Real-time Estimate
Cboe BZX
14:31:05 01/05/2024 BST
|
5-day change
|
1st Jan Change
|
49.3
USD
|
+0.44%
|
|
-10.11%
|
-12.56%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,575
|
2,594
|
3,811
|
2,454
|
3,742
|
3,453
|
-
|
-
|
Enterprise Value (EV)
1 |
1,575
|
2,594
|
3,811
|
2,454
|
3,742
|
3,453
|
3,453
|
3,453
|
P/E ratio
|
16.9
x
|
15.9
x
|
11.7
x
|
17.9
x
|
-156
x
|
45.9
x
|
20.5
x
|
-
|
Yield
|
6.3%
|
3.08%
|
3.76%
|
6.25%
|
4.28%
|
4.84%
|
5.46%
|
5.35%
|
Capitalization / Revenue
|
2.11
x
|
2.75
x
|
2.45
x
|
2.53
x
|
4.35
x
|
3.2
x
|
2.57
x
|
2.22
x
|
EV / Revenue
|
2.11
x
|
2.75
x
|
2.45
x
|
2.53
x
|
4.35
x
|
3.2
x
|
2.57
x
|
2.22
x
|
EV / EBITDA
|
13.1
x
|
9.59
x
|
7.57
x
|
11.4
x
|
-174
x
|
30.3
x
|
11.9
x
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
4.35
x
|
3.14
x
|
8.01
x
|
-
|
10.6
x
|
9.96
x
|
8.89
x
|
8.01
x
|
Nbr of stocks (in thousands)
|
49,354
|
55,466
|
60,967
|
63,966
|
66,667
|
70,357
|
-
|
-
|
Reference price
2 |
31.92
|
46.76
|
62.51
|
38.37
|
56.13
|
49.08
|
49.08
|
49.08
|
Announcement Date
|
05/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
746.5
|
943.3
|
1,558
|
970.2
|
860.1
|
1,079
|
1,346
|
1,554
|
EBITDA
1 |
120.6
|
270.4
|
503.2
|
215.9
|
-21.54
|
114.1
|
291.4
|
-
|
EBIT
1 |
115.6
|
264.6
|
495.9
|
208
|
-29.86
|
93.77
|
268.8
|
-
|
Operating Margin
|
15.49%
|
28.05%
|
31.83%
|
21.44%
|
-3.47%
|
8.69%
|
19.97%
|
-
|
Earnings before Tax (EBT)
|
-
|
270.1
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
105.1
|
178.8
|
365.2
|
150.3
|
-24.7
|
83.7
|
197.1
|
-
|
Net margin
|
14.08%
|
18.96%
|
23.44%
|
15.5%
|
-2.87%
|
7.75%
|
14.64%
|
-
|
EPS
2 |
1.890
|
2.950
|
5.340
|
2.140
|
-0.3600
|
1.070
|
2.400
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
2.010
|
1.442
|
2.350
|
2.400
|
2.400
|
2.377
|
2.680
|
2.623
|
Announcement Date
|
05/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
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 |
417.3
|
298.2
|
237.4
|
232.4
|
202.1
|
185.3
|
182.2
|
277.7
|
214.9
|
217.5
|
231.8
|
281.9
|
332.9
|
276.4
|
292.8
|
EBITDA
1 |
155.3
|
91.47
|
64.04
|
36.12
|
32.59
|
-1.839
|
-4.858
|
-11.78
|
-3.057
|
9.321
|
11.8
|
30.3
|
62.7
|
47.7
|
56.4
|
EBIT
1 |
153.1
|
89.43
|
62.2
|
34.2
|
30.41
|
-3.912
|
-6.794
|
-13.8
|
-5.351
|
6.946
|
11.21
|
31.89
|
53.67
|
38.96
|
51.05
|
Operating Margin
|
36.69%
|
29.99%
|
26.2%
|
14.72%
|
15.04%
|
-2.11%
|
-3.73%
|
-4.97%
|
-2.49%
|
3.19%
|
4.84%
|
11.31%
|
16.12%
|
14.1%
|
17.44%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
10.03
|
12.7
|
32
|
-
|
-
|
-
|
Net income
1 |
99.05
|
65.72
|
38.96
|
25.61
|
20.06
|
3.666
|
-11.97
|
-10.73
|
-5.66
|
16.57
|
7.6
|
19.3
|
40.3
|
36.6
|
37.3
|
Net margin
|
23.74%
|
22.04%
|
16.41%
|
11.02%
|
9.92%
|
1.98%
|
-6.57%
|
-3.87%
|
-2.63%
|
7.62%
|
3.28%
|
6.85%
|
12.11%
|
13.24%
|
12.74%
|
EPS
2 |
1.410
|
0.9400
|
0.5600
|
0.3700
|
0.2800
|
0.0500
|
-0.1700
|
-0.1600
|
-0.0800
|
0.2200
|
0.1000
|
0.2500
|
0.5100
|
0.4500
|
0.4600
|
Dividend per Share
2 |
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
-
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
0.6000
|
Announcement Date
|
09/02/22
|
27/04/22
|
27/07/22
|
02/11/22
|
08/02/23
|
26/04/23
|
26/07/23
|
02/11/23
|
07/02/24
|
24/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
31.7%
|
38.8%
|
84.7%
|
-
|
-3.75%
|
25.5%
|
54.3%
|
58.6%
|
ROA (Net income/ Total Assets)
|
13.5%
|
15.8%
|
29.8%
|
-
|
-1.25%
|
9.28%
|
18.8%
|
-
|
Assets
1 |
777.8
|
1,134
|
1,225
|
-
|
1,980
|
901.9
|
1,048
|
-
|
Book Value Per Share
2 |
7.330
|
14.90
|
7.810
|
-
|
5.290
|
4.930
|
5.520
|
6.130
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
05/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
49.08
USD Average target price
52
USD Spread / Average Target +5.95% Consensus |
1st Jan change
|
Capi.
|
---|
| -12.56% | 3.45B | | -11.19% | 33.74B | | -10.46% | 12.74B | | +7.39% | 9.43B | | +6.32% | 8.81B | | +11.96% | 3.49B | | +2.18% | 3.42B | | +5.33% | 2.93B | | -0.52% | 2.86B | | -7.24% | 2.28B |
Investment Banking
|