Market Closed -
Euronext Amsterdam
16:35:02 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
142.9
EUR
|
+2.22%
|
|
+1.67%
|
+11.03%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
17,333
|
18,124
|
26,801
|
24,328
|
30,960
|
34,051
|
-
|
-
|
Enterprise Value (EV)
1 |
19,540
|
20,507
|
28,932
|
26,581
|
33,572
|
36,981
|
37,169
|
37,309
|
P/E ratio
|
26.4
x
|
25.6
x
|
37.3
x
|
24.4
x
|
31.5
x
|
31.4
x
|
28.3
x
|
25.6
x
|
Yield
|
1.81%
|
1.97%
|
1.52%
|
1.85%
|
1.62%
|
1.55%
|
1.7%
|
1.89%
|
Capitalization / Revenue
|
3.76
x
|
3.94
x
|
5.62
x
|
4.46
x
|
5.54
x
|
5.75
x
|
5.42
x
|
5.1
x
|
EV / Revenue
|
4.24
x
|
4.46
x
|
6.06
x
|
4.87
x
|
6.01
x
|
6.24
x
|
5.92
x
|
5.59
x
|
EV / EBITDA
|
14.1
x
|
14.4
x
|
19.1
x
|
15.4
x
|
18.9
x
|
19.2
x
|
18
x
|
16.8
x
|
EV / FCF
|
22.3
x
|
22.6
x
|
28.6
x
|
21.8
x
|
28.8
x
|
28.3
x
|
26.3
x
|
24.5
x
|
FCF Yield
|
4.48%
|
4.42%
|
3.49%
|
4.59%
|
3.47%
|
3.53%
|
3.8%
|
4.08%
|
Price to Book
|
7.29
x
|
8.68
x
|
11.1
x
|
10.5
x
|
17.7
x
|
25.1
x
|
27.2
x
|
28.7
x
|
Nbr of stocks (in thousands)
|
266,576
|
262,443
|
258,696
|
248,852
|
240,561
|
238,283
|
-
|
-
|
Reference price
2 |
65.02
|
69.06
|
103.6
|
97.76
|
128.7
|
142.9
|
142.9
|
142.9
|
Announcement Date
|
26/02/20
|
24/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,612
|
4,603
|
4,771
|
5,453
|
5,584
|
5,923
|
6,279
|
6,676
|
EBITDA
1 |
1,382
|
1,422
|
1,514
|
1,730
|
1,775
|
1,929
|
2,071
|
2,220
|
EBIT
1 |
1,089
|
1,124
|
1,205
|
1,424
|
1,476
|
1,591
|
1,723
|
1,860
|
Operating Margin
|
23.61%
|
24.42%
|
25.26%
|
26.11%
|
26.43%
|
26.87%
|
27.44%
|
27.86%
|
Earnings before Tax (EBT)
1 |
858
|
937
|
929
|
1,276
|
1,297
|
1,391
|
1,519
|
1,628
|
Net income
1 |
669
|
721
|
728
|
1,027
|
1,007
|
1,085
|
1,179
|
1,274
|
Net margin
|
14.51%
|
15.66%
|
15.26%
|
18.83%
|
18.03%
|
18.33%
|
18.77%
|
19.08%
|
EPS
2 |
2.460
|
2.700
|
2.780
|
4.010
|
4.090
|
4.556
|
5.056
|
5.582
|
Free Cash Flow
1 |
876
|
907
|
1,010
|
1,220
|
1,164
|
1,305
|
1,411
|
1,522
|
FCF margin
|
18.99%
|
19.7%
|
21.17%
|
22.37%
|
20.85%
|
22.03%
|
22.47%
|
22.8%
|
FCF Conversion (EBITDA)
|
63.39%
|
63.78%
|
66.71%
|
70.52%
|
65.58%
|
67.65%
|
68.15%
|
68.58%
|
FCF Conversion (Net income)
|
130.94%
|
125.8%
|
138.74%
|
118.79%
|
115.59%
|
120.22%
|
119.68%
|
119.49%
|
Dividend per Share
2 |
1.180
|
1.360
|
1.570
|
1.810
|
2.080
|
2.213
|
2.427
|
2.707
|
Announcement Date
|
26/02/20
|
24/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
2,408
|
2,294
|
2,309
|
2,280
|
2,491
|
2,600
|
2,853
|
2,725
|
2,859
|
2,875
|
3,057
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
577
|
-
|
613
|
592
|
734
|
690
|
711
|
765
|
756.5
|
828.3
|
Operating Margin
|
-
|
25.15%
|
-
|
26.89%
|
23.77%
|
28.23%
|
24.19%
|
26.09%
|
26.76%
|
26.31%
|
27.09%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
476
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
479
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
17.58%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.930
|
-
|
-
|
-
|
Dividend per Share
|
0.7900
|
0.4700
|
-
|
0.5400
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
26/02/20
|
05/08/20
|
24/02/21
|
04/08/21
|
23/02/22
|
03/08/22
|
22/02/23
|
02/08/23
|
21/02/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,207
|
2,383
|
2,131
|
2,253
|
2,612
|
2,931
|
3,119
|
3,258
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.597
x
|
1.676
x
|
1.408
x
|
1.302
x
|
1.472
x
|
1.519
x
|
1.506
x
|
1.468
x
|
Free Cash Flow
1 |
876
|
907
|
1,010
|
1,220
|
1,164
|
1,305
|
1,411
|
1,522
|
ROE (net income / shareholders' equity)
|
28.9%
|
32.3%
|
32.3%
|
43.5%
|
49.6%
|
68.5%
|
80.5%
|
91.4%
|
ROA (Net income/ Total Assets)
|
7.73%
|
8.4%
|
9.47%
|
11.1%
|
10.8%
|
12.4%
|
13.6%
|
14.3%
|
Assets
1 |
8,660
|
8,583
|
7,685
|
9,269
|
9,302
|
8,726
|
8,701
|
8,891
|
Book Value Per Share
2 |
8.920
|
7.950
|
9.360
|
9.290
|
7.270
|
5.700
|
5.260
|
4.980
|
Cash Flow per Share
2 |
4.050
|
4.490
|
4.940
|
6.180
|
6.280
|
6.420
|
6.990
|
7.510
|
Capex
1 |
226
|
231
|
239
|
295
|
323
|
365
|
380
|
401
|
Capex / Sales
|
4.9%
|
5.02%
|
5.01%
|
5.41%
|
5.78%
|
6.16%
|
6.05%
|
6%
|
Announcement Date
|
26/02/20
|
24/02/21
|
23/02/22
|
22/02/23
|
21/02/24
|
-
|
-
|
-
|
Last Close Price
142.9
EUR Average target price
149.4
EUR Spread / Average Target +4.52% Consensus |