Real-time Estimate
Tradegate
07:50:00 17/06/2024 BST
|
5-day change
|
1st Jan Change
|
1.745
EUR
|
+2.05%
|
|
+1.18%
|
+75.38%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,758
|
3,355
|
2,695
|
2,259
|
1,785
|
3,014
|
-
|
-
|
Enterprise Value (EV)
1 |
6,262
|
4,326
|
3,574
|
2,259
|
1,830
|
2,621
|
2,362
|
2,080
|
P/E ratio
|
15.9
x
|
-36.9
x
|
23.4
x
|
7.63
x
|
6.49
x
|
8.43
x
|
7.79
x
|
6.88
x
|
Yield
|
4.8%
|
-
|
1.53%
|
-
|
10.4%
|
7.82%
|
8.21%
|
8.7%
|
Capitalization / Revenue
|
0.47
x
|
0.4
x
|
0.32
x
|
0.25
x
|
0.23
x
|
0.37
x
|
0.34
x
|
0.32
x
|
EV / Revenue
|
0.62
x
|
0.51
x
|
0.42
x
|
0.25
x
|
0.23
x
|
0.32
x
|
0.27
x
|
0.22
x
|
EV / EBITDA
|
7.72
x
|
8.07
x
|
4.8
x
|
2.48
x
|
2.25
x
|
2.9
x
|
2.5
x
|
2.08
x
|
EV / FCF
|
15.7
x
|
7.47
x
|
20.2
x
|
-
|
2.34
x
|
4.47
x
|
4.01
x
|
3.35
x
|
FCF Yield
|
6.37%
|
13.4%
|
4.96%
|
-
|
42.7%
|
22.4%
|
24.9%
|
29.9%
|
Price to Book
|
1.16
x
|
0.77
x
|
0.66
x
|
-
|
0.42
x
|
0.68
x
|
0.66
x
|
0.64
x
|
Nbr of stocks (in thousands)
|
1,611,487
|
1,611,677
|
1,611,064
|
1,609,755
|
1,612,821
|
1,612,821
|
-
|
-
|
Reference price
2 |
2.953
|
2.082
|
1.673
|
1.403
|
1.106
|
1.869
|
1.869
|
1.869
|
Announcement Date
|
30/03/20
|
23/03/21
|
15/03/22
|
15/03/23
|
13/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,105
|
8,445
|
8,533
|
8,970
|
7,890
|
8,188
|
8,741
|
9,316
|
EBITDA
1 |
811.1
|
536.1
|
744.4
|
911.3
|
811.6
|
904.1
|
945.2
|
997.9
|
EBIT
1 |
470.7
|
-10.72
|
161.6
|
416.8
|
403.9
|
531.9
|
570.6
|
628.2
|
Operating Margin
|
4.66%
|
-0.13%
|
1.89%
|
4.65%
|
5.12%
|
6.5%
|
6.53%
|
6.74%
|
Earnings before Tax (EBT)
1 |
448.4
|
-51.4
|
175.4
|
413.3
|
390.2
|
514.7
|
557.3
|
616.6
|
Net income
1 |
300.5
|
-90.79
|
115.1
|
296.3
|
274.7
|
364.3
|
399.9
|
441.4
|
Net margin
|
2.97%
|
-1.08%
|
1.35%
|
3.3%
|
3.48%
|
4.45%
|
4.57%
|
4.74%
|
EPS
2 |
0.1860
|
-0.0564
|
0.0714
|
0.1839
|
0.1704
|
0.2217
|
0.2401
|
0.2718
|
Free Cash Flow
1 |
398.7
|
578.9
|
177.1
|
-
|
780.9
|
586.5
|
589
|
621
|
FCF margin
|
3.95%
|
6.85%
|
2.08%
|
-
|
9.9%
|
7.16%
|
6.74%
|
6.67%
|
FCF Conversion (EBITDA)
|
49.15%
|
107.98%
|
23.79%
|
-
|
96.22%
|
64.87%
|
62.32%
|
62.23%
|
FCF Conversion (Net income)
|
132.65%
|
-
|
153.9%
|
-
|
284.25%
|
161%
|
147.29%
|
140.69%
|
Dividend per Share
2 |
0.1419
|
-
|
0.0256
|
-
|
0.1150
|
0.1462
|
0.1534
|
0.1626
|
Announcement Date
|
30/03/20
|
23/03/21
|
15/03/22
|
15/03/23
|
13/03/24
|
-
|
-
|
-
|
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 |
1,634
|
2,092
|
2,394
|
2,315
|
2,262
|
1,998
|
2,107
|
2,048
|
1,832
|
1,904
|
2,004
|
1,992
|
1,955
|
2,186
|
-
|
EBITDA
|
-
|
-
|
240.4
|
221.5
|
243.6
|
205.8
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-433.6
|
4.699
|
113.1
|
98.11
|
126.5
|
79.09
|
85.94
|
68.44
|
77.54
|
172
|
145.6
|
119.3
|
107.6
|
151.9
|
-
|
Operating Margin
|
-26.53%
|
0.22%
|
4.72%
|
4.24%
|
5.59%
|
3.96%
|
4.08%
|
3.34%
|
4.23%
|
9.03%
|
7.27%
|
5.99%
|
5.5%
|
6.95%
|
-
|
Earnings before Tax (EBT)
|
-96.24
|
-0.381
|
120.9
|
103
|
129.5
|
59.83
|
79.74
|
63.48
|
74.77
|
172.2
|
-
|
112.2
|
98.77
|
156.9
|
-
|
Net income
|
-70.66
|
15.48
|
88.58
|
86.47
|
95.07
|
26.23
|
50.84
|
32.76
|
54.08
|
137
|
-
|
78.24
|
65.55
|
112
|
-
|
Net margin
|
-4.32%
|
0.74%
|
3.7%
|
3.73%
|
4.2%
|
1.31%
|
2.41%
|
1.6%
|
2.95%
|
7.2%
|
-
|
3.93%
|
3.35%
|
5.12%
|
-
|
EPS
2 |
-0.0440
|
0.0150
|
0.0550
|
0.0500
|
0.0600
|
0.0189
|
-
|
-
|
-
|
-
|
0.0500
|
0.0493
|
0.0454
|
0.0648
|
-
|
Dividend per Share
2 |
-
|
0.0256
|
-
|
0.0510
|
-
|
-
|
-
|
0.0256
|
-
|
0.0895
|
-
|
0.0705
|
-
|
0.0705
|
-
|
Announcement Date
|
11/11/21
|
15/03/22
|
12/05/22
|
11/08/22
|
10/11/22
|
15/03/23
|
10/05/23
|
11/08/23
|
13/11/23
|
13/03/24
|
13/05/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,504
|
971
|
879
|
-
|
45.4
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
393
|
653
|
935
|
Leverage (Debt/EBITDA)
|
1.855
x
|
1.811
x
|
1.181
x
|
-
|
0.056
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
399
|
579
|
177
|
-
|
781
|
587
|
589
|
621
|
ROE (net income / shareholders' equity)
|
7.31%
|
-2.27%
|
2.88%
|
-
|
6.52%
|
8.25%
|
8.98%
|
9.53%
|
ROA (Net income/ Total Assets)
|
3.51%
|
-
|
1.34%
|
-
|
3.59%
|
5.3%
|
5.73%
|
6.03%
|
Assets
1 |
8,553
|
-
|
8,581
|
-
|
7,647
|
6,874
|
6,975
|
7,316
|
Book Value Per Share
2 |
2.540
|
2.710
|
2.540
|
-
|
2.630
|
2.740
|
2.830
|
2.940
|
Cash Flow per Share
2 |
0.4900
|
0.5200
|
0.2900
|
-
|
0.5900
|
0.4100
|
0.4100
|
0.4300
|
Capex
1 |
395
|
255
|
286
|
-
|
164
|
316
|
320
|
324
|
Capex / Sales
|
3.91%
|
3.02%
|
3.35%
|
-
|
2.08%
|
3.86%
|
3.66%
|
3.48%
|
Announcement Date
|
30/03/20
|
23/03/21
|
15/03/22
|
15/03/23
|
13/03/24
|
-
|
-
|
-
|
Last Close Price
1.869
USD Average target price
2.129
USD Spread / Average Target +13.92% Consensus |
1st Jan change
|
Capi.
|
---|
| +53.16% | 26.05B | | +22.45% | 11.21B | | +15.77% | 11.01B | | +28.48% | 10.88B | | -10.81% | 7.22B | | +19.42% | 3.36B | | -7.65% | 2.49B | | -12.05% | 2.23B | | 0.00% | 1.85B |
Other Footwear
|