ECHO INVESTMENT S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.81 PLN | -1.84% |
|
+2.12% | +20.25% |
| 03-28 | Transcript : Echo Investment S.A., 2023 Earnings Call, Mar 28, 2024 | |
| 03-27 | Echo Investment S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,927 | 1,667 | 1,678 | 1,403 | 1,985 | - | - |
| Enterprise Value (EV) 1 | 3,347 | 4,283 | 4,163 | 3,116 | 3,756 | 2,674 | 2,918 |
| P/E ratio | 6.4 x | 13.5 x | 8.84 x | 11 x | 24.1 x | 6.25 x | 6.01 x |
| Yield | 10.7% | - | 5.41% | - | 5.2% | 2.91% | 11.2% |
| Capitalization / Revenue | 2.19 x | 1.37 x | 1.09 x | 1.01 x | 2.56 x | 1.36 x | 1.12 x |
| EV / Revenue | 3.8 x | 3.53 x | 2.72 x | 2.23 x | 4.85 x | 1.83 x | 1.64 x |
| EV / EBITDA | 7,283,076 x | 12,241,497 x | 12,767,170 x | - | - | 7,327,238 x | 6,234,491 x |
| EV / FCF | -4.53 x | -53.2 x | 37 x | - | 45.2 x | 2.14 x | 67.9 x |
| FCF Yield | -22.1% | -1.88% | 2.7% | - | 2.21% | 46.8% | 1.47% |
| Price to Book | 1.23 x | 0.99 x | 1 x | 0.85 x | 1.12 x | 0.98 x | 0.93 x |
| Nbr of stocks (in thousands) | 412,691 | 412,691 | 412,691 | 412,691 | 412,691 | - | - |
| Reference price 2 | 4.670 | 4.040 | 4.065 | 3.400 | 4.810 | 4.810 | 4.810 |
| Announcement Date | 20/03/20 | 31/03/21 | 31/03/22 | 19/04/23 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 880.1 | 1,213 | 1,533 | 1,394 | 775 | 1,463 | 1,774 |
| EBITDA | 459.6 | 349.9 | 326.1 | - | - | 365 | 468 |
| EBIT | 450.2 | 338.2 | 313.5 | 275.4 | - | 350 | 453 |
| Operating Margin | 51.15% | 27.88% | 20.46% | 19.75% | - | 23.92% | 25.54% |
| Earnings before Tax (EBT) 1 | 398.2 | 177 | 261.9 | 219 | 108 | 415 | 440 |
| Net income 1 | 299.5 | 122 | 188.9 | 127.2 | 84 | 317 | 331 |
| Net margin | 34.03% | 10.06% | 12.33% | 9.12% | 10.84% | 21.67% | 18.66% |
| EPS 2 | 0.7300 | 0.3000 | 0.4600 | 0.3100 | 0.2000 | 0.7700 | 0.8000 |
| Free Cash Flow 1 | -738.6 | -80.44 | 112.6 | - | 83 | 1,251 | 43 |
| FCF margin | -83.92% | -6.63% | 7.35% | - | 10.71% | 85.51% | 2.42% |
| FCF Conversion (EBITDA) | - | - | 34.53% | - | - | 342.74% | 9.19% |
| FCF Conversion (Net income) | - | - | 59.6% | - | 98.81% | 394.64% | 12.99% |
| Dividend per Share 2 | 0.5000 | - | 0.2200 | - | 0.2500 | 0.1400 | 0.5400 |
| Announcement Date | 20/03/20 | 31/03/21 | 31/03/22 | 19/04/23 | - | - | - |
1PLN in Million2PLN
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 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 399 | 712.8 | 283.6 | 314.5 | 425.5 | 370.7 | 210.1 | 246.9 | 193.6 | 323.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 125.1 | 127.5 | 108 | 54.6 | 116.9 | -4.19 | 25.3 | 6.756 | 67.88 | 51.2 |
| Operating Margin | 31.35% | 17.89% | 38.09% | 17.36% | 27.48% | -1.13% | 12.04% | 2.74% | 35.07% | 15.84% |
| Earnings before Tax (EBT) 1 | 91.3 | 113.9 | 72.93 | 31.06 | 99.04 | 15.97 | 20.84 | 16.44 | 48.01 | 15.7 |
| Net income 1 | 61 | 80.62 | 51.44 | 10.4 | 62.93 | 2.341 | 11.5 | -2.42 | 24.07 | 1.9 |
| Net margin | 15.29% | 11.31% | 18.14% | 3.31% | 14.79% | 0.63% | 5.47% | -0.98% | 12.44% | 0.59% |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 29/11/21 | 31/03/22 | 25/05/22 | 27/09/22 | 28/11/22 | 19/04/23 | 24/05/23 | 20/09/23 | 27/11/23 | - |
1PLN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,420 | 2,616 | 2,485 | 1,713 | 1,771 | 689 | 933 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.09 x | 7.477 x | 7.622 x | - | - | 1.889 x | 1.993 x |
| Free Cash Flow 1 | -739 | -80.4 | 113 | - | 83 | 1,251 | 43 |
| ROE (net income / shareholders' equity) | 19.6% | 7.52% | 11.2% | 9% | 4.7% | 16.7% | 15.9% |
| ROA (Net income/ Total Assets) | 6.88% | 2.34% | 3.1% | 3% | 1.4% | 5.7% | 5.6% |
| Assets 1 | 4,351 | 5,217 | 6,094 | 4,238 | 6,000 | 5,561 | 5,911 |
| Book Value Per Share 2 | 3.790 | 4.080 | 4.070 | 3.980 | 4.290 | 4.920 | 5.180 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 728 | - | 560 | - | 322 | 382 | 391 |
| Capex / Sales | 82.72% | - | 36.57% | - | 41.55% | 26.11% | 22.04% |
| Announcement Date | 20/03/20 | 31/03/21 | 31/03/22 | 19/04/23 | - | - | - |
1PLN in Million2PLN
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
4.81
PLN
Average target price
4.062
PLN
Spread / Average Target
-15.54%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +20.25% | 497M | |
| -3.22% | 24.23B | |
| -27.72% | 11.5B | |
| +7.71% | 10.76B | |
| -24.98% | 7.68B | |
| -6.60% | 6.9B | |
| +0.90% | 6.58B | |
| +3.63% | 6.56B | |
| -1.97% | 3.72B | |
| +16.88% | 3.71B |
- Stock Market
- Equities
- ECH Stock
- Financials Echo Investment S.A.
