Financials ad pepper media International N.V.

Equities

APM

NL0000238145

Advertising & Marketing

Delayed Xetra Other stock markets 11:35:48 2024-04-30 am EDT			5-day change	1st Jan Change
2.14 ^EUR	-0.93%		-3.60%	-12.30%

Apr. 10	Ad pepper media International N.V. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Ad pepper media International N.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	62.79	102.1	121.8	38.39	49.43	46.98	-	-
Enterprise Value (EV) ¹	39.81	77.78	101.1	22.74	30.88	28.93	28.73	28.63
P/E ratio	49.8 x	28.9 x	74.3 x	-47.4 x	-48.8 x	-214 x	214 x	71.3 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	2.88 x	3.99 x	4.41 x	-	2.27 x	2.06 x	1.88 x	1.72 x
EV / Revenue	1.83 x	3.04 x	3.66 x	-	1.42 x	1.27 x	1.15 x	1.05 x
EV / EBITDA	11.3 x	11.9 x	23.1 x	-	1,287 x	27.1 x	13.8 x	11.3 x
EV / FCF	6.68 x	30 x	52.9 x	13.3 x	27.4 x	98.7 x	29.3 x	35.5 x
FCF Yield	15%	3.34%	1.89%	7.53%	3.64%	1.01%	3.41%	2.82%
Price to Book	3.67 x	5.23 x	6.52 x	2.65 x	3.2 x	2.71 x	2.68 x	2.58 x
Nbr of stocks (in thousands)	21,001	20,759	20,503	20,258	20,258	21,951	-	-
Reference price ²	2.990	4.920	5.940	1.895	2.440	2.140	2.140	2.140
Announcement Date	3/26/20	3/25/21	3/29/22	4/10/23	4/10/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	21.79	25.62	27.65	-	21.75	22.84	25.01	27.38
EBITDA ¹	3.512	6.559	4.378	-	0.024	1.068	2.075	2.537
EBIT ¹	2.519	5.448	3.194	0.187	-0.994	0.041	1.069	1.561
Operating Margin	11.56%	21.27%	11.55%	-	-4.57%	0.18%	4.27%	5.7%
Earnings before Tax (EBT) ¹	2.31	5.332	3.156	0.056	-0.631	0.17	1.219	1.835
Net income ¹	1.352	3.664	1.725	-0.893	-0.944	-0.326	0.19	0.643
Net margin	6.21%	14.3%	6.24%	-	-4.34%	-1.43%	0.76%	2.35%
EPS ²	0.0600	0.1700	0.0800	-0.0400	-0.0500	-0.0100	0.0100	0.0300
Free Cash Flow ¹	5.958	2.595	1.909	1.712	1.125	0.293	0.98	0.806
FCF margin	27.35%	10.13%	6.91%	-	5.17%	1.28%	3.92%	2.94%
FCF Conversion (EBITDA)	169.65%	39.56%	43.6%	-	4,687.5%	27.43%	47.23%	31.77%
FCF Conversion (Net income)	440.68%	70.82%	110.67%	-	-	-	515.79%	125.35%
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	3/26/20	3/25/21	3/29/22	4/10/23	4/10/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q3	2022 Q1	2022 Q2	2023 Q3	2023 Q4
Net sales	-	-	5.882	-	-
EBITDA ¹	-	-	-	-	0.369
EBIT	-	-	-	-	-
Operating Margin	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-
Net income	0.556	-0.742	-	-0.263	-
Net margin	-	-	-	-	-
EPS	0.0300	-0.0400	-0.0400	-0.0100	-
Dividend per Share	-	-	-	-	-
Announcement Date	11/18/21	5/25/22	8/25/22	11/17/23	4/10/24

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	23	24.4	20.7	15.6	18.6	18	18.3	18.3
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	5.96	2.6	1.91	1.71	1.13	0.29	0.98	0.81
ROE (net income / shareholders' equity)	8.25%	19.9%	8.99%	-5.9%	-5.47%	-1.9%	1.1%	3.5%
ROA (Net income/ Total Assets)	3.23%	7.89%	3.62%	-1.98%	-2.17%	-0.7%	0.4%	1.3%
Assets ¹	41.83	46.45	47.6	45.15	43.45	46.57	47.5	49.46
Book Value Per Share ²	0.8100	0.9400	0.9100	0.7200	0.7600	0.7900	0.8000	0.8300
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	0.52	0.79	0.3	3.28	0.11	0.23	0.3	0.36
Capex / Sales	2.41%	3.07%	1.08%	-	0.52%	1%	1.2%	1.3%
Announcement Date	3/26/20	3/25/21	3/29/22	4/10/23	4/10/24	-	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for ad pepper media International N.V.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.14 EUR

Average target price

2.9 EUR

Spread / Average Target

+35.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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