Financials Ringmetall Xetra

Equities

End-of-day quote Xetra Other stock markets 06:00:00 2024-02-04 pm EST			5-day change	1st Jan Change
3.16 ^EUR	+0.64%		-5.39%	+3.27%

Apr. 29	Ringmetall SE Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 06	Transcript : Ringmetall SE, 2023 Earnings Call, Feb 06, 2024

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	76.74	71.8	126.7	120.6	88.95	107.8	-	-
Enterprise Value (EV) ¹	104.1	99.76	153.8	141.2	88.95	107.8	107.8	107.8
P/E ratio	29.3 x	30.9 x	8.72 x	7.98 x	15.3 x	14.8 x	10.9 x	9.76 x
Yield	2.27%	2.43%	2.06%	2.41%	-	2.16%	2.43%	-
Capitalization / Revenue	0.64 x	0.61 x	0.74 x	0.57 x	0.49 x	0.57 x	0.51 x	0.45 x
EV / Revenue	0.64 x	0.61 x	0.74 x	0.57 x	0.49 x	0.57 x	0.51 x	0.45 x
EV / EBITDA	7.65 x	5.89 x	4.76 x	4.26 x	4.64 x	4.67 x	3.99 x	3.54 x
EV / FCF	10.6 x	6.57 x	11.2 x	7.51 x	-	30.8 x	-19.6 x	15.2 x
FCF Yield	9.46%	15.2%	8.91%	13.3%	-	3.25%	-5.1%	6.58%
Price to Book	1.57 x	1.47 x	2.02 x	1.58 x	-	-	-	-
Nbr of stocks (in thousands)	29,069	29,069	29,069	29,069	29,069	29,069	-	-
Reference price ²	2.640	2.470	4.360	4.150	3.060	3.710	3.710	3.710
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	120.6	118	172.3	213.5	181.6	188.1	212.6	238.3
EBITDA ¹	10.03	12.18	26.62	28.3	19.16	23.1	27	30.5
EBIT ¹	4.969	5.987	20.18	21.28	11.29	14.4	18.7	21.4
Operating Margin	4.12%	5.07%	11.71%	9.97%	6.22%	7.66%	8.8%	8.98%
Earnings before Tax (EBT) ¹	3.859	4.28	19.54	20.55	9.608	12.3	16.7	18.8
Net income ¹	2.707	2.388	14.45	15.22	5.82	8	10.9	12.3
Net margin	2.24%	2.02%	8.38%	7.13%	3.21%	4.25%	5.13%	5.16%
EPS ²	0.0900	0.0800	0.5000	0.5200	0.2000	0.2500	0.3400	0.3800
Free Cash Flow ¹	7.261	10.93	11.29	16.06	-	3.5	-5.5	7.1
FCF margin	6.02%	9.27%	6.55%	7.52%	-	1.86%	-2.59%	2.98%
FCF Conversion (EBITDA)	72.4%	89.75%	42.42%	56.73%	-	15.15%	-	23.28%
FCF Conversion (Net income)	268.23%	457.79%	78.16%	105.45%	-	43.75%	-	57.72%
Dividend per Share ²	0.0600	0.0600	0.0900	0.1000	-	0.0800	0.0900	-
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	27.4	28	27	20.6	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.73 x	2.296 x	1.015 x	0.7263 x	-	-	-	-
Free Cash Flow ¹	7.26	10.9	11.3	16.1	-	3.5	-5.5	7.1
ROE (net income / shareholders' equity)	5.61%	4.89%	25.9%	11.9%	-	-	-	-
ROA (Net income/ Total Assets)	2.97%	-	-	-	-	-	-	-
Assets ¹	91.14	-	-	-	-	-	-	-
Book Value Per Share	1.680	1.680	2.160	2.630	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	2.3	1.25	2.78	2.38	-	9.5	20.8	10.1
Capex / Sales	1.91%	1.06%	1.61%	1.12%	-	5.05%	9.78%	4.24%
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.71 EUR

Average target price

5.6 EUR

Spread / Average Target

+50.94%

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