Financials BIFIRE S.p.A.

Equities

FIRE

IT0005495335

Non-Paper Containers & Packaging

Market Closed - Borsa Italiana Other stock markets 09:14:59 06/05/2024 pm IST			5-day change	1st Jan Change
3.32 ^EUR	+1.84%		-1.78%	-1.78%

03/05	Bifire initiates new buyback of up to 1 million shares	AN
29/04	Bifire continues repurchases of its own ordinary shares	AN

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	44.11	58.78	57.23	-	-
Enterprise Value (EV) ¹	42.71	57.38	52.84	49.09	42.54
P/E ratio	8.25 x	7.5 x	9.29 x	8.37 x	7.69 x
Yield	-	-	-	-	-
Capitalization / Revenue	1 x	1.24 x	1.27 x	1.16 x	1.09 x
EV / Revenue	0.97 x	1.21 x	1.17 x	1 x	0.81 x
EV / EBITDA	4.85 x	4.47 x	4.82 x	4.07 x	3.25 x
EV / FCF	-7.9 x	244 x	12.7 x	12.3 x	6.5 x
FCF Yield	-12.7%	0.41%	7.85%	8.15%	15.4%
Price to Book	1.38 x	-	1.34 x	1.15 x	1 x
Nbr of stocks (in thousands)	17,434	17,390	17,239	-	-
Reference price ²	2.530	3.380	3.320	3.320	3.320
Announcement Date	27/03/23	26/03/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	29.57	44.02	47.38	45.01	49.14	52.28
EBITDA ¹	-	8.809	12.83	10.96	12.06	13.11
EBIT ¹	-	6.936	10.54	8.255	9.16	9.98
Operating Margin	-	15.76%	22.24%	18.34%	18.64%	19.09%
Earnings before Tax (EBT) ¹	-	6.789	10.34	8.245	9.155	9.98
Net income ¹	4.241	5.337	7.784	6.21	6.935	7.545
Net margin	14.34%	12.12%	16.43%	13.8%	14.11%	14.43%
EPS ²	-	0.3068	0.4508	0.3575	0.3965	0.4320
Free Cash Flow ¹	-	-5.404	0.235	4.15	4	6.55
FCF margin	-	-12.28%	0.5%	9.22%	8.14%	12.53%
FCF Conversion (EBITDA)	-	-	1.83%	37.86%	33.15%	49.96%
FCF Conversion (Net income)	-	-	3.02%	66.83%	57.68%	86.81%
Dividend per Share	-	-	-	-	-	-
Announcement Date	30/03/22	27/03/23	26/03/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 S1	2023 S2
Net sales ¹	20.4	26.99
EBITDA ¹	-	7.338
EBIT ¹	-	6.013
Operating Margin	-	22.28%
Earnings before Tax (EBT)	-	-
Net income ¹	3.489	4.295
Net margin	17.11%	15.91%
EPS	-	-
Dividend per Share	-	-
Announcement Date	26/09/23	26/03/24

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-
Net Cash position ¹	-	1.4	1.4	4.4	8.14	14.7
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	-5.4	0.24	4.15	4	6.55
ROE (net income / shareholders' equity)	-	21.6%	22.1%	14.9%	14.3%	13.5%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	1.830	-	2.480	2.880	3.310
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	7.83	5.46	3.05	2.7	2.1
Capex / Sales	-	17.78%	11.51%	6.78%	5.5%	4.02%
Announcement Date	30/03/22	27/03/23	26/03/24	-	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for BIFIRE S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.32 EUR

Average target price

4.8 EUR

Spread / Average Target

+44.58%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Non-Paper Containers & Packaging

	1st Jan change	Capi.
BIFIRE S.P.A.	-1.78%	60.54M
BALL CORPORATION	+19.78%	21.59B
CROWN HOLDINGS, INC.	-9.58%	9.84B
CCL INDUSTRIES INC.	+19.97%	9.34B
SEALED AIR CORPORATION	-2.00%	5.12B
SILGAN HOLDINGS INC.	+3.07%	4.94B
GREIF, INC.	-3.52%	2.99B
VISCOFAN, S.A.	+12.31%	2.98B
PACTIV EVERGREEN INC.	-0.88%	2.43B
WINPAK LTD.	+7.04%	2.07B

Other Non-Paper Containers & Packaging