Financials Volex plc

Equities

Market Closed - London S.E. Other stock markets 11:35:14 2024-04-26 am EDT			5-day change	1st Jan Change
313 ^GBX	-0.16%		+1.29%	-1.88%

Apr. 18	Volex rises as revenue and profit set to exceed market expectations	AN
Apr. 18	Volex Flags Consensus-beating Revenue Growth for FY24	MT

Fiscal Period: Abril	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	170.8	196.5	743.9	545.5	422.3	709.8	-	-
Enterprise Value (EV) ¹	170.8	175.3	771.2	640.8	526	874.9	875.8	849.9
P/E ratio	-	-	19.9 x	19 x	12.1 x	15.1 x	12.8 x	11.5 x
Yield	-	2.83%	0.96%	1.28%	1.86%	1.3%	1.48%	1.66%
Capitalization / Revenue	0.46 x	0.5 x	1.68 x	0.89 x	0.58 x	0.79 x	0.7 x	0.66 x
EV / Revenue	0.46 x	0.45 x	1.74 x	1.04 x	0.73 x	0.97 x	0.86 x	0.78 x
EV / EBITDA	6.73 x	4.6 x	15.2 x	9.69 x	6.45 x	8.28 x	6.95 x	6.28 x
EV / FCF	-	-	24.6 x	156 x	14.1 x	25.4 x	19.5 x	15 x
FCF Yield	-	-	4.07%	0.64%	7.11%	3.94%	5.13%	6.69%
Price to Book	-	1.57 x	4.05 x	2.71 x	1.88 x	1.88 x	1.64 x	1.46 x
Nbr of stocks (in thousands)	145,209	148,917	156,095	158,798	158,539	182,050	-	-
Reference price ²	1.176	1.320	4.766	3.435	2.664	3.899	3.899	3.899
Announcement Date	6/13/19	7/3/20	6/29/21	6/23/22	6/22/23	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: Abril	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	372.1	391.4	443.3	614.6	722.8	900.3	1,013	1,084
EBITDA ¹	25.39	38.15	50.78	66.1	81.6	105.7	126	135.2
EBIT ¹	-	31.63	42.9	56.2	67.3	86.8	102	110.8
Operating Margin	-	8.08%	9.68%	9.14%	9.31%	9.64%	10.07%	10.23%
Earnings before Tax (EBT) ¹	-	-	29.37	36.2	45.8	58.75	74.8	82.2
Net income ¹	-	-	38.89	30.4	36.8	46.45	57	62.1
Net margin	-	-	8.77%	4.95%	5.09%	5.16%	5.63%	5.73%
EPS ²	-	-	0.2390	0.1810	0.2210	0.2590	0.3052	0.3400
Free Cash Flow ¹	-	-	31.39	4.1	37.4	34.5	44.93	56.83
FCF margin	-	-	7.08%	0.67%	5.17%	3.83%	4.43%	5.24%
FCF Conversion (EBITDA)	-	-	61.81%	6.2%	45.83%	32.64%	35.67%	42.02%
FCF Conversion (Net income)	-	-	80.72%	13.49%	101.63%	74.27%	78.83%	91.52%
Dividend per Share ²	-	0.0374	0.0457	0.0441	0.0497	0.0505	0.0576	0.0648
Announcement Date	6/13/19	7/3/20	6/29/21	6/23/22	6/22/23	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	27.3	95.3	104	165	166	140
Net Cash position ¹	-	21.2	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	0.5369 x	1.442 x	1.271 x	1.563 x	1.318 x	1.036 x
Free Cash Flow ¹	-	-	31.4	4.1	37.4	34.5	44.9	56.8
ROE (net income / shareholders' equity)	-	-	24.7%	15.8%	17.5%	18%	16.1%	16.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	0.8400	1.180	1.270	1.420	2.070	2.370	2.670
Cash Flow per Share ²	-	-	0.2400	0.1100	0.3300	0.2900	0.4000	0.4800
Capex ¹	-	-	7.31	15	18.3	25.5	29.1	29.7
Capex / Sales	-	-	1.65%	2.44%	2.53%	2.83%	2.87%	2.74%
Announcement Date	6/13/19	7/3/20	6/29/21	6/23/22	6/22/23	-	-	-

¹USD in Million²USD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.899 USD

Average target price

5.61 USD

Spread / Average Target

+43.90%