Market Closed -
Borsa Italiana
16:44:59 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
123.9
EUR
|
0.00%
|
|
+0.65%
|
+3.68%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,598
|
3,565
|
6,673
|
3,980
|
4,455
|
4,619
|
-
|
-
|
Enterprise Value (EV)
1 |
2,493
|
3,406
|
6,480
|
3,910
|
4,250
|
4,262
|
4,071
|
3,865
|
P/E ratio
|
22.8
x
|
28.9
x
|
44.3
x
|
20.9
x
|
23.9
x
|
21.9
x
|
19.2
x
|
17.9
x
|
Yield
|
0.75%
|
0.59%
|
0.45%
|
0.93%
|
0.84%
|
0.86%
|
1.02%
|
1.05%
|
Capitalization / Revenue
|
2.2
x
|
2.85
x
|
4.5
x
|
2.1
x
|
2.1
x
|
2.02
x
|
1.81
x
|
1.65
x
|
EV / Revenue
|
2.11
x
|
2.72
x
|
4.37
x
|
2.07
x
|
2.01
x
|
1.86
x
|
1.59
x
|
1.38
x
|
EV / EBITDA
|
13
x
|
16.4
x
|
24.7
x
|
11.5
x
|
12.1
x
|
11.7
x
|
9.85
x
|
8.79
x
|
EV / FCF
|
13.4
x
|
16
x
|
38
x
|
27.4
x
|
19.3
x
|
22
x
|
18.3
x
|
15.6
x
|
FCF Yield
|
7.47%
|
6.24%
|
2.63%
|
3.65%
|
5.19%
|
4.54%
|
5.46%
|
6.41%
|
Price to Book
|
4.45
x
|
5.28
x
|
8.22
x
|
4.12
x
|
4.01
x
|
3.6
x
|
3.11
x
|
2.74
x
|
Nbr of stocks (in thousands)
|
37,407
|
37,407
|
37,341
|
37,200
|
37,278
|
37,278
|
-
|
-
|
Reference price
2 |
69.45
|
95.30
|
178.7
|
107.0
|
119.5
|
123.9
|
123.9
|
123.9
|
Announcement Date
|
13/03/20
|
15/03/21
|
15/03/22
|
14/03/23
|
13/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,182
|
1,250
|
1,484
|
1,891
|
2,118
|
2,288
|
2,555
|
2,797
|
EBITDA
1 |
191.3
|
207.9
|
262.8
|
340.3
|
352.1
|
363.5
|
413.3
|
439.7
|
EBIT
1 |
155.3
|
169.5
|
209.3
|
285.5
|
292.7
|
298.5
|
345.9
|
386
|
Operating Margin
|
13.13%
|
13.56%
|
14.11%
|
15.1%
|
13.82%
|
13.05%
|
13.54%
|
13.8%
|
Earnings before Tax (EBT)
1 |
161.4
|
162.1
|
213.3
|
268.7
|
271.6
|
290.2
|
335.7
|
362
|
Net income
1 |
113.9
|
123.6
|
150.7
|
192.2
|
186.7
|
211.1
|
235.6
|
258.2
|
Net margin
|
9.63%
|
9.89%
|
10.16%
|
10.16%
|
8.81%
|
9.23%
|
9.22%
|
9.23%
|
EPS
2 |
3.040
|
3.300
|
4.030
|
5.130
|
5.010
|
5.651
|
6.453
|
6.904
|
Free Cash Flow
1 |
186.2
|
212.7
|
170.5
|
142.8
|
220.5
|
193.6
|
222.3
|
247.7
|
FCF margin
|
15.75%
|
17.01%
|
11.49%
|
7.55%
|
10.41%
|
8.46%
|
8.7%
|
8.86%
|
FCF Conversion (EBITDA)
|
97.33%
|
102.29%
|
64.86%
|
41.96%
|
62.63%
|
53.26%
|
53.79%
|
56.33%
|
FCF Conversion (Net income)
|
163.47%
|
172.06%
|
113.11%
|
74.3%
|
118.12%
|
91.72%
|
94.37%
|
95.91%
|
Dividend per Share
2 |
0.5200
|
0.5600
|
0.8000
|
1.000
|
1.000
|
1.060
|
1.266
|
1.300
|
Announcement Date
|
13/03/20
|
15/03/21
|
15/03/22
|
14/03/23
|
13/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
---|
Net sales
1 |
615.2
|
635
|
712.8
|
360.6
|
410.4
|
440.9
|
448.8
|
889.7
|
465.9
|
535.4
|
520.6
|
518.3
|
1,039
|
509.1
|
570
|
EBITDA
1 |
90.2
|
-
|
119.5
|
63.7
|
79.62
|
70.88
|
73.57
|
144.4
|
74.1
|
121.8
|
81.02
|
72.98
|
154
|
81.76
|
116.3
|
EBIT
1 |
74.1
|
-
|
96
|
51.54
|
61.8
|
57.66
|
62.1
|
119.8
|
60.8
|
101.9
|
65.58
|
57
|
122.6
|
63.99
|
105
|
Operating Margin
|
12.04%
|
-
|
13.47%
|
14.29%
|
15.06%
|
13.08%
|
13.84%
|
13.46%
|
13.05%
|
19.03%
|
12.6%
|
11%
|
11.8%
|
12.57%
|
18.42%
|
Earnings before Tax (EBT)
1 |
75.1
|
-
|
98.7
|
51.31
|
63.27
|
59.36
|
49.29
|
108.7
|
60.5
|
99.58
|
62.07
|
51.5
|
113.6
|
56.76
|
101.3
|
Net income
|
53.94
|
-
|
71.39
|
-
|
-
|
-
|
-
|
75.6
|
-
|
-
|
-
|
-
|
78.45
|
-
|
-
|
Net margin
|
8.77%
|
-
|
10.02%
|
-
|
-
|
-
|
-
|
8.5%
|
-
|
-
|
-
|
-
|
7.55%
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.030
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
31/07/20
|
15/03/21
|
03/08/21
|
15/11/21
|
15/03/22
|
13/05/22
|
30/07/22
|
30/07/22
|
14/11/22
|
14/03/23
|
15/05/23
|
01/08/23
|
01/08/23
|
14/11/23
|
13/03/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
105
|
159
|
193
|
70.6
|
205
|
357
|
548
|
754
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
186
|
213
|
170
|
143
|
221
|
194
|
222
|
248
|
ROE (net income / shareholders' equity)
|
21.3%
|
19.6%
|
20.2%
|
21.4%
|
17.9%
|
17.6%
|
16.9%
|
16.2%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
15.60
|
18.00
|
21.70
|
25.90
|
29.80
|
34.50
|
39.80
|
45.30
|
Cash Flow per Share
2 |
5.420
|
6.120
|
5.550
|
4.930
|
6.680
|
4.440
|
6.000
|
5.990
|
Capex
1 |
16.6
|
16.4
|
37.1
|
41.8
|
29.3
|
35.1
|
40.5
|
50.1
|
Capex / Sales
|
1.4%
|
1.31%
|
2.5%
|
2.21%
|
1.38%
|
1.54%
|
1.58%
|
1.79%
|
Announcement Date
|
13/03/20
|
15/03/21
|
15/03/22
|
14/03/23
|
13/03/24
|
-
|
-
|
-
|
Last Close Price
123.9
EUR Average target price
132.5
EUR Spread / Average Target +6.96% Consensus |