CMC MARKETS PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 274 GBX | +4.98% |
|
+11.38% | +160.95% |
| Apr. 23 | GSTechnologies raises GBP1.3 million through share placing | AN |
| Apr. 08 | CMC rises again; Gulf Marine returns gains | AN |
Valuation
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 239.7 | 519.5 | 1,402 | 737.2 | 490.8 | 764.8 | - | - |
| Enterprise Value (EV) 1 | 193.3 | 436.9 | 1,402 | 560.8 | 344.5 | 608.7 | 595.2 | 567.5 |
| P/E ratio | 41.6 x | 5.98 x | 7.89 x | 10.3 x | 12 x | 18.2 x | 18.8 x | 17.7 x |
| Yield | 2.44% | 8.35% | 6.34% | 4.86% | 4.21% | 2.56% | 2.81% | 3.09% |
| Capitalization / Revenue | 1.83 x | 2.06 x | 3.42 x | 2.61 x | 1.7 x | 2.41 x | 2.49 x | 2.39 x |
| EV / Revenue | 1.48 x | 1.73 x | 3.42 x | 1.99 x | 1.19 x | 1.92 x | 1.94 x | 1.77 x |
| EV / EBITDA | 12.8 x | 3.91 x | 5.92 x | 5.3 x | 4.91 x | 7.92 x | 7.59 x | 6.68 x |
| EV / FCF | - | - | - | 3.91 x | 5.38 x | 17.3 x | 15.6 x | 14.4 x |
| FCF Yield | - | - | - | 25.6% | 18.6% | 5.78% | 6.41% | 6.93% |
| Price to Book | 1.17 x | 1.84 x | 3.49 x | 2 x | 1.33 x | 1.91 x | 1.82 x | 1.73 x |
| Nbr of stocks (in thousands) | 288,418 | 288,610 | 290,362 | 289,677 | 279,162 | 279,110 | - | - |
| Reference price 2 | 0.8310 | 1.800 | 4.830 | 2.545 | 1.758 | 2.740 | 2.740 | 2.740 |
| Announcement Date | 6/6/19 | 6/11/20 | 6/10/21 | 6/9/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 130.8 | 252 | 409.8 | 282 | 288.4 | 317 | 307.2 | 320.5 |
| EBITDA 1 | 15.1 | 111.7 | 237 | 105.7 | 70.12 | 76.87 | 78.45 | 84.89 |
| EBIT 1 | 7.771 | 100.7 | 225.8 | 92.82 | 54.48 | 58.6 | 55.45 | 58 |
| Operating Margin | 5.94% | 39.96% | 55.1% | 32.92% | 18.89% | 18.49% | 18.05% | 18.1% |
| Earnings before Tax (EBT) 1 | 6.329 | 98.7 | 224 | 92.14 | 52.16 | 57.7 | 55.13 | 58.89 |
| Net income 1 | 5.878 | 86.9 | 178.1 | 72 | 41.44 | 43.15 | 39.67 | 38.7 |
| Net margin | 4.49% | 34.48% | 43.47% | 25.54% | 14.37% | 13.61% | 12.91% | 12.07% |
| EPS 2 | 0.0200 | 0.3010 | 0.6120 | 0.2470 | 0.1460 | 0.1506 | 0.1456 | 0.1546 |
| Free Cash Flow 1 | - | - | - | 143.6 | 64.07 | 35.2 | 38.15 | 39.35 |
| FCF margin | - | - | - | 50.92% | 22.21% | 11.11% | 12.42% | 12.28% |
| FCF Conversion (EBITDA) | - | - | - | 135.8% | 91.38% | 45.79% | 48.63% | 46.35% |
| FCF Conversion (Net income) | - | - | - | 199.41% | 154.61% | 81.58% | 96.18% | 101.68% |
| Dividend per Share 2 | 0.0203 | 0.1503 | 0.3063 | 0.1238 | 0.0740 | 0.0702 | 0.0769 | 0.0846 |
| Announcement Date | 6/6/19 | 6/11/20 | 6/10/21 | 6/9/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Maart | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2023 S1 | 2023 S2 | 2024 S1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 102.3 | 149.7 | 230.9 | 178.9 | 153.5 | 135 | 122.6 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | - | 69.57 | - | 83.77 | 37.89 | 16.59 | 4.247 |
| Operating Margin | - | 46.47% | - | 46.82% | 24.69% | 12.29% | 3.47% |
| Earnings before Tax (EBT) | - | 68.6 | - | 82.9 | - | - | - |
| Net income | - | 59.4 | - | 67.32 | - | - | - |
| Net margin | - | 39.68% | - | 37.63% | - | - | - |
| EPS | - | 0.2070 | - | - | - | - | - |
| Dividend per Share | - | 0.1218 | 0.0920 | 0.2143 | 0.0350 | 0.0390 | - |
| Announcement Date | 11/21/19 | 6/11/20 | 11/19/20 | 6/10/21 | 11/16/22 | 6/13/23 | 11/16/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 46.4 | 82.6 | - | 176 | 146 | 156 | 170 | 197 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | 144 | 64.1 | 35.2 | 38.2 | 39.4 |
| ROE (net income / shareholders' equity) | 2.77% | 35.6% | 52.1% | 18.7% | 11.1% | 10.6% | 11.2% | 10.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 0.7100 | 0.9800 | 1.380 | 1.270 | 1.330 | 1.430 | 1.500 | 1.590 |
| Cash Flow per Share 2 | 0.0700 | 0.2200 | 0.4100 | 0.5800 | - | -0.0100 | -1.150 | - |
| Capex 1 | 3.8 | 2.65 | 4.16 | 3.5 | 7.09 | 11.9 | 9.05 | 10.8 |
| Capex / Sales | 2.91% | 1.05% | 1.02% | 1.24% | 2.46% | 3.75% | 2.95% | 3.37% |
| Announcement Date | 6/6/19 | 6/11/20 | 6/10/21 | 6/9/22 | 6/13/23 | - | - | - |
1GBP in Million2GBP
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
B-
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
6
Last Close Price
2.74
GBP
Average target price
1.785
GBP
Spread / Average Target
-34.85%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +160.95% | 953M | |
| -6.55% | 28.58B | |
| -6.85% | 15.75B | |
| +2.66% | 14.3B | |
| -19.22% | 11.55B | |
| -3.68% | 9.03B | |
| -13.34% | 6.98B | |
| +5.18% | 5.82B | |
| -3.56% | 5.76B | |
| +18.21% | 4.64B |
- Stock Market
- Equities
- CMCX Stock
- Financials CMC Markets plc
