Financials FirstFarms A/S

Equities

FFARMS

DK0060056166

Fishing & Farming

Market Closed - Nasdaq Copenhagen 08:56:07 2024-04-29 am EDT After market 10:55:00 am
80 DKK +0.76% Intraday chart for FirstFarms A/S 80 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 285.8 420.2 490.3 562.8 730.3 672.4
Enterprise Value (EV) 1 623.7 913.1 959.7 915.7 1,208 1,255
P/E ratio 35.2 x 20 x 20.6 x 17.7 x 11.3 x 25.8 x
Yield 1.14% - 1.16% 1.19% 1.23% -
Capitalization / Revenue 1.15 x 1.28 x 1.57 x 1.52 x 1.75 x 1.46 x
EV / Revenue 2.51 x 2.78 x 3.07 x 2.47 x 2.89 x 2.72 x
EV / EBITDA 10.3 x 9.74 x 15.5 x 9.84 x 8.39 x 13.9 x
EV / FCF -36.6 x -241 x -340 x 218 x -6.98 x -9.89 x
FCF Yield -2.74% -0.42% -0.29% 0.46% -14.3% -10.1%
Price to Book 0.77 x 1.07 x 1.01 x 1.06 x 1.07 x 0.93 x
Nbr of stocks (in thousands) 6,159 6,318 7,567 7,861 9,460 9,946
Reference price 2 46.40 66.50 64.80 71.60 77.20 67.60
Announcement Date 3/26/19 3/31/20 3/25/21 3/23/22 3/30/23 3/21/24
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 248.9 328.1 312.6 370.3 418.4 461.6
EBITDA 1 60.7 93.71 61.85 93.09 144 90.15
EBIT 1 29.07 46.55 15.88 49.34 93.32 39.01
Operating Margin 11.68% 14.19% 5.08% 13.32% 22.31% 8.45%
Earnings before Tax (EBT) 1 11.52 28.97 31.4 45.91 83.57 33.56
Net income 1 8.131 22.42 24.79 34.76 65.47 26.04
Net margin 3.27% 6.84% 7.93% 9.39% 15.65% 5.64%
EPS 2 1.320 3.330 3.146 4.055 6.828 2.618
Free Cash Flow 1 -17.06 -3.792 -2.823 4.191 -173.2 -126.8
FCF margin -6.85% -1.16% -0.9% 1.13% -41.39% -27.48%
FCF Conversion (EBITDA) - - - 4.5% - -
FCF Conversion (Net income) - - - 12.06% - -
Dividend per Share 2 0.5300 - 0.7500 0.8500 0.9500 -
Announcement Date 3/26/19 3/31/20 3/25/21 3/23/22 3/30/23 3/21/24
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 338 493 469 353 478 582
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.567 x 5.26 x 7.589 x 3.791 x 3.32 x 6.458 x
Free Cash Flow 1 -17.1 -3.79 -2.82 4.19 -173 -127
ROE (net income / shareholders' equity) 2.37% 5.88% 5.66% 6.86% 10.8% 3.71%
ROA (Net income/ Total Assets) 2.61% 3.15% 0.9% 2.75% 4.78% 1.71%
Assets 1 311.3 711.7 2,765 1,263 1,369 1,523
Book Value Per Share 2 60.10 62.10 63.90 67.40 72.20 72.60
Cash Flow per Share 2 0.5900 0.4800 1.020 9.850 2.310 2.600
Capex 1 27.3 71.6 81.4 54.3 200 179
Capex / Sales 10.95% 21.82% 26.05% 14.67% 47.9% 38.88%
Announcement Date 3/26/19 3/31/20 3/25/21 3/23/22 3/30/23 3/21/24
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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