Financials Mühlbauer Holding AG BOERSE MUENCHEN

Equities

MUB

DE0006627201

Semiconductor Equipment & Testing

Real-time BOERSE MUENCHEN 20:44:18 02/07/2024 BST 5-day change 1st Jan Change
55.5 EUR 0.00% Intraday chart for Mühlbauer Holding AG +1.83% -0.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 551.9 533.7 556.4 784.4 856.1 801.8
Enterprise Value (EV) 1 465.3 451.3 450.7 677.1 777.8 753.4
P/E ratio 12.5 x 12 x 16.1 x 13.3 x -284 x 16.6 x
Yield 3.92% 4.02% 3.85% 2.73% 1.66% 1.77%
Capitalization / Revenue 2 x 1.82 x 1.97 x 2.29 x 2.64 x 1.73 x
EV / Revenue 1.69 x 1.54 x 1.59 x 1.97 x 2.4 x 1.62 x
EV / EBITDA 7.75 x 7.39 x 8.11 x 8.28 x 30.8 x 8.28 x
EV / FCF 16.7 x -81.5 x 10.1 x 41.9 x 99.4 x -21.1 x
FCF Yield 5.98% -1.23% 9.87% 2.39% 1.01% -4.73%
Price to Book 3.06 x 2.64 x 2.64 x 3.13 x 3.81 x 3.14 x
Nbr of stocks (in thousands) 14,409 14,309 14,266 14,262 14,220 14,192
Reference price 2 38.30 37.30 39.00 55.00 60.20 56.50
Announcement Date 26/06/19 30/06/20 12/05/21 01/07/22 23/06/23 21/06/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 275.6 292.7 283.1 343.1 324.5 464.4
EBITDA 1 60.07 61.07 55.55 81.8 25.24 90.95
EBIT 1 47.99 47.6 41.06 65.55 -0.0932 62.64
Operating Margin 17.42% 16.26% 14.51% 19.1% -0.03% 13.49%
Earnings before Tax (EBT) 1 55.54 65.23 42.48 76.22 7.683 65.99
Net income 1 44.16 44.65 34.66 58.93 -3.015 48.41
Net margin 16.03% 15.25% 12.24% 17.18% -0.93% 10.42%
EPS 2 3.072 3.117 2.425 4.133 -0.2121 3.411
Free Cash Flow 1 27.85 -5.541 44.5 16.17 7.828 -35.67
FCF margin 10.11% -1.89% 15.72% 4.71% 2.41% -7.68%
FCF Conversion (EBITDA) 46.36% - 80.11% 19.77% 31.02% -
FCF Conversion (Net income) 63.05% - 128.41% 27.44% - -
Dividend per Share 2 1.500 1.500 1.500 1.500 1.000 1.000
Announcement Date 26/06/19 30/06/20 12/05/21 01/07/22 23/06/23 21/06/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 86.6 82.4 106 107 78.2 48.5
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 27.8 -5.54 44.5 16.2 7.83 -35.7
ROE (net income / shareholders' equity) 26% 23.4% 16.8% 25.6% -1.27% 20.2%
ROA (Net income/ Total Assets) 11% 9.27% 6.98% 9.84% -0.01% 6.73%
Assets 1 402.1 481.6 496.2 598.8 25,771 719.2
Book Value Per Share 2 12.50 14.10 14.80 17.60 15.80 18.00
Cash Flow per Share 2 6.030 5.760 7.400 6.910 5.510 3.410
Capex 1 7.39 20.7 22 44.9 34.3 56.3
Capex / Sales 2.68% 7.07% 7.77% 13.09% 10.57% 12.12%
Announcement Date 26/06/19 30/06/20 12/05/21 01/07/22 23/06/23 21/06/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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