SYNLAIT MILK LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.5 NZD | 0.00% |
|
-1.96% | -47.37% |
| Apr. 08 | Synlait Milk Appoints Chief Commercial Officer, Acting CFO | MT |
| Apr. 02 | Synlait Milk Limited Reports Earnings Results for the Half Year Ended January 31, 2024 | CI |
Valuation
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,801 | 1,237 | 815.3 | 699.5 | 354.1 | 109.3 | - | - |
| Enterprise Value (EV) 1 | 2,135 | 1,780 | 1,292 | 1,041 | 767.6 | 594.3 | 597.7 | 576.7 |
| P/E ratio | 21.9 x | 16.5 x | -27.1 x | 18.2 x | -82.7 x | -0.91 x | -27.2 x | 11.4 x |
| Yield | - | - | - | - | - | - | - | 1.46% |
| Capitalization / Revenue | 1.76 x | 0.95 x | 0.6 x | 0.42 x | 0.22 x | 0.07 x | 0.06 x | 0.06 x |
| EV / Revenue | 2.08 x | 1.37 x | 0.95 x | 0.63 x | 0.48 x | 0.4 x | 0.35 x | 0.32 x |
| EV / EBITDA | 14 x | 10.4 x | 34.6 x | 8.07 x | 8.46 x | 10.3 x | 6.31 x | 5.86 x |
| EV / FCF | -12.4 x | -52.9 x | -12.9 x | 5.82 x | -78.5 x | -7.22 x | 72.3 x | 37.9 x |
| FCF Yield | -8.09% | -1.89% | -7.76% | 17.2% | -1.27% | -13.8% | 1.38% | 2.64% |
| Price to Book | 3.66 x | 2.04 x | 1.06 x | 0.93 x | 0.45 x | 0.17 x | 0.2 x | 0.19 x |
| Nbr of stocks (in thousands) | 179,223 | 179,307 | 218,582 | 218,582 | 218,582 | 218,582 | - | - |
| Reference price 2 | 10.05 | 6.900 | 3.730 | 3.200 | 1.620 | 0.5000 | 0.5000 | 0.5000 |
| Announcement Date | 9/11/19 | 9/27/20 | 9/27/21 | 9/26/22 | 9/24/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,024 | 1,302 | 1,367 | 1,661 | 1,604 | 1,497 | 1,708 | 1,802 |
| EBITDA 1 | 152.1 | 171.4 | 37.3 | 129.1 | 90.7 | 57.93 | 94.69 | 98.36 |
| EBIT 1 | 124.5 | 123.3 | -17.66 | 62.6 | 31 | -14.03 | 30.53 | 51.9 |
| Operating Margin | 12.16% | 9.47% | -1.29% | 3.77% | 1.93% | -0.94% | 1.79% | 2.88% |
| Earnings before Tax (EBT) 1 | 115.1 | 101.9 | -39.15 | 41.61 | -20.27 | -58.9 | - | - |
| Net income 1 | 82.24 | 75.21 | -28.45 | 38.52 | -4.292 | -123.5 | -12.06 | -0.8716 |
| Net margin | 8.03% | 5.78% | -2.08% | 2.32% | -0.27% | -8.25% | -0.71% | -0.05% |
| EPS 2 | 0.4589 | 0.4185 | -0.1377 | 0.1758 | -0.0196 | -0.5471 | -0.0184 | 0.0437 |
| Free Cash Flow 1 | -172.6 | -33.67 | -100.3 | 179.1 | -9.784 | -82.26 | 8.269 | 15.2 |
| FCF margin | -16.85% | -2.59% | -7.33% | 10.78% | -0.61% | -5.5% | 0.48% | 0.84% |
| FCF Conversion (EBITDA) | - | - | - | 138.7% | - | - | 8.73% | 15.45% |
| FCF Conversion (Net income) | - | - | - | 464.83% | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | 0.007290 |
| Announcement Date | 9/11/19 | 9/27/20 | 9/27/21 | 9/26/22 | 9/24/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: July | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 559.3 | 742.7 | 664.2 | 703.2 | - | 870 |
| EBITDA 1 | - | - | - | -10.4 | - | 60.7 |
| EBIT 1 | - | - | - | -37.25 | - | 21.19 |
| Operating Margin | - | - | - | -5.3% | - | 2.44% |
| Earnings before Tax (EBT) 1 | - | - | - | -47.61 | - | 10.54 |
| Net income 1 | - | - | - | -34.82 | 27.9 | 10.62 |
| Net margin | - | - | - | -4.95% | - | 1.22% |
| EPS | - | - | - | - | 0.1280 | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/19/20 | 9/27/20 | 3/28/21 | 9/27/21 | 3/31/22 | 9/26/22 |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 334 | 543 | 477 | 342 | 414 | 485 | 488 | 467 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.193 x | 3.168 x | 12.79 x | 2.648 x | 4.559 x | 8.372 x | 5.158 x | 4.752 x |
| Free Cash Flow 1 | -173 | -33.7 | -100 | 179 | -9.78 | -82.3 | 8.27 | 15.2 |
| ROE (net income / shareholders' equity) | 17.9% | 13.7% | -4.15% | 5.08% | 0.32% | -5.36% | -1.63% | 0.72% |
| ROA (Net income/ Total Assets) | 8.47% | 5.69% | -1.83% | 2.41% | 0.15% | -0.15% | 2.94% | 3.25% |
| Assets 1 | 970.8 | 1,321 | 1,554 | 1,597 | -2,800 | 79,727 | -410.5 | -26.84 |
| Book Value Per Share 2 | 2.750 | 3.380 | 3.510 | 3.420 | 3.620 | 2.980 | 2.540 | 2.570 |
| Cash Flow per Share 2 | 0.7000 | 0.8700 | 0.0800 | 0.5500 | 0.1800 | 0.1800 | 0.2800 | 0.3100 |
| Capex 1 | 309 | 139 | 116 | 53.9 | 48.8 | 36.7 | 38.6 | 37.3 |
| Capex / Sales | 30.2% | 10.69% | 8.5% | 3.24% | 3.04% | 2.45% | 2.26% | 2.07% |
| Announcement Date | 9/11/19 | 9/27/20 | 9/27/21 | 9/26/22 | 9/24/23 | - | - | - |
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
HOLD
Number of Analysts
3
Last Close Price
0.5
NZD
Average target price
0.7
NZD
Spread / Average Target
+40.00%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -47.37% | 64.81M | |
| +5.76% | 24.52B | |
| -21.62% | 8.1B | |
| -3.81% | 6.82B | |
| +7.91% | 6.26B | |
| -3.85% | 5.36B | |
| -2.41% | 5.16B | |
| +0.94% | 5.02B | |
| +18.91% | 4.98B | |
| +24.22% | 4.53B |
- Stock Market
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- Financials Synlait Milk Limited
