Financials Letus Capital S.A.

Equities

LET

PLGDVIS00018

Investment Banking & Brokerage Services

End-of-day quote Warsaw S.E. 06:00:00 2023-05-31 pm EDT 5-day change 1st Jan Change
1.7 PLN -.--% Intraday chart for Letus Capital S.A. -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021
Capitalization 1 0.8179 33.07 27.99 145 84.91
Enterprise Value (EV) 1 0.5843 32.68 27.7 145.3 85
P/E ratio -4.92 x 53.3 x 18.9 x 120 x -66.2 x
Yield - - - - -
Capitalization / Revenue 0.1 x 5.72 x 6.38 x 51.6 x 36.5 x
EV / Revenue 0.07 x 5.65 x 6.31 x 51.7 x 36.6 x
EV / EBITDA -0.51 x -48.8 x 26.8 x 249 x 155 x
EV / FCF -3.34 x -15.2 x 24 x -42.2 x 372 x
FCF Yield -30% -6.59% 4.17% -2.37% 0.27%
Price to Book 0.04 x 1.63 x 1.29 x 6.31 x 5.78 x
Nbr of stocks (in thousands) 1,778 63,604 63,604 63,604 63,604
Reference price 2 0.4600 0.5200 0.4400 2.280 1.335
Announcement Date 5/31/18 5/31/19 7/17/20 6/8/21 6/30/22
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021
Net sales 1 8.04 5.783 4.39 2.812 2.323
EBITDA 1 -1.135 -0.6697 1.034 0.5831 0.5471
EBIT 1 -1.618 -1.14 0.7287 0.4443 0.4182
Operating Margin -20.13% -19.72% 16.6% 15.8% 18%
Earnings before Tax (EBT) 1 -0.1663 0.6207 1.482 1.21 -1.161
Net income 1 -0.1663 0.6207 1.482 1.21 -1.283
Net margin -2.07% 10.73% 33.76% 43.04% -55.23%
EPS 2 -0.0935 0.009758 0.0233 0.0190 -0.0202
Free Cash Flow 1 -0.175 -2.155 1.156 -3.44 0.2283
FCF margin -2.18% -37.27% 26.33% -122.34% 9.83%
FCF Conversion (EBITDA) - - 111.77% - 41.74%
FCF Conversion (Net income) - - 77.98% - -
Dividend per Share - - - - -
Announcement Date 5/31/18 5/31/19 7/17/20 6/8/21 6/30/22
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021
Net Debt 1 - - - 0.24 0.08
Net Cash position 1 0.23 0.39 0.28 - -
Leverage (Debt/EBITDA) - - - 0.4148 x 0.1533 x
Free Cash Flow 1 -0.18 -2.16 1.16 -3.44 0.23
ROE (net income / shareholders' equity) -1.26% 3.11% 7.04% 5.41% -7.58%
ROA (Net income/ Total Assets) -6.05% -2.9% 1.82% 1.07% 1.71%
Assets 1 2.748 -21.39 81.22 113.5 -75.12
Book Value Per Share 2 11.00 0.3200 0.3400 0.3600 0.2300
Cash Flow per Share 2 0.1100 0 0 0.0100 0.0100
Capex 1 0.44 0.1 - - -
Capex / Sales 5.51% 1.78% - - -
Announcement Date 5/31/18 5/31/19 7/17/20 6/8/21 6/30/22
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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