Real-time
BOERSE MUENCHEN
10:43:03 27/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
6.65
EUR
|
0.00%
|
|
0.00%
|
-6.34%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,39,539
|
1,27,346
|
1,55,301
|
1,30,146
|
1,41,011
|
1,68,100
|
-
|
-
|
Enterprise Value (EV)
1 |
2,41,461
|
2,28,634
|
2,88,087
|
2,90,841
|
3,41,231
|
3,93,832
|
4,08,564
|
4,02,176
|
P/E ratio
|
12
x
|
10.5
x
|
11.2
x
|
8.63
x
|
9.18
x
|
10.8
x
|
9.32
x
|
8.32
x
|
Yield
|
2.83%
|
3.1%
|
2.67%
|
3.79%
|
3.6%
|
3.31%
|
3.77%
|
4.3%
|
Capitalization / Revenue
|
0.26
x
|
0.22
x
|
0.27
x
|
0.21
x
|
0.2
x
|
0.22
x
|
0.2
x
|
0.19
x
|
EV / Revenue
|
0.46
x
|
0.4
x
|
0.5
x
|
0.47
x
|
0.49
x
|
0.51
x
|
0.48
x
|
0.45
x
|
EV / EBITDA
|
7.11
x
|
6.31
x
|
7.4
x
|
6.52
x
|
7.11
x
|
6.99
x
|
6.24
x
|
5.85
x
|
EV / FCF
|
21.5
x
|
57.4
x
|
-19.9
x
|
-20.4
x
|
-73.8
x
|
-109
x
|
-70.8
x
|
-392
x
|
FCF Yield
|
4.66%
|
1.74%
|
-5.02%
|
-4.9%
|
-1.36%
|
-0.92%
|
-1.41%
|
-0.25%
|
Price to Book
|
1.17
x
|
1.02
x
|
1.15
x
|
0.91
x
|
0.88
x
|
0.96
x
|
0.89
x
|
0.82
x
|
Nbr of stocks (in thousands)
|
1,51,837
|
1,51,964
|
1,48,188
|
1,44,929
|
1,49,218
|
1,49,422
|
-
|
-
|
Reference price
2 |
919.0
|
838.0
|
1,048
|
898.0
|
945.0
|
1,125
|
1,125
|
1,125
|
Announcement Date
|
10/05/19
|
13/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
13/05/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,29,609
|
5,70,030
|
5,72,405
|
6,23,139
|
6,96,288
|
7,78,370
|
8,51,600
|
8,86,543
|
EBITDA
1 |
33,965
|
36,221
|
38,939
|
44,588
|
47,964
|
56,346
|
65,431
|
68,781
|
EBIT
1 |
19,631
|
20,656
|
21,520
|
24,771
|
25,535
|
29,906
|
33,573
|
36,797
|
Operating Margin
|
3.71%
|
3.62%
|
3.76%
|
3.98%
|
3.67%
|
3.84%
|
3.94%
|
4.15%
|
Earnings before Tax (EBT)
1 |
18,901
|
19,648
|
22,602
|
24,778
|
25,736
|
28,796
|
32,400
|
35,594
|
Net income
1 |
11,681
|
12,081
|
14,240
|
15,233
|
15,341
|
15,944
|
18,527
|
20,583
|
Net margin
|
2.21%
|
2.12%
|
2.49%
|
2.44%
|
2.2%
|
2.05%
|
2.18%
|
2.32%
|
EPS
2 |
76.90
|
79.51
|
93.81
|
104.1
|
102.9
|
106.2
|
120.7
|
135.3
|
Free Cash Flow
1 |
11,252
|
3,986
|
-14,451
|
-14,256
|
-4,625
|
-3,614
|
-5,774
|
-1,025
|
FCF margin
|
2.12%
|
0.7%
|
-2.52%
|
-2.29%
|
-0.66%
|
-0.46%
|
-0.68%
|
-0.12%
|
FCF Conversion (EBITDA)
|
33.13%
|
11%
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
96.33%
|
32.99%
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
26.00
|
26.00
|
28.00
|
34.00
|
34.00
|
38.00
|
42.40
|
48.43
|
Announcement Date
|
10/05/19
|
13/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
13/05/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
2,82,070
|
2,87,960
|
2,73,449
|
2,98,956
|
1,52,660
|
3,00,762
|
1,64,687
|
1,57,690
|
1,65,345
|
1,69,459
|
3,34,804
|
1,80,494
|
1,80,990
|
1,88,340
|
1,91,338
|
3,79,678
|
2,03,108
|
1,95,584
|
3,98,692
|
2,03,050
|
2,10,050
|
2,24,250
|
2,13,650
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
10,343
|
10,313
|
9,641
|
11,879
|
5,610
|
11,705
|
8,651
|
4,415
|
6,973
|
6,073
|
13,046
|
8,740
|
3,749
|
7,659
|
7,112
|
14,771
|
10,611
|
4,524
|
15,135
|
7,960
|
7,780
|
12,320
|
5,990
|
Operating Margin
|
3.67%
|
3.58%
|
3.53%
|
3.97%
|
3.67%
|
3.89%
|
5.25%
|
2.8%
|
4.22%
|
3.58%
|
3.9%
|
4.84%
|
2.07%
|
4.07%
|
3.72%
|
3.89%
|
5.22%
|
2.31%
|
3.8%
|
3.92%
|
3.7%
|
5.49%
|
2.8%
|
Earnings before Tax (EBT)
1 |
10,181
|
-
|
9,457
|
-
|
5,485
|
11,685
|
9,098
|
3,995
|
7,438
|
-
|
13,418
|
10,537
|
1,781
|
8,222
|
-
|
15,036
|
10,438
|
3,322
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
6,431
|
5,650
|
5,726
|
-
|
3,347
|
6,955
|
5,701
|
2,577
|
4,363
|
3,620
|
7,983
|
6,964
|
394
|
4,571
|
4,286
|
8,857
|
6,295
|
792
|
-
|
4,700
|
4,700
|
7,400
|
1,000
|
Net margin
|
2.28%
|
1.96%
|
2.09%
|
-
|
2.19%
|
2.31%
|
3.46%
|
1.63%
|
2.64%
|
2.14%
|
2.38%
|
3.86%
|
0.22%
|
2.43%
|
2.24%
|
2.33%
|
3.1%
|
0.4%
|
-
|
2.31%
|
2.24%
|
3.3%
|
0.47%
|
EPS
|
42.34
|
-
|
37.67
|
-
|
22.86
|
47.20
|
39.16
|
17.73
|
29.29
|
24.28
|
53.57
|
46.71
|
2.620
|
30.62
|
28.58
|
59.20
|
41.89
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
13.00
|
-
|
13.00
|
-
|
-
|
17.00
|
-
|
-
|
-
|
-
|
17.00
|
-
|
-
|
-
|
-
|
19.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
08/11/19
|
13/05/20
|
06/11/20
|
14/05/21
|
12/11/21
|
12/11/21
|
09/02/22
|
13/05/22
|
12/08/22
|
14/11/22
|
14/11/22
|
10/02/23
|
12/05/23
|
10/08/23
|
13/11/23
|
13/11/23
|
09/02/24
|
13/05/24
|
13/05/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,01,922
|
1,01,288
|
1,32,786
|
1,60,695
|
2,00,220
|
2,20,924
|
2,40,464
|
2,34,076
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.001
x
|
2.796
x
|
3.41
x
|
3.604
x
|
4.174
x
|
3.921
x
|
3.675
x
|
3.403
x
|
Free Cash Flow
1 |
11,252
|
3,986
|
-14,451
|
-14,256
|
-4,625
|
-3,614
|
-5,774
|
-1,025
|
ROE (net income / shareholders' equity)
|
10.1%
|
9.9%
|
11%
|
10.8%
|
10%
|
9.4%
|
10%
|
10.3%
|
ROA (Net income/ Total Assets)
|
5.89%
|
5.95%
|
5.61%
|
5.7%
|
4.92%
|
4.82%
|
3.35%
|
3.53%
|
Assets
1 |
1,98,320
|
2,02,903
|
2,53,860
|
2,67,202
|
3,11,600
|
3,31,124
|
5,52,466
|
5,82,468
|
Book Value Per Share
2 |
785.0
|
824.0
|
909.0
|
986.0
|
1,076
|
1,197
|
1,268
|
1,368
|
Cash Flow per Share
2 |
171.0
|
182.0
|
212.0
|
240.0
|
253.0
|
282.0
|
259.0
|
301.0
|
Capex
1 |
45,199
|
27,112
|
40,174
|
40,792
|
55,040
|
54,828
|
50,267
|
44,460
|
Capex / Sales
|
8.53%
|
4.76%
|
7.02%
|
6.55%
|
7.9%
|
7.04%
|
5.9%
|
5.01%
|
Announcement Date
|
10/05/19
|
13/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
13/05/24
|
-
|
-
|
Last Close Price
1,125
JPY Average target price
1,347
JPY Spread / Average Target +19.75% Consensus |
1st Jan change
|
Capi.
|
---|
| -11.32% | 34.33B | | -9.49% | 32.55B | | -1.52% | 6.34B | | +19.84% | 6.16B | | +7.69% | 4.07B | | -7.54% | 4.04B | | 0.00% | 3.18B | | +52.89% | 2.31B | | +1.96% | 2.25B |
Integrated Logistics Operators
|