Financials DoubleDragon Corporation

Equities

DD

PHY2105Y1083

Real Estate Development & Operations

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.93 PHP -0.25% Intraday chart for DoubleDragon Corporation -0.50% +4.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 42,237 44,746 35,276 17,188 15,759 17,822
Enterprise Value (EV) 1 76,998 84,780 80,207 61,823 67,372 79,475
P/E ratio 10.3 x 5.47 x 9.98 x 2.55 x 3.25 x 2.13 x
Yield - - - 2.76% 3.46% 3.45%
Capitalization / Revenue 9.05 x 6.77 x 6.47 x 2.82 x 2.39 x 2.27 x
EV / Revenue 16.5 x 12.8 x 14.7 x 10.1 x 10.2 x 10.1 x
EV / EBITDA 59.5 x 27.8 x 25.9 x 18.1 x 22 x 21.2 x
EV / FCF 44 x 23.8 x -28.1 x -19.1 x -57.8 x -39.1 x
FCF Yield 2.27% 4.2% -3.55% -5.25% -1.73% -2.56%
Price to Book 3.48 x 2.2 x 1.48 x 0.55 x 0.45 x 0.42 x
Nbr of stocks (in thousands) 2,367,529 2,367,529 2,367,529 2,367,529 2,345,029 2,345,029
Reference price 2 17.84 18.90 14.90 7.260 6.720 7.600
Announcement Date 4/16/19 6/30/20 5/18/21 5/17/22 4/19/23 4/17/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,669 6,608 5,454 6,097 6,596 7,853
EBITDA 1 1,293 3,046 3,097 3,414 3,064 3,756
EBIT 1 1,176 2,902 2,935 3,279 2,855 3,592
Operating Margin 25.19% 43.92% 53.81% 53.79% 43.28% 45.74%
Earnings before Tax (EBT) 1 10,655 15,652 10,184 11,036 8,212 18,155
Net income 1 4,606 8,832 4,184 7,404 5,552 9,251
Net margin 98.63% 133.66% 76.7% 121.45% 84.17% 117.8%
EPS 2 1.725 3.457 1.493 2.850 2.070 3.566
Free Cash Flow 1 1,750 3,559 -2,851 -3,243 -1,165 -2,032
FCF margin 37.47% 53.86% -52.26% -53.19% -17.67% -25.87%
FCF Conversion (EBITDA) 135.28% 116.82% - - - -
FCF Conversion (Net income) 37.99% 40.29% - - - -
Dividend per Share - - - 0.2002 0.2324 0.2624
Announcement Date 4/16/19 6/30/20 5/18/21 5/17/22 4/19/23 4/17/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 34,761 40,034 44,931 44,635 51,613 61,653
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 26.88 x 13.14 x 14.51 x 13.08 x 16.85 x 16.42 x
Free Cash Flow 1 1,750 3,559 -2,851 -3,243 -1,165 -2,032
ROE (net income / shareholders' equity) 26.9% 27.7% 13% 19.1% 17.1% 18.1%
ROA (Net income/ Total Assets) 1% 1.85% 1.56% 1.56% 1.2% 1.33%
Assets 1 460,045 477,378 267,363 474,274 464,329 696,421
Book Value Per Share 2 5.130 8.580 10.10 13.10 14.90 18.00
Cash Flow per Share 2 0.2600 2.830 1.680 3.280 2.370 1.240
Capex 1 93.5 75.5 30 126 55 642
Capex / Sales 2% 1.14% 0.55% 2.07% 0.83% 8.17%
Announcement Date 4/16/19 6/30/20 5/18/21 5/17/22 4/19/23 4/17/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. DD Stock
  4. Financials DoubleDragon Corporation