HALFORDS GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 151.4 GBX | -1.43% |
|
+2.57% | -24.03% |
| Mar. 05 | Barclays cuts Bank of Ireland to 'equal weight' | AN |
| Feb. 28 | FTSE 100 down as Reckitt, St James's Place plunge | AN |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 457.2 | 137.5 | 748.5 | 534.5 | 380.1 | 330 | - | - |
| Enterprise Value (EV) 1 | 539 | 210.7 | 690.4 | 879.4 | 728.8 | 670.6 | 663.1 | 633.1 |
| P/E ratio | 11 x | 7.93 x | 14.4 x | 6.76 x | 11.7 x | 12.7 x | 11.7 x | 8.05 x |
| Yield | 8% | 8.85% | 1.32% | 3.66% | 5.72% | 6.61% | 5.92% | 7.05% |
| Capitalization / Revenue | 0.4 x | 0.12 x | 0.58 x | 0.39 x | 0.24 x | 0.19 x | 0.19 x | 0.18 x |
| EV / Revenue | 0.47 x | 0.18 x | 0.53 x | 0.64 x | 0.46 x | 0.39 x | 0.38 x | 0.35 x |
| EV / EBITDA | 5.49 x | 2.28 x | 4.94 x | 4.25 x | 3.92 x | 3.73 x | 3.54 x | 3.1 x |
| EV / FCF | 12.6 x | 3.86 x | 4.75 x | -59 x | 235 x | 25.5 x | 25.3 x | 18.8 x |
| FCF Yield | 7.92% | 25.9% | 21% | -1.69% | 0.43% | 3.92% | 3.96% | 5.32% |
| Price to Book | 1.09 x | 0.38 x | 1.79 x | 0.91 x | 0.68 x | 0.54 x | 0.53 x | 0.44 x |
| Nbr of stocks (in thousands) | 197,056 | 196,982 | 196,982 | 217,292 | 217,468 | 217,956 | - | - |
| Reference price 2 | 2.320 | 0.6980 | 3.800 | 2.460 | 1.748 | 1.514 | 1.514 | 1.514 |
| Announcement Date | 5/21/19 | 7/7/20 | 6/17/21 | 6/16/22 | 6/21/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,139 | 1,155 | 1,292 | 1,370 | 1,594 | 1,704 | 1,741 | 1,804 |
| EBITDA 1 | 98.2 | 92.6 | 139.8 | 207.1 | 186 | 180 | 187.1 | 204.4 |
| EBIT 1 | 62.2 | 55.4 | 101.8 | 101.1 | 63.6 | 48.46 | 50.99 | 63.86 |
| Operating Margin | 5.46% | 4.8% | 7.88% | 7.38% | 3.99% | 2.84% | 2.93% | 3.54% |
| Earnings before Tax (EBT) 1 | 51 | 19.4 | 64.5 | 96.6 | 43.5 | 36 | 39.23 | 57.13 |
| Net income 1 | 41.9 | - | 53.2 | 77.7 | 34 | 26.75 | 29.5 | 42.73 |
| Net margin | 3.68% | - | 4.12% | 5.67% | 2.13% | 1.57% | 1.69% | 2.37% |
| EPS 2 | 0.2100 | 0.0880 | 0.2640 | 0.3640 | 0.1500 | 0.1190 | 0.1297 | 0.1880 |
| Free Cash Flow 1 | 42.7 | 54.6 | 145.3 | -14.9 | 3.1 | 26.32 | 26.23 | 33.7 |
| FCF margin | 3.75% | 4.73% | 11.24% | -1.09% | 0.19% | 1.54% | 1.51% | 1.87% |
| FCF Conversion (EBITDA) | 43.48% | 58.96% | 103.93% | - | 1.67% | 14.62% | 14.02% | 16.49% |
| FCF Conversion (Net income) | 101.91% | - | 273.12% | - | 9.12% | 98.39% | 88.92% | 78.86% |
| Dividend per Share 2 | 0.1857 | 0.0618 | 0.0500 | 0.0900 | 0.1000 | 0.1000 | 0.0896 | 0.1068 |
| Announcement Date | 5/21/19 | 7/7/20 | 6/17/21 | 6/16/22 | 6/21/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 582.7 | 638.9 | 653.4 | - | 674.8 | 765.7 | 827.8 | - |
| EBITDA | - | - | 62.9 | - | 61.1 | 92 | 94 | - |
| EBIT | - | - | 42.8 | - | 43 | 34.4 | 29.2 | - |
| Operating Margin | - | - | 6.55% | - | 6.37% | 4.49% | 3.53% | - |
| Earnings before Tax (EBT) | 27.5 | - | 9.1 | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS | 0.0930 | 0.2240 | - | - | - | - | - | - |
| Dividend per Share 1 | 0.0618 | - | 0.0500 | 0.0300 | 0.0600 | 0.0300 | 0.0700 | 0.0700 |
| Announcement Date | 11/7/19 | 11/18/20 | 6/17/21 | - | 6/16/22 | 11/23/22 | 6/21/23 | - |
1GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 81.8 | 73.2 | - | 345 | 349 | 341 | 333 | 303 |
| Net Cash position 1 | - | - | 58.1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.833 x | 0.7905 x | - | 1.665 x | 1.875 x | 1.892 x | 1.781 x | 1.483 x |
| Free Cash Flow 1 | 42.7 | 54.6 | 145 | -14.9 | 3.1 | 26.3 | 26.2 | 33.7 |
| ROE (net income / shareholders' equity) | 9.94% | 12.1% | 21% | 15% | 6.11% | 4.7% | 4.7% | 7.2% |
| ROA (Net income/ Total Assets) | 6.34% | 4.85% | - | - | - | - | - | - |
| Assets 1 | 661.2 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 2.140 | 1.860 | 2.120 | 2.690 | 2.590 | 2.810 | 2.860 | 3.460 |
| Cash Flow per Share 2 | 0.3600 | 0.9600 | 1.350 | 0.5600 | 0.6800 | 0.3100 | 0.4000 | 0.4800 |
| Capex 1 | 29.4 | 34.1 | 28 | 47.3 | 54.4 | 51.6 | 59 | 59.3 |
| Capex / Sales | 2.58% | 2.95% | 2.17% | 3.45% | 3.41% | 3.03% | 3.39% | 3.29% |
| Announcement Date | 5/21/19 | 7/7/20 | 6/17/21 | 6/16/22 | 6/21/23 | - | - | - |
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
OUTPERFORM
Number of Analysts
6
Last Close Price
1.514
GBP
Average target price
1.923
GBP
Spread / Average Target
+27.02%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -24.03% | 411M | |
| +14.98% | 11.5B | |
| -14.10% | 10.4B | |
| -3.04% | 10.43B | |
| +13.12% | 7.08B | |
| -1.33% | 4.48B | |
| -22.38% | 4.42B | |
| -7.04% | 3.63B | |
| -14.64% | 2.09B | |
| -17.62% | 2.39B |
- Stock Market
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- Financials Halfords Group plc
