TFF GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.3 EUR | -1.47% |
|
-2.89% | -10.24% |
| 03/06 | TFF Group: acquisition of 51% of the capital of the Petitrenaud group | CF |
| 31/05 | TFF Group acquired 51% stake in PETITRENAUD Group. | CI |
Valuation
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 869.4 | 607 | 633.1 | 641.7 | 895.4 | 873.7 | - | - |
| Enterprise Value (EV) 1 | 966.4 | 767.9 | 771.1 | 778.6 | 1,080 | 1,090 | 1,074 | 1,051 |
| P/E ratio | 28.2 x | 22.8 x | 31.7 x | 17.9 x | 16.9 x | 14.2 x | 13.3 x | 12.1 x |
| Yield | 0.87% | 1.25% | 1.2% | 1.35% | 0.97% | 1.33% | 1.41% | 1.54% |
| Capitalization / Revenue | 3.2 x | 2.17 x | 2.43 x | 2.12 x | 2.04 x | 1.8 x | 1.68 x | 1.59 x |
| EV / Revenue | 3.56 x | 2.75 x | 2.96 x | 2.57 x | 2.45 x | 2.24 x | 2.07 x | 1.92 x |
| EV / EBITDA | 18.1 x | 15 x | 16.1 x | 15.6 x | 11.6 x | 10.3 x | 9.36 x | 8.44 x |
| EV / FCF | -29.8 x | -14.1 x | 18.5 x | 46.9 x | -37 x | -101 x | 44.8 x | 28.8 x |
| FCF Yield | -3.35% | -7.08% | 5.4% | 2.13% | -2.7% | -0.99% | 2.23% | 3.47% |
| Price to Book | 2.54 x | 1.68 x | 1.72 x | 1.57 x | 2.02 x | 1.75 x | 1.58 x | 1.42 x |
| Nbr of stocks (in thousands) | 21,680 | 21,680 | 21,680 | 21,680 | 21,680 | 21,680 | - | - |
| Reference price 2 | 40.10 | 28.00 | 29.20 | 29.60 | 41.30 | 40.30 | 40.30 | 40.30 |
| Announcement Date | 09/07/19 | 13/07/20 | 12/07/21 | 13/07/22 | 12/07/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 271.7 | 279.7 | 260.9 | 302.6 | 439.8 | 485.8 | 519.2 | 548.4 |
| EBITDA 1 | 53.47 | 51.3 | 47.9 | 50.03 | 92.99 | 105.9 | 114.7 | 124.6 |
| EBIT 1 | 47.6 | 43.6 | 36.83 | 38.34 | 79.13 | 90.82 | 97.36 | 105.7 |
| Operating Margin | 17.52% | 15.59% | 14.12% | 12.67% | 17.99% | 18.69% | 18.75% | 19.27% |
| Earnings before Tax (EBT) 1 | 44.78 | 37.53 | 27.69 | 50.05 | 72.37 | 83.5 | 88.6 | 99.85 |
| Net income 1 | 30.8 | 26.8 | 20.04 | 35.86 | 52.82 | 60.98 | 64.82 | 73 |
| Net margin | 11.34% | 9.58% | 7.68% | 11.85% | 12.01% | 12.55% | 12.49% | 13.31% |
| EPS 2 | 1.420 | 1.230 | 0.9200 | 1.650 | 2.440 | 2.830 | 3.022 | 3.340 |
| Free Cash Flow 1 | -32.4 | -54.4 | 41.6 | 16.59 | -29.16 | -10.74 | 24 | 36.48 |
| FCF margin | -11.92% | -19.45% | 15.95% | 5.48% | -6.63% | -2.21% | 4.62% | 6.65% |
| FCF Conversion (EBITDA) | - | - | 86.85% | 33.15% | - | - | 20.92% | 29.27% |
| FCF Conversion (Net income) | - | - | 207.58% | 46.25% | - | - | 37.03% | 49.97% |
| Dividend per Share 2 | 0.3500 | 0.3500 | 0.3500 | 0.4000 | 0.4000 | 0.5375 | 0.5700 | 0.6200 |
| Announcement Date | 09/07/19 | 13/07/20 | 12/07/21 | 13/07/22 | 12/07/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2020 S1 | 2022 Q2 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|
| Net sales 1 | 156.6 | - | 264.3 | 105.2 |
| EBITDA | - | - | - | - |
| EBIT | 29.83 | - | - | - |
| Operating Margin | 19.05% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | 18.95 | 15.43 | 39.31 | - |
| Net margin | 12.1% | - | 14.88% | - |
| EPS | - | 0.7100 | - | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 08/01/20 | 20/01/22 | 09/01/24 | 12/03/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 97 | 161 | 138 | 137 | 184 | 216 | 200 | 178 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.814 x | 3.136 x | 2.881 x | 2.736 x | 1.98 x | 2.038 x | 1.746 x | 1.425 x |
| Free Cash Flow 1 | -32.4 | -54.4 | 41.6 | 16.6 | -29.2 | -10.7 | 24 | 36.5 |
| ROE (net income / shareholders' equity) | 9.39% | 7.58% | 5.5% | 9.24% | 12.4% | 12.6% | 12.3% | 12% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 15.80 | 16.60 | 17.00 | 18.80 | 20.40 | 23.00 | 25.50 | 28.30 |
| Cash Flow per Share 2 | 2.360 | 2.170 | 1.770 | 2.930 | 4.080 | 3.560 | 3.880 | 4.230 |
| Capex 1 | 37 | 44.4 | 8.2 | 13.4 | 27.4 | 48.2 | 39.4 | 29.1 |
| Capex / Sales | 13.62% | 15.87% | 3.14% | 4.41% | 6.24% | 9.92% | 7.59% | 5.31% |
| Announcement Date | 09/07/19 | 13/07/20 | 12/07/21 | 13/07/22 | 12/07/23 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
40.3
EUR
Average target price
53.48
EUR
Spread / Average Target
+32.70%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -10.24% | 94Cr | |
| -44.53% | 27Cr |
- Stock Market
- Equities
- TFF Stock
- Financials TFF Group
