THG PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 69.8 GBX | -1.62% |
|
+1.01% | -18.04% |
| May. 23 | JPMorgan raises Unilever to 'overweight' | AN |
| May. 21 | Kelso to vote down chair re-election at next THG AGM | AN |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,571 | 2,798 | 555.5 | 1,107 | 928.8 | - | - |
| Enterprise Value (EV) 1 | 7,288 | 2,754 | 1,095 | 1,670 | 1,508 | 1,524 | 1,502 |
| P/E ratio | -15.8 x | -17.6 x | -1 x | -4.48 x | -7.01 x | -9.86 x | -15.3 x |
| Yield | - | - | - | - | - | 0.48% | 1.43% |
| Capitalization / Revenue | 4.69 x | 1.28 x | 0.25 x | 0.54 x | 0.44 x | 0.41 x | 0.38 x |
| EV / Revenue | 4.52 x | 1.26 x | 0.49 x | 0.82 x | 0.72 x | 0.68 x | 0.62 x |
| EV / EBITDA | 48.3 x | 17.1 x | 17.1 x | 14.6 x | 10.1 x | 8.76 x | 7.32 x |
| EV / FCF | -73.4 x | -31.2 x | -19.2 x | - | -60.2 x | -248 x | 289 x |
| FCF Yield | -1.36% | -3.2% | -5.22% | - | -1.66% | -0.4% | 0.35% |
| Price to Book | 5.48 x | 1.43 x | 0.42 x | 1.23 x | 0.91 x | 1.01 x | 1.25 x |
| Nbr of stocks (in thousands) | 970,647 | 1,220,898 | 1,265,340 | 1,299,619 | 1,330,626 | - | - |
| Reference price 2 | 7.800 | 2.292 | 0.4390 | 0.8516 | 0.6980 | 0.6980 | 0.6980 |
| Announcement Date | 4/15/21 | 4/21/22 | 4/18/23 | 4/10/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,614 | 2,180 | 2,239 | 2,045 | 2,102 | 2,243 | 2,421 |
| EBITDA 1 | 150.8 | 161.3 | 64.11 | 114.1 | 149.1 | 173.9 | 205.3 |
| EBIT 1 | 45.51 | -8.235 | -149.8 | -134.8 | -57.16 | -22.28 | 12.78 |
| Operating Margin | 2.82% | -0.38% | -6.69% | -6.59% | -2.72% | -0.99% | 0.53% |
| Earnings before Tax (EBT) 1 | -534.6 | -186.3 | -549.7 | -252 | -137.8 | -103.2 | -64.51 |
| Net income 1 | -532.6 | -138.1 | -540 | -248.4 | -141.1 | -107.5 | -67.22 |
| Net margin | -33.01% | -6.33% | -24.11% | -12.14% | -6.71% | -4.79% | -2.78% |
| EPS 2 | -0.4931 | -0.1300 | -0.4400 | -0.1900 | -0.0996 | -0.0708 | -0.0455 |
| Free Cash Flow 1 | -99.32 | -88.22 | -57.14 | - | -25.05 | -6.15 | 5.2 |
| FCF margin | -6.15% | -4.05% | -2.55% | - | -1.19% | -0.27% | 0.21% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 2.53% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | 0.003330 | 0.0100 |
| Announcement Date | 4/15/21 | 4/21/22 | 4/18/23 | 4/10/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S2 | 2021 S1 | 2021 Q4 | 2021 S2 | 2022 S1 | 2023 Q1 | 2023 S1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 937.9 | 958.8 | 610.5 | 1,221 | 1,077 | 469.4 | 969.3 |
| EBITDA | - | 81.22 | - | 80.06 | 32.32 | - | 47.1 |
| EBIT | 15.78 | - | - | -19.45 | -66.3 | - | - |
| Operating Margin | 1.68% | - | - | -1.59% | -6.16% | - | - |
| Earnings before Tax (EBT) | - | -81.34 | - | - | -108.2 | - | - |
| Net income | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 4/15/21 | 9/16/21 | 4/21/22 | 4/21/22 | 9/15/22 | 6/14/23 | 9/14/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 540 | 563 | 579 | 595 | 574 |
| Net Cash position 1 | 283 | 44.4 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 8.419 x | 4.936 x | 3.886 x | 3.42 x | 2.794 x |
| Free Cash Flow 1 | -99.3 | -88.2 | -57.1 | - | -25.1 | -6.15 | 5.2 |
| ROE (net income / shareholders' equity) | -0.19% | -9.52% | -13.5% | -17.3% | -13.9% | -10.8% | -7.54% |
| ROA (Net income/ Total Assets) | -0.07% | -4.7% | -6.34% | -6.83% | - | - | - |
| Assets 1 | 719,769 | 2,936 | 8,519 | 3,634 | - | - | - |
| Book Value Per Share 2 | 1.420 | 1.600 | 1.050 | 0.6900 | 0.7700 | 0.6900 | 0.5600 |
| Cash Flow per Share 2 | 0.0900 | 0.0200 | 0.0300 | 0.1100 | 0.1200 | 0.1600 | 0.1500 |
| Capex 1 | 175 | 112 | 94.9 | 126 | 132 | 107 | 111 |
| Capex / Sales | 10.84% | 5.12% | 4.24% | 6.14% | 6.28% | 4.77% | 4.59% |
| Announcement Date | 4/15/21 | 4/21/22 | 4/18/23 | 4/10/24 | - | - | - |
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
11
Last Close Price
0.698
GBP
Average target price
1.074
GBP
Spread / Average Target
+53.82%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -18.04% | 1.18B | |
| -1.65% | 200B | |
| +1.16% | 190B | |
| +34.80% | 87.49B | |
| +1.82% | 81.12B | |
| -20.94% | 79.4B | |
| +21.69% | 26.88B | |
| +35.35% | 11.64B | |
| -9.29% | 8.74B | |
| -24.30% | 5.01B |
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- THG Stock
- Financials THG Plc
