITDA 38.8 x -29.8 x 7.23 x 6.95 x 4.62 x 6.34 x
EV / FCF -94.7 x 13.6 x 9.99 x 21.6 x 7.11 x 14.2 x
FCF Yield -1.06% 7.34% 10% 4.63% 14.1% 7.03%
Price to Book 5.36 x -38.7 x -2.43 x -2.26 x -2.65 x 8.21 x
Nbr of stocks (in thousands) 1,291,628 1,291,628 1,292,070 1,292,070 1,292,070 1,812,903
Reference price 2 2.500 0.6900 0.6900 0.6000 0.4900 0.6400
Announcement Date 1/27/20 7/24/20 9/25/20 9/22/21 9/21/22 9/21/23
1BWP in Million2BWP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net sales 1 10,791 9,620 5,421 5,331 6,042 6,433
EBITDA 1 103.8 -53.92 315.5 315.5 428 349
EBIT 1 -103.8 -273.3 222 227.3 344 310
Operating Margin -0.96% -2.84% 4.1% 4.26% 5.69% 4.82%
Earnings before Tax (EBT) 1 -391.4 -401.9 105 116.2 180 165
Net income 1 -418.1 -393.7 -330.4 68.33 140 147
Net margin -3.87% -4.09% -6.09% 1.28% 2.32% 2.29%
EPS 2 -0.3207 -0.3020 -0.2534 0.0524 0.1070 0.1093
Free Cash Flow 1 -42.52 117.9 228.2 101.5 278.1 155.6
FCF margin -0.39% 1.23% 4.21% 1.9% 4.6% 2.42%
FCF Conversion (EBITDA) - - 72.34% 32.16% 64.98% 44.59%
FCF Conversion (Net income) - - - 148.47% 198.66% 105.87%
Dividend per Share - - - - - -
Announcement Date 1/27/20 7/24/20 9/25/20 9/22/21 9/21/22 9/21/23
1BWP in Million2BWP
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 798 714 1,389 1,418 1,344 1,054
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.691 x -13.25 x 4.403 x 4.494 x 3.14 x 3.02 x
Free Cash Flow 1 -42.5 118 228 101 278 156
ROE (net income / shareholders' equity) -55.2% -173% -36.2% -17.9% -36.8% -96.2%
ROA (Net income/ Total Assets) -2.14% -6.57% 6.89% 8.02% 12% 9.54%
Assets 1 19,511 5,992 -4,795 852.4 1,169 1,541
Book Value Per Share 2 0.4700 -0.0200 -0.2800 -0.2700 -0.1800 0.0800
Cash Flow per Share 2 0.0900 0.1600 0.0500 0.0600 0.0700 0.1200
Capex 1 463 191 58.8 56.8 120 181
Capex / Sales 4.29% 1.99% 1.08% 1.07% 1.99% 2.81%
Announcement Date 1/27/20 7/24/20 9/25/20 9/22/21 9/21/22 9/21/23
1BWP in Million2BWP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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