GREENCORE GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 132.8 GBX | +3.27% |
|
+3.75% | +37.69% |
| Mar. 28 | Oasis Management Discloses 5.15% Stake In Greencore As At March 26 - Filing | RE |
| Mar. 15 | Activist investor Oasis owns just under 5% of Greencore - FT | AN |
Valuation
| Fiscal Period: Septiembre | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,001 | 442.8 | 757.4 | 363.7 | 364.8 | 612.2 | - | - |
| Enterprise Value (EV) 1 | 1,290 | 854 | 1,000 | 591.7 | 563.8 | 794 | 766.5 | 744.1 |
| P/E ratio | 11.3 x | -38.5 x | 28.9 x | 11.6 x | 10.5 x | 14.4 x | 12 x | 10.6 x |
| Yield | 2.76% | - | - | - | - | 1.63% | 2.68% | 3.35% |
| Capitalization / Revenue | 0.69 x | 0.35 x | 0.57 x | 0.21 x | 0.19 x | 0.33 x | 0.32 x | 0.31 x |
| EV / Revenue | 0.89 x | 0.68 x | 0.75 x | 0.34 x | 0.29 x | 0.42 x | 0.4 x | 0.38 x |
| EV / EBITDA | 9.08 x | 10 x | 10.5 x | 4.66 x | 4.25 x | 5.68 x | 5.13 x | 4.62 x |
| EV / FCF | 27.4 x | -31.3 x | 15.2 x | 13.4 x | 8.95 x | 17.8 x | 13.1 x | 19.4 x |
| FCF Yield | 3.65% | -3.2% | 6.56% | 7.49% | 11.2% | 5.62% | 7.65% | 5.16% |
| Price to Book | 3.99 x | 1.61 x | 1.75 x | 0.79 x | 0.82 x | 1.25 x | 1.13 x | 1.07 x |
| Nbr of stocks (in thousands) | 445,984 | 442,760 | 524,871 | 515,850 | 480,577 | 461,005 | - | - |
| Reference price 2 | 2.245 | 1.000 | 1.443 | 0.7050 | 0.7590 | 1.328 | 1.328 | 1.328 |
| Announcement Date | 11/26/19 | 11/23/20 | 11/30/21 | 11/29/22 | 11/28/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,446 | 1,265 | 1,325 | 1,740 | 1,914 | 1,869 | 1,923 | 1,981 |
| EBITDA 1 | 142 | 85 | 95.7 | 126.9 | 132.8 | 139.8 | 149.6 | 161.1 |
| EBIT 1 | 100.7 | 32.5 | 39 | 72.2 | 76.3 | 82.46 | 90.89 | 99.75 |
| Operating Margin | 6.96% | 2.57% | 2.94% | 4.15% | 3.99% | 4.41% | 4.73% | 5.04% |
| Earnings before Tax (EBT) 1 | 56.4 | -10.8 | 27.8 | 39.8 | 45.2 | 56.8 | 66.38 | 70.4 |
| Net income 1 | 106 | -11.5 | 25.4 | 32.3 | 35.9 | 44.43 | 53.8 | 61.25 |
| Net margin | 7.33% | -0.91% | 1.92% | 1.86% | 1.88% | 2.38% | 2.8% | 3.09% |
| EPS 2 | 0.1990 | -0.0260 | 0.0500 | 0.0610 | 0.0720 | 0.0920 | 0.1110 | 0.1255 |
| Free Cash Flow 1 | 47.1 | -27.3 | 65.6 | 44.3 | 63 | 44.63 | 58.65 | 38.4 |
| FCF margin | 3.26% | -2.16% | 4.95% | 2.55% | 3.29% | 2.39% | 3.05% | 1.94% |
| FCF Conversion (EBITDA) | 33.17% | - | 68.55% | 34.91% | 47.44% | 31.94% | 39.22% | 23.84% |
| FCF Conversion (Net income) | 44.43% | - | 258.27% | 137.15% | 175.49% | 100.45% | 109.01% | 62.69% |
| Dividend per Share 2 | 0.0620 | - | - | - | - | 0.0216 | 0.0356 | 0.0445 |
| Announcement Date | 11/26/19 | 11/23/20 | 11/30/21 | 11/29/22 | 11/28/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q1 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 744.7 | 712.7 | 552 | 577.1 | 747.7 | 385.4 | 770.8 | 968.8 | - | 987.9 |
| EBITDA | 79.5 | 63.8 | 21.2 | 26.5 | 69.7 | - | 43.8 | 83.1 | 39.9 | - |
| EBIT | 56 | 38.3 | -5.8 | 0.2 | 38.8 | - | 17.2 | 55 | 11.8 | 66.3 |
| Operating Margin | 7.52% | 5.37% | -1.05% | 0.03% | 5.19% | - | 2.23% | 5.68% | - | 6.71% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | 0.0375 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/26/19 | 5/19/20 | 11/23/20 | 5/25/21 | 11/30/21 | 2/24/22 | 5/24/22 | 11/29/22 | 5/30/23 | 11/28/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 289 | 411 | 243 | 228 | 199 | 182 | 154 | 132 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.032 x | 4.838 x | 2.536 x | 1.797 x | 1.498 x | 1.3 x | 1.032 x | 0.8185 x |
| Free Cash Flow 1 | 47.1 | -27.3 | 65.6 | 44.3 | 63 | 44.6 | 58.7 | 38.4 |
| ROE (net income / shareholders' equity) | 20.5% | 3.13% | 5.37% | 10.8% | 8.95% | 8.3% | 9.3% | 10.5% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 0.5600 | 0.6200 | 0.8300 | 0.8900 | 0.9300 | 1.070 | 1.180 | 1.240 |
| Cash Flow per Share 2 | 0.1600 | 0.0100 | 0.2000 | 0.1800 | 0.2000 | 0.2000 | 0.2300 | 0.2500 |
| Capex 1 | 39.6 | 29.8 | 37.1 | 50 | 37.4 | 49.5 | 50.7 | 51.8 |
| Capex / Sales | 2.74% | 2.36% | 2.8% | 2.87% | 1.95% | 2.65% | 2.64% | 2.62% |
| Announcement Date | 11/26/19 | 11/23/20 | 11/30/21 | 11/29/22 | 11/28/23 | - | - | - |
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
8
Last Close Price
1.328
GBP
Average target price
1.148
GBP
Spread / Average Target
-13.59%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +37.69% | 763M | |
| -4.93% | 261B | |
| -2.51% | 94.98B | |
| +3.19% | 46.39B | |
| +8.74% | 39.99B | |
| -0.15% | 38.02B | |
| -16.78% | 30.16B | |
| -6.61% | 28.72B | |
| +11.32% | 24.54B | |
| -9.29% | 22.65B |
- Stock Market
- Equities
- GNC Stock
- Financials Greencore Group plc
