By Helgi Analytics - August 27, 2020
BENU Ceska Republika made a net profit of CZK 223 mil with revenues of CZK 6,230 mil in 2019, up by 19.1% and up by 19....
By Helgi Analytics - August 27, 2020
BENU Ceska Republika employed 1,033 employees in 2019, up 12.2% compared to the previous year. Historically, between 20...
By Helgi Analytics - August 27, 2020
BENU Ceska Republika's net debt stood at CZK 15.9 mil and accounted for 2.28% of equity at the end of 2019. The ratio is ...
Profit Statement | 2017 | 2018 | 2019 | |
Sales | 4,195 | 5,207 | 6,230 | |
Gross Profit | CZK mil | 1,217 | 1,501 | 1,804 |
EBITDA | 264 | 327 | 386 | |
EBIT | 205 | 255 | 306 | |
Financing Cost | CZK mil | 1.89 | 2.09 | 3.55 |
Pre-Tax Profit | CZK mil | 193 | 238 | 286 |
Net Profit | CZK mil | 151 | 187 | 223 |
Dividends | CZK mil | 70.0 | 196 | ... |
Balance Sheet | 2017 | 2018 | 2019 | |
Total Assets | CZK mil | 1,362 | 1,587 | 2,153 |
Non-Current Assets | CZK mil | 377 | 378 | 523 |
Current Assets | CZK mil | 822 | 1,031 | 1,445 |
Working Capital | CZK mil | 201 | 245 | 427 |
Shareholders' Equity | CZK mil | 552 | 591 | 698 |
Liabilities | CZK mil | 810 | 996 | 1,455 |
Total Debt | CZK mil | 43.2 | 33.4 | 213 |
Net Debt | CZK mil | -69.9 | -26.6 | 15.9 |
Ratios | 2017 | 2018 | 2019 | |
ROE | % | 27.4 | 32.8 | 34.6 |
ROCE | % | 26.1 | 31.2 | 28.3 |
Gross Margin | % | 29.0 | 28.8 | 29.0 |
EBITDA Margin | % | 6.30 | 6.28 | 6.19 |
EBIT Margin | % | 4.89 | 4.90 | 4.91 |
Net Margin | % | 3.60 | 3.59 | 3.58 |
Net Debt/EBITDA | -0.265 | -0.081 | 0.041 | |
Net Debt/Equity | % | -12.7 | -4.51 | 2.28 |
Cost of Financing | % | 8.76 | 5.47 | 2.88 |
Cash Flow | 2017 | 2018 | 2019 | |
Total Cash From Operations | CZK mil | 180 | 261 | 398 |
Total Cash From Investing | CZK mil | -78.2 | -183 | -460 |
Total Cash From Financing | CZK mil | -96.2 | -79.8 | 63.9 |
Net Change In Cash | CZK mil | 5.45 | -2.24 | 2.35 |
Cash Conversion Cycle | days | 9.93 | 9.65 | 14.1 |
Cash Earnings | CZK mil | 210 | 259 | 303 |
Free Cash Flow | CZK mil | 102 | 77.6 | -61.5 |
Get all company financials in excel:
overview | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | ||||||||||||
Sales | 2,713 | 2,869 | 3,756 | 4,195 | 4,195 | |||||||
Gross Profit | CZK mil | 785 | 848 | 1,079 | 1,217 | 1,217 | ||||||
EBIT | 147 | 130 | 139 | 205 | 205 | |||||||
Net Profit | CZK mil | 117 | 94.1 | 117 | 151 | 151 | ||||||
ROE | % | ... | 31.0 | 20.7 | 23.5 | 28.2 | 27.4 | |||||
EBIT Margin | % | 5.41 | 4.52 | 3.71 | 4.89 | 4.89 | ||||||
Net Margin | % | 4.32 | 3.28 | 3.12 | 3.60 | 3.60 | ||||||
Employees | 595 | 633 | 744 | 856 | 856 | |||||||
balance sheet | ||||||||||||
Total Assets | CZK mil | 913 | 1,061 | 1,244 | 1,362 | 1,362 | ||||||
Non-Current Assets | CZK mil | 405 | 403 | 357 | 377 | 377 | ||||||
Current Assets | CZK mil | 473 | 560 | 717 | 822 | 822 | ||||||
Shareholders' Equity | CZK mil | 436 | 474 | 521 | 552 | 552 | ||||||
Liabilities | CZK mil | 476 | 586 | 723 | 810 | 810 | ||||||
Non-Current Liabilities | CZK mil | 16.7 | 16.6 | 4.94 | 0 | 0 | ||||||
Current Liabilities | CZK mil | 446 | 542 | 681 | 758 | 758 | ||||||
Net Debt/EBITDA | -1.06 | -0.991 | -0.360 | -0.428 | -0.265 | |||||||
Net Debt/Equity | % | -47.2 | -37.8 | -16.0 | -20.5 | -12.7 | ||||||
Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | 8.76 | |||
cash flow | ||||||||||||
Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 95.3 | 180 | 180 | ||
Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -15.3 | -78.2 | -78.2 | ||
Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -81.4 | -96.2 | -96.2 | ||
Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -1.41 | 5.45 | 5.45 |
income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | ||||||||||||
Sales | 2,713 | 2,869 | 3,756 | 4,195 | 4,195 | |||||||
Cost of Goods & Services | CZK mil | 1,929 | 2,021 | 2,677 | 2,978 | 2,978 | ||||||
Gross Profit | CZK mil | 785 | 848 | 1,079 | 1,217 | 1,217 | ||||||
Staff Cost | CZK mil | 327 | 354 | 463 | 516 | 516 | ||||||
EBITDA | 194 | 181 | 231 | 264 | 264 | |||||||
Depreciation | CZK mil | 47.1 | 51.4 | 91.5 | 58.9 | 58.9 | ||||||
EBIT | 147 | 130 | 139 | 205 | 205 | |||||||
Net Financing Cost | CZK mil | 1.50 | 6.71 | -11.6 | 12.6 | 12.6 | ||||||
Financing Cost | CZK mil | 0.776 | 1.27 | 2.87 | 1.89 | 1.89 | ||||||
Financing Income | CZK mil | 0.891 | 0.709 | 0.933 | 0.104 | 0.104 | ||||||
Pre-Tax Profit | CZK mil | 145 | 123 | 151 | 193 | 193 | ||||||
Tax | CZK mil | 28.1 | 29.0 | 33.8 | 41.6 | 41.6 | ||||||
Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
Net Profit | CZK mil | 117 | 94.1 | 117 | 151 | 151 | ||||||
Net Profit Avail. to Common | CZK mil | 117 | 94.1 | 117 | 151 | 151 | ||||||
Dividends | CZK mil | ... | ... | ... | ... | ... | 90.0 | 120 | 120 | 70.0 | ... | |
growth rates | ||||||||||||
Total Revenue Growth | % | ... | -2.75 | 5.73 | 30.9 | 11.7 | 0 | |||||
Staff Cost Growth | % | ... | -0.855 | 8.44 | 30.7 | 11.3 | 0 | |||||
EBITDA Growth | % | ... | 6.03 | -6.52 | 27.4 | 14.4 | 0 | |||||
EBIT Growth | % | ... | 6.07 | -11.6 | 7.34 | 47.3 | 0 | |||||
Pre-Tax Profit Growth | % | ... | 5.75 | -15.3 | 22.7 | 27.6 | 0 | |||||
Net Profit Growth | % | ... | 12.7 | -19.7 | 24.5 | 29.0 | 0 | |||||
ratios | ||||||||||||
ROE | % | ... | 31.0 | 20.7 | 23.5 | 28.2 | 27.4 | |||||
ROA | % | ... | 13.8 | 9.54 | 10.2 | 11.6 | 11.1 | |||||
ROCE | % | ... | 26.5 | 18.8 | 23.2 | 28.1 | 26.1 | |||||
Gross Margin | % | 28.9 | 29.5 | 28.7 | 29.0 | 29.0 | ||||||
EBITDA Margin | % | 7.14 | 6.31 | 6.14 | 6.30 | 6.30 | ||||||
EBIT Margin | % | 5.41 | 4.52 | 3.71 | 4.89 | 4.89 | ||||||
Net Margin | % | 4.32 | 3.28 | 3.12 | 3.60 | 3.60 | ||||||
Payout Ratio | % | ... | ... | ... | ... | ... | 95.7 | 102 | 79.5 | 46.4 | ... | |
Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | 8.76 | |||
Net Debt/EBITDA | -1.06 | -0.991 | -0.360 | -0.428 | -0.265 |
balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
balance sheet | ||||||||||||
Cash & Cash Equivalents | CZK mil | 13.0 | 17.5 | 20.1 | 25.6 | 25.6 | ||||||
Receivables | CZK mil | 241 | 284 | 375 | 413 | 413 | ||||||
Inventories | CZK mil | 205 | 244 | 321 | 383 | 383 | ||||||
Current Assets | CZK mil | 473 | 560 | 717 | 822 | 822 | ||||||
Property, Plant & Equipment | CZK mil | 209 | 239 | 278 | 274 | 274 | ||||||
LT Investments & Receivables | CZK mil | 193 | 162 | 63.0 | 87.5 | 87.5 | ||||||
Intangible Assets | CZK mil | 2.10 | 2.32 | 16.5 | 16.0 | 16.0 | ||||||
Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
Non-Current Assets | CZK mil | 405 | 403 | 357 | 377 | 377 | ||||||
Total Assets | CZK mil | 913 | 1,061 | 1,244 | 1,362 | 1,362 | ||||||
Trade Payables | CZK mil | 363 | 418 | 557 | 596 | 596 | ||||||
Short-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 43.2 | ||||||
Other ST Liabilities | CZK mil | 82.3 | 124 | 124 | 162 | 119 | ||||||
Current Liabilities | CZK mil | 446 | 542 | 681 | 758 | 758 | ||||||
Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
Other LT Liabilities | CZK mil | 16.7 | 16.6 | 4.94 | 0 | 0 | ||||||
Non-Current Liabilities | CZK mil | 16.7 | 16.6 | 4.94 | 0 | 0 | ||||||
Liabilities | CZK mil | 476 | 586 | 723 | 810 | 810 | ||||||
Equity Before Minority Interest | CZK mil | 436 | 474 | 521 | 552 | 552 | ||||||
Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
Equity | CZK mil | 436 | 474 | 521 | 552 | 552 | ||||||
growth rates | ||||||||||||
Total Asset Growth | % | ... | 17.0 | 16.2 | 17.3 | 9.49 | 0 | |||||
Shareholders' Equity Growth | % | ... | 36.3 | 8.77 | 9.75 | 5.95 | 0 | |||||
Net Debt Growth | % | ... | 482 | -12.8 | -53.7 | 36.1 | -38.2 | |||||
Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | |||
ratios | ||||||||||||
Total Debt | CZK mil | 0 | 0 | 0 | 0 | 43.2 | ||||||
Net Debt | CZK mil | -206 | -180 | -83.1 | -113 | -69.9 | ||||||
Working Capital | CZK mil | 82.8 | 110 | 140 | 201 | 201 | ||||||
Capital Employed | CZK mil | 487 | 512 | 497 | 578 | 578 | ||||||
Net Debt/Equity | % | -47.2 | -37.8 | -16.0 | -20.5 | -12.7 | ||||||
Current Ratio | 1.06 | 1.03 | 1.05 | 1.08 | 1.08 | |||||||
Quick Ratio | 0.570 | 0.556 | 0.581 | 0.579 | 0.579 |
cash flow | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
cash flow | ||||||||||||
Net Profit | CZK mil | 117 | 94.1 | 117 | 151 | 151 | ||||||
Depreciation | CZK mil | 47.1 | 51.4 | 91.5 | 58.9 | 58.9 | ||||||
Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | -82.7 | 30.7 | -30.1 | ||
Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | -30.6 | -60.8 | 0 | ||
Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 95.3 | 180 | 180 | ||
Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | -56.1 | -78.7 | -78.7 | ||
Other Investing Activities | CZK mil | ... | ... | ... | ... | ... | ... | 40.7 | 0.528 | 0.528 | ||
Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -15.3 | -78.2 | -78.2 | ||
Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | -90.0 | -120 | -120 | ||
Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | ||
Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | 8.58 | 23.8 | 23.8 | ||
Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -81.4 | -96.2 | -96.2 | ||
Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -1.41 | 5.45 | 5.45 | ||
ratios | ||||||||||||
Days Sales Outstanding | days | 32.4 | 36.1 | 36.5 | 35.9 | 35.9 | ||||||
Days Sales Of Inventory | days | 38.8 | 44.0 | 43.8 | 47.0 | 47.0 | ||||||
Days Payable Outstanding | days | 68.7 | 75.5 | 75.9 | 73.0 | 73.0 | ||||||
Cash Conversion Cycle | days | 2.48 | 4.64 | 4.40 | 9.93 | 9.93 | ||||||
Cash Earnings | CZK mil | 164 | 145 | 209 | 210 | 210 | ||||||
Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | 80.0 | 102 | 102 | ||
Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | 1.49 | 1.88 | 1.88 |
other ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Employees | 595 | 633 | 744 | 856 | 856 | |||||||
Cost Per Employee | USD per month | 2,340 | 2,184 | 2,174 | 1,989 | 2,137 | ||||||
Cost Per Employee (Local Currency) | CZK per month | 45,783 | 46,667 | 51,888 | 50,186 | 50,186 | ||||||
Staff Cost (As % of Sales) | % | 12.0 | 12.4 | 12.3 | 12.3 | 12.3 | ||||||
Effective Tax Rate | % | 19.4 | 23.5 | 22.4 | 21.6 | 21.6 | ||||||
Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 0.273 | 7.37 | 9.61 | 8.50 | ||
Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Analytics - August 27, 2020
BENU Ceska Republika made a net profit of CZK 223 mil in 2019, up 19.1% compared to the previous year. Historically, between 2009 and 2019, the company's net profit reached a high of CZK 223 mil in 2019 and a low of CZK 65.9 mil in 2009. The result implie...
By Helgi Analytics - August 27, 2020
BENU Ceska Republika invested a total of CZK 222 mil in 2019, up 21.1% compared to the previous year. Historically, between 2015 - 2019, the company's investments stood at a high of CZK 222 mil in 2019 and a low of CZK 56.1 mil in 2015. ...
By Helgi Analytics - August 26, 2020
BENU Ceska Republika made a net profit of CZK 223 mil with revenues of CZK 6,230 mil in 2019, up by 19.1% and up by 19.6%, respectively, compared to the previous year. This translates into a net margin of 3.58%. Historically, between 2009 and 2019, ...
BENU Ceska Republika is a Czech Republic-based chain of pharmacies. The Company operated 240 brick and mortar pharmacies in 2019 and online e-shop. Benu is a part of PHOENIX Group, which is involved in wholesale pharmaceutical business in 27 European countries.
BENU Ceska Republika has been growing its sales by 16.8% a year on average in the last 5 years. EBITDA has grown on average by 16.3% a year during that time to total of 386 in 2019, or 6.19% of sales. That’s compared to 6.24% average margin seen in last five years.
The company netted CZK 223 mil in 2019 implying ROE of 34.6% and ROCE of 28.3%. Again, the average figures were 29.3% and 27.4%, respectively when looking at the previous 5 years.
BENU Ceska Republika’s net debt amounted to CZK 15.9 mil at the end of 2019, or 2.28% of equity. When compared to EBITDA, net debt was 0.041x, up when compared to average of -0.219x seen in the last 5 years.