Real-time Estimate
Tradegate
08:47:37 29/04/2024 pm IST
|
5-day change
|
1st Jan Change
|
9.728
EUR
|
+1.70%
|
|
+0.31%
|
-47.74%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
849.7
|
2,954
|
2,139
|
2,139
|
2,325
|
1,195
|
-
|
-
|
Enterprise Value (EV)
1 |
1,079
|
3,296
|
2,691
|
2,870
|
2,325
|
2,429
|
2,802
|
3,091
|
P/E ratio
|
35.8
x
|
98.5
x
|
45.1
x
|
23.8
x
|
21.6
x
|
11.6
x
|
10.2
x
|
9.34
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
24.6
x
|
55.5
x
|
22.5
x
|
12.8
x
|
10.1
x
|
4.58
x
|
3.63
x
|
2.89
x
|
EV / Revenue
|
31.2
x
|
61.9
x
|
28.3
x
|
17.1
x
|
10.1
x
|
9.31
x
|
8.51
x
|
7.47
x
|
EV / EBITDA
|
35.4
x
|
67.2
x
|
28.8
x
|
19.5
x
|
11.6
x
|
11.2
x
|
10.5
x
|
9.19
x
|
EV / FCF
|
-12.7
x
|
-38
x
|
-26.6
x
|
-13.2
x
|
-
|
-11.1
x
|
-8.83
x
|
-9.71
x
|
FCF Yield
|
-7.89%
|
-2.63%
|
-3.76%
|
-7.56%
|
-
|
-9.01%
|
-11.3%
|
-10.3%
|
Price to Book
|
4.4
x
|
13.3
x
|
8.65
x
|
6.21
x
|
-
|
2
x
|
1.7
x
|
1.29
x
|
Nbr of stocks (in thousands)
|
1,24,951
|
1,24,951
|
1,24,951
|
1,24,951
|
1,24,951
|
1,24,951
|
-
|
-
|
Reference price
2 |
6.800
|
23.64
|
17.12
|
17.12
|
18.61
|
9.565
|
9.565
|
9.565
|
Announcement Date
|
27/02/20
|
08/02/21
|
28/02/22
|
28/02/23
|
28/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
34.54
|
53.27
|
95.07
|
167.3
|
230
|
260.8
|
329.1
|
413.8
|
EBITDA
1 |
30.48
|
49.06
|
93.38
|
147.1
|
199.9
|
216.7
|
266.7
|
336.4
|
EBIT
1 |
16.22
|
33.07
|
73
|
122.1
|
168.4
|
171.1
|
207
|
283.7
|
Operating Margin
|
46.96%
|
62.09%
|
76.79%
|
72.96%
|
73.22%
|
65.59%
|
62.89%
|
68.55%
|
Earnings before Tax (EBT)
1 |
5.834
|
20.42
|
56.25
|
101.1
|
135.7
|
133.9
|
157.4
|
217.4
|
Net income
1 |
23.87
|
30.41
|
48.04
|
90.05
|
107.5
|
102.1
|
117.7
|
149.1
|
Net margin
|
69.11%
|
57.1%
|
50.53%
|
53.81%
|
46.74%
|
39.15%
|
35.76%
|
36.03%
|
EPS
2 |
0.1900
|
0.2400
|
0.3800
|
0.7200
|
0.8600
|
0.8245
|
0.9399
|
1.024
|
Free Cash Flow
1 |
-85.14
|
-86.8
|
-101.2
|
-217
|
-
|
-218.8
|
-317.5
|
-318.4
|
FCF margin
|
-246.51%
|
-162.95%
|
-106.49%
|
-129.66%
|
-
|
-83.91%
|
-96.46%
|
-76.95%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
27/02/20
|
08/02/21
|
28/02/22
|
28/02/23
|
28/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
23.12
|
42.97
|
27.79
|
24.32
|
36.46
|
38.98
|
75.44
|
45.53
|
46.38
|
44.68
|
54.88
|
99.56
|
72.87
|
57.58
|
36.26
|
62.68
|
43.04
|
106.7
|
-
|
EBITDA
|
22.41
|
42.45
|
27.57
|
23.37
|
33.07
|
35.06
|
68.13
|
40.88
|
38.07
|
40.06
|
48.9
|
88.96
|
64.65
|
46.27
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
14.89
|
33.33
|
22.54
|
17.13
|
27.73
|
29.08
|
56.82
|
34.6
|
30.68
|
32.23
|
41.02
|
73.25
|
56.05
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
64.42%
|
77.58%
|
81.12%
|
70.43%
|
76.06%
|
74.61%
|
75.31%
|
76%
|
66.15%
|
72.14%
|
74.75%
|
73.58%
|
76.92%
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
8.299
|
25.74
|
18.73
|
11.79
|
23.63
|
24.5
|
48.12
|
29.88
|
23.05
|
25.14
|
33.59
|
58.73
|
48.51
|
28.43
|
-
|
-
|
-
|
-
|
-
|
Net income
|
14.78
|
23.65
|
13.92
|
10.46
|
20.51
|
23.22
|
43.73
|
25.96
|
20.35
|
24.95
|
25.13
|
50.08
|
36.33
|
21.11
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
63.94%
|
55.04%
|
50.11%
|
43.02%
|
56.25%
|
59.58%
|
57.97%
|
57.03%
|
43.87%
|
55.84%
|
45.79%
|
50.3%
|
49.85%
|
36.66%
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
0.1100
|
0.1900
|
0.1800
|
0.1800
|
-
|
0.2100
|
0.1500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
30/09/20
|
29/09/21
|
15/11/21
|
28/02/22
|
30/05/22
|
22/09/22
|
22/09/22
|
15/11/22
|
28/02/23
|
04/05/23
|
28/09/23
|
28/09/23
|
13/11/23
|
28/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
230
|
343
|
552
|
731
|
-
|
1,234
|
1,607
|
1,896
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.533
x
|
6.982
x
|
5.914
x
|
4.968
x
|
-
|
5.694
x
|
6.024
x
|
5.636
x
|
Free Cash Flow
1 |
-85.1
|
-86.8
|
-101
|
-217
|
-
|
-219
|
-317
|
-318
|
ROE (net income / shareholders' equity)
|
13.1%
|
14.6%
|
20.4%
|
26.1%
|
-
|
16%
|
16.3%
|
17.7%
|
ROA (Net income/ Total Assets)
|
-
|
4.62%
|
5.46%
|
7.29%
|
-
|
4.8%
|
3.8%
|
3.4%
|
Assets
1 |
-
|
657.9
|
879.1
|
1,235
|
-
|
2,127
|
3,097
|
4,385
|
Book Value Per Share
2 |
1.550
|
1.780
|
1.980
|
2.760
|
-
|
4.790
|
5.620
|
7.430
|
Cash Flow per Share
2 |
0.1200
|
0.3800
|
0.7400
|
0.9200
|
-
|
1.370
|
1.750
|
2.640
|
Capex
1 |
99.7
|
134
|
195
|
332
|
-
|
375
|
488
|
491
|
Capex / Sales
|
288.71%
|
252.23%
|
205.38%
|
198.39%
|
-
|
143.59%
|
148.19%
|
118.7%
|
Announcement Date
|
27/02/20
|
08/02/21
|
28/02/22
|
28/02/23
|
28/02/24
|
-
|
-
|
-
|
Last Close Price
9.565
EUR Average target price
15.83
EUR Spread / Average Target +65.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -47.82% | 1.28B | | +13.14% | 34.31B | | +12.05% | 24.02B | | -29.12% | 14.05B | | -10.35% | 6.33B | | -2.05% | 4.82B | | -11.02% | 3.89B | | -13.54% | 3.83B | | +8.47% | 2.91B | | -.--% | 2.89B |
Renewable IPPs
|