SOLVAR LIMITED (SVR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SVR - SOLVAR LIMITED

FNArena Sector : Business & Consumer Credit
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 5.59
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.065

21 Feb
2024

-0.110

OPEN

$1.17

-9.36%

HIGH

$1.17

2,184,157

LOW

$1.01

TARGET
$1.07 0.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BTN . CCP . CGR . COG . CRD . EML . EPY . FSA . HUM . JDO . LFS . MME . PGL . PLT . PPM . QAL . SIV . SMP . SQ2 . TYR . WZR . ZIP .
FNARENA'S MARKET CONSENSUS FORECASTS
SVR: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 22.6 11.9 xxx
DPS (cps) xxx 16.5 10.8 xxx
EPS Growth xxx - 7.6% - 47.2% xxx
DPS Growth xxx 26.9% - 34.5% xxx
PE Ratio xxx N/A 8.7 xxx
Dividend Yield xxx N/A 10.4% xxx
Div Pay Ratio(%) xxx 73.2% 90.8% xxx

Dividend yield today if purchased 3 years ago: 5.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

15.87

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 01/09 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx22.6
DPS All xxxxxxxxxxxxxxx16.5
Sales/Revenue xxxxxxxxxxxxxxx209.3 M
Book Value Per Share xxxxxxxxxxxxxxx181.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-124.2 M
Net Profit Margin xxxxxxxxxxxxxxx22.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx12.77 %
Return on Invested Capital xxxxxxxxxxxxxxx5.79 %
Return on Assets xxxxxxxxxxxxxxx5.18 %
Return on Equity xxxxxxxxxxxxxxx12.77 %
Return on Total Capital xxxxxxxxxxxxxxx12.12 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-151.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx111 M
Long Term Debt xxxxxxxxxxxxxxx508 M
Total Debt xxxxxxxxxxxxxxx619 M
Goodwill - Gross xxxxxxxxxxxxxxx27 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx146 M
Price To Book Value xxxxxxxxxxxxxxx0.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.16 %
Cost of Goods Sold xxxxxxxxxxxxxxx19 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx82 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

21/02/2024

3

Downgrade to Hold from Buy

$1.07

0.47%

According to Bell Potter, Solvar's first half results are reflective of the extent of weakness within its New Zealand operations. The company reported first half net profits of $13.2m, down -48.7% year-on-year, while revenue lifted 5.9% to $109.7m.

Bell Potter highlights the bad debt charge increased 36% to $19.8m, representing 4.2% of the total loan book, but notes much of this relates to weak conditions in New Zealand.

Despite the results being largely as expected by the broker, Bell Potter explains there is little to get more excited about the prospects of the company.

The rating is downgraded to Hold from Buy and the target price decreases to $1.07 from $1.09.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 10.80 cents and EPS of 11.90 cents.
Bell Potter forecasts a full year FY25 dividend of 13.00 cents and EPS of 14.40 cents.

SVR STOCK CHART