Real-time Estimate
Tradegate
08:39:45 17/07/2024 BST
|
5-day change
|
1st Jan Change
|
45.46
EUR
|
+0.13%
|
|
-4.66%
|
+16.95%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,036
|
37,804
|
61,279
|
54,314
|
61,044
|
71,925
|
-
|
-
|
Enterprise Value (EV)
1 |
26,842
|
43,858
|
62,661
|
56,814
|
65,708
|
75,227
|
74,583
|
69,017
|
P/E ratio
|
-77.2
x
|
63.5
x
|
14.4
x
|
15.9
x
|
33.3
x
|
29.5
x
|
21.3
x
|
16.9
x
|
Yield
|
1.52%
|
-
|
0.9%
|
1.58%
|
1.41%
|
1.2%
|
1.2%
|
1.2%
|
Capitalization / Revenue
|
1.32
x
|
2.66
x
|
2.68
x
|
2.38
x
|
2.67
x
|
2.8
x
|
2.62
x
|
2.59
x
|
EV / Revenue
|
1.86
x
|
3.09
x
|
2.74
x
|
2.49
x
|
2.88
x
|
2.93
x
|
2.72
x
|
2.48
x
|
EV / EBITDA
|
9.93
x
|
11.1
x
|
6.05
x
|
6.27
x
|
7.92
x
|
7.07
x
|
6.18
x
|
5.26
x
|
EV / FCF
|
-22.9
x
|
41.5
x
|
11.2
x
|
34
x
|
144
x
|
29.4
x
|
18.5
x
|
11.8
x
|
FCF Yield
|
-4.36%
|
2.41%
|
8.94%
|
2.94%
|
0.69%
|
3.4%
|
5.4%
|
8.47%
|
Price to Book
|
2.05
x
|
3.74
x
|
4.42
x
|
3.5
x
|
3.66
x
|
3.89
x
|
3.35
x
|
2.84
x
|
Nbr of stocks (in thousands)
|
1,450,914
|
1,452,868
|
1,468,474
|
1,429,327
|
1,433,977
|
1,436,490
|
-
|
-
|
Reference price
2 |
13.12
|
26.02
|
41.73
|
38.00
|
42.57
|
50.07
|
50.07
|
50.07
|
Announcement Date
|
23/01/20
|
26/01/21
|
26/01/22
|
25/01/23
|
24/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
14,402
|
14,198
|
22,845
|
22,780
|
22,855
|
25,677
|
27,461
|
27,812
|
EBITDA
1 |
2,703
|
3,965
|
10,364
|
9,056
|
8,293
|
10,640
|
12,063
|
13,124
|
EBIT
1 |
1,091
|
2,437
|
8,366
|
7,037
|
6,225
|
7,965
|
9,952
|
10,763
|
Operating Margin
|
7.58%
|
17.16%
|
36.62%
|
30.89%
|
27.24%
|
31.02%
|
36.24%
|
38.7%
|
Earnings before Tax (EBT)
1 |
306
|
1,797
|
7,659
|
6,715
|
6,006
|
7,690
|
9,392
|
10,049
|
Net income
1 |
-239
|
599
|
4,306
|
3,468
|
1,848
|
2,470
|
3,479
|
4,170
|
Net margin
|
-1.66%
|
4.22%
|
18.85%
|
15.22%
|
8.09%
|
9.62%
|
12.67%
|
14.99%
|
EPS
2 |
-0.1700
|
0.4100
|
2.900
|
2.390
|
1.280
|
1.700
|
2.349
|
2.961
|
Free Cash Flow
1 |
-1,170
|
1,056
|
5,600
|
1,670
|
455
|
2,556
|
4,026
|
5,847
|
FCF margin
|
-8.12%
|
7.44%
|
24.51%
|
7.33%
|
1.99%
|
9.95%
|
14.66%
|
21.02%
|
FCF Conversion (EBITDA)
|
-
|
26.63%
|
54.03%
|
18.44%
|
5.49%
|
24.02%
|
33.37%
|
44.55%
|
FCF Conversion (Net income)
|
-
|
176.29%
|
130.05%
|
48.15%
|
24.62%
|
103.49%
|
115.7%
|
140.23%
|
Dividend per Share
2 |
0.2000
|
-
|
0.3750
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
Announcement Date
|
23/01/20
|
26/01/21
|
26/01/22
|
25/01/23
|
24/01/24
|
-
|
-
|
-
|
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 |
6,164
|
6,603
|
5,416
|
5,003
|
5,758
|
5,389
|
5,737
|
5,824
|
5,905
|
6,321
|
6,022
|
6,380
|
6,691
|
7,029
|
6,503
|
EBITDA
1 |
2,873
|
3,298
|
2,243
|
1,470
|
2,045
|
2,165
|
2,141
|
2,197
|
2,311
|
2,496
|
2,479
|
2,681
|
2,882
|
2,966
|
2,835
|
EBIT
1 |
2,305
|
2,809
|
1,736
|
962
|
1,530
|
1,601
|
1,410
|
1,492
|
1,722
|
1,634
|
1,853
|
2,075
|
2,352
|
3,041
|
-
|
Operating Margin
|
37.39%
|
42.54%
|
32.05%
|
19.23%
|
26.57%
|
29.71%
|
24.58%
|
25.62%
|
29.16%
|
25.85%
|
30.77%
|
32.53%
|
35.16%
|
43.26%
|
-
|
Earnings before Tax (EBT)
1 |
1,973
|
2,713
|
1,599
|
867
|
1,536
|
1,538
|
1,268
|
1,472
|
1,728
|
1,674
|
1,939
|
1,916
|
2,022
|
2,182
|
2,431
|
Net income
1 |
1,106
|
1,527
|
840
|
404
|
697
|
663
|
343
|
454
|
388
|
473
|
570.9
|
589.1
|
657.9
|
878.3
|
1,012
|
Net margin
|
17.94%
|
23.13%
|
15.51%
|
8.08%
|
12.1%
|
12.3%
|
5.98%
|
7.8%
|
6.57%
|
7.48%
|
9.48%
|
9.23%
|
9.83%
|
12.5%
|
15.56%
|
EPS
2 |
0.7400
|
1.040
|
0.5700
|
0.2800
|
0.4800
|
0.4600
|
0.2300
|
0.3100
|
0.2700
|
0.3200
|
0.3940
|
0.4446
|
0.4676
|
0.5080
|
0.5441
|
Dividend per Share
2 |
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
Announcement Date
|
26/01/22
|
21/04/22
|
21/07/22
|
20/10/22
|
25/01/23
|
21/04/23
|
20/07/23
|
19/10/23
|
24/01/24
|
23/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
7,806
|
6,054
|
1,382
|
2,500
|
4,664
|
3,302
|
2,658
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2,908
|
Leverage (Debt/EBITDA)
|
2.888
x
|
1.527
x
|
0.1333
x
|
0.2761
x
|
0.5624
x
|
0.3104
x
|
0.2204
x
|
-
|
Free Cash Flow
1 |
-1,170
|
1,056
|
5,600
|
1,670
|
455
|
2,556
|
4,026
|
5,847
|
ROE (net income / shareholders' equity)
|
-2.5%
|
6.15%
|
38.4%
|
23.5%
|
13.8%
|
14.4%
|
19.2%
|
18.3%
|
ROA (Net income/ Total Assets)
|
-0.58%
|
1.44%
|
9.55%
|
7%
|
4.29%
|
4.51%
|
6.45%
|
6.97%
|
Assets
1 |
41,515
|
41,477
|
45,083
|
49,558
|
43,100
|
54,810
|
53,904
|
59,860
|
Book Value Per Share
2 |
6.410
|
6.960
|
9.430
|
10.90
|
11.60
|
12.90
|
14.90
|
17.60
|
Cash Flow per Share
2 |
1.020
|
2.070
|
5.210
|
3.540
|
3.660
|
5.200
|
6.040
|
6.310
|
Capex
1 |
2,652
|
1,961
|
2,115
|
3,469
|
4,824
|
4,723
|
3,935
|
3,084
|
Capex / Sales
|
18.41%
|
13.81%
|
9.26%
|
15.23%
|
21.11%
|
18.39%
|
14.33%
|
11.09%
|
Announcement Date
|
23/01/20
|
26/01/21
|
26/01/22
|
25/01/23
|
24/01/24
|
-
|
-
|
-
|
Last Close Price
50.07
USD Average target price
55.81
USD Spread / Average Target +11.47% Consensus |
1st Jan change
|
Capi.
|
---|
| +31.25% | 87.33B | | -.--% | 28.9B | | +34.24% | 9.65B | | +14.47% | 8.89B | | +20.58% | 8.85B | | +7.03% | 7.97B | | -35.94% | 5.98B | | +32.03% | 6.18B | | +19.89% | 5.03B |
Other Specialty Mining & Metals
|