Financials Comer Industries S.p.A.

Equities

COM

IT0005246191

Industrial Machinery & Equipment

Real-time Borsa Italiana 07:57:42 2024-06-27 EDT 5-day change 1st Jan Change
33.6 EUR +0.90% Intraday chart for Comer Industries S.p.A. +1.51% +14.68%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 246.5 240.8 624.5 825.9 840.3 954.3 - -
Enterprise Value (EV) 1 275.6 240.8 802 974.8 935.1 979.3 900.7 821
P/E ratio 13.3 x 11 x - 9.11 x 8.93 x 12.2 x 9.99 x 8.65 x
Yield 2.9% - 1.63% 2.6% 4.27% 3.25% 4.03% 4.47%
Capitalization / Revenue 0.61 x - 1.04 x 0.67 x 0.69 x 0.88 x 0.82 x 0.78 x
EV / Revenue 0.68 x - 1.34 x 0.79 x 0.76 x 0.91 x 0.77 x 0.67 x
EV / EBITDA 6.03 x - 10.6 x 5.42 x 4.56 x 5.54 x 4.58 x 3.91 x
EV / FCF 17.1 x - - 16.2 x 5.74 x 9.13 x 8.09 x 6.93 x
FCF Yield 5.86% - - 6.16% 17.4% 11% 12.4% 14.4%
Price to Book - - 2.54 x 1.86 x - 1.73 x 1.56 x 1.41 x
Nbr of stocks (in thousands) 20,409 20,409 20,409 28,678 28,678 28,659 - -
Reference price 2 12.08 11.80 30.60 28.80 29.30 33.30 33.30 33.30
Announcement Date 20-03-22 21-03-23 22-03-29 23-03-22 24-03-10 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 404.6 - 598.1 1,238 1,224 1,082 1,163 1,230
EBITDA 1 45.7 - 75.4 180 205 176.8 196.8 209.8
EBIT 1 27.83 - 56.8 142.8 164.6 130.6 150.1 163.5
Operating Margin 6.88% - 9.5% 11.54% 13.45% 12.07% 12.91% 13.29%
Earnings before Tax (EBT) 1 25.64 - 54.8 124.9 129.2 106.9 127.7 143.7
Net income 1 18.5 21.76 39.4 90.7 94.04 77.1 92.1 103.4
Net margin 4.57% - 6.59% 7.33% 7.68% 7.13% 7.92% 8.41%
EPS 2 0.9100 1.070 - 3.160 3.280 2.720 3.335 3.850
Free Cash Flow 1 16.15 - - 60.01 162.9 107.3 111.3 118.4
FCF margin 3.99% - - 4.85% 13.31% 9.92% 9.57% 9.63%
FCF Conversion (EBITDA) 35.33% - - 33.34% 79.44% 60.7% 56.53% 56.45%
FCF Conversion (Net income) 87.28% - - 66.17% 173.19% 139.17% 120.81% 114.5%
Dividend per Share 2 0.3500 - 0.5000 0.7500 1.250 1.083 1.343 1.490
Announcement Date 20-03-22 21-03-23 22-03-29 23-03-22 24-03-10 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2022 S1
Net sales 290 -
EBITDA 40.4 -
EBIT 31.29 -
Operating Margin 10.79% -
Earnings before Tax (EBT) 31.25 -
Net income 1 22.58 48,070
Net margin 7.79% -
EPS 2 - 1.680
Dividend per Share - -
Announcement Date 21-08-04 22-08-04
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 29.1 - 178 149 94.8 24.9 - -
Net Cash position 1 - - - - - - 53.7 133
Leverage (Debt/EBITDA) 0.6368 x - 2.354 x 0.8272 x 0.4624 x 0.1411 x - -
Free Cash Flow 1 16.1 - - 60 163 107 111 118
ROE (net income / shareholders' equity) 17% - 16.1% 20.4% 19.8% 16.3% 17.5% 17.7%
ROA (Net income/ Total Assets) 6.73% - - - - - - -
Assets 1 275 - - - - - - -
Book Value Per Share 2 - - 12.10 15.50 - 19.20 21.40 23.60
Cash Flow per Share 2 - - 2.530 3.280 - 4.560 5.310 5.890
Capex 1 16.4 - 18 30.7 42.3 35.1 37.9 39.6
Capex / Sales 4.07% - 3.01% 2.48% 3.45% 3.24% 3.26% 3.22%
Announcement Date 20-03-22 21-03-23 22-03-29 23-03-22 24-03-10 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
33.3 EUR
Average target price
41 EUR
Spread / Average Target
+23.12%
Consensus

Quarterly revenue - Rate of surprise

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