Real-time Estimate
Tradegate
12:09:48 06/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
43.38
EUR
|
+0.23%
|
|
+2.02%
|
+25.09%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,340
|
6,960
|
7,096
|
6,072
|
6,960
|
8,608
|
-
|
-
|
Enterprise Value (EV)
1 |
4,477
|
4,843
|
4,980
|
6,072
|
5,706
|
7,061
|
6,711
|
6,386
|
P/E ratio
|
12.4
x
|
12.5
x
|
9.1
x
|
10.2
x
|
12.3
x
|
13.4
x
|
10.8
x
|
9.8
x
|
Yield
|
5.27%
|
5.2%
|
5.64%
|
6.75%
|
6.03%
|
4.95%
|
5.84%
|
6.41%
|
Capitalization / Revenue
|
2.65
x
|
3.11
x
|
2.61
x
|
2.24
x
|
2.66
x
|
3.19
x
|
2.98
x
|
2.82
x
|
EV / Revenue
|
1.87
x
|
2.16
x
|
1.83
x
|
2.24
x
|
2.18
x
|
2.62
x
|
2.32
x
|
2.09
x
|
EV / EBITDA
|
5.56
x
|
5.81
x
|
4.26
x
|
-
|
-
|
6.96
x
|
5.74
x
|
5.15
x
|
EV / FCF
|
10.9
x
|
13
x
|
6.43
x
|
-
|
11
x
|
13.1
x
|
9.47
x
|
8.19
x
|
FCF Yield
|
9.14%
|
7.7%
|
15.5%
|
-
|
9.13%
|
7.64%
|
10.6%
|
12.2%
|
Price to Book
|
0.93
x
|
1.03
x
|
0.96
x
|
-
|
0.89
x
|
1.09
x
|
1.08
x
|
1.04
x
|
Nbr of stocks (in thousands)
|
2,00,000
|
2,00,000
|
2,00,000
|
2,00,000
|
2,00,000
|
2,00,000
|
-
|
-
|
Reference price
2 |
31.70
|
34.80
|
35.48
|
30.36
|
34.80
|
43.04
|
43.04
|
43.04
|
Announcement Date
|
30/01/20
|
04/02/21
|
27/01/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,389
|
2,237
|
2,720
|
2,712
|
2,614
|
2,698
|
2,890
|
3,050
|
EBITDA
1 |
805
|
833
|
1,170
|
-
|
-
|
1,015
|
1,169
|
1,241
|
EBIT
1 |
732
|
764
|
1,085
|
-
|
791
|
939.7
|
1,115
|
1,198
|
Operating Margin
|
30.64%
|
34.15%
|
39.89%
|
-
|
30.26%
|
34.83%
|
38.59%
|
39.27%
|
Earnings before Tax (EBT)
1 |
732
|
762
|
1,086
|
869
|
791
|
894.6
|
1,098
|
1,186
|
Net income
1 |
512
|
558
|
782
|
599
|
567
|
645
|
791.5
|
857.1
|
Net margin
|
21.43%
|
24.94%
|
28.75%
|
22.09%
|
21.69%
|
23.91%
|
27.39%
|
28.1%
|
EPS
2 |
2.560
|
2.780
|
3.900
|
2.990
|
2.830
|
3.219
|
3.982
|
4.390
|
Free Cash Flow
1 |
409
|
373
|
774
|
-
|
521
|
539.3
|
708.7
|
779.4
|
FCF margin
|
17.12%
|
16.67%
|
28.46%
|
-
|
19.93%
|
19.99%
|
24.52%
|
25.55%
|
FCF Conversion (EBITDA)
|
50.81%
|
44.78%
|
66.15%
|
-
|
-
|
53.12%
|
60.63%
|
62.8%
|
FCF Conversion (Net income)
|
79.88%
|
66.85%
|
98.98%
|
-
|
91.89%
|
83.61%
|
89.54%
|
90.94%
|
Dividend per Share
2 |
1.670
|
1.810
|
2.000
|
2.050
|
2.100
|
2.130
|
2.512
|
2.759
|
Announcement Date
|
30/01/20
|
04/02/21
|
27/01/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,074
|
1,259
|
664
|
797
|
689
|
671
|
1,360
|
689
|
663
|
1,352
|
624
|
668
|
666
|
657
|
653
|
682
|
673
|
690
|
-
|
EBITDA
|
-
|
508
|
272.5
|
375.5
|
-
|
272.5
|
521
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
271
|
351
|
-
|
229
|
-
|
215
|
-
|
-
|
197
|
201
|
212
|
-
|
-
|
190.2
|
201.6
|
205.7
|
-
|
Operating Margin
|
-
|
-
|
40.81%
|
44.04%
|
-
|
34.13%
|
-
|
31.2%
|
-
|
-
|
31.57%
|
30.09%
|
31.83%
|
-
|
-
|
27.89%
|
29.95%
|
29.81%
|
-
|
Earnings before Tax (EBT)
1 |
343
|
476
|
259
|
352
|
266
|
230
|
496
|
215
|
159
|
373
|
197
|
201
|
211
|
182
|
209
|
244
|
234
|
232
|
-
|
Net income
1 |
242
|
340
|
182
|
260
|
186
|
155
|
341
|
147
|
111
|
258
|
138
|
144
|
147
|
137
|
146
|
177
|
169.9
|
179.2
|
149.9
|
Net margin
|
22.53%
|
27.01%
|
27.41%
|
32.62%
|
27%
|
23.1%
|
25.07%
|
21.34%
|
16.74%
|
19.08%
|
22.12%
|
21.56%
|
22.07%
|
20.85%
|
22.36%
|
25.95%
|
25.24%
|
25.98%
|
-
|
EPS
2 |
1.210
|
1.700
|
-
|
1.300
|
-
|
0.7800
|
1.710
|
-
|
-
|
1.280
|
-
|
-
|
-
|
0.6800
|
0.7300
|
0.8528
|
0.8182
|
0.8735
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
2.000
|
-
|
-
|
-
|
-
|
2.050
|
-
|
-
|
-
|
-
|
2.100
|
-
|
-
|
-
|
2.241
|
-
|
Announcement Date
|
29/07/20
|
28/07/21
|
27/10/21
|
27/01/22
|
27/04/22
|
27/07/22
|
27/07/22
|
26/10/22
|
02/02/23
|
02/02/23
|
27/04/23
|
25/07/23
|
25/10/23
|
01/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,863
|
2,117
|
2,116
|
-
|
1,254
|
1,547
|
1,897
|
2,222
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
409
|
373
|
774
|
-
|
521
|
539
|
709
|
779
|
ROE (net income / shareholders' equity)
|
8.11%
|
8.21%
|
11.1%
|
-
|
7.08%
|
8.76%
|
10.4%
|
11.1%
|
ROA (Net income/ Total Assets)
|
5%
|
5.22%
|
7.09%
|
-
|
4.78%
|
5.32%
|
6.23%
|
6.34%
|
Assets
1 |
10,236
|
10,700
|
11,029
|
-
|
11,861
|
12,119
|
12,704
|
13,516
|
Book Value Per Share
2 |
34.20
|
33.70
|
37.10
|
-
|
39.00
|
39.60
|
39.80
|
41.40
|
Cash Flow per Share
2 |
2.180
|
1.920
|
3.920
|
-
|
-
|
3.340
|
4.310
|
3.900
|
Capex
1 |
27
|
10
|
9
|
-
|
7
|
11.8
|
14.7
|
18.4
|
Capex / Sales
|
1.13%
|
0.45%
|
0.33%
|
-
|
0.27%
|
0.44%
|
0.51%
|
0.6%
|
Announcement Date
|
30/01/20
|
04/02/21
|
27/01/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Last Close Price
43.04
EUR Average target price
43.48
EUR Spread / Average Target +1.01% Consensus |