PZ CUSSONS PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 102 GBX | -1.92% |
|
+7.94% | -33.42% |
| 02:02pm | Deutsche Bank Starts PZ Cussons Coverage at Buy | MT |
| 10:48am | Deutsche says buy Barr, Britvic and Fevertree | AN |
Valuation
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 849.2 | 738.8 | 1,067 | 847.3 | 770 | 427 | - | - |
| Enterprise Value (EV) 1 | 1,001 | 788 | 1,098 | 857.1 | 764.3 | 546.1 | 526.2 | 506.1 |
| P/E ratio | 32.5 x | 38.3 x | -64.2 x | 16.9 x | 21.2 x | 15.3 x | 12 x | 9.57 x |
| Yield | 4.08% | 3.28% | 2.39% | 3.16% | 3.48% | 4.32% | 4.43% | 5.04% |
| Capitalization / Revenue | 1.23 x | 1.26 x | 1.77 x | 1.43 x | 1.17 x | 0.79 x | 0.77 x | 0.75 x |
| EV / Revenue | 1.45 x | 1.34 x | 1.82 x | 1.45 x | 1.16 x | 1.01 x | 0.95 x | 0.89 x |
| EV / EBITDA | 10.1 x | 8.6 x | 12.7 x | 9.82 x | 8.27 x | 7.39 x | 6.52 x | 5.78 x |
| EV / FCF | 19.5 x | 7.22 x | 26.4 x | 20.3 x | 18 x | 13.6 x | 12.8 x | 12.6 x |
| FCF Yield | 5.12% | 13.8% | 3.79% | 4.92% | 5.56% | 7.36% | 7.84% | 7.92% |
| Price to Book | 2.01 x | 1.89 x | 3.02 x | 2.05 x | 1.87 x | 1.33 x | 1.24 x | 1.11 x |
| Nbr of stocks (in thousands) | 418,310 | 418,340 | 418,354 | 418,434 | 418,497 | 418,630 | - | - |
| Reference price 2 | 2.030 | 1.766 | 2.550 | 2.025 | 1.840 | 1.020 | 1.020 | 1.020 |
| Announcement Date | 7/23/19 | 9/23/20 | 9/22/21 | 9/22/22 | 9/26/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 689.4 | 587.2 | 603.3 | 592.8 | 656.3 | 541.4 | 551.8 | 571.8 |
| EBITDA 1 | 99.6 | 91.6 | 86.2 | 87.3 | 92.4 | 73.88 | 80.77 | 87.55 |
| EBIT 1 | 76.5 | 66.1 | 65.6 | 67.9 | 73.3 | 56.88 | 58.23 | 56.8 |
| Operating Margin | 11.1% | 11.26% | 10.87% | 11.45% | 11.17% | 10.51% | 10.55% | 9.93% |
| Earnings before Tax (EBT) 1 | 37 | 29.3 | 63.2 | 65.3 | 61.8 | 49.03 | 56.78 | 63.31 |
| Net income 1 | 26.1 | 19.3 | -16.6 | 48.5 | 36.4 | 28.09 | 35.63 | 44.65 |
| Net margin | 3.79% | 3.29% | -2.75% | 8.18% | 5.55% | 5.19% | 6.46% | 7.81% |
| EPS 2 | 0.0624 | 0.0461 | -0.0397 | 0.1195 | 0.0867 | 0.0668 | 0.0849 | 0.1065 |
| Free Cash Flow 1 | 51.3 | 109.1 | 41.6 | 42.2 | 42.5 | 40.2 | 41.25 | 40.1 |
| FCF margin | 7.44% | 18.58% | 6.9% | 7.12% | 6.48% | 7.42% | 7.47% | 7.01% |
| FCF Conversion (EBITDA) | 51.51% | 119.1% | 48.26% | 48.34% | 46% | 54.42% | 51.07% | 45.8% |
| FCF Conversion (Net income) | 196.55% | 565.28% | - | 87.01% | 116.76% | 143.13% | 115.76% | 89.81% |
| Dividend per Share 2 | 0.0828 | 0.0580 | 0.0609 | 0.0640 | 0.0640 | 0.0440 | 0.0452 | 0.0514 |
| Announcement Date | 7/23/19 | 9/23/20 | 9/22/21 | 9/22/22 | 9/26/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: May | 2023 S1 | 2024 S1 |
|---|---|---|
| Net sales 1 | 336.9 | 277.1 |
| EBITDA | - | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income | - | - |
| Net margin | - | - |
| EPS | - | - |
| Dividend per Share | - | - |
| Announcement Date | 2/8/23 | 2/7/24 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 152 | 49.2 | 30.7 | 9.8 | - | 119 | 99.2 | 79.1 |
| Net Cash position 1 | - | - | - | - | 5.7 | - | - | - |
| Leverage (Debt/EBITDA) | 1.528 x | 0.5371 x | 0.3561 x | 0.1123 x | - | 1.612 x | 1.228 x | 0.9035 x |
| Free Cash Flow 1 | 51.3 | 109 | 41.6 | 42.2 | 42.5 | 40.2 | 41.3 | 40.1 |
| ROE (net income / shareholders' equity) | 12.7% | 11.9% | 12.9% | 13.2% | 11.4% | 9.93% | 11.9% | 11.6% |
| ROA (Net income/ Total Assets) | 5.55% | 5.4% | 5.95% | 5.97% | 4.87% | 3.75% | 4.99% | 5.76% |
| Assets 1 | 470.3 | 357.4 | -279 | 812.3 | 747.5 | 749.8 | 714.7 | 774.9 |
| Book Value Per Share 2 | 1.010 | 0.9400 | 0.8500 | 0.9900 | 0.9800 | 0.7700 | 0.8200 | 0.9200 |
| Cash Flow per Share 2 | - | 0.2800 | 0.1200 | 0.1200 | 0.1200 | 0.1700 | 0.2000 | 0.2100 |
| Capex 1 | 14.1 | 6.7 | 8.9 | 8.2 | 6.7 | 10.1 | 10.8 | 13.8 |
| Capex / Sales | 2.05% | 1.14% | 1.48% | 1.38% | 1.02% | 1.86% | 1.95% | 2.41% |
| Announcement Date | 7/23/19 | 9/23/20 | 9/22/21 | 9/22/22 | 9/26/23 | - | - | - |
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
4
Last Close Price
1.04
GBP
Average target price
1.452
GBP
Spread / Average Target
+39.66%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -33.42% | 546M | |
| +11.37% | 382B | |
| +8.95% | 129B | |
| -16.24% | 62.7B | |
| +0.31% | 52.62B | |
| -12.59% | 36.49B | |
| +3.57% | 33.44B | |
| +9.84% | 17.62B | |
| +7.81% | 14.93B | |
| -8.87% | 10.76B |
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- Financials PZ Cussons plc
