Market Closed -
BME
09:05:28 26/04/2024 pm IST
|
5-day change
|
1st Jan Change
|
13.78
EUR
|
+0.44%
|
|
+0.73%
|
-9.73%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,951
|
4,698
|
5,334
|
4,056
|
3,988
|
3,600
|
-
|
-
|
Enterprise Value (EV)
1 |
9,822
|
8,986
|
9,611
|
7,525
|
7,336
|
7,173
|
7,227
|
7,343
|
P/E ratio
|
12.9
x
|
10.6
x
|
13.2
x
|
10.8
x
|
11.7
x
|
14
x
|
16
x
|
16.3
x
|
Yield
|
7.04%
|
9.35%
|
8.33%
|
11.1%
|
11.4%
|
7.81%
|
8.79%
|
8.33%
|
Capitalization / Revenue
|
5.03
x
|
4.33
x
|
5.38
x
|
4.18
x
|
4.39
x
|
4.01
x
|
4.2
x
|
4.42
x
|
EV / Revenue
|
8.3
x
|
8.29
x
|
9.7
x
|
7.76
x
|
8.08
x
|
7.99
x
|
8.42
x
|
9.01
x
|
EV / EBITDA
|
9.66
x
|
9.53
x
|
10.7
x
|
9.44
x
|
9.4
x
|
9.66
x
|
10.4
x
|
10.9
x
|
EV / FCF
|
13.7
x
|
16.3
x
|
18.8
x
|
11.8
x
|
17.8
x
|
17
x
|
24.9
x
|
41.5
x
|
FCF Yield
|
7.3%
|
6.13%
|
5.31%
|
8.44%
|
5.61%
|
5.88%
|
4.01%
|
2.41%
|
Price to Book
|
1.89
x
|
1.57
x
|
1.73
x
|
1.27
x
|
1.34
x
|
1.26
x
|
1.29
x
|
1.32
x
|
Nbr of stocks (in thousands)
|
2,61,682
|
2,61,488
|
2,61,488
|
2,61,264
|
2,61,266
|
2,61,266
|
-
|
-
|
Reference price
2 |
22.74
|
17.96
|
20.40
|
15.52
|
15.26
|
13.78
|
13.78
|
13.78
|
Announcement Date
|
18/02/20
|
23/02/21
|
22/02/22
|
21/02/23
|
19/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,183
|
1,084
|
991.2
|
970.3
|
907.6
|
897.2
|
858.2
|
815.1
|
EBITDA
1 |
1,016
|
942.9
|
895.3
|
797.4
|
780.3
|
742.6
|
695.6
|
672.7
|
EBIT
1 |
657.4
|
614.6
|
583.4
|
478.2
|
456.9
|
412.3
|
371.5
|
353.8
|
Operating Margin
|
55.58%
|
56.7%
|
58.86%
|
49.29%
|
50.34%
|
45.95%
|
43.29%
|
43.4%
|
Earnings before Tax (EBT)
1 |
540
|
546.9
|
500
|
526.4
|
421.1
|
310.7
|
264.6
|
244.2
|
Net income
1 |
422.6
|
444
|
403.8
|
375.8
|
342.5
|
257.6
|
224.3
|
219
|
Net margin
|
35.73%
|
40.96%
|
40.74%
|
38.73%
|
37.74%
|
28.71%
|
26.13%
|
26.87%
|
EPS
2 |
1.769
|
1.700
|
1.544
|
1.438
|
1.310
|
0.9820
|
0.8606
|
0.8435
|
Free Cash Flow
1 |
717
|
550.9
|
510.1
|
635.2
|
411.9
|
421.5
|
290.1
|
176.9
|
FCF margin
|
60.62%
|
50.82%
|
51.46%
|
65.47%
|
45.38%
|
46.98%
|
33.8%
|
21.7%
|
FCF Conversion (EBITDA)
|
70.54%
|
58.43%
|
56.97%
|
79.66%
|
52.78%
|
56.76%
|
41.7%
|
26.3%
|
FCF Conversion (Net income)
|
169.66%
|
124.08%
|
126.31%
|
169.05%
|
120.24%
|
163.61%
|
129.33%
|
80.76%
|
Dividend per Share
2 |
1.600
|
1.680
|
1.700
|
1.720
|
1.740
|
1.076
|
1.211
|
1.148
|
Announcement Date
|
18/02/20
|
23/02/21
|
22/02/22
|
21/02/23
|
19/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
553.8
|
480.6
|
241.7
|
268.9
|
233.9
|
244.4
|
478.3
|
236.6
|
255.4
|
220.6
|
229.8
|
450.4
|
222.3
|
252
|
220.5
|
155.7
|
170.5
|
375.9
|
-
|
EBITDA
1 |
479.8
|
451.3
|
218.8
|
-
|
185.8
|
206.2
|
392
|
213.1
|
192.3
|
173.6
|
198.4
|
372
|
200
|
208.3
|
178.3
|
-
|
-
|
-
|
-
|
EBIT
1 |
320.4
|
299.5
|
139.5
|
144.4
|
104.9
|
128.1
|
233
|
134.7
|
110.5
|
95.9
|
120.5
|
216.4
|
118.4
|
122.1
|
92.9
|
-
|
-
|
-
|
-
|
Operating Margin
|
57.85%
|
62.33%
|
57.69%
|
53.69%
|
44.85%
|
52.43%
|
48.72%
|
56.91%
|
43.28%
|
43.47%
|
52.44%
|
48.05%
|
53.26%
|
48.45%
|
42.13%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
294.1
|
257.2
|
115.7
|
-
|
82
|
-19.62
|
62.38
|
409.8
|
54.1
|
70.6
|
146.8
|
217.4
|
97.17
|
106.6
|
73.8
|
-
|
-
|
-
|
-
|
Net income
1 |
236.3
|
213.1
|
94.23
|
96.53
|
69.3
|
-39.12
|
30.18
|
323.2
|
22.37
|
54.6
|
122.2
|
176.8
|
82.1
|
83.63
|
65.3
|
-
|
-
|
-
|
-
|
Net margin
|
42.68%
|
44.34%
|
38.98%
|
35.9%
|
29.63%
|
-16.01%
|
6.31%
|
136.61%
|
8.76%
|
24.75%
|
53.18%
|
39.25%
|
36.93%
|
33.19%
|
29.61%
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
0.3600
|
0.3700
|
0.2660
|
-0.1500
|
-
|
1.239
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
1.020
|
-
|
0.6900
|
-
|
-
|
0.4300
|
-
|
-
|
-
|
-
|
-
|
0.4350
|
0.4350
|
0.4350
|
0.4350
|
0.4350
|
Announcement Date
|
28/07/20
|
27/07/21
|
26/10/21
|
22/02/22
|
26/04/22
|
27/07/22
|
27/07/22
|
25/10/22
|
21/02/23
|
25/04/23
|
26/07/23
|
26/07/23
|
24/10/23
|
19/02/24
|
23/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,871
|
4,288
|
4,277
|
3,469
|
3,347
|
3,573
|
3,626
|
3,743
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.809
x
|
4.548
x
|
4.777
x
|
4.35
x
|
4.29
x
|
4.811
x
|
5.213
x
|
5.564
x
|
Free Cash Flow
1 |
717
|
551
|
510
|
635
|
412
|
421
|
290
|
177
|
ROE (net income / shareholders' equity)
|
14.5%
|
14.5%
|
13.3%
|
12%
|
11.1%
|
8.84%
|
7.97%
|
8.49%
|
ROA (Net income/ Total Assets)
|
4.6%
|
4.97%
|
4.28%
|
3.9%
|
3.83%
|
3.3%
|
2.94%
|
2.74%
|
Assets
1 |
9,185
|
8,927
|
9,441
|
9,636
|
8,953
|
7,806
|
7,632
|
7,983
|
Book Value Per Share
2 |
12.10
|
11.40
|
11.80
|
12.30
|
11.40
|
10.90
|
10.60
|
10.40
|
Cash Flow per Share
2 |
3.190
|
2.330
|
2.220
|
2.780
|
2.180
|
1.900
|
1.760
|
1.950
|
Capex
1 |
44.9
|
58.6
|
69.9
|
90.8
|
157
|
176
|
190
|
262
|
Capex / Sales
|
3.8%
|
5.41%
|
7.05%
|
9.36%
|
17.3%
|
19.62%
|
22.13%
|
32.12%
|
Announcement Date
|
18/02/20
|
23/02/21
|
22/02/22
|
21/02/23
|
19/02/24
|
-
|
-
|
-
|
Last Close Price
13.78
EUR Average target price
16.14
EUR Spread / Average Target +17.15% Consensus |