Real-time Estimate
Cboe BZX
01:06:19 2024-05-09 pm EDT
|
5-day change
|
1st Jan Change
|
22.18
USD
|
+0.16%
|
|
-1.07%
|
-4.68%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,436
|
4,907
|
7,546
|
6,799
|
6,995
|
6,671
|
-
|
-
|
Enterprise Value (EV)
1 |
11,276
|
9,704
|
12,413
|
11,813
|
11,909
|
11,695
|
11,806
|
11,842
|
P/E ratio
|
23.5
x
|
40.4
x
|
28.2
x
|
19.4
x
|
23
x
|
24.1
x
|
23.4
x
|
23.7
x
|
Yield
|
5.21%
|
3.02%
|
3.48%
|
4.32%
|
4.52%
|
4.96%
|
5%
|
5.3%
|
Capitalization / Revenue
|
5.51
x
|
4.66
x
|
6.55
x
|
5.58
x
|
5.62
x
|
5.28
x
|
5
x
|
4.62
x
|
EV / Revenue
|
9.65
x
|
9.21
x
|
10.8
x
|
9.7
x
|
9.57
x
|
9.25
x
|
8.85
x
|
8.2
x
|
EV / EBITDA
|
14.6
x
|
14.4
x
|
16.6
x
|
15
x
|
14.7
x
|
13.9
x
|
13.6
x
|
13
x
|
EV / FCF
|
84.4
x
|
62.6
x
|
50.9
x
|
50.1
x
|
48.9
x
|
59.9
x
|
39.7
x
|
-
|
FCF Yield
|
1.18%
|
1.6%
|
1.96%
|
2%
|
2.05%
|
1.67%
|
2.52%
|
-
|
Price to Book
|
2.35
x
|
1.83
x
|
2.78
x
|
2.37
x
|
2.45
x
|
2.41
x
|
2.73
x
|
3.47
x
|
Nbr of stocks (in thousands)
|
297,846
|
296,482
|
296,988
|
299,913
|
300,596
|
301,299
|
-
|
-
|
Reference price
2 |
21.61
|
16.55
|
25.41
|
22.67
|
23.27
|
22.14
|
22.14
|
22.14
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/7/22
|
2/13/23
|
2/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,168
|
1,053
|
1,152
|
1,218
|
1,245
|
1,264
|
1,334
|
1,445
|
EBITDA
1 |
770.1
|
674.4
|
749
|
789.1
|
807.9
|
838.9
|
870.3
|
914.3
|
EBIT
1 |
437.7
|
338.8
|
421.9
|
444.3
|
445.6
|
454.5
|
484.7
|
527
|
Operating Margin
|
37.46%
|
32.16%
|
36.61%
|
36.48%
|
35.79%
|
35.95%
|
36.33%
|
36.48%
|
Earnings before Tax (EBT)
1 |
274.8
|
121.2
|
270.2
|
354.2
|
305.1
|
275.8
|
290.3
|
-
|
Net income
1 |
274.8
|
121.2
|
270.2
|
354.2
|
305.1
|
274.8
|
283.3
|
286.1
|
Net margin
|
23.52%
|
11.5%
|
23.45%
|
29.08%
|
24.5%
|
21.74%
|
21.24%
|
19.8%
|
EPS
2 |
0.9200
|
0.4100
|
0.9000
|
1.170
|
1.010
|
0.9202
|
0.9444
|
0.9349
|
Free Cash Flow
1 |
133.6
|
154.9
|
243.7
|
236
|
243.6
|
195.2
|
297.5
|
-
|
FCF margin
|
11.43%
|
14.71%
|
21.15%
|
19.38%
|
19.57%
|
15.44%
|
22.3%
|
-
|
FCF Conversion (EBITDA)
|
17.35%
|
22.97%
|
32.53%
|
29.91%
|
30.16%
|
23.27%
|
34.18%
|
-
|
FCF Conversion (Net income)
|
48.61%
|
127.85%
|
90.18%
|
66.64%
|
79.86%
|
71.04%
|
105.01%
|
-
|
Dividend per Share
2 |
1.125
|
0.5000
|
0.8850
|
0.9800
|
1.052
|
1.098
|
1.107
|
1.173
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/7/22
|
2/13/23
|
2/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
295.3
|
298.6
|
306.1
|
304.7
|
308.6
|
311.4
|
309.8
|
307.3
|
316.5
|
320.2
|
309.1
|
310.3
|
317.3
|
326.9
|
330.1
|
EBITDA
1 |
186.3
|
194.2
|
199.6
|
198.2
|
197.1
|
201.7
|
201.9
|
200.9
|
203.4
|
213.2
|
207.3
|
208.9
|
212.3
|
213.3
|
215.8
|
EBIT
1 |
105.5
|
110
|
114.5
|
113.4
|
106.5
|
113.9
|
113
|
104.7
|
114
|
122
|
113.6
|
114.1
|
119.5
|
116.9
|
120.4
|
Operating Margin
|
35.73%
|
36.83%
|
37.4%
|
37.21%
|
34.5%
|
36.59%
|
36.49%
|
34.06%
|
36.01%
|
38.09%
|
36.75%
|
36.76%
|
37.67%
|
35.76%
|
36.48%
|
Earnings before Tax (EBT)
1 |
81.24
|
79.51
|
87.79
|
79.74
|
107.2
|
-
|
56.41
|
69.74
|
72.7
|
88.9
|
65.7
|
68.2
|
72.03
|
-
|
-
|
Net income
1 |
81.24
|
79.51
|
87.79
|
79.74
|
107.2
|
112.2
|
56.41
|
63.74
|
72.7
|
88.9
|
66.19
|
67.5
|
70.91
|
67.4
|
67.29
|
Net margin
|
27.51%
|
26.62%
|
28.68%
|
26.17%
|
34.73%
|
36.04%
|
18.21%
|
20.74%
|
22.97%
|
27.76%
|
21.41%
|
21.75%
|
22.35%
|
20.62%
|
20.38%
|
EPS
2 |
0.2700
|
0.2600
|
0.2900
|
0.2600
|
0.3500
|
0.3700
|
0.1900
|
0.2100
|
0.2400
|
0.2900
|
0.2155
|
0.2224
|
0.2364
|
0.2205
|
0.2211
|
Dividend per Share
2 |
0.2400
|
0.2400
|
0.2400
|
0.2400
|
0.2600
|
0.2600
|
0.2600
|
0.2600
|
0.2725
|
-
|
0.2704
|
0.2718
|
0.2772
|
0.2688
|
0.2609
|
Announcement Date
|
2/7/22
|
5/2/22
|
8/1/22
|
11/1/22
|
2/13/23
|
5/1/23
|
7/31/23
|
10/30/23
|
2/12/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,840
|
4,797
|
4,867
|
5,014
|
4,915
|
5,025
|
5,136
|
5,172
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
6.285
x
|
7.114
x
|
6.497
x
|
6.355
x
|
6.083
x
|
5.99
x
|
5.901
x
|
5.657
x
|
Free Cash Flow
1 |
134
|
155
|
244
|
236
|
244
|
195
|
297
|
-
|
ROE (net income / shareholders' equity)
|
9.85%
|
4.47%
|
10%
|
12.7%
|
10.7%
|
9.13%
|
10.9%
|
14%
|
ROA (Net income/ Total Assets)
|
3.35%
|
1.47%
|
3.23%
|
4.21%
|
3.64%
|
3.07%
|
3.14%
|
3.29%
|
Assets
1 |
8,192
|
8,243
|
8,360
|
8,407
|
8,384
|
8,940
|
9,033
|
8,709
|
Book Value Per Share
2 |
9.210
|
9.040
|
9.150
|
9.550
|
9.480
|
9.190
|
8.120
|
6.380
|
Cash Flow per Share
2 |
1.770
|
1.490
|
1.850
|
1.880
|
1.950
|
1.440
|
1.750
|
2.140
|
Capex
1 |
265
|
288
|
309
|
330
|
345
|
362
|
349
|
299
|
Capex / Sales
|
22.65%
|
27.36%
|
26.78%
|
27.12%
|
27.72%
|
28.65%
|
26.13%
|
20.71%
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/7/22
|
2/13/23
|
2/12/24
|
-
|
-
|
-
|
Last Close Price
22.14
USD Average target price
25.89
USD Spread / Average Target +16.93% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.86% | 6.67B | | +3.67% | 48.2B | | -11.22% | 12.75B | | -20.64% | 11.32B | | -12.43% | 10.81B | | -3.20% | 7.65B | | -5.88% | 5.81B | | -7.31% | 5.42B | | -7.17% | 4.66B | | -9.27% | 4.05B |
Retail REITs
|