Financials TraWell Co S.p.A.

Equities

TWL

IT0005378325

Airport Services

Market Closed - Borsa Italiana Other stock markets 09:14:59 09/05/2024 pm IST			5-day change	1st Jan Change
7.82 ^EUR	+1.03%		-1.51%	-3.22%

02/05	Futures bullish; Mib restarts at 33,700 points	AN
30/04	Mib in the red; Stellantis gives up double digits	AN

Valuation

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Capitalization ¹	15.25	14.73	14.68	19.69	19.69	-
Enterprise Value (EV) ¹	15.25	24.26	22.15	20.33	21.19	20.19
P/E ratio	-	-28.3 x	-11.6 x	40.7 x	16.1 x	10.2 x
Yield	-	-	-	-	-	-
Capitalization / Revenue	0.9 x	0.74 x	0.56 x	0.67 x	0.6 x	0.56 x
EV / Revenue	0.9 x	1.21 x	0.84 x	0.67 x	0.64 x	0.58 x
EV / EBITDA	-	10.5 x	3.05 x	1.99 x	1.81 x	1.63 x
EV / FCF	-	31 x	5.21 x	4.32 x	2.33 x	2.27 x
FCF Yield	-	3.22%	19.2%	23.2%	42.9%	44.1%
Price to Book	-	1.85 x	2.13 x	2.98 x	2.5 x	1.98 x
Nbr of stocks (in thousands)	620	2,480	2,480	2,518	2,518	-
Reference price ²	24.60	5.940	5.920	7.740	7.740	7.740
Announcement Date	28/05/21	17/05/22	27/04/23	29/04/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	16.86	20.03	26.31	30.27	33.09	34.85
EBITDA ¹	-	2.304	7.258	10.2	11.69	12.37
EBIT ¹	-	1.033	3.146	6	6.75	7.19
Operating Margin	-	5.16%	11.95%	19.82%	20.4%	20.63%
Earnings before Tax (EBT) ¹	-	0.951	2.934	4.214	5.49	6.19
Net income ¹	-12.62	-0.5706	-1.267	1.14	1.22	1.91
Net margin	-74.85%	-2.85%	-4.81%	3.77%	3.69%	5.48%
EPS ²	-	-0.2100	-0.5100	0.1900	0.4800	0.7600
Free Cash Flow ¹	-	0.7822	4.249	5.6	9.1	8.9
FCF margin	-	3.91%	16.15%	18.08%	27.5%	25.54%
FCF Conversion (EBITDA)	-	33.95%	58.54%	52.83%	77.84%	71.95%
FCF Conversion (Net income)	-	-	-	1,142.86%	745.9%	465.97%
Dividend per Share	-	-	-	-	-	-
Announcement Date	28/05/21	17/05/22	27/04/23	29/04/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2023 S1	2023 S2
Net sales	-	-	-
EBITDA ¹	-	-	5.5
EBIT ¹	-	-	3.5
Operating Margin	-	-	-
Earnings before Tax (EBT)	-	-	-
Net income	0.4857	0.2629	-
Net margin	-	-	-
EPS	0.0800	0.0400	-
Dividend per Share	-	-	-
Announcement Date	30/09/22	28/09/23	29/04/24

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	9.53	7.47	4.5	1.5	0.5
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	4.135 x	1.029 x	0.4245 x	0.1283 x	0.0404 x
Free Cash Flow ¹	-	0.78	4.25	5.6	9.1	8.9
ROE (net income / shareholders' equity)	-	-7.85%	-17.1%	7.7%	17%	21.9%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	3.200	2.790	2.600	3.100	3.900
Cash Flow per Share	-	0.6000	-	-	-	-
Capex ¹	-	0.84	2.24	0.8	0.3	0.7
Capex / Sales	-	4.18%	8.5%	2.58%	0.91%	2.01%
Announcement Date	28/05/21	17/05/22	27/04/23	29/04/24	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for TraWell Co S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.74 EUR

Average target price

13.8 EUR

Spread / Average Target

+78.29%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Airport Services

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Other Airport Services