Real-time Estimate
Tradegate
09:12:49 07/05/2024 BST
|
5-day change
|
1st Jan Change
|
18.13
EUR
|
-0.01%
|
|
+4.49%
|
+38.21%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,828
|
4,823
|
7,293
|
4,642
|
7,731
|
10,680
|
-
|
-
|
Enterprise Value (EV)
1 |
6,554
|
5,217
|
7,297
|
5,123
|
7,770
|
10,627
|
10,291
|
9,972
|
P/E ratio
|
26.6
x
|
35.4
x
|
37.5
x
|
-71.5
x
|
29.8
x
|
22.8
x
|
19.8
x
|
17.4
x
|
Yield
|
4.87%
|
2.45%
|
1.94%
|
3.3%
|
2.44%
|
2.26%
|
2.62%
|
2.9%
|
Capitalization / Revenue
|
1.13
x
|
1.05
x
|
1.53
x
|
0.79
x
|
1.29
x
|
1.61
x
|
1.45
x
|
1.36
x
|
EV / Revenue
|
1.27
x
|
1.13
x
|
1.53
x
|
0.88
x
|
1.29
x
|
1.6
x
|
1.4
x
|
1.27
x
|
EV / EBITDA
|
10.3
x
|
11.6
x
|
14.1
x
|
8.71
x
|
11.3
x
|
12.3
x
|
10.7
x
|
9.57
x
|
EV / FCF
|
56.5
x
|
9.33
x
|
12.4
x
|
-23
x
|
11.5
x
|
26.7
x
|
23.5
x
|
19.4
x
|
FCF Yield
|
1.77%
|
10.7%
|
8.07%
|
-4.35%
|
8.66%
|
3.74%
|
4.25%
|
5.14%
|
Price to Book
|
2.43
x
|
2.21
x
|
3.15
x
|
2.17
x
|
3.47
x
|
4.29
x
|
3.78
x
|
3.31
x
|
Nbr of stocks (in thousands)
|
591,723
|
591,723
|
590,023
|
590,023
|
589,023
|
589,081
|
-
|
-
|
Reference price
2 |
9.850
|
8.150
|
12.36
|
7.868
|
13.12
|
18.13
|
18.13
|
18.13
|
Announcement Date
|
30/01/20
|
28/01/21
|
28/01/22
|
31/01/23
|
31/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,170
|
4,604
|
4,778
|
5,842
|
6,015
|
6,647
|
7,352
|
7,869
|
EBITDA
1 |
637
|
449
|
519
|
588
|
690
|
862.2
|
960.3
|
1,042
|
EBIT
1 |
457
|
275
|
357
|
325
|
497
|
712.7
|
798.2
|
890.3
|
Operating Margin
|
8.84%
|
5.97%
|
7.47%
|
5.56%
|
8.26%
|
10.72%
|
10.86%
|
11.31%
|
Earnings before Tax (EBT)
1 |
315
|
191
|
296
|
-32
|
364
|
666.2
|
777.1
|
870.3
|
Net income
1 |
217
|
134
|
194
|
-65
|
258
|
491
|
577.5
|
653.7
|
Net margin
|
4.2%
|
2.91%
|
4.06%
|
-1.11%
|
4.29%
|
7.39%
|
7.85%
|
8.31%
|
EPS
2 |
0.3700
|
0.2300
|
0.3300
|
-0.1100
|
0.4400
|
0.7967
|
0.9161
|
1.041
|
Free Cash Flow
1 |
116
|
559
|
589
|
-223
|
673
|
397.5
|
437
|
513
|
FCF margin
|
2.24%
|
12.14%
|
12.33%
|
-3.82%
|
11.19%
|
5.98%
|
5.94%
|
6.52%
|
FCF Conversion (EBITDA)
|
18.21%
|
124.5%
|
113.49%
|
-
|
97.54%
|
46.1%
|
45.5%
|
49.23%
|
FCF Conversion (Net income)
|
53.46%
|
417.16%
|
303.61%
|
-
|
260.85%
|
80.96%
|
75.67%
|
78.47%
|
Dividend per Share
2 |
0.4800
|
0.2000
|
0.2400
|
0.2600
|
0.3200
|
0.4097
|
0.4745
|
0.5254
|
Announcement Date
|
30/01/20
|
28/01/21
|
28/01/22
|
31/01/23
|
31/01/24
|
-
|
-
|
-
|
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 |
1,597
|
1,231
|
1,407
|
1,433
|
1,770
|
1,465
|
1,454
|
1,452
|
1,644
|
1,321
|
1,585
|
1,719
|
2,031
|
1,434
|
1,697
|
EBITDA
1 |
198
|
187
|
119
|
133
|
149
|
121
|
189
|
159
|
222
|
167
|
197.1
|
215.9
|
283.2
|
116.1
|
134.6
|
EBIT
1 |
158
|
65
|
85
|
82
|
93
|
88
|
108
|
125
|
177
|
132
|
157.8
|
177.4
|
242.2
|
-
|
-
|
Operating Margin
|
9.89%
|
5.28%
|
6.04%
|
5.72%
|
5.25%
|
6.01%
|
7.43%
|
8.61%
|
10.77%
|
9.99%
|
9.96%
|
10.32%
|
11.93%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
134
|
-147
|
72
|
7
|
35
|
84
|
53
|
107
|
120
|
118
|
153.7
|
165.8
|
232.7
|
141.9
|
190.8
|
Net income
1 |
84
|
-143
|
51
|
-1
|
28
|
55
|
27
|
81
|
94
|
85
|
110.8
|
120.1
|
164.8
|
106.3
|
143.5
|
Net margin
|
5.26%
|
-11.62%
|
3.62%
|
-0.07%
|
1.58%
|
3.75%
|
1.86%
|
5.58%
|
5.72%
|
6.43%
|
6.99%
|
6.99%
|
8.12%
|
7.41%
|
8.46%
|
EPS
2 |
0.1400
|
-0.2400
|
0.0900
|
-
|
0.0500
|
0.0900
|
0.0500
|
0.1400
|
0.1600
|
0.1400
|
0.1891
|
0.2115
|
0.2852
|
0.1793
|
0.2451
|
Dividend per Share
2 |
0.1400
|
-
|
-
|
-
|
0.2600
|
0.1300
|
-
|
-
|
0.1900
|
-
|
-
|
-
|
0.4000
|
-
|
-
|
Announcement Date
|
28/01/22
|
28/04/22
|
21/07/22
|
25/10/22
|
31/01/23
|
25/04/23
|
21/07/23
|
31/10/23
|
31/01/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
726
|
394
|
4
|
481
|
39
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
52.6
|
389
|
708
|
Leverage (Debt/EBITDA)
|
1.14
x
|
0.8775
x
|
0.007707
x
|
0.818
x
|
0.0565
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
116
|
559
|
589
|
-223
|
673
|
398
|
437
|
513
|
ROE (net income / shareholders' equity)
|
9%
|
5.8%
|
8.6%
|
-2.6%
|
12.3%
|
20.1%
|
21%
|
21.5%
|
ROA (Net income/ Total Assets)
|
3.48%
|
2.12%
|
3.04%
|
-0.99%
|
3.85%
|
6.73%
|
7.18%
|
7.86%
|
Assets
1 |
6,228
|
6,315
|
6,378
|
6,565
|
6,705
|
7,298
|
8,041
|
8,319
|
Book Value Per Share
2 |
4.050
|
3.680
|
3.920
|
3.620
|
3.780
|
4.230
|
4.800
|
5.480
|
Cash Flow per Share
2 |
0.4000
|
1.170
|
1.240
|
-0.1100
|
1.390
|
0.9400
|
1.220
|
1.290
|
Capex
1 |
116
|
122
|
142
|
161
|
149
|
168
|
158
|
172
|
Capex / Sales
|
2.24%
|
2.65%
|
2.97%
|
2.76%
|
2.48%
|
2.53%
|
2.14%
|
2.18%
|
Announcement Date
|
30/01/20
|
28/01/21
|
28/01/22
|
31/01/23
|
31/01/24
|
-
|
-
|
-
|
Last Close Price
18.13
EUR Average target price
16.06
EUR Spread / Average Target -11.41% Consensus |
1st Jan change
|
Capi.
|
---|
| +38.21% | 11.51B | | +12.79% | 84.97B | | +19.56% | 70.8B | | +14.40% | 35.7B | | +21.72% | 33.75B | | +13.41% | 28.72B | | +4.55% | 27.1B | | +4.17% | 26.02B | | +20.37% | 25.7B | | +18.15% | 24.98B |
Other Industrial Machinery & Equipment
|