Financials Molten Ventures Plc

Equities

Market Closed - London S.E. Other stock markets 11:35:25 2024-05-17 am EDT			5-day change	1st Jan Change
323 ^GBX	+4.36%		+5.56%	+16.35%

May. 09	Avon Protection wins UK MoD supply deal; Molten Ventures up	AN
May. 09	Molten Ventures wins UK MoD supply contract	AN

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	601.4	418.6	1,124	1,186	415.6	607.1	-	-
Enterprise Value (EV) ¹	551.1	432.3	962.8	1,108	392.7	653.4	660.5	684.2
P/E ratio	4.64 x	10.7 x	3.92 x	3.92 x	-1.72 x	-2.92 x	5.27 x	2.94 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	4.98 x	8.05 x	3.89 x	3.38 x	-1.91 x	-3.98 x	5.34 x	3.42 x
EV / Revenue	4.56 x	8.31 x	3.33 x	3.15 x	-1.81 x	-4.28 x	5.81 x	3.86 x
EV / EBITDA	5.01 x	10.5 x	3.52 x	3.38 x	-1.63 x	-3.76 x	6.74 x	5.9 x
EV / FCF	-2.57 x	-7.09 x	13.2 x	-5.3 x	-3.64 x	-20.3 x	54.1 x	-81.5 x
FCF Yield	-39%	-14.1%	7.58%	-18.9%	-27.5%	-4.92%	1.85%	-1.23%
Price to Book	0.97 x	0.63 x	1.09 x	0.83 x	0.35 x	0.49 x	0.42 x	0.36 x
Nbr of stocks (in thousands)	117,925	118,918	139,097	152,800	151,901	187,946	-	-
Reference price ²	5.100	3.520	8.080	7.760	2.736	3.230	3.230	3.230
Announcement Date	6/4/19	6/29/20	6/14/21	6/13/22	6/15/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	120.8	52.01	288.8	351.2	-217.4	-152.5	113.6	177.4
EBITDA ¹	110	41.21	273.5	328	-240.5	-173.8	98.05	116
EBIT ¹	109.8	40.69	272.9	327.2	-241.2	-165.6	107.7	166.1
Operating Margin	90.87%	78.23%	94.48%	93.17%	110.95%	108.56%	94.81%	93.63%
Earnings before Tax (EBT) ¹	111.2	40.38	267.4	325	-	-38.11	87.01	219
Net income ¹	110.6	39.71	267.4	300.7	-243.4	-38.11	83.63	209.9
Net margin	91.53%	76.34%	92.59%	85.62%	111.96%	24.99%	73.61%	118.34%
EPS ²	1.100	0.3300	2.060	1.980	-1.590	-1.107	0.6125	1.097
Free Cash Flow ¹	-214.8	-60.93	73.01	-208.9	-108	-32.15	12.2	-8.4
FCF margin	-177.79%	-117.15%	25.28%	-59.48%	49.68%	21.08%	10.74%	-4.74%
FCF Conversion (EBITDA)	-	-	26.69%	-	-	-	12.44%	-
FCF Conversion (Net income)	-	-	27.3%	-	-	-	14.59%	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	6/4/19	6/29/20	6/14/21	6/13/22	6/15/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	13.7	-	-	-	46.3	53.4	77.1
Net Cash position ¹	50.4	-	161	78.1	22.9	-	-	-
Leverage (Debt/EBITDA)	-	0.3328 x	-	-	-	-0.2663 x	0.5446 x	0.6649 x
Free Cash Flow ¹	-215	-60.9	73	-209	-108	-32.2	12.2	-8.4
ROE (net income / shareholders' equity)	24.1%	6.21%	31.6%	24.4%	-18.5%	-1.93%	6.43%	14%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	5.240	5.550	7.430	9.370	7.800	6.620	7.650	8.970
Cash Flow per Share ²	-0.0200	-0.0100	0.0200	-1.390	-0.7100	-0.6700	0.4100	0.4000
Capex ¹	0.06	0.37	0.14	0.1	-	0.45	0.45	0.7
Capex / Sales	0.05%	0.71%	0.05%	0.03%	-	-0.3%	0.4%	0.39%
Announcement Date	6/4/19	6/29/20	6/14/21	6/13/22	6/15/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.23 GBP

Average target price

5.332 GBP

Spread / Average Target

+65.08%

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