STEEL & TUBE HOLDINGS LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.05 NZD | +2.94% |
|
0.00% | -2.78% |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 161.7 | 104 | 188.1 | 209.6 | 185.8 | 174.7 | - | - |
| Enterprise Value (EV) 1 | 176.7 | 96.55 | 163.1 | 252.5 | 179.3 | 198.1 | 206.3 | 212.5 |
| P/E ratio | 14.4 x | -1.73 x | 11.6 x | 7.02 x | 11 x | 13.1 x | 8.82 x | 7.63 x |
| Yield | 5.1% | - | 3.95% | 10.2% | 7.14% | 7.38% | 8.6% | 9.5% |
| Capitalization / Revenue | 0.32 x | 0.25 x | 0.39 x | 0.35 x | 0.32 x | 0.33 x | 0.31 x | 0.29 x |
| EV / Revenue | 0.35 x | 0.23 x | 0.34 x | 0.42 x | 0.3 x | 0.38 x | 0.36 x | 0.36 x |
| EV / EBITDA | 7.34 x | 6.45 x | 4.36 x | 3.82 x | 3.39 x | 4.41 x | 3.89 x | 3.68 x |
| EV / FCF | 12.5 x | - | 6.85 x | -6.27 x | 1.95 x | 5.26 x | 33.3 x | 24.1 x |
| FCF Yield | 8.01% | - | 14.6% | -16% | 51.3% | 19% | 3.01% | 4.14% |
| Price to Book | 0.64 x | 0.57 x | 0.96 x | - | 0.91 x | 0.83 x | 0.79 x | 0.77 x |
| Nbr of stocks (in thousands) | 165,025 | 165,025 | 165,025 | 165,025 | 165,855 | 166,389 | - | - |
| Reference price 2 | 0.9800 | 0.6300 | 1.140 | 1.270 | 1.120 | 1.050 | 1.050 | 1.050 |
| Announcement Date | 8/22/19 | 8/27/20 | 8/24/21 | 8/21/22 | 8/21/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 498.1 | 417.9 | 480 | 599.1 | 589.1 | 522.5 | 568 | 596.8 |
| EBITDA 1 | 24.08 | 14.96 | 37.44 | 66.11 | 52.94 | 44.88 | 53.01 | 57.74 |
| EBIT 1 | 16.02 | -5.498 | 18.46 | 47.15 | 32.07 | 22.99 | 31.21 | 35.94 |
| Operating Margin | 3.22% | -1.32% | 3.85% | 7.87% | 5.44% | 4.4% | 5.5% | 6.02% |
| Earnings before Tax (EBT) 1 | 13.97 | -64.36 | 16 | 41.94 | 23.77 | 21.57 | 30.34 | 34.77 |
| Net income 1 | 10.42 | -60.01 | 16.12 | 30.19 | 17 | 13.27 | 19.76 | 22.84 |
| Net margin | 2.09% | -14.36% | 3.36% | 5.04% | 2.89% | 2.54% | 3.48% | 3.83% |
| EPS 2 | 0.0680 | -0.3640 | 0.0980 | 0.1810 | 0.1020 | 0.0800 | 0.1191 | 0.1376 |
| Free Cash Flow 1 | 14.15 | - | 23.79 | -40.3 | 92.03 | 37.7 | 6.2 | 8.8 |
| FCF margin | 2.84% | - | 4.96% | -6.73% | 15.62% | 7.22% | 1.09% | 1.47% |
| FCF Conversion (EBITDA) | 58.75% | - | 63.55% | - | 173.85% | 83.99% | 11.7% | 15.24% |
| FCF Conversion (Net income) | 135.86% | - | 147.58% | - | 541.45% | 284.04% | 31.38% | 38.53% |
| Dividend per Share 2 | 0.0500 | - | 0.0450 | 0.1300 | 0.0800 | 0.0775 | 0.0902 | 0.0998 |
| Announcement Date | 8/22/19 | 8/27/20 | 8/24/21 | 8/21/22 | 8/21/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2022 S1 | 2023 S1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|
| Net sales 1 | 282.2 | 315.3 | 261.8 | 268.3 |
| EBITDA | 31.94 | - | 21.17 | - |
| EBIT 1 | - | - | 10.17 | 15.5 |
| Operating Margin | - | - | 3.89% | 5.78% |
| Earnings before Tax (EBT) | - | - | 7.491 | - |
| Net income 1 | - | - | 5.348 | 10.1 |
| Net margin | - | - | 2.04% | 3.76% |
| EPS | - | - | - | - |
| Dividend per Share 2 | 0.0550 | 0.0400 | 0.0400 | 0.0400 |
| Announcement Date | 2/23/22 | 2/15/23 | 2/20/24 | - |
1NZD in Million2NZD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 15 | - | - | 43 | - | 23.4 | 31.6 | 37.8 |
| Net Cash position 1 | - | 7.42 | 25 | - | 6.48 | - | - | - |
| Leverage (Debt/EBITDA) | 0.6228 x | - | - | 0.6497 x | - | 0.5223 x | 0.5963 x | 0.6545 x |
| Free Cash Flow 1 | 14.2 | - | 23.8 | -40.3 | 92 | 37.7 | 6.2 | 8.8 |
| ROE (net income / shareholders' equity) | 4.1% | -0.89% | 8.2% | 14.4% | 8.2% | 6.38% | 9.26% | 10.3% |
| ROA (Net income/ Total Assets) | 3.1% | - | 4.51% | 7.55% | 4.45% | 7.83% | 8.68% | 9.57% |
| Assets 1 | 335.8 | - | 357.4 | 399.8 | 381.9 | 169.5 | 227.7 | 238.7 |
| Book Value Per Share 2 | 1.530 | 1.100 | 1.190 | - | 1.230 | 1.270 | 1.320 | 1.370 |
| Cash Flow per Share 2 | 0.1400 | 0.2400 | 0.1900 | -0.2000 | 0.5800 | 0.2800 | 0.2100 | 0.2300 |
| Capex 1 | 7.15 | 7.59 | 7.66 | 6.18 | 6.25 | 7.24 | 7.6 | 7.95 |
| Capex / Sales | 1.44% | 1.82% | 1.59% | 1.03% | 1.06% | 1.39% | 1.34% | 1.33% |
| Announcement Date | 8/22/19 | 8/27/20 | 8/24/21 | 8/21/22 | 8/21/23 | - | - | - |
1NZD in Million2NZD
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
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
1.05
NZD
Average target price
1.205
NZD
Spread / Average Target
+14.76%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.78% | 101M | |
| +0.69% | 42.1B | |
| +20.00% | 24.83B | |
| -18.52% | 21.75B | |
| +14.37% | 21.17B | |
| -6.33% | 20.77B | |
| +6.63% | 20.15B | |
| +6.81% | 9.44B | |
| -11.56% | 8.5B | |
| -24.03% | 8.41B |
- Stock Market
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- Financials Steel & Tube Holdings Limited
