Financials Computer And Technologies Holdings Limited

Equities

46

BMG2335C1082

Software

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
2.21 HKD 0.00% Intraday chart for Computer And Technologies Holdings Limited -1.34% -12.99%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 716.4 770.9 585.9 679.1 596.2 623.4
Enterprise Value (EV) 1 456.4 534.2 293.6 397.2 298.4 316.4
P/E ratio 10.4 x 13.9 x 9.8 x 12.6 x 12.7 x 18.9 x
Yield 7.29% 5.45% 7.17% 6.2% 5.83% 4.33%
Capitalization / Revenue 2.55 x 2.79 x 2.29 x 2.56 x 2.22 x 2.42 x
EV / Revenue 1.62 x 1.94 x 1.15 x 1.5 x 1.11 x 1.23 x
EV / EBITDA 7.08 x 10.2 x 6.09 x 7.18 x 6.43 x 9.22 x
EV / FCF 14 x 44.1 x 6.36 x 10.6 x 6.38 x 6.64 x
FCF Yield 7.15% 2.27% 15.7% 9.44% 15.7% 15.1%
Price to Book 1.49 x 1.6 x 1.14 x 1.3 x 1.14 x 1.24 x
Nbr of stocks (in thousands) 248,753 247,095 247,212 247,833 248,406 245,430
Reference price 2 2.880 3.120 2.370 2.740 2.400 2.540
Announcement Date 4/16/19 4/8/20 4/15/21 4/28/22 4/25/23 4/19/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 281.4 275.9 256.3 265.5 268.7 257.5
EBITDA 1 64.47 52.19 48.19 55.31 46.38 34.31
EBIT 1 60.76 49.14 45.1 52.24 39.73 25.07
Operating Margin 21.59% 17.81% 17.6% 19.68% 14.79% 9.74%
Earnings before Tax (EBT) 1 75.2 60.2 61.64 57.63 51.43 37.78
Net income 1 68.03 55.89 60.12 53.84 47.01 33.35
Net margin 24.17% 20.26% 23.46% 20.28% 17.49% 12.95%
EPS 2 0.2778 0.2249 0.2419 0.2167 0.1894 0.1344
Free Cash Flow 1 32.64 12.12 46.2 37.48 46.76 47.65
FCF margin 11.6% 4.39% 18.03% 14.12% 17.4% 18.5%
FCF Conversion (EBITDA) 50.63% 23.23% 95.87% 67.76% 100.82% 138.87%
FCF Conversion (Net income) 47.98% 21.69% 76.83% 69.61% 99.46% 142.88%
Dividend per Share 2 0.2100 0.1700 0.1700 0.1700 0.1400 0.1100
Announcement Date 4/16/19 4/8/20 4/15/21 4/28/22 4/25/23 4/19/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 260 237 292 282 298 307
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 32.6 12.1 46.2 37.5 46.8 47.7
ROE (net income / shareholders' equity) 14.6% 11.7% 12% 10.2% 8.97% 6.46%
ROA (Net income/ Total Assets) 6.13% 4.85% 4.33% 4.84% 3.65% 2.35%
Assets 1 1,110 1,151 1,388 1,112 1,287 1,419
Book Value Per Share 2 1.930 1.950 2.070 2.100 2.100 2.050
Cash Flow per Share 2 1.030 0.8100 1.190 1.200 1.250 1.290
Capex 1 1.24 1.46 0.78 0.64 0.94 0.42
Capex / Sales 0.44% 0.53% 0.3% 0.24% 0.35% 0.16%
Announcement Date 4/16/19 4/8/20 4/15/21 4/28/22 4/25/23 4/19/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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