ARCADIS NV |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 60.95 EUR | +0.66% |
|
+3.83% | +24.80% |
| Feb. 22 | Transcript : Arcadis NV, Q4 2023 Earnings Call, Feb 22, 2024 | |
| Feb. 22 | Arcadis NV 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 | 1,843 | 2,431 | 3,735 | 3,287 | 4,394 | 5,484 | - | - |
| Enterprise Value (EV) 1 | 2,157 | 2,483 | 3,903 | 4,292 | 5,267 | 6,234 | 6,019 | 5,757 |
| P/E ratio | 154 x | 110 x | 22.6 x | 24.1 x | 27.4 x | 21.6 x | 18.1 x | 14.3 x |
| Yield | - | 2.22% | 1.65% | 2.02% | 1.74% | 1.66% | 1.94% | 2.22% |
| Capitalization / Revenue | 0.53 x | 0.74 x | 1.11 x | 1.09 x | 1.17 x | 1.36 x | 1.27 x | 1.19 x |
| EV / Revenue | 0.62 x | 0.75 x | 1.16 x | 1.42 x | 1.4 x | 1.55 x | 1.4 x | 1.25 x |
| EV / EBITDA | 6.98 x | 7.11 x | 11.5 x | 10.7 x | 10.4 x | 11.4 x | 9.73 x | 8.45 x |
| EV / FCF | 12.7 x | - | 13.2 x | 17.6 x | 27.7 x | 22.6 x | 17.2 x | 14.6 x |
| FCF Yield | 7.85% | - | 7.55% | 5.68% | 3.61% | 4.42% | 5.81% | 6.86% |
| Price to Book | 1.91 x | 2.69 x | 3.68 x | 3.15 x | - | 4.44 x | 3.7 x | 3.16 x |
| Nbr of stocks (in thousands) | 88,671 | 89,909 | 88,217 | 89,565 | 89,961 | 89,974 | - | - |
| Reference price 2 | 20.78 | 27.04 | 42.34 | 36.70 | 48.84 | 60.95 | 60.95 | 60.95 |
| Announcement Date | 2/13/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,473 | 3,303 | 3,378 | 3,019 | 3,759 | 4,027 | 4,314 | 4,595 |
| EBITDA 1 | 309 | 349 | 338 | 400 | 506 | 548.6 | 618.8 | 681.1 |
| EBIT 1 | 175.4 | 83.3 | 225.9 | 295 | 391 | 433.7 | 485.8 | 577.2 |
| Operating Margin | 5.05% | 2.52% | 6.69% | 9.77% | 10.4% | 10.77% | 11.26% | 12.56% |
| Earnings before Tax (EBT) 1 | 54.75 | 76.53 | 219.9 | 195.7 | 222.6 | 328.2 | 401.8 | 549.4 |
| Net income 1 | - | - | 167.9 | 135.5 | 160 | 249.1 | 307.5 | 375.4 |
| Net margin | - | - | 4.97% | 4.49% | 4.26% | 6.19% | 7.13% | 8.17% |
| EPS 2 | 0.1350 | 0.2455 | 1.870 | 1.520 | 1.780 | 2.818 | 3.371 | 4.260 |
| Free Cash Flow 1 | 169.3 | - | 294.7 | 243.9 | 190 | 275.4 | 349.8 | 395 |
| FCF margin | 4.87% | - | 8.72% | 8.08% | 5.05% | 6.84% | 8.11% | 8.6% |
| FCF Conversion (EBITDA) | 54.79% | - | 87.19% | 60.97% | 37.55% | 50.21% | 56.53% | 57.99% |
| FCF Conversion (Net income) | - | - | 175.53% | 179.95% | 118.76% | 110.57% | 113.75% | 105.2% |
| Dividend per Share 2 | - | 0.6000 | 0.7000 | 0.7400 | 0.8500 | 1.010 | 1.183 | 1.352 |
| Announcement Date | 2/13/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 740 | 861 | 940 | 1,886 | 932 | 941 | 1,873 | 984 | 2,000 | 2,019 |
| EBITDA 1 | - | 116 | 120 | 241 | 128 | 137 | 265 | 129 | 271 | 288.6 |
| EBIT 1 | 76 | 86 | 92 | - | 99 | - | 206 | 103 | 211 | 228 |
| Operating Margin | 10.27% | 9.99% | 9.79% | - | 10.62% | - | 11% | 10.47% | 10.55% | 11.29% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/27/22 | 2/16/23 | 5/4/23 | 7/27/23 | 10/26/23 | 2/22/24 | 2/22/24 | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 314 | 51.5 | 168 | 1,005 | 873 | 750 | 535 | 273 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.017 x | 0.1476 x | 0.4961 x | 2.513 x | 1.725 x | 1.368 x | 0.865 x | 0.4004 x |
| Free Cash Flow 1 | 169 | - | 295 | 244 | 190 | 275 | 350 | 395 |
| ROE (net income / shareholders' equity) | 1.29% | 14.2% | 17.8% | 13.1% | - | 23.3% | 22.2% | 24.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 10.90 | 10.10 | 11.50 | 11.70 | - | 13.70 | 16.50 | 19.30 |
| Cash Flow per Share 2 | 2.480 | 4.890 | 3.670 | 3.180 | - | 4.490 | 4.920 | - |
| Capex 1 | - | - | 34.8 | 40.1 | - | 48.4 | 49.7 | 51.2 |
| Capex / Sales | - | - | 1.03% | 1.33% | - | 1.2% | 1.15% | 1.11% |
| Announcement Date | 2/13/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - | - |
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
A
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
60.95
EUR
Average target price
63.36
EUR
Spread / Average Target
+3.95%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +24.80% | 5.85B | |
| -2.29% | 67.67B | |
| +2.13% | 59.37B | |
| +21.25% | 38.3B | |
| +11.23% | 30.73B | |
| +2.06% | 26.35B | |
| +22.89% | 22.01B | |
| +15.06% | 19.47B | |
| +22.99% | 17.6B | |
| +64.33% | 16.64B |
- Stock Market
- Equities
- ARCAD Stock
- Financials Arcadis NV
