BELL EQUIPMENT LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.06 ZAR | +0.22% |
|
+8.28% | +17.65% |
| Mar. 28 | Bell Equipment Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Mar. 22 | Bell Equipment Limited Revises Earnings Guidance for the Year Ended 31 December 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,210 | 884.6 | 621.6 | 1,181 | 1,458 | 2,199 |
| Enterprise Value (EV) 1 | 2,614 | 2,944 | 2,104 | 2,186 | 3,045 | 4,245 |
| P/E ratio | 4.5 x | 11.7 x | -9.67 x | 4.75 x | 4.27 x | 3.09 x |
| Yield | 3.56% | 2.16% | - | 4.05% | 5.9% | - |
| Capitalization / Revenue | 0.16 x | 0.11 x | 0.09 x | 0.15 x | 0.14 x | 0.16 x |
| EV / Revenue | 0.35 x | 0.38 x | 0.31 x | 0.27 x | 0.3 x | 0.31 x |
| EV / EBITDA | 4.56 x | 8.1 x | 12 x | 3.94 x | 3.59 x | 3.24 x |
| EV / FCF | -3.1 x | -12.8 x | 3.06 x | 4.97 x | -5.57 x | -5.98 x |
| FCF Yield | -32.3% | -7.83% | 32.7% | 20.1% | -17.9% | -16.7% |
| Price to Book | 0.36 x | 0.26 x | 0.18 x | 0.31 x | 0.34 x | 0.42 x |
| Nbr of stocks (in thousands) | 95,629 | 95,629 | 95,629 | 95,629 | 95,629 | 95,629 |
| Reference price 2 | 12.65 | 9.250 | 6.500 | 12.35 | 15.25 | 23.00 |
| Announcement Date | 4/9/19 | 5/29/20 | 5/1/21 | 3/29/22 | 3/31/23 | 3/28/24 |
1ZAR in Million2ZAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 7,534 | 7,823 | 6,690 | 8,017 | 10,276 | 13,514 |
| EBITDA 1 | 573.5 | 363.7 | 175.9 | 555.1 | 847.2 | 1,309 |
| EBIT 1 | 453.8 | 229.8 | 35.07 | 403.7 | 705.2 | 1,194 |
| Operating Margin | 6.02% | 2.94% | 0.52% | 5.04% | 6.86% | 8.83% |
| Earnings before Tax (EBT) 1 | 405.3 | 118.6 | -67.52 | 369.6 | 645.7 | 1,080 |
| Net income 1 | 269.6 | 75.49 | -64.29 | 286.8 | 456.8 | 763.6 |
| Net margin | 3.58% | 0.96% | -0.96% | 3.58% | 4.45% | 5.65% |
| EPS 2 | 2.810 | 0.7894 | -0.6723 | 2.600 | 3.570 | 7.440 |
| Free Cash Flow 1 | -844.6 | -230.4 | 687.2 | 439.8 | -546.4 | -709.8 |
| FCF margin | -11.21% | -2.94% | 10.27% | 5.49% | -5.32% | -5.25% |
| FCF Conversion (EBITDA) | - | - | 390.69% | 79.23% | - | - |
| FCF Conversion (Net income) | - | - | - | 153.38% | - | - |
| Dividend per Share 2 | 0.4500 | 0.2000 | - | 0.5000 | 0.9000 | - |
| Announcement Date | 4/9/19 | 5/29/20 | 5/1/21 | 3/29/22 | 3/31/23 | 3/28/24 |
1ZAR in Million2ZAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,405 | 2,060 | 1,483 | 1,005 | 1,587 | 2,045 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.449 x | 5.663 x | 8.428 x | 1.811 x | 1.873 x | 1.563 x |
| Free Cash Flow 1 | -845 | -230 | 687 | 440 | -546 | -710 |
| ROE (net income / shareholders' equity) | 8.69% | 1.79% | -1.66% | 7.99% | 11.6% | 16.4% |
| ROA (Net income/ Total Assets) | 4.77% | 2.12% | 0.32% | 3.72% | 5.66% | 7.78% |
| Assets 1 | 5,649 | 3,564 | -20,047 | 7,708 | 8,072 | 9,818 |
| Book Value Per Share 2 | 35.10 | 35.90 | 36.50 | 40.10 | 45.20 | 54.50 |
| Cash Flow per Share 2 | 1.550 | 0.9500 | 0.8700 | 1.630 | 2.390 | 2.630 |
| Capex 1 | 266 | 182 | 84.6 | 104 | 131 | 212 |
| Capex / Sales | 3.53% | 2.33% | 1.26% | 1.29% | 1.27% | 1.57% |
| Announcement Date | 4/9/19 | 5/29/20 | 5/1/21 | 3/29/22 | 3/31/23 | 3/28/24 |
1ZAR in Million2ZAR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +17.65% | 139M | |
| +41.74% | 4.56B | |
| +21.03% | 2.82B | |
| +10.88% | 693M | |
| -9.62% | 585M | |
| +3.37% | 566M | |
| +20.93% | 283M | |
| -13.08% | 267M | |
| -12.87% | 96.43M | |
| +105.56% | 85.93M |
- Stock Market
- Equities
- BEL Stock
- Financials Bell Equipment Limited
