Real-time Estimate
Cboe BZX
12:23:40 2024-05-08 pm EDT
|
5-day change
|
1st Jan Change
|
102
USD
|
-1.03%
|
|
-2.08%
|
-0.91%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
9,722
|
6,439
|
10,604
|
8,205
|
8,411
|
8,551
|
-
|
-
|
Enterprise Value (EV)
1 |
13,023
|
10,077
|
14,634
|
12,595
|
12,760
|
13,057
|
13,005
|
12,907
|
P/E ratio
|
27.9
x
|
52.5
x
|
41.8
x
|
21.5
x
|
36.8
x
|
36.7
x
|
32.9
x
|
28.2
x
|
Yield
|
3.24%
|
4.96%
|
3.13%
|
4.26%
|
4.21%
|
4.25%
|
4.32%
|
4.42%
|
Capitalization / Revenue
|
10.4
x
|
7.74
x
|
11.2
x
|
7.65
x
|
7.44
x
|
7.27
x
|
6.87
x
|
6.36
x
|
EV / Revenue
|
14
x
|
12.1
x
|
15.4
x
|
11.7
x
|
11.3
x
|
11.1
x
|
10.4
x
|
9.6
x
|
EV / EBITDA
|
21.9
x
|
20
x
|
25
x
|
18.9
x
|
17.8
x
|
17.2
x
|
16.3
x
|
15.3
x
|
EV / FCF
|
250
x
|
-76.3
x
|
475
x
|
126
x
|
52.1
x
|
128
x
|
97
x
|
-
|
FCF Yield
|
0.4%
|
-1.31%
|
0.21%
|
0.79%
|
1.92%
|
0.78%
|
1.03%
|
-
|
Price to Book
|
3.84
x
|
2.65
x
|
4.15
x
|
2.78
x
|
2.88
x
|
3.01
x
|
3.12
x
|
3.18
x
|
Nbr of stocks (in thousands)
|
75,523
|
75,647
|
77,789
|
81,209
|
81,623
|
82,949
|
-
|
-
|
Reference price
2 |
128.7
|
85.12
|
136.3
|
101.0
|
103.0
|
103.1
|
103.1
|
103.1
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/10/22
|
2/8/23
|
2/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
932.7
|
832.2
|
948.8
|
1,073
|
1,131
|
1,177
|
1,245
|
1,344
|
EBITDA
1 |
594.3
|
503.7
|
584.8
|
665
|
718.4
|
759.3
|
798.5
|
843.1
|
EBIT
1 |
354.5
|
248.6
|
304.8
|
362.6
|
396.6
|
403.7
|
450.2
|
499.1
|
Operating Margin
|
38.01%
|
29.88%
|
32.12%
|
33.78%
|
35.06%
|
34.31%
|
36.17%
|
37.13%
|
Earnings before Tax (EBT)
1 |
360.5
|
135.9
|
269.1
|
395.7
|
247.2
|
259.6
|
293.5
|
323.7
|
Net income
1 |
345.8
|
123.7
|
253.5
|
377.5
|
229
|
234.2
|
265.7
|
305.2
|
Net margin
|
37.08%
|
14.86%
|
26.71%
|
35.17%
|
20.24%
|
19.91%
|
21.35%
|
22.71%
|
EPS
2 |
4.610
|
1.620
|
3.260
|
4.710
|
2.800
|
2.809
|
3.136
|
3.653
|
Free Cash Flow
1 |
52.01
|
-132
|
30.84
|
100.1
|
244.7
|
101.7
|
134.1
|
-
|
FCF margin
|
5.58%
|
-15.86%
|
3.25%
|
9.32%
|
21.64%
|
8.65%
|
10.78%
|
-
|
FCF Conversion (EBITDA)
|
8.75%
|
-
|
5.27%
|
15.05%
|
34.07%
|
13.4%
|
16.8%
|
-
|
FCF Conversion (Net income)
|
15.04%
|
-
|
12.17%
|
26.51%
|
106.88%
|
43.43%
|
50.48%
|
-
|
Dividend per Share
2 |
4.170
|
4.220
|
4.260
|
4.300
|
4.340
|
4.380
|
4.453
|
4.557
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/10/22
|
2/8/23
|
2/12/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
247
|
253.9
|
256.8
|
263.8
|
273.2
|
279.8
|
272.8
|
280.4
|
286.3
|
291.5
|
291
|
293
|
297.3
|
304.3
|
304.9
|
EBITDA
1 |
156.2
|
152.8
|
157.7
|
168.1
|
168.7
|
170.5
|
172.7
|
180.8
|
181.8
|
183
|
183.6
|
188.2
|
190.5
|
193.2
|
194.8
|
EBIT
1 |
85.57
|
74.97
|
85.98
|
93.6
|
91.63
|
91.34
|
94.11
|
101.8
|
100.1
|
100.6
|
100.2
|
107.3
|
108.6
|
110.5
|
111.2
|
Operating Margin
|
34.64%
|
29.53%
|
33.49%
|
35.48%
|
33.54%
|
32.65%
|
34.5%
|
36.31%
|
34.95%
|
34.51%
|
34.43%
|
36.61%
|
36.52%
|
36.33%
|
36.47%
|
Earnings before Tax (EBT)
1 |
54.54
|
-
|
54.73
|
64.47
|
158.8
|
117.7
|
57.73
|
-
|
-
|
67.09
|
58.02
|
66.18
|
66.88
|
67.96
|
71.28
|
Net income
1 |
50.11
|
112.9
|
49.97
|
59.67
|
154.1
|
113.7
|
53.33
|
58.49
|
55.04
|
62.1
|
54.73
|
58.24
|
65.25
|
63.62
|
63.89
|
Net margin
|
20.29%
|
44.48%
|
19.46%
|
22.62%
|
56.42%
|
40.63%
|
19.55%
|
20.86%
|
19.22%
|
21.3%
|
18.8%
|
19.87%
|
21.95%
|
20.91%
|
20.95%
|
EPS
2 |
0.6400
|
1.440
|
0.6300
|
0.7500
|
1.890
|
1.400
|
0.6500
|
0.7200
|
0.6700
|
0.7600
|
0.6600
|
0.6959
|
0.7154
|
0.7429
|
0.7695
|
Dividend per Share
2 |
1.070
|
1.070
|
1.070
|
1.070
|
1.080
|
1.110
|
1.080
|
1.090
|
1.090
|
1.090
|
1.090
|
1.090
|
1.105
|
1.105
|
1.113
|
Announcement Date
|
11/4/21
|
2/10/22
|
5/5/22
|
8/4/22
|
11/3/22
|
2/8/23
|
5/4/23
|
8/2/23
|
11/2/23
|
2/12/24
|
5/2/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,301
|
3,638
|
4,030
|
4,389
|
4,348
|
4,506
|
4,454
|
4,355
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.555
x
|
7.222
x
|
6.892
x
|
6.601
x
|
6.053
x
|
5.935
x
|
5.578
x
|
5.166
x
|
Free Cash Flow
1 |
52
|
-132
|
30.8
|
100
|
245
|
102
|
134
|
-
|
ROE (net income / shareholders' equity)
|
14.2%
|
4.95%
|
6.48%
|
7.72%
|
7.74%
|
7.62%
|
9.66%
|
11.5%
|
ROA (Net income/ Total Assets)
|
5.29%
|
1.72%
|
2.15%
|
4.76%
|
2.75%
|
2.65%
|
3.1%
|
3.82%
|
Assets
1 |
6,542
|
7,201
|
11,804
|
7,928
|
8,335
|
8,824
|
8,582
|
7,997
|
Book Value Per Share
2 |
33.60
|
32.10
|
32.80
|
36.30
|
35.80
|
34.30
|
33.00
|
32.40
|
Cash Flow per Share
2 |
6.180
|
4.900
|
6.090
|
6.420
|
6.840
|
6.530
|
7.160
|
7.530
|
Capex
1 |
410
|
502
|
441
|
417
|
311
|
324
|
326
|
327
|
Capex / Sales
|
43.95%
|
60.32%
|
46.43%
|
38.82%
|
27.51%
|
27.5%
|
26.17%
|
24.33%
|
Announcement Date
|
2/10/20
|
2/11/21
|
2/10/22
|
2/8/23
|
2/12/24
|
-
|
-
|
-
|
Last Close Price
103.1
USD Average target price
114.6
USD Spread / Average Target +11.18% Consensus |
1st Jan change
|
Capi.
|
---|
| -0.91% | 8.55B | | -4.25% | 47.38B | | -6.58% | 20.94B | | +0.81% | 13.64B | | +18.14% | 11.96B | | -5.83% | 9.55B | | -14.85% | 8.38B | | +2.43% | 7.82B | | -17.44% | 5.77B | | +7.16% | 5.45B |
Other Commercial REITs
|