Real-time Estimate
Cboe BZX
16:11:02 01/05/2024 BST
|
5-day change
|
1st Jan Change
|
13.38
USD
|
-2.80%
|
|
-13.75%
|
-12.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,806
|
1,595
|
3,681
|
2,423
|
3,324
|
2,969
|
-
|
-
|
Enterprise Value (EV)
1 |
8,916
|
7,168
|
8,097
|
6,869
|
7,558
|
7,946
|
7,908
|
6,874
|
P/E ratio
|
39.6
x
|
-6.75
x
|
247
x
|
-36.3
x
|
-12.1
x
|
-99.9
x
|
-129
x
|
-459
x
|
Yield
|
11.1%
|
14.5%
|
3.47%
|
5.51%
|
4.41%
|
5.06%
|
5.39%
|
5.55%
|
Capitalization / Revenue
|
4.43
x
|
2.03
x
|
4.34
x
|
2.82
x
|
3.76
x
|
3.3
x
|
3.4
x
|
3.39
x
|
EV / Revenue
|
10.4
x
|
9.12
x
|
9.55
x
|
8
x
|
8.55
x
|
8.84
x
|
9.05
x
|
7.86
x
|
EV / EBITDA
|
16.6
x
|
17.6
x
|
18.6
x
|
15.6
x
|
16.4
x
|
15.6
x
|
14.9
x
|
14.7
x
|
EV / FCF
|
53.3
x
|
127
x
|
45.4
x
|
-
|
55.6
x
|
61.9
x
|
60.6
x
|
-
|
FCF Yield
|
1.88%
|
0.79%
|
2.2%
|
-
|
1.8%
|
1.62%
|
1.65%
|
-
|
Price to Book
|
1.45
x
|
0.71
x
|
1.22
x
|
0.85
x
|
1.36
x
|
1.32
x
|
1.44
x
|
1.68
x
|
Nbr of stocks (in thousands)
|
141,371
|
149,472
|
213,038
|
215,146
|
215,448
|
215,750
|
-
|
-
|
Reference price
2 |
26.92
|
10.67
|
17.28
|
11.26
|
15.43
|
13.76
|
13.76
|
13.76
|
Announcement Date
|
06/02/20
|
01/02/21
|
10/02/22
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
858.9
|
786
|
847.4
|
859.2
|
884.1
|
899.2
|
873.7
|
875.1
|
EBITDA
1 |
536.9
|
407.7
|
436.5
|
441.6
|
459.9
|
509.1
|
531.3
|
467.8
|
EBIT
1 |
206.1
|
88.09
|
125.4
|
150
|
177.6
|
227.2
|
246
|
244
|
Operating Margin
|
24%
|
11.21%
|
14.79%
|
17.46%
|
20.09%
|
25.26%
|
28.15%
|
27.89%
|
Earnings before Tax (EBT)
1 |
104.1
|
-245.9
|
-52.63
|
-64.37
|
-278.6
|
-20.55
|
-3.356
|
7.965
|
Net income
1 |
96.82
|
-230.2
|
14.26
|
-66.07
|
-274.1
|
-168
|
-29.8
|
-4.748
|
Net margin
|
11.27%
|
-29.29%
|
1.68%
|
-7.69%
|
-31%
|
-18.68%
|
-3.41%
|
-0.54%
|
EPS
2 |
0.6800
|
-1.580
|
0.0700
|
-0.3100
|
-1.280
|
-0.1377
|
-0.1066
|
-0.0300
|
Free Cash Flow
1 |
167.3
|
56.53
|
178.2
|
-
|
136
|
128.5
|
130.5
|
-
|
FCF margin
|
19.47%
|
7.19%
|
21.02%
|
-
|
15.38%
|
14.29%
|
14.94%
|
-
|
FCF Conversion (EBITDA)
|
31.15%
|
13.87%
|
40.82%
|
-
|
29.57%
|
25.23%
|
24.56%
|
-
|
FCF Conversion (Net income)
|
172.75%
|
-
|
1,249.11%
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
3.000
|
1.550
|
0.6000
|
0.6200
|
0.6800
|
0.6966
|
0.7417
|
0.7640
|
Announcement Date
|
06/02/20
|
01/02/21
|
10/02/22
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
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 |
212.1
|
229.4
|
216.1
|
204.1
|
210.7
|
228.2
|
214.9
|
212.4
|
218.2
|
238.7
|
208.8
|
206.3
|
210.8
|
226.3
|
215.4
|
EBITDA
1 |
113
|
117.8
|
111.8
|
102
|
104
|
123.8
|
108.8
|
107.7
|
112.2
|
132.8
|
97.23
|
107.6
|
111
|
130.5
|
105.6
|
EBIT
1 |
37.58
|
38.16
|
38.95
|
-
|
-
|
-
|
-
|
37.35
|
41.46
|
63.01
|
28.88
|
58.11
|
60.8
|
79.45
|
-
|
Operating Margin
|
17.71%
|
16.64%
|
18.02%
|
-
|
-
|
-
|
-
|
17.59%
|
19.01%
|
26.4%
|
13.83%
|
28.17%
|
28.84%
|
35.11%
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-132.7
|
-7.084
|
-5.375
|
14.71
|
-
|
Net income
1 |
106.7
|
-17.07
|
-37.18
|
-15.38
|
-15.19
|
1.689
|
-58.73
|
-14.96
|
-262.5
|
62.18
|
-126.7
|
-15.81
|
-13.26
|
12.53
|
-21.02
|
Net margin
|
50.3%
|
-7.44%
|
-17.2%
|
-7.54%
|
-7.21%
|
0.74%
|
-27.34%
|
-7.05%
|
-120.35%
|
26.05%
|
-60.7%
|
-7.66%
|
-6.29%
|
5.54%
|
-9.76%
|
EPS
2 |
0.5000
|
-0.0800
|
-0.1700
|
-0.0700
|
-0.0700
|
0.0100
|
-0.2700
|
-0.0700
|
-1.220
|
0.2900
|
-0.5900
|
-0.0672
|
-0.0525
|
0.0755
|
-0.0550
|
Dividend per Share
2 |
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1700
|
0.1700
|
0.1700
|
0.1700
|
0.1700
|
0.1700
|
0.1700
|
0.1724
|
0.1810
|
0.1925
|
Announcement Date
|
03/11/21
|
10/02/22
|
09/05/22
|
28/07/22
|
03/11/22
|
07/02/23
|
04/05/23
|
08/08/23
|
31/10/23
|
07/02/24
|
30/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
5,110
|
5,573
|
4,416
|
4,447
|
4,233
|
4,977
|
4,940
|
3,905
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
9.518
x
|
13.67
x
|
10.12
x
|
10.07
x
|
9.204
x
|
9.775
x
|
9.298
x
|
8.349
x
|
Free Cash Flow
1 |
167
|
56.5
|
178
|
-
|
136
|
128
|
130
|
-
|
ROE (net income / shareholders' equity)
|
3.47%
|
-9.42%
|
-2.28%
|
-2.23%
|
-5.25%
|
-2.05%
|
-1.51%
|
-1.51%
|
ROA (Net income/ Total Assets)
|
1.08%
|
-2.55%
|
0.16%
|
-0.8%
|
-3.51%
|
-0.5%
|
-0.31%
|
-0.1%
|
Assets
1 |
8,940
|
9,019
|
8,766
|
8,220
|
7,804
|
33,905
|
9,629
|
4,748
|
Book Value Per Share
2 |
18.60
|
15.10
|
14.20
|
13.30
|
11.30
|
10.40
|
9.550
|
8.190
|
Cash Flow per Share
2 |
2.510
|
0.8500
|
1.450
|
1.570
|
-
|
0.5400
|
0.6800
|
0.7800
|
Capex
1 |
188
|
68.3
|
108
|
97.9
|
160
|
134
|
196
|
254
|
Capex / Sales
|
21.88%
|
8.69%
|
12.77%
|
11.4%
|
18.04%
|
14.85%
|
22.4%
|
29.06%
|
Announcement Date
|
06/02/20
|
01/02/21
|
10/02/22
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
Last Close Price
13.76
USD Average target price
16.65
USD Spread / Average Target +21.03% Consensus |
1st Jan change
|
Capi.
|
---|
| -12.57% | 2.97B | | -1.86% | 45.78B | | -13.02% | 12.56B | | -22.81% | 11.05B | | -11.61% | 10.92B | | -4.58% | 7.41B | | -4.92% | 6.66B | | -8.58% | 5.74B | | -7.84% | 5.69B | | -6.10% | 4.79B |
Retail REITs
|