Real-time Estimate
Cboe BZX
18:08:37 03/05/2024 BST
|
5-day change
|
1st Jan Change
|
160
USD
|
+1.86%
|
|
-2.88%
|
-12.79%
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,733
|
3,689
|
4,222
|
3,427
|
3,251
|
2,935
|
-
|
-
|
Enterprise Value (EV)
1 |
3,348
|
3,214
|
3,709
|
3,051
|
3,162
|
2,809
|
2,722
|
2,762
|
P/E ratio
|
21.1
x
|
27.4
x
|
28.2
x
|
33.5
x
|
31.4
x
|
22.7
x
|
20.5
x
|
17.6
x
|
Yield
|
0.23%
|
0.51%
|
0.45%
|
0.66%
|
-
|
0.82%
|
0.82%
|
0.84%
|
Capitalization / Revenue
|
2.06
x
|
2.04
x
|
2.31
x
|
1.71
x
|
1.46
x
|
1.21
x
|
1.18
x
|
1.13
x
|
EV / Revenue
|
1.85
x
|
1.78
x
|
2.03
x
|
1.52
x
|
1.42
x
|
1.16
x
|
1.09
x
|
1.07
x
|
EV / EBITDA
|
10.7
x
|
11.6
x
|
12.3
x
|
11
x
|
10.9
x
|
8.75
x
|
8.01
x
|
7.63
x
|
EV / FCF
|
21.7
x
|
18.9
x
|
47.2
x
|
-141
x
|
72.2
x
|
28.3
x
|
17.4
x
|
-
|
FCF Yield
|
4.6%
|
5.29%
|
2.12%
|
-0.71%
|
1.38%
|
3.53%
|
5.76%
|
-
|
Price to Book
|
2.3
x
|
2.14
x
|
2.27
x
|
1.81
x
|
1.63
x
|
1.3
x
|
1.23
x
|
1.01
x
|
Nbr of stocks (in thousands)
|
19,000
|
18,892
|
18,886
|
18,719
|
18,694
|
18,683
|
-
|
-
|
Reference price
2 |
196.5
|
195.3
|
223.6
|
183.1
|
173.9
|
157.1
|
157.1
|
157.1
|
Announcement Date
|
23/10/19
|
21/10/20
|
20/10/21
|
19/10/22
|
18/10/23
|
-
|
-
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,809
|
1,804
|
1,826
|
2,001
|
2,233
|
2,423
|
2,495
|
2,587
|
EBITDA
1 |
314.2
|
277.4
|
301.8
|
276.3
|
289.9
|
321.1
|
339.9
|
361.9
|
EBIT
1 |
210.9
|
172.7
|
195.8
|
167.5
|
170.2
|
182.9
|
198.6
|
217.9
|
Operating Margin
|
11.65%
|
9.57%
|
10.72%
|
8.37%
|
7.62%
|
7.55%
|
7.96%
|
8.43%
|
Earnings before Tax (EBT)
1 |
237.9
|
177.9
|
196.9
|
134.3
|
138.8
|
174.3
|
194.1
|
-
|
Net income
1 |
179.1
|
135.8
|
151.1
|
103.4
|
103.7
|
130.5
|
142.4
|
165.2
|
Net margin
|
9.9%
|
7.53%
|
8.27%
|
5.17%
|
4.64%
|
5.39%
|
5.71%
|
6.39%
|
EPS
2 |
9.330
|
7.130
|
7.940
|
5.460
|
5.530
|
6.923
|
7.646
|
8.917
|
Free Cash Flow
1 |
154.1
|
170
|
78.66
|
-21.67
|
43.77
|
99.27
|
156.9
|
-
|
FCF margin
|
8.51%
|
9.42%
|
4.31%
|
-1.08%
|
1.96%
|
4.1%
|
6.29%
|
-
|
FCF Conversion (EBITDA)
|
49.03%
|
61.27%
|
26.07%
|
-
|
15.1%
|
30.92%
|
46.15%
|
-
|
FCF Conversion (Net income)
|
86.01%
|
125.19%
|
52.06%
|
-
|
42.22%
|
76.05%
|
110.12%
|
-
|
Dividend per Share
2 |
0.4500
|
1.000
|
1.000
|
1.200
|
-
|
1.287
|
1.293
|
1.320
|
Announcement Date
|
23/10/19
|
21/10/20
|
20/10/21
|
19/10/22
|
18/10/23
|
-
|
-
|
-
|
Fiscal Period: August |
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
|
2025 Q3
|
---|
Net sales
1 |
486.2
|
486.7
|
511.5
|
516.4
|
541.8
|
542.7
|
576.7
|
571.9
|
593.5
|
590.7
|
601
|
637.8
|
620.3
|
618.4
|
631.2
|
EBITDA
1 |
71.65
|
56.21
|
72.11
|
70.38
|
80.5
|
61.7
|
73.67
|
75.62
|
89.05
|
65.73
|
80.5
|
85.81
|
91.98
|
72.7
|
86.36
|
EBIT
1 |
44.79
|
29.35
|
45.09
|
42.35
|
53.46
|
31.81
|
42.5
|
42.48
|
56.04
|
31.14
|
45.52
|
49.93
|
56.81
|
36.25
|
50.21
|
Operating Margin
|
9.21%
|
6.03%
|
8.81%
|
8.2%
|
9.87%
|
5.86%
|
7.37%
|
7.43%
|
9.44%
|
5.27%
|
7.57%
|
7.83%
|
9.16%
|
5.86%
|
7.95%
|
Earnings before Tax (EBT)
1 |
44.7
|
22.77
|
33.61
|
33.25
|
45.4
|
23.63
|
33.33
|
36.48
|
55.26
|
27.72
|
44
|
46
|
55.94
|
35.91
|
48.2
|
Net income
1 |
33.7
|
18.45
|
25.07
|
26.18
|
33.96
|
17.81
|
24.28
|
27.63
|
42.32
|
20.46
|
32.44
|
35.08
|
40.42
|
25.1
|
36.21
|
Net margin
|
6.93%
|
3.79%
|
4.9%
|
5.07%
|
6.27%
|
3.28%
|
4.21%
|
4.83%
|
7.13%
|
3.46%
|
5.4%
|
5.5%
|
6.52%
|
4.06%
|
5.74%
|
EPS
2 |
1.770
|
0.9700
|
1.330
|
1.390
|
1.810
|
0.9500
|
1.290
|
1.470
|
2.260
|
1.090
|
1.696
|
1.880
|
2.168
|
1.348
|
1.950
|
Dividend per Share
2 |
0.2500
|
0.3000
|
0.3000
|
0.3000
|
0.3100
|
-
|
0.3100
|
-
|
-
|
-
|
0.3233
|
0.3233
|
0.3300
|
0.3300
|
0.3300
|
Announcement Date
|
05/01/22
|
30/03/22
|
29/06/22
|
19/10/22
|
04/01/23
|
29/03/23
|
28/06/23
|
18/10/23
|
03/01/24
|
27/03/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
385
|
475
|
513
|
376
|
89.6
|
126
|
213
|
173
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
154
|
170
|
78.7
|
-21.7
|
43.8
|
99.3
|
157
|
-
|
ROE (net income / shareholders' equity)
|
11.5%
|
8.03%
|
8.36%
|
6.81%
|
5.29%
|
6.88%
|
6.8%
|
7.38%
|
ROA (Net income/ Total Assets)
|
9.21%
|
6.39%
|
6.6%
|
5.36%
|
4.15%
|
5.31%
|
5.25%
|
-
|
Assets
1 |
1,945
|
2,123
|
2,290
|
1,929
|
2,499
|
2,459
|
2,712
|
-
|
Book Value Per Share
2 |
85.50
|
91.40
|
98.30
|
101.0
|
107.0
|
121.0
|
128.0
|
155.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
120
|
117
|
134
|
144
|
172
|
148
|
154
|
176
|
Capex / Sales
|
6.62%
|
6.47%
|
7.32%
|
7.21%
|
7.7%
|
6.11%
|
6.19%
|
6.8%
|
Announcement Date
|
23/10/19
|
21/10/20
|
20/10/21
|
19/10/22
|
18/10/23
|
-
|
-
|
-
|
Last Close Price
157.1
USD Average target price
180.2
USD Spread / Average Target +14.75% Consensus |
1st Jan change
|
Capi.
|
---|
| -12.79% | 2.93B | | +11.36% | 67.2B | | +13.05% | 18.21B | | +21.12% | 13.23B | | +7.58% | 13.01B | | +16.72% | 9.91B | | -9.65% | 5.65B | | -1.73% | 4.99B | | -2.46% | 4.88B | | +6.00% | 4.68B |
Other Business Support Services
|