Financials Concurrent Technologies Plc

Equities

Delayed London S.E. Other stock markets 05:17:46 2024-04-29 am EDT			5-day change	1st Jan Change
95.29 ^GBX	+0.31%		+4.72%	+17.64%

Apr. 24	Concurrent awarded USD1.8 million contract from US defence company	AN
Apr. 24	Concurrent Technologies plc Secures $1.57 Million Contract with A Major Global US Prime Contractor	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	49.81	54.54	82.9	56.86	52.82	81.36	81.36	-
Enterprise Value (EV) ¹	42.13	54.54	71.13	56.86	48.31	71.21	68.02	65.76
P/E ratio	16.8 x	13.7 x	30.2 x	20.2 x	53.3 x	23.7 x	19.7 x	15.1 x
Yield	3.36%	-	2.26%	-	-	1.05%	1.16%	1.32%
Capitalization / Revenue	3 x	2.81 x	3.92 x	-	2.89 x	2.62 x	2.45 x	2.17 x
EV / Revenue	2.53 x	2.81 x	3.36 x	-	2.64 x	2.3 x	2.05 x	1.75 x
EV / EBITDA	9.16 x	-	14.3 x	-	23 x	12.8 x	10.4 x	7.74 x
EV / FCF	12.8 x	-	13.8 x	-	-20.4 x	85.8 x	16.7 x	23.5 x
FCF Yield	7.79%	-	7.23%	-	-4.91%	1.17%	5.98%	4.26%
Price to Book	-	-	-	-	2.28 x	2.53 x	2.31 x	2.01 x
Nbr of stocks (in thousands)	72,718	72,718	73,363	73,363	73,363	85,638	85,638	-
Reference price ²	0.6850	0.7500	1.130	0.7750	0.7200	0.9500	0.9500	0.9500
Announcement Date	4/4/19	4/23/20	4/12/21	5/12/22	6/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	16.62	19.38	21.14	-	18.27	31	33.2	37.5
EBITDA ¹	4.6	-	4.99	-	2.1	5.545	6.528	8.5
EBIT ¹	2.885	-	2.916	-	0.4866	3.745	4.178	5.8
Operating Margin	17.36%	-	13.79%	-	2.66%	12.08%	12.58%	15.47%
Earnings before Tax (EBT) ¹	2.974	-	2.848	-	0.3827	3.1	4.3	5.8
Net income ¹	2.968	-	2.75	2.845	0.987	3.1	4.1	5.4
Net margin	17.85%	-	13.01%	-	5.4%	10%	12.35%	14.4%
EPS ²	0.0408	0.0547	0.0374	0.0384	0.0135	0.0401	0.0482	0.0628
Free Cash Flow ¹	3.283	-	5.144	-	-2.371	0.8298	4.065	2.8
FCF margin	19.75%	-	24.33%	-	-12.97%	2.68%	12.25%	7.47%
FCF Conversion (EBITDA)	71.36%	-	103.09%	-	-	14.96%	62.28%	32.94%
FCF Conversion (Net income)	110.61%	-	187.07%	-	-	26.77%	99.16%	51.85%
Dividend per Share ²	0.0230	-	0.0255	-	-	0.0100	0.0110	0.0125
Announcement Date	4/4/19	4/23/20	4/12/21	5/12/22	6/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	7.68	-	11.8	-	4.51	10.1	13.3	15.6
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	3.28	-	5.14	-	-2.37	0.83	4.07	2.8
ROE (net income / shareholders' equity)	-	-	-	-	4.3%	9.5%	11.5%	13.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	-	-	0.3200	0.3800	0.4100	0.4700
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	0.44	-	0.39	-	1.48	0.5	0.8	0.6
Capex / Sales	2.66%	-	1.83%	-	8.1%	1.61%	2.41%	1.6%
Announcement Date	4/4/19	4/23/20	4/12/21	5/12/22	6/30/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.95 GBP

Average target price

1.07 GBP

Spread / Average Target

+12.63%

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