Financials Henry Boot PLC

Equities

Market Closed - London S.E. Other stock markets 11:35:22 2024-05-31 am EDT			5-day change	1st Jan Change
202 ^GBX	-0.49%		-3.81%	-2.88%

May. 23	Bloomsbury books profit jump; Braemar profit slips	AN
May. 23	Henry Boot Agrees To Sale Of Retirement Development On Former Terry's Chocolate Factory Site To Mccarthy Stone	RE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	423.1	338.4	377.2	312.7	277.9	269.9	-	-
Enterprise Value (EV) ¹	396.1	309.2	420.7	361.3	355.7	348.8	352.9	345.5
P/E ratio	-	-	13.6 x	9.55 x	10.8 x	13.8 x	11.3 x	10.3 x
Yield	1.57%	2.16%	2.13%	2.83%	3.52%	3.86%	4.11%	4.36%
Capitalization / Revenue	1.11 x	1.52 x	1.64 x	0.92 x	0.77 x	0.76 x	0.71 x	0.65 x
EV / Revenue	1.04 x	1.39 x	1.82 x	1.06 x	0.99 x	0.98 x	0.92 x	0.83 x
EV / EBITDA	7.23 x	12.4 x	10.3 x	6.98 x	7.7 x	8.5 x	7.28 x	6.58 x
EV / FCF	-	24 x	-9.43 x	-16.2 x	-47.6 x	43.6 x	16.5 x	22.4 x
FCF Yield	-	4.17%	-10.6%	-6.16%	-2.1%	2.29%	6.06%	4.46%
Price to Book	-	-	-	-	-	0.64 x	0.62 x	0.6 x
Nbr of stocks (in thousands)	132,635	132,706	132,826	133,052	133,623	133,625	-	-
Reference price ²	3.190	2.550	2.840	2.350	2.080	2.020	2.020	2.020
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	379.7	222.4	230.6	341.4	359.4	356.8	381.6	415.7
EBITDA ¹	54.81	24.84	40.79	51.79	46.2	41.03	48.47	52.47
EBIT ¹	48.9	17.48	35.57	46.46	40.2	35.27	42.5	46.5
Operating Margin	12.88%	7.86%	15.43%	13.61%	11.19%	9.88%	11.14%	11.19%
Earnings before Tax (EBT) ¹	-	17.08	35.14	45.6	37.3	30.67	37.57	42.57
Net income ¹	-	13.72	28.16	33.32	26.3	20.94	25.54	27.85
Net margin	-	6.17%	12.21%	9.76%	7.32%	5.87%	6.69%	6.7%
EPS ²	-	-	0.2090	0.2460	0.1930	0.1466	0.1781	0.1953
Free Cash Flow ¹	-	12.89	-44.62	-22.27	-7.475	8	21.4	15.4
FCF margin	-	5.79%	-19.35%	-6.52%	-2.08%	2.24%	5.61%	3.7%
FCF Conversion (EBITDA)	-	51.89%	-	-	-	19.5%	44.15%	29.35%
FCF Conversion (Net income)	-	93.89%	-	-	-	38.2%	83.79%	55.3%
Dividend per Share ²	0.0500	0.0550	0.0605	0.0666	0.0733	0.0780	0.0830	0.0880
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	43.5	48.6	77.8	78.8	83	75.5
Net Cash position ¹	27	29.2	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	1.066 x	0.9384 x	1.684 x	1.921 x	1.712 x	1.44 x
Free Cash Flow ¹	-	12.9	-44.6	-22.3	-7.48	8	21.4	15.4
ROE (net income / shareholders' equity)	-	4.39%	8.54%	9.03%	6.63%	4.86%	5.71%	5.84%
ROA (Net income/ Total Assets)	-	-	-	-	-	3.28%	3.79%	4.4%
Assets ¹	-	-	-	-	-	638.9	673	632.4
Book Value Per Share ²	-	-	-	-	-	3.150	3.250	3.380
Cash Flow per Share ²	0.0900	0.0900	-0.3200	-0.1600	-0.0200	0.1100	0.1800	0.2100
Capex ¹	1.11	0.92	1.06	0.97	4.07	6	6.2	6.4
Capex / Sales	0.29%	0.42%	0.46%	0.28%	1.13%	1.68%	1.62%	1.54%
Announcement Date	5/21/20	3/23/21	3/23/22	3/21/23	3/25/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.02 GBP

Average target price

3.383 GBP

Spread / Average Target

+67.49%

	1st Jan change	Capi.
HENRY BOOT PLC	-2.88%	343M
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WSP GLOBAL INC.	+10.37%	18.74B
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