Financials Sogeclair S.A

Equities

Market Closed - Euronext Paris Other stock markets 11:35:23 2024-05-03 am EDT			5-day change	1st Jan Change
23.2 ^EUR	-1.69%		+7.41%	+26.43%

Apr. 30	Sogeclair SA Reports Consolidated Turnover for the First Quarter of 2024	CI
Mar. 13	Sogeclair SA Proposes Dividend for the Year Ended December 31, 2023	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	61.94	86.5	62.66	73.47	60.91	71.92	71.92	-
Enterprise Value (EV) ¹	78.92	110.3	81.15	87.78	77.21	55.92	83.92	77.72
P/E ratio	9.83 x	17.4 x	-4.38 x	27.9 x	30.6 x	19.7 x	11.5 x	10.1 x
Yield	2.98%	3.07%	4.25%	3.75%	4.52%	5.12%	3.9%	3.9%
Capitalization / Revenue	0.39 x	0.47 x	0.51 x	0.61 x	0.45 x	0.38 x	0.45 x	0.42 x
EV / Revenue	0.5 x	0.6 x	0.66 x	0.73 x	0.57 x	0.38 x	0.53 x	0.46 x
EV / EBITDA	5.06 x	6.53 x	12.5 x	8.36 x	6.13 x	3.35 x	4.61 x	3.89 x
EV / FCF	-18.3 x	22.1 x	3.7 x	-36.6 x	-36.1 x	67.1 x	8.43 x	8.18 x
FCF Yield	-5.46%	4.53%	27%	-2.74%	-2.77%	1.49%	11.9%	12.2%
Price to Book	1.27 x	1.44 x	-	-	-	1.52 x	1.44 x	1.32 x
Nbr of stocks (in thousands)	2,753	2,952	2,956	3,061	3,061	3,048	3,048	-
Reference price ²	22.50	29.30	21.20	24.00	19.90	23.60	23.60	23.60
Announcement Date	3/20/19	3/18/20	3/17/21	3/16/22	3/15/23	3/13/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	159.4	185	123.1	121	134.9	148	158.4	169.7
EBITDA ¹	15.6	16.9	6.5	10.5	12.6	16.7	18.2	20
EBIT ¹	9.1	8.8	-13.3	4.1	4.7	6.9	9.05	10.55
Operating Margin	5.71%	4.76%	-10.8%	3.39%	3.48%	4.66%	5.72%	6.22%
Earnings before Tax (EBT)	8.061	7.799	-	-	-	-	-	-
Net income ¹	6.3	5	-14.3	2.6	2	3.1	6.3	7.1
Net margin	3.95%	2.7%	-11.62%	2.15%	1.48%	2.09%	3.98%	4.18%
EPS ²	2.290	1.680	-4.840	0.8600	0.6500	1.200	2.050	2.330
Free Cash Flow ¹	-4.305	4.999	21.92	-2.401	-2.137	1.2	9.95	9.5
FCF margin	-2.7%	2.7%	17.81%	-1.98%	-1.58%	0.81%	6.28%	5.6%
FCF Conversion (EBITDA)	-	29.58%	337.31%	-	-	8.16%	54.67%	47.5%
FCF Conversion (Net income)	-	99.98%	-	-	-	32.43%	157.94%	133.8%
Dividend per Share ²	0.6700	0.9000	0.9000	0.9000	0.9000	0.9400	0.9200	0.9200
Announcement Date	3/20/19	3/18/20	3/17/21	3/16/22	3/15/23	3/13/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	17	23.8	18.5	14.3	16.3	8.6	12	5.8
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.088 x	1.408 x	2.844 x	1.363 x	1.294 x	0.585 x	0.6593 x	0.29 x
Free Cash Flow ¹	-4.31	5	21.9	-2.4	-2.14	1.2	9.95	9.5
ROE (net income / shareholders' equity)	12.8%	8.87%	-28.1%	5.87%	4.08%	5.04%	9.4%	10.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	17.70	20.40	-	-	-	15.50	16.40	17.90
Cash Flow per Share ²	4.590	5.590	0.3400	2.160	3.910	4.260	5.290	5.790
Capex ¹	4.3	3.64	3.92	-	-	5.7	6.3	6.8
Capex / Sales	2.7%	1.97%	3.18%	-	-	3.85%	3.98%	4.01%
Announcement Date	3/20/19	3/18/20	3/17/21	3/16/22	3/15/23	3/13/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

23.6 EUR

Average target price

30.2 EUR

Spread / Average Target

+27.97%

	1st Jan change	Capi.
SOGECLAIR S.A	+26.43%	76.95M
RTX CORPORATION	+20.06%	135B
GENERAL DYNAMICS CORPORATION	+11.08%	78.71B
NORTHROP GRUMMAN CORPORATION	+0.07%	70.3B
BAE SYSTEMS PLC	+22.60%	50.04B
ROLLS-ROYCE HOLDINGS PLC	+39.51%	42.48B
L3HARRIS TECHNOLOGIES, INC.	+0.55%	40.09B
HINDUSTAN AERONAUTICS LIMITED	+39.81%	31.63B
AXON ENTERPRISE, INC.	+23.28%	23.9B
BHARAT ELECTRONICS LIMITED	+27.19%	20.56B