DS SMITH PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 340 GBX | 0.00% |
|
-5.19% | +10.64% |
| Apr. 25 | International Paper tops quarterly sales on higher prices, demand rebound | RE |
| Apr. 23 | UK stocks may finally be back in fashion | RE |
Valuation
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,892 | 4,277 | 5,772 | 4,543 | 4,268 | 4,686 | - | - |
| Enterprise Value (EV) 1 | 7,169 | 6,378 | 7,567 | 6,027 | 4,268 | 6,660 | 6,568 | 6,425 |
| P/E ratio | 17.3 x | 8.1 x | 29.6 x | 16.3 x | 8.74 x | 12.6 x | 11.8 x | 10.7 x |
| Yield | 4.54% | - | 2.88% | 4.53% | - | 5.2% | 5.21% | 5.6% |
| Capitalization / Revenue | 0.79 x | 0.71 x | 0.97 x | 0.63 x | 0.52 x | 0.67 x | 0.65 x | 0.62 x |
| EV / Revenue | 1.16 x | 1.06 x | 1.27 x | 0.83 x | 0.52 x | 0.95 x | 0.91 x | 0.85 x |
| EV / EBITDA | 8.74 x | 6.67 x | 9.39 x | 6.65 x | 3.64 x | 6.51 x | 6.21 x | 5.65 x |
| EV / FCF | 21.1 x | 18 x | 15.6 x | 11.6 x | - | 342 x | 20.1 x | 17.8 x |
| FCF Yield | 4.73% | 5.55% | 6.42% | 8.61% | - | 0.29% | 4.98% | 5.62% |
| Price to Book | 1.52 x | 1.28 x | 1.63 x | 1.07 x | - | 1.14 x | 1.09 x | 1.03 x |
| Nbr of stocks (in thousands) | 1,370,294 | 1,371,316 | 1,371,775 | 1,372,931 | 1,376,455 | 1,378,260 | - | - |
| Reference price 2 | 3.570 | 3.119 | 4.208 | 3.309 | 3.101 | 3.400 | 3.400 | 3.400 |
| Announcement Date | 6/13/19 | 7/2/20 | 6/22/21 | 6/21/22 | 6/22/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,171 | 6,043 | 5,976 | 7,241 | 8,221 | 7,010 | 7,210 | 7,587 |
| EBITDA 1 | 820 | 956 | 806 | 906 | 1,173 | 1,023 | 1,057 | 1,137 |
| EBIT 1 | 631 | 660 | 502 | 616 | 861 | 697.3 | 728.1 | 789.7 |
| Operating Margin | 10.23% | 10.92% | 8.4% | 8.51% | 10.47% | 9.95% | 10.1% | 10.41% |
| Earnings before Tax (EBT) 1 | 350 | 368 | 231 | 378 | 661 | 490.7 | 534.7 | 607.8 |
| Net income 1 | 274 | 527 | 194 | 280 | 492 | 372.9 | 397.7 | 437.8 |
| Net margin | 4.44% | 8.72% | 3.25% | 3.87% | 5.98% | 5.32% | 5.52% | 5.77% |
| EPS 2 | 0.2060 | 0.3850 | 0.1420 | 0.2030 | 0.3550 | 0.2698 | 0.2884 | 0.3167 |
| Free Cash Flow 1 | 339 | 354 | 486 | 519 | - | 19.48 | 327.4 | 361.2 |
| FCF margin | 5.49% | 5.86% | 8.13% | 7.17% | - | 0.28% | 4.54% | 4.76% |
| FCF Conversion (EBITDA) | 41.34% | 37.03% | 60.3% | 57.28% | - | 1.91% | 30.97% | 31.78% |
| FCF Conversion (Net income) | 123.72% | 67.17% | 250.52% | 185.36% | - | 5.22% | 82.31% | 82.51% |
| Dividend per Share 2 | 0.1620 | - | 0.1210 | 0.1500 | - | 0.1766 | 0.1772 | 0.1903 |
| Announcement Date | 6/13/19 | 7/2/20 | 6/22/21 | 6/21/22 | 6/22/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,188 | 2,855 | 2,889 | 3,087 | 3,362 | 3,879 | 4,299 | 3,922 | 3,513 | 3,434 |
| EBITDA 1 | 498 | 458 | 385 | 421 | 423 | 483 | 572 | 601 | 522 | 492 |
| EBIT 1 | 351 | 309 | 230 | 272 | 276 | 340 | 418 | 443 | 365 | 330.5 |
| Operating Margin | 11.01% | 10.82% | 7.96% | 8.81% | 8.21% | 8.77% | 9.72% | 11.3% | 10.39% | 9.62% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | - | 0.2650 | - | 0.0880 | 0.0980 | 0.1050 | - | - | - | - |
| Dividend per Share 2 | 0.0540 | - | 0.0400 | 0.0810 | 0.0400 | 0.1100 | 0.0600 | - | 0.0600 | 0.1200 |
| Announcement Date | 12/5/19 | 7/2/20 | 12/10/20 | 6/22/21 | 12/9/21 | 6/21/22 | 12/8/22 | 6/22/23 | 12/7/23 | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,277 | 2,101 | 1,795 | 1,484 | - | 1,974 | 1,882 | 1,739 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.777 x | 2.198 x | 2.227 x | 1.638 x | - | 1.931 x | 1.781 x | 1.53 x |
| Free Cash Flow 1 | 339 | 354 | 486 | 519 | - | 19.5 | 327 | 361 |
| ROE (net income / shareholders' equity) | 14.4% | 14.1% | 9.65% | 10.9% | - | 11% | 11.2% | 11.7% |
| ROA (Net income/ Total Assets) | 5.06% | 5.31% | 3.83% | 4.54% | - | - | - | - |
| Assets 1 | 5,410 | 9,924 | 5,062 | 6,166 | - | - | - | - |
| Book Value Per Share 2 | 2.340 | 2.440 | 2.580 | 3.080 | - | 2.990 | 3.120 | 3.290 |
| Cash Flow per Share | 0.4000 | 0.4800 | 0.5500 | 0.6700 | - | - | - | - |
| Capex 1 | 303 | 376 | 331 | 431 | - | 494 | 477 | 476 |
| Capex / Sales | 4.91% | 6.22% | 5.54% | 5.95% | - | 7.05% | 6.61% | 6.27% |
| Announcement Date | 6/13/19 | 7/2/20 | 6/22/21 | 6/21/22 | 6/22/23 | - | - | - |
1GBP in Million2GBP
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
OUTPERFORM
Number of Analysts
9
Last Close Price
3.4
GBP
Average target price
3.995
GBP
Spread / Average Target
+17.50%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +10.64% | 5.84B | |
| +6.10% | 15.4B | |
| +13.80% | 12.14B | |
| -6.42% | 11.75B | |
| +11.37% | 11.06B | |
| +1.48% | 10.71B | |
| +11.68% | 8.43B | |
| -10.81% | 8.28B | |
| +1.15% | 5.55B | |
| +5.22% | 4.98B |
- Stock Market
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- Financials DS Smith Plc
