Financials PSG Financial Services Limited

Equities

KST

ZAE000191417

Investment Management & Fund Operators

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
15 ZAR 0.00% Intraday chart for PSG Financial Services Limited +1.35% -2.28%

Valuation

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Capitalization 1 11,674 14,655 10,585 12,080 18,293 16,652
Enterprise Value (EV) 1 3,286 4,459 9,824 10,757 10,846 8,620
P/E ratio 20.4 x 23.9 x 16.4 x 17.2 x 19.9 x 18.3 x
Yield 2.07% 1.91% 2.85% 2.73% 2.33% 2.77%
Capitalization / Revenue 2.87 x 3.24 x 2.11 x 2.32 x 3.05 x 2.57 x
EV / Revenue 0.81 x 0.99 x 1.96 x 2.06 x 1.81 x 1.33 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 4.58 x 4.8 x 3.2 x 3.3 x 4.39 x 3.93 x
Nbr of stocks (in thousands) 1,341,884 1,364,527 1,339,900 1,343,668 1,331,385 1,281,901
Reference price 2 8.700 10.74 7.900 8.990 13.74 12.99
Announcement Date 5/23/18 5/23/19 4/14/20 5/17/21 5/24/22 5/24/23
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net sales 1 4,069 4,526 5,010 5,212 5,997 6,485
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 868.9 911.7 1,005 1,071 1,400 1,436
Net income 1 566.5 602.2 647 697.7 920.9 950.8
Net margin 13.92% 13.3% 12.91% 13.39% 15.36% 14.66%
EPS 2 0.4260 0.4500 0.4810 0.5228 0.6890 0.7100
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1800 0.2050 0.2250 0.2450 0.3200 0.3600
Announcement Date 5/23/18 5/23/19 4/14/20 5/17/21 5/24/22 5/24/23
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 8,388 10,196 761 1,323 7,447 8,032
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 24.1% 21.6% 20.8% 20.4% 23.7% 22.2%
ROA (Net income/ Total Assets) 1.23% 1.15% 1.15% 1.11% 1.32% 1.23%
Assets 1 45,991 52,386 56,360 62,629 69,967 77,223
Book Value Per Share 2 1.900 2.240 2.470 2.720 3.130 3.310
Cash Flow per Share 2 1.460 0.7100 0.8000 1.210 1.290 1.560
Capex 1 45.3 23.5 47.8 48.3 24.3 27.3
Capex / Sales 1.11% 0.52% 0.96% 0.93% 0.41% 0.42%
Announcement Date 5/23/18 5/23/19 4/14/20 5/17/21 5/24/22 5/24/23
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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