Financials Arvida Group Limited

Equities

End-of-day quote New Zealand S.E. Other stock markets 06:00:00 2024-06-09 pm EDT			5-day change	1st Jan Change
0.94 ^NZD	0.00%		-2.08%	-14.55%

May. 28	Arvida Annual Net Profit Rises 69% to NZ$139 Million, Underlying Profit Falls 3% to NZ$85 Million	MT
May. 28	Arvida Group Limited Reports Earnings Results for the Full Year Ended March 31, 2024	CI

Fiscal Period: Marzo	2020	2021	2022	2023	2025	2026	2027
Capitalization ¹	677.4	895.1	1,239	672.9	687.1	-	-
Enterprise Value (EV) ¹	985.6	1,254	1,683	1,286	1,416	1,393	1,412
P/E ratio	14.9 x	6.86 x	5.33 x	8.17 x	5.5 x	4.07 x	5.16 x
Yield	4.64%	3.24%	3.2%	5.22%	-	2.48%	3.31%
Capitalization / Revenue	4.14 x	5.13 x	6.14 x	3.03 x	2.3 x	2.13 x	1.99 x
EV / Revenue	6.02 x	7.18 x	8.35 x	5.79 x	4.73 x	4.33 x	4.1 x
EV / EBITDA	15.4 x	19.7 x	18.7 x	11.5 x	11.6 x	10.4 x	9.99 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	0.94 x	1.08 x	0.92 x	0.48 x	0.42 x	0.38 x	0.35 x
Nbr of stocks (in thousands)	541,892	542,488	720,061	723,578	730,985	-	-
Reference price ²	1.250	1.650	1.720	0.9300	0.9400	0.9400	0.9400
Announcement Date	5/26/20	5/25/21	5/29/22	5/29/23	-	-	-

¹NZD in Million²NZD

Estimates

Fiscal Period: Marzo	2020	2021	2022	2023	2025	2026	2027
Net sales ¹	163.7	174.5	201.7	222	299.1	322.1	344.8
EBITDA ¹	64.06	63.53	89.8	111.5	121.8	134.3	141.4
EBIT ¹	58.23	57.7	81.42	103.1	112.2	124.1	130
Operating Margin	35.58%	33.07%	40.38%	46.44%	37.52%	38.54%	37.71%
Earnings before Tax (EBT)	22.27	133	197.7	-	-	-	-
Net income ¹	42.64	131.1	198.9	82.46	101.4	122.3	138.7
Net margin	26.06%	75.13%	98.62%	37.15%	33.91%	37.97%	40.23%
EPS ²	0.0840	0.2406	0.3230	0.1138	0.1709	0.2308	0.1821
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	0.0580	0.0535	0.0550	0.0485	-	0.0233	0.0311
Announcement Date	5/26/20	5/25/21	5/29/22	5/29/23	-	-	-

¹NZD in Million²NZD

Estimates

Fiscal Period: March	2020	2021	2022	2023	2025	2026	2027
Net Debt ¹	308	358	445	613	728	706	725
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	4.812 x	5.643 x	4.952 x	5.499 x	5.979 x	5.258 x	5.13 x
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	8.12%	6.7%	6.77%	6.02%	5.39%	5.75%	6%
ROA (Net income/ Total Assets)	3.22%	2.54%	2.92%	2.46%	1.27%	1.39%	1.44%
Assets ¹	1,323	5,164	6,813	3,356	7,972	8,805	9,605
Book Value Per Share ²	1.330	1.520	1.870	1.930	2.250	2.460	2.650
Cash Flow per Share ²	0.1900	0.2400	0.2500	0.2100	0.1300	0.1500	0.1600
Capex ¹	12.5	155	207	287	203	203	249
Capex / Sales	7.61%	88.73%	102.88%	129.38%	67.91%	62.92%	72.21%
Announcement Date	5/26/20	5/25/21	5/29/22	5/29/23	-	-	-

¹NZD in Million²NZD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.94 NZD

Average target price

1.445 NZD

Spread / Average Target

+53.72%

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