Financials Marlowe plc

Equities

Market Closed - London S.E. Other stock markets 11:35:13 2024-06-07 am EDT			5-day change	1st Jan Change
594 ^GBX	+1.02%		+6.45%	+38.14%

Jun. 03	Marlowe Executive Chairman Resigns, Interim Successor Named	MT
Jun. 03	Marlowe Completes GBP430 Million Asset Divestment	MT

Fiscal Period: Marzo	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	148.1	162	554.2	861.5	556.1	575.9	-	-
Enterprise Value (EV) ¹	168.2	194.3	510.9	972.2	716.9	575.9	480.9	451.9
P/E ratio	101 x	-441 x	-232 x	1,124 x	-149 x	-23.2 x	10.1 x	30.3 x
Yield	-	-	-	-	-	-	19.6%	-
Capitalization / Revenue	1.15 x	0.87 x	2.89 x	2.73 x	1.19 x	1.43 x	1.38 x	1.32 x
EV / Revenue	1.15 x	0.87 x	2.89 x	2.73 x	1.19 x	1.43 x	1.38 x	1.32 x
EV / EBITDA	13.5 x	7.33 x	19.3 x	15.8 x	6.72 x	11.8 x	11.1 x	10.2 x
EV / FCF	87.1 x	14.3 x	34.9 x	34.6 x	9.6 x	-134 x	26.1 x	17.9 x
FCF Yield	1.15%	6.98%	2.87%	2.89%	10.4%	-0.75%	3.83%	5.57%
Price to Book	1.78 x	1.64 x	1.52 x	1.68 x	1.25 x	1.27 x	1.38 x	1.34 x
Nbr of stocks (in thousands)	40,787	45,884	76,970	95,834	95,882	96,951	-	-
Reference price ²	3.630	3.530	7.200	8.990	5.800	5.940	5.940	5.940
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: Marzo	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	128.5	185.4	192	315.9	465.7	402.5	418.6	437.9
EBITDA ¹	11	22.1	28.7	54.4	82.7	48.8	51.98	56.2
EBIT ¹	9.5	14.8	19.7	42	64.3	33.18	36.2	40.52
Operating Margin	7.39%	7.98%	10.26%	13.3%	13.81%	8.25%	8.65%	9.25%
Earnings before Tax (EBT) ¹	2	0.5	-1.6	5.9	-6.9	-26.25	79.55	22.9
Net income ¹	1.5	-0.4	-1.7	0.7	-3.8	-23.7	57.58	16.06
Net margin	1.17%	-0.22%	-0.89%	0.22%	-0.82%	-5.89%	13.76%	3.67%
EPS ²	0.0360	-0.008000	-0.0310	0.008000	-0.0390	-0.2555	0.5852	0.1958
Free Cash Flow ¹	1.7	11.3	15.9	24.9	57.9	-4.3	22.05	32.1
FCF margin	1.32%	6.09%	8.28%	7.88%	12.43%	-1.07%	5.27%	7.33%
FCF Conversion (EBITDA)	15.45%	51.13%	55.4%	45.77%	70.01%	-	42.42%	57.12%
FCF Conversion (Net income)	113.33%	-	-	3,557.14%	-	-	38.29%	199.88%
Dividend per Share ²	-	-	-	-	-	-	1.162	-
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: Marzo	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	20.1	32.3	-	111	161	-	-	-
Net Cash position	-	-	43.3	-	-	-	95	124
Leverage (Debt/EBITDA)	1.827 x	1.462 x	-	2.035 x	1.944 x	-	-	-
Free Cash Flow ¹	1.7	11.3	15.9	24.9	57.9	-4.3	22.1	32.1
ROE (net income / shareholders' equity)	-	-	-	-	9.76%	2.3%	6.25%	7.85%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	2.040	2.150	4.740	5.350	4.620	4.690	4.290	4.450
Cash Flow per Share ²	-0.0800	0.0700	0.3700	0.1000	0.7800	0.2800	0.4100	0.4700
Capex ¹	1.8	2.9	4.5	9.1	16.4	12.9	5.34	5.78
Capex / Sales	1.4%	1.56%	2.34%	2.88%	3.52%	3.19%	1.28%	1.32%
Announcement Date	6/18/19	7/8/20	6/23/21	6/28/22	6/29/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.94 GBP

Average target price

6.949 GBP

Spread / Average Target

+16.98%