Financials Meyer Burger Technology AG

Equities

MBTN

CH0108503795

Renewable Energy Equipment & Services

Market Closed - Swiss Exchange 11:30:42 2024-05-31 am EDT 5-day change 1st Jan Change
0.0102 CHF -10.53% Intraday chart for Meyer Burger Technology AG -5.56% -94.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 253.3 845 1,079 1,917 700.1 242 - -
Enterprise Value (EV) 1 245.9 705.2 1,029 1,844 897.4 689 763.2 577.1
P/E ratio -6.25 x -8.42 x -10.2 x -26.8 x -2.44 x -0.51 x -1.09 x -113 x
Yield - - - - - - - -
Capitalization / Revenue 0.97 x 9.34 x 27 x 13 x 5.18 x 0.96 x 0.49 x 0.34 x
EV / Revenue 0.94 x 7.8 x 25.8 x 12.5 x 6.65 x 2.73 x 1.55 x 0.81 x
EV / EBITDA -18.2 x -15.8 x -14.2 x -53.3 x -5.49 x -8.56 x 21.2 x 4.1 x
EV / FCF -2.72 x -12.7 x -5.3 x -83.9 x -2.9 x -3.22 x -7.02 x 9.06 x
FCF Yield -36.8% -7.89% -18.9% -1.19% -34.5% -31.1% -14.3% 11%
Price to Book 1.44 x 1.98 x 4 x 3.49 x 3.52 x 1.73 x 20.8 x 0.89 x
Nbr of stocks (in thousands) 675,563 2,508,833 2,650,756 3,579,071 3,581,218 23,728,886 - -
Reference price 2 0.3750 0.3368 0.4070 0.5355 0.1955 0.0102 0.0102 0.0102
Announcement Date 3/12/20 3/10/21 3/24/22 3/23/23 3/14/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 262 90.46 39.9 147.2 135 252.8 492.9 708.9
EBITDA 1 -13.5 -44.6 -72.47 -34.63 -163.6 -80.5 35.97 140.6
EBIT 1 -28.6 -58.08 -85.54 -53.59 -250.2 -122.3 -22.35 68.32
Operating Margin -10.92% -64.21% -214.35% -36.41% -185.27% -48.38% -4.53% 9.64%
Earnings before Tax (EBT) 1 -35.51 -64.21 -99.4 -70.04 -292.8 -164.7 -90.19 -3.618
Net income 1 -39.7 -64.48 -100.5 -69.85 -291.9 -151.5 -43.57 55.23
Net margin -15.15% -71.28% -251.82% -47.45% -216.19% -59.93% -8.84% 7.79%
EPS 2 -0.0600 -0.0400 -0.0400 -0.0200 -0.0800 -0.0198 -0.009390 -0.000090
Free Cash Flow 1 -90.39 -55.65 -194 -21.97 -309.5 -214.1 -108.8 63.71
FCF margin -34.5% -61.52% -486.25% -14.93% -229.22% -84.7% -22.07% 8.99%
FCF Conversion (EBITDA) - - - - - - - 45.3%
FCF Conversion (Net income) - - - - - - - 115.34%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/12/20 3/10/21 3/24/22 3/23/23 3/14/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 S2 2022 S1 2022 Q3 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 51.02 17.97 21.94 56.7 - 90.51 96.86 38.17 97.19 170
EBITDA -27.49 -30.92 -41.55 -24.43 - - -43.31 - - -
EBIT -32.32 -34.11 -51.42 -32.67 - -20.92 -56.12 - - -
Operating Margin -63.36% -189.88% -234.4% -57.63% - -23.11% -57.94% - - -
Earnings before Tax (EBT) - - -64.46 -41.01 - -29.02 - - - -
Net income -38.62 -37.23 -63.26 -41.01 - -28.84 -64.76 - - -
Net margin -75.71% -207.21% -288.34% -72.33% - -31.86% -66.86% - - -
EPS 1 -0.0600 -0.0100 - -0.0200 -0.0800 - -0.0200 - - -
Dividend per Share - - - - - - - - - -
Announcement Date 8/13/20 8/19/21 3/24/22 8/18/22 11/10/22 3/23/23 8/17/23 3/14/24 - -
1CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 197 447 521 335
Net Cash position 1 7.47 140 50.2 72.3 - - - -
Leverage (Debt/EBITDA) - - - - -1.206 x -5.552 x 14.49 x 2.383 x
Free Cash Flow 1 -90.4 -55.7 -194 -22 -310 -214 -109 63.7
ROE (net income / shareholders' equity) -22.2% -30.1% -38.6% -20.2% -94.1% -120% 21.2% 33.6%
ROA (Net income/ Total Assets) -12.7% -22.9% - -11.5% -41.7% -23.6% -13% -
Assets 1 311.9 281.6 - 606.6 700.8 642.2 335.6 -
Book Value Per Share 2 0.2600 0.1700 0.1000 0.1500 0.0600 0.0100 0 0.0100
Cash Flow per Share 2 -0.1300 -0.0200 -0.0300 0.0400 -0.0400 -0 -0.0300 -
Capex 1 7.13 20.7 110 122 157 226 123 71
Capex / Sales 2.72% 22.91% 275.58% 82.87% 116.38% 89.29% 25.04% 10.02%
Announcement Date 3/12/20 3/10/21 3/24/22 3/23/23 3/14/24 - - -
1CHF in Million2CHF
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
0.0102 CHF
Average target price
0.0565 CHF
Spread / Average Target
+453.92%
Consensus
  1. Stock Market
  2. Equities
  3. MBTN Stock
  4. Financials Meyer Burger Technology AG