Market Closed -
BOERSE MUENCHEN
20:43:56 02/07/2024 BST
|
5-day change
|
1st Jan Change
|
34.43
EUR
|
+2.41%
|
|
-2.32%
|
-26.16%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,577
|
9,543
|
10,982
|
10,031
|
7,951
|
5,944
|
-
|
-
|
Enterprise Value (EV)
1 |
6,154
|
10,969
|
12,376
|
13,289
|
12,252
|
10,031
|
9,564
|
9,516
|
P/E ratio
|
15
x
|
33.1
x
|
17.4
x
|
13.9
x
|
12.5
x
|
14.3
x
|
9.3
x
|
7.44
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.36%
|
Capitalization / Revenue
|
1.36
x
|
2.67
x
|
2.32
x
|
1.54
x
|
1.17
x
|
0.99
x
|
0.93
x
|
0.92
x
|
EV / Revenue
|
1.83
x
|
3.07
x
|
2.61
x
|
2.03
x
|
1.8
x
|
1.68
x
|
1.5
x
|
1.47
x
|
EV / EBITDA
|
14.1
x
|
13
x
|
10
x
|
8.62
x
|
7.6
x
|
7.66
x
|
5.89
x
|
5.64
x
|
EV / FCF
|
1,970
x
|
31.8
x
|
28.8
x
|
31.5
x
|
35.6
x
|
17.3
x
|
12.4
x
|
12.9
x
|
FCF Yield
|
0.05%
|
3.14%
|
3.48%
|
3.18%
|
2.81%
|
5.77%
|
8.08%
|
7.76%
|
Price to Book
|
1.78
x
|
3.3
x
|
3.33
x
|
2.85
x
|
1.73
x
|
1.24
x
|
1.11
x
|
1.21
x
|
Nbr of stocks (in thousands)
|
163,711
|
162,068
|
161,808
|
160,271
|
159,532
|
159,780
|
-
|
-
|
Reference price
2 |
27.96
|
58.88
|
67.87
|
62.59
|
49.84
|
37.20
|
37.20
|
37.20
|
Announcement Date
|
25/02/20
|
02/03/21
|
28/02/22
|
27/02/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,364
|
3,572
|
4,741
|
6,532
|
6,788
|
5,974
|
6,393
|
6,465
|
EBITDA
1 |
436.9
|
841.5
|
1,235
|
1,541
|
1,612
|
1,309
|
1,624
|
1,688
|
EBIT
1 |
111.4
|
491.4
|
886.6
|
1,075
|
974.3
|
684.8
|
996.3
|
931.4
|
Operating Margin
|
3.31%
|
13.76%
|
18.7%
|
16.46%
|
14.35%
|
11.46%
|
15.58%
|
14.41%
|
Earnings before Tax (EBT)
1 |
380.4
|
353.6
|
821.4
|
893.7
|
720
|
454.4
|
725.2
|
854.6
|
Net income
1 |
312.6
|
296.8
|
650.9
|
737.7
|
647.7
|
424.2
|
654.7
|
784.3
|
Net margin
|
9.29%
|
8.31%
|
13.73%
|
11.29%
|
9.54%
|
7.1%
|
10.24%
|
12.13%
|
EPS
2 |
1.860
|
1.780
|
3.900
|
4.490
|
3.990
|
2.597
|
4.000
|
5.003
|
Free Cash Flow
1 |
3.123
|
344.5
|
430.3
|
422.4
|
343.8
|
579
|
773.1
|
738
|
FCF margin
|
0.09%
|
9.65%
|
9.08%
|
6.47%
|
5.06%
|
9.69%
|
12.09%
|
11.42%
|
FCF Conversion (EBITDA)
|
0.71%
|
40.94%
|
34.85%
|
27.41%
|
21.33%
|
44.24%
|
47.6%
|
43.72%
|
FCF Conversion (Net income)
|
1%
|
116.08%
|
66.11%
|
57.26%
|
53.08%
|
136.48%
|
118.08%
|
94.1%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1333
|
Announcement Date
|
25/02/20
|
02/03/21
|
28/02/22
|
27/02/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
1,310
|
1,366
|
1,650
|
1,748
|
1,768
|
1,791
|
1,758
|
1,625
|
1,614
|
1,420
|
1,481
|
1,497
|
1,567
|
1,577
|
1,635
|
EBITDA
1 |
306.8
|
330.7
|
402.6
|
394.7
|
413
|
418.4
|
508.3
|
334.3
|
350.9
|
280.1
|
299.7
|
329.1
|
364
|
393.4
|
398
|
EBIT
1 |
212.4
|
236.7
|
292.5
|
268.3
|
273.1
|
267.4
|
351.8
|
176.2
|
178.9
|
116
|
143.2
|
184.5
|
206.4
|
233.9
|
263.7
|
Operating Margin
|
16.22%
|
17.32%
|
17.73%
|
15.35%
|
15.44%
|
14.93%
|
20.01%
|
10.84%
|
11.08%
|
8.17%
|
9.67%
|
12.33%
|
13.17%
|
14.83%
|
16.13%
|
Earnings before Tax (EBT)
1 |
195.4
|
216.8
|
252.2
|
227.5
|
197.2
|
216.8
|
295.9
|
112.7
|
94.5
|
85.5
|
64.4
|
104.9
|
145.1
|
187.5
|
208.4
|
Net income
1 |
155.8
|
188.1
|
202
|
191.1
|
156.6
|
185.8
|
252.4
|
125
|
84.52
|
81.16
|
67.2
|
101.2
|
132.9
|
171.1
|
177.3
|
Net margin
|
11.89%
|
13.76%
|
12.24%
|
10.93%
|
8.85%
|
10.37%
|
14.36%
|
7.69%
|
5.24%
|
5.71%
|
4.54%
|
6.76%
|
8.48%
|
10.85%
|
10.85%
|
EPS
2 |
0.9400
|
1.140
|
1.230
|
1.170
|
0.9600
|
1.140
|
1.550
|
0.7700
|
0.5200
|
0.5000
|
0.4554
|
0.6720
|
0.8880
|
1.107
|
1.130
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
28/02/22
|
10/05/22
|
09/08/22
|
08/11/22
|
27/02/23
|
09/05/23
|
08/08/23
|
07/11/23
|
27/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,576
|
1,426
|
1,394
|
3,258
|
4,301
|
4,087
|
3,620
|
3,572
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.609
x
|
1.695
x
|
1.129
x
|
2.114
x
|
2.668
x
|
3.122
x
|
2.229
x
|
2.116
x
|
Free Cash Flow
1 |
3.12
|
345
|
430
|
422
|
344
|
579
|
773
|
738
|
ROE (net income / shareholders' equity)
|
12.9%
|
10.9%
|
21.1%
|
20.8%
|
15.4%
|
9.5%
|
13%
|
13.7%
|
ROA (Net income/ Total Assets)
|
6.11%
|
5.42%
|
11.1%
|
9.62%
|
6.39%
|
4.8%
|
6.78%
|
-
|
Assets
1 |
5,117
|
5,479
|
5,874
|
7,668
|
10,132
|
8,840
|
9,656
|
-
|
Book Value Per Share
2 |
15.70
|
17.80
|
20.40
|
21.90
|
28.90
|
29.90
|
33.40
|
30.80
|
Cash Flow per Share
2 |
-
|
3.740
|
4.220
|
4.960
|
5.540
|
5.440
|
7.080
|
7.850
|
Capex
1 |
359
|
280
|
274
|
391
|
555
|
457
|
457
|
407
|
Capex / Sales
|
10.69%
|
7.84%
|
5.78%
|
5.99%
|
8.18%
|
7.65%
|
7.15%
|
6.29%
|
Announcement Date
|
25/02/20
|
02/03/21
|
28/02/22
|
27/02/23
|
27/02/24
|
-
|
-
|
-
|
Last Close Price
37.2
USD Average target price
57.62
USD Spread / Average Target +54.88% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.12% | 266B | | -8.84% | 87.51B | | -1.50% | 39.82B | | -13.47% | 38.69B | | -0.96% | 36.9B | | -3.02% | 35.33B | | -13.97% | 29.98B | | -4.30% | 29.66B | | +4.18% | 23.43B |
Other Food Processing
|