Financials Hinopak Motors Limited

Equities

HINO

PK0034101011

Heavy Machinery & Vehicles

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
274.1 PKR +0.88% Intraday chart for Hinopak Motors Limited +1.45% -10.13%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 14,388 4,899 3,782 9,784 7,961 4,973
Enterprise Value (EV) 1 9,550 11,616 7,759 9,405 5,001 4,643
P/E ratio 12.5 x -5.61 x -1.84 x -29.5 x 19.1 x 310 x
Yield 5.99% - - - - -
Capitalization / Revenue 0.54 x 0.26 x 0.29 x 1.07 x 0.64 x 0.38 x
EV / Revenue 0.36 x 0.61 x 0.59 x 1.03 x 0.4 x 0.35 x
EV / EBITDA 4.01 x 18.6 x -12.8 x 32.3 x 6.45 x 7.37 x
EV / FCF 3.18 x -1.2 x 2.07 x 5.77 x 1.91 x -1.9 x
FCF Yield 31.5% -83.4% 48.3% 17.3% 52.5% -52.6%
Price to Book 2.72 x 1.38 x 2.21 x 2.27 x 1.6 x 0.96 x
Nbr of stocks (in thousands) 12,401 12,401 12,401 24,801 24,801 24,801
Reference price 2 1,160 395.1 305.0 394.5 321.0 200.5
Announcement Date 6/27/18 6/19/19 8/5/20 7/7/21 7/7/22 7/4/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 26,615 19,131 13,191 9,132 12,531 13,186
EBITDA 1 2,379 625.6 -605 291.5 775.5 630.4
EBIT 1 2,168 397.8 -831.2 37.22 518.9 374.4
Operating Margin 8.15% 2.08% -6.3% 0.41% 4.14% 2.84%
Earnings before Tax (EBT) 1 1,670 -520.2 -1,844 -164.5 564.8 260.7
Net income 1 1,149 -873.3 -2,055 -288.3 417.1 16.03
Net margin 4.32% -4.56% -15.58% -3.16% 3.33% 0.12%
EPS 2 92.68 -70.42 -165.7 -13.37 16.82 0.6465
Free Cash Flow 1 3,004 -9,690 3,746 1,630 2,624 -2,442
FCF margin 11.29% -50.65% 28.4% 17.85% 20.94% -18.52%
FCF Conversion (EBITDA) 126.26% - - 559.22% 338.29% -
FCF Conversion (Net income) 261.35% - - - 628.95% -
Dividend per Share 2 69.52 - - - - -
Announcement Date 6/27/18 6/19/19 8/5/20 7/7/21 7/7/22 7/4/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 6,716 3,977 - - -
Net Cash position 1 4,839 - - 379 2,960 330
Leverage (Debt/EBITDA) - 10.74 x -6.573 x - - -
Free Cash Flow 1 3,004 -9,690 3,746 1,630 2,624 -2,442
ROE (net income / shareholders' equity) 22.9% -19.7% -78% -9.57% 8.99% 0.32%
ROA (Net income/ Total Assets) 11% 1.73% -4.38% 0.27% 3.59% 2.4%
Assets 1 10,405 -50,509 46,970 -106,657 11,614 668.1
Book Value Per Share 2 427.0 287.0 138.0 174.0 200.0 208.0
Cash Flow per Share 2 390.0 4.010 11.20 16.00 120.0 14.10
Capex 1 254 271 530 168 291 172
Capex / Sales 0.95% 1.42% 4.01% 1.84% 2.32% 1.3%
Announcement Date 6/27/18 6/19/19 8/5/20 7/7/21 7/7/22 7/4/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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