Financials AB Ignitis grupe Deutsche Boerse AG

Equities

IGV

US66981G2075

Electric Utilities

Delayed Deutsche Boerse AG 02:59:01 2024-05-20 EDT 5-day change 1st Jan Change
17.1 EUR 0.00% Intraday chart for AB Ignitis grupe 0.00% -14.07%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,549 1,560 1,377 1,364 1,315 - -
Enterprise Value (EV) 1 2,194 2,517 2,364 2,681 3,117 3,324 3,692
P/E ratio 7.24 x 10.1 x 4.71 x 4.26 x 6.46 x 6.08 x 6.9 x
Yield 5.47% 5.67% 6.52% 6.85% 7.36% 7.58% 7.8%
Capitalization / Revenue 1.27 x 0.83 x 0.31 x 0.54 x 0.48 x 0.49 x 0.62 x
EV / Revenue 1.79 x 1.33 x 0.54 x 1.05 x 1.14 x 1.23 x 1.73 x
EV / EBITDA 7.52 x 6.43 x 5.04 x 5.53 x 6.65 x 6.56 x 7.11 x
EV / FCF -105 x -8.52 x 19 x -70.9 x -7.72 x -93.2 x -57.7 x
FCF Yield -0.95% -11.7% 5.27% -1.41% -13% -1.07% -1.73%
Price to Book 0.67 x 0.84 x 0.65 x 0.6 x 0.55 x 0.52 x -
Nbr of stocks (in thousands) 74,284 74,284 72,389 72,389 72,389 - -
Reference price 2 20.85 21.00 19.02 18.84 18.02 18.02 18.02
Announcement Date 2/26/21 2/28/22 2/28/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,223 1,890 4,387 2,549 2,725 2,695 2,136
EBITDA 1 291.6 391.5 469.3 484.7 468.9 506.5 518.9
EBIT 1 168.9 184.6 317.4 329.5 286 301.9 298.1
Operating Margin 13.81% 9.76% 7.24% 12.93% 10.5% 11.2% 13.96%
Earnings before Tax (EBT) 1 194.7 168.5 337.3 353.9 240 251.9 236.2
Net income 1 169.8 153.9 293.4 320.2 205.2 216 206.4
Net margin 13.88% 8.14% 6.69% 12.56% 7.53% 8.01% 9.66%
EPS 2 2.880 2.070 4.040 4.420 2.790 2.963 2.610
Free Cash Flow 1 -20.9 -295.6 124.5 -37.8 -404 -35.67 -64
FCF margin -1.71% -15.64% 2.84% -1.48% -14.83% -1.32% -3%
FCF Conversion (EBITDA) - - 26.53% - - - -
FCF Conversion (Net income) - - 42.43% - - - -
Dividend per Share 2 1.140 1.190 1.240 1.290 1.326 1.366 1.405
Announcement Date 2/26/21 2/28/22 2/28/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 725 - - - - - - - - 653.5 406 393 559 - -
EBITDA 1 111.1 111.4 - 150.7 112.1 149.9 103.6 91.8 139.4 181.7 102 89 135 - -
EBIT 1 22.02 - - - - - - - - 147.5 54 40 83 - -
Operating Margin 3.04% - - - - - - - - 22.57% 13.3% 10.18% 14.85% - -
Earnings before Tax (EBT) 1 - - - - - - - - - 139.3 45 30 72 - -
Net income 1 41.46 - 68 70.1 108.5 - - 56.8 107.6 118.7 38 25 61 - -
Net margin 5.72% - - - - - - - - 18.16% 9.36% 6.36% 10.91% - -
EPS 2 0.5600 - 0.9400 0.9700 1.500 - - 0.7800 1.490 1.640 0.5300 0.3500 0.8500 - -
Dividend per Share 2 0.6010 - 0.6240 - 0.6160 - 0.6430 - 0.6430 - 0.3310 - 0.9927 - -
Announcement Date 2/28/22 5/23/22 8/23/22 11/22/22 2/28/23 5/22/23 8/22/23 11/21/23 2/28/24 5/15/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 645 957 987 1,318 1,803 2,010 2,377
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 2.213 x 2.445 x 2.103 x 2.718 x 3.844 x 3.968 x 4.581 x
Free Cash Flow 1 -20.9 -296 125 -37.8 -404 -35.7 -64
ROE (net income / shareholders' equity) 8.07% 8.9% 12.9% 13.1% 8.78% 8.82% 8.08%
ROA (Net income/ Total Assets) 3.54% 3.99% 5.37% 5.45% 3.63% 3.54% 3.61%
Assets 1 4,803 3,856 5,461 5,874 5,658 6,104 5,713
Book Value Per Share 2 31.20 24.90 29.30 31.30 33.00 34.70 -
Cash Flow per Share 4.780 1.310 - - - - -
Capex 1 303 238 439 839 907 531 533
Capex / Sales 24.8% 12.58% 10.02% 32.9% 33.27% 19.72% 24.97%
Announcement Date 2/26/21 2/28/22 2/28/23 2/28/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
18.02 EUR
Average target price
27.87 EUR
Spread / Average Target
+54.64%
Consensus
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