UBM DEVELOPMENT AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.65 EUR | -0.27% |
|
-4.36% | -11.61% |
| 04-11 | UBM Development AG Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| 04-11 | Transcript : UBM Development AG, 2023 Earnings Call, Apr 11, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 352.7 | 267.5 | 323.5 | 170.4 | 157.7 | 139.4 | - | - |
| Enterprise Value (EV) 1 | 814.5 | 746.6 | 704.6 | 670.6 | 157.7 | 570.4 | 617 | 573.4 |
| P/E ratio | 6.67 x | 8.15 x | 9.62 x | 10.1 x | -3 x | 20.1 x | 3.84 x | - |
| Yield | 4.66% | 6.15% | 5.2% | 4.82% | - | 1.61% | 7.11% | 10.2% |
| Capitalization / Revenue | 1.46 x | 1.46 x | 1.16 x | 1.27 x | 1.85 x | 0.85 x | 0.44 x | 0.46 x |
| EV / Revenue | 3.37 x | 4.07 x | 2.53 x | 5.01 x | 1.85 x | 3.46 x | 1.93 x | 1.89 x |
| EV / EBITDA | 10.9 x | 11.5 x | 9.28 x | 17.1 x | -5.78 x | 20 x | 12.2 x | 8.66 x |
| EV / FCF | -10 x | -64.8 x | -6.63 x | -6.51 x | - | 29.4 x | 14 x | 15.8 x |
| FCF Yield | -9.96% | -1.54% | -15.1% | -15.4% | - | 3.4% | 7.15% | 6.34% |
| Price to Book | 0.77 x | 0.56 x | 0.59 x | 0.34 x | - | 0.42 x | 0.4 x | 0.37 x |
| Nbr of stocks (in thousands) | 7,472 | 7,472 | 7,472 | 7,472 | 7,472 | 7,472 | - | - |
| Reference price 2 | 47.20 | 35.80 | 43.30 | 22.80 | 21.10 | 18.65 | 18.65 | 18.65 |
| Announcement Date | 27/04/20 | 23/04/21 | 08/04/22 | 17/04/23 | 11/04/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 242 | 183.3 | 278.3 | 133.9 | 85.32 | 164.9 | 319.3 | 303.3 |
| EBITDA 1 | 74.97 | 65.1 | 75.93 | 39.17 | -27.28 | 28.59 | 50.41 | 66.18 |
| EBIT 1 | 71.45 | 62.01 | 73.3 | 33.91 | -30.06 | 22.78 | 43.58 | 65.14 |
| Operating Margin | 29.53% | 33.82% | 26.34% | 25.31% | -35.24% | 13.82% | 13.65% | 21.48% |
| Earnings before Tax (EBT) 1 | 70.51 | 62.26 | 60.14 | 31.45 | -39.36 | 7.44 | 35.77 | 45.2 |
| Net income 1 | 53.07 | 39.8 | 33.62 | 16.79 | -52.5 | 12 | 28.65 | 26 |
| Net margin | 21.93% | 21.71% | 12.08% | 12.54% | -61.54% | 7.28% | 8.97% | 8.57% |
| EPS 2 | 7.080 | 4.390 | 4.500 | 2.250 | -7.030 | 0.9300 | 4.860 | - |
| Free Cash Flow 1 | -81.16 | -11.52 | -106.3 | -103 | - | 19.4 | 44.1 | 36.35 |
| FCF margin | -33.54% | -6.29% | -38.21% | -76.88% | - | 11.77% | 13.81% | 11.99% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 67.86% | 87.49% | 54.92% |
| FCF Conversion (Net income) | - | - | - | - | - | 161.67% | 153.93% | 139.81% |
| Dividend per Share 2 | 2.200 | 2.200 | 2.250 | 1.100 | - | 0.3000 | 1.326 | 1.900 |
| Announcement Date | 27/04/20 | 23/04/21 | 08/04/22 | 17/04/23 | 11/04/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 |
|---|---|---|---|---|
| Net sales | 79.6 | 71.39 | 59.59 | - |
| EBITDA | 40.3 | 18.08 | 18.81 | - |
| EBIT | 38.4 | - | 18.01 | - |
| Operating Margin | 48.24% | - | 30.23% | - |
| Earnings before Tax (EBT) | 43.84 | 10.49 | 13.96 | - |
| Net income 1 | - | 8.356 | - | 2.378 |
| Net margin | - | 11.71% | - | - |
| EPS | 2.980 | 0.7700 | 0.6400 | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 27/08/20 | 25/11/21 | 08/04/22 | 25/05/22 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 462 | 479 | 381 | 500 | - | 431 | 478 | 434 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.161 x | 7.359 x | 5.018 x | 12.77 x | - | 15.08 x | 9.476 x | 6.557 x |
| Free Cash Flow 1 | -81.2 | -11.5 | -106 | -103 | - | 19.4 | 44.1 | 36.4 |
| ROE (net income / shareholders' equity) | 12% | 8.51% | 6.57% | 3.27% | - | 1.2% | 7.87% | 8.6% |
| ROA (Net income/ Total Assets) | 4.16% | 2.96% | 2.35% | 1.15% | - | 0.4% | 1.1% | 2.3% |
| Assets 1 | 1,276 | 1,344 | 1,433 | 1,460 | - | 3,000 | 2,605 | 1,130 |
| Book Value Per Share 2 | 61.10 | 64.00 | 73.00 | 67.10 | - | 44.20 | 46.90 | 50.00 |
| Cash Flow per Share | - | -4.640 | -6.120 | - | - | - | - | - |
| Capex | - | 134 | 61.7 | 32.7 | - | - | - | - |
| Capex / Sales | - | 73.1% | 22.16% | 24.43% | - | - | - | - |
| Announcement Date | 27/04/20 | 23/04/21 | 08/04/22 | 17/04/23 | 11/04/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
18.65
EUR
Average target price
28.4
EUR
Spread / Average Target
+52.28%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -11.61% | 149M | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
- Stock Market
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- Financials UBM Development AG
