Financials 1&1 AG

Equities

1U1

DE0005545503

Wireless Telecommunications Services

Market Closed - Xetra 09:05:26 26/04/2024 pm IST 5-day change 1st Jan Change
16.88 EUR +1.93% Intraday chart for 1&1 AG +5.24% -6.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,033 3,603 4,234 2,045 3,198 2,976 - -
Enterprise Value (EV) 1 3,972 3,575 5,353 2,045 3,198 3,892 3,989 3,821
P/E ratio 10.8 x 16.5 x 11.4 x 5.58 x 10.2 x 9.2 x 8.97 x 9.28 x
Yield 0.22% 0.24% 0.21% - 0.28% 0.3% 0.3% 0.3%
Capitalization / Revenue 1.1 x 0.95 x 1.08 x 0.52 x 0.78 x 0.71 x 0.69 x 0.68 x
EV / Revenue 1.08 x 0.94 x 1.37 x 0.52 x 0.78 x 0.92 x 0.93 x 0.87 x
EV / EBITDA 5.81 x 7.63 x 7.53 x 2.95 x 4.89 x 5.35 x 5.27 x 4.94 x
EV / FCF 11.2 x 14.7 x 13.6 x - -45.6 x 47.2 x 20 x 28 x
FCF Yield 8.95% 6.81% 7.37% - -2.19% 2.12% 5.01% 3.57%
Price to Book 0.87 x 0.74 x 0.81 x - 0.54 x 0.49 x 0.46 x 0.45 x
Nbr of stocks (in thousands) 1,76,265 1,76,265 1,76,265 1,76,300 1,76,300 1,76,300 - -
Reference price 2 22.88 20.44 24.02 11.60 18.14 16.88 16.88 16.88
Announcement Date 25/03/20 25/03/21 17/03/22 29/03/23 21/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,675 3,787 3,910 3,964 4,097 4,218 4,303 4,408
EBITDA 1 683.5 468.5 711.3 693.3 653.8 727.9 757.5 773.4
EBIT 1 528.5 313.1 546.7 534.9 455.8 481.1 501.3 505.9
Operating Margin 14.38% 8.27% 13.98% 13.49% 11.13% 11.41% 11.65% 11.48%
Earnings before Tax (EBT) 1 522.4 312.6 535.1 531.5 464.9 435.8 423.9 390.8
Net income 1 373.6 219.6 370 367.3 315 322.1 315.1 301.8
Net margin 10.17% 5.8% 9.46% 9.27% 7.69% 7.64% 7.32% 6.85%
EPS 2 2.120 1.240 2.100 2.080 1.780 1.835 1.882 1.819
Free Cash Flow 1 355.4 243.4 394.6 - -70.06 82.5 199.7 136.5
FCF margin 9.67% 6.43% 10.09% - -1.71% 1.96% 4.64% 3.1%
FCF Conversion (EBITDA) 52% 51.96% 55.47% - - 11.33% 26.36% 17.65%
FCF Conversion (Net income) 95.12% 110.85% 106.63% - - 25.61% 63.38% 45.23%
Dividend per Share 2 0.0500 0.0500 0.0500 - 0.0500 0.0500 0.0500 0.0500
Announcement Date 25/03/20 25/03/21 17/03/22 29/03/23 21/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 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 1 1,881 - 971.3 1,008 975.9 976.1 998.3 1,013 1,021 972.1 1,039 1,065 1,059 1,021 1,070 1,079 -
EBITDA 329.6 375.5 176.5 159.3 187.1 181.1 180.8 144.3 - - 159.1 142.7 - - - - -
EBIT 254.1 - 134.2 116.2 146.8 - - - - - - - - - - - -
Operating Margin 13.51% - 13.82% 11.53% 15.04% - - - - - - - - - - - -
Earnings before Tax (EBT) - - - 105.1 - - - - - - - - - - - - -
Net income 1 - - 96.18 66.59 101.6 97.4 97.76 - 93.97 86 73.05 61.93 86.53 81.19 76.94 71.35 -
Net margin - - 9.9% 6.61% 10.41% 9.98% 9.79% - 9.2% 8.85% 7.03% 5.82% 8.17% 7.95% 7.19% 6.61% -
EPS 2 1.050 - 0.5500 0.4000 0.5800 0.5500 0.5500 0.4000 0.5800 0.4900 0.4200 0.3400 0.5148 0.4796 0.4576 0.3618 -
Dividend per Share 2 - - - - - - - - - - - - - 0.0500 - - -
Announcement Date 13/08/20 05/08/21 09/11/21 17/03/22 12/05/22 04/08/22 10/11/22 29/03/23 10/05/23 03/08/23 10/11/23 21/03/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 1,120 - - 916 1,013 845
Net Cash position 1 60.7 28 - - - - - -
Leverage (Debt/EBITDA) - - 1.574 x - - 1.258 x 1.337 x 1.092 x
Free Cash Flow 1 355 243 395 - -70.1 82.5 200 137
ROE (net income / shareholders' equity) 8.38% 4.63% 7.35% - 5.49% 5.45% 5.16% 4.84%
ROA (Net income/ Total Assets) 6.38% - - - 4.2% 3.67% - -
Assets 1 5,854 - - - 7,499 8,765 - -
Book Value Per Share 2 26.30 27.50 29.60 - 33.40 34.70 36.40 37.90
Cash Flow per Share 2 2.130 2.530 2.450 - 1.280 2.830 3.290 -
Capex 1 20.5 207 37.4 - 296 385 370 374
Capex / Sales 0.56% 5.47% 0.96% - 7.22% 9.12% 8.59% 8.48%
Announcement Date 25/03/20 25/03/21 17/03/22 29/03/23 21/03/24 - - -
1EUR in Million2EUR
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
OUTPERFORM
Number of Analysts
15
Last Close Price
16.88 EUR
Average target price
20.47 EUR
Spread / Average Target
+21.26%
Consensus
  1. Stock Market
  2. Equities
  3. 1U1 Stock
  4. Financials 1&1 AG