Financials Craneware plc

Equities

Market Closed - London S.E. Other stock markets 11:35:02 2024-04-26 am EDT			5-day change	1st Jan Change
2,160 ^GBX	-3.57%		-2.70%	+23.43%

Apr. 16	Craneware extends share buyback scheme again by three months	AN
Apr. 16	Craneware plc's Equity Buyback Plan Extended till July 17, 2024.	CI

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	635.1	559.2	961.7	787.4	604.9	940.7	-	-
Enterprise Value (EV) ¹	587.5	513.4	727.2	851.8	611.6	937.6	928.1	918.3
P/E ratio	43.9 x	34.1 x	62 x	84.4 x	66.4 x	98.9 x	74.1 x	59 x
Yield	1.37%	1.54%	1.29%	1.52%	2.07%	1.35%	1.43%	1.51%
Capitalization / Revenue	8.89 x	7.82 x	12.7 x	4.76 x	3.48 x	5.09 x	4.74 x	4.42 x
EV / Revenue	8.23 x	7.18 x	9.62 x	5.15 x	3.51 x	5.08 x	4.68 x	4.32 x
EV / EBITDA	24.5 x	20.4 x	26.8 x	16.5 x	11.1 x	16.3 x	15 x	13.9 x
EV / FCF	194 x	46.8 x	55 x	65.9 x	7.35 x	41.3 x	32.1 x	29.6 x
FCF Yield	0.52%	2.14%	1.82%	1.52%	13.6%	2.42%	3.12%	3.38%
Price to Book	10.8 x	8.41 x	3.08 x	2.38 x	1.87 x	2.76 x	2.8 x	2.82 x
Nbr of stocks (in thousands)	26,328	26,477	32,653	35,194	34,915	34,963	-	-
Reference price ²	24.12	21.12	29.45	22.37	17.33	26.90	26.90	26.90
Announcement Date	9/3/19	9/21/20	9/21/21	9/20/22	9/5/23	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	71.4	71.5	75.58	165.5	174	184.7	198.3	212.7
EBITDA ¹	24	25.2	27.11	51.76	54.89	57.39	61.97	66.18
EBIT ¹	19.3	20.34	21.87	42.59	43.66	44.78	48.42	52.4
Operating Margin	27.03%	28.45%	28.93%	25.73%	25.09%	24.24%	24.42%	24.63%
Earnings before Tax (EBT) ¹	18.32	19.3	13.16	13.1	13.08	15.35	19.97	23.59
Net income ¹	14.98	16.84	12.9	9.409	9.232	11.84	15.65	19.55
Net margin	20.99%	23.55%	17.08%	5.68%	5.31%	6.41%	7.89%	9.19%
EPS ²	0.5500	0.6190	0.4750	0.2650	0.2610	0.2720	0.3632	0.4562
Free Cash Flow ¹	3.029	10.96	13.21	12.93	83.2	22.7	28.92	31.05
FCF margin	4.24%	15.33%	17.48%	7.81%	47.81%	12.29%	14.59%	14.6%
FCF Conversion (EBITDA)	12.62%	43.5%	48.73%	24.98%	151.56%	39.55%	46.67%	46.91%
FCF Conversion (Net income)	20.21%	65.1%	102.37%	137.43%	901.18%	191.67%	184.82%	158.82%
Dividend per Share ²	0.3302	0.3260	0.3810	0.3396	0.3595	0.3620	0.3840	0.4075
Announcement Date	9/3/19	9/21/20	9/21/21	9/20/22	9/5/23	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: Juni	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	64.4	6.72	-	-	-
Net Cash position ¹	47.6	45.8	234	-	-	3.03	12.6	22.3
Leverage (Debt/EBITDA)	-	-	-	1.244 x	0.1224 x	-	-	-
Free Cash Flow ¹	3.03	11	13.2	12.9	83.2	22.7	28.9	31.1
ROE (net income / shareholders' equity)	26.9%	27.3%	7.85%	9.38%	9.25%	10.1%	10.8%	11.5%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	2.240	2.510	9.570	9.390	9.250	9.740	9.610	9.530
Cash Flow per Share ²	0.4900	0.7600	0.8700	0.7600	0.3000	1.160	1.360	1.510
Capex ¹	10.4	9.71	10.3	14	15.6	16.4	18	19.4
Capex / Sales	14.61%	13.58%	13.66%	8.48%	8.94%	8.88%	9.08%	9.12%
Announcement Date	9/3/19	9/21/20	9/21/21	9/20/22	9/5/23	-	-	-

¹USD in Million²USD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

26.9 USD

Average target price

33.82 USD

Spread / Average Target

+25.71%

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