Delayed
Xetra
11:19:08 2021-10-05 EDT
|
5-day change
|
1st Jan Change
|
69.35
EUR
|
+1.31%
|
|
-7.31%
|
-12.91%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,065
|
4,224
|
3,746
|
1,879
|
1,980
|
1,489
|
-
|
-
|
Enterprise Value (EV)
1 |
3,505
|
4,704
|
4,374
|
2,571
|
2,682
|
2,130
|
2,044
|
1,965
|
P/E ratio
|
42.8
x
|
56.1
x
|
54.7
x
|
25.7
x
|
43.1
x
|
16
x
|
12.8
x
|
12.5
x
|
Yield
|
0.78%
|
0.64%
|
0.7%
|
1.39%
|
-
|
2.32%
|
2.58%
|
2.84%
|
Capitalization / Revenue
|
4.11
x
|
5.04
x
|
3.65
x
|
1.66
x
|
1.67
x
|
1.2
x
|
1.15
x
|
1.1
x
|
EV / Revenue
|
4.7
x
|
5.62
x
|
4.27
x
|
2.28
x
|
2.26
x
|
1.72
x
|
1.58
x
|
1.45
x
|
EV / EBITDA
|
19.7
x
|
22.5
x
|
20.5
x
|
11.9
x
|
11.7
x
|
7.79
x
|
6.71
x
|
6.25
x
|
EV / FCF
|
36.6
x
|
49.6
x
|
43.3
x
|
37.3
x
|
23.7
x
|
23.6
x
|
15.1
x
|
19.4
x
|
FCF Yield
|
2.73%
|
2.02%
|
2.31%
|
2.68%
|
4.21%
|
4.24%
|
6.6%
|
5.17%
|
Price to Book
|
11.9
x
|
6.62
x
|
6.08
x
|
2.79
x
|
2.96
x
|
2.08
x
|
1.92
x
|
1.75
x
|
Nbr of stocks (in thousands)
|
48,071
|
53,735
|
52,647
|
52,235
|
52,235
|
52,235
|
-
|
-
|
Reference price
2 |
63.75
|
78.60
|
71.15
|
35.98
|
37.90
|
28.50
|
28.50
|
28.50
|
Announcement Date
|
20-02-05
|
21-02-04
|
22-03-10
|
23-02-09
|
24-02-07
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
746
|
837.3
|
1,025
|
1,130
|
1,188
|
1,241
|
1,298
|
1,355
|
EBITDA
1 |
178
|
209
|
213.4
|
216.4
|
229.8
|
273.2
|
304.5
|
314.5
|
EBIT
1 |
115.6
|
133.6
|
102.7
|
104
|
114
|
158.7
|
188.9
|
201.2
|
Operating Margin
|
15.49%
|
15.95%
|
10.02%
|
9.21%
|
9.6%
|
12.79%
|
14.55%
|
14.85%
|
Earnings before Tax (EBT)
1 |
108.8
|
110.7
|
97.9
|
106.8
|
72.67
|
141.2
|
172.2
|
171.9
|
Net income
1 |
73.68
|
72.96
|
68.9
|
73.41
|
45.92
|
93.79
|
116.6
|
119.8
|
Net margin
|
9.88%
|
8.71%
|
6.72%
|
6.5%
|
3.87%
|
7.56%
|
8.98%
|
8.84%
|
EPS
2 |
1.490
|
1.400
|
1.300
|
1.400
|
0.8800
|
1.783
|
2.219
|
2.278
|
Free Cash Flow
1 |
95.81
|
94.86
|
101.1
|
68.97
|
113
|
90.32
|
135
|
101.5
|
FCF margin
|
12.84%
|
11.33%
|
9.86%
|
6.1%
|
9.51%
|
7.28%
|
10.4%
|
7.49%
|
FCF Conversion (EBITDA)
|
53.83%
|
45.39%
|
47.38%
|
31.88%
|
49.18%
|
33.06%
|
44.32%
|
32.27%
|
FCF Conversion (Net income)
|
130.03%
|
130.02%
|
146.75%
|
93.95%
|
246.1%
|
96.31%
|
115.75%
|
84.76%
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5000
|
0.5000
|
-
|
0.6611
|
0.7356
|
0.8100
|
Announcement Date
|
20-02-05
|
21-02-04
|
22-03-10
|
23-02-09
|
24-02-07
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
---|
Net sales
1 |
276.3
|
279.2
|
251.6
|
265
|
285.4
|
327.7
|
290.8
|
304.2
|
595
|
285.7
|
306.9
|
EBITDA
1 |
69.5
|
48.8
|
46.6
|
43.95
|
59.39
|
66.43
|
59.95
|
73.14
|
133.1
|
62.1
|
35.09
|
EBIT
1 |
42
|
16.9
|
19.4
|
17.81
|
31.1
|
35.75
|
32.38
|
51.52
|
-
|
31.6
|
-1.543
|
Operating Margin
|
15.2%
|
6.05%
|
7.71%
|
6.72%
|
10.9%
|
10.91%
|
11.13%
|
16.94%
|
-
|
11.06%
|
-0.5%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
18.19
|
43.36
|
-
|
20.88
|
-
|
-
|
-
|
-
|
Net income
1 |
28.4
|
12.4
|
18.2
|
12.07
|
29.34
|
13.8
|
14.38
|
31.49
|
-
|
16
|
-15.9
|
Net margin
|
10.28%
|
4.44%
|
7.23%
|
4.55%
|
10.28%
|
4.21%
|
4.94%
|
10.35%
|
-
|
5.6%
|
-5.18%
|
EPS
|
0.5100
|
0.2800
|
-
|
0.2300
|
0.5600
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
21-11-04
|
22-03-10
|
22-05-05
|
22-08-04
|
22-11-03
|
23-02-09
|
23-05-10
|
23-08-10
|
23-08-10
|
23-11-09
|
24-02-07
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
440
|
480
|
628
|
691
|
703
|
641
|
556
|
476
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.472
x
|
2.297
x
|
2.944
x
|
3.195
x
|
3.058
x
|
2.346
x
|
1.825
x
|
1.513
x
|
Free Cash Flow
1 |
95.8
|
94.9
|
101
|
69
|
113
|
90.3
|
135
|
102
|
ROE (net income / shareholders' equity)
|
28.3%
|
21.9%
|
16.5%
|
14.7%
|
16.1%
|
15.4%
|
16.4%
|
13.5%
|
ROA (Net income/ Total Assets)
|
7.69%
|
7.5%
|
6.15%
|
5.04%
|
5.6%
|
5.55%
|
6.14%
|
6.61%
|
Assets
1 |
958.2
|
972.8
|
1,120
|
1,457
|
820.3
|
1,691
|
1,898
|
1,812
|
Book Value Per Share
2 |
5.350
|
11.90
|
11.70
|
12.90
|
12.80
|
13.70
|
14.80
|
16.30
|
Cash Flow per Share
2 |
2.240
|
2.900
|
3.120
|
2.770
|
3.440
|
2.820
|
3.400
|
3.700
|
Capex
1 |
43.7
|
55.1
|
64.2
|
76.1
|
66.5
|
64.9
|
72.6
|
66.9
|
Capex / Sales
|
5.86%
|
6.58%
|
6.26%
|
6.73%
|
5.6%
|
5.23%
|
5.59%
|
4.94%
|
Announcement Date
|
20-02-05
|
21-02-04
|
22-03-10
|
23-02-09
|
24-02-07
|
-
|
-
|
-
|
Last Close Price
28.5
EUR Average target price
46.05
EUR Spread / Average Target +61.58% Consensus |
1st Jan change
|
Capi.
|
---|
| +11.17% | 322B | | +24.75% | 216B | | +2.41% | 149B | | +10.65% | 56.27B | | +8.71% | 32.13B | | -4.57% | 27.45B | | +103.03% | 22.62B | | +22.16% | 19.55B | | +13.06% | 14.69B |
Enterprise Software
|