Real-time Estimate
Tradegate
04:08:19 2024-05-06 am EDT
|
5-day change
|
1st Jan Change
|
22.57
EUR
|
+0.76%
|
|
-1.66%
|
-2.08%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,750
|
6,446
|
6,524
|
3,527
|
3,982
|
3,871
|
-
|
-
|
Enterprise Value (EV)
1 |
7,371
|
7,699
|
8,236
|
5,642
|
3,982
|
6,773
|
7,332
|
6,964
|
P/E ratio
|
13.7
x
|
22.4
x
|
15.7
x
|
9.64
x
|
17.1
x
|
11.2
x
|
10.2
x
|
9.04
x
|
Yield
|
1.71%
|
1.45%
|
1.43%
|
2.65%
|
-
|
2.21%
|
2.33%
|
2.58%
|
Capitalization / Revenue
|
1.11
x
|
1.2
x
|
1.16
x
|
0.6
x
|
0.64
x
|
0.6
x
|
0.57
x
|
0.56
x
|
EV / Revenue
|
1.42
x
|
1.43
x
|
1.46
x
|
0.95
x
|
0.64
x
|
1.04
x
|
1.09
x
|
1
x
|
EV / EBITDA
|
5.82
x
|
6.53
x
|
6.54
x
|
4.47
x
|
3.08
x
|
4.75
x
|
4.76
x
|
4.26
x
|
EV / FCF
|
12.8
x
|
16.1
x
|
13.8
x
|
-67.3
x
|
-
|
8.77
x
|
14.3
x
|
10.1
x
|
FCF Yield
|
7.82%
|
6.22%
|
7.26%
|
-1.49%
|
-
|
11.4%
|
6.99%
|
9.89%
|
Price to Book
|
1.35
x
|
1.43
x
|
1.46
x
|
0.74
x
|
-
|
0.75
x
|
0.71
x
|
0.66
x
|
Nbr of stocks (in thousands)
|
196,383
|
187,231
|
186,716
|
186,716
|
172,816
|
172,816
|
-
|
-
|
Reference price
2 |
29.28
|
34.43
|
34.94
|
18.89
|
23.04
|
22.40
|
22.40
|
22.40
|
Announcement Date
|
3/26/20
|
3/25/21
|
3/18/22
|
3/30/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,194
|
5,367
|
5,646
|
5,915
|
6,213
|
6,489
|
6,736
|
6,974
|
EBITDA
1 |
1,266
|
1,179
|
1,259
|
1,262
|
1,292
|
1,426
|
1,541
|
1,635
|
EBIT
1 |
791.7
|
704.8
|
829.9
|
781.4
|
762
|
802.8
|
876.7
|
934.4
|
Operating Margin
|
15.24%
|
13.13%
|
14.7%
|
13.21%
|
12.26%
|
12.37%
|
13.02%
|
13.4%
|
Earnings before Tax (EBT)
1 |
779.7
|
556.2
|
773.3
|
711.5
|
597.6
|
651.2
|
741.1
|
805.5
|
Net income
1 |
423.9
|
290.5
|
416.5
|
367.2
|
232.7
|
351.2
|
384.1
|
439.4
|
Net margin
|
8.16%
|
5.41%
|
7.38%
|
6.21%
|
3.75%
|
5.41%
|
5.7%
|
6.3%
|
EPS
2 |
2.130
|
1.540
|
2.220
|
1.960
|
1.350
|
2.005
|
2.190
|
2.478
|
Free Cash Flow
1 |
576.2
|
478.7
|
597.9
|
-83.86
|
-
|
772.7
|
512.2
|
689
|
FCF margin
|
11.09%
|
8.92%
|
10.59%
|
-1.42%
|
-
|
11.91%
|
7.6%
|
9.88%
|
FCF Conversion (EBITDA)
|
45.52%
|
40.61%
|
47.47%
|
-
|
-
|
54.2%
|
33.24%
|
42.14%
|
FCF Conversion (Net income)
|
135.91%
|
164.76%
|
143.56%
|
-
|
-
|
220.01%
|
133.35%
|
156.82%
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5000
|
0.5000
|
-
|
0.4954
|
0.5225
|
0.5780
|
Announcement Date
|
3/26/20
|
3/25/21
|
3/18/22
|
3/30/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
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
|
2,658
|
1,392
|
1,478
|
1,444
|
1,457
|
1,483
|
1,531
|
1,538
|
1,483
|
1,561
|
1,624
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
620.5
|
321.3
|
307.3
|
330
|
325.1
|
328.2
|
279.2
|
319
|
351.1
|
325.8
|
296.2
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
385.4
|
202
|
185.9
|
210.2
|
209.4
|
214.7
|
147.2
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
14.5%
|
14.51%
|
12.58%
|
14.56%
|
14.37%
|
14.47%
|
9.62%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
375.5
|
-
|
152.8
|
193.2
|
190.4
|
197.7
|
130.2
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
198.9
|
101.9
|
79.58
|
102.1
|
93.4
|
111.1
|
60.44
|
73.54
|
111.1
|
66.91
|
26.76
|
63.98
|
97
|
84.88
|
81.4
|
-
|
Net margin
|
7.48%
|
7.32%
|
5.38%
|
7.07%
|
6.41%
|
7.49%
|
3.95%
|
4.78%
|
7.49%
|
4.29%
|
1.65%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
1.060
|
0.5400
|
0.4300
|
0.5500
|
0.5000
|
0.5400
|
0.3700
|
0.4100
|
0.5900
|
0.3800
|
0.1800
|
0.3648
|
0.5530
|
0.4839
|
0.4641
|
-
|
Dividend per Share
2 |
-
|
-
|
0.5000
|
-
|
-
|
-
|
0.5000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.5000
|
-
|
Announcement Date
|
8/13/20
|
11/9/21
|
3/18/22
|
5/12/22
|
8/4/22
|
11/10/22
|
3/30/23
|
5/10/23
|
8/3/23
|
11/10/23
|
3/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,621
|
1,253
|
1,713
|
2,115
|
-
|
2,902
|
3,461
|
3,093
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.281
x
|
1.063
x
|
1.36
x
|
1.675
x
|
-
|
2.036
x
|
2.246
x
|
1.891
x
|
Free Cash Flow
1 |
576
|
479
|
598
|
-83.9
|
-
|
773
|
512
|
689
|
ROE (net income / shareholders' equity)
|
9.85%
|
7.48%
|
8.73%
|
7.97%
|
-
|
8%
|
8.61%
|
8.83%
|
ROA (Net income/ Total Assets)
|
4.91%
|
3.17%
|
4.41%
|
3.67%
|
-
|
2.85%
|
2.83%
|
3.19%
|
Assets
1 |
8,630
|
9,180
|
9,450
|
10,014
|
-
|
12,310
|
13,565
|
13,765
|
Book Value Per Share
2 |
21.60
|
24.10
|
23.90
|
25.40
|
-
|
29.80
|
31.50
|
33.80
|
Cash Flow per Share
2 |
4.160
|
4.910
|
4.730
|
3.190
|
-
|
5.660
|
5.680
|
5.300
|
Capex
1 |
253
|
447
|
290
|
681
|
-
|
906
|
808
|
802
|
Capex / Sales
|
4.87%
|
8.33%
|
5.13%
|
11.52%
|
-
|
13.96%
|
12%
|
11.5%
|
Announcement Date
|
3/26/20
|
3/25/21
|
3/18/22
|
3/30/23
|
3/26/24
|
-
|
-
|
-
|
Last Close Price
22.4
EUR Average target price
28.05
EUR Spread / Average Target +25.22% Consensus |