Cash flow Moulinvest Deutsche Boerse AG

Stocks

7W5

FR0011033083

Forest & Wood Products

Market Closed - Deutsche Boerse AG Other stock markets 11:36:43 27/07/2026 am IST			5-day change	1st Jan Change
20.80 ^EUR	+0.48%		-5.88%	-2.80%

10/06	Moulinvest S.A. Reports Earnings Results for the Half Year Ended February 28, 2026	CI
09/06	Moulinvest doubles profit but remains cautious amid geopolitical risks

7c58.A9BFbKVUj0GZCtjSoMVc40KIS0iT5zhKwYwFIw6Rves.OqcPBPcR6DvGfqq_xYgPigP6IT7X1EB7ktlKUVfVz5piijI51DvDI89b6A

Published financial data: MOULINVEST

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	9.39Cr	11Cr	10Cr	9.16Cr	9.54Cr
Total Revenues	9.39Cr	11Cr	10Cr	9.16Cr	9.54Cr
Cost of Goods Sold, Total	5.69Cr	6.5Cr	6.62Cr	6.97Cr	6.8Cr
Gross Profit	3.69Cr	4.93Cr	3.5Cr	2.18Cr	2.74Cr
Selling General & Admin Expenses, Total	1.01Cr	1.12Cr	1.1Cr	1.1Cr	1.15Cr
Depreciation & Amortization - (IS)	97.22L	97.38L	1.09Cr	1.17Cr	1.19Cr
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	7L	8L	-7L	-9L	-12.75L
Other Operating Expenses, Total	2.06Cr	2.17Cr	2.12Cr	2.18Cr	2.21Cr
Operating Income	1.63Cr	2.76Cr	1.38Cr	9T	52.84L
Interest Expense, Total	-14.41L	-10.49L	-12.96L	-13.56L	-9L
Interest And Investment Income	-	-	4L	7L	6L
Net Interest Expenses	-14.41L	-10.49L	-9L	-7L	-4L
Currency Exchange Gains (Loss)	-9T	-17T	-	-	-
Other Non Operating Income (Expenses)	-97T	-1L	-11T	-82T	-92T
EBT, Excl. Unusual Items	1.48Cr	2.64Cr	1.29Cr	-8L	48.16L
Gain (Loss) On Sale Of Assets	7L	3L	6L	4L	2L
Asset Writedown	-38T	-9L	-78T	-1L	-
Insurance Settlements	-	27T	-	-	-
Legal Settlements	-	-4L	-31T	-38T	-
Other Unusual Items	-6L	2L	-2L	3L	-
EBT, Incl. Unusual Items	1.49Cr	2.56Cr	1.32Cr	-2L	50.25L
Income Tax Expense	37.82L	68.56L	33.46L	-35T	12.99L
Earnings From Continuing Operations	1.11Cr	1.87Cr	98.63L	-1L	37.26L
Net Income to Company	1.11Cr	1.87Cr	98.63L	-1L	37.26L
Minority Interest	-84T	-1L	-1L	-2L	-2L
Net Income - (IS)	1.1Cr	1.86Cr	97.33L	-3L	34.84L
Net Income to Common Incl Extra Items	1.1Cr	1.86Cr	97.33L	-3L	34.84L
Net Income to Common Excl. Extra Items	1.1Cr	1.86Cr	97.33L	-3L	34.84L
Per Share Items
Net EPS - Basic	3.64	6.15	3.22	-0.1	1.15
Basic EPS - Continuing Operations	3.64	6.15	3.22	-0.1	1.15
Basic Weighted Average Shares Outstanding	30.2L	30.27L	30.26L	30.26L	30.26L
Net EPS - Diluted	3.64	6.15	3.22	-0.1	1.15
Diluted EPS - Continuing Operations	3.64	6.15	3.22	-0.1	1.15
Diluted Weighted Average Shares Outstanding	30.2L	30.27L	30.26L	30.26L	30.26L
Normalized Basic EPS	3.03	5.42	2.62	-0.21	0.91
Normalized Diluted EPS	3.03	5.42	2.62	-0.21	0.91
Dividend Per Share	-	1	0.33	0.17	0.33
Payout Ratio	-	10.58	31.1	-320.9	14.75
Supplemental Items
EBITDA	2.6Cr	3.72Cr	2.37Cr	1.09Cr	1.66Cr
EBITA	1.63Cr	2.76Cr	1.38Cr	9T	52.97L
EBIT	1.63Cr	2.76Cr	1.38Cr	9T	52.84L
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	25.45	26.8	25.33	20.59	25.85
Current Domestic Taxes	30.19L	59.96L	30.31L	-	-
Total Current Taxes	30.19L	59.96L	30.31L	2L	18.84L
Deferred Domestic Taxes	8L	9L	3L	-	-
Total Deferred Taxes	8L	9L	3L	-2L	-6L
Normalized Net Income	91.53L	1.64Cr	79.26L	-6L	27.68L
Interest on Long-Term Debt	2L	69T	73T	1L	87T
Non-Cash Pension Expense	-	-96T	84T	33T	-72T

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.75Cr	2.7Cr	1.89Cr	1.22Cr	1.35Cr
Short Term Investments	-	-	1.27Cr	1.87Cr	85.42L
Total Cash And Short Term Investments	1.75Cr	2.7Cr	3.16Cr	3.09Cr	2.2Cr
Accounts Receivable, Total	1.42Cr	1.3Cr	1.17Cr	1.04Cr	1.16Cr
Other Receivables	24.84L	23.91L	45.28L	43.31L	47.54L
Total Receivables	1.67Cr	1.54Cr	1.62Cr	1.47Cr	1.64Cr
Inventory	2.14Cr	2.98Cr	2.61Cr	2.36Cr	2.94Cr
Prepaid Expenses	9L	2L	4L	5L	4L
Deferred Tax Assets Current	72T	70T	68T	66T	65T
Other Current Assets, Total	-	12.25L	2L	13.64L	12.44L
Total Current Assets	5.65Cr	7.38Cr	7.46Cr	7.11Cr	6.95Cr
Gross Property Plant And Equipment	12Cr	13Cr	15Cr	16Cr	16Cr
Accumulated Depreciation	-5.92Cr	-6.66Cr	-7.54Cr	-8.48Cr	-9.55Cr
Net Property Plant And Equipment	6.55Cr	6.26Cr	6.98Cr	7.13Cr	6.75Cr
Long-term Investments	82T	73T	73T	67T	87T
Other Intangibles, Total	5T	2T	0	0	54T
Loans Receivable Long-Term	1L	2L	2L	2L	2L
Deferred Charges Long-Term	5L	-	-	-	-
Other Long-Term Assets, Total	12.86L	61.25L	44.46L	27.99L	7L
Total Assets	12Cr	14Cr	15Cr	15Cr	14Cr
Liabilities
Accounts Payable, Total	1.73Cr	1.5Cr	1.87Cr	1.97Cr	2.32Cr
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	56L	63.19L	72.09L	1.81Cr	51.67L
Current Portion of Leases	19.57L	21.8L	20.81L	16.98L	13.49L
Current Income Taxes Payable	60.21L	75.81L	31.01L	30.52L	49.53L
Unearned Revenue Current, Total	22.23L	15.81L	14.25L	9L	7L
Deferred Tax Liability Current	-	39.6L	33.32L	34.8L	33.65L
Other Current Liabilities	14.14L	34.07L	14.55L	43.12L	45.2L
Total Current Liabilities	3.45Cr	4Cr	3.73Cr	5.12Cr	4.32Cr
Long-Term Debt	3.37Cr	3.24Cr	3.29Cr	1.77Cr	1.66Cr
Long-Term Leases	39.44L	36L	34.48L	28.47L	17.48L
Pension & Other Post Retirement Benefits	-	3L	4L	4L	4L
Deferred Tax Liability Non Current	31.02L	-	12L	8L	3L
Other Non Current Liabilities	19.69L	28.55L	27.21L	25.51L	25.73L
Total Liabilities	7.72Cr	7.92Cr	7.79Cr	7.55Cr	6.48Cr
Common Stock, Total	36.9L	36.9L	36.9L	36.9L	36.9L
Additional Paid In Capital	75.91L	74.65L	74.65L	74.65L	74.65L
Retained Earnings	3.56Cr	5.24Cr	5.91Cr	5.78Cr	6.08Cr
Treasury Stock	-3L	-3L	-4L	-4L	-4L
Comprehensive Income and Other	-	-	8L	7L	7L
Total Common Equity	4.66Cr	6.32Cr	7.07Cr	6.93Cr	7.23Cr
Minority Interest	2L	3L	4L	6L	9L
Total Equity	4.68Cr	6.35Cr	7.11Cr	6.99Cr	7.31Cr
Total Liabilities And Equity	12Cr	14Cr	15Cr	15Cr	14Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	30.27L	30.27L	30.26L	30.26L	30.26L
ECS Total Common Shares Outstanding	30.27L	30.27L	30.26L	30.26L	30.26L
Book Value / Share	15.39	20.89	23.36	22.9	23.88
Tangible Book Value	4.66Cr	6.32Cr	7.07Cr	6.93Cr	7.22Cr
Tangible Book Value Per Share	15.39	20.89	23.36	22.9	23.86
Total Debt	4.52Cr	4.45Cr	4.56Cr	4.03Cr	2.49Cr
Net Debt	2.77Cr	1.75Cr	1.4Cr	94.77L	28.36L
Minority Interest, Total (Incl. Fin. Div)	2L	3L	4L	6L	9L
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	1.54Cr	1.98Cr	1.88Cr	1.55Cr	2Cr
Inventories - Work In Process, Total	56.54L	1Cr	79.95L	86.55L	96.69L
Inventories - Finished Goods, Total	11T	4T	27T	2L	2L
Inventories - Others	4L	-	58T	-	-
Land - (BS)	88.5L	90.81L	92.36L	96.87L	1.06Cr
Buildings, Total	2.2Cr	2.18Cr	2.41Cr	2.62Cr	2.69Cr
Machinery, Total	8.87Cr	8.98Cr	10Cr	11Cr	12Cr
Full Time Employees	200	215	224	224	223
Accumulated Allowance for Doubtful Accounts (Supple)	1L	1L	1L	1L	71T

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	1.1Cr	1.86Cr	97.33L	-3L	34.84L
Depreciation & Amortization - CF	96.77L	95.89L	98.72L	1.08Cr	1.13Cr
Amortization of Goodwill and Intangible Assets - (CF)	7T	7T	2T	-	13T
Depreciation & Amortization, Total	96.84L	95.96L	98.74L	1.08Cr	1.13Cr
(Gain) Loss From Sale Of Asset	-38T	2L	-2L	-1L	-2L
Asset Writedown & Restructuring Costs	38T	13.44L	1L	1L	-
Other Operating Activities, Total	53T	5L	-16T	-5L	-6L
Change in Other Net Operating Assets	-56.08L	-79.53L	24.66L	59.82L	-15.41L
Cash from Operations	1.51Cr	2.23Cr	2.2Cr	1.61Cr	1.25Cr
Capital Expenditure	-64.81L	-84.12L	-1.44Cr	-93.37L	-52.09L
Sale of Property, Plant, and Equipment	2L	5L	3L	4L	2L
Cash Acquisitions	-	-	-	-	-
Cash from Investing	-62.38L	-78.68L	-1.41Cr	-88.95L	-49.87L
Long-Term Debt Issued, Total	39.36L	60.58L	92.15L	49.13L	38.47L
Total Debt Issued	39.36L	60.58L	92.15L	49.13L	38.47L
Long-Term Debt Repaid, Total	-75.96L	-90.03L	-94.81L	-1.18Cr	-1.97Cr
Total Debt Repaid	-75.96L	-90.03L	-94.81L	-1.18Cr	-1.97Cr
Issuance of Common Stock	52T	-	-	-	4T
Repurchase of Common Stock	-	-16T	-24T	-1T	-
Common Dividends Paid	-	-19.68L	-30.27L	-10L	-5L
Common & Preferred Stock Dividends Paid	-	-19.68L	-30.27L	-10L	-5L
Cash from Financing	-36.08L	-49.29L	-33.17L	-78.97L	-1.63Cr
Net Change in Cash	52.77L	94.95L	45.87L	-7L	-88.33L
Supplemental Items
Levered Free Cash Flow	48.86L	1.51Cr	47.3L	67.73L	69.18L
Unlevered Free Cash Flow	57.87L	1.58Cr	55.4L	76.21L	75.08L
Change In Net Working Capital	76.2L	26.34L	-13.88L	-61.08L	18.86L
Net Debt Issued / Repaid	-36.6L	-29.45L	-3L	-68.98L	-1.58Cr

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.67	12.93	5.92	0	2.33
Return on Total Capital	11.61	17.23	7.69	0	3.17
Return On Equity %	26.87	33.95	14.65	-0.19	5.21
Return on Common Equity	26.77	33.88	14.54	-0.44	4.92
Margin Analysis
Gross Profit Margin %	39.32	43.12	34.59	23.85	28.7
SG&A Margin	10.8	9.79	10.88	12.05	12
EBITDA Margin %	27.71	32.52	23.42	11.85	17.38
EBITA Margin %	17.4	24.13	13.66	0.01	5.55
EBIT Margin %	17.4	24.12	13.66	0.01	5.54
Income From Continuing Operations Margin %	11.8	16.37	9.74	-0.15	3.9
Net Income Margin %	11.71	16.27	9.62	-0.34	3.65
Net Avail. For Common Margin %	11.71	16.27	9.62	-0.34	3.65
Normalized Net Income Margin	9.75	14.33	7.83	-0.7	2.9
Levered Free Cash Flow Margin	5.21	13.24	4.67	7.4	7.25
Unlevered Free Cash Flow Margin	6.17	13.81	5.47	8.32	7.87
Asset Turnover
Asset Turnover	0.8	0.86	0.69	0.62	0.67
Fixed Assets Turnover	1.38	1.79	1.53	1.3	1.38
Receivables Turnover (Average Receivables)	8.8	8.41	8.19	8.3	8.68
Inventory Turnover (Average Inventory)	2.98	2.56	2.33	2.81	2.57
Short Term Liquidity
Current Ratio	1.64	1.84	2	1.39	1.61
Quick Ratio	0.99	1.06	1.28	0.89	0.89
Operating Cash Flow to Current Liabilities	0.44	0.56	0.59	0.31	0.29
Days Sales Outstanding (Average Receivables)	41.49	43.39	44.59	44.09	42.06
Days Outstanding Inventory (Average Inventory)	122.53	142.74	156.48	130.22	142.15
Average Days Payable Outstanding	96.17	79.71	99.8	104.31	105.96
Cash Conversion Cycle (Average Days)	67.86	106.41	101.26	70	78.25
Long Term Solvency
Total Debt/Equity	96.7	70.11	64.14	57.71	34
Total Debt / Total Capital	49.16	41.22	39.08	36.59	25.37
LT Debt/Equity	80.55	56.74	51.08	29.42	25.09
Long-Term Debt / Total Capital	40.95	33.35	31.12	18.65	18.72
Total Liabilities / Total Assets	62.27	55.5	52.29	51.93	47
EBIT / Interest Expense	11.33	26.3	10.67	0.01	5.59
EBITDA / Interest Expense	18.05	35.45	18.29	8	17.55
(EBITDA - Capex) / Interest Expense	13.55	27.43	7.21	1.12	12.04
Total Debt / EBITDA	1.74	1.2	1.92	3.72	1.5
Net Debt / EBITDA	1.07	0.47	0.59	0.87	0.17
Total Debt / (EBITDA - Capex)	2.32	1.55	4.88	26.61	2.19
Net Debt / (EBITDA - Capex)	1.42	0.61	1.5	6.25	0.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	41.44	21.84	-11.49	-9.51	4.19
Gross Profit, 1 Yr. Growth %	55.68	33.62	-29	-37.6	25.37
EBITDA, 1 Yr. Growth %	87.18	43.48	-36.26	-53.3	58.83
EBITA, 1 Yr. Growth %	186.69	69.02	-49.87	-99.94	58.76T
EBIT, 1 Yr. Growth %	186.57	68.98	-49.88	-99.94	58.61T
Earnings From Cont. Operations, 1 Yr. Growth %	190.46	69.02	-47.32	-101.37	-2.86T
Net Income, 1 Yr. Growth %	193.02	69.22	-47.68	-103.2	-1.22T
Normalized Net Income, 1 Yr. Growth %	273.8	79.06	-51.64	-108.14	-529.31
Diluted EPS Before Extra, 1 Yr. Growth %	193.02	68.87	-47.67	-103.2	-1.22T
Accounts Receivable, 1 Yr. Growth %	97.7	-8.14	-10.04	-11.54	12.31
Inventory, 1 Yr. Growth %	27.33	41.73	-15.04	-9.24	24.44
Net Property, Plant and Equip., 1 Yr. Growth %	-7.05	-4.31	11.44	2.08	-5.33
Total Assets, 1 Yr. Growth %	11.35	15.11	4.41	-2.44	-5.12
Tangible Book Value, 1 Yr. Growth %	31.08	35.68	11.8	-1.96	4.23
Common Equity, 1 Yr. Growth %	31.07	35.67	11.8	-1.96	4.31
Cash From Operations, 1 Yr. Growth %	13.77	47.4	-1.25	-27.02	-22.34
Capital Expenditures, 1 Yr. Growth %	-13.01	29.79	70.76	-35	-44.21
Levered Free Cash Flow, 1 Yr. Growth %	172.91	252.08	-66.25	58.64	8.74
Unlevered Free Cash Flow, 1 Yr. Growth %	105.82	203.7	-62.23	50.03	4.15
Dividend Per Share, 1 Yr. Growth %	-	-	-67	-48.48	94.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.88	31.28	3.85	-10.51	-2.9
Gross Profit, 2 Yr. CAGR %	30.18	44.23	-2.6	-33.44	-11.55
EBITDA, 2 Yr. CAGR %	51.94	63.58	-4.37	-45.97	-15.52
EBITA, 2 Yr. CAGR %	74	120.08	-7.96	-98.19	-38.11
EBIT, 2 Yr. CAGR %	73.96	120.05	-7.97	-98.19	-38.18
Earnings From Cont. Operations, 2 Yr. CAGR %	86.32	121.57	-5.64	-91.51	-38.54
Net Income, 2 Yr. CAGR %	85.62	122.68	-5.91	-87.07	-40.17
Normalized Net Income, 2 Yr. CAGR %	94.81	158.71	-6.95	-80.17	-40.9
Diluted EPS Before Extra, 2 Yr. CAGR %	86.06	122.44	-6	-87.07	-40.17
Accounts Receivable, 2 Yr. CAGR %	42	34.76	-9.1	-10.79	-0.33
Inventory, 2 Yr. CAGR %	24.27	33.16	11.31	-12.29	6.28
Net Property, Plant and Equip., 2 Yr. CAGR %	3.51	-5.69	3.26	6.66	-1.7
Total Assets, 2 Yr. CAGR %	10.11	13.21	9.63	0.93	-3.79
Tangible Book Value, 2 Yr. CAGR %	21	33.36	23.16	4.69	1.09
Common Equity, 2 Yr. CAGR %	20.95	33.35	23.16	4.69	1.13
Cash From Operations, 2 Yr. CAGR %	29.15	29.5	20.65	-15.11	-24.72
Capital Expenditures, 2 Yr. CAGR %	-38.89	6.26	48.87	5.35	-39.78
Levered Free Cash Flow, 2 Yr. CAGR %	-9.56	190.76	4.9	-30.48	27.29
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.29	136.99	3.22	-27.93	21.58
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-58.77	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.16	21.2	15.11	-0.81	-5.85
Gross Profit, 3 Yr. CAGR %	22.18	31.32	13.88	-16.03	-17.8
EBITDA, 3 Yr. CAGR %	35.64	48.88	19.48	-25.18	-23.59
EBITA, 3 Yr. CAGR %	48.42	72.3	34.4	-91.8	-42.31
EBIT, 3 Yr. CAGR %	48.39	72.28	34.39	-91.8	-42.36
Earnings From Cont. Operations, 3 Yr. CAGR %	53.42	80.37	37.26	-76.99	-41.62
Net Income, 3 Yr. CAGR %	53.03	79.98	37.4	-69.53	-42.79
Normalized Net Income, 3 Yr. CAGR %	55.09	89.41	47.92	-58.7	-44.72
Diluted EPS Before Extra, 3 Yr. CAGR %	53.52	80.14	37.32	-69.55	-42.78
Accounts Receivable, 3 Yr. CAGR %	39.09	22.81	17.77	-9.92	-3.67
Inventory, 3 Yr. CAGR %	12.19	29.08	15.73	3.91	-1.44
Net Property, Plant and Equip., 3 Yr. CAGR %	18.4	0.84	-0.3	2.87	2.5
Total Assets, 3 Yr. CAGR %	13.23	11.75	10.2	5.45	-1.13
Tangible Book Value, 3 Yr. CAGR %	17.51	25.71	25.75	14.15	4.54
Common Equity, 3 Yr. CAGR %	17.46	25.67	25.74	14.14	4.56
Cash From Operations, 3 Yr. CAGR %	13.62	34.97	18.31	2.03	-17.59
Capital Expenditures, 3 Yr. CAGR %	-27.54	-21.44	24.46	12.94	-14.76
Levered Free Cash Flow, 3 Yr. CAGR %	-14.21	36.33	38.25	16.36	-20.97
Unlevered Free Cash Flow, 3 Yr. CAGR %	-6.75	46.46	25.37	13.59	-20.01
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-30.9
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.6	14.56	10.49	7.36	7.54
Gross Profit, 5 Yr. CAGR %	18.2	22.61	11.59	0.07	2.93
EBITDA, 5 Yr. CAGR %	29.48	34.01	17.86	-0.75	3.6
EBITA, 5 Yr. CAGR %	42.62	48.19	22.59	-72.17	-1.45
EBIT, 5 Yr. CAGR %	42.61	48.18	22.58	-72.17	-1.49
Earnings From Cont. Operations, 5 Yr. CAGR %	34.54	52.49	26.31	-46.88	-0.47
Net Income, 5 Yr. CAGR %	34.34	52.29	25.97	-37.23	-1.47
Normalized Net Income, 5 Yr. CAGR %	52.18	55.07	26.43	-23.19	2.48
Diluted EPS Before Extra, 5 Yr. CAGR %	34.6	52.52	26.17	-37.19	-1.51
Accounts Receivable, 5 Yr. CAGR %	23	16.23	17.33	8.07	10.17
Inventory, 5 Yr. CAGR %	6.18	16.04	11.44	11.23	11.8
Net Property, Plant and Equip., 5 Yr. CAGR %	12.52	8.35	12.1	3.12	-0.86
Total Assets, 5 Yr. CAGR %	14.24	15.2	11.78	7.29	4.38
Tangible Book Value, 5 Yr. CAGR %	14.79	19.77	19.74	16.84	15.23
Common Equity, 5 Yr. CAGR %	14.74	19.74	19.71	16.82	15.25
Cash From Operations, 5 Yr. CAGR %	21.81	18.67	16.38	12.12	-1.26
Capital Expenditures, 5 Yr. CAGR %	15.04	-2.69	-3.36	-11.66	-6.91
Levered Free Cash Flow, 5 Yr. CAGR %	19.71	67.85	-9.38	2.54	31.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.63	93.19	-4.94	8.68	21.71