Financials Meyer Burger Technology AG

Equities

MBTN

CH0108503795

Renewable Energy Equipment & Services

Market Closed - Swiss Exchange 16:31:30 26/04/2024 BST 5-day change 1st Jan Change
0.0111 CHF +5.71% Intraday chart for Meyer Burger Technology AG +8.82% -94.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 253.3 845 1,079 1,917 700.1 263.4 - -
Enterprise Value (EV) 1 245.9 705.2 1,029 1,844 700.1 724.6 808.6 609.5
P/E ratio -6.25 x -8.42 x -10.2 x -26.8 x -2.44 x -2.14 x -1.96 x 1.45 x
Yield - - - - - - - -
Capitalization / Revenue 0.97 x 9.34 x 27 x 13 x 5.18 x 0.84 x 0.47 x 0.34 x
EV / Revenue 0.94 x 7.8 x 25.8 x 12.5 x 5.18 x 2.31 x 1.44 x 0.79 x
EV / EBITDA -18.2 x -15.8 x -14.2 x -53.3 x -4.28 x -12 x 45.3 x 5.56 x
EV / FCF -2.72 x -12.7 x -5.3 x -83.9 x - -10.3 x -7.37 x -11.5 x
FCF Yield -36.8% -7.89% -18.9% -1.19% - -9.69% -13.6% -8.66%
Price to Book 1.44 x 1.98 x 4 x 3.49 x - 0.4 x 0.39 x 0.18 x
Nbr of stocks (in thousands) 675,563 2,508,833 2,650,756 3,579,071 3,581,218 23,728,886 - -
Reference price 2 0.3750 0.3368 0.4070 0.5355 0.1955 0.0111 0.0111 0.0111
Announcement Date 12/03/20 10/03/21 24/03/22 23/03/23 14/03/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 262 90.46 39.9 147.2 135 313.4 563.4 770.6
EBITDA 1 -13.5 -44.6 -72.47 -34.63 -163.6 -60.34 17.83 109.5
EBIT 1 -28.6 -58.08 -85.54 -53.59 -250.2 -98.74 -42.75 19.79
Operating Margin -10.92% -64.21% -214.35% -36.41% -185.27% -31.5% -7.59% 2.57%
Earnings before Tax (EBT) 1 -35.51 -64.21 -99.4 -70.04 -292.8 -100.8 -115.5 -57.04
Net income 1 -39.7 -64.48 -100.5 -69.85 -291.9 -107.1 -32.86 52.25
Net margin -15.15% -71.28% -251.82% -47.45% -216.19% -34.18% -5.83% 6.78%
EPS 2 -0.0600 -0.0400 -0.0400 -0.0200 -0.0800 -0.005190 -0.005670 0.007670
Free Cash Flow 1 -90.39 -55.65 -194 -21.97 - -70.2 -109.8 -52.79
FCF margin -34.5% -61.52% -486.25% -14.93% - -22.4% -19.48% -6.85%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 12/03/20 10/03/21 24/03/22 23/03/23 14/03/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 S2 2022 S1 2022 Q3 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 51.02 17.97 21.94 56.7 - 90.51 96.86 38.17 97.19 170
EBITDA -27.49 -30.92 -41.55 -24.43 - - -43.31 - - -
EBIT -32.32 -34.11 -51.42 -32.67 - -20.92 -56.12 - - -
Operating Margin -63.36% -189.88% -234.4% -57.63% - -23.11% -57.94% - - -
Earnings before Tax (EBT) - - -64.46 -41.01 - -29.02 - - - -
Net income -38.62 -37.23 -63.26 -41.01 - -28.84 -64.76 - - -
Net margin -75.71% -207.21% -288.34% -72.33% - -31.86% -66.86% - - -
EPS 1 -0.0600 -0.0100 - -0.0200 -0.0800 - -0.0200 - - -
Dividend per Share - - - - - - - - - -
Announcement Date 13/08/20 19/08/21 24/03/22 18/08/22 10/11/22 23/03/23 17/08/23 14/03/24 - -
1CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 461 545 346
Net Cash position 1 7.47 140 50.2 72.3 - - - -
Leverage (Debt/EBITDA) - - - - - -7.644 x 30.58 x 3.159 x
Free Cash Flow 1 -90.4 -55.7 -194 -22 - -70.2 -110 -52.8
ROE (net income / shareholders' equity) -22.2% -30.1% -38.6% -20.2% - -168% 21.2% 19.4%
ROA (Net income/ Total Assets) -12.7% -22.9% - -11.5% - -23.6% -13% -
Assets 1 311.9 281.6 - 606.6 - 454.2 253.1 -
Book Value Per Share 2 0.2600 0.1700 0.1000 0.1500 - 0.0300 0.0300 0.0600
Cash Flow per Share 2 -0.1300 -0.0200 -0.0300 0.0400 - -0.0100 -0.0300 -
Capex 1 7.13 20.7 110 122 - 270 136 114
Capex / Sales 2.72% 22.91% 275.58% 82.87% - 86.28% 24.18% 14.84%
Announcement Date 12/03/20 10/03/21 24/03/22 23/03/23 14/03/24 - - -
1CHF in Million2CHF
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
0.0111 CHF
Average target price
0.1 CHF
Spread / Average Target
+800.90%
Consensus
  1. Stock Market
  2. Equities
  3. MBTN Stock
  4. Financials Meyer Burger Technology AG