GCP ASSET BACKED INCOME FUND LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 69.2 GBX | +0.87% |
|
+3.59% | +5.49% |
| Apr. 25 | EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling | AN |
| Apr. 25 | GCP Asset Backed Income Fund Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 397.1 | 479.1 | 401.9 | 426.6 | 364.7 | 279.2 |
| Enterprise Value (EV) 1 | 9.505 | 25.82 | -49.24 | -10.91 | -48.79 | -118.5 |
| P/E ratio | 16 x | 15.9 x | 14.7 x | 28.5 x | 48 x | 15.4 x |
| Yield | 5.84% | 5.71% | 6.82% | 6.49% | 7.53% | - |
| Capitalization / Revenue | 14.7 x | 14.1 x | 12.5 x | 22.5 x | 26.7 x | 10.6 x |
| EV / Revenue | 0.35 x | 0.76 x | -1.53 x | -0.58 x | -3.58 x | -4.51 x |
| EV / EBITDA | - | - | - | - | - | - |
| EV / FCF | -0.15 x | 1.42 x | -2.85 x | -1.21 x | -8.65 x | -10.8 x |
| FCF Yield | -670% | 70.2% | -35.1% | -82.5% | -11.6% | -9.24% |
| Price to Book | 1.03 x | 1.06 x | 0.89 x | 0.98 x | 0.89 x | 0.7 x |
| Nbr of stocks (in thousands) | 379,962 | 441,544 | 440,159 | 439,834 | 434,151 | 425,626 |
| Reference price 2 | 1.045 | 1.085 | 0.9130 | 0.9700 | 0.8400 | 0.6560 |
| Announcement Date | 3/29/19 | 4/7/20 | 6/9/23 | 4/13/23 | 4/13/23 | 4/25/24 |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 27.06 | 33.96 | 32.15 | 18.94 | 13.63 | 26.31 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | 22.84 | 28.91 | 28.17 | 15.86 | 8.679 | 21 |
| Operating Margin | 84.42% | 85.13% | 87.6% | 83.74% | 63.66% | 79.83% |
| Earnings before Tax (EBT) 1 | 21.64 | 28.04 | 27.39 | 14.97 | 7.687 | 18.26 |
| Net income 1 | 21.64 | 28.04 | 27.39 | 14.97 | 7.687 | 18.26 |
| Net margin | 79.97% | 82.56% | 85.2% | 79.05% | 56.38% | 69.42% |
| EPS 2 | 0.0654 | 0.0681 | 0.0621 | 0.0340 | 0.0175 | 0.0427 |
| Free Cash Flow 1 | -63.72 | 18.12 | 17.27 | 9.001 | 5.64 | 10.95 |
| FCF margin | -235.48% | 53.36% | 53.72% | 47.52% | 41.37% | 41.62% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | 64.64% | 63.05% | 60.12% | 73.37% | 59.95% |
| Dividend per Share 2 | 0.0610 | 0.0620 | 0.0622 | 0.0630 | 0.0632 | - |
| Announcement Date | 3/29/19 | 4/7/20 | 6/9/23 | 4/13/23 | 4/13/23 | 4/25/24 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 388 | 453 | 451 | 438 | 413 | 398 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -63.7 | 18.1 | 17.3 | 9 | 5.64 | 10.9 |
| ROE (net income / shareholders' equity) | 6.85% | 6.69% | 6.08% | 3.38% | 1.81% | 4.52% |
| ROA (Net income/ Total Assets) | 4.01% | 4.24% | 3.83% | 2.17% | 1.2% | 3.11% |
| Assets 1 | 540.1 | 661 | 714.9 | 690.3 | 640.2 | 587 |
| Book Value Per Share 2 | 1.020 | 1.020 | 1.020 | 0.9900 | 0.9500 | 0.9300 |
| Cash Flow per Share 2 | 0.0200 | 0.0200 | 0.0200 | 0.0200 | 0.0200 | 0.0700 |
| Capex | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - |
| Announcement Date | 3/29/19 | 4/7/20 | 6/9/23 | 4/13/23 | 4/13/23 | 4/25/24 |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.692
Average target price
-
| 1st Jan change | Capi. | |
|---|---|---|
| +5.49% | 367M | |
| +3.74% | 12.61B | |
| +5.50% | 9.01B | |
| -3.20% | 5.41B | |
| +2.44% | 5.25B | |
| +5.63% | 5.19B | |
| +14.36% | 4.48B | |
| +16.67% | 4.44B | |
| +1.53% | 4B | |
| +1.56% | 3.75B |
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