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Hayleys Fibre PLC (HEXP)

Colombo
Currency in LKR
Disclaimer
53.80
+1.80(+3.46%)
Delayed Data

HEXP Comments

About HEXP 🌴🥥🪹🌴This is an individual's calculation of forecasting 📈 and potential identification only. Your investment decision should be based on your own study and risk appetite. If not convinced or understood by below, feel free to move on.🌴🥥🪹🌴HEXP CMP 57Simple earnings forecast1. Pessimistic scenarioJune'22 EPS = Rs. 8.30Sep'22 EPS = Rs. 4Dec'22 EPS = Rs. 4Mar'23 EPS = Rs. 4Annual EPS for 2022-23 = Rs. 20PE at Current Market Price is 4HEXP @6PE = Rs. 1202. Prevailing scenarioJune'22 EPS = Rs. 8.30Sep'22 EPS = Rs. 8Dec'22 EPS = Rs. 8Mar'23 EPS = Rs. 8Annual EPS for 2022-23 = Rs. 32.3PE at Current Market Price is 2.5HEXP @6PE = Rs. 193.83. Modest growth scenarioJune'22 EPS = Rs. 8.30Sep'22 EPS = Rs. 10Dec'22 EPS = Rs. 12Mar'23 EPS = Rs. 14Annual EPS for 2022-23 = Rs. 44.3PE at Current Market Price is 1.8HEXP @6PE = Rs. 265.84. Optimistic growth scenarioJune'22 EPS = Rs. 8.30Sep'22 EPS = Rs. 12Dec'22 EPS = Rs. 16Mar'23 EPS = Rs. 16Annual EPS for 2022-23 = Rs. 52.3PE at Current Market Price is 1.5HEXP @6PE = Rs. 313.8🌴🥥🪹🌴Dividends 💰💰💰HEXP is a superbly growing company. Similar to other DP counters, it announces good dividends as well. They did 8.25 for the entire last financial year 2021/2022BUT in 2022/2023 1st quarter itself they have done 8.30Also, last year they gave four dividends (totally 2.55 for the year)1.000.750.500.30Dividend payout was 31%.But this time 1st dividend itself was announced as 2 rupees Can expect a good EPS for FY 2022/23Annual dividend forecasted based on the four scenarios at 31% dividend payout is as follows.1. Pessimistic scenarioRs. 6.2 DPS2. Prevailing scenarioRs. 10 DPS3. Modest growth scenarioRs. 13.7 DPS4. Optimistic growth scenarioRs. 16.2 DPSRefer below link to understand the future of coco fibre & demandhttps://www.alliedmarketresearch.com/coco-coir-market-A06856
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Historical share split 1:2
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