Financials Avax S.A.

Equities

AVAX

GRS213213002

Construction & Engineering

Market Closed - Athens S.E. 07:39:43 02/05/2024 pm IST 5-day change 1st Jan Change
1.462 EUR -1.48% Intraday chart for Avax S.A. +0.14% -21.40%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 59.41 29.31 48.53 98.72 148.1 109.7
Enterprise Value (EV) 1 578.5 559 568.6 663 543.4 407.8
P/E ratio -5.74 x -1.14 x -1.13 x 15.2 x -10.5 x 2.88 x
Yield - - - - - 9.21%
Capitalization / Revenue 0.09 x 0.05 x 0.08 x 0.17 x 0.25 x 0.27 x
EV / Revenue 0.86 x 0.96 x 0.99 x 1.15 x 0.92 x 1.01 x
EV / EBITDA 46.9 x -132 x -84.8 x 71 x -136 x -19.6 x
EV / FCF -36.3 x -58.7 x -40.4 x -6.43 x 15.5 x 34.4 x
FCF Yield -2.76% -1.7% -2.48% -15.5% 6.43% 2.9%
Price to Book 0.54 x 0.33 x 0.76 x 1.29 x 1.54 x 0.71 x
Nbr of stocks (in thousands) 77,655 77,655 77,655 1,44,322 1,44,322 1,44,322
Reference price 2 0.7650 0.3775 0.6250 0.6840 1.026 0.7600
Announcement Date 03/05/18 03/05/19 30/06/20 27/04/21 27/04/22 02/05/23
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 673.1 582.5 575.9 576.6 592.2 402.7
EBITDA 1 12.34 -4.244 -6.704 9.341 -4.006 -20.83
EBIT 1 2.055 -14.57 -22.79 -0.6895 -14.76 -26.63
Operating Margin 0.31% -2.5% -3.96% -0.12% -2.49% -6.61%
Earnings before Tax (EBT) 1 -2.36 -10.19 -11.24 3.267 -0.0262 18.54
Net income 1 -10.34 -25.76 -42.97 6.082 -14.06 38.11
Net margin -1.54% -4.42% -7.46% 1.05% -2.37% 9.46%
EPS 2 -0.1332 -0.3318 -0.5533 0.0450 -0.0974 0.2641
Free Cash Flow 1 -15.95 -9.53 -14.08 -103.1 34.96 11.84
FCF margin -2.37% -1.64% -2.44% -17.88% 5.9% 2.94%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 31.07%
Dividend per Share - - - - - 0.0700
Announcement Date 03/05/18 03/05/19 30/06/20 27/04/21 27/04/22 02/05/23
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 519 530 520 564 395 298
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 42.05 x -124.8 x -77.57 x 60.42 x -98.68 x -14.31 x
Free Cash Flow 1 -15.9 -9.53 -14.1 -103 35 11.8
ROE (net income / shareholders' equity) -9.36% -26.6% -21.2% 7.69% 1.98% 9.74%
ROA (Net income/ Total Assets) 0.1% -0.77% -1.07% -0.03% -0.77% -1.46%
Assets 1 -10,239 3,329 3,999 -19,433 1,834 -2,603
Book Value Per Share 2 1.420 1.140 0.8300 0.5300 0.6700 1.070
Cash Flow per Share 2 0.9500 0.8500 0.9100 0.3500 0.6900 0.5900
Capex 1 26.8 23.3 25.3 49.9 6.11 4.28
Capex / Sales 3.98% 3.99% 4.4% 8.66% 1.03% 1.06%
Announcement Date 03/05/18 03/05/19 30/06/20 27/04/21 27/04/22 02/05/23
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise