Financials Kitwave Group plc

Equities

KITW

GB00BNYKB709

Food Retail & Distribution

Market Closed - London S.E. Other stock markets 11:35:06 2024-07-12 am EDT			5-day change	1st Jan Change
350 ^GBX	+1.01%		+8.02%	+37.25%

Jul. 02	Kitwave profit falls despite revenue growth but optimistic for future	AN
Jul. 02	Kitwave Group plc Reports Earnings Results for the Half Year Ended April 30, 2024	CI

Valuation

Fiscal Period: October	2021	2022	2023	2024	2025	2026
Capitalization ¹	103.6	116.6	175	245.4	-	-
Enterprise Value (EV) ¹	137.9	160.1	233.4	325.8	307.9	291.8
P/E ratio	-	-	-	13.3 x	11.9 x	11.3 x
Yield	4.56%	4.05%	4.48%	3.26%	3.93%	4.18%
Capitalization / Revenue	0.27 x	0.23 x	0.29 x	0.36 x	0.35 x	0.33 x
EV / Revenue	0.36 x	0.32 x	0.39 x	0.48 x	0.43 x	0.4 x
EV / EBITDA	9.16 x	5.43 x	5.67 x	7.29 x	6.44 x	5.95 x
EV / FCF	26.5 x	6.61 x	8.69 x	16.7 x	12.5 x	11.1 x
FCF Yield	3.77%	15.1%	11.5%	5.98%	8%	8.97%
Price to Book	-	-	2.07 x	2.54 x	2.48 x	2.17 x
Nbr of stocks (in thousands)	70,000	70,000	70,000	70,111	-	-
Reference price ²	1.480	1.665	2.500	3.500	3.500	3.500
Announcement Date	2/28/22	2/28/23	2/27/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Octubre	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	592	380.7	503.1	602.2	675.2	711.2	733.7
EBITDA ¹	-	15.05	29.48	41.14	44.7	47.8	49.05
EBIT ¹	-	7.086	21.5	32.02	33.65	35.64	36.51
Operating Margin	-	1.86%	4.27%	5.32%	4.98%	5.01%	4.98%
Earnings before Tax (EBT) ¹	-	-	-	-	25.6	28.6	30.2
Net income ¹	0.065	-	-	-	19.4	21.65	22.75
Net margin	0.01%	-	-	-	2.87%	3.04%	3.1%
EPS ²	-	-	-	-	0.2630	0.2930	0.3100
Free Cash Flow ¹	-	5.203	24.22	26.86	19.5	24.64	26.18
FCF margin	-	1.37%	4.82%	4.46%	2.89%	3.46%	3.57%
FCF Conversion (EBITDA)	-	34.56%	82.18%	65.28%	43.62%	51.55%	53.37%
FCF Conversion (Net income)	-	-	-	-	100.52%	113.82%	115.07%
Dividend per Share ²	-	0.0675	0.0675	0.1120	0.1140	0.1374	0.1462
Announcement Date	5/5/21	2/28/22	2/28/23	2/27/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Ottobre	2024 S1
Net sales ¹	297
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS ²	0.0690
Dividend per Share	-
Announcement Date	7/2/24

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: Ottobre	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	34.3	43.6	58.4	80.5	62.5	46.5
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	2.278 x	1.479 x	1.42 x	1.8 x	1.309 x	0.9471 x
Free Cash Flow ¹	-	5.2	24.2	26.9	19.5	24.6	26.2
ROE (net income / shareholders' equity)	-	-	-	-	22.9%	21.4%	19.9%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	-	1.210	1.380	1.410	1.610
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	2.71	2.3	3.44	5.45	2.75	4.15
Capex / Sales	-	0.71%	0.46%	0.57%	0.81%	0.39%	0.57%
Announcement Date	5/5/21	2/28/22	2/28/23	2/27/24	-	-	-

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

Ratings for Kitwave Group plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.5 GBP

Average target price

4.55 GBP

Spread / Average Target

+30.00%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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