Financials Fleetwood Limited

Equities

FWD

AU000000FWD0

Homebuilding

Market Closed - Australian S.E. 02:10:19 2024-05-24 am EDT 5-day change 1st Jan Change
1.36 AUD 0.00% Intraday chart for Fleetwood Limited -1.81% -24.44%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 160.8 150.9 222.3 122 212.1 128.2 - -
Enterprise Value (EV) 1 127.2 108.4 196.1 66.69 212.1 106.9 100.1 105.6
P/E ratio -24.6 x -53.2 x 16.9 x -2.57 x 102 x 29.6 x 6.72 x 5.03 x
Yield - 3.13% 6.99% 1.54% 0.93% 2.79% 14.9% 19.9%
Capitalization / Revenue 0.51 x 0.46 x 0.63 x 0.27 x 0.52 x 0.3 x 0.28 x 0.25 x
EV / Revenue 0.4 x 0.33 x 0.55 x 0.15 x 0.52 x 0.25 x 0.22 x 0.21 x
EV / EBITDA 3.7 x 2.84 x 4.61 x 15.5 x 10.1 x 4.71 x 2.31 x 1.98 x
EV / FCF 6.33 x 2.7 x 9.49 x 8.13 x -163 x 47.5 x 4.78 x 4.35 x
FCF Yield 15.8% 37.1% 10.5% 12.3% -0.61% 2.1% 20.9% 23%
Price to Book 0.67 x 0.67 x - - - - - -
Nbr of stocks (in thousands) 94,611 94,611 94,199 94,199 94,285 94,285 - -
Reference price 2 1.700 1.595 2.360 1.295 2.250 1.360 1.360 1.360
Announcement Date 8/28/19 8/25/20 8/25/21 8/30/22 8/30/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 315.1 324.9 353.6 445.1 410.6 422.8 465 504
EBITDA 1 34.37 38.2 42.5 4.3 21 22.7 43.35 53.35
EBIT 1 22.23 18.1 22.5 -13.4 4.2 7.5 27.5 36.55
Operating Margin 7.05% 5.57% 6.36% -3.01% 1.02% 1.77% 5.91% 7.25%
Earnings before Tax (EBT) 1 - 2.87 21.2 -54.77 2.62 5.7 25 35.1
Net income 1 -6.244 -2.82 13.3 -47.46 2 4 18.75 25.3
Net margin -1.98% -0.87% 3.76% -10.66% 0.49% 0.95% 4.03% 5.02%
EPS 2 -0.0690 -0.0300 0.1400 -0.5040 0.0220 0.0460 0.2025 0.2705
Free Cash Flow 1 20.1 40.2 20.67 8.2 -1.3 2.25 20.95 24.3
FCF margin 6.38% 12.37% 5.84% 1.84% -0.32% 0.53% 4.51% 4.82%
FCF Conversion (EBITDA) 58.48% 105.24% 48.63% 190.7% - 9.91% 48.33% 45.55%
FCF Conversion (Net income) - - 155.4% - - 56.25% 111.73% 96.05%
Dividend per Share 2 - 0.0500 0.1650 0.0200 0.0210 0.0380 0.2025 0.2705
Announcement Date 8/28/19 8/25/20 8/25/21 8/30/22 8/30/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1
Net sales 1 161.3 163.6 169.9 183.7 209.2
EBITDA 1 20.7 - 24.4 - 6.8
EBIT 10.7 7.4 14.1 8.4 -
Operating Margin 6.63% 4.52% 8.3% 4.57% -
Earnings before Tax (EBT) 10.1 -7.23 13.4 7.8 -
Net income 6.2 -9.02 9.3 4 -
Net margin 3.84% -5.51% 5.47% 2.18% -
EPS - - - - -
Dividend per Share - 0.0500 0.0600 0.1050 -
Announcement Date 2/23/20 8/25/20 2/24/21 8/25/21 2/23/22
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 33.6 42.5 26.2 55.3 - 21.3 28.1 22.6
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 20.1 40.2 20.7 8.2 -1.3 2.25 21 24.3
ROE (net income / shareholders' equity) 6.8% 5.27% 6.51% -5.39% - 2.7% 10.7% 14.4%
ROA (Net income/ Total Assets) 5.07% 3.79% 4.43% -3.22% - 1.75% 6.55% 8.5%
Assets 1 -123.1 -74.39 300.2 1,473 - 228.6 286.3 297.6
Book Value Per Share 2.550 2.390 - - - - - -
Cash Flow per Share - 0.4900 0 0.1600 - - - -
Capex 1 10.1 8.29 6.03 7 6.13 7.75 8.35 9
Capex / Sales 3.21% 2.55% 1.71% 1.57% 1.49% 1.83% 1.8% 1.79%
Announcement Date 8/28/19 8/25/20 8/25/21 8/30/22 8/30/23 - - -
1AUD in Million
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.36 AUD
Average target price
2.18 AUD
Spread / Average Target
+60.29%
Consensus

Quarterly revenue - Rate of surprise

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  4. Financials Fleetwood Limited