Real-time Estimate
Tradegate
07:18:24 03/07/2024 BST
|
5-day change
|
1st Jan Change
|
111.4
EUR
|
-1.37%
|
|
+2.31%
|
+12.51%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,453
|
23,912
|
26,453
|
26,089
|
21,269
|
22,895
|
-
|
-
|
Enterprise Value (EV)
1 |
19,401
|
23,377
|
25,914
|
24,893
|
21,269
|
20,956
|
21,353
|
19,795
|
P/E ratio
|
56.4
x
|
73.3
x
|
36.1
x
|
37.3
x
|
-45.6
x
|
39.4
x
|
33.6
x
|
27.2
x
|
Yield
|
0.96%
|
0.82%
|
0.84%
|
0.94%
|
-
|
1.21%
|
1.21%
|
1.21%
|
Capitalization / Revenue
|
23
x
|
23.4
x
|
20.3
x
|
19.8
x
|
17.4
x
|
20.5
x
|
18
x
|
16.7
x
|
EV / Revenue
|
23
x
|
22.9
x
|
19.9
x
|
18.9
x
|
17.4
x
|
18.8
x
|
16.8
x
|
14.4
x
|
EV / EBITDA
|
28.8
x
|
27.8
x
|
23.7
x
|
22.5
x
|
21
x
|
21.7
x
|
19.3
x
|
17.2
x
|
EV / FCF
|
112
x
|
47.4
x
|
133
x
|
29
x
|
-
|
29.2
x
|
22.3
x
|
21.2
x
|
FCF Yield
|
0.89%
|
2.11%
|
0.75%
|
3.45%
|
-
|
3.43%
|
4.48%
|
4.72%
|
Price to Book
|
3.86
x
|
4.4
x
|
4.39
x
|
4.07
x
|
-
|
-
|
-
|
-
|
Nbr of stocks (in thousands)
|
188,581
|
190,832
|
191,192
|
191,665
|
192,119
|
192,341
|
-
|
-
|
Reference price
2 |
103.2
|
125.3
|
138.4
|
136.1
|
110.7
|
119.0
|
119.0
|
119.0
|
Announcement Date
|
09/03/20
|
10/03/21
|
09/03/22
|
15/03/23
|
05/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
844.1
|
1,020
|
1,300
|
1,316
|
1,219
|
1,117
|
1,270
|
1,375
|
EBITDA
1 |
673.4
|
839.6
|
1,092
|
1,107
|
1,015
|
967
|
1,107
|
1,154
|
EBIT
1 |
410.2
|
336.5
|
860.7
|
820.7
|
-428
|
733.4
|
854.8
|
824
|
Operating Margin
|
48.6%
|
32.98%
|
66.21%
|
62.38%
|
-35.11%
|
65.67%
|
67.29%
|
59.93%
|
Earnings before Tax (EBT)
1 |
405.9
|
339.5
|
857.8
|
833.7
|
-364.2
|
742.2
|
848.8
|
1,036
|
Net income
1 |
344.1
|
326.2
|
733.7
|
700.6
|
-466.4
|
618.6
|
703.4
|
844
|
Net margin
|
40.77%
|
31.97%
|
56.44%
|
53.25%
|
-38.26%
|
55.39%
|
55.38%
|
61.38%
|
EPS
2 |
1.830
|
1.710
|
3.830
|
3.650
|
-2.430
|
3.025
|
3.540
|
4.370
|
Free Cash Flow
1 |
172.5
|
492.8
|
194.9
|
858
|
-
|
718.8
|
956.7
|
934.8
|
FCF margin
|
20.44%
|
48.3%
|
14.99%
|
65.21%
|
-
|
64.36%
|
75.31%
|
67.99%
|
FCF Conversion (EBITDA)
|
25.62%
|
58.69%
|
17.84%
|
77.51%
|
-
|
74.33%
|
86.45%
|
81%
|
FCF Conversion (Net income)
|
50.13%
|
151.07%
|
26.56%
|
122.47%
|
-
|
116.19%
|
136.01%
|
110.76%
|
Dividend per Share
2 |
0.9900
|
1.030
|
1.160
|
1.280
|
-
|
1.440
|
1.440
|
1.440
|
Announcement Date
|
09/03/20
|
10/03/21
|
09/03/22
|
15/03/23
|
05/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
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
|
---|
Net sales
1 |
327.7
|
338.8
|
352.3
|
304.2
|
320.4
|
276.3
|
329.9
|
309.5
|
303.3
|
256.8
|
273.4
|
282.8
|
303.2
|
-
|
-
|
EBITDA
1 |
269.8
|
286.6
|
301.2
|
256.7
|
262.4
|
229.4
|
275.6
|
255.1
|
254.6
|
216.1
|
233
|
243
|
249.3
|
248.7
|
251.4
|
EBIT
1 |
267.1
|
212
|
231.6
|
188.2
|
188.9
|
172.1
|
200.5
|
187
|
-987.6
|
158.2
|
186.9
|
194.9
|
224.4
|
-
|
-
|
Operating Margin
|
81.51%
|
62.57%
|
65.74%
|
61.87%
|
58.96%
|
62.29%
|
60.78%
|
60.42%
|
-325.62%
|
61.6%
|
68.34%
|
68.94%
|
74.03%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
264.9
|
-
|
-
|
-
|
-
|
184.1
|
211.5
|
185.2
|
-959.8
|
172
|
169
|
180
|
183
|
-
|
-
|
Net income
1 |
220.9
|
182
|
-
|
-
|
-
|
156.5
|
184.5
|
175.1
|
-982.5
|
144.5
|
148.5
|
150.8
|
164.1
|
-
|
-
|
Net margin
|
67.41%
|
53.72%
|
-
|
-
|
-
|
56.64%
|
55.93%
|
56.58%
|
-323.94%
|
56.27%
|
54.32%
|
53.32%
|
54.12%
|
-
|
-
|
EPS
2 |
1.150
|
0.9500
|
1.020
|
0.8200
|
0.8600
|
0.8100
|
0.9600
|
0.9100
|
-5.110
|
0.7500
|
0.7500
|
0.7700
|
0.8133
|
0.9100
|
1.150
|
Dividend per Share
|
0.3000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
09/03/22
|
04/05/22
|
10/08/22
|
07/11/22
|
15/03/23
|
02/05/23
|
08/08/23
|
08/11/23
|
05/03/24
|
01/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
52.1
|
534
|
539
|
1,197
|
-
|
1,939
|
1,542
|
3,100
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
173
|
493
|
195
|
858
|
-
|
719
|
957
|
935
|
ROE (net income / shareholders' equity)
|
7.05%
|
9.83%
|
11.7%
|
11.3%
|
-
|
10.8%
|
-
|
-
|
ROA (Net income/ Total Assets)
|
6.69%
|
9.5%
|
11.4%
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
5,145
|
3,435
|
6,428
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
|
26.70
|
28.50
|
31.50
|
33.40
|
-
|
-
|
-
|
-
|
Cash Flow per Share
2 |
3.360
|
4.210
|
10.40
|
5.270
|
-
|
4.580
|
5.430
|
5.320
|
Capex
1 |
445
|
311
|
761
|
142
|
-
|
338
|
383
|
-
|
Capex / Sales
|
52.74%
|
30.49%
|
58.5%
|
10.75%
|
-
|
30.22%
|
30.17%
|
-
|
Announcement Date
|
09/03/20
|
10/03/21
|
09/03/22
|
15/03/23
|
05/03/24
|
-
|
-
|
-
|
Average target price
145.7
USD Spread / Average Target +22.40% Consensus |
1st Jan change
|
Capi.
|
---|
| -1.05% | 13.21B | | +49.50% | 9.93B | | +44.28% | 5.74B | | -2.79% | 5.17B | | -12.88% | 4.55B | | +22.85% | 3.19B | | +2.15% | 1.96B | | -24.05% | 1.9B | | +46.12% | 1.67B |
Other Gold
|