Financials Arkema CINNOBER BOAT

Equities

0IB0

FR0010313833

Commodity Chemicals

Delayed CINNOBER BOAT 5-day change 1st Jan Change
- EUR -.--% Intraday chart for Arkema -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,190 7,140 9,159 6,250 7,669 6,067 - -
Enterprise Value (EV) 1 8,821 8,350 9,636 7,916 9,899 8,125 7,933 7,696
P/E ratio 14.8 x 23.6 x 7.27 x 6.58 x 19.2 x 10.3 x 9.05 x 8.07 x
Yield 2.85% 2.67% 2.42% 4.05% 3.4% 4.5% 4.9% 5.22%
Capitalization / Revenue 0.82 x 0.91 x 0.96 x 0.54 x 0.81 x 0.63 x 0.59 x 0.57 x
EV / Revenue 1.01 x 1.06 x 1.01 x 0.69 x 1.04 x 0.84 x 0.77 x 0.72 x
EV / EBITDA 6.05 x 7.06 x 5.58 x 3.75 x 6.59 x 5.09 x 4.55 x 4.14 x
EV / FCF 13.3 x 16.4 x 63.4 x 10 x 15.5 x 15.6 x 15.3 x 12.7 x
FCF Yield 7.54% 6.11% 1.58% 9.97% 6.45% 6.41% 6.54% 7.86%
Price to Book 1.37 x 1.38 x 1.45 x 0.87 x 1.08 x 0.8 x 0.77 x 0.73 x
Nbr of stocks (in thousands) 75,919 76,359 73,953 74,506 74,456 74,765 - -
Reference price 2 94.70 93.50 123.8 83.88 103.0 81.15 81.15 81.15
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 28/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,738 7,884 9,519 11,550 9,514 9,694 10,256 10,671
EBITDA 1 1,457 1,182 1,727 2,110 1,501 1,597 1,745 1,857
EBIT 1 926 619 1,184 1,560 939 988 1,120 1,221
Operating Margin 10.6% 7.85% 12.44% 13.51% 9.87% 10.19% 10.92% 11.44%
Earnings before Tax (EBT) 1 688 510 1,676 1,220 602 768 865.9 965.8
Net income 1 543 332 1,309 965 418 557.2 652.9 731.3
Net margin 6.21% 4.21% 13.75% 8.35% 4.39% 5.75% 6.37% 6.85%
EPS 2 6.410 3.960 17.04 12.75 5.360 7.868 8.966 10.05
Free Cash Flow 1 665 510 152 789 638 520.9 518.6 605.1
FCF margin 7.61% 6.47% 1.6% 6.83% 6.71% 5.37% 5.06% 5.67%
FCF Conversion (EBITDA) 45.64% 43.15% 8.8% 37.39% 42.5% 32.63% 29.72% 32.58%
FCF Conversion (Net income) 122.47% 153.61% 11.61% 81.76% 152.63% 93.49% 79.44% 82.75%
Dividend per Share 2 2.700 2.500 3.000 3.400 3.500 3.655 3.976 4.234
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 28/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1
Net sales 1 2,398 2,500 2,887 3,184 2,972 2,507 2,524 2,442 2,326 2,222 - 2,341 2,505 4,802 2,483 2,448 4,805 2,503
EBITDA 1 474 417 619 705 495 291 367 417 386 331 - 350 436.7 784 427.9 383.8 802 385.7
EBIT 1 343 273 488 570 356 146 234 285 246 174 420 202 290.4 486 276.5 225.8 494 244
Operating Margin 14.3% 10.92% 16.9% 17.9% 11.98% 5.82% 9.27% 11.67% 10.58% 7.83% - 8.63% 11.59% 10.12% 11.14% 9.22% 10.28% 9.75%
Earnings before Tax (EBT) - - - - - - 173 - - - - - 214 334 221 174 396 -
Net income 1 247 112 - 401 224 11 132 152 114 20 - 79 148 259 153.5 236.5 302 -
Net margin 10.3% 4.48% - 12.59% 7.54% 0.44% 5.23% 6.22% 4.9% 0.9% - 3.37% 5.91% 5.39% 6.18% 9.66% 6.29% -
EPS 2 3.160 1.570 4.260 5.400 2.860 0.1300 1.690 2.030 1.370 0.2700 - 0.9900 1.755 - 1.821 4.582 - -
Dividend per Share 2 - 3.000 - - - 3.400 - - - 3.500 - - - - - 3.800 - -
Announcement Date 10/11/21 24/02/22 05/05/22 29/07/22 10/11/22 23/02/23 05/05/23 28/07/23 09/11/23 28/02/24 28/02/24 07/05/24 - - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,631 1,210 477 1,666 2,230 2,058 1,866 1,628
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.119 x 1.024 x 0.2762 x 0.7896 x 1.486 x 1.289 x 1.069 x 0.8768 x
Free Cash Flow 1 665 510 152 789 638 521 519 605
ROE (net income / shareholders' equity) 10.6% 6.35% 22.8% 14.2% 9.01% 8.74% 9.74% 10.1%
ROA (Net income/ Total Assets) 5.15% 3.06% 11.4% 7.48% 4.66% 3.8% 4.42% 4.93%
Assets 1 10,544 10,844 11,506 12,906 8,971 14,654 14,756 14,840
Book Value Per Share 2 68.90 67.60 85.20 96.50 95.70 102.0 106.0 112.0
Cash Flow per Share 2 17.00 14.50 12.10 19.80 17.00 15.60 18.10 19.80
Capex 1 635 605 763 707 634 745 777 803
Capex / Sales 7.27% 7.67% 8.02% 6.12% 6.66% 7.68% 7.58% 7.52%
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 28/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
81.15 EUR
Average target price
112.8 EUR
Spread / Average Target
+38.96%
Consensus