Real-time Estimate
Tradegate
10:43:44 30/04/2024 BST
|
5-day change
|
1st Jan Change
|
21.8
EUR
|
+1.14%
|
|
-16.60%
|
-32.13%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
23,814
|
45,425
|
33,299
|
33,043
|
24,744
|
16,563
|
-
|
-
|
Enterprise Value (EV)
1 |
23,623
|
45,160
|
33,340
|
34,387
|
27,232
|
19,189
|
18,596
|
18,068
|
P/E ratio
|
13.3
x
|
63.6
x
|
18.9
x
|
17.5
x
|
17.2
x
|
11.5
x
|
8.87
x
|
8.27
x
|
Yield
|
3.29%
|
1.35%
|
1.89%
|
3.53%
|
3.73%
|
5.7%
|
5.81%
|
5.68%
|
Capitalization / Revenue
|
1.5
x
|
3.87
x
|
2.2
x
|
1.29
x
|
1.08
x
|
0.78
x
|
0.7
x
|
0.68
x
|
EV / Revenue
|
1.49
x
|
3.84
x
|
2.2
x
|
1.34
x
|
1.19
x
|
0.91
x
|
0.79
x
|
0.75
x
|
EV / EBITDA
|
9.59
x
|
21.5
x
|
17.4
x
|
9.72
x
|
7.87
x
|
6.89
x
|
5.59
x
|
5.3
x
|
EV / FCF
|
26.6
x
|
34.9
x
|
32.8
x
|
-63
x
|
40.5
x
|
17.7
x
|
12.9
x
|
10
x
|
FCF Yield
|
3.76%
|
2.87%
|
3.05%
|
-1.59%
|
2.47%
|
5.64%
|
7.74%
|
10%
|
Price to Book
|
4.02
x
|
7.66
x
|
4.77
x
|
3.97
x
|
2.92
x
|
1.86
x
|
1.69
x
|
1.51
x
|
Nbr of stocks (in thousands)
|
767,684
|
767,837
|
767,969
|
768,083
|
768,200
|
768,216
|
-
|
-
|
Reference price
2 |
31.02
|
59.16
|
43.36
|
43.02
|
32.21
|
21.56
|
21.56
|
21.56
|
Announcement Date
|
07/02/20
|
05/02/21
|
10/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
15,840
|
11,751
|
15,148
|
25,707
|
22,926
|
21,185
|
23,641
|
24,245
|
EBITDA
1 |
2,464
|
2,096
|
1,920
|
3,537
|
3,458
|
2,784
|
3,330
|
3,409
|
EBIT
1 |
1,962
|
1,416
|
1,342
|
2,899
|
2,592
|
1,778
|
2,382
|
2,454
|
Operating Margin
|
12.39%
|
12.05%
|
8.86%
|
11.28%
|
11.31%
|
8.39%
|
10.08%
|
10.12%
|
Earnings before Tax (EBT)
1 |
2,067
|
786
|
1,962
|
2,279
|
1,596
|
1,683
|
2,071
|
2,234
|
Net income
1 |
1,789
|
712
|
1,771
|
1,888
|
1,433
|
1,444
|
1,893
|
2,036
|
Net margin
|
11.29%
|
6.06%
|
11.69%
|
7.34%
|
6.25%
|
6.82%
|
8.01%
|
8.4%
|
EPS
2 |
2.330
|
0.9300
|
2.300
|
2.460
|
1.870
|
1.871
|
2.430
|
2.607
|
Free Cash Flow
1 |
889
|
1,295
|
1,017
|
-546
|
672
|
1,083
|
1,438
|
1,807
|
FCF margin
|
5.61%
|
11.02%
|
6.71%
|
-2.12%
|
2.93%
|
5.11%
|
6.08%
|
7.45%
|
FCF Conversion (EBITDA)
|
36.08%
|
61.78%
|
52.97%
|
-
|
19.43%
|
38.89%
|
43.2%
|
53%
|
FCF Conversion (Net income)
|
49.69%
|
181.88%
|
57.43%
|
-
|
46.89%
|
74.99%
|
75.98%
|
88.77%
|
Dividend per Share
2 |
1.020
|
0.8000
|
0.8200
|
1.520
|
1.200
|
1.228
|
1.252
|
1.225
|
Announcement Date
|
07/02/20
|
05/02/21
|
10/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
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 |
4,968
|
5,523
|
7,039
|
6,583
|
6,562
|
5,298
|
5,351
|
5,973
|
6,303
|
4,801
|
3,707
|
5,465
|
5,976
|
5,676
|
5,756
|
EBITDA
1 |
591
|
578
|
1,085
|
979
|
894
|
830
|
784
|
1,047
|
797
|
551
|
541.9
|
772.6
|
808.4
|
770.6
|
840.1
|
EBIT
1 |
432
|
424
|
927
|
812
|
734
|
652
|
572
|
827
|
540
|
309
|
262.2
|
533.3
|
637.3
|
506.1
|
568.1
|
Operating Margin
|
8.7%
|
7.68%
|
13.17%
|
12.33%
|
11.19%
|
12.31%
|
10.69%
|
13.85%
|
8.57%
|
6.44%
|
7.07%
|
9.76%
|
10.66%
|
8.92%
|
9.87%
|
Earnings before Tax (EBT)
1 |
500
|
736
|
750
|
231
|
563
|
276
|
295
|
618
|
407
|
189
|
154
|
450
|
508
|
330
|
361
|
Net income
1 |
457
|
640
|
600
|
136
|
514
|
238
|
259
|
538
|
400
|
162
|
257.2
|
398.1
|
414.3
|
407.8
|
468
|
Net margin
|
9.2%
|
11.59%
|
8.52%
|
2.07%
|
7.83%
|
4.49%
|
4.84%
|
9.01%
|
6.35%
|
3.37%
|
6.94%
|
7.29%
|
6.93%
|
7.19%
|
8.13%
|
EPS
2 |
0.5900
|
0.8300
|
0.7800
|
0.1800
|
0.6700
|
0.3100
|
0.3400
|
0.7000
|
0.5200
|
0.2100
|
0.2700
|
0.5700
|
0.6450
|
0.5700
|
0.6000
|
Dividend per Share
2 |
0.8200
|
0.4100
|
0.2440
|
-
|
1.520
|
-
|
-
|
-
|
-
|
-
|
0.4000
|
-
|
0.8400
|
-
|
0.3150
|
Announcement Date
|
10/02/22
|
29/04/22
|
28/07/22
|
27/10/22
|
08/02/23
|
28/04/23
|
27/07/23
|
26/10/23
|
08/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
41
|
1,344
|
2,488
|
2,627
|
2,033
|
1,505
|
Net Cash position
1 |
191
|
265
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
0.0214
x
|
0.38
x
|
0.7195
x
|
0.9434
x
|
0.6106
x
|
0.4415
x
|
Free Cash Flow
1 |
889
|
1,295
|
1,017
|
-546
|
672
|
1,083
|
1,438
|
1,807
|
ROE (net income / shareholders' equity)
|
29.7%
|
20.8%
|
28.5%
|
25.1%
|
17.9%
|
16.4%
|
20.7%
|
19.2%
|
ROA (Net income/ Total Assets)
|
17.4%
|
7.26%
|
15.9%
|
13.8%
|
9.28%
|
9.57%
|
11.9%
|
12.1%
|
Assets
1 |
10,304
|
9,804
|
11,116
|
13,667
|
15,450
|
15,083
|
15,880
|
16,825
|
Book Value Per Share
2 |
7.710
|
7.720
|
9.090
|
10.80
|
11.00
|
11.60
|
12.80
|
14.30
|
Cash Flow per Share
2 |
1.900
|
2.680
|
2.590
|
1.560
|
2.850
|
3.160
|
3.640
|
4.100
|
Capex
1 |
567
|
972
|
977
|
1,743
|
1,607
|
1,501
|
1,348
|
1,090
|
Capex / Sales
|
3.58%
|
8.27%
|
6.45%
|
6.78%
|
7.01%
|
7.09%
|
5.7%
|
4.5%
|
Announcement Date
|
07/02/20
|
05/02/21
|
10/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Last Close Price
21.56
EUR Average target price
33.9
EUR Spread / Average Target +57.21% Consensus |
1st Jan change
|
Capi.
|
---|
| -32.13% | 17.75B | | +13.91% | 223B | | +12.77% | 108B | | +15.40% | 98.71B | | +35.15% | 72.25B | | +13.82% | 64.25B | | +28.85% | 54.78B | | +28.80% | 38.16B | | +31.15% | 29.17B | | -10.04% | 21.22B |
Other Oil & Gas Refining and Marketing
|