COMFORTDELGRO CORPORATION LIMITED Financials ComfortDelGro Corporation Limited
Equities
C52
SG1N31909426
Passenger Transportation, Ground & Sea
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.48 SGD | 0.00% |
|
+2.07% | +5.71% |
| Apr. 24 | UOB Kay Hian Adjusts ComfortDelGro’s Price Target to SG$1.72 From SG$1.66, Keeps at Buy | MT |
| Apr. 24 | ComfortDelGro, Gojek Launch Cross-Dispatch Model Collaboration | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,155 | 3,618 | 3,034 | 2,664 | 3,032 | 3,205 | - | - |
| Enterprise Value (EV) 1 | 5,195 | 3,428 | 2,733 | 2,150 | 2,525 | 2,857 | 2,805 | 2,787 |
| P/E ratio | 19.5 x | 58.6 x | 23.3 x | 15.4 x | 16.8 x | 14.8 x | 13.7 x | 12.7 x |
| Yield | 4.11% | 0.86% | 3% | 4.02% | 4.76% | 5.32% | 5.75% | 5.17% |
| Capitalization / Revenue | 1.32 x | 1.12 x | 0.86 x | 0.7 x | 0.78 x | 0.8 x | 0.75 x | 0.75 x |
| EV / Revenue | 1.33 x | 1.06 x | 0.77 x | 0.57 x | 0.65 x | 0.71 x | 0.66 x | 0.65 x |
| EV / EBITDA | 5.98 x | 5.72 x | 4.3 x | 3.64 x | 4.01 x | 4.09 x | 3.79 x | 3.68 x |
| EV / FCF | 19.7 x | 9.08 x | 5.86 x | 5.66 x | 20.1 x | 15.6 x | 9.52 x | 9.39 x |
| FCF Yield | 5.07% | 11% | 17.1% | 17.7% | 4.98% | 6.4% | 10.5% | 10.6% |
| Price to Book | 1.99 x | 1.39 x | 1.12 x | 1.04 x | 1.17 x | 1.2 x | 1.17 x | 1.15 x |
| Nbr of stocks (in thousands) | 2,166,159 | 2,166,735 | 2,166,984 | 2,166,107 | 2,165,713 | 2,165,713 | - | - |
| Reference price 2 | 2.380 | 1.670 | 1.400 | 1.230 | 1.400 | 1.480 | 1.480 | 1.480 |
| Announcement Date | 2/14/20 | 2/15/21 | 2/28/22 | 2/24/23 | 2/29/24 | - | - | - |
1SGD in Million2SGD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,906 | 3,229 | 3,538 | 3,781 | 3,880 | 4,030 | 4,249 | 4,283 |
| EBITDA 1 | 868.8 | 599.2 | 635.3 | 590.9 | 629.9 | 698.6 | 740.3 | 757.6 |
| EBIT 1 | 415.8 | 123.1 | 233.7 | 233.7 | 265.7 | 324.8 | 353.6 | 368.7 |
| Operating Margin | 10.65% | 3.81% | 6.6% | 6.18% | 6.85% | 8.06% | 8.32% | 8.61% |
| Earnings before Tax (EBT) 1 | 406.6 | 117.2 | 204.9 | 272.7 | 280 | 330.7 | 361.5 | 381.3 |
| Net income 1 | 265.1 | 61.8 | 130.1 | 173.1 | 180.5 | 215.8 | 236.1 | 250 |
| Net margin | 6.79% | 1.91% | 3.68% | 4.58% | 4.65% | 5.35% | 5.56% | 5.84% |
| EPS 2 | 0.1223 | 0.0285 | 0.0600 | 0.0799 | 0.0833 | 0.1001 | 0.1079 | 0.1166 |
| Free Cash Flow 1 | 263.4 | 377.6 | 466.6 | 380 | 125.7 | 182.7 | 294.7 | 296.8 |
| FCF margin | 6.74% | 11.7% | 13.19% | 10.05% | 3.24% | 4.53% | 6.94% | 6.93% |
| FCF Conversion (EBITDA) | 30.32% | 63.02% | 73.45% | 64.31% | 19.96% | 26.15% | 39.81% | 39.17% |
| FCF Conversion (Net income) | 99.36% | 611% | 358.65% | 219.53% | 69.64% | 84.67% | 124.79% | 118.71% |
| Dividend per Share 2 | 0.0979 | 0.0143 | 0.0420 | 0.0495 | 0.0666 | 0.0787 | 0.0851 | 0.0765 |
| Announcement Date | 2/14/20 | 2/15/21 | 2/28/22 | 2/24/23 | 2/29/24 | - | - | - |
1SGD in Million2SGD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2023 S1 |
|---|---|---|
| Net sales 1 | - | 1,862 |
| EBITDA | - | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income 1 | 118.7 | 78.5 |
| Net margin | - | 4.22% |
| EPS 2 | 0.0548 | 0.0362 |
| Dividend per Share | - | - |
| Announcement Date | 8/12/22 | 8/14/23 |
1SGD in Million2SGD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 40 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 191 | 301 | 514 | 507 | 349 | 401 | 418 |
| Leverage (Debt/EBITDA) | 0.046 x | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 263 | 378 | 467 | 380 | 126 | 183 | 295 | 297 |
| ROE (net income / shareholders' equity) | 10.2% | 2.38% | 4.86% | 6.6% | 6.98% | 8.23% | 8.85% | 9.19% |
| ROA (Net income/ Total Assets) | 5.04% | 1.16% | 2.62% | 3.6% | 3.84% | 4.78% | 5.05% | 5.4% |
| Assets 1 | 5,258 | 5,344 | 4,957 | 4,808 | 4,696 | 4,518 | 4,673 | 4,628 |
| Book Value Per Share 2 | 1.200 | 1.200 | 1.250 | 1.190 | 1.200 | 1.230 | 1.260 | 1.290 |
| Cash Flow per Share 2 | 0.2800 | 0.2200 | 0.3000 | 0.2800 | 0.2100 | 0.3100 | 0.3300 | 0.3400 |
| Capex 1 | 347 | 106 | 194 | 222 | 323 | 372 | 394 | 381 |
| Capex / Sales | 8.87% | 3.29% | 5.49% | 5.88% | 8.33% | 9.22% | 9.27% | 8.89% |
| Announcement Date | 2/14/20 | 2/15/21 | 2/28/22 | 2/24/23 | 2/29/24 | - | - | - |
1SGD in Million2SGD
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
BUY
Number of Analysts
9
Last Close Price
1.48
SGD
Average target price
1.671
SGD
Spread / Average Target
+12.91%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +5.71% | 2.35B | |
| -17.00% | 19.97B | |
| -13.79% | 2.22B | |
| -5.60% | 1.29B | |
| -0.96% | 614M | |
| -4.67% | 567M | |
| -5.28% | 291M | |
| +10.87% | 220M | |
| -0.44% | 209M | |
| -1.20% | 151M |
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- Financials ComfortDelGro Corporation Limited
