Financials SBF AG

Equities

CY1K

DE000A2AAE22

Electrical Components & Equipment

Delayed Deutsche Boerse AG 11:34:28 10/05/2024 am IST 5-day change 1st Jan Change
3.82 EUR -1.04% Intraday chart for SBF AG +0.53% -8.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 9.804 26.04 78.44 95.3 72.8 37.47 37.47 -
Enterprise Value (EV) 1 10.47 25.95 83.37 93.01 66.56 34.77 38.17 34.37
P/E ratio - 8.64 x 37.4 x 20 x -112 x -30.9 x 29.7 x 14.8 x
Yield - - - - - - - -
Capitalization / Revenue 0.67 x 1.54 x 3.66 x 3.06 x 2.09 x 1.09 x 0.71 x 0.65 x
EV / Revenue 0.71 x 1.54 x 3.89 x 2.98 x 1.91 x 1.01 x 0.72 x 0.59 x
EV / EBITDA 4.74 x 6.35 x 25.3 x 17.8 x 28.7 x 70.2 x 12.4 x 5.96 x
EV / FCF 8.33 x 31.6 x -55.1 x -92.5 x -8.27 x -10.1 x 14.7 x 9.36 x
FCF Yield 12% 3.16% -1.81% -1.08% -12.1% -9.87% 6.81% 10.7%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 7,844 7,844 7,844 8,824 9,706 9,706 9,706 -
Reference price 2 1.250 3.320 10.00 10.80 7.500 3.860 3.860 3.860
Announcement Date 12/04/19 23/03/20 28/04/21 13/05/22 26/04/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 14.7 16.87 21.4 31.18 34.84 34.26 53.01 57.92
EBITDA 1 2.212 4.087 3.301 5.236 2.319 0.495 3.08 5.77
EBIT 1 1.577 3.421 2.451 4.019 0.0597 -1.12 2.07 3.89
Operating Margin 10.73% 20.28% 11.45% 12.89% 0.17% -3.27% 3.9% 6.72%
Earnings before Tax (EBT) 1 - 3.337 2.32 5.73 -1.113 -1.5 2.9 4.5
Net income 1 - 3.013 2.095 4.727 -0.649 -1.21 1.31 2.535
Net margin - 17.86% 9.79% 15.16% -1.86% -3.53% 2.47% 4.38%
EPS 2 - 0.3841 0.2671 0.5406 -0.0669 -0.1250 0.1300 0.2600
Free Cash Flow 1 1.257 0.821 -1.512 -1.006 -8.048 -3.43 2.6 3.67
FCF margin 8.55% 4.87% -7.06% -3.23% -23.1% -10.01% 4.9% 6.34%
FCF Conversion (EBITDA) 56.83% 20.09% - - - - 84.42% 63.6%
FCF Conversion (Net income) - 27.25% - - - - 198.47% 144.77%
Dividend per Share - - - - - - - -
Announcement Date 12/04/19 23/03/20 28/04/21 13/05/22 26/04/23 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 0.67 - 4.93 - - - 0.7 -
Net Cash position 1 - 0.09 - 2.29 6.24 2.7 - 3.1
Leverage (Debt/EBITDA) 0.3025 x - 1.494 x - - - 0.2273 x -
Free Cash Flow 1 1.26 0.82 -1.51 -1.01 -8.05 -3.43 2.6 3.67
ROE (net income / shareholders' equity) - 23% 13.4% 20.6% -1.97% -3% 6.1% 8.3%
ROA (Net income/ Total Assets) - 16.9% 6.97% 13% -1.42% -2.2% 3.6% 5.4%
Assets 1 - 17.84 30.05 36.26 45.71 55 36.39 46.94
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 0.29 2.05 1.53 0.98 2.98 3.03 2.48 1.88
Capex / Sales 1.99% 12.13% 7.14% 3.13% 8.56% 8.83% 4.67% 3.24%
Announcement Date 12/04/19 23/03/20 28/04/21 13/05/22 26/04/23 - - -
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.86 EUR
Average target price
9.25 EUR
Spread / Average Target
+139.64%
Consensus

Annual profits - Rate of surprise

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