Financials Eagle Nice (International) Holdings Limited

Equities

2368

KYG2951U1013

Apparel & Accessories

Delayed Hong Kong S.E. 02:26:00 2024-04-29 am EDT 5-day change 1st Jan Change
4.8 HKD +0.84% Intraday chart for Eagle Nice (International) Holdings Limited +3.23% +13.48%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,874 1,607 1,256 2,516 2,375 2,295
Enterprise Value (EV) 1 1,826 1,930 1,409 2,478 2,521 2,350
P/E ratio 8.15 x 10.9 x 5.62 x 8.03 x 8.64 x 7.85 x
Yield 8% 6.62% 12.3% 8.88% 8.09% 8.84%
Capitalization / Revenue 0.89 x 0.59 x 0.42 x 0.77 x 0.65 x 0.57 x
EV / Revenue 0.87 x 0.71 x 0.47 x 0.76 x 0.69 x 0.58 x
EV / EBITDA 6.72 x 7.24 x 4.02 x 5.16 x 5.64 x 4.45 x
EV / FCF -16.7 x -96.3 x 5.33 x 8.85 x 19.8 x 5.88 x
FCF Yield -5.98% -1.04% 18.8% 11.3% 5.04% 17%
Price to Book 1.47 x 1.23 x 0.97 x 1.66 x 1.42 x 1.41 x
Nbr of stocks (in thousands) 499,680 532,000 532,000 532,000 533,800 533,800
Reference price 2 3.750 3.020 2.360 4.730 4.450 4.300
Announcement Date 7/13/18 7/22/19 7/24/20 7/19/21 7/26/22 7/24/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 2,109 2,701 3,017 3,249 3,668 4,051
EBITDA 1 271.5 266.4 350.2 480.4 447.2 528.4
EBIT 1 217.6 190.9 261 387.3 348.6 428
Operating Margin 10.31% 7.07% 8.65% 11.92% 9.5% 10.57%
Earnings before Tax (EBT) 1 273.7 182.7 295.1 422.4 363.9 399.4
Net income 1 230 140.4 223.5 313.6 274.6 292.6
Net margin 10.9% 5.2% 7.41% 9.65% 7.49% 7.22%
EPS 2 0.4600 0.2770 0.4200 0.5890 0.5150 0.5480
Free Cash Flow 1 -109.2 -20.03 264.3 280.1 127.1 399.7
FCF margin -5.18% -0.74% 8.76% 8.62% 3.46% 9.87%
FCF Conversion (EBITDA) - - 75.47% 58.31% 28.42% 75.64%
FCF Conversion (Net income) - - 118.27% 89.34% 46.28% 136.58%
Dividend per Share 2 0.3000 0.2000 0.2900 0.4200 0.3600 0.3800
Announcement Date 7/13/18 7/22/19 7/24/20 7/19/21 7/26/22 7/24/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 323 153 - 146 54.4
Net Cash position 1 48 - - 38 - -
Leverage (Debt/EBITDA) - 1.213 x 0.4376 x - 0.3261 x 0.1029 x
Free Cash Flow 1 -109 -20 264 280 127 400
ROE (net income / shareholders' equity) 19.3% 10.6% 17.1% 22.7% 17.3% 17.7%
ROA (Net income/ Total Assets) 8.24% 5.67% 6.79% 9.79% 7.65% 8.63%
Assets 1 2,791 2,474 3,293 3,204 3,591 3,391
Book Value Per Share 2 2.540 2.450 2.440 2.840 3.140 3.050
Cash Flow per Share 2 0.4500 0.3600 0.6400 0.8300 0.8500 0.9700
Capex 1 117 96.3 92.1 10.8 124 106
Capex / Sales 5.54% 3.57% 3.05% 0.33% 3.39% 2.61%
Announcement Date 7/13/18 7/22/19 7/24/20 7/19/21 7/26/22 7/24/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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