Financials Enefit Green Börse Stuttgart

Equities

I6B

EE3100137985

Renewable Energy Equipment & Services

Delayed Börse Stuttgart 15:33:06 26/06/2024 BST 5-day change 1st Jan Change
2.86 EUR -0.90% Intraday chart for Enefit Green +1.91% -38.81%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,069 1,157 939.8 798.6 - -
Enterprise Value (EV) 1 1,112 1,305 1,357 1,434 1,466 1,398
P/E ratio 13.5 x 10.4 x 16.9 x 10 x 10.6 x 9.77 x
Yield 3.73% 4.75% 2.95% 4.18% 4.31% 4.74%
Capitalization / Revenue 5.82 x 4.5 x 4.08 x 3.73 x 3.45 x 3.15 x
EV / Revenue 6.05 x 5.08 x 5.9 x 6.69 x 6.34 x 5.51 x
EV / EBITDA 9.15 x 8.43 x 12.8 x 11.4 x 10.6 x 9.49 x
EV / FCF 26.2 x -20.3 x -6.52 x -7.51 x -279 x 14.4 x
FCF Yield 3.81% -4.92% -15.3% -13.3% -0.36% 6.96%
Price to Book 1.69 x 1.61 x 1.31 x 1.05 x 1 x 0.96 x
Nbr of stocks (in thousands) 264,276 264,276 264,276 264,276 - -
Reference price 2 4.044 4.378 3.556 3.022 3.022 3.022
Announcement Date 28/02/22 28/02/23 29/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 183.7 257 230.1 214.4 231.2 253.5
EBITDA 1 - 121.5 154.8 105.9 126.1 137.8 147.3
EBIT 1 - 83.31 117.1 65.34 87.18 89.22 96.74
Operating Margin - 45.35% 45.55% 28.4% 40.67% 38.59% 38.16%
Earnings before Tax (EBT) 1 - 81.25 115.8 65.51 86.8 81.33 87.78
Net income 1 67.87 79.66 110.2 55.79 79.88 75.33 81.83
Net margin - 43.36% 42.88% 24.25% 37.27% 32.58% 32.28%
EPS 2 14.20 0.3000 0.4200 0.2100 0.3023 0.2843 0.3094
Free Cash Flow 1 - 42.36 -64.21 -207.9 -191 -5.25 97.35
FCF margin - 23.06% -24.98% -90.36% -89.1% -2.27% 38.4%
FCF Conversion (EBITDA) - 34.87% - - - - 66.1%
FCF Conversion (Net income) - 53.18% - - - - 118.97%
Dividend per Share 2 - 0.1510 0.2080 0.1050 0.1264 0.1301 0.1433
Announcement Date 09/06/21 28/02/22 28/02/23 29/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 68.9 66.7 47.28 82.8 77.5 41.2 44.49 66.9 68.9 50.3 26.1 29.2
EBITDA 49.6 45.6 30.7 45.8 41.1 19.3 15.9 29.6 42.4 - - -
EBIT 40.02 35.92 21.1 36.96 31.3 9.589 5.675 18.78 33.08 - - -
Operating Margin 58.08% 53.86% 44.63% 44.63% 40.38% 23.27% 12.76% 28.07% 48.02% - - -
Earnings before Tax (EBT) 1 39.89 35.77 21.52 - 31.34 10.4 5.352 18.41 - 12.9 14.4 26.2
Net income 1 39.37 34.92 16.92 35.41 30.52 1.14 5.026 19.1 33.45 6.4 14.2 26.1
Net margin 57.14% 52.36% 35.8% 42.76% 39.38% 2.77% 11.3% 28.56% 48.54% 12.72% 54.41% 89.38%
EPS 2 0.1500 0.1300 0.0600 0.1300 0.1200 0.004000 0.0200 0.0720 - 0.0200 0.0500 0.1000
Dividend per Share - - - - - - - - - - - -
Announcement Date 28/02/22 05/05/22 04/08/22 28/02/23 05/05/23 03/08/23 02/11/23 29/02/24 02/05/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 43 148 417 635 667 600
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 0.3539 x 0.9568 x 3.935 x 5.036 x 4.839 x 4.071 x
Free Cash Flow 1 - 42.4 -64.2 -208 -191 -5.25 97.4
ROE (net income / shareholders' equity) - 13.9% 16.3% 7.77% 10.8% 9.68% 10%
ROA (Net income/ Total Assets) - 10.2% 11.7% 4.72% 5.66% 4.91% 4.76%
Assets 1 - 778.5 940.9 1,183 1,410 1,536 1,719
Book Value Per Share 2 - 2.400 2.720 2.710 2.870 3.010 3.160
Cash Flow per Share - - - - - - -
Capex 1 - 74.8 190 282 315 130 34.5
Capex / Sales - 40.74% 74.1% 122.61% 146.95% 56.29% 13.61%
Announcement Date 09/06/21 28/02/22 28/02/23 29/02/24 - - -
1EUR in Million2EUR
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.022 EUR
Average target price
4.11 EUR
Spread / Average Target
+36.00%
Consensus