Market Closed -
Xetra
16:35:26 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
230.9
EUR
|
+1.99%
|
|
+2.80%
|
+25.38%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
56,851
|
58,100
|
48,512
|
24,627
|
32,882
|
41,227
|
-
|
-
|
Enterprise Value (EV)
1 |
58,565
|
59,294
|
47,179
|
27,302
|
34,430
|
45,137
|
44,538
|
43,666
|
P/E ratio
|
29
x
|
135
x
|
23.2
x
|
38.2
x
|
-438
x
|
73.8
x
|
33.6
x
|
23
x
|
Yield
|
1.33%
|
1.01%
|
1.3%
|
0.55%
|
0.38%
|
0.5%
|
1.17%
|
1.76%
|
Capitalization / Revenue
|
2.4
x
|
2.93
x
|
2.28
x
|
1.09
x
|
1.53
x
|
1.82
x
|
1.67
x
|
1.52
x
|
EV / Revenue
|
2.48
x
|
2.99
x
|
2.22
x
|
1.21
x
|
1.61
x
|
1.99
x
|
1.8
x
|
1.62
x
|
EV / EBITDA
|
15.1
x
|
28
x
|
15
x
|
13.4
x
|
23.3
x
|
20.4
x
|
14.7
x
|
11.2
x
|
EV / FCF
|
26.4
x
|
53.6
x
|
18.7
x
|
-22.1
x
|
16.2
x
|
39.1
x
|
26.4
x
|
19.6
x
|
FCF Yield
|
3.79%
|
1.87%
|
5.35%
|
-4.53%
|
6.17%
|
2.56%
|
3.79%
|
5.11%
|
Price to Book
|
8.36
x
|
9
x
|
6.54
x
|
4.56
x
|
7.18
x
|
8.12
x
|
6.65
x
|
5.4
x
|
Nbr of stocks (in thousands)
|
196,175
|
195,033
|
191,595
|
193,215
|
178,549
|
178,549
|
-
|
-
|
Reference price
2 |
289.8
|
297.9
|
253.2
|
127.5
|
184.2
|
230.9
|
230.9
|
230.9
|
Announcement Date
|
11/03/20
|
10/03/21
|
09/03/22
|
08/03/23
|
31/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
23,640
|
19,844
|
21,234
|
22,511
|
21,427
|
22,632
|
24,759
|
27,036
|
EBITDA
1 |
3,874
|
2,121
|
3,135
|
2,044
|
1,480
|
2,214
|
3,025
|
3,914
|
EBIT
1 |
2,660
|
751
|
1,986
|
669
|
268
|
997.4
|
1,803
|
2,616
|
Operating Margin
|
11.25%
|
3.78%
|
9.35%
|
2.97%
|
1.25%
|
4.41%
|
7.28%
|
9.68%
|
Earnings before Tax (EBT)
1 |
2,558
|
575
|
1,852
|
388
|
65
|
806.1
|
1,697
|
2,434
|
Net income
1 |
1,976
|
432
|
2,116
|
612
|
-75
|
561.4
|
1,236
|
1,810
|
Net margin
|
8.36%
|
2.18%
|
9.97%
|
2.72%
|
-0.35%
|
2.48%
|
4.99%
|
6.69%
|
EPS
2 |
10.00
|
2.210
|
10.90
|
3.340
|
-0.4200
|
3.129
|
6.865
|
10.05
|
Free Cash Flow
1 |
2,221
|
1,107
|
2,525
|
-1,238
|
2,126
|
1,154
|
1,687
|
2,230
|
FCF margin
|
9.4%
|
5.58%
|
11.89%
|
-5.5%
|
9.92%
|
5.1%
|
6.81%
|
8.25%
|
FCF Conversion (EBITDA)
|
57.33%
|
52.19%
|
80.54%
|
-
|
143.65%
|
52.11%
|
55.77%
|
56.97%
|
FCF Conversion (Net income)
|
112.4%
|
256.25%
|
119.33%
|
-
|
-
|
205.49%
|
136.46%
|
123.21%
|
Dividend per Share
2 |
3.850
|
3.000
|
3.300
|
0.7000
|
0.7000
|
1.163
|
2.705
|
4.069
|
Announcement Date
|
11/03/20
|
10/03/21
|
09/03/22
|
08/03/23
|
31/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
12,248
|
8,332
|
11,512
|
10,345
|
5,752
|
5,137
|
10,889
|
5,302
|
5,596
|
6,408
|
5,205
|
5,274
|
5,343
|
10,617
|
5,999
|
4,811
|
10,810
|
5,458
|
5,460
|
6,347
|
5,344
|
6,052
|
EBITDA
1 |
-
|
-
|
-
|
-
|
930
|
455
|
-
|
804
|
609
|
942
|
-379
|
341
|
474
|
-
|
732
|
-67
|
-
|
523.3
|
547.5
|
917
|
78.4
|
598
|
EBIT
1 |
1,142
|
-268
|
-
|
1,248
|
672
|
67
|
738
|
437
|
392
|
564
|
-724
|
60
|
176
|
236
|
409
|
-377
|
32
|
336
|
245.1
|
604.7
|
-139.8
|
384.2
|
Operating Margin
|
9.32%
|
-3.22%
|
-
|
12.06%
|
11.68%
|
1.3%
|
6.78%
|
8.24%
|
7.01%
|
8.8%
|
-13.91%
|
1.14%
|
3.29%
|
2.22%
|
6.82%
|
-7.84%
|
0.3%
|
6.16%
|
4.49%
|
9.53%
|
-2.62%
|
6.35%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
629
|
-
|
-
|
411
|
-
|
411
|
-
|
32
|
123
|
-
|
326
|
-415
|
-
|
316.4
|
178
|
519
|
-55
|
-
|
Net income
1 |
813
|
-
|
-
|
955
|
960
|
201
|
1,161
|
482
|
294
|
347
|
-512
|
-39
|
84
|
45
|
259
|
-379
|
-120
|
243.2
|
125
|
385
|
-51
|
-
|
Net margin
|
6.64%
|
-
|
-
|
9.23%
|
16.69%
|
3.91%
|
10.66%
|
9.09%
|
5.25%
|
5.42%
|
-9.84%
|
-0.74%
|
1.57%
|
0.42%
|
4.32%
|
-7.88%
|
-1.11%
|
4.47%
|
2.29%
|
6.07%
|
-0.95%
|
-
|
EPS
2 |
-
|
-
|
-
|
-
|
4.940
|
1.070
|
-
|
2.550
|
-
|
-
|
-
|
-0.2200
|
0.4700
|
0.2500
|
1.450
|
-2.120
|
-
|
1.265
|
0.4500
|
2.170
|
-0.3967
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
3.300
|
-
|
-
|
-
|
-
|
0.7000
|
-
|
0.7000
|
-
|
-
|
0.7000
|
-
|
0.2068
|
0.4137
|
0.4137
|
0.4137
|
0.4846
|
Announcement Date
|
11/03/20
|
06/08/20
|
10/03/21
|
05/08/21
|
10/11/21
|
09/03/22
|
09/03/22
|
06/05/22
|
04/08/22
|
09/11/22
|
08/03/23
|
05/05/23
|
24/07/23
|
24/07/23
|
08/11/23
|
31/01/24
|
31/01/24
|
17/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,714
|
1,194
|
-
|
2,675
|
1,548
|
3,910
|
3,311
|
2,439
|
Net Cash position
1 |
-
|
-
|
1,333
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.4424
x
|
0.5629
x
|
-
|
1.309
x
|
1.046
x
|
1.766
x
|
1.095
x
|
0.623
x
|
Free Cash Flow
1 |
2,221
|
1,107
|
2,525
|
-1,238
|
2,126
|
1,154
|
1,687
|
2,230
|
ROE (net income / shareholders' equity)
|
30%
|
6.52%
|
30.3%
|
9.78%
|
-1.57%
|
12.5%
|
22.8%
|
28.2%
|
ROA (Net income/ Total Assets)
|
10.9%
|
2.07%
|
9.8%
|
2.88%
|
-0.39%
|
3.38%
|
6.8%
|
8.95%
|
Assets
1 |
18,146
|
20,870
|
21,595
|
21,217
|
19,157
|
16,608
|
18,179
|
20,218
|
Book Value Per Share
2 |
34.70
|
33.10
|
38.70
|
28.00
|
25.70
|
28.40
|
34.70
|
42.80
|
Cash Flow per Share
2 |
14.30
|
7.610
|
16.40
|
-2.960
|
14.70
|
10.40
|
13.10
|
17.10
|
Capex
1 |
598
|
379
|
667
|
695
|
504
|
631
|
672
|
702
|
Capex / Sales
|
2.53%
|
1.91%
|
3.14%
|
3.09%
|
2.35%
|
2.79%
|
2.71%
|
2.59%
|
Announcement Date
|
11/03/20
|
10/03/21
|
09/03/22
|
08/03/23
|
31/01/24
|
-
|
-
|
-
|
Last Close Price
230.9
EUR Average target price
214.5
EUR Spread / Average Target -7.10% Consensus |
1st Jan change
|
Capi.
|
---|
| +25.38% | 44.01B | | -13.31% | 142B | | +51.86% | 7.71B | | -8.00% | 4.87B | | +0.54% | 3.3B | | +14.74% | 1.64B | | +36.89% | 1.25B | | -19.02% | 872M | | -11.61% | 688M | | +6.60% | 398M |
Sports & Outdoor Footwear
|