Real-time Estimate
Tradegate
19:01:41 17/05/2024 BST
|
5-day change
|
1st Jan Change
|
16.96
EUR
|
+0.15%
|
|
0.00%
|
+10.14%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,287
|
2,956
|
2,497
|
2,977
|
2,510
|
2,731
|
-
|
-
|
Enterprise Value (EV)
1 |
2,804
|
2,981
|
3,730
|
4,525
|
2,510
|
4,545
|
4,736
|
5,028
|
P/E ratio
|
55.2
x
|
305
x
|
29.9
x
|
38.5
x
|
47.2
x
|
44.2
x
|
33.5
x
|
40
x
|
Yield
|
2.77%
|
1.31%
|
1.93%
|
1.62%
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
4.7
x
|
10.1
x
|
7.5
x
|
6.11
x
|
5.35
x
|
5.9
x
|
5.16
x
|
4.58
x
|
EV / Revenue
|
10.2
x
|
10.2
x
|
11.2
x
|
9.29
x
|
5.35
x
|
9.82
x
|
8.95
x
|
8.42
x
|
EV / EBITDA
|
12.9
x
|
13.3
x
|
14.5
x
|
12.9
x
|
7.86
x
|
14.6
x
|
13.3
x
|
12.7
x
|
EV / FCF
|
15.2
x
|
16.7
x
|
17.9
x
|
15.9
x
|
-
|
-38.4
x
|
-271
x
|
-25.4
x
|
FCF Yield
|
6.59%
|
5.97%
|
5.6%
|
6.3%
|
-
|
-2.6%
|
-0.37%
|
-3.94%
|
Price to Book
|
1.81
x
|
3.97
x
|
2.35
x
|
4.21
x
|
-
|
2.62
x
|
2.41
x
|
2.15
x
|
Nbr of stocks (in thousands)
|
137,039
|
138,437
|
160,469
|
161,030
|
161,030
|
161,030
|
-
|
-
|
Reference price
2 |
9.390
|
21.35
|
15.56
|
18.48
|
15.59
|
16.96
|
16.96
|
16.96
|
Announcement Date
|
20/03/20
|
23/03/21
|
29/03/22
|
26/04/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
273.8
|
292.3
|
332.7
|
487.3
|
469.6
|
462.8
|
529.1
|
596.8
|
EBITDA
1 |
217.6
|
224.8
|
256.4
|
350
|
319.2
|
312
|
357.3
|
395.6
|
EBIT
1 |
132.2
|
132.2
|
149
|
198.3
|
194.3
|
176.9
|
214.8
|
245.1
|
Operating Margin
|
48.29%
|
45.21%
|
44.8%
|
40.69%
|
41.37%
|
38.22%
|
40.61%
|
41.06%
|
Earnings before Tax (EBT)
1 |
50.65
|
27.34
|
83.12
|
116.5
|
91.58
|
88.17
|
121.8
|
102.3
|
Net income
1 |
22.19
|
10.14
|
75.32
|
78.49
|
53.33
|
63.55
|
86.75
|
75.82
|
Net margin
|
8.1%
|
3.47%
|
22.64%
|
16.11%
|
11.36%
|
13.73%
|
16.4%
|
12.7%
|
EPS
2 |
0.1700
|
0.0700
|
0.5200
|
0.4800
|
0.3300
|
0.3836
|
0.5067
|
0.4242
|
Free Cash Flow
1 |
184.7
|
178
|
208.8
|
285.1
|
-
|
-118.3
|
-17.49
|
-198.2
|
FCF margin
|
67.46%
|
60.89%
|
62.76%
|
58.5%
|
-
|
-25.57%
|
-3.3%
|
-33.21%
|
FCF Conversion (EBITDA)
|
84.88%
|
79.17%
|
81.44%
|
81.45%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
832.49%
|
1,754.98%
|
277.22%
|
363.21%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.2600
|
0.2800
|
0.3000
|
0.3000
|
-
|
-
|
-
|
-
|
Announcement Date
|
20/03/20
|
23/03/21
|
29/03/22
|
26/04/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
---|
Net sales
1 |
154.8
|
162.2
|
90.4
|
136
|
128.4
|
-
|
131.8
|
129.3
|
EBITDA
1 |
119.6
|
122.3
|
64.4
|
-
|
100.7
|
-
|
87.33
|
94.5
|
EBIT
1 |
74.54
|
-
|
34.8
|
-
|
-
|
-
|
-
|
65.39
|
Operating Margin
|
48.16%
|
-
|
38.5%
|
-
|
-
|
-
|
-
|
50.56%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
10.22
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
0.0700
|
0.2100
|
-
|
0.0300
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
26/08/20
|
13/08/21
|
12/05/22
|
15/08/22
|
15/11/22
|
15/05/23
|
14/08/23
|
13/11/23
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,517
|
25.5
|
1,233
|
1,549
|
-
|
1,814
|
2,005
|
2,296
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
6.971
x
|
0.1136
x
|
4.808
x
|
4.424
x
|
-
|
5.813
x
|
5.612
x
|
5.806
x
|
Free Cash Flow
1 |
185
|
178
|
209
|
285
|
-
|
-118
|
-17.5
|
-198
|
ROE (net income / shareholders' equity)
|
9.12%
|
9.37%
|
9.05%
|
10.3%
|
-
|
6.95%
|
9.19%
|
7.88%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
5.200
|
5.380
|
6.630
|
4.390
|
-
|
6.470
|
7.030
|
7.900
|
Cash Flow per Share
2 |
1.440
|
1.540
|
1.450
|
2.040
|
-
|
1.770
|
1.900
|
2.160
|
Capex
1 |
4.59
|
35
|
43.1
|
42.2
|
-
|
294
|
443
|
927
|
Capex / Sales
|
1.68%
|
11.96%
|
12.96%
|
8.65%
|
-
|
63.55%
|
83.75%
|
155.28%
|
Announcement Date
|
20/03/20
|
23/03/21
|
29/03/22
|
26/04/23
|
27/03/24
|
-
|
-
|
-
|
Last Close Price
16.96
EUR Average target price
17.48
EUR Spread / Average Target +3.04% Consensus |
1st Jan change
|
Capi.
|
---|
| +14.78% | 34.99B | | +8.57% | 23.31B | | -20.43% | 16.88B | | -3.79% | 7.04B | | -0.66% | 4.44B | | -11.30% | 4.21B | | -2.93% | 3.1B | | -.--% | 2.89B | | -1.49% | 2.63B |
Renewable IPPs
|