Real-time Estimate
Tradegate
09:01:38 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
14.87
EUR
|
+1.02%
|
|
-0.54%
|
+10.07%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
20,598
|
12,646
|
15,517
|
20,454
|
17,174
|
17,912
|
-
|
-
|
Enterprise Value (EV)
1 |
28,681
|
19,424
|
21,279
|
22,710
|
19,270
|
21,444
|
22,113
|
22,433
|
P/E ratio
|
-5.62
x
|
-3.87
x
|
6.36
x
|
5.02
x
|
5.47
x
|
4.89
x
|
5.32
x
|
4.87
x
|
Yield
|
6.58%
|
11.1%
|
6.04%
|
4.71%
|
-
|
6.1%
|
6.71%
|
7.25%
|
Capitalization / Revenue
|
0.42
x
|
0.38
x
|
0.31
x
|
0.27
x
|
0.29
x
|
0.3
x
|
0.32
x
|
0.31
x
|
EV / Revenue
|
0.59
x
|
0.59
x
|
0.43
x
|
0.3
x
|
0.33
x
|
0.36
x
|
0.4
x
|
0.39
x
|
EV / EBITDA
|
3.98
x
|
4.76
x
|
3.01
x
|
1.66
x
|
1.95
x
|
2.35
x
|
2.52
x
|
2.49
x
|
EV / FCF
|
17.7
x
|
22.8
x
|
7.67
x
|
4.36
x
|
13.5
x
|
13.1
x
|
14
x
|
12.5
x
|
FCF Yield
|
5.66%
|
4.39%
|
13%
|
22.9%
|
7.42%
|
7.61%
|
7.16%
|
8.03%
|
Price to Book
|
0.85
x
|
0.64
x
|
0.71
x
|
0.78
x
|
-
|
0.62
x
|
0.57
x
|
0.52
x
|
Nbr of stocks (in thousands)
|
1,478,674
|
1,532,895
|
1,486,902
|
1,377,396
|
1,276,860
|
1,216,817
|
-
|
-
|
Reference price
2 |
13.93
|
8.250
|
10.44
|
14.85
|
13.45
|
14.72
|
14.72
|
14.72
|
Announcement Date
|
20/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
49,006
|
32,956
|
49,480
|
74,828
|
58,538
|
59,015
|
55,964
|
56,958
|
EBITDA
1 |
7,201
|
4,084
|
7,071
|
13,710
|
9,864
|
9,141
|
8,765
|
9,011
|
EBIT
1 |
3,661
|
1,135
|
4,372
|
10,648
|
7,250
|
6,617
|
5,900
|
6,017
|
Operating Margin
|
7.47%
|
3.44%
|
8.84%
|
14.23%
|
12.39%
|
11.21%
|
10.54%
|
10.56%
|
Earnings before Tax (EBT)
1 |
-3,201
|
-3,304
|
4,329
|
7,180
|
4,365
|
5,996
|
5,644
|
5,715
|
Net income
1 |
-3,816
|
-3,289
|
2,499
|
4,251
|
3,168
|
3,727
|
3,261
|
3,294
|
Net margin
|
-7.79%
|
-9.98%
|
5.05%
|
5.68%
|
5.41%
|
6.32%
|
5.83%
|
5.78%
|
EPS
2 |
-2.480
|
-2.130
|
1.640
|
2.960
|
2.460
|
3.007
|
2.766
|
3.020
|
Free Cash Flow
1 |
1,622
|
852
|
2,775
|
5,211
|
1,430
|
1,631
|
1,583
|
1,801
|
FCF margin
|
3.31%
|
2.59%
|
5.61%
|
6.96%
|
2.44%
|
2.76%
|
2.83%
|
3.16%
|
FCF Conversion (EBITDA)
|
22.52%
|
20.86%
|
39.24%
|
38.01%
|
14.5%
|
17.85%
|
18.07%
|
19.98%
|
FCF Conversion (Net income)
|
-
|
-
|
111.04%
|
122.58%
|
45.14%
|
43.76%
|
48.56%
|
54.67%
|
Dividend per Share
2 |
0.9160
|
0.9160
|
0.6300
|
0.7000
|
-
|
0.8974
|
0.9873
|
1.068
|
Announcement Date
|
20/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
|
15,405
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
14,701
|
-
|
-
|
-
|
-
|
-
|
-
|
EBITDA
1 |
2,352
|
-
|
2,456
|
3,902
|
-
|
3,609
|
3,743
|
3,061
|
1,921
|
-
|
2,426
|
2,456
|
2,144
|
2,494
|
2,413
|
2,413
|
2,381
|
2,361
|
EBIT
1 |
1,606
|
-
|
1,814
|
3,080
|
4,894
|
2,761
|
2,993
|
2,802
|
1,132
|
3,934
|
1,675
|
1,641
|
1,754
|
1,671
|
1,579
|
1,607
|
1,610
|
1,582
|
Operating Margin
|
10.43%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
11.16%
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
1,148
|
-
|
2,171
|
-
|
-
|
2,359
|
1,342
|
-
|
610
|
-
|
1,911
|
17
|
1,484
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
560
|
-
|
1,392
|
1,147
|
-
|
683
|
1,029
|
1,112
|
308
|
-
|
1,365
|
383
|
969
|
1,042
|
879
|
825.5
|
866.2
|
904.2
|
Net margin
|
3.64%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.61%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.3700
|
-
|
0.9400
|
-
|
-
|
0.4700
|
0.7500
|
0.8500
|
0.2300
|
-
|
1.070
|
0.3000
|
0.7900
|
0.9796
|
0.7592
|
0.7076
|
0.7767
|
0.8205
|
Dividend per Share
2 |
0.3290
|
0.3290
|
-
|
0.3300
|
-
|
-
|
0.3700
|
0.3750
|
-
|
-
|
-
|
-
|
-
|
0.4468
|
-
|
0.5273
|
-
|
0.4907
|
Announcement Date
|
17/02/22
|
17/02/22
|
28/04/22
|
28/07/22
|
28/07/22
|
27/10/22
|
16/02/23
|
27/04/23
|
27/07/23
|
27/07/23
|
26/10/23
|
22/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,083
|
6,778
|
5,762
|
2,256
|
2,096
|
3,533
|
4,201
|
4,521
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.122
x
|
1.66
x
|
0.8149
x
|
0.1646
x
|
0.2125
x
|
0.3865
x
|
0.4793
x
|
0.5018
x
|
Free Cash Flow
1 |
1,622
|
852
|
2,775
|
5,211
|
1,430
|
1,631
|
1,583
|
1,801
|
ROE (net income / shareholders' equity)
|
7.35%
|
2.65%
|
11.7%
|
27.9%
|
19.5%
|
13.7%
|
11.5%
|
11.1%
|
ROA (Net income/ Total Assets)
|
3.44%
|
1.12%
|
4.73%
|
7.32%
|
8.24%
|
6.14%
|
5.23%
|
4.66%
|
Assets
1 |
-110,885
|
-293,818
|
52,778
|
58,109
|
38,437
|
60,730
|
62,339
|
70,644
|
Book Value Per Share
2 |
16.30
|
12.90
|
14.60
|
19.10
|
-
|
23.70
|
25.70
|
28.10
|
Cash Flow per Share
2 |
3.130
|
1.770
|
3.070
|
6.210
|
5.490
|
6.030
|
5.710
|
6.390
|
Capex
1 |
3,227
|
1,886
|
1,902
|
3,535
|
4,289
|
5,068
|
4,982
|
5,153
|
Capex / Sales
|
6.58%
|
5.72%
|
3.84%
|
4.72%
|
7.33%
|
8.59%
|
8.9%
|
9.05%
|
Announcement Date
|
20/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Last Close Price
14.72
EUR Average target price
17.58
EUR Spread / Average Target +19.44% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.07% | 19.12B | | +13.23% | 221B | | +14.43% | 103B | | +33.72% | 71.49B | | +13.72% | 64.2B | | +27.54% | 54.22B | | +27.93% | 37.8B | | +36.70% | 28.33B | | -11.77% | 20.79B | | -31.88% | 18.17B |
Other Oil & Gas Refining and Marketing
|