Financials Schloss Wachenheim AG

Equities

Market Closed - Xetra Other stock markets 11:36:20 2024-05-15 am EDT			5-day change	1st Jan Change
15.4 ^EUR	+0.65%		+2.67%	-6.10%

May. 08	Schloss Wachenheim AG Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI
Feb. 22	Schloss Wachenheim AG Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	126.3	116.4	150.5	135.4	129.9	121.2	-	-
Enterprise Value (EV) ¹	168.5	189.8	205.8	199.4	198.8	199.7	193	175.4
P/E ratio	11.6 x	15.3 x	14.4 x	9.88 x	11.9 x	10.7 x	9.16 x	9.39 x
Yield	3.13%	2.72%	2.63%	3.51%	3.66%	3.92%	3.92%	3.92%
Capitalization / Revenue	0.37 x	0.34 x	0.42 x	0.35 x	0.31 x	0.27 x	0.26 x	0.25 x
EV / Revenue	0.5 x	0.56 x	0.58 x	0.52 x	0.47 x	0.45 x	0.41 x	0.36 x
EV / EBITDA	5.2 x	5.68 x	5.2 x	4.43 x	4.47 x	4.33 x	3.77 x	3.33 x
EV / FCF	13.3 x	141 x	8.39 x	46.3 x	16.4 x	22.4 x	8.77 x	7.4 x
FCF Yield	7.54%	0.71%	11.9%	2.16%	6.09%	4.46%	11.4%	13.5%
Price to Book	0.76 x	0.69 x	0.86 x	0.74 x	-	0.61 x	0.6 x	-
Nbr of stocks (in thousands)	7,920	7,920	7,920	7,920	7,920	7,920	-	-
Reference price ²	15.95	14.70	19.00	17.10	16.40	15.30	15.30	15.30
Announcement Date	9/19/19	9/23/20	9/23/21	9/22/22	9/21/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	337.2	338.2	354.6	384	425.8	447.6	470.4	489.4
EBITDA ¹	32.4	33.4	39.6	45	44.5	46.16	51.13	52.7
EBIT ¹	22.98	18.97	24.42	29.18	27.38	28.16	32.42	32.3
Operating Margin	6.81%	5.61%	6.89%	7.6%	6.43%	6.29%	6.89%	6.6%
Earnings before Tax (EBT) ¹	21.66	17.15	22.99	27.7	24.46	24.61	28.76	28.7
Net income ¹	10.89	7.615	10.43	13.73	10.9	11.3	13.23	12.9
Net margin	3.23%	2.25%	2.94%	3.58%	2.56%	2.52%	2.81%	2.64%
EPS ²	1.380	0.9600	1.320	1.730	1.380	1.430	1.670	1.630
Free Cash Flow ¹	12.71	1.346	24.52	4.304	12.11	8.9	22	23.7
FCF margin	3.77%	0.4%	6.91%	1.12%	2.84%	1.99%	4.68%	4.84%
FCF Conversion (EBITDA)	39.23%	4.03%	61.92%	9.56%	27.22%	19.28%	43.03%	44.97%
FCF Conversion (Net income)	116.72%	17.68%	235.17%	31.35%	111.06%	78.78%	166.34%	183.72%
Dividend per Share ²	0.5000	0.4000	0.5000	0.6000	0.6000	0.6000	0.6000	0.6000
Announcement Date	9/19/19	9/23/20	9/23/21	9/22/22	9/21/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	42.2	73.4	55.3	64	68.9	78.5	71.8	54.2
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.303 x	2.198 x	1.396 x	1.421 x	1.549 x	1.701 x	1.405 x	1.028 x
Free Cash Flow ¹	12.7	1.35	24.5	4.3	12.1	8.9	22	23.7
ROE (net income / shareholders' equity)	6.71%	4.56%	6.09%	7.67%	5.81%	6.1%	6.7%	7.9%
ROA (Net income/ Total Assets)	3.18%	2.12%	2.78%	3.49%	2.56%	6.3%	6.6%	6.8%
Assets ¹	342	359.4	375.4	393.3	426.7	179.3	200.4	189.7
Book Value Per Share ²	21.00	21.20	22.00	23.20	-	25.00	25.60	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	14.3	11.6	18.1	17.6	14.3	24.8	20.3	20.8
Capex / Sales	4.24%	3.43%	5.12%	4.59%	3.36%	5.55%	4.31%	4.25%
Announcement Date	9/19/19	9/23/20	9/23/21	9/22/22	9/21/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.3 EUR

Average target price

20.53 EUR

Spread / Average Target

+34.20%

	1st Jan change	Capi.
SCHLOSS WACHENHEIM AG	-6.71%	131M
TREASURY WINE ESTATES LIMITED	+6.49%	6.18B
YANTAI CHANGYU PIONEER WINE COMPANY LIMITED	+6.92%	1.92B
THE DUCKHORN PORTFOLIO, INC.	-18.07%	1.19B
VIÑA CONCHA Y TORO S.A.	+19.51%	999M
CITIC NIYA WINE CO., LTD.	-26.21%	901M
C&C GROUP PLC	+12.71%	839M
LAURENT-PERRIER	0.00%	775M
SULA VINEYARDS LIMITED	+0.26%	505M
WEILONG GRAPE WINE CO., LTD	-17.15%	417M