Real-time Estimate
Tradegate
13:40:31 2024-05-16 EDT
|
5-day change
|
1st Jan Change
|
39.15
EUR
|
+0.38%
|
|
+11.49%
|
+40.79%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,259
|
3,749
|
3,646
|
3,332
|
5,099
|
7,293
|
-
|
-
|
Enterprise Value (EV)
1 |
4,827
|
3,990
|
3,410
|
3,044
|
5,099
|
5,996
|
5,439
|
4,786
|
P/E ratio
|
12
x
|
7.17
x
|
6.73
x
|
7.31
x
|
5.27
x
|
8.4
x
|
8.03
x
|
7.74
x
|
Yield
|
0.67%
|
1.28%
|
2.11%
|
2.5%
|
-
|
1.79%
|
1.95%
|
1.98%
|
Capitalization / Revenue
|
1.32
x
|
1.16
x
|
1.06
x
|
0.83
x
|
1.18
x
|
1.68
x
|
1.64
x
|
1.59
x
|
EV / Revenue
|
1.5
x
|
1.24
x
|
0.99
x
|
0.76
x
|
1.18
x
|
1.38
x
|
1.22
x
|
1.04
x
|
EV / EBITDA
|
6.85
x
|
5.08
x
|
4.28
x
|
3.44
x
|
4.1
x
|
4.88
x
|
4.31
x
|
3.68
x
|
EV / FCF
|
14.8
x
|
10.9
x
|
9.04
x
|
23.8
x
|
-
|
9.06
x
|
8.06
x
|
6.35
x
|
FCF Yield
|
6.74%
|
9.17%
|
11.1%
|
4.2%
|
-
|
11%
|
12.4%
|
15.7%
|
Price to Book
|
1.26
x
|
1.11
x
|
0.84
x
|
0.68
x
|
-
|
1.17
x
|
1.04
x
|
0.94
x
|
Nbr of stocks (in thousands)
|
205,300
|
205,521
|
192,132
|
185,132
|
185,132
|
185,097
|
-
|
-
|
Reference price
2 |
22.45
|
19.50
|
18.98
|
18.00
|
27.54
|
39.40
|
39.40
|
39.40
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/25/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,221
|
3,222
|
3,446
|
3,996
|
4,318
|
4,354
|
4,450
|
4,595
|
EBITDA
1 |
704.4
|
785
|
795.9
|
883.7
|
1,243
|
1,229
|
1,262
|
1,301
|
EBIT
1 |
472.2
|
528.1
|
546.9
|
503.5
|
984.8
|
961.5
|
990.6
|
1,019
|
Operating Margin
|
14.66%
|
16.39%
|
15.87%
|
12.6%
|
22.81%
|
22.08%
|
22.26%
|
22.18%
|
Earnings before Tax (EBT)
1 |
482
|
700.3
|
635.3
|
589.3
|
1,141
|
1,131
|
1,172
|
1,220
|
Net income
1 |
385.7
|
560.2
|
541.9
|
458.8
|
966.5
|
868.6
|
901.9
|
919.1
|
Net margin
|
11.97%
|
17.39%
|
15.73%
|
11.48%
|
22.39%
|
19.95%
|
20.27%
|
20%
|
EPS
2 |
1.878
|
2.719
|
2.820
|
2.462
|
5.221
|
4.691
|
4.906
|
5.093
|
Free Cash Flow
1 |
325.5
|
365.9
|
377.3
|
128
|
-
|
662.2
|
675.1
|
753.7
|
FCF margin
|
10.1%
|
11.36%
|
10.95%
|
3.2%
|
-
|
15.21%
|
15.17%
|
16.4%
|
FCF Conversion (EBITDA)
|
46.2%
|
46.61%
|
47.41%
|
14.48%
|
-
|
53.88%
|
53.5%
|
57.93%
|
FCF Conversion (Net income)
|
84.39%
|
65.31%
|
69.63%
|
27.9%
|
-
|
76.24%
|
74.85%
|
82%
|
Dividend per Share
2 |
0.1500
|
0.2500
|
0.4000
|
0.4500
|
-
|
0.7044
|
0.7684
|
0.7795
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/25/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
---|
Net sales
1 |
1,703
|
1,520
|
1,702
|
1,609
|
903.9
|
1,837
|
800.1
|
1,080
|
1,880
|
1,124
|
2,116
|
1,194
|
2,150
|
1,153
|
1,015
|
2,168
|
EBITDA
|
428.1
|
313.9
|
471.1
|
352.5
|
-
|
443.4
|
-
|
-
|
365
|
-
|
518.6
|
-
|
575.3
|
-
|
-
|
667.9
|
EBIT
|
306.6
|
185.5
|
-
|
229.7
|
-
|
-
|
-
|
-
|
118.1
|
-
|
-
|
-
|
447.1
|
-
|
-
|
537.7
|
Operating Margin
|
18.01%
|
12.2%
|
-
|
14.28%
|
-
|
-
|
-
|
-
|
6.28%
|
-
|
-
|
-
|
20.8%
|
-
|
-
|
24.8%
|
Earnings before Tax (EBT)
|
311.2
|
279.4
|
-
|
262.1
|
-
|
-
|
-
|
-
|
119.8
|
-
|
-
|
-
|
552.9
|
-
|
-
|
588
|
Net income
|
251.1
|
216.5
|
-
|
209.6
|
-
|
-
|
-
|
-
|
88.64
|
-
|
-
|
-
|
431.1
|
-
|
-
|
535.4
|
Net margin
|
14.74%
|
14.24%
|
-
|
13.03%
|
-
|
-
|
-
|
-
|
4.72%
|
-
|
-
|
-
|
20.05%
|
-
|
-
|
24.7%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/25/20
|
8/4/20
|
3/25/21
|
8/3/21
|
3/25/22
|
3/25/22
|
5/12/22
|
8/5/22
|
8/5/22
|
11/8/22
|
3/29/23
|
8/3/23
|
8/3/23
|
11/10/23
|
3/28/24
|
3/28/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
568
|
242
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
236
|
288
|
-
|
1,297
|
1,854
|
2,507
|
Leverage (Debt/EBITDA)
|
0.8061
x
|
0.3078
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
325
|
366
|
377
|
128
|
-
|
662
|
675
|
754
|
ROE (net income / shareholders' equity)
|
11.3%
|
15.4%
|
13.6%
|
9.89%
|
-
|
14.7%
|
13.4%
|
12.6%
|
ROA (Net income/ Total Assets)
|
6.39%
|
8.76%
|
8.14%
|
6.36%
|
-
|
12.3%
|
11.5%
|
11.4%
|
Assets
1 |
6,038
|
6,395
|
6,654
|
7,213
|
-
|
7,048
|
7,842
|
8,059
|
Book Value Per Share
2 |
17.90
|
17.50
|
22.70
|
26.50
|
-
|
33.70
|
37.70
|
41.80
|
Cash Flow per Share
2 |
2.810
|
2.860
|
3.080
|
2.120
|
-
|
5.950
|
7.270
|
7.150
|
Capex
1 |
250
|
223
|
214
|
267
|
-
|
379
|
382
|
389
|
Capex / Sales
|
7.76%
|
6.92%
|
6.22%
|
6.68%
|
-
|
8.71%
|
8.59%
|
8.47%
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/25/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
39.4
EUR Average target price
41.96
EUR Spread / Average Target +6.49% Consensus |
1st Jan change
|
Capi.
|
---|
| +18.81% | 49.38B | | +16.96% | 16.64B | | -0.14% | 15.84B | | -10.36% | 11.17B | | +28.17% | 9.44B | | -3.59% | 7.8B | | -3.44% | 7.61B | | +105.28% | 7.24B | | +12.43% | 5.6B |
Cement & Concrete Manufacturing
|