Other stocks here
GDYR, less dull with positive cashflow again
GDYR Current 1,335 Target 1,957 + 47%
May 18, 2022
1 minute read
Sales jumped 14%
Last 5 quarters
19% -7% -1% 1% 14%
Costs up profit down
Last 5 quarters
-90% -91% -99% -96% -99%
Cashflow positive again
Last 5 quarters million dollars
10, 5, 3, -6, 2
Balance sheet net cash worsened
Last 5 quarters million dollars
-57 -54 -54 -60 -64
Capital paid worsened , a 47% higher target price
Last 5 quarters million dollars
6 11 15 14 13
May 18, 2022
1 minute read
Sales jumped 14%
Last 5 quarters
19% -7% -1% 1% 14%
- Sales jumped 14% in the first quarter to 42 million dollars 12% above our 38 million dollars forecast.
- This brings the average to 2% growth.
- We predict average growth of 3% in this next 12 months to bring sales to 47 million dollars in the first quarter 2023.
Costs up profit down
Last 5 quarters
-90% -91% -99% -96% -99%
- The cash cost ratio went from -96% to -99% profit from -0 to -1 million dollars in the first quarter.
- The average cost ratio is at -96% now.
- We use a lower -94% cost ratio to predict a 1 million dollars profit in the first quarter 2023.
Cashflow positive again
Last 5 quarters million dollars
10, 5, 3, -6, 2
- Free cashflow went positive again from -6 to 2 million dollars in the first quarter with -2 million dollars investment spending.
- Average quarterly Cashflow is at 1 million dollars now.
- We assume lower -1 million dollars investment spending which with higher sales gives 2 million dollars Cashflow in the first quarter 2023.
Balance sheet net cash worsened
Last 5 quarters million dollars
-57 -54 -54 -60 -64
- Cash increased 12 to 15 million dollars in the first quarter.
- Liabilities increased 72 to 79 million dollars so net cash worsened -60 to -64 million dollars .
- With our forecast cashflow & a 0 million dollars equity payout -7 million dollars liabilities payment net cash will be -57 million dollars in 12 months time.
Capital paid worsened , a 47% higher target price
Last 5 quarters million dollars
6 11 15 14 13
- GDYR 29 quarter capital paid worsened 14 to 13 million dollars in the first quarter with 1 million dollars new liabilities but will be 20 million dollars in12 months time.
- At the current market value of 39 million dollars based on our forecasts it’s at 0.32 X assets with a 15 years payback & a 0% yield.
- Our cashflow forecast is 7 million dollars which means a 5 X valuation. A 8 X valuation gives a 47% higher target price 1,957 rupiah.