AMREST HOLDINGS SE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.95 PLN | +1.57% |
|
+8.58% | -2.44% |
| 28/03 | Factbox-Companies sell their businesses in Russia | RE |
| 29/02 | Transcript : AmRest Holdings SE, Q4 2023 Earnings Call, Feb 29, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,469 | 6,064 | 6,074 | 4,288 | 5,810 | 5,661 | - | - |
| Enterprise Value (EV) 1 | 12,126 | 12,049 | 12,115 | 10,422 | 5,810 | 12,040 | 5,661 | 5,661 |
| P/E ratio | 34.5 x | -7.4 x | 39.4 x | 415 x | - | - | - | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.12 x | 0.88 x | 0.68 x | 0.38 x | 0.55 x | 0.49 x | 0.44 x | 0.4 x |
| EV / Revenue | 1.43 x | 1.75 x | 1.35 x | 0.91 x | 0.55 x | 1.04 x | 0.44 x | 0.4 x |
| EV / EBITDA | 7.1 x | 13 x | 7.08 x | 5.68 x | 3.49 x | 6.22 x | 2.44 x | - |
| EV / FCF | 21.6 x | 30.6 x | 9.64 x | 9.86 x | - | 48.4 x | 13.8 x | - |
| FCF Yield | 4.62% | 3.27% | 10.4% | 10.1% | - | 2.07% | 7.25% | - |
| Price to Book | 4.69 x | 5.22 x | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 2,18,674 | 2,18,928 | 2,19,110 | 2,19,202 | 2,18,422 | 2,18,142 | - | - |
| Reference price 2 | 43.30 | 27.70 | 27.72 | 19.56 | 26.60 | 25.95 | 25.95 | 25.95 |
| Announcement Date | 28/02/20 | 24/02/21 | 28/02/22 | 28/02/23 | 28/02/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,491 | 6,866 | 8,986 | 11,404 | 10,498 | 11,616 | 12,805 | 14,235 |
| EBITDA 1 | 1,707 | 926.5 | 1,710 | 1,835 | 1,667 | 1,936 | 2,321 | - |
| EBIT 1 | 457.1 | -642.4 | 483.3 | 351.2 | 446.9 | 598.2 | 958.2 | - |
| Operating Margin | 5.38% | -9.36% | 5.38% | 3.08% | 4.26% | 5.15% | 7.48% | - |
| Earnings before Tax (EBT) 1 | 404.3 | -908 | 271.3 | 129.7 | 211.6 | 490 | 887.9 | - |
| Net income 1 | 281.8 | -820.5 | 154.4 | 6.423 | 193.9 | 280.7 | 566.7 | - |
| Net margin | 3.32% | -11.95% | 1.72% | 0.06% | 1.85% | 2.42% | 4.43% | - |
| EPS | 1.255 | -3.742 | 0.7031 | 0.0471 | - | - | - | - |
| Free Cash Flow 1 | 560.1 | 394 | 1,257 | 1,057 | - | 249 | 410.6 | - |
| FCF margin | 6.6% | 5.74% | 13.99% | 9.27% | - | 2.14% | 3.21% | - |
| FCF Conversion (EBITDA) | 32.81% | 42.53% | 73.47% | 57.59% | - | 12.86% | 17.69% | - |
| FCF Conversion (Net income) | 198.77% | - | 813.93% | 16,458.87% | - | 88.68% | 72.45% | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 28/02/20 | 24/02/21 | 28/02/22 | 28/02/23 | 28/02/24 | - | - | - |
1PLN in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,464 | 2,526 | 2,366 | 2,855 | 3,097 | 3,066 | 2,810 | 2,712 | 2,786 | 2,715 | 2,561 |
| EBITDA 1 | 496.4 | 468.3 | 351.4 | 303.2 | 536.4 | 457.7 | 360.9 | 453.2 | 495.2 | 429.6 | 333.5 |
| EBIT 1 | 170.8 | 132.3 | 64.87 | 178.6 | 230.1 | 120.5 | 77.03 | 164.5 | 232.9 | -2.159 | 50.97 |
| Operating Margin | 6.93% | 5.23% | 2.74% | 6.26% | 7.43% | 3.93% | 2.74% | 6.07% | 8.36% | -0.08% | 1.99% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 122.8 | 20.81 | 0.4667 | - | 161.4 | 12.54 | 7.689 | 97.89 | 119.3 | -25.04 | 12.99 |
| Net margin | 4.99% | 0.82% | 0.02% | - | 5.21% | 0.41% | 0.27% | 3.61% | 4.28% | -0.92% | 0.51% |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/11/21 | 28/02/22 | 12/05/22 | 08/08/22 | 09/11/22 | 28/02/23 | 10/05/23 | 31/08/23 | 14/11/23 | 28/02/24 | - |
1PLN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,657 | 5,984 | 6,041 | 6,134 | - | 6,379 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.557 x | 6.459 x | 3.532 x | 3.342 x | - | 3.295 x | - | - |
| Free Cash Flow 1 | 560 | 394 | 1,257 | 1,057 | - | 249 | 411 | - |
| ROE (net income / shareholders' equity) | 14.7% | -50.2% | 11.8% | 0.44% | - | 15.3% | - | - |
| ROA (Net income/ Total Assets) | 3.36% | -8% | - | - | - | 4% | - | - |
| Assets 1 | 8,391 | 10,255 | - | - | - | 7,019 | - | - |
| Book Value Per Share | 9.240 | 5.310 | - | - | - | - | - | - |
| Cash Flow per Share | 6.370 | 3.680 | - | - | - | - | - | - |
| Capex 1 | 850 | 412 | 416 | 650 | - | 856 | 773 | 777 |
| Capex / Sales | 10.01% | 6% | 4.63% | 5.7% | - | 7.37% | 6.04% | 5.46% |
| Announcement Date | 28/02/20 | 24/02/21 | 28/02/22 | 28/02/23 | 28/02/24 | - | - | - |
1PLN in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
25.95
PLN
Average target price
26.52
PLN
Spread / Average Target
+2.22%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.44% | 1.4B | |
| -8.08% | 99.92B | |
| +3.87% | 47.26B | |
| -4.99% | 18.63B | |
| +23.66% | 12.8B | |
| -21.05% | 12.31B | |
| +60.91% | 7.88B | |
| -16.84% | 6.12B | |
| -4.93% | 4.64B | |
| -22.60% | 3.45B |
- Stock Market
- Equities
- EAT Stock
- Financials AmRest Holdings SE
