Market Closed -
Börse Stuttgart
15:29:05 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
8.42
EUR
|
+1.57%
|
|
-0.71%
|
-2.77%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
731.6
|
468
|
496.3
|
354.1
|
445.4
|
435.2
|
-
|
-
|
Enterprise Value (EV)
1 |
1,230
|
961.5
|
933.6
|
789.3
|
748.8
|
717.2
|
689
|
648.7
|
P/E ratio
|
31.2
x
|
53.9
x
|
13.3
x
|
14.2
x
|
2.67
x
|
11.6
x
|
11.3
x
|
10.1
x
|
Yield
|
0.56%
|
1.31%
|
2.37%
|
1.72%
|
-
|
1.87%
|
1.86%
|
1.89%
|
Capitalization / Revenue
|
1.06
x
|
0.76
x
|
0.75
x
|
0.46
x
|
0.57
x
|
0.68
x
|
0.67
x
|
0.65
x
|
EV / Revenue
|
1.78
x
|
1.56
x
|
1.41
x
|
1.03
x
|
0.96
x
|
1.12
x
|
1.05
x
|
0.98
x
|
EV / EBITDA
|
11.1
x
|
10.1
x
|
7.79
x
|
7.16
x
|
6.18
x
|
6.96
x
|
6.39
x
|
5.82
x
|
EV / FCF
|
13
x
|
17.1
x
|
8.71
x
|
11
x
|
7.28
x
|
16
x
|
16.1
x
|
14.1
x
|
FCF Yield
|
7.67%
|
5.85%
|
11.5%
|
9.08%
|
13.7%
|
6.24%
|
6.22%
|
7.07%
|
Price to Book
|
2.21
x
|
1.33
x
|
1.33
x
|
0.89
x
|
0.78
x
|
0.87
x
|
0.78
x
|
0.73
x
|
Nbr of stocks (in thousands)
|
50,949
|
51,040
|
51,058
|
50,871
|
50,728
|
50,728
|
-
|
-
|
Reference price
2 |
14.36
|
9.170
|
9.720
|
6.960
|
8.780
|
8.580
|
8.580
|
8.580
|
Announcement Date
|
25/03/20
|
22/03/21
|
23/03/22
|
22/03/23
|
20/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
689.4
|
616.3
|
660.1
|
764.6
|
779.2
|
643.1
|
653.4
|
665.2
|
EBITDA
1 |
110.8
|
95.4
|
119.9
|
110.3
|
121.1
|
103
|
107.8
|
111.4
|
EBIT
1 |
78.42
|
61.66
|
78.5
|
78.74
|
90.3
|
75.18
|
80.82
|
85.55
|
Operating Margin
|
11.37%
|
10.01%
|
11.89%
|
10.3%
|
11.59%
|
11.69%
|
12.37%
|
12.86%
|
Earnings before Tax (EBT)
1 |
29.77
|
14.3
|
54.5
|
38.6
|
209.3
|
53.65
|
58.14
|
65.22
|
Net income
1 |
24
|
8.6
|
38
|
25.3
|
170.6
|
36.18
|
39.88
|
44.88
|
Net margin
|
3.48%
|
1.4%
|
5.76%
|
3.31%
|
21.9%
|
5.63%
|
6.1%
|
6.75%
|
EPS
2 |
0.4600
|
0.1700
|
0.7300
|
0.4900
|
3.290
|
0.7407
|
0.7573
|
0.8487
|
Free Cash Flow
1 |
94.3
|
56.22
|
107.1
|
71.66
|
102.9
|
44.73
|
42.87
|
45.87
|
FCF margin
|
13.68%
|
9.12%
|
16.23%
|
9.37%
|
13.21%
|
6.96%
|
6.56%
|
6.9%
|
FCF Conversion (EBITDA)
|
85.08%
|
58.93%
|
89.36%
|
64.97%
|
84.99%
|
43.43%
|
39.75%
|
41.16%
|
FCF Conversion (Net income)
|
392.9%
|
653.72%
|
281.96%
|
283.23%
|
60.31%
|
123.63%
|
107.48%
|
102.21%
|
Dividend per Share
2 |
0.0800
|
0.1200
|
0.2300
|
0.1200
|
-
|
0.1608
|
0.1598
|
0.1618
|
Announcement Date
|
25/03/20
|
22/03/21
|
23/03/22
|
22/03/23
|
20/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 Q1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
313.5
|
328.1
|
166
|
204.4
|
179.6
|
-
|
236.9
|
415.6
|
-
|
165
|
131.9
|
EBITDA
1 |
46.16
|
58.5
|
22.7
|
30.69
|
14.8
|
-
|
48
|
72.3
|
35.7
|
13.1
|
18.54
|
EBIT
1 |
28.91
|
43.4
|
15.5
|
20.53
|
6.915
|
-
|
39.7
|
55.1
|
-
|
5.1
|
12.66
|
Operating Margin
|
9.22%
|
13.23%
|
9.34%
|
10.04%
|
3.85%
|
-
|
16.76%
|
13.26%
|
-
|
3.09%
|
9.6%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-9.2
|
1.255
|
20
|
21.3
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-5.12%
|
-
|
8.44%
|
5.13%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
0.0200
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
05/08/20
|
05/08/21
|
13/05/22
|
11/11/22
|
22/03/23
|
16/05/23
|
03/08/23
|
03/08/23
|
20/12/23
|
20/03/24
|
15/05/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
498
|
494
|
437
|
435
|
303
|
282
|
254
|
213
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.495
x
|
5.173
x
|
3.647
x
|
3.946
x
|
2.505
x
|
2.737
x
|
2.354
x
|
1.915
x
|
Free Cash Flow
1 |
94.3
|
56.2
|
107
|
71.7
|
103
|
44.7
|
42.9
|
45.9
|
ROE (net income / shareholders' equity)
|
13.4%
|
6.7%
|
12.5%
|
9.76%
|
35.2%
|
8.98%
|
8.87%
|
8.93%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
10.4%
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
364.7
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
6.500
|
6.900
|
7.300
|
7.850
|
11.20
|
9.820
|
11.00
|
11.80
|
Cash Flow per Share
2 |
2.170
|
1.310
|
2.290
|
1.710
|
2.570
|
1.330
|
1.100
|
1.230
|
Capex
1 |
19
|
10.2
|
12
|
16.7
|
30.3
|
19
|
18.9
|
18.9
|
Capex / Sales
|
2.76%
|
1.65%
|
1.82%
|
2.18%
|
3.88%
|
2.95%
|
2.88%
|
2.85%
|
Announcement Date
|
25/03/20
|
22/03/21
|
23/03/22
|
22/03/23
|
20/03/24
|
-
|
-
|
-
|
Last Close Price
8.58
EUR Average target price
11.8
EUR Spread / Average Target +37.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -16.70% | 3.98B | | +17.57% | 1.9B | | +63.11% | 1.49B | | +20.33% | 823M | | -32.07% | 476M | | +46.20% | 354M | | -2.45% | 280M | | +10.96% | 243M | | -28.11% | 201M |
Office Supplies
|