Institutional Sign In

Go

Luka Koper

Luka Koper's Cash & Cash Equivalents rose 112% yoy to EUR 12.6 mil in 2015

By Helgi Library - April 2, 2020

Luka Koper's total assets reached EUR 467 mil at the end of 2015, up 3.18% compared to the previous year. Current ...

Luka Koper's Cash & Cash Equivalents rose 112% yoy to EUR 12.6 mil in 2015

By Helgi Library - April 2, 2020

Luka Koper's total assets reached EUR 467 mil at the end of 2015, up 3.18% compared to the previous year. Current ...

Profit Statement 2013 2014 2015
Sales EUR mil 144 164 184
Gross Profit EUR mil 92.8 108 123
EBITDA EUR mil 40.4 60.8 69.9
EBIT EUR mil 12.2 33.4 42.4
Financing Cost EUR mil 6.10 2.04 5.93
Pre-Tax Profit EUR mil 6.64 32.0 37.8
Net Profit EUR mil 7.74 29.1 32.4
Dividends EUR mil 2.24 13.2 ...
Balance Sheet 2013 2014 2015
Total Assets EUR mil 444 453 467
Non-Current Assets EUR mil 405 414 421
Current Assets EUR mil 39.0 38.2 45.7
Working Capital EUR mil 10.5 472 820
Shareholders' Equity EUR mil 259 286 306
Liabilities EUR mil 184 166 161
Total Debt EUR mil 152 128 111
Net Debt EUR mil 149 122 98.4
Ratios 2013 2014 2015
ROE % 3.04 10.7 10.9
ROCE % 1.83 4.47 3.05
Gross Margin % 64.3 66.1 67.0
EBITDA Margin % 28.0 37.2 38.0
EBIT Margin % 8.46 20.4 23.0
Net Margin % 5.37 17.8 17.6
Net Debt/EBITDA 3.69 2.00 1.41
Net Debt/Equity 0.575 0.425 0.321
Cost of Financing % 3.65 1.46 4.97
Valuation 2013 2014 2015
Market Capitalisation USD mil 181 381 390
Enterprise Value (EV) USD mil 387 529 509
Number Of Shares mil 14.0 14.0 14.0
Share Price EUR 9.40 22.5 23.0
EV/EBITDA 7.22 6.75 5.64
EV/Sales 2.02 2.51 2.14
Price/Earnings (P/E) 17.0 10.8 9.94
Price/Book Value (P/BV) 0.508 1.10 1.05
Dividend Yield % 1.70 4.18 ...

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                                
Sales EUR mil                   114 125 144 142 144    
Gross Profit EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 92.8    
EBIT EUR mil                   8.00 14.2 22.7 19.2 12.2    
Net Profit EUR mil                   -66.3 -2.90 0.443 10.5 7.74    
ROE %                   -23.7 -1.18 0.183 4.28 3.04    
EBIT Margin %                   7.03 11.3 15.8 13.5 8.46    
Net Margin %                   -58.3 -2.32 0.309 7.40 5.37    
Employees ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
balance sheet                                
Total Assets EUR mil                   532 502 478 463 444    
Non-Current Assets EUR mil                   505 459 446 428 405    
Current Assets EUR mil                   26.7 43.2 32.4 35.1 39.0    
Shareholders' Equity EUR mil                   247 244 241 249 259    
Liabilities EUR mil                   284 258 237 214 184    
Non-Current Liabilities EUR mil                   61.9 174 171 150 153    
Current Liabilities EUR mil                   222 84.5 66.4 63.6 31.4    
Net Debt/EBITDA                   7.07 5.58 4.04 3.82 3.69    
Net Debt/Equity                   0.945 0.924 0.848 0.723 0.575    
Cost of Financing % ...                 3.78 8.60 3.71 3.07 3.65    
cash flow                                
Total Cash From Operations EUR mil ...                 31.9 9.34 42.8 41.9 49.4    
Total Cash From Investing EUR mil ...                 -73.8 -4.30 -21.6 -18.2 -9.00    
Total Cash From Financing EUR mil ...                 34.5 -7.82 -20.9 -23.1 -38.8    
Net Change In Cash EUR mil ...                 -7.36 -2.78 0.357 0.570 1.55    
valuation                                
Market Capitalisation USD mil                   482 330 129 147 181    
Number Of Shares mil                   14.0 14.0 14.0 14.0 14.0    
Share Price EUR                   24.0 17.8 7.10 7.95 9.40    
Earnings Per Share (EPS) EUR                   -4.74 -0.207 0.032 0.748 0.553    
Book Value Per Share EUR                   17.7 17.4 17.2 17.8 18.5    
Dividend Per Share EUR ... ... ... ... ... ... ... ... ... ... ... ... 0.168 0.160   ...
Price/Earnings (P/E)                   -5.07 -85.8 224 10.6 17.0    
Price/Book Value (P/BV)                   1.36 1.02 0.413 0.446 0.508    
Dividend Yield % ... ... ... ... ... ... ... ... ... ... ... ... 2.12 1.70   ...
Earnings Per Share Growth % ...                 -492 -95.6 -115 2,264 -26.1    
Book Value Per Share Growth % ...                 -20.5 -1.36 -1.34 3.54 3.96    
income statement Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                                
Sales EUR mil                   114 125 144 142 144    
Cost of Goods & Services EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 51.5    
Gross Profit EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 92.8    
Staff Cost EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 39.9    
Other Cost EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 12.5    
EBITDA EUR mil                   33.1 40.5 50.6 47.2 40.4    
Depreciation EUR mil                   25.1 26.3 27.8 28.0 28.2    
EBIT EUR mil                   8.00 14.2 22.7 19.2 12.2    
Financing Cost EUR mil                   8.23 19.8 8.00 5.95 6.10    
Extraordinary Cost EUR mil                   71.9 -2.31 12.8 0.108 -0.539    
Pre-Tax Profit EUR mil                   -72.2 -3.30 1.93 13.1 6.64    
Tax EUR mil                   -5.57 -0.398 1.49 2.63 -1.11    
Minorities EUR mil                   -0.299 0 0.004 0.020 9.04    
Net Profit EUR mil                   -66.3 -2.90 0.443 10.5 7.74    
Dividends EUR mil ... ... ... ... ... ... ... ... ... ... ... ... 2.35 2.24   ...
growth rates                                
Total Revenue Growth % ...                 -14.6 9.99 14.7 -1.34 1.79    
Operating Cost Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
EBITDA Growth % ...                 -21.3 22.3 25.0 -6.62 -14.5    
EBIT Growth % ...                 -65.1 77.5 60.3 -15.7 -36.4    
Pre-Tax Profit Growth % ...                 -541 -95.4 -159 579 -49.4    
Net Profit Growth % ...                 -492 -95.6 -115 2,264 -26.1    
ratios                                
ROE %                   -23.7 -1.18 0.183 4.28 3.04    
ROCE % ...                 -13.4 -0.608 0.097 2.38 1.83    
Gross Margin % ... ... ... ... ... ... ... ... ... ... ... ... ... 64.3    
EBITDA Margin %                   29.1 32.3 35.2 33.3 28.0    
EBIT Margin %                   7.03 11.3 15.8 13.5 8.46    
Net Margin %                   -58.3 -2.32 0.309 7.40 5.37    
Payout Ratio % ... ... ... ... ... ... ... ... ... ... ... ... 22.5 28.9   ...
Cost of Financing % ...                 3.78 8.60 3.71 3.07 3.65    
Net Debt/EBITDA                   7.07 5.58 4.04 3.82 3.69    
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
balance sheet                                
Non-Current Assets EUR mil                   505 459 446 428 405    
Property, Plant & Equipment EUR mil                   388 374 363 351 331    
Intangible Assets EUR mil                   7.02 7.30 5.09 5.88 5.59    
Current Assets EUR mil                   26.7 43.2 32.4 35.1 39.0    
Inventories EUR mil                   0.014 0.013 0 0 0    
Receivables EUR mil                   9.32 23.0 12.7 13.2 25.8    
Cash & Cash Equivalents EUR mil                   0.554 0.681 1.04 1.61 3.16    
Total Assets EUR mil                   532 502 478 463 444    
Shareholders' Equity EUR mil                   247 244 241 249 259    
Of Which Minority Interest EUR mil                   0.367 0 0.108 0.128 0.137    
Liabilities EUR mil                   284 258 237 214 184    
Non-Current Liabilities EUR mil                   61.9 174 171 150 153    
Long-Term Debt EUR mil                   45.0 158 156 135 137    
Deferred Tax Liabilities EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 0    
Current Liabilities EUR mil                   222 84.5 66.4 63.6 31.4    
Short-Term Debt EUR mil                   189 67.9 48.8 46.6 15.2    
Trade Payables EUR mil                   26.3 15.5 9.77 9.74 15.3    
Provisions EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 4.10    
Equity And Liabilities EUR mil                   532 502 478 463 444    
growth rates                                
Total Asset Growth % ...                 -4.48 -5.52 -4.79 -3.11 -4.28    
Shareholders' Equity Growth % ...                 -20.5 -1.36 -1.34 3.54 3.96    
Net Debt Growth % ...                 21.5 -3.54 -9.50 -11.7 -17.3    
Total Debt Growth % ...                 16.9 -3.48 -9.32 -11.4 -16.3    
ratios                                
Total Debt EUR mil                   234 226 205 182 152    
Net Debt EUR mil                   234 226 204 180 149    
Working Capital EUR mil                   -17.0 7.48 2.93 3.50 10.5    
Capital Employed EUR mil                   488 467 449 432 415    
Net Debt/Equity                   0.945 0.924 0.848 0.723 0.575    
Cost of Financing % ...                 3.78 8.60 3.71 3.07 3.65    
cash flow Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
cash flow                                
Net Profit EUR mil                   -66.3 -2.90 0.443 10.5 7.74    
Depreciation EUR mil                   25.1 26.3 27.8 28.0 28.2    
Non-Cash Items EUR mil ...                 67.0 10.4 9.97 4.00 20.5    
Change in Working Capital EUR mil ...                 6.13 -24.5 4.55 -0.566 -6.98    
Total Cash From Operations EUR mil ...                 31.9 9.34 42.8 41.9 49.4    
Capital Expenditures EUR mil ...                 -106 -19.3 -18.1 -18.6 -14.8    
Other Investments EUR mil ...                 32.3 15.0 -3.49 0.391 5.83    
Total Cash From Investing EUR mil ...                 -73.8 -4.30 -21.6 -18.2 -9.00    
Dividends Paid EUR mil ... ... ... ... ... ... ... ... ... ... ... ... -2.35 -2.24   ...
Issuance Of Debt EUR mil ...                 34.0 -8.16 -21.1 -23.3 -29.7    
Total Cash From Financing EUR mil ...                 34.5 -7.82 -20.9 -23.1 -38.8    
Net Change In Cash EUR mil ...                 -7.36 -2.78 0.357 0.570 1.55    
ratios                                
Days Sales Outstanding days                   29.9 67.0 32.3 34.1 65.3    
Days Sales Of Inventory days ... ... ... ... ... ... ... ... ... ... ... ... ... 0    
Days Payable Outstanding days ... ... ... ... ... ... ... ... ... ... ... ... ... 109    
Cash Conversion Cycle days ... ... ... ... ... ... ... ... ... ... ... ... ... -43.3    
Cash Earnings EUR mil                   -41.2 23.4 28.3 38.5 35.9    
Cash Earnings Per Share EUR                   -2.94 1.67 2.02 2.75 2.57    
Price/Cash Earnings (P/CE)                   -8.15 10.7 3.52 2.89 3.66    
Free Cash Flow EUR mil ...                 -41.9 5.05 21.2 23.7 40.4    
Free Cash Flow Yield % ...                 -12.1 2.02 22.9 20.7 29.6    
other data Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
other data                                
ROA %                   -12.2 -0.562 0.090 2.23 1.71    
Gross Margin % ... ... ... ... ... ... ... ... ... ... ... ... ... 64.3    
Employees ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Cost Per Employee USD per month ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Cost Per Employee (Local Currency) EUR per month ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ... ... ... ... ... 30.2    
Effective Tax Rate %                   7.72 12.1 76.8 20.0 -16.7    
Enterprise Value (EV) USD mil                   817 630 393 385 387    
EV/EBITDA                   17.8 11.8 5.60 6.35 7.22    
EV/Capital Employed                   1.17 1.02 0.676 0.675 0.676    
EV/Sales                   5.16 3.80 1.97 2.11 2.02    
EV/EBIT                   73.4 33.5 12.4 15.6 23.9    
Domestic Sales EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 48.3    
Capital Expenditures (As % of Sales) % ...                 93.3 15.4 12.6 13.2 10.3    
Revenues From Abroad EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... 96.0    
Revenues From Abroad (As % Of Total) % ... ... ... ... ... ... ... ... ... ... ... ... ... 66.5    
Maritime Throughput Mt ... ... ... ... ... ... ... ... ... ... ... ... ... 18.0    

Get all company financials in excel:

Download Sample   $19.99

May 2016
Statistical Dossier
Jun 2014
Company Report
Jun 2014
Statistical Dossier

Luka Koper is a Slovenia-based company managing port and logistics services in the only Slovenian port of Koper. It is situated in the northern part of the Adriatic Sea, connecting mainly markets of Central and Southeast Europe with the Mediterranean Sea. Differently from other European ports, which are managed by port authorities, the activities of Port of Koper comprise the management of the free zone area, the management of the port area and the role of terminal operator. The Company provides basic port services, such as sorting, palletising, sampling, protection, labelling, weighing, cleaning and other services and handles general cargo, containers, vehicles, dry bulk cargo, liquid bulk cargo, cereals and fodder, livestock, minerals, timber, fruit, alumina, minerals and energy. The Company also offers terminals for cars, containers and roll on-roll off services.

Finance

Luka Koper has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 11.6% a year during that time to total of EUR 69.9 mil in 2015, or 38.0% of sales. That’s compared to 34.3% average margin seen in last five years.

The company netted EUR 32.4 mil in 2015 implying ROE of 10.9% and ROCE of 3.05%. Again, the average figures were 5.82% and 2.36%, respectively when looking at the previous 5 years.

Luka Koper’s net debt amounted to EUR 98.4 mil at the end of 2015, or 0.321 of equity. When compared to EBITDA, net debt was 1.41x, down when compared to average of 2.99x seen in the last 5 years.

Valuation

Luka Koper stock traded at EUR 23.0 per share at the end of 2015 resulting in a market capitalization of USD 390 mil. Over the previous five years, stock price grew by 29.3% or 5.27% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 5.64x and price to earnings (PE) of 9.94x as of 2015.

More Companies in Slovenian Transport Sector