Financials Plover Bay Technologies Limited

Equities

1523

KYG713321035

Communications & Networking

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
2.88 HKD +1.41% Intraday chart for Plover Bay Technologies Limited +0.70% +39.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 150.5 127.2 559.7 281.1 291.7 405.7 - -
Enterprise Value (EV) 1 150.5 127.2 559.7 281.1 291.7 405.7 405.7 405.7
P/E ratio - - 38.6 x 12.4 x 10.4 x 12.5 x 10.8 x 9.5 x
Yield 9.92% 10.1% 3.39% - - 6.78% 7.82% 8.9%
Capitalization / Revenue 3.28 x 2.41 x 7.55 x 3.24 x - 3.78 x 3.39 x 3.09 x
EV / Revenue 3.28 x 2.41 x 7.55 x 3.24 x - 3.78 x 3.39 x 3.09 x
EV / EBITDA 9,323,044 x 6,896,528 x 20,570,816 x 9,548,953 x - - - -
EV / FCF 9.79 x 8.57 x 32.1 x - - 12.1 x 10.8 x 9.97 x
FCF Yield 10.2% 11.7% 3.11% - - 8.23% 9.24% 10%
Price to Book 5.69 x 4.56 x 14 x - - 7.37 x 6.14 x 6.14 x
Nbr of stocks (in thousands) 1,046,792 1,071,728 1,090,811 1,097,523 1,100,494 1,100,444 - -
Reference price 2 0.1438 0.1187 0.5131 0.2561 0.2651 0.3687 0.3687 0.3687
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 45.91 52.82 74.13 86.76 - 107.5 119.6 131.4
EBITDA 16.14 18.44 27.21 29.44 - - - -
EBIT 1 14.09 16.1 24.78 26.62 - 39 44.9 51.08
Operating Margin 30.69% 30.49% 33.42% 30.69% - 36.29% 37.52% 38.89%
Earnings before Tax (EBT) 1 13.99 16.04 24.73 26.38 - 38.7 44.6 50.78
Net income 1 12.09 14.23 21.2 22.66 28.1 32.5 37.46 42.66
Net margin 26.33% 26.94% 28.6% 26.12% - 30.25% 31.31% 32.47%
EPS 2 - - 0.0133 0.0206 0.0255 0.0295 0.0340 0.0388
Free Cash Flow 1 15.37 14.84 17.43 - - 33.39 37.5 40.69
FCF margin 33.48% 28.09% 23.51% - - 31.08% 31.34% 30.97%
FCF Conversion (EBITDA) 95.22% 80.46% 64.05% - - - - -
FCF Conversion (Net income) 127.15% 104.27% 82.2% - - 102.73% 100.1% 95.38%
Dividend per Share 2 0.0143 0.0119 0.0174 - - 0.0250 0.0288 0.0328
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 15.4 14.8 17.4 - - 33.4 37.5 40.7
ROE (net income / shareholders' equity) 36.2% 40.7% 55.8% - - 62.7% 65.3% 65.1%
ROA (Net income/ Total Assets) 25.4% 26% 32.4% - - 37.4% 40.4% 42.2%
Assets 1 47.69 54.69 65.53 - - 86.91 92.73 101.1
Book Value Per Share 2 0.0300 0.0300 0.0400 - - 0.0500 0.0600 0.0600
Cash Flow per Share - - - - - - - -
Capex 1 1.22 1 1.49 - - 6.17 8.23 11
Capex / Sales 2.66% 1.9% 2.01% - - 5.74% 6.88% 8.35%
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.3687 USD
Average target price
0.479 USD
Spread / Average Target
+29.92%
Consensus

Annual profits - Rate of surprise

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