Real-time Estimate
Cboe BZX
16:44:01 30/04/2024 BST
|
5-day change
|
1st Jan Change
|
103.8
USD
|
-1.20%
|
|
+0.28%
|
-5.05%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,788
|
16,068
|
25,374
|
17,712
|
13,490
|
12,973
|
-
|
-
|
Enterprise Value (EV)
1 |
12,670
|
17,657
|
29,739
|
21,652
|
16,476
|
15,356
|
14,986
|
15,191
|
P/E ratio
|
47.6
x
|
22.1
x
|
25.2
x
|
30.6
x
|
19.7
x
|
48.4
x
|
37
x
|
31.7
x
|
Yield
|
0.29%
|
0.2%
|
0.14%
|
-
|
0.26%
|
0.26%
|
0.26%
|
0.26%
|
Capitalization / Revenue
|
3.74
x
|
4.25
x
|
5
x
|
3.84
x
|
4.9
x
|
4.64
x
|
4.32
x
|
4.02
x
|
EV / Revenue
|
4.39
x
|
4.67
x
|
5.87
x
|
4.7
x
|
5.99
x
|
5.49
x
|
5
x
|
4.71
x
|
EV / EBITDA
|
19.6
x
|
14
x
|
16.2
x
|
15.2
x
|
19.7
x
|
17.9
x
|
15.9
x
|
14.7
x
|
EV / FCF
|
44.1
x
|
21.7
x
|
22.7
x
|
36.4
x
|
1,664
x
|
29.4
x
|
22.8
x
|
21.2
x
|
FCF Yield
|
2.27%
|
4.61%
|
4.41%
|
2.74%
|
0.06%
|
3.4%
|
4.38%
|
4.72%
|
Price to Book
|
3.85
x
|
4.31
x
|
3.55
x
|
-
|
1.73
x
|
1.63
x
|
1.55
x
|
1.49
x
|
Nbr of stocks (in thousands)
|
111,101
|
111,974
|
126,200
|
126,316
|
123,407
|
123,525
|
-
|
-
|
Reference price
2 |
97.10
|
143.5
|
201.1
|
140.2
|
109.3
|
105.0
|
105.0
|
105.0
|
Announcement Date
|
27/01/20
|
02/02/21
|
01/02/22
|
14/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,884
|
3,784
|
5,070
|
4,611
|
2,751
|
2,795
|
3,000
|
3,225
|
EBITDA
1 |
645.7
|
1,257
|
1,838
|
1,421
|
836.5
|
857.2
|
940.5
|
1,031
|
EBIT
1 |
596
|
1,203
|
1,771
|
1,381
|
769.9
|
782.3
|
864.3
|
952.3
|
Operating Margin
|
20.66%
|
31.8%
|
34.93%
|
29.95%
|
27.98%
|
27.99%
|
28.81%
|
29.53%
|
Earnings before Tax (EBT)
1 |
237.1
|
906.4
|
1,280
|
-
|
183
|
315.3
|
409.4
|
476.7
|
Net income
1 |
227.6
|
727.9
|
932.2
|
579.2
|
693.1
|
271.4
|
351.5
|
400.2
|
Net margin
|
7.89%
|
19.24%
|
18.39%
|
12.56%
|
25.19%
|
9.71%
|
11.72%
|
12.41%
|
EPS
2 |
2.040
|
6.490
|
7.990
|
4.580
|
5.550
|
2.170
|
2.840
|
3.313
|
Free Cash Flow
1 |
287.1
|
814.7
|
1,311
|
594.2
|
9.904
|
521.7
|
656.2
|
717.6
|
FCF margin
|
9.95%
|
21.53%
|
25.86%
|
12.89%
|
0.36%
|
18.66%
|
21.88%
|
22.25%
|
FCF Conversion (EBITDA)
|
44.47%
|
64.8%
|
71.3%
|
41.83%
|
1.18%
|
60.86%
|
69.78%
|
69.57%
|
FCF Conversion (Net income)
|
126.18%
|
111.92%
|
140.63%
|
102.59%
|
1.43%
|
192.23%
|
186.71%
|
179.31%
|
Dividend per Share
2 |
0.2800
|
0.2800
|
0.2800
|
-
|
0.2800
|
0.2762
|
0.2750
|
0.2733
|
Announcement Date
|
27/01/20
|
02/02/21
|
01/02/22
|
14/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
1,167
|
1,365
|
1,260
|
1,230
|
1,033
|
1,089
|
675.1
|
709.3
|
670.9
|
696.1
|
650.1
|
692.1
|
698.4
|
752.8
|
701.7
|
EBITDA
1 |
375
|
478.2
|
427.2
|
420.4
|
282.6
|
311.9
|
206.4
|
220.5
|
202
|
207.7
|
182.4
|
210
|
215.1
|
247.9
|
216.4
|
EBIT
1 |
358.9
|
458.7
|
409.8
|
401.9
|
271.7
|
297.8
|
189.2
|
204.3
|
184.6
|
191.8
|
165.8
|
190.8
|
195.6
|
230.4
|
188.4
|
Operating Margin
|
30.75%
|
33.62%
|
32.53%
|
32.68%
|
26.31%
|
27.35%
|
28.03%
|
28.8%
|
27.51%
|
27.55%
|
25.5%
|
27.57%
|
28.01%
|
30.6%
|
26.85%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
29.44
|
71.55
|
50.6
|
31.38
|
34.55
|
85.25
|
80.39
|
120.4
|
81.57
|
Net income
1 |
127.7
|
179.2
|
177
|
179.2
|
85.35
|
137.7
|
569.5
|
35.56
|
9.497
|
78.56
|
26.01
|
67.63
|
67.88
|
107.1
|
61.4
|
Net margin
|
10.95%
|
13.13%
|
14.05%
|
14.57%
|
8.27%
|
12.64%
|
84.36%
|
5.01%
|
1.42%
|
11.29%
|
4%
|
9.77%
|
9.72%
|
14.23%
|
8.75%
|
EPS
2 |
1.110
|
1.410
|
1.400
|
1.420
|
0.6700
|
1.090
|
4.500
|
0.2800
|
0.0800
|
0.6400
|
0.2100
|
0.5467
|
0.5400
|
0.8467
|
0.5200
|
Dividend per Share
2 |
0.0700
|
0.0700
|
0.0700
|
0.0700
|
0.0700
|
-
|
0.0700
|
0.0700
|
-
|
0.0700
|
0.0700
|
0.0700
|
0.0700
|
0.0700
|
0.0700
|
Announcement Date
|
02/11/21
|
01/02/22
|
03/05/22
|
01/08/22
|
08/11/22
|
14/02/23
|
11/05/23
|
01/08/23
|
30/10/23
|
01/02/24
|
29/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,882
|
1,589
|
4,366
|
3,940
|
2,986
|
2,384
|
2,013
|
2,219
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.915
x
|
1.264
x
|
2.375
x
|
2.773
x
|
3.57
x
|
2.781
x
|
2.141
x
|
2.151
x
|
Free Cash Flow
1 |
287
|
815
|
1,311
|
594
|
9.9
|
522
|
656
|
718
|
ROE (net income / shareholders' equity)
|
16.9%
|
22.2%
|
17.2%
|
13.8%
|
5.57%
|
7.42%
|
7.93%
|
8.59%
|
ROA (Net income/ Total Assets)
|
7.31%
|
10%
|
8.11%
|
6.9%
|
3.07%
|
4.28%
|
4.99%
|
5.93%
|
Assets
1 |
3,115
|
7,274
|
11,488
|
8,392
|
22,588
|
6,337
|
7,047
|
6,745
|
Book Value Per Share
2 |
25.20
|
33.30
|
56.60
|
-
|
63.10
|
64.30
|
67.70
|
70.60
|
Cash Flow per Share
2 |
3.260
|
7.960
|
12.10
|
5.380
|
0.7300
|
6.220
|
5.970
|
6.930
|
Capex
1 |
76.3
|
77.5
|
99.9
|
85.6
|
81.4
|
79.4
|
81.8
|
87.3
|
Capex / Sales
|
2.65%
|
2.05%
|
1.97%
|
1.86%
|
2.96%
|
2.84%
|
2.73%
|
2.71%
|
Announcement Date
|
27/01/20
|
02/02/21
|
01/02/22
|
14/02/23
|
01/02/24
|
-
|
-
|
-
|
Average target price
123.7
USD Spread / Average Target +17.82% Consensus |