Market Closed -
BOERSE MUENCHEN
20:43:37 02/07/2024 BST
|
5-day change
|
1st Jan Change
|
2.66
EUR
|
0.00%
|
|
-3.62%
|
+5.56%
|
Fiscal Period: Juni |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,802
|
4,411
|
6,828
|
4,624
|
4,336
|
5,208
|
-
|
-
|
Enterprise Value (EV)
1 |
5,428
|
4,396
|
8,302
|
6,280
|
6,297
|
7,479
|
7,553
|
7,611
|
P/E ratio
|
11.7
x
|
9.04
x
|
8.12
x
|
5.7
x
|
8.05
x
|
14.1
x
|
12.2
x
|
11.5
x
|
Yield
|
8.11%
|
6.78%
|
6.39%
|
10.1%
|
7.18%
|
5.25%
|
5.86%
|
6.37%
|
Capitalization / Revenue
|
1.94
x
|
1.24
x
|
1.54
x
|
1.03
x
|
1.01
x
|
1.25
x
|
1.19
x
|
1.11
x
|
EV / Revenue
|
2.19
x
|
1.24
x
|
1.87
x
|
1.39
x
|
1.47
x
|
1.8
x
|
1.73
x
|
1.62
x
|
EV / EBITDA
|
8.66
x
|
4.65
x
|
7.24
x
|
4.37
x
|
5.57
x
|
8.32
x
|
7.74
x
|
7.29
x
|
EV / FCF
|
19.5
x
|
4.82
x
|
30.6
x
|
14.7
x
|
17.3
x
|
18.9
x
|
22.2
x
|
22.4
x
|
FCF Yield
|
5.13%
|
20.7%
|
3.27%
|
6.78%
|
5.8%
|
5.3%
|
4.51%
|
4.46%
|
Price to Book
|
1.52
x
|
1.28
x
|
1.77
x
|
1.08
x
|
0.98
x
|
1.15
x
|
1.13
x
|
1.1
x
|
Nbr of stocks (in thousands)
|
1,179,737
|
1,246,007
|
1,246,007
|
1,246,447
|
1,246,007
|
1,246,007
|
-
|
-
|
Reference price
2 |
4.070
|
3.540
|
5.480
|
3.710
|
3.480
|
4.180
|
4.180
|
4.180
|
Announcement Date
|
29/08/19
|
27/08/20
|
30/08/21
|
30/08/22
|
30/08/23
|
-
|
-
|
-
|
Fiscal Period: Juni |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,477
|
3,546
|
4,439
|
4,506
|
4,275
|
4,164
|
4,367
|
4,700
|
EBITDA
1 |
626.7
|
944.7
|
1,147
|
1,437
|
1,131
|
899.3
|
975.4
|
1,045
|
EBIT
1 |
533
|
654.9
|
1,059
|
1,193
|
867.7
|
623.2
|
691.2
|
749.7
|
Operating Margin
|
21.52%
|
18.47%
|
23.86%
|
26.48%
|
20.3%
|
14.97%
|
15.83%
|
15.95%
|
Earnings before Tax (EBT)
1 |
574.6
|
661.3
|
1,183
|
1,140
|
776.1
|
526.5
|
605.4
|
667.1
|
Net income
1 |
402.3
|
480.5
|
841.4
|
811.5
|
539.5
|
365.6
|
427.8
|
438.5
|
Net margin
|
16.25%
|
13.55%
|
18.96%
|
18.01%
|
12.62%
|
8.78%
|
9.8%
|
9.33%
|
EPS
2 |
0.3467
|
0.3915
|
0.6745
|
0.6504
|
0.4323
|
0.2962
|
0.3427
|
0.3626
|
Free Cash Flow
1 |
278.6
|
911.6
|
271.7
|
426
|
364.9
|
396.7
|
340.6
|
339.7
|
FCF margin
|
11.25%
|
25.71%
|
6.12%
|
9.45%
|
8.54%
|
9.53%
|
7.8%
|
7.23%
|
FCF Conversion (EBITDA)
|
44.46%
|
96.5%
|
23.69%
|
29.64%
|
32.27%
|
44.11%
|
34.92%
|
32.52%
|
FCF Conversion (Net income)
|
69.25%
|
189.7%
|
32.29%
|
52.49%
|
67.64%
|
108.49%
|
79.63%
|
77.46%
|
Dividend per Share
2 |
0.3300
|
0.2400
|
0.3500
|
0.3750
|
0.2500
|
0.2193
|
0.2452
|
0.2662
|
Announcement Date
|
29/08/19
|
27/08/20
|
30/08/21
|
30/08/22
|
30/08/23
|
-
|
-
|
-
|
Fiscal Period: Juni |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
|
1,843
|
1,703
|
2,340
|
2,098
|
2,340
|
2,166
|
2,342
|
1,933
|
2,150
|
-
|
-
|
-
|
EBITDA
|
361.5
|
428.4
|
659.3
|
487.7
|
538.2
|
682.6
|
490.3
|
640.4
|
376.5
|
-
|
-
|
-
|
EBIT
1 |
317.8
|
337.1
|
614.8
|
444.2
|
492.5
|
555.2
|
446
|
421.7
|
329.6
|
268.6
|
326.8
|
303.6
|
Operating Margin
|
17.24%
|
19.8%
|
26.27%
|
21.17%
|
21.05%
|
25.63%
|
19.04%
|
21.82%
|
15.33%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
301.2
|
360.1
|
643.9
|
-
|
612.2
|
528.2
|
522.7
|
253.4
|
283.6
|
230
|
336
|
263
|
Net income
|
213.6
|
266.9
|
462
|
379.4
|
430.9
|
380.6
|
365.9
|
173.6
|
200
|
-
|
-
|
-
|
Net margin
|
11.59%
|
15.68%
|
19.74%
|
18.08%
|
18.42%
|
17.57%
|
15.62%
|
8.98%
|
9.3%
|
-
|
-
|
-
|
EPS
|
0.1768
|
0.2147
|
0.3703
|
0.3042
|
0.3455
|
0.3049
|
0.2932
|
0.1391
|
0.1602
|
-
|
-
|
-
|
Dividend per Share
|
0.1200
|
0.1200
|
0.1800
|
0.1700
|
0.1500
|
0.2250
|
0.1300
|
0.1200
|
0.1000
|
-
|
-
|
-
|
Announcement Date
|
27/02/20
|
27/08/20
|
25/02/21
|
30/08/21
|
24/02/22
|
30/08/22
|
27/02/23
|
30/08/23
|
28/02/24
|
-
|
-
|
-
|
Fiscal Period: Juni |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
626
|
-
|
1,474
|
1,655
|
1,960
|
2,271
|
2,344
|
2,403
|
Net Cash position
1 |
-
|
15.4
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.9996
x
|
-
|
1.285
x
|
1.152
x
|
1.734
x
|
2.525
x
|
2.403
x
|
2.3
x
|
Free Cash Flow
1 |
279
|
912
|
272
|
426
|
365
|
397
|
341
|
340
|
ROE (net income / shareholders' equity)
|
13.2%
|
14%
|
20.3%
|
20%
|
12.4%
|
8.37%
|
9.47%
|
10.1%
|
ROA (Net income/ Total Assets)
|
8.58%
|
8.7%
|
13.5%
|
11.7%
|
7.23%
|
5%
|
5.45%
|
5.94%
|
Assets
1 |
4,688
|
5,525
|
6,251
|
6,960
|
7,459
|
7,306
|
7,846
|
7,385
|
Book Value Per Share
2 |
2.680
|
2.770
|
3.100
|
3.420
|
3.560
|
3.630
|
3.700
|
3.780
|
Cash Flow per Share
2 |
0.3200
|
0.8600
|
0.4400
|
0.4800
|
0.5500
|
0.5100
|
0.4800
|
0.4800
|
Capex
1 |
122
|
145
|
272
|
171
|
315
|
246
|
229
|
237
|
Capex / Sales
|
4.93%
|
4.1%
|
6.13%
|
3.8%
|
7.38%
|
5.92%
|
5.24%
|
5.05%
|
Announcement Date
|
29/08/19
|
27/08/20
|
30/08/21
|
30/08/22
|
30/08/23
|
-
|
-
|
-
|
Last Close Price
4.18
AUD Average target price
4.667
AUD Spread / Average Target +11.65% Consensus |
1st Jan change
|
Capi.
|
---|
| +81.22% | 23.48B | | +33.14% | 7.69B | | +109.26% | 7.29B | | +5.45% | 6.95B | | -9.26% | 5.89B | | -3.40% | 5.71B | | -11.43% | 5.04B | | +22.60% | 4.64B | | -2.80% | 3.92B |
Retail - Department Stores
|