Financials Carr's Group plc

Equities

Market Closed - London S.E. Other stock markets 11:35:21 2024-04-26 am EDT			5-day change	1st Jan Change
133.8 ^GBX	+2.88%		+8.74%	+32.95%

Apr. 18	Carr's prepares for strategic transformation as profit slumps	AN
Apr. 18	Carr's Group Reviews Options for Engineering Division	MT

Fiscal Period: September	2019	2020	2021	2022	2024	2025	2026
Capitalization ¹	128.7	112.8	150.4	116.6	126.2	-	-
Enterprise Value (EV) ¹	152.5	134.5	175.8	116.6	123.1	124.7	123.6
P/E ratio	10.9 x	12 x	19.8 x	19.4 x	38.2 x	16.9 x	15 x
Yield	3.39%	3.89%	3.12%	-	3.94%	4.04%	4.11%
Capitalization / Revenue	0.32 x	0.29 x	0.36 x	0.94 x	0.84 x	0.79 x	0.74 x
EV / Revenue	0.38 x	0.34 x	0.42 x	0.94 x	0.82 x	0.78 x	0.73 x
EV / EBITDA	7.21 x	6.48 x	8.4 x	7.73 x	9.25 x	8.34 x	7.49 x
EV / FCF	17.1 x	11.7 x	11.7 x	-	12.4 x	20.4 x	16.7 x
FCF Yield	5.86%	8.54%	8.56%	-	8.04%	4.89%	5.99%
Price to Book	1.13 x	0.96 x	1.29 x	-	1.22 x	1.2 x	1.16 x
Nbr of stocks (in thousands)	91,942	92,466	93,713	94,000	94,378	-	-
Reference price ²	1.400	1.220	1.605	1.240	1.338	1.338	1.338
Announcement Date	11/11/19	11/23/20	12/7/21	3/23/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: September	2019	2020	2021	2022	2024	2025	2026
Net sales ¹	403.9	395.6	417.3	124.2	150.7	160	170
EBITDA ¹	21.16	20.77	20.92	15.08	13.3	14.95	16.5
EBIT ¹	16.25	13.61	14.64	11.07	9.3	11	12.3
Operating Margin	4.02%	3.44%	3.51%	8.91%	6.17%	6.88%	7.24%
Earnings before Tax (EBT) ¹	16.31	12.5	12.05	7.566	5.6	10.2	11.5
Net income ¹	12.05	9.533	7.712	6.042	3.3	7.5	8.5
Net margin	2.98%	2.41%	1.85%	4.86%	2.19%	4.69%	5%
EPS ²	0.1280	0.1020	0.0810	0.0640	0.0350	0.0790	0.0890
Free Cash Flow ¹	8.93	11.49	15.05	-	9.9	6.1	7.4
FCF margin	2.21%	2.9%	3.61%	-	6.57%	3.81%	4.35%
FCF Conversion (EBITDA)	42.21%	55.32%	71.92%	-	74.44%	40.8%	44.85%
FCF Conversion (Net income)	74.11%	120.54%	195.11%	-	300%	81.33%	87.06%
Dividend per Share ²	0.0475	0.0475	0.0500	-	0.0527	0.0540	0.0550
Announcement Date	11/11/19	11/23/20	12/7/21	3/23/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: September	2019	2020	2021	2022	2024	2025	2026
Net Debt ¹	23.8	21.7	25.4	-	-	-	-
Net Cash position ¹	-	-	-	-	3.15	1.55	2.6
Leverage (Debt/EBITDA)	1.125 x	1.044 x	1.213 x	-	-	-	-
Free Cash Flow ¹	8.93	11.5	15	-	9.9	6.1	7.4
ROE (net income / shareholders' equity)	11%	8.24%	10.4%	-	6.5%	7.6%	8.2%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	1.240	1.270	1.250	-	1.100	1.120	1.150
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	-	-	-	4	4	4
Capex / Sales	-	-	-	-	2.65%	2.5%	2.35%
Announcement Date	11/11/19	11/23/20	12/7/21	3/23/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.338 GBP

Average target price

1.582 GBP

Spread / Average Target

+18.32%

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