Financials Daldrup & Söhne AG

Equities

Market Closed - Xetra Other stock markets 09:06:14 30/04/2024 pm IST			5-day change	1st Jan Change
7.18 ^EUR	+0.28%		-.--%	-21.44%

08/01	Daldrup & Söhne Bags EUR3 Million Borehole Revision Contract in Germany	MT
2023	Daldrup & Söhne Aktiengesellschaft Reports Earnings Results for the Half Year Ended June 30, 2023	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	47.88	22.03	19.33	30.53	44.29	42.98	42.98	-
Enterprise Value (EV) ¹	109.7	28.08	24.05	35.26	48.96	38.15	35.97	33.31
P/E ratio	-2.79 x	-1.8 x	-3.7 x	38.9 x	52 x	35.3 x	15.4 x	11.5 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	1.23 x	0.89 x	0.74 x	0.39 x	1.16 x	1.11 x	1.02 x	0.93 x
EV / Revenue	2.82 x	1.13 x	0.92 x	0.45 x	1.28 x	0.99 x	0.85 x	0.72 x
EV / EBITDA	-8.84 x	-3.57 x	5.73 x	8.92 x	11.7 x	8.91 x	7.28 x	5.86 x
EV / FCF	-	9.18 x	-	-14.8 x	36.7 x	5.53 x	25.7 x	14.8 x
FCF Yield	-	10.9%	-	-6.75%	2.73%	18.1%	3.89%	6.76%
Price to Book	0.87 x	0.95 x	1.06 x	1.6 x	2.22 x	2.02 x	1.77 x	1.52 x
Nbr of stocks (in thousands)	5,985	5,985	5,985	5,985	5,985	5,986	5,986	-
Reference price ²	8.000	3.680	3.230	5.100	7.400	7.180	7.180	7.180
Announcement Date	31/05/19	31/05/20	31/05/21	31/05/22	31/05/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	38.94	24.77	26.19	78.06	38.18	38.7	42.11	46.33
EBITDA ¹	-12.42	-7.87	4.199	3.953	4.2	4.28	4.938	5.685
EBIT ¹	-16.3	-10.79	1.891	1.543	1.8	2.08	3.688	4.799
Operating Margin	-41.86%	-43.55%	7.22%	1.98%	4.71%	5.37%	8.76%	10.36%
Earnings before Tax (EBT) ¹	-18.66	-9.847	-5.001	0.8159	0.8836	1.305	2.963	3.974
Net income ¹	-17.16	-12.22	-5.224	0.7848	0.8517	1.23	2.809	3.751
Net margin	-44.06%	-49.34%	-19.95%	1.01%	2.23%	3.18%	6.67%	8.1%
EPS ²	-2.864	-2.041	-0.8722	0.1310	0.1422	0.2036	0.4669	0.6242
Free Cash Flow ¹	-	3.06	-	-2.379	1.335	6.9	1.4	2.25
FCF margin	-	12.35%	-	-3.05%	3.5%	17.83%	3.32%	4.86%
FCF Conversion (EBITDA)	-	-	-	-	31.8%	161.21%	28.35%	39.58%
FCF Conversion (Net income)	-	-	-	-	156.79%	560.83%	49.85%	59.98%
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	31/05/19	31/05/20	31/05/21	31/05/22	31/05/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	61.9	6.05	4.71	4.73	4.67	-	-	-
Net Cash position ¹	-	-	-	-	-	4.83	7.02	9.68
Leverage (Debt/EBITDA)	-4.98 x	-0.7686 x	1.122 x	1.197 x	1.112 x	-	-	-
Free Cash Flow ¹	-	3.06	-	-2.38	1.34	6.9	1.4	2.25
ROE (net income / shareholders' equity)	-	-41.5%	-	4.21%	4.37%	6.59%	13.2%	15.2%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	9.150	3.890	3.040	3.180	3.340	3.560	4.070	4.730
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	1	-	1.23	0.98	1	1.1	1.2
Capex / Sales	-	4.03%	-	1.58%	2.56%	2.58%	2.61%	2.59%
Announcement Date	31/05/19	31/05/20	31/05/21	31/05/22	31/05/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.18 EUR

Average target price

11.4 EUR

Spread / Average Target

+58.77%

	1st Jan change	Capi.
DALDRUP & SÖHNE AG	-21.44%	45.96M
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VALARIS LIMITED	-6.58%	4.71B
PATTERSON-UTI ENERGY, INC.	-2.69%	4.36B
TRANSOCEAN LTD.	-17.01%	4.28B
HELMERICH & PAYNE, INC.	+5.49%	3.88B
SINOPEC OILFIELD SERVICE CORPORATION	+9.28%	3.87B