CIE AUTOMOTIVE, S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.9 EUR | 0.00% |
|
+2.95% | +8.48% |
| May. 08 | Transcript : CIE Automotive, S.A., Q1 2024 Earnings Call, May 08, 2024 | |
| Apr. 26 | CIE Automotive Arm Acquires Nearly 28% Stake in Ojaha Renewables | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,719 | 2,703 | 3,351 | 2,880 | 3,081 | 3,341 | - | - |
| Enterprise Value (EV) 1 | 4,290 | 4,343 | 4,746 | 4,170 | 4,215 | 4,265 | 3,954 | 3,651 |
| P/E ratio | 9.46 x | 14.9 x | 12.6 x | 9.9 x | 9.89 x | 9.6 x | 8.94 x | 8.25 x |
| Yield | 3.51% | 2.27% | 2.63% | 3.41% | 3.5% | 3.49% | 3.63% | 3.92% |
| Capitalization / Revenue | 0.79 x | 0.94 x | 1.03 x | 0.75 x | 0.78 x | 0.81 x | 0.79 x | 0.76 x |
| EV / Revenue | 1.24 x | 1.51 x | 1.45 x | 1.09 x | 1.06 x | 1.04 x | 0.93 x | 0.83 x |
| EV / EBITDA | 7.22 x | 10.1 x | 8.26 x | 6.58 x | 5.91 x | 5.64 x | 4.98 x | 4.38 x |
| EV / FCF | 13.1 x | 18.7 x | 17.4 x | 11.5 x | 14.3 x | 14 x | 10.7 x | 9.2 x |
| FCF Yield | 7.62% | 5.36% | 5.76% | 8.68% | 7% | 7.16% | 9.32% | 10.9% |
| Price to Book | 3.23 x | 4.18 x | 3.4 x | 2.58 x | 2.41 x | 2.17 x | 1.85 x | 1.62 x |
| Nbr of stocks (in thousands) | 129,000 | 122,550 | 122,472 | 119,705 | 119,782 | 119,760 | - | - |
| Reference price 2 | 21.08 | 22.06 | 27.36 | 24.06 | 25.72 | 27.90 | 27.90 | 27.90 |
| Announcement Date | 2/28/20 | 2/26/21 | 2/28/22 | 2/27/23 | 2/26/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,461 | 2,882 | 3,269 | 3,839 | 3,959 | 4,107 | 4,242 | 4,388 |
| EBITDA 1 | 594.4 | 431.2 | 574.7 | 633.4 | 713.2 | 756.2 | 794.7 | 832.6 |
| EBIT 1 | 427.1 | 283.4 | 403.5 | 446.7 | 527.7 | 563.2 | 590.9 | 624.4 |
| Operating Margin | 12.34% | 9.83% | 12.34% | 11.64% | 13.33% | 13.71% | 13.93% | 14.23% |
| Earnings before Tax (EBT) 1 | 402.9 | 252.8 | 380.3 | 421.3 | 450 | 501.4 | 537 | 574 |
| Net income 1 | 287.5 | 185.2 | 267.5 | 300.1 | 320 | 347.7 | 376.3 | 404.9 |
| Net margin | 8.31% | 6.43% | 8.18% | 7.82% | 8.08% | 8.47% | 8.87% | 9.23% |
| EPS 2 | 2.228 | 1.480 | 2.170 | 2.430 | 2.600 | 2.906 | 3.122 | 3.380 |
| Free Cash Flow 1 | 326.8 | 232.8 | 273.4 | 362 | 295.2 | 305.5 | 368.3 | 397 |
| FCF margin | 9.44% | 8.08% | 8.36% | 9.43% | 7.46% | 7.44% | 8.68% | 9.05% |
| FCF Conversion (EBITDA) | 54.99% | 53.99% | 47.58% | 57.15% | 41.4% | 40.4% | 46.35% | 47.68% |
| FCF Conversion (Net income) | 113.69% | 125.71% | 102.2% | 120.61% | 92.26% | 87.87% | 97.87% | 98.06% |
| Dividend per Share 2 | 0.7400 | 0.5000 | 0.7200 | 0.8200 | 0.9000 | 0.9725 | 1.012 | 1.095 |
| Announcement Date | 2/28/20 | 2/26/21 | 2/28/22 | 2/27/23 | 2/26/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,208 | 1,682 | 775 | 812.5 | 972 | 1,004 | 1,977 | 1,056 | 806 | - | 1,008 | 1,003 | 2,011 | 963.3 | 985 | 1,036 |
| EBITDA 1 | 153.5 | 302.8 | 131.4 | 140.5 | 159.5 | 164.4 | 323.8 | 171.5 | 138 | 309.5 | 179.3 | 184.6 | 363.9 | 172.9 | 176.4 | 191.6 |
| EBIT 1 | 90.15 | 220.6 | 91.8 | 91.09 | 117.7 | 115.9 | 233.6 | 117.1 | 96 | - | 134.3 | 135.8 | 270.1 | 127 | 131 | 146 |
| Operating Margin | 7.46% | 13.12% | 11.85% | 11.21% | 12.11% | 11.54% | 11.82% | 11.09% | 11.91% | - | 13.32% | 13.54% | 13.43% | 13.18% | 13.3% | 14.09% |
| Earnings before Tax (EBT) | 65.16 | 201 | 80.3 | 98.99 | 108.9 | 113.3 | 222.2 | 110.2 | 89 | - | 120 | 118.9 | 238.9 | 104.4 | 106 | - |
| Net income 1 | 58.3 | 148.2 | 57.9 | 61.44 | 82.2 | 78.1 | 160.3 | 75.2 | 65 | - | 90 | 88.3 | 178.3 | 75.2 | 67 | 93 |
| Net margin | 4.82% | 8.81% | 7.47% | 7.56% | 8.46% | 7.78% | 8.11% | 7.12% | 8.06% | - | 8.93% | 8.8% | 8.87% | 7.81% | 6.8% | 8.97% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/24/20 | 7/28/21 | 10/20/21 | 2/28/22 | 4/28/22 | 7/27/22 | 7/27/22 | 10/20/22 | 2/27/23 | 2/27/23 | 5/8/23 | 7/21/23 | 7/21/23 | 10/18/23 | 2/26/24 | 5/8/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,571 | 1,639 | 1,395 | 1,290 | 1,135 | 924 | 613 | 309 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.643 x | 3.801 x | 2.427 x | 2.036 x | 1.591 x | 1.221 x | 0.771 x | 0.3716 x |
| Free Cash Flow 1 | 327 | 233 | 273 | 362 | 295 | 306 | 368 | 397 |
| ROE (net income / shareholders' equity) | 37.7% | 24.9% | 32.7% | 28.2% | 26.4% | 25.5% | 20.6% | 19.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | 5.66% | 5.8% | 5.8% | 6.1% |
| Assets 1 | - | - | - | - | 5,656 | 5,994 | 6,489 | 6,637 |
| Book Value Per Share 2 | 6.520 | 5.280 | 8.060 | 9.330 | 10.70 | 12.90 | 15.10 | 17.30 |
| Cash Flow per Share 2 | 4.270 | 3.120 | 3.800 | 4.800 | 4.310 | 4.960 | - | - |
| Capex 1 | 223 | 159 | 192 | 217 | 220 | 229 | 226 | 235 |
| Capex / Sales | 6.45% | 5.5% | 5.87% | 5.64% | 5.57% | 5.58% | 5.34% | 5.35% |
| Announcement Date | 2/28/20 | 2/26/21 | 2/28/22 | 2/27/23 | 2/26/24 | - | - | - |
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
BUY
Number of Analysts
8
Last Close Price
27.9
EUR
Average target price
32.07
EUR
Spread / Average Target
+14.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +8.48% | 3.63B | |
| +23.77% | 49.31B | |
| -8.38% | 22.39B | |
| +20.25% | 20.29B | |
| +27.95% | 17.81B | |
| -4.22% | 15.17B | |
| -17.65% | 13.77B | |
| -19.01% | 13.69B | |
| +32.05% | 11.8B | |
| +39.80% | 10.96B |
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