Financials Enghouse Systems Limited

Equities

ENGH

CA2929491041

Software

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
29.93 CAD -0.17% Intraday chart for Enghouse Systems Limited -1.90% -14.73%

Valuation

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,099 3,659 2,980 1,674 1,799 1,657 -
Enterprise Value (EV) 1 1,949 3,449 2,810 1,466 1,571 1,405 1,447
P/E ratio 29.7 x 37.4 x 32.3 x 17.8 x 24.9 x 21.2 x 19.3 x
Yield - 0.78% 3.99% 2.44% - - -
Capitalization / Revenue 5.44 x 7.26 x 6.38 x 3.91 x 3.96 x 3.36 x 3.11 x
EV / Revenue 5.05 x 6.85 x 6.01 x 3.43 x 3.46 x 2.85 x 2.71 x
EV / EBITDA 16.9 x 19.5 x 16.7 x 10.4 x 11.7 x 9.88 x 9.28 x
EV / FCF 24.6 x 20.8 x 24.4 x 14.3 x 13.8 x 11.5 x 11.1 x
FCF Yield 4.06% 4.8% 4.1% 6.98% 7.27% 8.66% 9.04%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 54,694 55,349 55,533 55,263 55,257 55,366 -
Reference price 2 38.37 66.11 53.67 30.29 32.56 29.93 29.93
Announcement Date 12/12/19 12/17/20 12/16/21 12/15/22 12/14/23 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025
Net sales 1 385.9 503.8 467.2 427.6 454 493 533
EBITDA 1 115.6 176.8 168.5 140.6 133.8 142.2 155.8
EBIT 1 81.48 117.9 113.7 93.9 84.98 89.6 95.8
Operating Margin 21.12% 23.4% 24.34% 21.96% 18.72% 18.17% 17.97%
Earnings before Tax (EBT) 1 84.25 121.8 107.4 96.24 87.22 91.45 96.05
Net income 1 70.85 98.59 92.79 94.5 72.25 78.33 86.03
Net margin 18.36% 19.57% 19.86% 22.1% 15.91% 15.89% 16.14%
EPS 2 1.290 1.770 1.660 1.700 1.310 1.413 1.550
Free Cash Flow 1 79.22 165.6 115.1 102.3 114.2 121.7 130.7
FCF margin 20.53% 32.87% 24.64% 23.92% 25.16% 24.68% 24.52%
FCF Conversion (EBITDA) 68.54% 93.66% 68.32% 72.72% 85.38% 85.57% 83.89%
FCF Conversion (Net income) 111.82% 167.97% 124.07% 108.22% 158.12% 155.36% 151.92%
Dividend per Share - 0.5150 2.140 0.7400 - - -
Announcement Date 12/12/19 12/17/20 12/16/21 12/15/22 12/14/23 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 113.1 111.1 106.3 102.1 108.1 106.4 113.5 111 123.1 120.5 123.6 119.1 120.9 127.4 136.4
EBITDA 1 42.12 38.56 33.78 32.49 35.8 32.28 30.19 33.42 37.92 34.73 35.46 35.47 36.56 37.7 40.2
EBIT 1 28.73 26.07 19.18 21.49 24.45 21.08 17.8 21.49 24.6 22.35 22.3 22 23 22.6 23.5
Operating Margin 25.4% 23.46% 18.04% 21.04% 22.62% 19.81% 15.69% 19.36% 19.98% 18.55% 18.04% 18.48% 19.03% 17.74% 17.23%
Earnings before Tax (EBT) 1 27.97 26.62 22.09 22.32 25.21 20.68 15.18 21.73 29.64 22.64 24.7 23.8 24.8 24.1 24.8
Net income 1 30.19 21.6 17.87 18.08 36.95 17.02 12.54 17.57 25.12 18.13 21.25 19.3 20.9 19.4 20
Net margin 26.69% 19.44% 16.81% 17.71% 34.19% 15.99% 11.05% 15.83% 20.4% 15.05% 17.19% 16.21% 17.29% 15.23% 14.66%
EPS 2 0.5400 0.3900 0.3200 0.3300 0.6700 0.3100 0.2300 0.3200 0.4500 0.3300 0.3633 0.3300 0.3300 0.3500 0.3600
Dividend per Share 0.1600 0.1850 - - - - - 0.2200 - - - - - - -
Announcement Date 12/16/21 3/3/22 6/7/22 9/8/22 12/15/22 3/9/23 6/12/23 9/7/23 12/14/23 3/13/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - -
Net Cash position 1 149 210 171 208 228 252 211
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 79.2 166 115 102 114 122 131
ROE (net income / shareholders' equity) - 21.9% - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share 1.480 3.020 2.120 - - - -
Capex 1 2.16 2.54 3.33 0.92 1.06 3 3
Capex / Sales 0.56% 0.5% 0.71% 0.21% 0.23% 0.61% 0.56%
Announcement Date 12/12/19 12/17/20 12/16/21 12/15/22 12/14/23 - -
1CAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
29.93 CAD
Average target price
38.33 CAD
Spread / Average Target
+28.08%
Consensus
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