Market Closed -
Euronext Bruxelles
16:35:05 30/04/2024 BST
|
5-day change
|
1st Jan Change
|
47.06
EUR
|
-0.42%
|
|
+0.21%
|
+1.16%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,498
|
1,537
|
2,241
|
1,913
|
2,646
|
2,457
|
-
|
-
|
Enterprise Value (EV)
1 |
2,490
|
2,156
|
2,675
|
2,416
|
2,646
|
2,627
|
2,573
|
2,369
|
P/E ratio
|
36.3
x
|
11.4
x
|
5.48
x
|
7.65
x
|
9.86
x
|
8.99
x
|
8.28
x
|
7.4
x
|
Yield
|
2.64%
|
3.68%
|
3.83%
|
4.55%
|
-
|
3.97%
|
4.24%
|
4.75%
|
Capitalization / Revenue
|
0.35
x
|
0.41
x
|
0.46
x
|
0.34
x
|
0.61
x
|
0.57
x
|
0.55
x
|
0.52
x
|
EV / Revenue
|
0.58
x
|
0.57
x
|
0.55
x
|
0.43
x
|
0.61
x
|
0.61
x
|
0.57
x
|
0.5
x
|
EV / EBITDA
|
5.32
x
|
4.5
x
|
3.88
x
|
3.69
x
|
4.72
x
|
4.54
x
|
4.15
x
|
3.57
x
|
EV / FCF
|
5.79
x
|
5.39
x
|
10.1
x
|
13.9
x
|
-
|
11.9
x
|
12.5
x
|
8.65
x
|
FCF Yield
|
17.3%
|
18.6%
|
9.9%
|
7.17%
|
-
|
8.44%
|
8.01%
|
11.6%
|
Price to Book
|
1.04
x
|
1.21
x
|
1.13
x
|
1.02
x
|
-
|
1.1
x
|
1.01
x
|
0.93
x
|
Nbr of stocks (in thousands)
|
56,520
|
56,599
|
57,260
|
52,730
|
56,889
|
52,212
|
-
|
-
|
Reference price
2 |
26.50
|
27.16
|
39.14
|
36.28
|
46.52
|
47.06
|
47.06
|
47.06
|
Announcement Date
|
04/03/20
|
03/03/21
|
25/02/22
|
01/03/23
|
01/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,322
|
3,772
|
4,840
|
5,652
|
4,328
|
4,324
|
4,504
|
4,747
|
EBITDA
1 |
468
|
479
|
689
|
654
|
561.1
|
578.9
|
620.2
|
663.2
|
EBIT
1 |
242
|
272
|
514.6
|
458.6
|
388.3
|
391.5
|
424
|
468.2
|
Operating Margin
|
5.6%
|
7.21%
|
10.63%
|
8.11%
|
8.97%
|
9.05%
|
9.41%
|
9.86%
|
Earnings before Tax (EBT)
1 |
70.32
|
170
|
476.3
|
-
|
268.4
|
349.4
|
384.4
|
426
|
Net income
1 |
41.33
|
135
|
407
|
268.9
|
252.9
|
275.5
|
299
|
334.3
|
Net margin
|
0.96%
|
3.58%
|
8.41%
|
4.76%
|
5.84%
|
6.37%
|
6.64%
|
7.04%
|
EPS
2 |
0.7300
|
2.380
|
7.140
|
4.740
|
4.720
|
5.235
|
5.685
|
6.357
|
Free Cash Flow
1 |
429.8
|
400.4
|
264.8
|
173.2
|
-
|
221.7
|
206.2
|
274
|
FCF margin
|
9.94%
|
10.62%
|
5.47%
|
3.07%
|
-
|
5.13%
|
4.58%
|
5.77%
|
FCF Conversion (EBITDA)
|
91.84%
|
83.6%
|
38.43%
|
26.49%
|
-
|
38.29%
|
33.24%
|
41.31%
|
FCF Conversion (Net income)
|
1,040%
|
296.63%
|
65.05%
|
64.43%
|
-
|
80.47%
|
68.96%
|
81.95%
|
Dividend per Share
2 |
0.7000
|
1.000
|
1.500
|
1.650
|
-
|
1.870
|
1.995
|
2.233
|
Announcement Date
|
04/03/20
|
03/03/21
|
25/02/22
|
01/03/23
|
01/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
2,104
|
1,770
|
2,002
|
2,306
|
1,253
|
2,534
|
2,859
|
2,793
|
2,318
|
2,010
|
EBITDA
|
230
|
194
|
285
|
-
|
-
|
312
|
381
|
273
|
-
|
-
|
EBIT
|
116
|
92
|
181
|
285
|
-
|
229
|
283
|
176
|
-
|
-
|
Operating Margin
|
5.51%
|
5.2%
|
9.04%
|
12.36%
|
-
|
9.04%
|
9.9%
|
6.3%
|
-
|
-
|
Earnings before Tax (EBT)
|
-10.29
|
43.91
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-16.67
|
33.35
|
-
|
208.1
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-0.79%
|
1.88%
|
-
|
9.02%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
04/03/20
|
31/07/20
|
03/03/21
|
30/07/21
|
19/11/21
|
25/02/22
|
29/07/22
|
01/03/23
|
28/07/23
|
01/03/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
992
|
619
|
434
|
503
|
-
|
170
|
116
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
87.9
|
Leverage (Debt/EBITDA)
|
2.12
x
|
1.293
x
|
0.6299
x
|
0.7693
x
|
-
|
0.2939
x
|
0.187
x
|
-
|
Free Cash Flow
1 |
430
|
400
|
265
|
173
|
-
|
222
|
206
|
274
|
ROE (net income / shareholders' equity)
|
4.6%
|
10.1%
|
23.8%
|
13.2%
|
-
|
12.5%
|
12.5%
|
12.7%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
25.40
|
22.40
|
34.60
|
35.50
|
-
|
42.80
|
46.40
|
50.50
|
Cash Flow per Share
2 |
9.270
|
7.870
|
6.670
|
6.010
|
-
|
7.840
|
8.210
|
8.870
|
Capex
1 |
98.9
|
108
|
120
|
167
|
-
|
238
|
239
|
226
|
Capex / Sales
|
2.29%
|
2.86%
|
2.48%
|
2.96%
|
-
|
5.51%
|
5.31%
|
4.76%
|
Announcement Date
|
04/03/20
|
03/03/21
|
25/02/22
|
01/03/23
|
01/03/24
|
-
|
-
|
-
|
Last Close Price
47.06
EUR Average target price
53.88
EUR Spread / Average Target +14.48% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.16% | 2.63B | | +17.20% | 20.84B | | -7.96% | 11.88B | | +24.27% | 11.16B | | +10.90% | 10.86B | | +9.59% | 10.04B | | +0.57% | 8.26B | | +2.61% | 7.09B | | +23.57% | 6.97B | | -4.44% | 6.56B |
Iron, Steel Mills & Foundries
|