Market Closed -
Nyse
21:00:02 03/05/2024 BST
|
5-day change
|
1st Jan Change
|
35.53
USD
|
+1.43%
|
|
-0.95%
|
+21.43%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,920
|
5,752
|
9,095
|
10,339
|
11,105
|
13,519
|
-
|
-
|
Enterprise Value (EV)
1 |
16,772
|
13,162
|
15,799
|
16,838
|
18,733
|
20,464
|
20,431
|
19,798
|
P/E ratio
|
12.4
x
|
11.7
x
|
10.2
x
|
8.95
x
|
11.3
x
|
10.8
x
|
10.2
x
|
9.47
x
|
Yield
|
12.5%
|
9%
|
5.77%
|
7.45%
|
7.86%
|
9.56%
|
9.66%
|
10.2%
|
Capitalization / Revenue
|
3.25
x
|
2.07
x
|
3.16
x
|
3.18
x
|
3.57
x
|
3.89
x
|
3.74
x
|
3.25
x
|
EV / Revenue
|
6.11
x
|
4.75
x
|
5.49
x
|
5.18
x
|
6.03
x
|
5.9
x
|
5.66
x
|
4.76
x
|
EV / EBITDA
|
9.76
x
|
6.48
x
|
8.12
x
|
7.91
x
|
9.06
x
|
8.86
x
|
8.48
x
|
7.94
x
|
EV / FCF
|
-
|
10.7
x
|
10.6
x
|
14.8
x
|
14.8
x
|
17.2
x
|
13.9
x
|
12.8
x
|
FCF Yield
|
-
|
9.32%
|
9.43%
|
6.77%
|
6.77%
|
5.82%
|
7.21%
|
7.81%
|
Price to Book
|
2.55
x
|
2.06
x
|
3.02
x
|
3.47
x
|
3.84
x
|
4.59
x
|
4.52
x
|
4.29
x
|
Nbr of stocks (in thousands)
|
453,032
|
416,196
|
408,390
|
385,070
|
379,516
|
380,484
|
-
|
-
|
Reference price
2 |
19.69
|
13.82
|
22.27
|
26.85
|
29.26
|
35.53
|
35.53
|
35.53
|
Announcement Date
|
27/02/20
|
23/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,746
|
2,773
|
2,877
|
3,252
|
3,106
|
3,471
|
3,612
|
4,156
|
EBITDA
1 |
1,719
|
2,030
|
1,947
|
2,128
|
2,069
|
2,311
|
2,408
|
2,493
|
EBIT
1 |
1,231
|
870.3
|
1,336
|
1,484
|
1,390
|
1,671
|
1,777
|
1,892
|
Operating Margin
|
44.84%
|
31.39%
|
46.44%
|
45.64%
|
44.73%
|
48.15%
|
49.19%
|
45.52%
|
Earnings before Tax (EBT)
1 |
821.2
|
522.8
|
934.2
|
1,256
|
1,052
|
1,341
|
1,374
|
1,556
|
Net income
1 |
662.3
|
515.9
|
896.5
|
1,190
|
998.5
|
1,264
|
1,321
|
1,476
|
Net margin
|
24.12%
|
18.61%
|
31.16%
|
36.58%
|
32.14%
|
36.41%
|
36.58%
|
35.52%
|
EPS
2 |
1.590
|
1.180
|
2.180
|
3.000
|
2.600
|
3.277
|
3.471
|
3.754
|
Free Cash Flow
1 |
-
|
1,227
|
1,490
|
1,141
|
1,268
|
1,192
|
1,473
|
1,546
|
FCF margin
|
-
|
44.26%
|
51.79%
|
35.08%
|
40.83%
|
34.34%
|
40.78%
|
37.2%
|
FCF Conversion (EBITDA)
|
-
|
60.44%
|
76.55%
|
53.6%
|
61.32%
|
51.58%
|
61.16%
|
62.02%
|
FCF Conversion (Net income)
|
-
|
237.85%
|
166.22%
|
95.89%
|
127.03%
|
94.3%
|
111.48%
|
104.73%
|
Dividend per Share
2 |
2.470
|
1.244
|
1.284
|
2.000
|
2.300
|
3.398
|
3.434
|
3.634
|
Announcement Date
|
27/02/20
|
23/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
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 |
763.8
|
719.2
|
758.3
|
876.4
|
837.6
|
779.4
|
734
|
738.3
|
776
|
858.2
|
881.2
|
880.1
|
877.7
|
890.3
|
914.6
|
EBITDA
1 |
531.6
|
480.9
|
539
|
548.3
|
524.8
|
515.8
|
498.7
|
488.3
|
510.9
|
570.7
|
572.4
|
572.5
|
576.8
|
596.2
|
594
|
EBIT
1 |
383.6
|
326
|
404.5
|
398.5
|
357.1
|
324.1
|
290.2
|
336.7
|
362.2
|
398.4
|
413.3
|
415.3
|
412.2
|
421.8
|
424.6
|
Operating Margin
|
50.22%
|
45.32%
|
53.34%
|
45.47%
|
42.64%
|
41.58%
|
39.54%
|
45.6%
|
46.68%
|
46.42%
|
46.9%
|
47.18%
|
46.96%
|
47.38%
|
46.42%
|
Earnings before Tax (EBT)
1 |
265.5
|
236.6
|
319.5
|
316.7
|
274
|
345.5
|
209.8
|
260.2
|
285.3
|
297.2
|
342.4
|
356.1
|
312.6
|
333.3
|
338.4
|
Net income
1 |
255.7
|
238.2
|
301.9
|
299.6
|
259.5
|
328.6
|
199
|
247.1
|
270.8
|
281.6
|
311.9
|
331.7
|
310.3
|
323.3
|
331.1
|
Net margin
|
33.48%
|
33.12%
|
39.82%
|
34.18%
|
30.98%
|
42.16%
|
27.11%
|
33.47%
|
34.9%
|
32.82%
|
35.4%
|
37.69%
|
35.35%
|
36.31%
|
36.2%
|
EPS
2 |
0.6100
|
0.5800
|
0.7500
|
0.7400
|
0.6600
|
0.8500
|
0.5200
|
0.6400
|
0.7000
|
0.7400
|
0.7967
|
0.8551
|
0.8080
|
0.8467
|
0.8671
|
Dividend per Share
2 |
0.3230
|
0.3270
|
0.5000
|
0.5000
|
0.5000
|
0.5000
|
0.8560
|
0.5625
|
0.5750
|
0.5750
|
0.8300
|
0.8675
|
0.8675
|
0.8675
|
0.8675
|
Announcement Date
|
09/11/21
|
23/02/22
|
10/05/22
|
03/08/22
|
02/11/22
|
22/02/23
|
03/05/23
|
08/08/23
|
01/11/23
|
21/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
7,852
|
7,410
|
6,705
|
6,499
|
7,629
|
6,946
|
6,913
|
6,279
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.567
x
|
3.649
x
|
3.444
x
|
3.054
x
|
3.688
x
|
3.006
x
|
2.87
x
|
2.518
x
|
Free Cash Flow
1 |
-
|
1,227
|
1,490
|
1,141
|
1,268
|
1,192
|
1,473
|
1,546
|
ROE (net income / shareholders' equity)
|
23.9%
|
17.2%
|
32.1%
|
36.6%
|
33.9%
|
43%
|
46.3%
|
49.2%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
7.720
|
6.710
|
7.360
|
7.730
|
7.630
|
7.750
|
7.860
|
8.280
|
Cash Flow per Share
2 |
3.180
|
3.760
|
4.290
|
4.290
|
4.320
|
5.070
|
5.220
|
-
|
Capex
1 |
1,189
|
423
|
314
|
487
|
735
|
802
|
650
|
630
|
Capex / Sales
|
43.29%
|
15.26%
|
10.9%
|
14.98%
|
23.66%
|
23.1%
|
18%
|
15.16%
|
Announcement Date
|
27/02/20
|
23/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
Last Close Price
35.53
USD Average target price
34.42
USD Spread / Average Target -3.13% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.43% | 13.52B | | +10.95% | 233B | | +9.49% | 105B | | +14.43% | 100B | | +23.05% | 64.32B | | +7.86% | 60.88B | | +20.65% | 51.29B | | +23.36% | 36.46B | | +31.50% | 28.2B | | -11.15% | 21.15B |
Other Oil & Gas Refining and Marketing
|