Real-time Estimate
Tradegate
11:04:20 16/07/2024 pm IST
|
5-day change
|
1st Jan Change
|
32.3
EUR
|
+2.87%
|
|
+2.60%
|
+6.04%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,331
|
8,315
|
8,243
|
6,397
|
7,618
|
7,974
|
-
|
-
|
Enterprise Value (EV)
1 |
7,331
|
7,864
|
7,975
|
6,159
|
7,377
|
7,794
|
7,597
|
7,500
|
P/E ratio
|
17.5
x
|
24.1
x
|
23.2
x
|
20.1
x
|
17.8
x
|
16.3
x
|
14.1
x
|
12.9
x
|
Yield
|
1.59%
|
1.41%
|
1.38%
|
1.76%
|
1.47%
|
1.4%
|
1.44%
|
1.59%
|
Capitalization / Revenue
|
3.94
x
|
4.93
x
|
4.76
x
|
3.33
x
|
3.31
x
|
3.19
x
|
2.95
x
|
2.8
x
|
EV / Revenue
|
3.94
x
|
4.66
x
|
4.61
x
|
3.21
x
|
3.21
x
|
3.11
x
|
2.81
x
|
2.64
x
|
EV / EBITDA
|
12.4
x
|
15.3
x
|
15.7
x
|
13.2
x
|
12.5
x
|
11.5
x
|
10
x
|
9.29
x
|
EV / FCF
|
17.4
x
|
19.1
x
|
27.2
x
|
32.1
x
|
20.9
x
|
23
x
|
17.3
x
|
13.2
x
|
FCF Yield
|
5.75%
|
5.25%
|
3.68%
|
3.11%
|
4.79%
|
4.35%
|
5.78%
|
7.56%
|
Price to Book
|
3.79
x
|
4.21
x
|
4.25
x
|
3.09
x
|
3.27
x
|
3.04
x
|
2.68
x
|
2.59
x
|
Nbr of stocks (in thousands)
|
2,52,972
|
2,45,057
|
2,36,520
|
2,34,582
|
2,33,253
|
2,31,184
|
-
|
-
|
Reference price
2 |
28.98
|
33.93
|
34.85
|
27.27
|
32.66
|
34.49
|
34.49
|
34.49
|
Announcement Date
|
31/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,859
|
1,688
|
1,731
|
1,919
|
2,299
|
2,503
|
2,699
|
2,844
|
EBITDA
1 |
593.2
|
513.1
|
508.9
|
466.6
|
589.1
|
678.8
|
757.1
|
807.4
|
EBIT
1 |
488.5
|
408.4
|
409.8
|
370
|
495.7
|
574.3
|
643.8
|
684.3
|
Operating Margin
|
26.28%
|
24.19%
|
23.67%
|
19.28%
|
21.56%
|
22.95%
|
23.85%
|
24.06%
|
Earnings before Tax (EBT)
1 |
500.4
|
411.8
|
416.4
|
369.7
|
505
|
580.3
|
655.7
|
749
|
Net income
1 |
424.7
|
347.6
|
360.8
|
318.8
|
428.4
|
482.9
|
542.9
|
570.9
|
Net margin
|
22.85%
|
20.59%
|
20.84%
|
16.61%
|
18.63%
|
19.29%
|
20.12%
|
20.08%
|
EPS
2 |
1.660
|
1.410
|
1.500
|
1.360
|
1.840
|
2.118
|
2.448
|
2.665
|
Free Cash Flow
1 |
421.4
|
412.8
|
293.3
|
191.8
|
353.6
|
338.8
|
438.9
|
567
|
FCF margin
|
22.67%
|
24.45%
|
16.94%
|
9.99%
|
15.38%
|
13.54%
|
16.26%
|
19.94%
|
FCF Conversion (EBITDA)
|
71.03%
|
80.44%
|
57.64%
|
41.1%
|
60.02%
|
49.92%
|
57.96%
|
70.23%
|
FCF Conversion (Net income)
|
99.22%
|
118.77%
|
81.3%
|
60.16%
|
82.53%
|
70.16%
|
80.84%
|
99.32%
|
Dividend per Share
2 |
0.4600
|
0.4800
|
0.4800
|
0.4800
|
0.4800
|
0.4833
|
0.4983
|
0.5467
|
Announcement Date
|
31/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
419.8
|
468.3
|
463.4
|
493.6
|
493.6
|
550.8
|
583.5
|
575.8
|
589.1
|
590.2
|
623
|
641.2
|
646.5
|
652
|
680
|
EBITDA
1 |
112
|
128
|
111.1
|
110
|
117.4
|
137.3
|
152.1
|
144.6
|
155.1
|
153.3
|
163
|
170.2
|
186.7
|
-
|
-
|
EBIT
1 |
87.96
|
103.3
|
85.79
|
86.79
|
94.12
|
113.3
|
127.3
|
122.4
|
132.8
|
129.3
|
141.9
|
149.3
|
154.8
|
151
|
-
|
Operating Margin
|
20.95%
|
22.06%
|
18.51%
|
17.58%
|
19.07%
|
20.56%
|
21.82%
|
21.26%
|
22.54%
|
21.91%
|
22.78%
|
23.28%
|
23.94%
|
23.16%
|
-
|
Earnings before Tax (EBT)
1 |
89.38
|
103.3
|
84.81
|
86.16
|
95.46
|
116
|
128.6
|
124.5
|
135.9
|
127.6
|
144.5
|
152.8
|
157.4
|
-
|
-
|
Net income
1 |
84.18
|
87.53
|
72.4
|
72.66
|
86.17
|
97.58
|
109.2
|
104.7
|
116.9
|
108.2
|
120.9
|
127
|
130.1
|
-
|
-
|
Net margin
|
20.05%
|
18.69%
|
15.62%
|
14.72%
|
17.46%
|
17.72%
|
18.71%
|
18.19%
|
19.85%
|
18.34%
|
19.41%
|
19.81%
|
20.12%
|
-
|
-
|
EPS
2 |
0.3500
|
0.3700
|
0.3100
|
0.3100
|
0.3700
|
0.4200
|
0.4700
|
0.4500
|
0.5000
|
0.4700
|
0.5213
|
0.5530
|
0.5737
|
0.5600
|
0.6200
|
Dividend per Share
2 |
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
0.1200
|
-
|
-
|
Announcement Date
|
28/01/22
|
22/04/22
|
22/07/22
|
28/10/22
|
27/01/23
|
28/04/23
|
28/07/23
|
27/10/23
|
26/01/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
451
|
268
|
238
|
241
|
180
|
377
|
473
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
421
|
413
|
293
|
192
|
354
|
339
|
439
|
567
|
ROE (net income / shareholders' equity)
|
22.4%
|
17.8%
|
18.5%
|
15.9%
|
19.6%
|
19.7%
|
20.5%
|
20.1%
|
ROA (Net income/ Total Assets)
|
20%
|
15.9%
|
16.7%
|
14.3%
|
17.3%
|
17.7%
|
18.3%
|
16.5%
|
Assets
1 |
2,127
|
2,183
|
2,165
|
2,229
|
2,469
|
2,724
|
2,960
|
3,460
|
Book Value Per Share
2 |
7.650
|
8.060
|
8.200
|
8.820
|
9.990
|
11.40
|
12.80
|
13.30
|
Cash Flow per Share
2 |
2.000
|
1.910
|
1.530
|
1.460
|
2.340
|
2.640
|
3.110
|
3.670
|
Capex
1 |
84.6
|
51.7
|
68.8
|
146
|
184
|
235
|
210
|
184
|
Capex / Sales
|
4.55%
|
3.06%
|
3.98%
|
7.63%
|
7.99%
|
9.38%
|
7.78%
|
6.49%
|
Announcement Date
|
31/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
Last Close Price
34.49
USD Average target price
39
USD Spread / Average Target +13.08% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.49% | 5.02B | | +8.05% | 3B | | -4.51% | 2.44B | | -30.91% | 2.19B | | +48.86% | 1.97B | | -24.87% | 1.76B | | +41.36% | 1.7B | | +3.31% | 1.5B | | +79.59% | 1.29B |
Automotive Accessories
|