Market Closed -
BOERSE MUENCHEN
15:44:24 2024-06-28 EDT
|
5-day change
|
1st Jan Change
|
330
EUR
|
+0.61%
|
|
-3.51%
|
-34.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,501
|
13,421
|
10,661
|
4,135
|
3,126
|
1,989
|
-
|
-
|
Enterprise Value (EV)
1 |
10,117
|
15,022
|
14,110
|
7,729
|
6,582
|
5,232
|
5,090
|
5,030
|
P/E ratio
|
47.8
x
|
43.5
x
|
37.9
x
|
18.7
x
|
12.3
x
|
9.48
x
|
9.5
x
|
14.5
x
|
Yield
|
0.57%
|
0.43%
|
0.6%
|
1.57%
|
2.08%
|
3.34%
|
3.38%
|
3.49%
|
Capitalization / Revenue
|
7.28
x
|
10.1
x
|
6.64
x
|
2.42
x
|
1.86
x
|
1.25
x
|
1.27
x
|
1.33
x
|
EV / Revenue
|
8.66
x
|
11.3
x
|
8.79
x
|
4.53
x
|
3.92
x
|
3.27
x
|
3.26
x
|
3.36
x
|
EV / EBITDA
|
17.8
x
|
22.3
x
|
16.8
x
|
8.48
x
|
7.18
x
|
6.13
x
|
6.08
x
|
6.51
x
|
EV / FCF
|
44.1
x
|
53.4
x
|
45.2
x
|
23.9
x
|
22.5
x
|
17.4
x
|
17
x
|
31.8
x
|
FCF Yield
|
2.27%
|
1.87%
|
2.21%
|
4.19%
|
4.44%
|
5.75%
|
5.87%
|
3.14%
|
Price to Book
|
10
x
|
8.98
x
|
5.92
x
|
2.39
x
|
1.67
x
|
0.96
x
|
0.9
x
|
0.86
x
|
Nbr of stocks (in thousands)
|
5,711
|
6,025
|
6,045
|
5,809
|
5,617
|
5,619
|
-
|
-
|
Reference price
2 |
1,488
|
2,228
|
1,763
|
711.9
|
556.6
|
354.0
|
354.0
|
354.0
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/24/22
|
2/23/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,168
|
1,325
|
1,606
|
1,706
|
1,678
|
1,598
|
1,560
|
1,499
|
EBITDA
1 |
569
|
674.1
|
839.3
|
911.9
|
916.9
|
853.7
|
836.9
|
772.4
|
EBIT
1 |
340
|
386.8
|
480.2
|
538.9
|
526.9
|
483.5
|
473.1
|
424.6
|
Operating Margin
|
29.11%
|
29.19%
|
29.91%
|
31.59%
|
31.4%
|
30.26%
|
30.32%
|
28.33%
|
Earnings before Tax (EBT)
1 |
233.8
|
379.3
|
337.1
|
375.4
|
411.4
|
319
|
311
|
213.3
|
Net income
1 |
178.6
|
304.4
|
291.8
|
234.1
|
267.4
|
229.8
|
225.9
|
147.2
|
Net margin
|
15.29%
|
22.97%
|
18.17%
|
13.72%
|
15.94%
|
14.39%
|
14.48%
|
9.82%
|
EPS
2 |
31.12
|
51.27
|
46.49
|
38.06
|
45.14
|
37.33
|
37.27
|
24.40
|
Free Cash Flow
1 |
229.4
|
281.1
|
312.4
|
323.9
|
292.1
|
300.6
|
298.8
|
158.2
|
FCF margin
|
19.64%
|
21.21%
|
19.45%
|
18.99%
|
17.41%
|
18.82%
|
19.15%
|
10.55%
|
FCF Conversion (EBITDA)
|
40.32%
|
41.7%
|
37.22%
|
35.53%
|
31.86%
|
35.22%
|
35.7%
|
20.48%
|
FCF Conversion (Net income)
|
128.45%
|
92.36%
|
107.05%
|
138.37%
|
109.24%
|
130.8%
|
132.27%
|
107.43%
|
Dividend per Share
2 |
8.500
|
9.500
|
10.50
|
11.20
|
11.60
|
11.82
|
11.97
|
12.35
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/24/22
|
2/23/23
|
2/22/24
|
-
|
-
|
-
|
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 |
432.6
|
426.7
|
429.1
|
424.7
|
425.5
|
421.9
|
424
|
420.3
|
411.8
|
404.3
|
401.6
|
398.2
|
396.4
|
395
|
395.2
|
EBITDA
1 |
225.3
|
226.5
|
227.5
|
224.6
|
233.2
|
228.8
|
231.3
|
230
|
226.9
|
217.1
|
214.3
|
213.3
|
215
|
211.9
|
213.3
|
EBIT
1 |
127.1
|
133.4
|
133.1
|
128
|
140.8
|
137.8
|
135
|
132.5
|
127.2
|
119.9
|
118.7
|
121.6
|
122.8
|
118.1
|
119.6
|
Operating Margin
|
29.37%
|
31.26%
|
31.02%
|
30.15%
|
33.09%
|
32.65%
|
31.85%
|
31.53%
|
30.89%
|
29.65%
|
29.57%
|
30.54%
|
30.96%
|
29.89%
|
30.26%
|
Earnings before Tax (EBT)
1 |
87.47
|
209.2
|
97.04
|
92.48
|
-23.36
|
96.24
|
89.71
|
68.61
|
156.8
|
76.96
|
76.25
|
80.38
|
82.49
|
78.91
|
80.94
|
Net income
1 |
64.84
|
171.5
|
69.24
|
70.61
|
-77.21
|
57.43
|
55.25
|
39.47
|
115.3
|
47.34
|
54.38
|
55.34
|
55.92
|
56.82
|
58.34
|
Net margin
|
14.99%
|
40.18%
|
16.14%
|
16.62%
|
-18.15%
|
13.61%
|
13.03%
|
9.39%
|
28%
|
11.71%
|
13.54%
|
13.9%
|
14.11%
|
14.39%
|
14.76%
|
EPS
2 |
10.54
|
26.85
|
11.11
|
11.53
|
-13.38
|
9.620
|
9.360
|
6.810
|
19.39
|
8.110
|
9.329
|
9.360
|
9.582
|
9.393
|
9.640
|
Dividend per Share
2 |
2.750
|
2.750
|
2.750
|
2.850
|
2.850
|
2.850
|
2.850
|
-
|
2.950
|
2.950
|
2.950
|
3.033
|
3.033
|
3.025
|
3.025
|
Announcement Date
|
2/24/22
|
5/5/22
|
8/4/22
|
11/3/22
|
2/23/23
|
5/4/23
|
8/3/23
|
11/2/23
|
2/22/24
|
5/2/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,616
|
1,600
|
3,450
|
3,593
|
3,456
|
3,243
|
3,101
|
3,041
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.84
x
|
2.374
x
|
4.11
x
|
3.941
x
|
3.769
x
|
3.798
x
|
3.705
x
|
3.937
x
|
Free Cash Flow
1 |
229
|
281
|
312
|
324
|
292
|
301
|
299
|
158
|
ROE (net income / shareholders' equity)
|
22.1%
|
26.1%
|
25%
|
13.7%
|
15.5%
|
12.9%
|
10.3%
|
7.8%
|
ROA (Net income/ Total Assets)
|
6.55%
|
7.97%
|
7.64%
|
3.52%
|
4.08%
|
4.06%
|
-
|
-
|
Assets
1 |
2,728
|
3,820
|
3,820
|
6,652
|
6,548
|
5,657
|
-
|
-
|
Book Value Per Share
2 |
148.0
|
248.0
|
298.0
|
298.0
|
333.0
|
368.0
|
393.0
|
413.0
|
Cash Flow per Share
2 |
85.70
|
-
|
-
|
-
|
-
|
99.70
|
89.80
|
80.50
|
Capex
1 |
262
|
293
|
392
|
414
|
371
|
320
|
315
|
331
|
Capex / Sales
|
22.46%
|
22.13%
|
24.41%
|
24.27%
|
22.11%
|
20.01%
|
20.19%
|
22.06%
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/24/22
|
2/23/23
|
2/22/24
|
-
|
-
|
-
|
Average target price
487.7
USD Spread / Average Target +37.76% Consensus |