ALFEN N.V. |
Real-time
Other stock markets
|
5-day change | 1st Jan Change | ||
| 39.5 EUR | +2.60% |
|
+11.26% | -34.29% |
| Feb. 14 | Transcript : Alfen N.V., 2023 Earnings Call, Feb 14, 2024 | |
| Feb. 13 | Alfen N.V. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 328.8 | 1,792 | 1,915 | 1,827 | 1,309 | 836.2 | - | - |
| Enterprise Value (EV) 1 | 348.1 | 1,760 | 1,886 | 1,822 | 1,309 | 871.7 | 836.9 | 804.6 |
| P/E ratio | 58.7 x | 145 x | 89.1 x | 34.7 x | 44.3 x | 20.2 x | 14.1 x | 11.7 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.3 x | 9.48 x | 7.67 x | 4.15 x | 2.6 x | 1.34 x | 1.09 x | 0.89 x |
| EV / Revenue | 2.43 x | 9.31 x | 7.55 x | 4.14 x | 2.6 x | 1.4 x | 1.09 x | 0.86 x |
| EV / EBITDA | 27.5 x | 72.2 x | 51.2 x | 23 x | 22.9 x | 11.1 x | 7.86 x | 6.49 x |
| EV / FCF | 47 x | 168 x | -1,648 x | -88.5 x | - | 18 x | 17.3 x | 16.4 x |
| FCF Yield | 2.13% | 0.6% | -0.06% | -1.13% | - | 5.54% | 5.77% | 6.11% |
| Price to Book | 25.2 x | 24.1 x | 19.9 x | 12.1 x | - | 3.71 x | 2.95 x | 2.35 x |
| Nbr of stocks (in thousands) | 20,000 | 21,695 | 21,695 | 21,695 | 21,720 | 21,720 | - | - |
| Reference price 2 | 16.44 | 82.60 | 88.25 | 84.20 | 60.28 | 38.50 | 38.50 | 38.50 |
| Announcement Date | 2/19/20 | 2/17/21 | 2/16/22 | 2/15/23 | 2/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 143 | 189 | 249.7 | 439.9 | 504.5 | 623.3 | 766.2 | 934.7 |
| EBITDA 1 | 12.65 | 24.38 | 36.8 | 79.37 | 57.07 | 78.27 | 106.5 | 123.9 |
| EBIT 1 | 8.645 | 17.35 | 27.69 | 69.21 | 42.91 | 59.73 | 83.16 | 99.41 |
| Operating Margin | 6.05% | 9.18% | 11.09% | 15.73% | 8.51% | 9.58% | 10.85% | 10.64% |
| Earnings before Tax (EBT) 1 | 7.819 | 16.58 | 26.7 | 66.77 | 38.48 | 56.59 | 76.06 | 102.9 |
| Net income 1 | 5.625 | 11.99 | 21.45 | 53.05 | 29.68 | 42.17 | 60.57 | 73.66 |
| Net margin | 3.93% | 6.34% | 8.59% | 12.06% | 5.88% | 6.76% | 7.91% | 7.88% |
| EPS 2 | 0.2800 | 0.5700 | 0.9900 | 2.430 | 1.360 | 1.911 | 2.732 | 3.295 |
| Free Cash Flow 1 | 7.405 | 10.49 | -1.144 | -20.6 | - | 48.3 | 48.3 | 49.2 |
| FCF margin | 5.18% | 5.55% | -0.46% | -4.68% | - | 7.75% | 6.3% | 5.26% |
| FCF Conversion (EBITDA) | 58.56% | 43.05% | - | - | - | 61.71% | 45.36% | 39.71% |
| FCF Conversion (Net income) | 131.64% | 87.54% | - | - | - | 114.55% | 79.74% | 66.79% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/19/20 | 2/17/21 | 2/16/22 | 2/15/23 | 2/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q3 | 2021 Q4 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 S2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 90.33 | 60.6 | 73.7 | 134.4 | 102.8 | 205.5 | 234.3 | 113.2 | 110.7 | 223.9 | 280.5 | 123.8 |
| EBITDA 1 | 10.02 | 9.7 | 10.2 | - | 18.41 | 37.3 | 42.07 | 12.7 | 8.4 | 21.08 | 35.99 | 13.4 |
| EBIT | 6.572 | - | - | - | - | 32.4 | 36.81 | - | - | 14.31 | 28.61 | - |
| Operating Margin | 7.28% | - | - | - | - | 15.77% | 15.71% | - | - | 6.39% | 10.2% | - |
| Earnings before Tax (EBT) | 6.218 | - | - | 14.54 | - | - | - | - | - | - | - | - |
| Net income | 4.896 | - | - | 12.43 | - | 24.55 | 28.5 | - | - | 9.38 | 20.3 | - |
| Net margin | 5.42% | - | - | 9.25% | - | 11.95% | 12.16% | - | - | 4.19% | 7.24% | - |
| EPS | - | - | - | 0.5800 | - | 1.130 | 1.300 | - | - | 0.4300 | 0.9300 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/26/20 | 11/11/21 | 2/16/22 | 2/16/22 | 8/25/22 | 8/25/22 | 2/15/23 | 5/17/23 | 8/23/23 | 8/23/23 | 2/13/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 19.3 | - | - | - | - | 35.5 | 0.73 | - |
| Net Cash position 1 | - | 32.4 | 28.9 | 4.44 | - | - | - | 31.6 |
| Leverage (Debt/EBITDA) | 1.523 x | - | - | - | - | 0.4535 x | 0.006835 x | - |
| Free Cash Flow 1 | 7.41 | 10.5 | -1.14 | -20.6 | - | 48.3 | 48.3 | 49.2 |
| ROE (net income / shareholders' equity) | 62.4% | 27.5% | 25.2% | 43% | - | 18.6% | 22% | 23.1% |
| ROA (Net income/ Total Assets) | 8.87% | 10.7% | - | - | - | 9.33% | 11.1% | 12% |
| Assets 1 | 63.42 | 111.6 | - | - | - | 452.1 | 545.5 | 612.9 |
| Book Value Per Share 2 | 0.6500 | 3.420 | 4.440 | 6.940 | - | 10.40 | 13.00 | 16.40 |
| Cash Flow per Share 2 | 0.7000 | 0.9600 | 0.4800 | 0.0200 | - | 2.530 | 3.310 | 4.060 |
| Capex 1 | 6.69 | 9.62 | 11.7 | 21 | - | 29.9 | 36.1 | 45 |
| Capex / Sales | 4.68% | 5.09% | 4.68% | 4.78% | - | 4.8% | 4.71% | 4.81% |
| Announcement Date | 2/19/20 | 2/17/21 | 2/16/22 | 2/15/23 | 2/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
38.5
EUR
Average target price
60.2
EUR
Spread / Average Target
+56.36%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -34.42% | 895M | |
| +2.54% | 9.81B | |
| +81.96% | 4.97B | |
| +0.21% | 3.78B | |
| +57.35% | 3.07B | |
| +37.59% | 2.96B | |
| +9.97% | 3.09B | |
| +16.71% | 2.78B | |
| -6.61% | 1.93B | |
| +12.15% | 1.83B |
- Stock Market
- Equities
- ALFEN Stock
- Financials Alfen N.V.
