Financials SThree plc

Equities

Market Closed - London S.E. Other stock markets 11:35:25 2024-04-26 am EDT			5-day change	1st Jan Change
425.5 ^GBX	+0.12%		-0.58%	+1.79%

Apr. 25	SThree plc Approves Final Dividend	CI
Apr. 02	Sareum ups retail offer; SThree nabs former ITV exec	AN

Fiscal Period: November	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	446.9	387.1	682.5	538	537.7	565.5	-	-
Enterprise Value (EV) ¹	436.3	337.2	625	506.3	537.7	494.2	487	477
P/E ratio	11 x	21.8 x	16.9 x	10.2 x	9.73 x	11 x	9.39 x	8.55 x
Yield	1.5%	1.66%	2.12%	3.95%	-	3.78%	4.13%	4.39%
Capitalization / Revenue	0.33 x	0.32 x	0.51 x	0.33 x	0.32 x	0.35 x	0.32 x	0.31 x
EV / Revenue	0.32 x	0.28 x	0.47 x	0.31 x	0.32 x	0.3 x	0.28 x	0.26 x
EV / EBITDA	6.6 x	8.95 x	7.96 x	5.25 x	5.83 x	5.65 x	4.95 x	4.43 x
EV / FCF	12.2 x	5.51 x	17.8 x	12 x	-	12 x	13 x	12.2 x
FCF Yield	8.17%	18.2%	5.62%	8.33%	-	8.31%	7.7%	8.17%
Price to Book	3.79 x	3.11 x	4.39 x	2.69 x	-	2.28 x	2 x	1.77 x
Nbr of stocks (in thousands)	131,063	128,378	131,244	132,672	133,087	132,913	-	-
Reference price ²	3.410	3.015	5.200	4.055	4.040	4.255	4.255	4.255
Announcement Date	1/27/20	1/25/21	1/31/22	1/30/23	1/30/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: November	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,345	1,214	1,331	1,639	1,663	1,636	1,748	1,853
EBITDA ¹	66.07	37.69	78.53	96.45	92.27	87.48	98.3	107.8
EBIT ¹	60.03	31.3	60.81	77.55	76.36	71.74	83.54	92.82
Operating Margin	4.46%	2.58%	4.57%	4.73%	4.59%	4.38%	4.78%	5.01%
Earnings before Tax (EBT) ¹	56.8	30.6	60.16	77.03	77.92	72.88	86.14	95.58
Net income ¹	41.32	18.8	41.98	54.2	56.05	52.05	61.35	68.37
Net margin	3.07%	1.55%	3.15%	3.31%	3.37%	3.18%	3.51%	3.69%
EPS ²	0.3090	0.1380	0.3070	0.3990	0.4150	0.3859	0.4530	0.4976
Free Cash Flow ¹	35.66	61.22	35.14	42.19	-	41.06	37.52	38.98
FCF margin	2.65%	5.04%	2.64%	2.57%	-	2.51%	2.15%	2.1%
FCF Conversion (EBITDA)	53.97%	162.44%	44.75%	43.74%	-	46.93%	38.17%	36.16%
FCF Conversion (Net income)	86.3%	325.66%	83.71%	77.84%	-	78.88%	61.16%	57.01%
Dividend per Share ²	0.0510	0.0500	0.1100	0.1600	-	0.1610	0.1757	0.1870
Announcement Date	1/27/20	1/25/21	1/31/22	1/30/23	1/30/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: November	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	10.6	49.9	57.5	31.7	-	71.3	78.5	88.6
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	35.7	61.2	35.1	42.2	-	41.1	37.5	39
ROE (net income / shareholders' equity)	37.8%	15%	29.3%	30.2%	-	21.5%	21.5%	20.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	0.9000	0.9700	1.180	1.510	-	1.870	2.120	2.410
Cash Flow per Share ²	0.3000	0.4900	0.2800	0.3200	-	0.3800	0.3700	0.4700
Capex ¹	4.56	5.28	2.65	3.41	-	11	8.69	3.93
Capex / Sales	0.34%	0.43%	0.2%	0.21%	-	0.67%	0.5%	0.21%
Announcement Date	1/27/20	1/25/21	1/31/22	1/30/23	1/30/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.255 GBP

Average target price

5.564 GBP

Spread / Average Target

+30.77%

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