VP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 670 GBX | +11.20% |
|
+18.58% | +5.10% |
| Apr. 16 | Vp performance "broadly" in line despite challenging backdrop | AN |
| 2023 | Transcript : Vp plc, H1 2024 Earnings Call, Nov 30, 2023 |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 415.2 | 254.4 | 323.6 | 332.6 | 267.2 | 265 | - | - |
| Enterprise Value (EV) 1 | 583.3 | 414.2 | 445.5 | 463.2 | 401.6 | 419.4 | 409.1 | 389.5 |
| P/E ratio | - | - | - | 13.2 x | 11.7 x | 11.9 x | 9.65 x | 8.86 x |
| Yield | 2.88% | 1.32% | 3.07% | 4.29% | 5.56% | 5.67% | 5.84% | 6.05% |
| Capitalization / Revenue | 1.08 x | 0.7 x | 1.05 x | 0.95 x | 0.72 x | 0.7 x | 0.68 x | 0.65 x |
| EV / Revenue | 1.52 x | 1.14 x | 1.45 x | 1.32 x | 1.08 x | 1.1 x | 1.05 x | 0.96 x |
| EV / EBITDA | 5.75 x | 3.35 x | 4.61 x | 5.21 x | 4.32 x | 3.75 x | 3.6 x | 3.32 x |
| EV / FCF | - | - | 7.64 x | 57.7 x | 14.4 x | 17.5 x | 14.2 x | 14.4 x |
| FCF Yield | - | - | 13.1% | 1.73% | 6.94% | 5.72% | 7.02% | 6.93% |
| Price to Book | 2.46 x | - | 2.11 x | 2 x | 1.55 x | 1.5 x | 1.46 x | - |
| Nbr of stocks (in thousands) | 39,538 | 39,630 | 39,755 | 39,600 | 39,644 | 39,545 | - | - |
| Reference price 2 | 10.50 | 6.420 | 8.140 | 8.400 | 6.740 | 6.700 | 6.700 | 6.700 |
| Announcement Date | 6/4/19 | 6/10/20 | 6/8/21 | 6/8/22 | 6/7/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 382.8 | 362.9 | 308 | 350.9 | 371.5 | 379.6 | 389.2 | 407.6 |
| EBITDA 1 | 101.4 | 123.8 | 96.66 | 88.87 | 92.88 | 111.8 | 113.8 | 117.3 |
| EBIT 1 | 51.57 | 55.48 | 30.93 | 46.3 | 40.49 | 49.2 | 50.74 | 53.7 |
| Operating Margin | 13.47% | 15.29% | 10.04% | 13.19% | 10.9% | 12.96% | 13.04% | 13.18% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 30.71 | 35 | 39 | 42.35 |
| Net income 1 | - | - | - | 25.54 | 23.01 | 22.55 | 27.8 | 29.85 |
| Net margin | - | - | - | 7.28% | 6.19% | 5.94% | 7.14% | 7.32% |
| EPS 2 | - | - | - | 0.6383 | 0.5776 | 0.5625 | 0.6940 | 0.7565 |
| Free Cash Flow 1 | - | - | 58.33 | 8.027 | 27.85 | 23.97 | 28.72 | 27 |
| FCF margin | - | - | 18.94% | 2.29% | 7.5% | 6.32% | 7.38% | 6.62% |
| FCF Conversion (EBITDA) | - | - | 60.35% | 9.03% | 29.99% | 21.44% | 25.24% | 23.02% |
| FCF Conversion (Net income) | - | - | - | 31.44% | 121.05% | 106.3% | 103.31% | 90.45% |
| Dividend per Share 2 | 0.3020 | 0.0845 | 0.2500 | 0.3600 | 0.3750 | 0.3798 | 0.3915 | 0.4055 |
| Announcement Date | 6/4/19 | 6/10/20 | 6/8/21 | 6/8/22 | 6/7/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2024 S1 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 186.6 | 176.3 | - | 165.9 | 176.1 | 174.8 | - | - |
| EBITDA | - | 59.04 | - | 49.22 | - | 44.32 | - | - |
| EBIT | - | 25.23 | - | 18.51 | - | 22.31 | - | - |
| Operating Margin | - | 14.31% | - | 11.16% | - | 12.76% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income 1 | - | - | -7.272 | - | - | - | 13.58 | 14.38 |
| Net margin | - | - | - | - | - | - | - | - |
| EPS 2 | - | - | -0.1831 | - | 0.3390 | - | 0.3386 | 0.3612 |
| Dividend per Share | - | - | - | 0.2500 | - | 0.2550 | - | - |
| Announcement Date | 12/4/19 | 6/10/20 | 12/7/20 | 6/8/21 | 11/30/21 | 6/8/22 | 11/29/22 | 11/28/23 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 168 | 160 | 122 | 131 | 134 | 154 | 144 | 125 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.658 x | 1.291 x | 1.261 x | 1.47 x | 1.447 x | 1.381 x | 1.267 x | 1.061 x |
| Free Cash Flow 1 | - | - | 58.3 | 8.03 | 27.9 | 24 | 28.7 | 27 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 4.260 | - | 3.870 | 4.210 | 4.360 | 4.460 | 4.590 | - |
| Cash Flow per Share 2 | - | - | - | - | - | 1.450 | 1.680 | 1.710 |
| Capex 1 | - | - | - | 53.6 | 38.5 | 44.3 | 45.7 | 43.5 |
| Capex / Sales | - | - | - | 15.26% | 10.35% | 11.68% | 11.73% | 10.67% |
| Announcement Date | 6/4/19 | 6/10/20 | 6/8/21 | 6/8/22 | 6/7/23 | - | - | - |
1GBP in Million2GBP
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.7
GBP
Average target price
9.1
GBP
Spread / Average Target
+35.82%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.10% | 330M | |
| +20.47% | 46B | |
| +11.75% | 33.18B | |
| +15.03% | 16.73B | |
| -12.99% | 7.38B | |
| +23.18% | 5.75B | |
| +2.27% | 4.32B | |
| -1.61% | 3.73B | |
| -6.61% | 2.74B | |
| +15.42% | 2.11B |
- Stock Market
- Equities
- VP. Stock
- Financials Vp plc
