Real-time
BOERSE MUENCHEN
12:13:26 02/07/2024 BST
|
5-day change
|
1st Jan Change
|
13.7
EUR
|
0.00%
|
|
+2.24%
|
-2.14%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,081,758
|
404,824
|
784,835
|
992,076
|
975,422
|
1,493,248
|
-
|
-
|
Enterprise Value (EV)
1 |
2,523,346
|
2,126,121
|
2,435,199
|
2,739,703
|
2,718,996
|
3,202,576
|
3,023,935
|
2,908,416
|
P/E ratio
|
6.62
x
|
-2.05
x
|
-35.9
x
|
3.44
x
|
5.99
x
|
7.86
x
|
6.61
x
|
6.58
x
|
Yield
|
2.66%
|
2.84%
|
0.73%
|
8.13%
|
4.76%
|
3.94%
|
4.68%
|
4.64%
|
Capitalization / Revenue
|
0.28
x
|
0.11
x
|
0.24
x
|
0.23
x
|
0.19
x
|
0.31
x
|
0.28
x
|
0.28
x
|
EV / Revenue
|
0.65
x
|
0.57
x
|
0.75
x
|
0.63
x
|
0.52
x
|
0.62
x
|
0.57
x
|
0.54
x
|
EV / EBITDA
|
5.89
x
|
7.87
x
|
10.7
x
|
4.87
x
|
5.5
x
|
5.71
x
|
5.36
x
|
4.92
x
|
EV / FCF
|
-56
x
|
-16.3
x
|
-25.6
x
|
256
x
|
22.4
x
|
20.8
x
|
26.9
x
|
20.1
x
|
FCF Yield
|
-1.79%
|
-6.13%
|
-3.91%
|
0.39%
|
4.47%
|
4.8%
|
3.72%
|
4.98%
|
Price to Book
|
0.56
x
|
0.25
x
|
0.47
x
|
0.5
x
|
0.46
x
|
0.66
x
|
0.58
x
|
0.55
x
|
Nbr of stocks (in thousands)
|
575,863
|
575,852
|
575,814
|
575,784
|
580,954
|
635,966
|
-
|
-
|
Reference price
2 |
1,878
|
703.0
|
1,363
|
1,723
|
1,679
|
2,348
|
2,348
|
2,348
|
Announcement Date
|
14/05/19
|
12/05/20
|
07/05/21
|
06/05/22
|
08/05/23
|
07/05/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,873,662
|
3,729,717
|
3,227,285
|
4,365,145
|
5,268,794
|
5,174,632
|
5,343,233
|
5,342,609
|
EBITDA
1 |
428,313
|
270,199
|
226,815
|
562,322
|
494,686
|
561,104
|
564,576
|
590,629
|
EBIT
1 |
221,818
|
-200,927
|
-9,538
|
310,039
|
225,086
|
287,003
|
318,312
|
325,235
|
Operating Margin
|
5.73%
|
-5.39%
|
-0.3%
|
7.1%
|
4.27%
|
5.55%
|
5.96%
|
6.09%
|
Earnings before Tax (EBT)
1 |
209,313
|
-213,473
|
-4,930
|
388,535
|
210,282
|
268,386
|
310,899
|
310,682
|
Net income
1 |
163,509
|
-197,744
|
-21,868
|
288,058
|
162,621
|
197,421
|
227,065
|
228,110
|
Net margin
|
4.22%
|
-5.3%
|
-0.68%
|
6.6%
|
3.09%
|
3.82%
|
4.25%
|
4.27%
|
EPS
2 |
283.8
|
-343.4
|
-37.98
|
500.3
|
280.5
|
323.3
|
355.3
|
356.7
|
Free Cash Flow
1 |
-45,100
|
-130,286
|
-95,121
|
10,704
|
121,489
|
153,708
|
112,622
|
144,833
|
FCF margin
|
-1.16%
|
-3.49%
|
-2.95%
|
0.25%
|
2.31%
|
2.97%
|
2.11%
|
2.71%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
1.9%
|
24.56%
|
27.39%
|
19.95%
|
24.52%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
3.72%
|
74.71%
|
77.86%
|
49.6%
|
63.49%
|
Dividend per Share
2 |
50.00
|
20.00
|
10.00
|
140.0
|
80.00
|
100.0
|
110.0
|
108.9
|
Announcement Date
|
14/05/19
|
12/05/20
|
07/05/21
|
06/05/22
|
08/05/23
|
07/05/24
|
-
|
-
|
Fiscal Period: Maart |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
1,871,292
|
1,858,425
|
1,492,294
|
1,734,991
|
1,054,036
|
1,942,977
|
1,154,417
|
1,267,751
|
2,422,168
|
1,253,600
|
1,310,735
|
2,564,335
|
1,344,200
|
1,360,259
|
2,704,459
|
1,262,086
|
1,314,501
|
2,576,588
|
1,289,159
|
1,308,885
|
2,598,044
|
1,300,888
|
1,324,205
|
2,626,500
|
1,335,555
|
1,333,652
|
2,557,000
|
2,386,500
|
2,401,500
|
EBITDA
1 |
-
|
-
|
-
|
-
|
170,835
|
-
|
187,698
|
53,886
|
-
|
182,120
|
135,351
|
-
|
109,196
|
68,019
|
-
|
154,649
|
153,162
|
-
|
140,775
|
112,518
|
-
|
113,400
|
121,400
|
-
|
136,900
|
159,300
|
-
|
-
|
-
|
EBIT
1 |
49,063
|
-249,990
|
-114,338
|
104,800
|
110,506
|
198,869
|
123,970
|
-12,800
|
111,170
|
116,659
|
71,256
|
187,915
|
43,100
|
-14,038
|
-
|
55,820
|
79,522
|
164,346
|
76,268
|
46,388
|
-
|
50,700
|
56,200
|
-
|
128,950
|
89,650
|
-
|
-
|
-
|
Operating Margin
|
2.62%
|
-13.45%
|
-7.66%
|
6.04%
|
10.48%
|
10.24%
|
10.74%
|
-1.01%
|
4.59%
|
9.31%
|
5.44%
|
7.33%
|
3.21%
|
-1.03%
|
-
|
4.42%
|
6.05%
|
6.38%
|
5.92%
|
3.54%
|
-
|
3.9%
|
4.24%
|
-
|
9.66%
|
6.72%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
42,782
|
-256,255
|
-120,788
|
115,858
|
107,779
|
193,221
|
110,624
|
84,690
|
-
|
113,404
|
67,841
|
181,246
|
32,500
|
-3,464
|
-
|
79,883
|
75,479
|
155,363
|
70,987
|
42,035
|
-
|
45,750
|
51,250
|
109,000
|
124,000
|
84,500
|
-
|
-
|
-
|
Net income
1 |
31,934
|
-
|
-105,712
|
83,844
|
78,776
|
140,755
|
82,292
|
65,011
|
-
|
83,844
|
39,411
|
123,256
|
20,600
|
18,681
|
-
|
59,602
|
50,488
|
110,091
|
52,831
|
34,499
|
-
|
47,804
|
65,104
|
80,500
|
81,899
|
43,858
|
-
|
-
|
-
|
Net margin
|
1.71%
|
-
|
-7.08%
|
4.83%
|
7.47%
|
7.24%
|
7.13%
|
5.13%
|
-
|
6.69%
|
3.01%
|
4.81%
|
1.53%
|
1.37%
|
-
|
4.72%
|
3.84%
|
4.27%
|
4.1%
|
2.64%
|
-
|
3.67%
|
4.92%
|
3.06%
|
6.13%
|
3.29%
|
-
|
-
|
-
|
EPS
2 |
55.46
|
-398.8
|
-183.6
|
145.6
|
136.8
|
244.4
|
142.9
|
-
|
-
|
145.6
|
67.99
|
213.2
|
35.60
|
31.69
|
-
|
102.6
|
84.89
|
187.0
|
83.07
|
53.13
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
20.00
|
-
|
-
|
-
|
60.00
|
60.00
|
-
|
-
|
-
|
-
|
50.00
|
50.00
|
-
|
30.00
|
-
|
-
|
50.00
|
50.00
|
-
|
50.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
12/11/19
|
12/05/20
|
09/11/20
|
07/05/21
|
05/11/21
|
05/11/21
|
08/02/22
|
06/05/22
|
06/05/22
|
03/08/22
|
04/11/22
|
04/11/22
|
06/02/23
|
08/05/23
|
08/05/23
|
03/08/23
|
06/11/23
|
06/11/23
|
06/02/24
|
07/05/24
|
07/05/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: Maart |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,441,588
|
1,721,297
|
1,650,364
|
1,747,627
|
1,743,574
|
1,587,198
|
1,530,687
|
1,415,168
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.366
x
|
6.37
x
|
7.276
x
|
3.108
x
|
3.525
x
|
2.829
x
|
2.711
x
|
2.396
x
|
Free Cash Flow
1 |
-45,100
|
-130,286
|
-95,121
|
10,704
|
121,489
|
153,708
|
112,622
|
144,833
|
ROE (net income / shareholders' equity)
|
8.63%
|
-11.1%
|
-1.3%
|
15.7%
|
7.9%
|
8.6%
|
9%
|
8.47%
|
ROA (Net income/ Total Assets)
|
4.57%
|
-4.56%
|
-0.11%
|
7.82%
|
3.89%
|
4.76%
|
4.25%
|
4.1%
|
Assets
1 |
3,596,839
|
4,333,004
|
20,628,243
|
3,685,803
|
4,180,693
|
4,148,337
|
5,342,698
|
5,563,656
|
Book Value Per Share
2 |
3,345
|
2,826
|
2,916
|
3,453
|
3,650
|
3,875
|
4,062
|
4,306
|
Cash Flow per Share
2 |
624.0
|
58.80
|
372.0
|
938.0
|
746.0
|
772.0
|
664.0
|
772.0
|
Capex
1 |
312,578
|
391,356
|
342,395
|
340,935
|
325,632
|
346,111
|
352,966
|
336,694
|
Capex / Sales
|
7.89%
|
10.49%
|
10.61%
|
7.81%
|
6.18%
|
6.69%
|
6.61%
|
6.3%
|
Announcement Date
|
14/05/19
|
12/05/20
|
07/05/21
|
06/05/22
|
08/05/23
|
07/05/24
|
-
|
-
|
Last Close Price
2,348
JPY Average target price
2,728
JPY Spread / Average Target +16.17% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.79% | 37.64B | | +25.09% | 26.04B | | +9.36% | 20.29B | | -25.83% | 20.32B | | +6.50% | 19.94B | | -17.39% | 18.7B | | -21.50% | 8.59B | | -.--% | 7.93B | | +18.63% | 7.38B |
Other Steel
|