Real-time Estimate
Tradegate
19:20:47 29/05/2024 BST
|
5-day change
|
1st Jan Change
|
2.2
EUR
|
-1.08%
|
|
+5.93%
|
+12.09%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,561
|
2,863
|
1,750
|
1,108
|
1,484
|
1,672
|
-
|
-
|
Enterprise Value (EV)
1 |
5,614
|
4,431
|
3,593
|
1,844
|
2,578
|
2,912
|
2,825
|
2,662
|
P/E ratio
|
50.3
x
|
-12.4
x
|
-12.6
x
|
-3.12
x
|
-13.6
x
|
-147
x
|
40.9
x
|
21.9
x
|
Yield
|
2.16%
|
-
|
-
|
-
|
-
|
-
|
1.09%
|
1.59%
|
Capitalization / Revenue
|
0.36
x
|
0.38
x
|
0.27
x
|
0.2
x
|
0.25
x
|
0.27
x
|
0.26
x
|
0.25
x
|
EV / Revenue
|
0.57
x
|
0.59
x
|
0.56
x
|
0.34
x
|
0.44
x
|
0.48
x
|
0.44
x
|
0.4
x
|
EV / EBITDA
|
6.57
x
|
7.03
x
|
6.49
x
|
4.79
x
|
6.1
x
|
6.31
x
|
5.34
x
|
4.58
x
|
EV / FCF
|
10.9
x
|
20.6
x
|
-20.6
x
|
-3.7
x
|
-26.5
x
|
-35.4
x
|
17.5
x
|
10.6
x
|
FCF Yield
|
9.18%
|
4.84%
|
-4.86%
|
-27%
|
-3.77%
|
-2.83%
|
5.7%
|
9.41%
|
Price to Book
|
0.82
x
|
0.68
x
|
0.43
x
|
0.3
x
|
0.41
x
|
0.58
x
|
0.46
x
|
0.45
x
|
Nbr of stocks (in thousands)
|
673,851
|
674,854
|
677,045
|
677,559
|
677,553
|
687,485
|
-
|
-
|
Reference price
2 |
5.284
|
4.242
|
2.585
|
1.635
|
2.191
|
2.432
|
2.432
|
2.432
|
Announcement Date
|
10/03/20
|
16/03/21
|
20/04/22
|
28/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
9,890
|
7,564
|
6,401
|
5,442
|
5,901
|
6,104
|
6,462
|
6,701
|
EBITDA
1 |
855
|
630.4
|
554
|
385.1
|
422.7
|
461.3
|
528.9
|
581.4
|
EBIT
1 |
411
|
214.4
|
192
|
174
|
185
|
226.8
|
310.9
|
352.4
|
Operating Margin
|
4.16%
|
2.83%
|
3%
|
3.2%
|
3.14%
|
3.72%
|
4.81%
|
5.26%
|
Earnings before Tax (EBT)
1 |
148.7
|
-148.6
|
-80.6
|
-694.5
|
-62.7
|
65.5
|
192.9
|
271.2
|
Net income
1 |
72.8
|
-229.5
|
-139.5
|
-356.3
|
-110.7
|
28
|
77
|
122
|
Net margin
|
0.74%
|
-3.03%
|
-2.18%
|
-6.55%
|
-1.88%
|
0.46%
|
1.19%
|
1.82%
|
EPS
2 |
0.1050
|
-0.3410
|
-0.2060
|
-0.5240
|
-0.1610
|
-0.0165
|
0.0595
|
0.1110
|
Free Cash Flow
1 |
515.3
|
214.6
|
-174.5
|
-497.6
|
-97.2
|
-82.35
|
161.2
|
250.4
|
FCF margin
|
5.21%
|
2.84%
|
-2.73%
|
-9.14%
|
-1.65%
|
-1.35%
|
2.49%
|
3.74%
|
FCF Conversion (EBITDA)
|
60.27%
|
34.04%
|
-
|
-
|
-
|
-
|
30.47%
|
43.08%
|
FCF Conversion (Net income)
|
707.83%
|
-
|
-
|
-
|
-
|
-
|
209.29%
|
205.29%
|
Dividend per Share
2 |
0.1140
|
-
|
-
|
-
|
-
|
-
|
0.0265
|
0.0386
|
Announcement Date
|
10/03/20
|
16/03/21
|
20/04/22
|
28/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
5,102
|
4,085
|
3,479
|
3,150
|
3,250
|
2,553
|
2,889
|
2,986
|
2,914
|
EBITDA
1 |
470.9
|
304.9
|
325.5
|
261.6
|
292.4
|
184.8
|
200.3
|
201.7
|
221
|
EBIT
|
243
|
100.8
|
113.6
|
86.2
|
105.8
|
40.7
|
128
|
89.4
|
-
|
Operating Margin
|
4.76%
|
2.47%
|
3.27%
|
2.74%
|
3.26%
|
1.59%
|
4.43%
|
2.99%
|
-
|
Earnings before Tax (EBT)
1 |
86.5
|
0.9
|
-149.5
|
18.4
|
-
|
-31.5
|
-663
|
-26
|
-36.7
|
Net income
1 |
59
|
-14.9
|
-214.6
|
-11.8
|
-127.7
|
88.9
|
-440.6
|
-29.3
|
-81.4
|
Net margin
|
1.16%
|
-0.36%
|
-6.17%
|
-0.37%
|
-3.93%
|
3.48%
|
-15.25%
|
-0.98%
|
-2.79%
|
EPS
|
0.0850
|
-0.0220
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
10/03/20
|
18/08/20
|
16/03/21
|
24/08/21
|
20/04/22
|
23/08/22
|
28/03/23
|
22/08/23
|
26/03/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,053
|
1,568
|
1,843
|
736
|
1,094
|
1,240
|
1,153
|
990
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.401
x
|
2.488
x
|
3.327
x
|
1.911
x
|
2.588
x
|
2.688
x
|
2.181
x
|
1.703
x
|
Free Cash Flow
1 |
515
|
215
|
-175
|
-498
|
-97.2
|
-82.4
|
161
|
250
|
ROE (net income / shareholders' equity)
|
7%
|
3.63%
|
2.87%
|
0.99%
|
-3.01%
|
1.3%
|
4.27%
|
5.7%
|
ROA (Net income/ Total Assets)
|
2.62%
|
1.4%
|
1.22%
|
-
|
-1.44%
|
-
|
-
|
-
|
Assets
1 |
2,783
|
-16,355
|
-11,449
|
-
|
7,666
|
-
|
-
|
-
|
Book Value Per Share
2 |
6.470
|
6.190
|
6.040
|
5.480
|
5.300
|
4.170
|
5.280
|
5.360
|
Cash Flow per Share
2 |
0.8600
|
0.4500
|
-0.0900
|
-0.5300
|
0.0700
|
0.2400
|
0.4900
|
0.5800
|
Capex
1 |
147
|
88.4
|
115
|
137
|
145
|
126
|
120
|
118
|
Capex / Sales
|
1.48%
|
1.17%
|
1.8%
|
2.51%
|
2.46%
|
2.06%
|
1.86%
|
1.76%
|
Announcement Date
|
10/03/20
|
16/03/21
|
20/04/22
|
28/03/23
|
26/03/24
|
-
|
-
|
-
|
Last Close Price
2.432
USD Average target price
2.588
USD Spread / Average Target +6.42% Consensus |