Financials United Distributors Pakistan Limited

Equities

UDPL

PK0039301012

Agricultural Chemicals

End-of-day quote Pakistan S.E. 06:00:00 2024-07-10 pm EDT 5-day change 1st Jan Change
36.52 PKR -3.89% Intraday chart for United Distributors Pakistan Limited -8.59% -3.72%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 1,294 918.3 1,173 1,772 1,129 1,043
Enterprise Value (EV) 1 1,291 1,016 1,280 1,890 1,304 1,221
P/E ratio 7.77 x 18.2 x -5.26 x -22.6 x -3.2 x -2.8 x
Yield 0.52% 0.84% - - - -
Capitalization / Revenue 2.87 x 1.7 x 1.82 x 2.74 x 1.71 x 1.33 x
EV / Revenue 2.86 x 1.88 x 1.99 x 2.92 x 1.98 x 1.55 x
EV / EBITDA 37.8 x 20.6 x 23.8 x 31 x 16.9 x -16.3 x
EV / FCF -215 x -15.3 x 133 x -77.2 x -32.5 x -2.97 x
FCF Yield -0.47% -6.53% 0.75% -1.3% -3.08% -33.6%
Price to Book 1.02 x 0.4 x 0.53 x 0.79 x 0.81 x 1.53 x
Nbr of stocks (in thousands) 35,271 35,271 35,271 35,271 35,271 35,271
Reference price 2 36.68 26.03 33.25 50.25 32.00 29.56
Announcement Date 10/4/18 10/8/19 10/5/20 11/5/21 10/7/22 10/9/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 451 540.6 644.3 646.6 659.4 785.5
EBITDA 1 34.12 49.23 53.75 60.93 77.16 -75.06
EBIT 1 23.27 39.02 51.4 57.47 72.82 -90.1
Operating Margin 5.16% 7.22% 7.98% 8.89% 11.04% -11.47%
Earnings before Tax (EBT) 1 224 72.86 -276.8 -89.5 -399.3 -259.7
Net income 1 166.4 50.37 -223 -78.48 -352.4 -372.5
Net margin 36.9% 9.32% -34.62% -12.14% -53.44% -47.43%
EPS 2 4.719 1.428 -6.324 -2.225 -9.991 -10.56
Free Cash Flow 1 -6.009 -66.33 9.615 -24.5 -40.17 -410.7
FCF margin -1.33% -12.27% 1.49% -3.79% -6.09% -52.29%
FCF Conversion (EBITDA) - - 17.89% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1890 0.2174 - - - -
Announcement Date 10/4/18 10/8/19 10/5/20 11/5/21 10/7/22 10/9/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - 98.1 107 118 176 178
Net Cash position 1 3.23 - - - - -
Leverage (Debt/EBITDA) - 1.994 x 1.995 x 1.933 x 2.279 x -2.376 x
Free Cash Flow 1 -6.01 -66.3 9.61 -24.5 -40.2 -411
ROE (net income / shareholders' equity) 13.7% 2.81% -9.81% -3.51% -19.4% -35.9%
ROA (Net income/ Total Assets) 0.96% 1.12% 1.18% 1.38% 2.08% -3.66%
Assets 1 17,260 4,495 -18,863 -5,693 -16,982 10,178
Book Value Per Share 2 35.90 65.90 63.10 63.70 39.40 19.40
Cash Flow per Share 2 0.3700 0.1800 0.1000 0.2600 0.2500 0.3300
Capex 1 4.65 19.4 1.8 2.77 5.02 17.5
Capex / Sales 1.03% 3.58% 0.28% 0.43% 0.76% 2.23%
Announcement Date 10/4/18 10/8/19 10/5/20 11/5/21 10/7/22 10/9/23
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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