Financials New Work SE Deutsche Boerse AG

Equities

NWO

DE000NWRK013

Internet Services

Real-time Estimate Tradegate 19:39:49 27/06/2024 BST 5-day change 1st Jan Change
65.65 EUR +0.84% Intraday chart for New Work SE -0.15% -15.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,641 1,574 1,222 857.7 442.9 369.3 - -
Enterprise Value (EV) 1 1,615 1,570 1,132 819.3 402.9 325.3 307.1 287.3
P/E ratio 47.6 x 60.2 x 30.9 x 19.8 x 12 x 52.1 x 17.2 x 14.7 x
Yield 0.89% 0.93% 1.29% 4.4% 1.27% 1.54% 1.57% 2.15%
Capitalization / Revenue 6.09 x 5.69 x 4.2 x 2.74 x 1.45 x 1.35 x 1.37 x 1.35 x
EV / Revenue 5.99 x 5.68 x 3.89 x 2.61 x 1.32 x 1.19 x 1.14 x 1.05 x
EV / EBITDA 18.9 x 17.9 x 11.6 x 7.87 x 4.34 x 7.66 x 4.66 x 4.08 x
EV / FCF 36.5 x 32.8 x 27.7 x 17.2 x 12.2 x 13.8 x 9.9 x 8.41 x
FCF Yield 2.74% 3.05% 3.6% 5.83% 8.18% 7.22% 10.1% 11.9%
Price to Book 16.2 x 13.9 x 8.84 x 5.87 x 3.05 x 2.57 x 2.29 x 2.04 x
Nbr of stocks (in thousands) 5,620 5,620 5,620 5,620 5,620 5,620 - -
Reference price 2 292.0 280.0 217.5 152.6 78.80 65.60 65.60 65.60
Announcement Date 25/02/20 24/02/21 25/02/22 23/02/23 27/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 269.5 276.5 290.9 313.4 305.6 273.1 270.4 273.2
EBITDA 1 85.57 87.61 97.28 104.1 92.92 42.44 65.91 70.42
EBIT 1 47.03 31.56 52.48 66.17 48.83 10.11 31.29 36.62
Operating Margin 17.45% 11.41% 18.04% 21.12% 15.98% 3.7% 11.57% 13.4%
Earnings before Tax (EBT) 1 52.13 40.84 52.05 59.27 51.04 9.874 30.61 35.94
Net income 1 34.42 26.12 39.61 43.26 36.85 7.045 21.34 25.05
Net margin 12.77% 9.44% 13.62% 13.81% 12.06% 2.58% 7.89% 9.17%
EPS 2 6.130 4.650 7.050 7.700 6.560 1.260 3.805 4.453
Free Cash Flow 1 44.22 47.88 40.81 47.76 32.97 23.5 31.03 34.17
FCF margin 16.41% 17.32% 14.03% 15.24% 10.79% 8.6% 11.48% 12.5%
FCF Conversion (EBITDA) 51.68% 54.65% 41.95% 45.87% 35.48% 55.37% 47.08% 48.52%
FCF Conversion (Net income) 128.46% 183.34% 103.04% 110.4% 89.47% 333.58% 145.44% 136.4%
Dividend per Share 2 2.590 2.590 2.800 6.720 1.000 1.012 1.031 1.411
Announcement Date 25/02/20 24/02/21 25/02/22 23/02/23 27/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2
Net sales 1 139 78.24 75.9 - 78.68 75.9 - 75.65 78.23 153.9 68.2 68.1
EBITDA 1 52.27 18.7 25.5 - 27.8 17.9 23.1 26.67 - - - 16.6
EBIT 37.23 3.761 17.8 - - - - 20 - - - -
Operating Margin 26.79% 4.81% 23.45% - - - - 26.44% - - - -
Earnings before Tax (EBT) 37.13 3.717 - - - - - - - - - -
Net income 25.67 7.391 - 10.44 12.8 7 - - - - - -
Net margin 18.47% 9.45% - - 16.26% 9.22% - - - - - -
EPS 4.570 1.320 - - 2.280 1.250 - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 05/08/21 25/02/22 18/05/22 11/08/22 10/11/22 04/05/23 27/08/23 09/11/23 27/02/24 27/02/24 07/05/24 -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 26.5 4.06 90.1 38.4 40 44 62.2 82
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 44.2 47.9 40.8 47.8 33 23.5 31 34.2
ROE (net income / shareholders' equity) 34.5% 24.4% 31.5% 30.4% 25.3% 2.7% 14.4% 15.2%
ROA (Net income/ Total Assets) 11.7% 8.18% 11% 11.5% 10.2% 1.03% 6.88% 7.35%
Assets 1 294.1 319.2 359.6 377.6 362.8 686.7 310 341
Book Value Per Share 2 18.10 20.10 24.60 26.00 25.80 25.50 28.60 32.10
Cash Flow per Share 2 14.20 14.40 15.20 14.10 11.00 4.160 7.800 8.590
Capex 1 35.5 33.1 44.8 31.4 29.1 24.2 25.6 25.8
Capex / Sales 13.18% 11.96% 15.41% 10.03% 9.51% 8.86% 9.48% 9.44%
Announcement Date 25/02/20 24/02/21 25/02/22 23/02/23 27/02/24 - - -
1EUR in Million2EUR
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
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
4
Last Close Price
65.6 EUR
Average target price
66.62 EUR
Spread / Average Target
+1.56%
Consensus