Financials Quadient S.A.

Equities

QDT

FR0000120560

IT Services & Consulting

Market Closed - Euronext Paris 09:05:26 26/04/2024 pm IST 5-day change 1st Jan Change
17.68 EUR +1.14% Intraday chart for Quadient S.A. +1.03% -8.01%

Valuation

Fiscal Period: January 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 754.5 747.7 618.9 620.5 555.9 607.7 - -
Enterprise Value (EV) 1 1,371 1,416 1,131 1,124 1,278 1,337 1,212 1,097
P/E ratio 9.66 x 145 x 19.6 x 8.33 x 55.8 x 9.71 x 7.09 x 6.15 x
Yield 2.42% 2.44% 2.78% 3.04% 3.71% 3.31% 3.37% 3.56%
Capitalization / Revenue 0.69 x 0.65 x 0.6 x 0.61 x 0.51 x 0.63 x 0.55 x 0.54 x
EV / Revenue 1.26 x 1.24 x 1.1 x 1.1 x 1.18 x 1.26 x 1.1 x 0.98 x
EV / EBITDA 5.04 x 5.02 x 4.6 x 4.59 x 5.32 x 5.48 x 4.74 x 4.06 x
EV / FCF 9.02 x 16.5 x 6.77 x 10.8 x 18.2 x 20.9 x 13.6 x 10.8 x
FCF Yield 11.1% 6.07% 14.8% 9.25% 5.49% 4.79% 7.36% 9.25%
Price to Book 0.61 x 0.6 x 0.5 x 0.46 x 0.52 x 0.53 x 0.52 x 0.48 x
Nbr of stocks (in thousands) 34,419 34,422 34,366 34,338 34,377 34,373 - -
Reference price 2 21.92 21.72 18.01 18.07 16.17 17.68 17.68 17.68
Announcement Date 26/03/19 30/03/20 30/03/21 28/03/22 27/03/23 25/03/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Enero 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,092 1,143 1,029 1,024 1,081 1,062 1,104 1,124
EBITDA 1 272 282 246 245 240 244 255.6 270.1
EBIT 1 199 170 152 147 150 157 155.7 167.6
Operating Margin 18.22% 14.87% 14.77% 14.36% 13.88% 14.78% 14.1% 14.9%
Earnings before Tax (EBT) 1 127 36 64 108 31 101 116.6 140
Net income 1 92 14 40 88 13 69 85.3 98.22
Net margin 8.42% 1.22% 3.89% 8.59% 1.2% 6.5% 7.73% 8.74%
EPS 2 2.270 0.1500 0.9200 2.170 0.2900 2.020 2.493 2.875
Free Cash Flow 1 152 86 167 104 70.2 64 89.2 101.4
FCF margin 13.92% 7.52% 16.23% 10.16% 6.49% 6.03% 8.08% 9.02%
FCF Conversion (EBITDA) 55.88% 30.5% 67.89% 42.45% 29.25% 26.23% 34.9% 37.54%
FCF Conversion (Net income) 165.22% 614.29% 417.5% 118.18% 540% 92.75% 104.57% 103.23%
Dividend per Share 2 0.5300 0.5300 0.5000 0.5500 0.6000 0.6500 0.5967 0.6300
Announcement Date 26/03/19 30/03/20 30/03/21 28/03/22 27/03/23 25/03/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Januari 2020 S1 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 557 485 544 258 504 248 253 271 524 270 256 522 263
EBITDA - 104 - - 118 - - - 111 - - - -
EBIT 93 61 91 - 70 - - - 65 - - 68 -
Operating Margin 16.7% 12.58% 16.73% - 13.89% - - - 12.4% - - 13.03% -
Earnings before Tax (EBT) - 25 - - 55 - - - 42 - - - -
Net income 47 21 - - 45 - - - 29 - - - -
Net margin 8.44% 4.33% - - 8.93% - - - 5.53% - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 24/09/19 28/09/20 30/03/21 27/09/21 27/09/21 07/12/21 07/06/22 26/09/22 26/09/22 05/12/22 31/05/23 20/09/23 29/11/23
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Januari 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 617 668 512 504 722 663 604 489
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.268 x 2.369 x 2.081 x 2.057 x 3.008 x 2.717 x 2.364 x 1.81 x
Free Cash Flow 1 152 86 167 104 70.2 64 89.2 101
ROE (net income / shareholders' equity) 8.6% 4.25% 4.22% 6.77% 1.07% 6.57% 7.47% 7.88%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 36.00 36.10 35.90 39.40 31.20 33.10 33.90 36.70
Cash Flow per Share 2 5.920 2.090 5.910 4.730 4.660 4.830 5.550 5.720
Capex 1 88 109 90 88 87.9 101 100 99.7
Capex / Sales 8.06% 9.54% 8.75% 8.59% 8.13% 9.51% 9.09% 8.87%
Announcement Date 26/03/19 30/03/20 30/03/21 28/03/22 27/03/23 25/03/24 - -
1EUR in Million2EUR
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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
17.68 EUR
Average target price
25.46 EUR
Spread / Average Target
+44.00%
Consensus

Quarterly revenue - Rate of surprise

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