Financials Brunel International N.V.

Equities

BRNL

NL0010776944

Employment Services

Market Closed - Euronext Amsterdam 11:35:42 2024-05-03 am EDT 5-day change 1st Jan Change
10.64 EUR +3.91% Intraday chart for Brunel International N.V. +4.31% -4.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 455.7 369.2 566.5 482.8 563.5 536.3 - -
Enterprise Value (EV) 1 413.6 219.2 514.9 395.2 458.7 449.1 447.4 483.8
P/E ratio 113 x 23.5 x 18.4 x 17.1 x 17.7 x 12.2 x 10.2 x 8.79 x
Yield 3.33% 4.11% 4% 5.74% 4.92% 6.11% 7.52% 8.46%
Capitalization / Revenue 0.44 x 0.41 x 0.63 x 0.41 x 0.42 x 0.37 x 0.33 x 0.3 x
EV / Revenue 0.4 x 0.25 x 0.57 x 0.33 x 0.34 x 0.31 x 0.28 x 0.27 x
EV / EBITDA 10.1 x 4.42 x 7.79 x 4.81 x 5.86 x 4.97 x 4.24 x 3.93 x
EV / FCF 29.6 x 2.57 x 50.6 x 26.2 x -115 x 16.4 x 10.9 x 10.3 x
FCF Yield 3.38% 39% 1.98% 3.82% -0.87% 6.08% 9.14% 9.67%
Price to Book 1.64 x 1.35 x 1.97 x 1.58 x 1.87 x 1.72 x 1.61 x 1.62 x
Nbr of stocks (in thousands) 50,575 50,575 50,401 50,401 50,401 50,401 - -
Reference price 2 9.010 7.300 11.24 9.580 11.18 10.64 10.64 10.64
Announcement Date 2/14/20 2/12/21 2/18/22 2/17/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,041 892.6 899.7 1,182 1,330 1,468 1,603 1,783
EBITDA 1 41.02 49.64 66.11 82.2 78.34 90.4 105.6 123
EBIT 1 17.4 28.8 47.7 60.87 61.1 67.78 82.23 -
Operating Margin 1.67% 3.23% 5.3% 5.15% 4.59% 4.62% 5.13% -
Earnings before Tax (EBT) 16.44 28.51 - - - - - -
Net income 1 3.825 15.6 - 29.39 31.65 44.6 53 63
Net margin 0.37% 1.75% - 2.49% 2.38% 3.04% 3.31% 3.53%
EPS 2 0.0800 0.3100 0.6100 0.5600 0.6300 0.8700 1.040 1.210
Free Cash Flow 1 13.97 85.4 10.18 15.11 -3.982 27.3 40.9 46.8
FCF margin 1.34% 9.57% 1.13% 1.28% -0.3% 1.86% 2.55% 2.62%
FCF Conversion (EBITDA) 34.05% 172.05% 15.39% 18.38% - 30.2% 38.72% 38.05%
FCF Conversion (Net income) 365.2% 547.42% - 51.42% - 61.21% 77.17% 74.29%
Dividend per Share 2 0.3000 0.3000 0.4500 0.5500 0.5500 0.6500 0.8000 0.9000
Announcement Date 2/14/20 2/12/21 2/18/22 2/17/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q2 2022 Q3 2022 Q4
Net sales 1 227.2 245.4 289.1 301.8 316.3
EBITDA - - - - -
EBIT 1 13.6 15.7 11 18.4 17.8
Operating Margin 5.99% 6.4% 3.8% 6.1% 5.63%
Earnings before Tax (EBT) - - - - -
Net income - - - - -
Net margin - - - - -
EPS - - - - -
Dividend per Share - - - - -
Announcement Date 10/29/21 2/18/22 7/29/22 10/28/22 2/17/23
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 42.1 150 51.6 87.6 105 87.2 88.8 52.5
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 14 85.4 10.2 15.1 -3.98 27.3 40.9 46.8
ROE (net income / shareholders' equity) 1.36% 5.66% 11.1% 9.91% 10.4% 14.3% 16.3% 18.7%
ROA (Net income/ Total Assets) 0.92% 3.61% - - - - - -
Assets 1 416.5 432 - - - - - -
Book Value Per Share 2 5.500 5.390 5.720 6.050 5.980 6.180 6.590 6.560
Cash Flow per Share 2 0.4000 1.830 0.3300 0.5200 0.1500 0.8100 1.230 -
Capex 1 6.55 7.21 6.54 11.2 11.7 12.9 14.2 15.7
Capex / Sales 0.63% 0.81% 0.73% 0.95% 0.88% 0.88% 0.89% 0.88%
Announcement Date 2/14/20 2/12/21 2/18/22 2/17/23 2/23/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
10.64 EUR
Average target price
14.7 EUR
Spread / Average Target
+38.16%
Consensus

Quarterly revenue - Rate of surprise

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