Real-time Estimate
Tradegate
10:29:07 2024-05-03 am EDT
|
5-day change
|
1st Jan Change
|
10.17
EUR
|
-0.59%
|
|
+2.73%
|
-4.74%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,714
|
2,443
|
3,079
|
2,403
|
2,654
|
2,550
|
-
|
-
|
Enterprise Value (EV)
1 |
3,209
|
3,215
|
3,657
|
2,843
|
2,995
|
3,235
|
3,337
|
3,248
|
P/E ratio
|
-45.7
x
|
50.2
x
|
5.4
x
|
4.28
x
|
11.7
x
|
8.24
x
|
6.71
x
|
6.4
x
|
Yield
|
4.98%
|
5.53%
|
4.39%
|
5.41%
|
5.63%
|
6.02%
|
6.02%
|
6.15%
|
Capitalization / Revenue
|
0.57
x
|
0.52
x
|
0.46
x
|
0.28
x
|
0.4
x
|
0.38
x
|
0.34
x
|
0.34
x
|
EV / Revenue
|
0.67
x
|
0.69
x
|
0.55
x
|
0.33
x
|
0.45
x
|
0.48
x
|
0.45
x
|
0.43
x
|
EV / EBITDA
|
7.98
x
|
8.08
x
|
3.7
x
|
2.23
x
|
4.26
x
|
5.17
x
|
4.47
x
|
4.29
x
|
EV / FCF
|
15
x
|
10
x
|
12.7
x
|
6.93
x
|
-
|
9.7
x
|
11.5
x
|
7.63
x
|
FCF Yield
|
6.67%
|
9.98%
|
7.89%
|
14.4%
|
-
|
10.3%
|
8.68%
|
13.1%
|
Price to Book
|
1.45
x
|
1.55
x
|
1.42
x
|
0.93
x
|
-
|
1.02
x
|
0.92
x
|
0.85
x
|
Nbr of stocks (in thousands)
|
270,178
|
270,453
|
270,453
|
260,060
|
249,118
|
249,229
|
-
|
-
|
Reference price
2 |
10.04
|
9.034
|
11.38
|
9.242
|
10.66
|
10.23
|
10.23
|
10.23
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/27/22
|
2/28/23
|
3/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,754
|
4,668
|
6,706
|
8,688
|
6,608
|
6,703
|
7,432
|
7,604
|
EBITDA
1 |
402
|
398
|
989
|
1,276
|
703
|
625.3
|
747.1
|
757.1
|
EBIT
1 |
226
|
163.1
|
810
|
1,080
|
530
|
460.4
|
555.4
|
548.5
|
Operating Margin
|
4.75%
|
3.49%
|
12.08%
|
12.43%
|
8.02%
|
6.87%
|
7.47%
|
7.21%
|
Earnings before Tax (EBT)
1 |
23
|
131.6
|
766
|
831.3
|
355
|
423.4
|
542.6
|
530.7
|
Net income
1 |
-60
|
49.05
|
572
|
556.1
|
228
|
306.6
|
387
|
396.6
|
Net margin
|
-1.26%
|
1.05%
|
8.53%
|
6.4%
|
3.45%
|
4.57%
|
5.21%
|
5.22%
|
EPS
2 |
-0.2200
|
0.1800
|
2.110
|
2.160
|
0.9100
|
1.242
|
1.524
|
1.598
|
Free Cash Flow
1 |
214
|
320.8
|
288.4
|
410
|
-
|
333.6
|
289.5
|
425.8
|
FCF margin
|
4.5%
|
6.87%
|
4.3%
|
4.72%
|
-
|
4.98%
|
3.9%
|
5.6%
|
FCF Conversion (EBITDA)
|
53.24%
|
80.61%
|
29.16%
|
32.13%
|
-
|
53.35%
|
38.75%
|
56.24%
|
FCF Conversion (Net income)
|
-
|
654.12%
|
50.41%
|
73.74%
|
-
|
108.8%
|
74.8%
|
107.35%
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5000
|
0.5000
|
0.6000
|
0.6158
|
0.6159
|
0.6288
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/27/22
|
2/28/23
|
3/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
---|
Net sales
1 |
2,331
|
3,066
|
1,703
|
1,937
|
2,287
|
2,535
|
4,821
|
2,175
|
1,691
|
1,782
|
1,740
|
-
|
1,557
|
1,529
|
1,481
|
1,541
|
EBITDA
1 |
179
|
378
|
293
|
318
|
422
|
523
|
945
|
241
|
90
|
226
|
236
|
462
|
146
|
96
|
111
|
127.5
|
EBIT
1 |
90
|
290
|
247
|
273
|
375
|
473
|
847
|
192
|
41
|
182
|
196
|
378
|
101
|
52
|
71
|
-
|
Operating Margin
|
3.86%
|
9.46%
|
14.5%
|
14.09%
|
16.4%
|
18.66%
|
17.57%
|
8.83%
|
2.42%
|
10.21%
|
11.26%
|
-
|
6.49%
|
3.4%
|
4.79%
|
-
|
Earnings before Tax (EBT)
|
22.43
|
268.6
|
235
|
262
|
367
|
456
|
-
|
186
|
-177.7
|
179
|
191
|
-
|
96
|
-
|
-
|
-
|
Net income
1 |
2.167
|
202.6
|
171
|
198
|
266
|
343
|
-
|
133
|
-185.9
|
136
|
142
|
-
|
70
|
-119
|
53
|
63
|
Net margin
|
0.09%
|
6.61%
|
10.04%
|
10.22%
|
11.63%
|
13.53%
|
-
|
6.11%
|
-10.99%
|
7.63%
|
8.16%
|
-
|
4.5%
|
-7.78%
|
3.58%
|
4.09%
|
EPS
2 |
-
|
0.7500
|
0.6300
|
0.7300
|
0.9800
|
1.340
|
-
|
0.5100
|
-0.6900
|
0.5200
|
0.5500
|
1.070
|
0.2800
|
-0.4800
|
0.2100
|
0.2400
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/29/20
|
7/29/21
|
11/3/21
|
2/27/22
|
5/11/22
|
7/28/22
|
7/28/22
|
10/27/22
|
2/28/23
|
4/27/23
|
7/26/23
|
7/26/23
|
11/3/23
|
3/1/24
|
4/25/24
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
495
|
772
|
578
|
440
|
341
|
685
|
787
|
698
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.231
x
|
1.94
x
|
0.5844
x
|
0.3448
x
|
0.4851
x
|
1.096
x
|
1.053
x
|
0.9219
x
|
Free Cash Flow
1 |
214
|
321
|
288
|
410
|
-
|
334
|
290
|
426
|
ROE (net income / shareholders' equity)
|
8.94%
|
2.85%
|
30.7%
|
24%
|
-
|
12.1%
|
14.1%
|
13.8%
|
ROA (Net income/ Total Assets)
|
3.91%
|
1.07%
|
10.7%
|
9.04%
|
-
|
4.66%
|
5.81%
|
6.07%
|
Assets
1 |
-1,535
|
4,565
|
5,360
|
6,151
|
-
|
6,574
|
6,657
|
6,539
|
Book Value Per Share
2 |
6.920
|
5.810
|
7.990
|
9.920
|
-
|
9.990
|
11.20
|
12.00
|
Cash Flow per Share
2 |
1.310
|
1.550
|
1.430
|
2.090
|
1.930
|
1.920
|
2.140
|
2.310
|
Capex
1 |
145
|
99.7
|
99.5
|
134
|
-
|
236
|
235
|
238
|
Capex / Sales
|
3.04%
|
2.14%
|
1.48%
|
1.54%
|
-
|
3.52%
|
3.16%
|
3.13%
|
Announcement Date
|
2/28/20
|
2/26/21
|
2/27/22
|
2/28/23
|
3/1/24
|
-
|
-
|
-
|
Last Close Price
10.23
EUR Average target price
13.69
EUR Spread / Average Target +33.78% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.74% | 2.73B | | -0.81% | 25.96B | | +17.20% | 20.84B | | -7.96% | 11.99B | | +24.52% | 11.31B | | +10.90% | 10.86B | | +9.59% | 10.04B | | -4.85% | 7.95B | | +28.10% | 7.24B | | +1.09% | 7.11B |
Iron, Steel Mills & Foundries
|