Real-time Estimate
Tradegate
12:11:31 03/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
403
EUR
|
+2.28%
|
|
-3.90%
|
+23.13%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,599
|
3,739
|
5,107
|
6,316
|
7,587
|
9,090
|
-
|
-
|
Enterprise Value (EV)
1 |
4,357
|
4,577
|
6,666
|
8,062
|
9,268
|
11,036
|
10,940
|
11,081
|
P/E ratio
|
24.1
x
|
10
x
|
13.4
x
|
9.95
x
|
14
x
|
18.2
x
|
15.6
x
|
15.6
x
|
Yield
|
-
|
0.19%
|
0.52%
|
0.45%
|
0.43%
|
0.38%
|
0.4%
|
0.42%
|
Capitalization / Revenue
|
0.26
x
|
0.33
x
|
0.29
x
|
0.27
x
|
0.35
x
|
0.41
x
|
0.4
x
|
0.4
x
|
EV / Revenue
|
0.31
x
|
0.41
x
|
0.38
x
|
0.34
x
|
0.43
x
|
0.5
x
|
0.49
x
|
0.48
x
|
EV / EBITDA
|
10.3
x
|
6.33
x
|
8.05
x
|
6.77
x
|
8.76
x
|
11
x
|
9.98
x
|
10.2
x
|
EV / FCF
|
40.2
x
|
13.7
x
|
14.4
x
|
11.7
x
|
20.7
x
|
34
x
|
24
x
|
28.6
x
|
FCF Yield
|
2.49%
|
7.27%
|
6.94%
|
8.55%
|
4.84%
|
2.94%
|
4.17%
|
3.5%
|
Price to Book
|
4.5
x
|
4.55
x
|
6.15
x
|
10.4
x
|
8.96
x
|
9.98
x
|
8.44
x
|
7.03
x
|
Nbr of stocks (in thousands)
|
30,760
|
28,568
|
25,633
|
22,594
|
21,277
|
20,718
|
-
|
-
|
Reference price
2 |
117.0
|
130.9
|
199.2
|
279.5
|
356.6
|
438.8
|
438.8
|
438.8
|
Announcement Date
|
29/01/20
|
03/02/21
|
02/02/22
|
01/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
14,035
|
11,264
|
17,360
|
23,446
|
21,529
|
21,958
|
22,448
|
23,003
|
EBITDA
1 |
422.6
|
722.7
|
828
|
1,191
|
1,058
|
1,007
|
1,096
|
1,091
|
EBIT
1 |
270.4
|
561.7
|
604
|
968.4
|
826
|
760
|
835
|
818
|
Operating Margin
|
1.93%
|
4.99%
|
3.48%
|
4.13%
|
3.84%
|
3.46%
|
3.72%
|
3.56%
|
Earnings before Tax (EBT)
1 |
202.4
|
509.1
|
521.9
|
883.8
|
734.4
|
683
|
766.4
|
782.2
|
Net income
1 |
154.8
|
386.1
|
396.9
|
672.9
|
556.8
|
516.4
|
575.3
|
588.9
|
Net margin
|
1.1%
|
3.43%
|
2.29%
|
2.87%
|
2.59%
|
2.35%
|
2.56%
|
2.56%
|
EPS
2 |
4.860
|
13.08
|
14.92
|
28.10
|
25.49
|
24.10
|
28.05
|
28.17
|
Free Cash Flow
1 |
108.5
|
333
|
462.7
|
689.4
|
448.4
|
324.8
|
455.8
|
387.4
|
FCF margin
|
0.77%
|
2.96%
|
2.67%
|
2.94%
|
2.08%
|
1.48%
|
2.03%
|
1.68%
|
FCF Conversion (EBITDA)
|
25.67%
|
46.08%
|
55.88%
|
57.89%
|
42.36%
|
32.25%
|
41.59%
|
35.51%
|
FCF Conversion (Net income)
|
70.09%
|
86.25%
|
116.58%
|
102.45%
|
80.53%
|
62.9%
|
79.23%
|
65.78%
|
Dividend per Share
2 |
-
|
0.2500
|
1.040
|
1.270
|
1.550
|
1.685
|
1.755
|
1.850
|
Announcement Date
|
29/01/20
|
03/02/21
|
02/02/22
|
01/02/23
|
07/02/24
|
-
|
-
|
-
|
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 |
4,767
|
5,118
|
6,767
|
6,195
|
5,366
|
5,077
|
5,585
|
5,798
|
5,069
|
4,844
|
5,750
|
5,880
|
5,484
|
5,213
|
5,785
|
EBITDA
1 |
216.2
|
277
|
316.6
|
367
|
230.3
|
220.2
|
257.1
|
306
|
275.2
|
164.3
|
270.3
|
299.8
|
292.8
|
235.8
|
297.8
|
EBIT
1 |
160.9
|
220.7
|
262.3
|
311.9
|
173.5
|
162.8
|
198.7
|
247.3
|
217.2
|
105.2
|
205
|
230.5
|
223.5
|
163
|
231.2
|
Operating Margin
|
3.38%
|
4.31%
|
3.88%
|
5.03%
|
3.23%
|
3.21%
|
3.56%
|
4.27%
|
4.28%
|
2.17%
|
3.57%
|
3.92%
|
4.08%
|
3.13%
|
4%
|
Earnings before Tax (EBT)
1 |
140.9
|
200.4
|
241.3
|
290.7
|
151.4
|
139
|
175.7
|
223.4
|
196.3
|
81.9
|
184.5
|
213.6
|
206.1
|
140.4
|
207.2
|
Net income
1 |
108.8
|
152.4
|
183.3
|
219.5
|
117.7
|
106.3
|
132.8
|
167.7
|
150
|
66
|
138.9
|
160.1
|
155
|
105.3
|
155.3
|
Net margin
|
2.28%
|
2.98%
|
2.71%
|
3.54%
|
2.19%
|
2.09%
|
2.38%
|
2.89%
|
2.96%
|
1.36%
|
2.42%
|
2.72%
|
2.83%
|
2.02%
|
2.68%
|
EPS
2 |
4.230
|
6.080
|
7.530
|
9.280
|
5.210
|
4.800
|
6.020
|
7.690
|
7.000
|
3.120
|
6.565
|
7.535
|
7.353
|
5.382
|
7.802
|
Dividend per Share
2 |
0.2900
|
0.2900
|
0.3100
|
0.3200
|
0.3500
|
0.3700
|
0.3800
|
0.3900
|
0.4100
|
-
|
0.4200
|
0.4200
|
0.4300
|
0.4300
|
0.4300
|
Announcement Date
|
02/02/22
|
03/05/22
|
27/07/22
|
26/10/22
|
01/02/23
|
02/05/23
|
02/08/23
|
01/11/23
|
07/02/24
|
01/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
758
|
839
|
1,559
|
1,746
|
1,682
|
1,946
|
1,850
|
1,991
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.793
x
|
1.161
x
|
1.882
x
|
1.466
x
|
1.589
x
|
1.932
x
|
1.688
x
|
1.825
x
|
Free Cash Flow
1 |
109
|
333
|
463
|
689
|
448
|
325
|
456
|
387
|
ROE (net income / shareholders' equity)
|
19.2%
|
48.7%
|
49.9%
|
92.9%
|
75.8%
|
62.1%
|
57.3%
|
-
|
ROA (Net income/ Total Assets)
|
6.13%
|
14.4%
|
11.8%
|
16.5%
|
13.2%
|
12.3%
|
12.1%
|
-
|
Assets
1 |
2,524
|
2,686
|
3,367
|
4,086
|
4,218
|
4,198
|
4,755
|
-
|
Book Value Per Share
2 |
26.00
|
28.80
|
32.40
|
26.80
|
39.80
|
44.00
|
52.00
|
62.50
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
205
|
231
|
275
|
305
|
336
|
404
|
410
|
428
|
Capex / Sales
|
1.46%
|
2.05%
|
1.58%
|
1.3%
|
1.56%
|
1.84%
|
1.83%
|
1.86%
|
Announcement Date
|
29/01/20
|
03/02/21
|
02/02/22
|
01/02/23
|
07/02/24
|
-
|
-
|
-
|
Last Close Price
438.8
USD Average target price
425.9
USD Spread / Average Target -2.94% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.95% | 55.78B | | -12.60% | 4.82B | | -5.36% | 4.39B | | -9.96% | 3.18B | | -7.81% | 1.1B | | -3.41% | 645M | | +16.83% | 613M | | -.--% | 397M | | -44.93% | 335M |
Gasoline Stations
|