Financials Luceco plc

Equities

Market Closed - London S.E. Other stock markets 11:35:00 2024-04-26 am EDT			5-day change	1st Jan Change
165 ^GBX	-0.48%		+3.12%	+33.06%

Mar. 26	FTSE 100 closes higher on busy corporate day	AN
Mar. 26	Luceco hails market share gains as profit, revenue and dividend rise	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	197.2	394.6	535.4	150.9	191.4	254.5	-	-
Enterprise Value (EV) ¹	224.6	412.9	573.5	180.3	214.2	282.9	274.6	260.2
P/E ratio	15.2 x	14.5 x	20.3 x	-	11.6 x	16 x	14 x	12.9 x
Yield	1.5%	2.42%	2.32%	4.68%	3.87%	2.93%	3.3%	3.53%
Capitalization / Revenue	1.15 x	2.24 x	2.35 x	0.73 x	0.92 x	1.11 x	1.04 x	0.99 x
EV / Revenue	1.31 x	2.34 x	2.51 x	0.87 x	1.02 x	1.23 x	1.12 x	1.01 x
EV / EBITDA	8.67 x	11.4 x	12.5 x	6.19 x	6.82 x	8.41 x	7.23 x	6.36 x
EV / FCF	14.9 x	23.3 x	31.9 x	5.87 x	11.9 x	20.1 x	14.5 x	11.5 x
FCF Yield	6.72%	4.29%	3.14%	17%	8.4%	4.99%	6.9%	8.7%
Price to Book	-	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	156,050	154,124	153,624	153,624	154,340	154,229	-	-
Reference price ²	1.264	2.560	3.485	0.9820	1.240	1.650	1.650	1.650
Announcement Date	4/23/20	3/23/21	3/22/22	3/21/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	172.1	176.2	228.2	206.3	209	229.7	245.6	258.2
EBITDA ¹	25.9	36.1	45.7	29.1	31.4	33.64	37.98	40.89
EBIT ¹	18	30	39	22	24	26.11	30.23	32.65
Operating Margin	10.46%	17.03%	17.09%	10.66%	11.48%	11.37%	12.31%	12.65%
Earnings before Tax (EBT) ¹	17.1	33.6	33.3	11.7	18.9	22.53	26.62	29.72
Net income ¹	13.1	27.9	27.1	11	16.7	16.1	18.4	20
Net margin	7.61%	15.83%	11.88%	5.33%	7.99%	7.01%	7.49%	7.75%
EPS ²	0.0830	0.1770	0.1720	-	0.1070	0.1030	0.1180	0.1280
Free Cash Flow ¹	15.1	17.7	18	30.7	18	14.11	18.96	22.63
FCF margin	8.77%	10.05%	7.89%	14.88%	8.61%	6.14%	7.72%	8.77%
FCF Conversion (EBITDA)	58.3%	49.03%	39.39%	105.5%	57.32%	41.94%	49.91%	55.35%
FCF Conversion (Net income)	115.27%	63.44%	66.42%	279.09%	107.78%	87.63%	103.02%	113.15%
Dividend per Share ²	0.0190	0.0620	0.0810	0.0460	0.0480	0.0483	0.0545	0.0582
Announcement Date	4/23/20	3/23/21	3/22/22	3/21/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	27.4	18.3	38.1	29.4	22.8	28.4	20.1	5.7
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.058 x	0.5069 x	0.8337 x	1.01 x	0.7261 x	0.8457 x	0.5294 x	0.1395 x
Free Cash Flow ¹	15.1	17.7	18	30.7	18	14.1	19	22.6
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share ²	0.1200	0.1500	0.1700	0.2500	0.1900	0.1500	0.1600	0.1900
Capex ¹	3.6	4.4	6.6	5.6	8.2	7.45	7.6	8.8
Capex / Sales	2.09%	2.5%	2.89%	2.71%	3.92%	3.24%	3.09%	3.41%
Announcement Date	4/23/20	3/23/21	3/22/22	3/21/23	3/26/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.65 GBP

Average target price

1.633 GBP

Spread / Average Target

-1.01%