QUBE HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.25 AUD | -2.99% |
|
-0.61% | +0.31% |
| Mar. 27 | Qube Research & Technologies cuts short on TIM | AN |
| Mar. 18 | Marshall Wace moves on Ferragamo and Piaggio. | AN |
Valuation
| Fiscal Period: Junio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,877 | 5,481 | 6,044 | 4,821 | 5,032 | 5,742 | - | - |
| Enterprise Value (EV) 1 | 6,233 | 7,449 | 8,161 | 5,724 | 6,878 | 7,785 | 7,867 | 7,839 |
| P/E ratio | 24.9 x | 56 x | 66 x | 40.7 x | 30 x | 24.3 x | 23.1 x | 21.1 x |
| Yield | 2.2% | 1.79% | 1.89% | 2.31% | 2.84% | 2.57% | 2.79% | 2.98% |
| Capitalization / Revenue | 2.82 x | 2.91 x | 2.97 x | 1.87 x | 1.68 x | 1.74 x | 1.64 x | 1.56 x |
| EV / Revenue | 3.61 x | 3.95 x | 4.02 x | 2.22 x | 2.3 x | 2.36 x | 2.25 x | 2.13 x |
| EV / EBITDA | 21.5 x | 25.6 x | 25.1 x | 14.7 x | 14.8 x | 14.4 x | 13.5 x | 12.7 x |
| EV / FCF | -27.2 x | -33.9 x | -2,915 x | 5.48 x | -130 x | -76.3 x | 48.6 x | 33.1 x |
| FCF Yield | -3.67% | -2.95% | -0.03% | 18.3% | -0.77% | -1.31% | 2.06% | 3.02% |
| Price to Book | 1.73 x | 1.66 x | 1.8 x | 1.61 x | 1.66 x | 1.84 x | 1.79 x | 1.71 x |
| Nbr of stocks (in thousands) | 1,604,123 | 1,883,518 | 1,906,498 | 1,765,753 | 1,765,474 | 1,766,658 | - | - |
| Reference price 2 | 3.040 | 2.910 | 3.170 | 2.730 | 2.850 | 3.250 | 3.250 | 3.250 |
| Announcement Date | 8/21/19 | 8/24/20 | 8/25/21 | 8/24/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Junio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,729 | 1,884 | 2,032 | 2,573 | 2,990 | 3,298 | 3,491 | 3,684 |
| EBITDA 1 | 289.3 | 290.9 | 325.6 | 388.8 | 464.8 | 540.5 | 581.3 | 618.6 |
| EBIT 1 | 169.3 | 148.2 | 172.1 | 214.3 | 272.3 | 317 | 343.4 | 368.6 |
| Operating Margin | 9.79% | 7.87% | 8.47% | 8.33% | 9.11% | 9.61% | 9.84% | 10% |
| Earnings before Tax (EBT) 1 | 284 | 130.5 | 122.6 | 217.9 | 234.7 | 250.7 | 284 | 305 |
| Net income 1 | 196.6 | 87.5 | 91.6 | 127.5 | 167.9 | 233 | 247.6 | 271 |
| Net margin | 11.37% | 4.65% | 4.51% | 4.96% | 5.62% | 7.06% | 7.09% | 7.36% |
| EPS 2 | 0.1220 | 0.0520 | 0.0480 | 0.0670 | 0.0950 | 0.1336 | 0.1405 | 0.1537 |
| Free Cash Flow 1 | -228.8 | -220 | -2.8 | 1,045 | -53 | -102 | 162 | 236.5 |
| FCF margin | -13.24% | -11.68% | -0.14% | 40.62% | -1.77% | -3.09% | 4.64% | 6.42% |
| FCF Conversion (EBITDA) | - | - | - | 268.83% | - | - | 27.87% | 38.23% |
| FCF Conversion (Net income) | - | - | - | 819.76% | - | - | 65.42% | 87.27% |
| Dividend per Share 2 | 0.0670 | 0.0520 | 0.0600 | 0.0630 | 0.0810 | 0.0834 | 0.0906 | 0.0969 |
| Announcement Date | 8/21/19 | 8/24/20 | 8/25/21 | 8/24/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Junio | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 | 2026 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 970.1 | 913.5 | 953.3 | - | 1,216 | 1,357 | 1,497 | 1,493 | 1,628 | 1,666 | 1,742 | 1,754 | 1,826 |
| EBITDA 1 | 158.2 | 132.7 | 162.6 | 163 | 190.4 | 198.4 | 234.7 | 230.1 | 260.8 | 259.2 | - | - | - |
| EBIT 1 | 89.5 | 58.7 | 87.3 | 84.8 | 106.4 | 107.9 | 141.2 | 131.1 | 154.1 | 154.9 | 164.1 | 175.6 | 174.6 |
| Operating Margin | 9.23% | 6.43% | 9.16% | - | 8.75% | 7.95% | 9.43% | 8.78% | 9.47% | 9.3% | 9.42% | 10.01% | 9.56% |
| Earnings before Tax (EBT) | 75.3 | - | - | - | - | 125.4 | - | - | 147.1 | - | - | - | - |
| Net income 1 | 51.7 | 35.8 | 57.8 | - | 56.3 | 71.2 | 111.3 | 56.6 | 112.3 | 97 | 152 | 115 | - |
| Net margin | 5.33% | 3.92% | 6.06% | - | 4.63% | 5.25% | 7.43% | 3.79% | 6.9% | 5.82% | 8.72% | 6.56% | - |
| EPS 2 | 0.0320 | - | 0.0310 | - | 0.0290 | 0.0380 | 0.0630 | 0.0320 | 0.0640 | 0.0700 | 0.0800 | 0.0700 | 0.0800 |
| Dividend per Share 2 | 0.0290 | 0.0230 | - | 0.0350 | 0.0300 | 0.0330 | 0.0375 | - | 0.0400 | 0.0425 | - | - | - |
| Announcement Date | 2/24/20 | 8/24/20 | 2/24/21 | 8/25/21 | 2/23/22 | 8/24/22 | 2/22/23 | 8/23/23 | 2/21/24 | - | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: Junio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,356 | 1,968 | 2,117 | 903 | 1,846 | 2,044 | 2,125 | 2,097 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.689 x | 6.763 x | 6.502 x | 2.323 x | 3.972 x | 3.781 x | 3.655 x | 3.391 x |
| Free Cash Flow 1 | -229 | -220 | -2.8 | 1,045 | -53 | -102 | 162 | 237 |
| ROE (net income / shareholders' equity) | 4.43% | 2.86% | 2.75% | 5.84% | 7.46% | 7.87% | 7.84% | 8.27% |
| ROA (Net income/ Total Assets) | 2.81% | 1.64% | 1.5% | 3.13% | 3.98% | 4.27% | 4.29% | 4.54% |
| Assets 1 | 7,008 | 5,335 | 6,109 | 4,077 | 4,223 | 5,451 | 5,772 | 5,969 |
| Book Value Per Share 2 | 1.750 | 1.760 | 1.760 | 1.700 | 1.720 | 1.770 | 1.820 | 1.900 |
| Cash Flow per Share 2 | 0.1600 | 0.1800 | 0.1900 | 0.1600 | 0.2200 | 0.2600 | 0.2700 | 0.2800 |
| Capex 1 | 330 | 306 | 361 | 555 | 445 | 521 | 346 | 303 |
| Capex / Sales | 19.1% | 16.23% | 17.78% | 21.56% | 14.88% | 15.79% | 9.91% | 8.22% |
| Announcement Date | 8/21/19 | 8/24/20 | 8/25/21 | 8/24/22 | 8/23/23 | - | - | - |
1AUD in Million2AUD
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
15
Last Close Price
3.25
AUD
Average target price
3.6
AUD
Spread / Average Target
+10.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.31% | 3.74B | |
| +29.31% | 34.31B | |
| +14.90% | 18.09B | |
| 0.00% | 13.47B | |
| +8.23% | 7.39B | |
| -14.11% | 7.59B | |
| +21.75% | 6.85B | |
| +21.22% | 6.19B | |
| -2.63% | 5.56B | |
| 0.00% | 4.12B |
- Stock Market
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- Financials Qube Holdings Limited
