Financials Hargreaves Services Plc

Equities

Market Closed - London S.E. Other stock markets 11:35:20 2024-04-26 am EDT			5-day change	1st Jan Change
562 ^GBX	0.00%		+1.81%	+35.42%

Mar. 04	EARNINGS AND TRADING: Impairment charge pushes Quartix into the red	AN
Jan. 24	FTSE 100 Closes at One-Week High on China Lift, Resources Rebound	DJ

Fiscal Period: May	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	73.89	64.56	122.1	178.9	128.2	184.4	-
Enterprise Value (EV) ¹	91.79	92.69	105.6	183.5	142.6	195.3	187.6
P/E ratio	-15.6 x	15.3 x	-	4.98 x	-	-	-
Yield	3.13%	2.25%	4.37%	3.71%	5.33%	6.41%	6.41%
Capitalization / Revenue	0.24 x	0.29 x	0.6 x	1.01 x	0.61 x	0.84 x	0.82 x
EV / Revenue	0.3 x	0.42 x	0.52 x	1.03 x	0.67 x	0.89 x	0.84 x
EV / EBITDA	3.5 x	3.88 x	9.33 x	14 x	6.54 x	6.35 x	8.23 x
EV / FCF	-	-9.17 x	2.48 x	-16.6 x	6.4 x	10.8 x	14.1 x
FCF Yield	-	-10.9%	40.2%	-6.04%	15.6%	9.25%	7.07%
Price to Book	0.58 x	0.5 x	0.85 x	0.98 x	0.64 x	0.99 x	0.99 x
Nbr of stocks (in thousands)	32,125	32,282	32,312	32,528	32,528	32,806	-
Reference price ²	2.300	2.000	3.780	5.500	3.940	5.620	5.620
Announcement Date	7/31/19	7/29/20	7/28/21	7/27/22	8/9/23	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: May	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	302.6	222.2	204.8	177.9	211.5	219	224.1
EBITDA ¹	26.24	23.87	11.31	13.14	21.82	30.77	22.79
EBIT ¹	9.966	4.563	4.751	4.474	11.97	14.1	9.071
Operating Margin	3.29%	2.05%	2.32%	2.51%	5.66%	6.44%	4.05%
Earnings before Tax (EBT)	-9.858	2.151	14.37	34.48	-	-	-
Net income	-4.741	4.315	16.43	37.04	-	-	-
Net margin	-1.57%	1.94%	8.02%	20.82%	-	-	-
EPS	-0.1475	0.1311	-	1.104	-	-	-
Free Cash Flow ¹	-	-10.11	42.5	-11.08	22.28	18.07	13.27
FCF margin	-	-4.55%	20.75%	-6.23%	10.54%	8.25%	5.92%
FCF Conversion (EBITDA)	-	-	375.67%	-	102.09%	58.72%	58.23%
FCF Conversion (Net income)	-	-	258.74%	-	-	-	-
Dividend per Share ²	0.0720	0.0450	0.1650	0.2040	0.2100	0.3600	0.3600
Announcement Date	7/31/19	7/29/20	7/28/21	7/27/22	8/9/23	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: May	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	17.9	28.1	-	4.6	14.5	11	3.25
Net Cash position ¹	-	-	16.5	-	-	-	-
Leverage (Debt/EBITDA)	0.6821 x	1.178 x	-	0.3499 x	0.664 x	0.3564 x	0.1425 x
Free Cash Flow ¹	-	-10.1	42.5	-11.1	22.3	18.1	13.3
ROE (net income / shareholders' equity)	3.73%	3.35%	12%	20.4%	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets	-	-	-	-	-	-	-
Book Value Per Share ²	3.970	4.030	4.470	5.630	6.180	5.680	5.680
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	3.12	1.48	-	-	-
Capex / Sales	-	-	1.52%	0.83%	-	-	-
Announcement Date	7/31/19	7/29/20	7/28/21	7/27/22	8/9/23	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.62 GBP

Average target price

7.7 GBP

Spread / Average Target

+37.01%

	1st Jan change	Capi.
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CRYOPORT, INC.	+5.75%	805M
SHENZHEN EASTTOP SUPPLY CHAIN MANAGEMENT CO., LTD.	-18.56%	555M
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