Real-time Estimate
Tradegate
14:35:44 16/07/2024 BST
|
5-day change
|
1st Jan Change
|
10.2
EUR
|
-0.60%
|
|
-2.98%
|
-5.96%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
18,433
|
27,340
|
37,878
|
26,328
|
29,160
|
27,495
|
-
|
-
|
Enterprise Value (EV)
1 |
20,549
|
29,716
|
40,418
|
29,769
|
32,754
|
30,357
|
29,574
|
28,614
|
P/E ratio
|
26.1
x
|
44.3
x
|
45.6
x
|
26.3
x
|
34.3
x
|
25.1
x
|
22
x
|
20
x
|
Yield
|
1.24%
|
0.87%
|
0.78%
|
1.23%
|
1.2%
|
1.36%
|
1.51%
|
1.64%
|
Capitalization / Revenue
|
4.72
x
|
7.26
x
|
8.73
x
|
5.1
x
|
5.37
x
|
4.85
x
|
4.53
x
|
4.21
x
|
EV / Revenue
|
5.26
x
|
7.89
x
|
9.31
x
|
5.77
x
|
6.03
x
|
5.36
x
|
4.87
x
|
4.38
x
|
EV / EBITDA
|
15.3
x
|
21.1
x
|
24.4
x
|
15.9
x
|
16.2
x
|
14.4
x
|
12.9
x
|
11.5
x
|
EV / FCF
|
29.2
x
|
30
x
|
43.4
x
|
36.3
x
|
38.4
x
|
26.8
x
|
23.8
x
|
20.8
x
|
FCF Yield
|
3.43%
|
3.34%
|
2.31%
|
2.75%
|
2.61%
|
3.73%
|
4.21%
|
4.8%
|
Price to Book
|
3.04
x
|
4.6
x
|
4.33
x
|
2.68
x
|
2.91
x
|
2.56
x
|
2.41
x
|
2.21
x
|
Nbr of stocks (in thousands)
|
2,572,775
|
2,572,856
|
2,698,128
|
2,690,928
|
2,684,378
|
2,684,378
|
-
|
-
|
Reference price
2 |
7.165
|
10.63
|
14.04
|
9.784
|
10.86
|
10.24
|
10.24
|
10.24
|
Announcement Date
|
05/02/20
|
03/02/21
|
02/02/22
|
24/01/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,908
|
3,764
|
4,341
|
5,160
|
5,435
|
5,668
|
6,075
|
6,526
|
EBITDA
1 |
1,339
|
1,412
|
1,654
|
1,877
|
2,027
|
2,114
|
2,294
|
2,483
|
EBIT
1 |
972.5
|
956.2
|
1,270
|
1,518
|
1,597
|
1,605
|
1,766
|
1,934
|
Operating Margin
|
24.89%
|
25.4%
|
29.25%
|
29.41%
|
29.38%
|
28.32%
|
29.06%
|
29.64%
|
Earnings before Tax (EBT)
1 |
865.3
|
759.6
|
983.6
|
1,248
|
1,061
|
1,348
|
1,543
|
1,706
|
Net income
1 |
708.6
|
618.1
|
801.6
|
1,008
|
858.9
|
1,103
|
1,262
|
1,389
|
Net margin
|
18.13%
|
16.42%
|
18.47%
|
19.53%
|
15.8%
|
19.46%
|
20.78%
|
21.29%
|
EPS
2 |
0.2743
|
0.2400
|
0.3080
|
0.3720
|
0.3170
|
0.4086
|
0.4666
|
0.5134
|
Free Cash Flow
1 |
704.5
|
991.2
|
932
|
820
|
853.6
|
1,133
|
1,245
|
1,373
|
FCF margin
|
18.03%
|
26.33%
|
21.47%
|
15.89%
|
15.71%
|
19.98%
|
20.49%
|
21.03%
|
FCF Conversion (EBITDA)
|
52.61%
|
70.22%
|
56.34%
|
43.68%
|
42.12%
|
53.56%
|
54.25%
|
55.28%
|
FCF Conversion (Net income)
|
99.42%
|
160.36%
|
116.27%
|
81.38%
|
99.38%
|
102.65%
|
98.6%
|
98.8%
|
Dividend per Share
2 |
0.0886
|
0.0929
|
0.1100
|
0.1200
|
0.1300
|
0.1390
|
0.1542
|
0.1675
|
Announcement Date
|
05/02/20
|
03/02/21
|
02/02/22
|
24/01/23
|
01/02/24
|
-
|
-
|
-
|
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 |
1,210
|
1,163
|
1,282
|
1,320
|
1,402
|
1,287
|
1,365
|
1,352
|
1,435
|
1,300
|
1,407
|
1,420
|
1,530
|
1,402
|
1,500
|
EBITDA
1 |
471.2
|
416.2
|
465.9
|
473.7
|
521.3
|
462.2
|
489.3
|
491.5
|
583.6
|
483.6
|
514
|
533
|
599.7
|
563
|
587
|
EBIT
1 |
373.1
|
335.1
|
378.5
|
386.2
|
418
|
371.2
|
394.1
|
393
|
438.4
|
376.5
|
403.4
|
414.1
|
469.8
|
417
|
450
|
Operating Margin
|
30.82%
|
28.8%
|
29.52%
|
29.25%
|
29.82%
|
28.85%
|
28.87%
|
29.07%
|
30.54%
|
28.96%
|
28.66%
|
29.16%
|
30.7%
|
29.74%
|
30%
|
Earnings before Tax (EBT)
1 |
167.6
|
230.1
|
329
|
333.5
|
355.4
|
301.6
|
314
|
103.8
|
341.3
|
293.2
|
327.4
|
342.2
|
403.7
|
342
|
380
|
Net income
1 |
138.3
|
181.8
|
266.7
|
270.2
|
288.9
|
244.4
|
253.7
|
83.6
|
277.2
|
237.8
|
269.3
|
279.6
|
328.5
|
278
|
309
|
Net margin
|
11.43%
|
15.63%
|
20.8%
|
20.47%
|
20.61%
|
19%
|
18.59%
|
6.18%
|
19.31%
|
18.29%
|
19.14%
|
19.69%
|
21.47%
|
19.83%
|
20.6%
|
EPS
2 |
0.0510
|
0.0670
|
0.0990
|
0.1000
|
0.1070
|
0.0900
|
0.0940
|
0.0310
|
0.1020
|
0.0880
|
0.1010
|
0.1044
|
0.1206
|
0.1000
|
0.1100
|
Dividend per Share
2 |
0.1100
|
-
|
-
|
-
|
0.1200
|
-
|
-
|
-
|
0.1300
|
-
|
0.0433
|
-
|
0.1044
|
-
|
0.0750
|
Announcement Date
|
02/02/22
|
29/04/22
|
27/07/22
|
27/10/22
|
24/01/23
|
28/04/23
|
26/07/23
|
27/10/23
|
01/02/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,116
|
2,376
|
2,541
|
3,442
|
3,593
|
2,862
|
2,079
|
1,119
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.58
x
|
1.683
x
|
1.536
x
|
1.834
x
|
1.773
x
|
1.353
x
|
0.9061
x
|
0.4505
x
|
Free Cash Flow
1 |
705
|
991
|
932
|
820
|
854
|
1,133
|
1,245
|
1,373
|
ROE (net income / shareholders' equity)
|
12.3%
|
10.1%
|
11.6%
|
10.5%
|
8.6%
|
11.1%
|
11.7%
|
12.1%
|
ROA (Net income/ Total Assets)
|
6.99%
|
5.8%
|
6.47%
|
6.59%
|
5.15%
|
6.57%
|
7.2%
|
7.4%
|
Assets
1 |
10,142
|
10,652
|
12,399
|
15,285
|
16,680
|
16,796
|
17,521
|
18,782
|
Book Value Per Share
2 |
2.360
|
2.310
|
3.240
|
3.650
|
3.730
|
4.000
|
4.250
|
4.630
|
Cash Flow per Share
2 |
0.4300
|
0.5300
|
0.5200
|
0.5100
|
0.5400
|
0.6200
|
0.6500
|
0.6800
|
Capex
1 |
399
|
383
|
419
|
553
|
598
|
599
|
620
|
655
|
Capex / Sales
|
10.21%
|
10.18%
|
9.66%
|
10.71%
|
11.01%
|
10.57%
|
10.21%
|
10.03%
|
Announcement Date
|
05/02/20
|
03/02/21
|
02/02/22
|
24/01/23
|
01/02/24
|
-
|
-
|
-
|
Last Close Price
10.24
EUR Average target price
10.75
EUR Spread / Average Target +4.95% Consensus |
1st Jan change
|
Capi.
|
---|
| +19.66% | 114B | | +2.05% | 20.22B | | -11.52% | 18.73B | | -4.40% | 17.42B | | +19.82% | 16.84B | | +16.99% | 13.05B | | -0.59% | 12.08B | | +25.00% | 9.13B | | +4.70% | 8.59B |
Other Electronic Equipment & Parts
|