Financials DS Smith Plc OTC Markets

Equities

DSSMY

US23335X1054

Paper Packaging

Market Closed - OTC Markets 03:30:10 2024-06-20 pm EDT 5-day change 1st Jan Change
18.41 USD -2.54% Intraday chart for DS Smith Plc -.--% +39.47%

Valuation

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 4,277 5,772 4,543 4,268 4,829 5,790 - -
Enterprise Value (EV) 1 6,378 7,567 6,027 4,268 7,095 7,806 7,650 7,663
P/E ratio 8.1 x 29.6 x 16.3 x 8.74 x 12.6 x 15.3 x 13.1 x 12.7 x
Yield - 2.88% 4.53% - 5.14% 4.27% 4.55% 5.04%
Capitalization / Revenue 0.71 x 0.97 x 0.63 x 0.52 x 0.71 x 0.79 x 0.77 x 0.77 x
EV / Revenue 1.06 x 1.27 x 0.83 x 0.52 x 1.04 x 1.07 x 1.01 x 1.02 x
EV / EBITDA 6.67 x 9.39 x 6.65 x 3.64 x 6.93 x 7.4 x 6.64 x 6.36 x
EV / FCF 18 x 15.6 x 11.6 x - -38.1 x 24.3 x 19.2 x 16 x
FCF Yield 5.55% 6.42% 8.61% - -2.62% 4.12% 5.2% 6.24%
Price to Book 1.28 x 1.63 x 1.07 x - - 1.39 x 1.32 x 1.34 x
Nbr of stocks (in thousands) 1,371,316 1,371,775 1,372,931 1,376,455 1,378,260 1,378,605 - -
Reference price 2 3.119 4.208 3.309 3.101 3.504 4.200 4.200 4.200
Announcement Date 7/2/20 6/22/21 6/21/22 6/22/23 6/20/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 6,043 5,976 7,241 8,221 6,822 7,318 7,546 7,538
EBITDA 1 956 806 906 1,173 1,024 1,055 1,153 1,205
EBIT 1 660 502 616 861 701 689.2 781.6 830
Operating Margin 10.92% 8.4% 8.51% 10.47% 10.28% 9.42% 10.36% 11.01%
Earnings before Tax (EBT) 1 368 231 378 661 503 526.8 602.5 605.3
Net income 1 527 194 280 492 385 366.1 424.3 455.1
Net margin 8.72% 3.25% 3.87% 5.98% 5.64% 5% 5.62% 6.04%
EPS 2 0.3850 0.1420 0.2030 0.3550 0.2790 0.2752 0.3205 0.3305
Free Cash Flow 1 354 486 519 - -186 321.4 397.6 478.5
FCF margin 5.86% 8.13% 7.17% - -2.73% 4.39% 5.27% 6.35%
FCF Conversion (EBITDA) 37.03% 60.3% 57.28% - - 30.48% 34.49% 39.71%
FCF Conversion (Net income) 67.17% 250.52% 185.36% - - 87.8% 93.7% 105.14%
Dividend per Share 2 - 0.1210 0.1500 - 0.1800 0.1793 0.1913 0.2118
Announcement Date 7/2/20 6/22/21 6/21/22 6/22/23 6/20/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 2,855 2,889 3,087 3,362 3,879 4,299 3,922 3,513 3,309 3,455 3,748
EBITDA 1 458 385 421 423 483 572 601 522 502 430 566
EBIT 1 309 230 272 276 340 418 443 365 336 260 390
Operating Margin 10.82% 7.96% 8.81% 8.21% 8.77% 9.72% 11.3% 10.39% 10.15% 7.53% 10.41%
Earnings before Tax (EBT) - - - - - - - - - - -
Net income - - - - - - - - - - -
Net margin - - - - - - - - - - -
EPS 0.2650 - 0.0880 0.0980 0.1050 - - - - - -
Dividend per Share 2 - 0.0400 0.0810 0.0400 0.1100 0.0600 - 0.0600 0.1200 0.0600 0.1200
Announcement Date 7/2/20 12/10/20 6/22/21 12/9/21 6/21/22 12/8/22 6/22/23 12/7/23 6/20/24 - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 2,101 1,795 1,484 - 2,266 2,016 1,859 1,873
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.198 x 2.227 x 1.638 x - 2.213 x 1.912 x 1.613 x 1.554 x
Free Cash Flow 1 354 486 519 - -186 321 398 479
ROE (net income / shareholders' equity) 14.1% 9.65% 10.9% - 9.59% 10.5% 11.6% 11%
ROA (Net income/ Total Assets) 5.31% 3.83% 4.54% - 4.12% 3.76% 4.02% 4.34%
Assets 1 9,924 5,062 6,166 - 9,345 9,743 10,554 10,491
Book Value Per Share 2 2.440 2.580 3.080 - - 3.020 3.170 3.140
Cash Flow per Share 2 0.4800 0.5500 0.6700 - 0.2300 0.5200 0.5900 0.6400
Capex 1 376 331 431 - 547 458 459 440
Capex / Sales 6.22% 5.54% 5.95% - 8.02% 6.25% 6.08% 5.83%
Announcement Date 7/2/20 6/22/21 6/21/22 6/22/23 6/20/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
4.2 GBP
Average target price
3.944 GBP
Spread / Average Target
-6.10%
Consensus