Financials Nictus Limited

Equities

NCS

NA0009123481

Home Furnishings Retailers

End-of-day quote Johannesburg S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
0.75 ZAR 0.00% Intraday chart for Nictus Limited -6.25% -20.21%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 45.73 48.1 37.41 44.36 42.22 34.74
Enterprise Value (EV) 1 -116.3 -198.3 -209.3 -224.4 -357.9 -507.3
P/E ratio 6.51 x 13.2 x 3.89 x 8.8 x 5.14 x 3.18 x
Yield 5.43% 3.33% 7.14% 3.61% 6.33% 9.23%
Capitalization / Revenue 0.9 x 0.9 x 0.65 x 0.99 x 0.91 x 0.7 x
EV / Revenue -2.29 x -3.72 x -3.61 x -5.03 x -7.7 x -10.2 x
EV / EBITDA 2.8 x 15.6 x 17.1 x 17.7 x 25.3 x 30.4 x
EV / FCF 3.14 x -3.05 x 9.03 x -39.2 x -3.55 x -5.72 x
FCF Yield 31.9% -32.7% 11.1% -2.55% -28.2% -17.5%
Price to Book 0.37 x 0.5 x 0.36 x 0.42 x 0.38 x 0.3 x
Nbr of stocks (in thousands) 66,270 53,444 53,444 53,444 53,444 53,444
Reference price 2 0.6900 0.9000 0.7000 0.8300 0.7900 0.6500
Announcement Date 6/28/19 9/11/20 6/30/21 6/30/22 6/30/23 6/27/24
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 50.75 53.31 57.92 44.63 46.48 49.88
EBITDA 1 -41.46 -12.68 -12.24 -12.69 -14.12 -16.68
EBIT 1 -42.01 -13.16 -13.04 -13.24 -14.77 -17.25
Operating Margin -82.78% -24.69% -22.52% -29.65% -31.77% -34.59%
Earnings before Tax (EBT) 1 6.543 3.223 11.46 5.461 10.56 14.48
Net income 1 6.543 3.64 9.622 5.042 8.221 10.94
Net margin 12.89% 6.83% 16.61% 11.3% 17.69% 21.93%
EPS 2 0.1060 0.0681 0.1800 0.0943 0.1538 0.2047
Free Cash Flow 1 -37.06 64.94 -23.18 5.72 100.8 88.65
FCF margin -73.03% 121.82% -40.02% 12.81% 216.95% 177.71%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - 1,784.07% - 113.44% 1,226.62% 810.37%
Dividend per Share 2 0.0375 0.0300 0.0500 0.0300 0.0500 0.0600
Announcement Date 6/28/19 9/11/20 6/30/21 6/30/22 6/30/23 6/27/24
1ZAR in Million2ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 162 246 247 269 400 542
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -37.1 64.9 -23.2 5.72 101 88.6
ROE (net income / shareholders' equity) 6.48% 3.81% 9.66% 4.81% 7.52% 9.64%
ROA (Net income/ Total Assets) -4.03% -1.17% -1.15% -1.2% -1.17% -1.95%
Assets 1 -162.4 -312.4 -838.4 -420.9 -703.9 -562
Book Value Per Share 2 1.850 1.790 1.940 1.980 2.110 2.200
Cash Flow per Share 2 1.210 1.050 1.430 1.360 1.390 1.100
Capex 1 0.63 0.2 0.54 1.78 0.1 0.84
Capex / Sales 1.24% 0.37% 0.94% 3.98% 0.21% 1.69%
Announcement Date 6/28/19 9/11/20 6/30/21 6/30/22 6/30/23 6/27/24
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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