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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 30.4x - 33.6x | 32.0x |
Selected Fwd P/E Multiple | -6.7x - -7.4x | -7.0x |
Fair Value | $0.17 - $0.19 | $0.18 |
Upside | -53.4% - -48.5% | -50.9% |
Benchmarks | - | Full Ticker |
The AES Corporation | - | BOVESPA:A1ES34 |
Central Puerto S.A. | - | BASE:CEPU |
Duke Energy Corporation | - | BOVESPA:DUKB34 |
Acen Corporation | - | PSE:ACEN |
Montauk Renewables, Inc. | - | JSE:MKR |
Central Costanera S.A. | - | OTCPK:EDCF.F |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
A1ES34 | CEPU | DUKB34 | ACEN | MKR | EDCF.F | |||
BOVESPA:A1ES34 | BASE:CEPU | BOVESPA:DUKB34 | PSE:ACEN | JSE:MKR | OTCPK:EDCF.F | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 41.0% | 32.8% | 3.5% | 60.2% | 10.8% | 2.9% | ||
3Y CAGR | NM- | NM- | 3.7% | 12.3% | NM- | NM- | ||
Latest Twelve Months | 596.7% | -84.6% | 4.8% | 10.1% | -34.9% | 105.5% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -1.5% | 19.8% | 10.6% | 29.6% | 6.0% | -19.5% | ||
Prior Fiscal Year | 1.9% | 47.2% | 14.6% | 18.5% | 8.5% | -115.9% | ||
Latest Fiscal Year | 13.7% | 6.7% | 14.7% | 20.2% | 5.5% | 5.8% | ||
Latest Twelve Months | 13.7% | 6.7% | 14.7% | 20.2% | 5.5% | 5.8% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 12.3x | 6.7x | 12.4x | 28.9x | 6.8x | 8.5x | ||
Price / LTM Sales | 0.6x | 2.6x | 3.0x | 3.0x | 1.5x | 2.8x | ||
LTM P/E Ratio | 4.6x | 39.2x | 20.7x | 15.0x | 27.5x | 47.8x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | 4.6x | 20.7x | 39.2x | |||||
Historical LTM P/E Ratio | -25.5x | -10.7x | 47.8x | |||||
Selected P/E Multiple | 30.4x | 32.0x | 33.6x | |||||
(x) LTM Net Income | 6,428 | 6,428 | 6,428 | |||||
(=) Equity Value | 195,389 | 205,673 | 215,956 | |||||
(/) Shares Outstanding | 1,056.4 | 1,056.4 | 1,056.4 | |||||
Implied Value Range | 184.95 | 194.69 | 204.42 | |||||
FX Rate: ARS/USD | 1,075.8 | 1,075.8 | 1,075.8 | Market Price | ||||
Implied Value Range (Trading Cur) | 0.17 | 0.18 | 0.19 | 0.37 | ||||
Upside / (Downside) | -53.8% | -51.3% | -48.9% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | A1ES34 | CEPU | DUKB34 | ACEN | MKR | EDCF.F | |
Value of Common Equity | 7,307 | 1,885,786 | 90,686 | 111,493 | 278 | 422,665 | |
(/) Shares Outstanding | 711.9 | 1,502.6 | 777.0 | 39,677.4 | 141.8 | 1,056.4 | |
Implied Stock Price | 10.26 | 1,255.00 | 116.71 | 2.81 | 1.96 | 400.09 | |
FX Conversion Rate to Trading Currency | 0.17 | 1.00 | 0.17 | 1.00 | 0.05 | 1,075.80 | |
Implied Stock Price (Trading Cur) | 61.75 | 1,255.00 | 702.10 | 2.81 | 38.75 | 0.37 | |
Trading Currency | BRL | ARS | BRL | PHP | ZAR | USD | |
FX Rate to Reporting Currency | 0.17 | 1.00 | 0.17 | 1.00 | 0.05 | 1,075.80 |