MiX Telematics Limited - ADR Financials

$14.55

$0.35 (2.46%)

As on 25-Mar-2024 19:00EDT

Market cap

$322 Mln

Revenue (TTM)

$150 Mln

P/E Ratio

48.5

P/B Ratio

3

Div. Yield

1.7 %

Annual
Quarterly

Income Statement ($ Mln)	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Operating Revenue	1,382.21	144.99	143.29	126.89	145.65	136.15
Cost of Revenue	526.94	54.13	51.86	43.87	53.02	45.19
Gross Profit	855.27	90.87	91.44	83.03	92.64	90.96
Operating Expenses	-130.09	79.30	76.99	64.83	71.59	67.67
Operating Profit (EBIT)	143.02	11.57	-0.50	1.64	1.08	23.35
Other Income	--	--	--	--	--	--
Profit before Tax	--	12.97	13.37	17.23	20.82	23.45
Provision for Tax	--	8.45	4.42	2.63	9.83	9.51
Profit after Tax (Net Income)	--	4.52	8.95	14.60	10.99	13.94
Minority Interest	--	--	--	0.01	0.01	0.01
Consolidated Profit	--	--	8.95	14.60	10.99	14.81

Liabilities ($ Mln)	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Shareholder's Funds	--	108.81	126.69	123.39	99.02	120.70
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	--	15.73	13.32	15.05	17.10	12.01
Current Liabilities	--	52.02	40.54	32.70	27.53	32.07
Total Liabilities	--	176.56	180.55	171.15	143.66	164.78

Assets ($ Mln)	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Non-Current Assets	--	106.83	105.92	93.92	90.26	104.66
Current Assets	--	69.74	74.63	77.23	53.40	60.12
Total Assets	--	176.56	180.55	171.15	143.66	164.78
Total Debt*	--	15.25	9.25	1.67	99.32	34.01
Net Current Assets	--	17.72	34.09	44.53	25.86	28.05

Cashflow ($ Mln)	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Cash From Operating Activities	300.30	21.95	19.40	38.57	28.18	31.96
Cash Flow from Investing Activities	-229.46	-28.79	-26.16	-8.65	-19.42	-19.47
Cash from Financing Activities	-66.86	4.96	-5.07	-5.21	-15.45	-9.56
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Adjusted EPS ($)	--	0.20	0.40	0.65	0.02	0.60
Cash EPS ($)	--	0.90	1.07	1.38	0.06	1.33
Adjusted Book Value ($)	--	4.89	5.65	5.46	0.18	5.17
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	13.55	0.99	0.87	1.71	0.05	1.37
Free Cash Flow per Share ($)	6.44	-0.14	-0.30	1.32	0.01	0.52

Profitability Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
ROCE (%)	--	3.48	6.86	9.03	6.22	9.81
ROE (%)	--	3.84	7.16	13.12	10.00	11.21
ROA (%)	--	2.53	5.09	9.27	7.12	8.37
EBIT Margin (%)	10.33	7.98	-0.35	1.29	0.74	5.20
Net Margin (%)	--	3.12	6.24	11.50	7.54	10.24
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Revenue Growth (%)	8.53	0.01	0.13	-0.13	0.07	-0.06
EBIT Growth (%)	1,135.17	2,403.78	-130.63	52.32	-84.82	945.25
Net Profit Growth (%)	--	-49.46	-38.70	32.84	-21.20	-8.81
EPS Growth (%)	--	-0.49	-0.38	31.14	-0.97	-0.10
Book Value Growth (%)	--	--	--	--	--	--

Valuation Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Price / Earnings	--	38.12	28.09	21.34	430.57	27.91
Price / Book Value	--	1.58	1.98	2.52	47.78	3.22
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	2.25	11.90	15.70	14.71	228.59	16.40
Close Price ($)	14.55	7.75	11.21	13.78	8.65	16.67
High Price ($)	14.85	11.88	16.79	15.00	18.06	21.00
Low Price ($)	4.75	6.75	10.49	7.80	6.64	13.01
Market Cap ($ Cr)	--	--	--	--	--	--

Solvency Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Debt to Equity	--	0.14	0.07	0.01	1.00	0.28
Short term debt to equity ratio	--	0.14	0.04	0.01	0.02	0.02
Current Ratio	--	1.34	1.84	2.36	1.94	1.87
Quick Ratio	--	1.25	1.76	2.27	1.82	1.76
Interest Coverage	--	40.30	-0.54	2.23	0.05	9.44

Operating Efficiency Ratios	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15	Mar-14
Debtors to sales (%)	--	16.69	17.51	15.18	16.55	20.27
Asset Turnover	7.83	0.81	0.81	0.81	0.94	0.82
Receivable days	6.39	62.08	56.53	62.41	64.83	72.89
Inventory Days	3.42	27.98	22.77	26.56	23.44	33.72
Payable days	4.24	47.82	51.46	49.17	113.01	230.91
Cash Conversion Cycle	5.57	42.24	27.84	39.80	-24.74	-124.30