KUDELSKI SA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.4 CHF | +1.45% |
|
-3.45% | +15.70% |
| 12/04 | Kudelski Unit Integrates Forensic Watermarking Software to Eluvio's Content Network | MT |
| 22/02 | Kudelski Posts Wider FY23 Loss; Revenue Up | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 314.8 | 189.7 | 204.8 | 132.2 | 67.75 | 78.46 | - | - |
| Enterprise Value (EV) 1 | 691.1 | 482.2 | 431.1 | 399.1 | 308.2 | 314.2 | 298.9 | 280.3 |
| P/E ratio | -7.29 x | -9.05 x | 15.1 x | -6.85 x | -2.62 x | -10.1 x | -17.7 x | -60.9 x |
| Yield | 1.74% | 2.9% | 2.7% | - | - | 2.38% | 4.76% | 57.6% |
| Capitalization / Revenue | 0.39 x | 0.28 x | 0.29 x | 0.2 x | 0.1 x | 0.11 x | 0.1 x | 0.11 x |
| EV / Revenue | 0.86 x | 0.72 x | 0.6 x | 0.6 x | 0.46 x | 0.45 x | 0.4 x | 0.39 x |
| EV / EBITDA | 17.5 x | 8.26 x | 6.47 x | 12.9 x | 12.2 x | 8.26 x | 4.61 x | 6.26 x |
| EV / FCF | 37 x | 4.31 x | 5.21 x | -59.4 x | 6.16 x | 17.8 x | 8.36 x | - |
| FCF Yield | 2.7% | 23.2% | 19.2% | -1.68% | 16.2% | 5.63% | 12% | - |
| Price to Book | 0.81 x | 1.09 x | 1.07 x | 0.74 x | 0.5 x | 0.27 x | 0.26 x | 0.31 x |
| Nbr of stocks (in thousands) | 54,743 | 54,993 | 55,359 | 55,791 | 55,991 | 56,043 | - | - |
| Reference price 2 | 5.750 | 3.450 | 3.700 | 2.370 | 1.210 | 1.400 | 1.400 | 1.400 |
| Announcement Date | 27/02/20 | 25/02/21 | 23/02/22 | 23/02/23 | 21/02/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 802.8 | 673.5 | 717 | 668.7 | 670.2 | 696.1 | 751 | 719.7 |
| EBITDA 1 | 39.38 | 58.4 | 66.65 | 30.99 | 25.25 | 38.04 | 64.81 | 44.8 |
| EBIT 1 | -14.82 | 14.51 | 28.03 | 0.8089 | -1.797 | 8.494 | 16.65 | 15.22 |
| Operating Margin | -1.85% | 2.15% | 3.91% | 0.12% | -0.27% | 1.22% | 2.22% | 2.12% |
| Earnings before Tax (EBT) 1 | -24.51 | -6.557 | 22.88 | -9.705 | -17.86 | -2.468 | 2.406 | 6.333 |
| Net income 1 | -43.18 | -20.97 | 13.53 | -19.3 | -25.87 | -7.57 | 0.7645 | -1.229 |
| Net margin | -5.38% | -3.11% | 1.89% | -2.89% | -3.86% | -1.09% | 0.1% | -0.17% |
| EPS 2 | -0.7890 | -0.3814 | 0.2445 | -0.3460 | -0.4623 | -0.1390 | -0.0790 | -0.0230 |
| Free Cash Flow 1 | 18.66 | 111.8 | 82.74 | -6.721 | 50.01 | 17.68 | 35.77 | - |
| FCF margin | 2.32% | 16.6% | 11.54% | -1.01% | 7.46% | 2.54% | 4.76% | - |
| FCF Conversion (EBITDA) | 47.38% | 191.4% | 124.14% | - | 198.08% | 46.47% | 55.19% | - |
| FCF Conversion (Net income) | - | - | 611.54% | - | - | - | 4,678.82% | - |
| Dividend per Share 2 | 0.1000 | 0.1000 | 0.1000 | - | - | 0.0333 | 0.0667 | 0.8060 |
| Announcement Date | 27/02/20 | 25/02/21 | 23/02/22 | 23/02/23 | 21/02/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 291.7 | 312.4 | - | 321.5 | 300.9 | 371.1 |
| EBITDA 1 | 4.505 | 13.76 | 52.84 | 0.4532 | - | 28.32 |
| EBIT 1 | -17.11 | -5.683 | 33.77 | -15.83 | -16.48 | 14.59 |
| Operating Margin | -5.87% | -1.82% | - | -4.92% | -5.48% | 3.93% |
| Earnings before Tax (EBT) | - | - | - | - | - | - |
| Net income 1 | -24.69 | -5.581 | - | -20.28 | -27.5 | 1.468 |
| Net margin | -8.46% | -1.79% | - | -6.31% | -9.14% | 0.4% |
| EPS | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 19/08/20 | 26/08/21 | 23/02/22 | 25/08/22 | 25/08/23 | 21/02/24 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 376 | 292 | 226 | 267 | 240 | 236 | 220 | 202 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 9.555 x | 5.008 x | 3.395 x | 8.612 x | 9.524 x | 6.197 x | 3.401 x | 4.506 x |
| Free Cash Flow 1 | 18.7 | 112 | 82.7 | -6.72 | 50 | 17.7 | 35.8 | - |
| ROE (net income / shareholders' equity) | -12.3% | -6.58% | 4.17% | -5.94% | -9.73% | -3.04% | 0.02% | -0.51% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 7.090 | 3.160 | 3.460 | 3.200 | 2.430 | 5.270 | 5.390 | 4.480 |
| Cash Flow per Share 2 | 0.7200 | 2.180 | 1.730 | 0.0300 | 0.5800 | 0.6400 | 0.8800 | - |
| Capex 1 | 16.5 | 9.63 | 12.9 | 8.13 | 6.19 | 6.58 | 14.9 | 19.3 |
| Capex / Sales | 2.05% | 1.43% | 1.8% | 1.22% | 0.92% | 0.94% | 1.98% | 2.68% |
| Announcement Date | 27/02/20 | 25/02/21 | 23/02/22 | 23/02/23 | 21/02/24 | - | - | - |
1CHF in Million2CHF
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
C-
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
3
Last Close Price
1.4
CHF
Average target price
1.36
CHF
Spread / Average Target
-2.86%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +15.70% | 85.77M | |
| -12.23% | 194B | |
| +0.74% | 166B | |
| +2.19% | 153B | |
| +4.34% | 99.85B | |
| +7.04% | 77.56B | |
| +19.09% | 73.55B | |
| -7.30% | 71B | |
| -20.54% | 52.81B | |
| +0.53% | 47.86B |
- Stock Market
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- KUD Stock
- Financials Kudelski SA
