Market Price ($) | 3.250 |
Market Cap ($m) | 348 |
Enterprise Value ($m) | 1,814 |
Акції | 107,038,208 |
Code | MHPC LI |
FV ($) | **** |
Upside (%) | **** |
Recommendation | **** |
Indicator | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Sales ($m) | 1,552 | 2,056 | *** | *** | *** |
EBITDA ($m) | 450 | 427 | *** | *** | *** |
Net Income ($m) | 129 | 215 | *** | *** | *** |
Net Debt ($m) | 1,131 | 1,342 | *** | *** | *** |
Indicator | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
П/E | 2.69 | 1.62 | *** | *** | *** |
П/Продажі | 0.22 | 0.17 | *** | *** | *** |
EV/EBITDA | 3.3 | 4.0 | *** | *** | *** |
П/Книга | 0.32 | 0.22 | *** | *** | *** |
Year | 2024 | 2026 | 2029 |
---|---|---|---|
Issue Volume ($m) | 500 | 550 | 350 |
Coupon Rate (% p.a.) | 7.75% | 6.95% | 6.25% |
Coupon Frequency | S/A | S/A | S/A |
Дата погашення | 5/10/2024 | 4/3/2026 | 9/19/2029 |
Ratings: Fitch/Moody`s/S&P | CC | CC | CC |
Market Price* ($) | 92.00 | 75.00 | 64.00 |
Market YTM* | 28.00% | 21.00% | 16.00% |
Spread over UST* | - | - | - |
Note: *Based on bid price. |
Year | 2020 | 2021 | 2022E |
---|---|---|---|
Net Sales ($m) | 1,911 | *** | *** |
EBITDA ($m) | 395 | *** | *** |
Net Income ($m) | (133) | *** | *** |
EBIT Coverage Ratio (x) | 1.54 | *** | *** |
Net Debt/Equity (%) | 133.5% | *** | *** |
Covenants | |
---|---|
Restriction on payment of dividend | - |
Financial reports | A - within 135 days; S/A - within 90 days |
Max. Consolidated Net Debt/EBITDA* | 3:1 |
Events of Default | |
Failure to pay | 30 days |
Cross default | $10m |
Expiry of license, illegality, insolvency etc. | - |
Judgements | $10m/60 days |