Financials Tantalizers PLC

Equities

TANTALIZER

NGTANTALIZE1

Restaurants & Bars

End-of-day quote Nigerian S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
0.36 NGN -10.00% Intraday chart for Tantalizers PLC +9.09% -23.40%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 642.3 642.3 642.3 642.3 642.3 1,509
Enterprise Value (EV) 1 1,556 1,405 1,239 1,024 915.6 1,787
P/E ratio 7.45 x 29 x -1.52 x -2.86 x -2.43 x -5.19 x
Yield - - - - - -
Capitalization / Revenue 0.42 x 0.51 x 0.7 x 0.51 x 0.55 x 1.29 x
EV / Revenue 1.02 x 1.11 x 1.34 x 0.81 x 0.79 x 1.53 x
EV / EBITDA 34.3 x 90.6 x -15.4 x -6.71 x -3.83 x -8.88 x
EV / FCF -3.01 x -8.36 x 3.9 x -12.1 x -3.78 x 140 x
FCF Yield -33.3% -12% 25.6% -8.24% -26.4% 0.71%
Price to Book 0.92 x 0.9 x 2.22 x 12.9 x 0.98 x 4.16 x
Nbr of stocks (in thousands) 3,211,628 3,211,628 3,211,628 3,211,628 3,211,628 3,211,628
Reference price 2 0.2000 0.2000 0.2000 0.2000 0.2000 0.4700
Announcement Date 3/28/19 2/27/20 4/17/21 2/25/22 2/28/23 2/29/24
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,525 1,265 924.1 1,270 1,164 1,166
EBITDA 1 45.34 15.52 -80.35 -152.6 -239.2 -201.3
EBIT 1 -157.2 -188.1 -299 -331.7 -370.1 -296
Operating Margin -10.31% -14.88% -32.35% -26.11% -31.8% -25.39%
Earnings before Tax (EBT) 1 96.02 33.43 -412 -199.9 -241.8 -284.9
Net income 1 86.26 22.17 -422.1 -214.8 -264.1 -290.7
Net margin 5.66% 1.75% -45.67% -16.91% -22.69% -24.94%
EPS 2 0.0269 0.006903 -0.1314 -0.0700 -0.0822 -0.0905
Free Cash Flow 1 -517.5 -168.2 317.7 -84.43 -242 12.72
FCF margin -33.93% -13.3% 34.38% -6.65% -20.79% 1.09%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/28/19 2/27/20 4/17/21 2/25/22 2/28/23 2/29/24
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 913 763 597 382 273 278
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 20.14 x 49.17 x -7.424 x -2.502 x -1.142 x -1.379 x
Free Cash Flow 1 -518 -168 318 -84.4 -242 12.7
ROE (net income / shareholders' equity) 12.6% 3.13% -83.9% -127% -61.9% -57.2%
ROA (Net income/ Total Assets) -2.56% -3.38% -6.04% -8.15% -9.68% -7.72%
Assets 1 -3,364 -656.2 6,987 2,636 2,729 3,768
Book Value Per Share 2 0.2200 0.2200 0.0900 0.0200 0.2000 0.1100
Cash Flow per Share 2 0.0100 0.0100 0.0100 0.0400 0.0400 0.0100
Capex 1 34.9 46.2 43.6 43.7 153 33.4
Capex / Sales 2.29% 3.65% 4.72% 3.44% 13.17% 2.86%
Announcement Date 3/28/19 2/27/20 4/17/21 2/25/22 2/28/23 2/29/24
1NGN in Million2NGN
Estimates
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