Real-time Estimate
Cboe Europe
16:20:05 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
204.5
GBX
|
+1.49%
|
|
-0.44%
|
+4.76%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,284
|
1,331
|
1,204
|
1,361
|
1,492
|
1,544
|
-
|
-
|
Enterprise Value (EV)
1 |
2,437
|
1,609
|
1,276
|
1,372
|
1,362
|
1,228
|
1,073
|
976.8
|
P/E ratio
|
34.3
x
|
14
x
|
218
x
|
13.4
x
|
21
x
|
8.96
x
|
7.81
x
|
7.24
x
|
Yield
|
4.12%
|
3.19%
|
6.22%
|
7.11%
|
7.58%
|
7.32%
|
7.85%
|
8.21%
|
Capitalization / Revenue
|
1.25
x
|
0.74
x
|
0.65
x
|
0.64
x
|
0.68
x
|
0.68
x
|
0.66
x
|
0.64
x
|
EV / Revenue
|
1.33
x
|
0.9
x
|
0.68
x
|
0.65
x
|
0.62
x
|
0.54
x
|
0.46
x
|
0.41
x
|
EV / EBITDA
|
7.13
x
|
4.7
x
|
4.05
x
|
3.84
x
|
3.65
x
|
3.23
x
|
2.69
x
|
2.35
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
6.33
x
|
5.82
x
|
4.6
x
|
3.88
x
|
FCF Yield
|
-
|
-
|
-
|
-
|
15.8%
|
17.2%
|
21.7%
|
25.8%
|
Price to Book
|
1.34
x
|
0.79
x
|
0.59
x
|
0.64
x
|
0.74
x
|
0.74
x
|
0.72
x
|
0.69
x
|
Nbr of stocks (in thousands)
|
558,801
|
558,801
|
788,671
|
779,861
|
763,884
|
766,389
|
-
|
-
|
Reference price
2 |
4.087
|
2.382
|
1.527
|
1.745
|
1.953
|
2.015
|
2.015
|
2.015
|
Announcement Date
|
10/03/20
|
09/03/21
|
15/03/22
|
14/03/23
|
12/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,833
|
1,794
|
1,865
|
2,115
|
2,191
|
2,255
|
2,332
|
2,404
|
EBITDA
1 |
342
|
342
|
315
|
357
|
373
|
379.9
|
398.2
|
416.3
|
EBIT
1 |
279
|
272
|
233
|
275
|
300
|
305.6
|
317.9
|
329
|
Operating Margin
|
15.22%
|
15.16%
|
12.49%
|
13%
|
13.69%
|
13.55%
|
13.63%
|
13.69%
|
Earnings before Tax (EBT)
1 |
93
|
129
|
24
|
113
|
96
|
226
|
252.7
|
273.6
|
Net income
1 |
67
|
96
|
5
|
103
|
74
|
165.3
|
187.5
|
195.7
|
Net margin
|
3.66%
|
5.35%
|
0.27%
|
4.87%
|
3.38%
|
7.33%
|
8.04%
|
8.14%
|
EPS
2 |
0.1190
|
0.1700
|
0.007000
|
0.1300
|
0.0930
|
0.2248
|
0.2580
|
0.2783
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
215
|
210.9
|
233.3
|
251.8
|
FCF margin
|
-
|
-
|
-
|
-
|
9.81%
|
9.35%
|
10%
|
10.48%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
57.64%
|
55.52%
|
58.59%
|
60.49%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
290.54%
|
127.62%
|
124.46%
|
128.65%
|
Dividend per Share
2 |
0.1685
|
0.0760
|
0.0950
|
0.1240
|
0.1480
|
0.1476
|
0.1582
|
0.1654
|
Announcement Date
|
10/03/20
|
09/03/21
|
15/03/22
|
14/03/23
|
12/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 S1
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
911
|
990
|
936
|
556
|
524
|
1,080
|
1,035
|
1,132
|
1,059
|
EBITDA
|
152
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
121
|
159
|
57
|
-
|
-
|
-
|
-
|
-
|
137
|
Operating Margin
|
13.28%
|
16.06%
|
6.09%
|
-
|
-
|
-
|
-
|
-
|
12.94%
|
Earnings before Tax (EBT)
|
10
|
78
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
1
|
54
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
0.11%
|
5.45%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.002000
|
0.0960
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
0.1125
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
10/03/20
|
07/08/20
|
07/09/21
|
10/05/22
|
10/08/22
|
10/08/22
|
14/03/23
|
09/08/23
|
12/03/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
153
|
278
|
72
|
11
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
130
|
316
|
471
|
567
|
Leverage (Debt/EBITDA)
|
0.4474
x
|
0.8129
x
|
0.2286
x
|
0.0308
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
215
|
211
|
233
|
252
|
ROE (net income / shareholders' equity)
|
10.7%
|
10.8%
|
8.13%
|
9.45%
|
10.8%
|
10.9%
|
13.2%
|
42.5%
|
ROA (Net income/ Total Assets)
|
0.49%
|
0.29%
|
2.93%
|
-
|
3.76%
|
3.72%
|
6.23%
|
16.1%
|
Assets
1 |
13,751
|
32,731
|
170.4
|
-
|
1,967
|
4,448
|
3,009
|
1,219
|
Book Value Per Share
2 |
3.060
|
3.010
|
2.580
|
2.720
|
2.630
|
2.710
|
2.800
|
2.910
|
Cash Flow per Share
2 |
0.2600
|
0.2600
|
0.1400
|
0.4100
|
0.3400
|
0.3500
|
0.3800
|
0.4600
|
Capex
1 |
33
|
35
|
58
|
53
|
55
|
63.7
|
65.7
|
70.7
|
Capex / Sales
|
1.8%
|
1.95%
|
3.11%
|
2.51%
|
2.51%
|
2.82%
|
2.82%
|
2.94%
|
Announcement Date
|
10/03/20
|
09/03/21
|
15/03/22
|
14/03/23
|
12/03/24
|
-
|
-
|
-
|
Last Close Price
2.015
GBP Average target price
2.684
GBP Spread / Average Target +33.18% Consensus |