Market Closed -
Nyse
21:00:02 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
33.12
USD
|
-0.30%
|
|
+0.06%
|
+9.31%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,064
|
1,498
|
1,690
|
3,151
|
3,046
|
3,330
|
-
|
-
|
Enterprise Value (EV)
1 |
4,607
|
2,514
|
2,834
|
4,226
|
4,044
|
4,079
|
4,024
|
3,914
|
P/E ratio
|
10.7
x
|
-5.87
x
|
67.2
x
|
6.81
x
|
3.96
x
|
12.4
x
|
17
x
|
28.8
x
|
Yield
|
7.54%
|
2.68%
|
29.1%
|
16.9%
|
14.9%
|
7.55%
|
7.55%
|
7.55%
|
Capitalization / Revenue
|
0.64
x
|
0.38
x
|
0.23
x
|
0.29
x
|
0.33
x
|
0.4
x
|
0.41
x
|
0.43
x
|
EV / Revenue
|
0.72
x
|
0.64
x
|
0.39
x
|
0.39
x
|
0.44
x
|
0.49
x
|
0.5
x
|
0.5
x
|
EV / EBITDA
|
5.24
x
|
-359
x
|
7.94
x
|
3.09
x
|
3.47
x
|
5.68
x
|
5.23
x
|
5.18
x
|
EV / FCF
|
7.28
x
|
-73.9
x
|
16.5
x
|
5.45
x
|
5.44
x
|
10.3
x
|
11.7
x
|
13.9
x
|
FCF Yield
|
13.7%
|
-1.35%
|
6.07%
|
18.4%
|
18.4%
|
9.73%
|
8.54%
|
7.18%
|
Price to Book
|
2.92
x
|
1.47
x
|
3.05
x
|
5.88
x
|
3.56
x
|
3.54
x
|
3.52
x
|
3.69
x
|
Nbr of stocks (in thousands)
|
100,531
|
100,531
|
100,531
|
100,531
|
100,531
|
100,531
|
-
|
-
|
Reference price
2 |
40.43
|
14.90
|
16.81
|
31.34
|
30.30
|
33.12
|
33.12
|
33.12
|
Announcement Date
|
19/02/20
|
22/02/21
|
22/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,364
|
3,930
|
7,242
|
10,896
|
9,247
|
8,291
|
8,036
|
7,786
|
EBITDA
1 |
880
|
-7
|
357
|
1,369
|
1,164
|
718
|
768.8
|
755.5
|
EBIT
1 |
580
|
-333
|
87
|
963
|
1,123
|
533.6
|
486.2
|
453.6
|
Operating Margin
|
9.11%
|
-8.47%
|
1.2%
|
8.84%
|
12.14%
|
6.44%
|
6.05%
|
5.83%
|
Earnings before Tax (EBT)
1 |
491
|
-415
|
66
|
801
|
1,085
|
496
|
427
|
-
|
Net income
1 |
380
|
-256
|
25
|
463
|
769
|
268
|
197
|
115
|
Net margin
|
5.97%
|
-6.51%
|
0.35%
|
4.25%
|
8.32%
|
3.23%
|
2.45%
|
1.48%
|
EPS
2 |
3.780
|
-2.540
|
0.2500
|
4.600
|
7.650
|
2.675
|
1.950
|
1.150
|
Free Cash Flow
1 |
633
|
-34
|
172
|
776
|
743
|
396.7
|
343.5
|
281
|
FCF margin
|
9.95%
|
-0.87%
|
2.38%
|
7.12%
|
8.04%
|
4.78%
|
4.27%
|
3.61%
|
FCF Conversion (EBITDA)
|
71.93%
|
-
|
48.18%
|
56.68%
|
63.83%
|
55.25%
|
44.68%
|
37.19%
|
FCF Conversion (Net income)
|
166.58%
|
-
|
688%
|
167.6%
|
96.62%
|
148.01%
|
174.37%
|
244.35%
|
Dividend per Share
2 |
3.050
|
0.4000
|
4.890
|
5.300
|
4.500
|
2.500
|
2.500
|
2.500
|
Announcement Date
|
19/02/20
|
22/02/21
|
22/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,883
|
2,112
|
2,373
|
3,144
|
2,699
|
2,679
|
2,286
|
2,236
|
2,522
|
2,202
|
1,863
|
2,126
|
2,120
|
2,085
|
1,809
|
EBITDA
1 |
242
|
111
|
155
|
511
|
313
|
388
|
334
|
347
|
313
|
170
|
99
|
274.3
|
241.1
|
201
|
162.7
|
EBIT
1 |
175
|
40
|
220
|
512
|
238
|
236
|
330
|
224
|
232
|
124
|
123
|
186.7
|
174.2
|
124.8
|
88.43
|
Operating Margin
|
9.29%
|
1.89%
|
9.27%
|
16.28%
|
8.82%
|
8.81%
|
14.44%
|
10.02%
|
9.2%
|
5.63%
|
6.6%
|
8.78%
|
8.22%
|
5.98%
|
4.89%
|
Earnings before Tax (EBT)
1 |
153
|
18
|
187
|
305
|
87
|
222
|
315
|
212
|
438
|
119
|
107
|
210
|
147
|
75
|
67
|
Net income
1 |
84
|
-14
|
94
|
165
|
93
|
112
|
195
|
130
|
353
|
91
|
82
|
118
|
99
|
49
|
33
|
Net margin
|
4.46%
|
-0.66%
|
3.96%
|
5.25%
|
3.45%
|
4.18%
|
8.53%
|
5.81%
|
14%
|
4.13%
|
4.4%
|
5.55%
|
4.67%
|
2.35%
|
1.82%
|
EPS
2 |
0.8300
|
-0.1400
|
0.9300
|
1.640
|
0.9200
|
1.110
|
1.940
|
1.290
|
3.510
|
0.9100
|
0.8100
|
1.180
|
0.9800
|
0.4900
|
0.3300
|
Dividend per Share
2 |
-
|
-
|
0.4000
|
0.4000
|
-
|
4.100
|
0.5000
|
0.5000
|
2.000
|
2.000
|
0.5000
|
0.8125
|
0.7500
|
0.5000
|
0.5000
|
Announcement Date
|
01/11/21
|
22/02/22
|
02/05/22
|
01/08/22
|
31/10/22
|
21/02/23
|
01/05/23
|
31/07/23
|
30/10/23
|
20/02/24
|
29/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
543
|
1,016
|
1,144
|
1,075
|
998
|
749
|
695
|
585
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.617
x
|
-145.1
x
|
3.204
x
|
0.7852
x
|
0.8574
x
|
1.043
x
|
0.9034
x
|
0.7737
x
|
Free Cash Flow
1 |
633
|
-34
|
172
|
776
|
743
|
397
|
344
|
281
|
ROE (net income / shareholders' equity)
|
28.4%
|
-19.1%
|
-11.9%
|
112%
|
112%
|
32%
|
26.4%
|
30%
|
ROA (Net income/ Total Assets)
|
-
|
-5.84%
|
-2.37%
|
15.1%
|
17.4%
|
6%
|
6.83%
|
-
|
Assets
1 |
-
|
4,384
|
-1,054
|
3,061
|
4,413
|
4,467
|
2,885
|
-
|
Book Value Per Share
2 |
13.90
|
10.10
|
5.500
|
5.330
|
8.500
|
9.340
|
9.410
|
8.980
|
Cash Flow per Share
2 |
7.430
|
0.9000
|
3.940
|
9.620
|
9.430
|
6.350
|
4.620
|
4.730
|
Capex
1 |
114
|
124
|
224
|
191
|
205
|
215
|
207
|
180
|
Capex / Sales
|
1.79%
|
3.16%
|
3.09%
|
1.75%
|
2.22%
|
2.6%
|
2.57%
|
2.31%
|
Announcement Date
|
19/02/20
|
22/02/21
|
22/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
33.12
USD Average target price
32.2
USD Spread / Average Target -2.78% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.31% | 3.33B | | +4.00% | 19.62B | | +37.06% | 11.66B | | +3.13% | 11.41B | | +40.00% | 9.22B | | +2.09% | 7.53B | | +90.39% | 5.25B | | -2.65% | 3.36B | | +14.48% | 3.16B | | +13.12% | 2.7B |
Petroleum Refining
|