ELIA GROUP NV/SA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 90.65 EUR | +0.83% |
|
-1.84% | -19.99% |
| 06/03 | Transcript : Elia Group SA/NV, 2023 Earnings Call, Mar 06, 2024 | |
| 06/03 | Elia Group SA/NV Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,430 | 6,694 | 7,952 | 9,755 | 8,330 | 6,663 | - | - |
| Enterprise Value (EV) 1 | 10,954 | 14,159 | 12,838 | 14,187 | 16,972 | 19,492 | 21,774 | 26,370 |
| P/E ratio | 20.2 x | 26.8 x | 28.8 x | 27.7 x | 25.7 x | 18.6 x | 16.9 x | 15.1 x |
| Yield | 2.14% | 1.75% | 1.51% | 1.44% | - | 2.25% | 2.31% | 2.36% |
| Capitalization / Revenue | 2.34 x | 2.71 x | 2.78 x | 2.37 x | 2.11 x | 1.45 x | 1.18 x | 0.99 x |
| EV / Revenue | 4.72 x | 5.72 x | 4.49 x | 3.45 x | 4.29 x | 4.23 x | 3.87 x | 3.92 x |
| EV / EBITDA | 11.6 x | 14.2 x | 13.4 x | 13.2 x | 14.2 x | 13.5 x | 12.1 x | 11.7 x |
| EV / FCF | -10.3 x | -7.93 x | 4.7 x | - | -4.6 x | -4.56 x | -5.8 x | -6.18 x |
| FCF Yield | -9.67% | -12.6% | 21.3% | - | -21.7% | -21.9% | -17.3% | -16.2% |
| Price to Book | 1.63 x | 1.93 x | 2.07 x | 2.11 x | 1.82 x | 1.22 x | 1.09 x | 1 x |
| Nbr of stocks (in thousands) | 68,653 | 68,653 | 68,728 | 73,456 | 73,522 | 73,500 | - | - |
| Reference price 2 | 79.10 | 97.50 | 115.7 | 132.8 | 113.3 | 90.65 | 90.65 | 90.65 |
| Announcement Date | 06/03/20 | 03/03/21 | 23/02/22 | 03/03/23 | 06/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,319 | 2,474 | 2,860 | 4,113 | 3,954 | 4,610 | 5,631 | 6,719 |
| EBITDA 1 | 944.3 | 996.4 | 957.5 | 1,072 | 1,197 | 1,446 | 1,792 | 2,263 |
| EBIT 1 | 563.7 | 569.3 | 490.7 | 559.8 | 644.2 | 835.6 | 1,031 | 1,335 |
| Operating Margin | 24.31% | 23.02% | 17.16% | 13.61% | 16.29% | 18.12% | 18.3% | 19.88% |
| Earnings before Tax (EBT) 1 | 430.1 | 437 | 433.5 | 555.7 | 555 | 621 | 715.9 | 919.1 |
| Net income 1 | 254.3 | 250.1 | 276 | 341.7 | 324.5 | 358.4 | 434.7 | 563.6 |
| Net margin | 10.97% | 10.11% | 9.65% | 8.31% | 8.21% | 7.77% | 7.72% | 8.39% |
| EPS 2 | 3.910 | 3.640 | 4.020 | 4.800 | 4.410 | 4.874 | 5.358 | 5.994 |
| Free Cash Flow 1 | -1,060 | -1,786 | 2,733 | - | -3,689 | -4,274 | -3,756 | -4,265 |
| FCF margin | -45.69% | -72.21% | 95.57% | - | -93.31% | -92.7% | -66.71% | -63.48% |
| FCF Conversion (EBITDA) | - | - | 285.43% | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | 990.22% | - | - | - | - | - |
| Dividend per Share 2 | 1.690 | 1.710 | 1.750 | 1.910 | - | 2.039 | 2.091 | 2.138 |
| Announcement Date | 06/03/20 | 03/03/21 | 23/02/22 | 03/03/23 | 06/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 2,161 | 2,096 | 1,858 | 2,110 | 2,231 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | - | 288 | 336.3 | 307.9 | 375.5 | 451.3 |
| Operating Margin | - | 13.33% | 16.05% | 16.57% | 17.8% | 20.23% |
| Earnings before Tax (EBT) | - | - | - | - | - | - |
| Net income | 157.4 | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| EPS | 2.290 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 27/07/22 | 03/03/23 | 27/07/23 | 06/03/24 | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,523 | 7,465 | 4,886 | 4,432 | 8,642 | 12,829 | 15,111 | 19,707 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.849 x | 7.492 x | 5.103 x | 4.133 x | 7.219 x | 8.869 x | 8.432 x | 8.707 x |
| Free Cash Flow 1 | -1,060 | -1,786 | 2,733 | - | -3,689 | -4,274 | -3,756 | -4,265 |
| ROE (net income / shareholders' equity) | 7.66% | 7.2% | 7.56% | 7.52% | 6.91% | 6.87% | 6.96% | 6.88% |
| ROA (Net income/ Total Assets) | - | - | - | - | 1.62% | 1.42% | 1.48% | 1.62% |
| Assets 1 | - | - | - | - | 19,993 | 25,309 | 29,339 | 34,844 |
| Book Value Per Share 2 | 48.40 | 50.50 | 56.00 | 62.80 | 62.20 | 74.00 | 83.40 | 90.30 |
| Cash Flow per Share 2 | 1.090 | -10.70 | 57.60 | 20.10 | -20.50 | 15.40 | 18.10 | 18.40 |
| Capex 1 | 1,131 | 1,050 | 1,220 | - | 2,180 | 4,734 | 4,937 | 5,796 |
| Capex / Sales | 48.76% | 42.44% | 42.67% | - | 55.13% | 102.67% | 87.68% | 86.27% |
| Announcement Date | 06/03/20 | 03/03/21 | 23/02/22 | 03/03/23 | 06/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
90.65
EUR
Average target price
123.2
EUR
Spread / Average Target
+35.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -19.99% | 7.11B | |
| +8.64% | 136B | |
| -2.19% | 77.98B | |
| +0.69% | 75.38B | |
| -8.92% | 66.47B | |
| +61.15% | 59.36B | |
| +4.97% | 44.9B | |
| +7.34% | 42.26B | |
| 0.00% | 41.94B | |
| +3.96% | 37.31B |
- Stock Market
- Equities
- ELI Stock
- Financials Elia Group NV/SA
