ASCOPIAVE S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.235 EUR | -.--% |
|
+2.76% | -0.67% |
| 05-09 | Ascopiave S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 05-09 | Transcript : Ascopiave S.p.A., Q1 2024 Earnings Call, May 09, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 858.2 | 806.9 | 752 | 519 | 487.6 | 484.3 | - | - |
| Enterprise Value (EV) 1 | 1,071 | 1,145 | 1,099 | 930.9 | 877 | 900.3 | 793.4 | 822.6 |
| P/E ratio | 1.73 x | 13.4 x | 16.6 x | 15.9 x | 13.5 x | 14.5 x | 16 x | 15.7 x |
| Yield | 5.59% | 4.4% | 4.76% | 5.43% | 6.22% | 6.71% | 7.16% | 7.61% |
| Capitalization / Revenue | 6.87 x | 4.92 x | 5.57 x | 3.17 x | 2.7 x | 2.63 x | 2.42 x | 2.39 x |
| EV / Revenue | 8.58 x | 6.99 x | 8.15 x | 5.69 x | 4.85 x | 4.89 x | 3.97 x | 4.06 x |
| EV / EBITDA | 23.9 x | 18 x | 16.6 x | 11.9 x | 9.28 x | 9.3 x | 7.31 x | 7.39 x |
| EV / FCF | 66.5 x | -503 x | 36.8 x | 80.1 x | - | 243 x | 16.4 x | 27.4 x |
| FCF Yield | 1.5% | -0.2% | 2.72% | 1.25% | - | 0.41% | 6.11% | 3.65% |
| Price to Book | 1.02 x | 0.92 x | 0.87 x | 0.6 x | - | 0.62 x | 0.61 x | 0.62 x |
| Nbr of stocks (in thousands) | 224,954 | 221,973 | 216,710 | 216,710 | 216,710 | 216,710 | - | - |
| Reference price 2 | 3.815 | 3.635 | 3.470 | 2.395 | 2.250 | 2.235 | 2.235 | 2.235 |
| Announcement Date | 13/03/20 | 11/03/21 | 10/03/22 | 07/03/23 | 07/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 124.9 | 163.9 | 134.9 | 163.7 | 180.8 | 184 | 200 | 202.7 |
| EBITDA 1 | 44.9 | 63.8 | 66.35 | 77.93 | 94.5 | 96.8 | 108.5 | 111.3 |
| EBIT 1 | 21.57 | 29.15 | 33.84 | 31.91 | 45.99 | 43.1 | 51.62 | 49.61 |
| Operating Margin | 17.27% | 17.79% | 25.08% | 19.5% | 25.44% | 23.42% | 25.81% | 24.47% |
| Earnings before Tax (EBT) 1 | 21.1 | 49.31 | 55.26 | 37.97 | 36.62 | 43.8 | 51.05 | 43.6 |
| Net income 1 | 493.2 | 58.7 | 45.33 | 32.66 | 36.18 | 33.3 | 37.8 | 31.3 |
| Net margin | 394.85% | 35.82% | 33.6% | 19.96% | 20.01% | 18.1% | 18.9% | 15.44% |
| EPS 2 | 2.202 | 0.2710 | 0.2090 | 0.1510 | 0.1670 | 0.1540 | 0.1400 | 0.1420 |
| Free Cash Flow 1 | 16.12 | -2.275 | 29.88 | 11.62 | - | 3.7 | 48.5 | 30 |
| FCF margin | 12.91% | -1.39% | 22.14% | 7.1% | - | 2.01% | 24.25% | 14.8% |
| FCF Conversion (EBITDA) | 35.9% | - | 45.03% | 14.91% | - | 3.82% | 44.7% | 26.96% |
| FCF Conversion (Net income) | 3.27% | - | 65.91% | 35.57% | - | 11.11% | 128.31% | 95.85% |
| Dividend per Share 2 | 0.2133 | 0.1600 | 0.1650 | 0.1300 | 0.1400 | 0.1500 | 0.1600 | 0.1700 |
| Announcement Date | 13/03/20 | 11/03/21 | 10/03/22 | 07/03/23 | 07/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | 66.08 | - | - | - | - | - | - | - | - |
| EBITDA 1 | 29.6 | 31.58 | 16.89 | 13.16 | 22.8 | 35.96 | 17.6 | 24.36 | - | 23.32 |
| EBIT 1 | 12.88 | 13.87 | 10.92 | 2.886 | 11.51 | 14.39 | 5.807 | 11.71 | - | 10.88 |
| Operating Margin | - | 20.99% | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 24.95 | 30.56 | 19.82 | 12.88 | 15.17 | 28.05 | 3.47 | - | - | 9.187 |
| Net income 1 | 21.18 | 26.86 | 15.63 | 12.18 | 11.09 | 23.28 | 2.207 | - | 5.821 | 6.546 |
| Net margin | - | 40.64% | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | 0.0270 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 03/08/20 | 05/08/21 | 10/03/22 | 12/05/22 | 04/08/22 | 04/08/22 | 03/11/22 | 07/03/23 | 11/05/23 | 09/05/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 213 | 338 | 348 | 412 | 389 | 416 | 309 | 338 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.743 x | 5.304 x | 5.238 x | 5.285 x | 4.121 x | 4.298 x | 2.848 x | 3.04 x |
| Free Cash Flow 1 | 16.1 | -2.28 | 29.9 | 11.6 | - | 3.7 | 48.5 | 30 |
| ROE (net income / shareholders' equity) | 2.2% | 6.8% | 5.26% | 3.77% | - | 3.9% | 4.4% | 3.65% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 3.730 | 3.940 | 4.010 | 4.000 | - | 3.600 | 3.650 | 3.600 |
| Cash Flow per Share | 0.1800 | 0.1400 | 0.3800 | - | - | - | - | - |
| Capex 1 | 34.4 | 44.4 | 52.9 | 86.9 | 78.2 | 83 | - | - |
| Capex / Sales | 27.57% | 27.11% | 39.18% | 53.1% | 43.23% | 45.11% | - | - |
| Announcement Date | 13/03/20 | 11/03/21 | 10/03/22 | 07/03/23 | 07/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
2.235
EUR
Average target price
3.05
EUR
Spread / Average Target
+36.47%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -0.67% | 525M | |
| +3.51% | 14.48B | |
| +28.09% | 10.31B | |
| +13.92% | 8.99B | |
| +8.15% | 7.74B | |
| +33.95% | 6.04B | |
| +22.48% | 5.56B | |
| +3.50% | 5.34B | |
| -32.79% | 5.2B | |
| -2.35% | 4.93B |
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- ASC Stock
- Financials Ascopiave S.p.A.
