Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 3 | 3 | 11 | 15 | 15 | 15 |
| Reserves | 11 | 12 | 17 | 22 | 14 | 36 | 34 | 31 |
| Borrowings | 8 | 5 | 13 | 22 | 19 | 8 | 11 | 13 |
| Other Liabilities | 4 | 4 | 6 | 8 | 27 | 22 | 20 | 23 |
| Total Liabilities | 25 | 22 | 38 | 54 | 71 | 81 | 80 | 82 |
| AssetsFixed Assets | 6 | 6 | 7 | 27 | 24 | 23 | 22 | 20 |
| CWIP | 0 | 0 | 4 | 0 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 19 | 16 | 27 | 27 | 46 | 57 | 58 | 61 |
| Total Assets | 25 | 22 | 38 | 54 | 71 | 81 | 80 | 82 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | 4 | -6 | 4 | 6 | -10 | 2 |
| Cash from Investing | — | 0 | -6 | -17 | -2 | -5 | 0 |
| Cash from Financing | — | -4 | 13 | 12 | -5 | 15 | -2 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | — | 4 | -13 | -14 | 5 | -12 | 1 |
| FCF Margin | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
SPPPOLY · CYCLICAL_UNMODELABLE
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