Financials Knights Group Holdings plc

Equities

KGH

GB00BFYF6298

Business Support Services

Market Closed - London S.E. Other stock markets 11:35:26 2024-05-10 am EDT			5-day change	1st Jan Change
136 ^GBX	+0.74%		+3.03%	+21.97%

Apr. 04	Knights Group diversifies client offerings following new joint venture	AN
Apr. 04	Knights Group Holdings plc Announces Joint Venture with the Former Convex Capital Management Team to Form Convex Corporate Finance Limited	CI

Valuation

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	204.5	293.4	367.6	98.03	72.6	116.7	-	-
Enterprise Value (EV) ¹	218.6	309.3	388.7	127	101.8	148.1	139.3	127.9
P/E ratio	-	-	109 x	-38.4 x	9.21 x	10.9 x	7.61 x	5.97 x
Yield	0.66%	0.31%	-	3.02%	4.76%	3.15%	3.4%	3.62%
Capitalization / Revenue	3.88 x	3.95 x	3.56 x	0.78 x	0.51 x	0.75 x	0.71 x	0.68 x
EV / Revenue	4.15 x	4.16 x	3.77 x	1.01 x	0.72 x	0.95 x	0.84 x	0.74 x
EV / EBITDA	19.3 x	17.2 x	15.3 x	4.63 x	3.05 x	3.82 x	3.36 x	2.92 x
EV / FCF	-	37 x	108 x	13.2 x	5.61 x	14.6 x	8.35 x	5.86 x
FCF Yield	-	2.7%	0.93%	7.59%	17.8%	6.86%	12%	17.1%
Price to Book	-	-	4.45 x	1.15 x	0.78 x	1.17 x	1.06 x	-
Nbr of stocks (in thousands)	72,260	82,076	82,607	84,505	85,813	85,814	-	-
Reference price ²	2.830	3.575	4.450	1.160	0.8460	1.360	1.360	1.360
Announcement Date	7/9/19	7/22/20	7/14/21	7/12/22	7/10/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	52.66	74.3	103.2	125.6	142.1	155.9	164.9	172.3
EBITDA ¹	11.34	17.95	25.41	27.44	33.38	38.77	41.48	43.76
EBIT ¹	10.56	15.1	20.3	20.47	25.36	30.02	31.98	33.24
Operating Margin	20.05%	20.33%	19.67%	16.3%	17.85%	19.26%	19.4%	19.29%
Earnings before Tax (EBT) ¹	-	4.058	5.509	1.056	11.53	17.38	22.97	27.59
Net income ¹	-	1.819	3.402	-2.531	7.944	10.75	15.51	19.69
Net margin	-	2.45%	3.3%	-2.02%	5.59%	6.89%	9.41%	11.43%
EPS ²	-	-	0.0409	-0.0302	0.0919	0.1243	0.1787	0.2277
Free Cash Flow ¹	-	8.357	3.601	9.639	18.14	10.16	16.67	21.82
FCF margin	-	11.25%	3.49%	7.67%	12.77%	6.52%	10.11%	12.66%
FCF Conversion (EBITDA)	-	46.55%	14.17%	35.13%	54.35%	26.22%	40.18%	49.87%
FCF Conversion (Net income)	-	459.43%	105.85%	-	228.37%	94.59%	107.48%	110.83%
Dividend per Share ²	0.0187	0.0110	-	0.0350	0.0403	0.0428	0.0463	0.0493
Announcement Date	7/9/19	7/22/20	7/14/21	7/12/22	7/10/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April	2023 S1
Net sales ¹	71.2
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	1/16/23

¹GBP in Million

Estimates

Balance Sheet Analysis

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	14.1	15.9	21.1	28.9	29.2	31.4	22.6	11.2
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.243 x	0.8861 x	0.8317 x	1.054 x	0.8748 x	0.8099 x	0.5436 x	0.256 x
Free Cash Flow ¹	-	8.36	3.6	9.64	18.1	10.2	16.7	21.8
ROE (net income / shareholders' equity)	-	-	19%	17.1%	19.4%	18.2%	18.7%	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	1.000	1.010	1.080	1.170	1.280	-
Cash Flow per Share	-	0.1400	0.1000	0.1400	0.2300	-	-	-
Capex ¹	1.3	2.53	4.36	2.53	1.85	4.35	2.8	3.3
Capex / Sales	2.48%	3.4%	4.22%	2.01%	1.3%	2.79%	1.7%	1.92%
Announcement Date	7/9/19	7/22/20	7/14/21	7/12/22	7/10/23	-	-	-

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

Ratings for Knights Group Holdings plc

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.36 GBP

Average target price

1.588 GBP

Spread / Average Target

+16.79%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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