Financials Bridgepoint Group plc

Equities

BPT

GB00BND88V85

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:24 2024-05-10 am EDT			5-day change	1st Jan Change
231 ^GBX	+0.87%		-0.09%	-17.26%

May. 02	Powell did it again
May. 02	ANALYST RECOMMENDATIONS : AT&T, IBM, Meta Platforms, Starbucks, Netflix...

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,059	1,569	2,217	1,833	-	-
Enterprise Value (EV) ¹	3,820	1,569	2,060	2,072	2,053	1,977
P/E ratio	70.2 x	13 x	32.1 x	14.5 x	13.3 x	11.2 x
Yield	0.74%	2.1%	1.58%	4%	4.64%	5.11%
Capitalization / Revenue	15 x	5.1 x	6.89 x	4.02 x	3.61 x	3.18 x
EV / Revenue	14.1 x	5.1 x	6.4 x	4.55 x	4.05 x	3.43 x
EV / EBITDA	33.5 x	11.2 x	13.8 x	9.34 x	8.28 x	6.09 x
EV / FCF	-	139 x	14.3 x	26.3 x	17.3 x	12.2 x
FCF Yield	-	0.72%	6.98%	3.8%	5.79%	8.2%
Price to Book	5.67 x	2.03 x	3.08 x	2.53 x	2.32 x	2.02 x
Nbr of stocks (in thousands)	823,269	823,269	794,027	793,342	-	-
Reference price ²	4.930	1.906	2.792	2.310	2.310	2.310
Announcement Date	3/24/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	270.6	307.4	321.6	455.7	507	576.9
EBITDA ¹	113.9	140.3	148.8	221.9	248.1	324.9
EBIT ¹	102	125	133.1	199.1	226.5	276.1
Operating Margin	37.69%	40.66%	41.39%	43.7%	44.67%	47.86%
Earnings before Tax (EBT) ¹	62.6	127.4	86	192.9	213.4	220.5
Net income ¹	57.8	120.6	70.7	161.4	177.5	217.1
Net margin	21.36%	39.23%	21.98%	35.43%	35.01%	37.63%
EPS ²	0.0702	0.1464	0.0870	0.1595	0.1737	0.2058
Free Cash Flow ¹	-	11.3	143.8	78.8	118.9	162.2
FCF margin	-	3.68%	44.71%	17.29%	23.45%	28.12%
FCF Conversion (EBITDA)	-	8.05%	96.64%	35.5%	47.92%	49.93%
FCF Conversion (Net income)	-	9.37%	203.39%	48.81%	66.98%	74.73%
Dividend per Share ²	0.0364	0.0400	0.0440	0.0923	0.1071	0.1181
Announcement Date	3/24/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 S2	2023 S1	2023 S2
Net sales	-	167.3	137.8	-
EBITDA	-	78.5	55.6	-
EBIT ¹	-	70.8	52.4	84.6
Operating Margin	-	42.32%	38.03%	-
Earnings before Tax (EBT)	-	79.1	53.1	-
Net income ¹	44.9	75.7	48.2	22.5
Net margin	-	45.25%	34.98%	-
EPS	0.0500	-	-	-
Dividend per Share	-	-	-	-
Announcement Date	7/26/22	3/16/23	7/25/23	3/14/24

¹GBP in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	239	221	144
Net Cash position ¹	238	-	157	-	-	-
Leverage (Debt/EBITDA)	-	-	-	1.079 x	0.8889 x	0.4444 x
Free Cash Flow ¹	-	11.3	144	78.8	119	162
ROE (net income / shareholders' equity)	11.3%	15.2%	15.9%	19.5%	16.3%	22.8%
ROA (Net income/ Total Assets)	4.97%	-	5.69%	5.16%	4.35%	6.19%
Assets ¹	1,163	-	1,243	3,132	4,080	3,508
Book Value Per Share ²	0.8700	0.9400	0.9100	0.9100	1.000	1.150
Cash Flow per Share ²	0.0600	0.0400	0.1900	0.0800	0.1100	0.1500
Capex	6.3	22.6	4	-	-	-
Capex / Sales	2.33%	7.35%	1.24%	-	-	-
Announcement Date	3/24/22	3/16/23	3/14/24	-	-	-

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

Ratings for Bridgepoint Group plc

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.31 GBP

Average target price

2.782 GBP

Spread / Average Target

+20.45%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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Private Equity