TELECOM PLUS PLC |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,750 GBX | +0.81% |
|
+3.58% | +7.82% |
| Apr. 30 | Telecom Plus guides for profit at upper end of expectations | AN |
| Apr. 30 | Utility Warehouse Expects FY24 Adjusted Pretax Profit Close to GBP116.3 Million | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,187 | 972.9 | 997 | 1,205 | 1,497 | 1,370 | - | - |
| Enterprise Value (EV) 1 | 1,223 | 1,032 | 1,068 | 1,276 | 1,600 | 1,479 | 1,480 | 1,471 |
| P/E ratio | 35.9 x | 27.2 x | - | 34 x | 22.2 x | 18.8 x | 17 x | 15.6 x |
| Yield | 3.42% | 4.59% | 4.49% | 3.73% | 4.23% | 4.82% | 5% | 5.2% |
| Capitalization / Revenue | 1.48 x | 1.11 x | 1.16 x | 1.25 x | 0.6 x | 0.65 x | 0.66 x | 0.59 x |
| EV / Revenue | 1.52 x | 1.18 x | 1.24 x | 1.32 x | 0.65 x | 0.7 x | 0.71 x | 0.63 x |
| EV / EBITDA | 20.2 x | 15.4 x | 16.9 x | 17.3 x | 14.5 x | 11.4 x | 10.4 x | 9.53 x |
| EV / FCF | 66.6 x | 36 x | 32.1 x | 30.8 x | 7.11 x | -10.7 x | 20.2 x | 17.7 x |
| FCF Yield | 1.5% | 2.78% | 3.12% | 3.24% | 14.1% | -9.32% | 4.94% | 5.65% |
| Price to Book | 5.26 x | 4.4 x | 4.7 x | 5.85 x | - | 6.2 x | 4.74 x | 4.43 x |
| Nbr of stocks (in thousands) | 78,100 | 78,335 | 78,502 | 78,773 | 79,202 | 78,894 | - | - |
| Reference price 2 | 15.20 | 12.42 | 12.70 | 15.30 | 18.90 | 17.36 | 17.36 | 17.36 |
| Announcement Date | 6/18/19 | 6/16/20 | 6/18/21 | 6/21/22 | 6/27/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 804.4 | 875.8 | 861.2 | 967.4 | 2,475 | 2,122 | 2,072 | 2,334 |
| EBITDA 1 | 60.42 | 66.82 | 63.12 | 73.62 | 110.4 | 129.5 | 141.7 | 154.3 |
| EBIT 1 | 57.32 | 62.68 | 58.39 | 65.18 | 96.38 | 117.9 | 129.8 | 141.9 |
| Operating Margin | 7.13% | 7.16% | 6.78% | 6.74% | 3.89% | 5.56% | 6.26% | 6.08% |
| Earnings before Tax (EBT) 1 | 43 | 48.11 | - | 47.21 | 85.45 | 101.4 | 111.4 | 120.8 |
| Net income 1 | 33.1 | 35.91 | - | 35.47 | 68.43 | 74.4 | 81.9 | 88.95 |
| Net margin | 4.12% | 4.1% | - | 3.67% | 2.76% | 3.51% | 3.95% | 3.81% |
| EPS 2 | 0.4230 | 0.4570 | - | 0.4500 | 0.8520 | 0.9245 | 1.022 | 1.114 |
| Free Cash Flow 1 | 18.36 | 28.7 | 33.32 | 41.35 | 225.2 | -137.8 | 73.17 | 83.1 |
| FCF margin | 2.28% | 3.28% | 3.87% | 4.27% | 9.1% | -6.49% | 3.53% | 3.56% |
| FCF Conversion (EBITDA) | 30.39% | 42.95% | 52.78% | 56.17% | 204.02% | - | 51.62% | 53.86% |
| FCF Conversion (Net income) | 55.47% | 79.92% | - | 116.59% | 329.12% | - | 89.34% | 93.42% |
| Dividend per Share 2 | 0.5200 | 0.5700 | 0.5700 | 0.5700 | 0.8000 | 0.8360 | 0.8683 | 0.9020 |
| Announcement Date | 6/18/19 | 6/16/20 | 6/18/21 | 6/21/22 | 6/27/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2023 S1 | 2024 S1 |
|---|---|---|---|
| Net sales 1 | 353.2 | 562.4 | 883.6 |
| EBITDA | - | - | - |
| EBIT | 28.24 | - | - |
| Operating Margin | 8% | - | - |
| Earnings before Tax (EBT) | 21.07 | - | - |
| Net income | 15.19 | - | - |
| Net margin | 4.3% | - | - |
| EPS | 0.1930 | - | - |
| Dividend per Share | - | - | - |
| Announcement Date | 11/19/19 | 11/22/22 | 11/21/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 35.4 | 59.4 | 71.4 | 70.4 | 103 | 109 | 110 | 101 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.5864 x | 0.8886 x | 1.131 x | 0.9562 x | 0.9367 x | 0.8447 x | 0.7785 x | 0.6574 x |
| Free Cash Flow 1 | 18.4 | 28.7 | 33.3 | 41.4 | 225 | -138 | 73.2 | 83.1 |
| ROE (net income / shareholders' equity) | 20.3% | 16% | - | 23.7% | - | 38.5% | 31.4% | 31.8% |
| ROA (Net income/ Total Assets) | 10.5% | 7.84% | - | - | - | - | - | - |
| Assets 1 | 313.8 | 458.2 | - | - | - | - | - | - |
| Book Value Per Share 2 | 2.890 | 2.820 | 2.700 | 2.620 | - | 2.800 | 3.670 | 3.920 |
| Cash Flow per Share 2 | 0.3500 | 0.5000 | 0.5500 | 0.6500 | - | -1.350 | 1.000 | 1.100 |
| Capex 1 | 9.11 | 10.3 | 10 | 9.94 | 11 | 11 | 11 | 11 |
| Capex / Sales | 1.13% | 1.18% | 1.17% | 1.03% | 0.45% | 0.52% | 0.53% | 0.47% |
| Announcement Date | 6/18/19 | 6/16/20 | 6/18/21 | 6/21/22 | 6/27/23 | - | - | - |
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
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
17.36
GBP
Average target price
25.82
GBP
Spread / Average Target
+48.75%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +7.82% | 1.72B | |
| -20.00% | 85.41B | |
| +55.95% | 78.14B | |
| -.--% | 51.55B | |
| -0.15% | 48.82B | |
| -4.15% | 45.31B | |
| +2.06% | 34.63B | |
| +12.97% | 34.44B | |
| -20.76% | 25.95B | |
| -9.34% | 23.37B |
- Stock Market
- Equities
- TEP Stock
- Financials Telecom Plus Plc
