Market Closed -
BOERSE MUENCHEN
20:43:06 19/06/2024 BST
|
5-day change
|
1st Jan Change
|
128.4
EUR
|
-1.06%
|
|
-0.64%
|
-5.16%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,493
|
27,507
|
30,078
|
23,403
|
36,357
|
45,906
|
-
|
-
|
Enterprise Value (EV)
1 |
21,379
|
28,772
|
32,280
|
26,929
|
37,578
|
47,268
|
46,927
|
46,998
|
P/E ratio
|
12.3
x
|
11.8
x
|
7.36
x
|
4.08
x
|
7.78
x
|
9.81
x
|
8.97
x
|
8.01
x
|
Yield
|
1.14%
|
0.93%
|
0.95%
|
1.37%
|
0.95%
|
0.86%
|
0.92%
|
1.04%
|
Capitalization / Revenue
|
1.11
x
|
1.35
x
|
1.08
x
|
0.7
x
|
1.03
x
|
1.24
x
|
1.17
x
|
1.08
x
|
EV / Revenue
|
1.22
x
|
1.42
x
|
1.16
x
|
0.8
x
|
1.06
x
|
1.28
x
|
1.19
x
|
1.11
x
|
EV / EBITDA
|
9.73
x
|
9.39
x
|
6.19
x
|
3.71
x
|
6.85
x
|
7.38
x
|
6.86
x
|
6.44
x
|
EV / FCF
|
23.5
x
|
25.4
x
|
121
x
|
65.1
x
|
9.04
x
|
16.1
x
|
14.6
x
|
12.3
x
|
FCF Yield
|
4.25%
|
3.94%
|
0.83%
|
1.54%
|
11.1%
|
6.23%
|
6.87%
|
8.1%
|
Price to Book
|
1.94
x
|
2.32
x
|
2.01
x
|
1.19
x
|
1.59
x
|
1.78
x
|
1.55
x
|
1.37
x
|
Nbr of stocks (in thousands)
|
369,820
|
363,703
|
358,194
|
347,481
|
338,297
|
329,312
|
-
|
-
|
Reference price
2 |
52.71
|
75.63
|
83.97
|
67.35
|
107.5
|
139.4
|
139.4
|
139.4
|
Announcement Date
|
12/11/19
|
10/11/20
|
09/11/21
|
09/11/22
|
07/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,593
|
20,311
|
27,774
|
33,480
|
35,460
|
36,926
|
39,399
|
42,359
|
EBITDA
1 |
2,197
|
3,063
|
5,212
|
7,253
|
5,486
|
6,402
|
6,845
|
7,303
|
EBIT
1 |
1,911
|
2,653
|
4,802
|
6,924
|
5,188
|
5,490
|
5,795
|
-
|
Operating Margin
|
10.86%
|
13.06%
|
17.29%
|
20.68%
|
14.63%
|
14.87%
|
14.71%
|
-
|
Earnings before Tax (EBT)
1 |
2,125
|
2,983
|
5,356
|
7,630
|
6,315
|
6,223
|
6,678
|
7,220
|
Net income
1 |
1,618
|
2,374
|
4,176
|
5,858
|
4,746
|
4,720
|
5,004
|
5,438
|
Net margin
|
9.2%
|
11.69%
|
15.03%
|
17.5%
|
13.38%
|
12.78%
|
12.7%
|
12.84%
|
EPS
2 |
4.290
|
6.410
|
11.41
|
16.51
|
13.82
|
14.22
|
15.54
|
17.41
|
Free Cash Flow
1 |
908.7
|
1,135
|
267
|
413.6
|
4,156
|
2,943
|
3,224
|
3,808
|
FCF margin
|
5.17%
|
5.59%
|
0.96%
|
1.24%
|
11.72%
|
7.97%
|
8.18%
|
8.99%
|
FCF Conversion (EBITDA)
|
41.36%
|
37.04%
|
5.12%
|
5.7%
|
75.75%
|
45.97%
|
47.1%
|
52.15%
|
FCF Conversion (Net income)
|
56.14%
|
47.81%
|
6.39%
|
7.06%
|
87.56%
|
62.35%
|
64.43%
|
70.04%
|
Dividend per Share
2 |
0.6000
|
0.7000
|
0.8000
|
0.9250
|
1.025
|
1.200
|
1.289
|
1.457
|
Announcement Date
|
12/11/19
|
10/11/20
|
09/11/21
|
09/11/22
|
07/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
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
|
2025 Q3
|
---|
Net sales
1 |
7,053
|
7,999
|
8,788
|
9,639
|
7,258
|
7,973
|
9,726
|
10,504
|
7,726
|
9,107
|
9,640
|
10,499
|
7,874
|
9,382
|
10,818
|
EBITDA
1 |
1,405
|
1,755
|
2,089
|
2,004
|
1,104
|
1,150
|
1,536
|
1,697
|
1,128
|
1,412
|
1,722
|
1,899
|
1,308
|
1,563
|
1,932
|
EBIT
1 |
1,327
|
1,651
|
1,951
|
1,996
|
1,081
|
1,053
|
1,438
|
1,615
|
1,067
|
1,337
|
1,479
|
1,575
|
1,065
|
1,155
|
1,790
|
Operating Margin
|
18.81%
|
20.64%
|
22.2%
|
20.7%
|
14.9%
|
13.21%
|
14.79%
|
15.38%
|
13.81%
|
14.68%
|
15.35%
|
15%
|
13.52%
|
12.31%
|
16.54%
|
Earnings before Tax (EBT)
1 |
1,497
|
1,883
|
2,183
|
2,066
|
1,267
|
1,245
|
1,784
|
2,018
|
1,248
|
1,528
|
1,668
|
1,814
|
1,270
|
1,556
|
1,902
|
Net income
1 |
1,142
|
1,436
|
1,648
|
1,632
|
958.7
|
942.2
|
1,335
|
1,510
|
947.4
|
1,172
|
1,258
|
1,355
|
946.5
|
1,161
|
1,433
|
Net margin
|
16.19%
|
17.96%
|
18.75%
|
16.93%
|
13.21%
|
11.82%
|
13.73%
|
14.37%
|
12.26%
|
12.87%
|
13.05%
|
12.9%
|
12.02%
|
12.38%
|
13.25%
|
EPS
2 |
3.170
|
4.030
|
4.670
|
4.670
|
2.760
|
2.730
|
3.900
|
4.450
|
2.820
|
3.520
|
3.794
|
4.118
|
2.875
|
3.525
|
4.429
|
Dividend per Share
2 |
0.2250
|
0.2250
|
0.2250
|
0.2500
|
0.2250
|
0.2500
|
0.2500
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3000
|
0.3125
|
0.3125
|
0.3125
|
Announcement Date
|
02/02/22
|
26/04/22
|
21/07/22
|
09/11/22
|
24/01/23
|
20/04/23
|
20/07/23
|
07/11/23
|
23/01/24
|
18/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,885
|
1,265
|
2,202
|
3,526
|
1,221
|
1,362
|
1,021
|
1,091
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.8581
x
|
0.4129
x
|
0.4225
x
|
0.4862
x
|
0.2226
x
|
0.2128
x
|
0.1491
x
|
0.1495
x
|
Free Cash Flow
1 |
909
|
1,135
|
267
|
414
|
4,156
|
2,943
|
3,224
|
3,808
|
ROE (net income / shareholders' equity)
|
17%
|
21.7%
|
31.2%
|
34.2%
|
22.5%
|
19.6%
|
18.5%
|
18%
|
ROA (Net income/ Total Assets)
|
10.9%
|
13.8%
|
19.5%
|
21.5%
|
15.1%
|
13.5%
|
13.3%
|
13.6%
|
Assets
1 |
14,861
|
17,260
|
21,448
|
27,183
|
31,467
|
35,020
|
37,702
|
40,130
|
Book Value Per Share
2 |
27.20
|
32.50
|
41.80
|
56.40
|
67.80
|
78.30
|
90.20
|
102.0
|
Cash Flow per Share
2 |
2.360
|
3.840
|
1.460
|
1.580
|
12.50
|
6.990
|
5.950
|
-
|
Capex
1 |
224
|
287
|
267
|
148
|
149
|
148
|
155
|
171
|
Capex / Sales
|
1.27%
|
1.41%
|
0.96%
|
0.44%
|
0.42%
|
0.4%
|
0.39%
|
0.4%
|
Announcement Date
|
12/11/19
|
10/11/20
|
09/11/21
|
09/11/22
|
07/11/23
|
-
|
-
|
-
|
Last Close Price
139.4
USD Average target price
169.8
USD Spread / Average Target +21.81% Consensus |
1st Jan change
|
Capi.
|
---|
| +7.67% | 23.38B | | -7.44% | 16.18B | | +9.36% | 14.16B | | +14.31% | 12.06B | | +21.89% | 6.83B | | -2.24% | 6.62B | | -16.69% | 5.93B | | +7.85% | 5.81B | | +2.62% | 5.79B |
Other Homebuilding
|