Market Closed -
Börse Stuttgart
15:46:43 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
101.2
EUR
|
+0.95%
|
|
-0.54%
|
+29.31%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
32,840
|
50,343
|
47,707
|
46,687
|
66,542
|
84,162
|
-
|
-
|
Enterprise Value (EV)
1 |
37,775
|
54,292
|
50,466
|
51,435
|
71,645
|
88,786
|
87,442
|
86,125
|
P/E ratio
|
22.1
x
|
32.1
x
|
14.1
x
|
17.7
x
|
27.4
x
|
26.9
x
|
23.5
x
|
24.5
x
|
Yield
|
3.77%
|
2.3%
|
5.19%
|
5.8%
|
4.65%
|
3.05%
|
3.66%
|
3.22%
|
Capitalization / Revenue
|
4.51
x
|
6.3
x
|
4.36
x
|
4.65
x
|
6.72
x
|
7.63
x
|
6.92
x
|
6.97
x
|
EV / Revenue
|
5.18
x
|
6.8
x
|
4.62
x
|
5.12
x
|
7.24
x
|
8.05
x
|
7.19
x
|
7.14
x
|
EV / EBITDA
|
10.7
x
|
14
x
|
7.36
x
|
9.59
x
|
14.2
x
|
14.4
x
|
12.7
x
|
13.3
x
|
EV / FCF
|
31.4
x
|
24.8
x
|
14.8
x
|
27.7
x
|
27.9
x
|
32.4
x
|
26.1
x
|
21.6
x
|
FCF Yield
|
3.19%
|
4.04%
|
6.74%
|
3.6%
|
3.58%
|
3.09%
|
3.84%
|
4.63%
|
Price to Book
|
4.82
x
|
6.97
x
|
5.85
x
|
5.78
x
|
8.97
x
|
10.2
x
|
9.22
x
|
7.71
x
|
Nbr of stocks (in thousands)
|
781,099
|
781,113
|
781,121
|
781,139
|
781,151
|
781,156
|
-
|
-
|
Reference price
2 |
42.04
|
64.45
|
61.07
|
59.77
|
85.18
|
107.7
|
107.7
|
107.7
|
Announcement Date
|
25/02/20
|
25/01/21
|
01/02/22
|
02/02/23
|
02/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,286
|
7,985
|
10,934
|
10,048
|
9,896
|
11,029
|
12,167
|
12,070
|
EBITDA
1 |
3,527
|
3,869
|
6,853
|
5,365
|
5,030
|
6,168
|
6,909
|
6,473
|
EBIT
1 |
2,753
|
3,121
|
6,065
|
4,436
|
4,192
|
5,428
|
6,032
|
6,169
|
Operating Margin
|
37.79%
|
39.08%
|
55.47%
|
44.15%
|
42.36%
|
49.22%
|
49.58%
|
51.11%
|
Earnings before Tax (EBT)
1 |
2,426
|
2,746
|
5,697
|
4,264
|
3,956
|
4,765
|
5,580
|
6,676
|
Net income
1 |
1,486
|
1,570
|
3,387
|
2,638
|
2,425
|
3,053
|
3,283
|
3,680
|
Net margin
|
20.39%
|
19.67%
|
30.98%
|
26.26%
|
24.51%
|
27.68%
|
26.98%
|
30.49%
|
EPS
2 |
1.900
|
2.009
|
4.345
|
3.375
|
3.108
|
4.010
|
4.575
|
4.398
|
Free Cash Flow
1 |
1,204
|
2,191
|
3,400
|
1,854
|
2,564
|
2,743
|
3,354
|
3,988
|
FCF margin
|
16.53%
|
27.44%
|
31.1%
|
18.45%
|
25.92%
|
24.87%
|
27.57%
|
33.04%
|
FCF Conversion (EBITDA)
|
34.15%
|
56.64%
|
49.62%
|
34.56%
|
50.99%
|
44.47%
|
48.55%
|
61.61%
|
FCF Conversion (Net income)
|
81.06%
|
139.53%
|
100.38%
|
70.27%
|
105.74%
|
89.85%
|
102.19%
|
108.38%
|
Dividend per Share
2 |
1.584
|
1.485
|
3.167
|
3.464
|
3.959
|
3.287
|
3.941
|
3.473
|
Announcement Date
|
25/02/20
|
25/01/21
|
01/02/22
|
02/02/23
|
02/02/24
|
-
|
-
|
-
|
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 |
2,824
|
2,764
|
2,307
|
2,157
|
2,820
|
2,794
|
2,301
|
2,506
|
2,296
|
2,600
|
2,748
|
2,857
|
3,007
|
3,390
|
-
|
EBITDA
1 |
1,726
|
1,678
|
1,018
|
1,018
|
1,648
|
1,568
|
1,110
|
1,291
|
1,056
|
1,418
|
1,619
|
1,651
|
1,817
|
-
|
-
|
EBIT
1 |
1,531
|
1,470
|
808.5
|
825.9
|
1,370
|
1,354
|
900.7
|
1,069
|
868.7
|
1,190
|
1,310
|
1,456
|
1,712
|
1,630
|
-
|
Operating Margin
|
54.21%
|
53.19%
|
35.05%
|
38.29%
|
48.58%
|
48.45%
|
39.15%
|
42.67%
|
37.84%
|
45.76%
|
47.68%
|
50.96%
|
56.92%
|
48.08%
|
-
|
Earnings before Tax (EBT)
1 |
1,432
|
1,399
|
731.5
|
749.5
|
1,364
|
1,303
|
847.9
|
1,017
|
787.7
|
-
|
1,329
|
1,360
|
1,525
|
-
|
-
|
Net income
|
833
|
784.7
|
432.3
|
519
|
902.4
|
813.2
|
547.5
|
619.5
|
445
|
736
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
29.5%
|
28.39%
|
18.74%
|
24.06%
|
32%
|
29.11%
|
23.8%
|
24.72%
|
19.38%
|
28.31%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
1.069
|
1.010
|
0.5542
|
0.6631
|
1.158
|
1.039
|
0.7027
|
0.7918
|
0.5740
|
0.9402
|
0.9583
|
0.9651
|
1.063
|
0.9105
|
0.8610
|
Dividend per Share
2 |
0.9897
|
0.9897
|
0.7423
|
0.7423
|
0.9897
|
0.9897
|
0.9897
|
0.9897
|
0.9897
|
0.7918
|
0.2474
|
0.5169
|
0.5665
|
0.6069
|
-
|
Announcement Date
|
01/02/22
|
03/05/22
|
27/07/22
|
28/10/22
|
02/02/23
|
27/04/23
|
27/07/23
|
25/10/23
|
02/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,935
|
3,950
|
2,759
|
4,747
|
5,103
|
4,624
|
3,280
|
1,963
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.399
x
|
1.021
x
|
0.4026
x
|
0.8848
x
|
1.015
x
|
0.7497
x
|
0.4748
x
|
0.3033
x
|
Free Cash Flow
1 |
1,204
|
2,191
|
3,400
|
1,854
|
2,565
|
2,743
|
3,354
|
3,988
|
ROE (net income / shareholders' equity)
|
22.2%
|
22.4%
|
44.2%
|
32.5%
|
31.3%
|
41.7%
|
40.1%
|
36%
|
ROA (Net income/ Total Assets)
|
9.68%
|
9.5%
|
19.3%
|
14.8%
|
14.3%
|
17.5%
|
18.8%
|
15.1%
|
Assets
1 |
15,347
|
16,537
|
17,570
|
17,787
|
17,001
|
17,468
|
17,502
|
24,304
|
Book Value Per Share
2 |
8.720
|
9.250
|
10.40
|
10.30
|
9.500
|
10.60
|
11.70
|
14.00
|
Cash Flow per Share
2 |
2.450
|
3.560
|
5.500
|
3.590
|
4.570
|
4.830
|
6.100
|
5.910
|
Capex
1 |
708
|
592
|
892
|
949
|
1,009
|
1,059
|
1,159
|
990
|
Capex / Sales
|
9.71%
|
7.42%
|
8.16%
|
9.44%
|
10.19%
|
9.6%
|
9.52%
|
8.2%
|
Announcement Date
|
25/02/20
|
25/01/21
|
01/02/22
|
02/02/23
|
02/02/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
107.7
USD Average target price
89.58
USD Spread / Average Target -16.86% Consensus |
1st Jan change
|
Capi.
|
---|
| +14.16% | 69.81B | | -.--% | 29.63B | | +41.12% | 9.5B | | +7.19% | 8.75B | | +14.88% | 8.33B | | +3.41% | 7.74B | | -34.82% | 6.02B | | +25.79% | 5.89B | | +10.16% | 4.62B |
Other Specialty Mining & Metals
|