Financials Eramet

Equities

Real-time Euronext Paris Other stock markets 09:19:46 2024-09-12 EDT			5-day change	1st Jan Change
60.95 ^EUR	-0.41%		-7.58%	-14.76%

09-09	Nerves of steel needed in the current environment
09-06	Eramet: down on analysts' comments	CF

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,671	3,553	3,668	5,014	3,251	3,809	4,270	4,131
Change	-	-3.21%	3.24%	36.7%	-35.16%	17.17%	12.09%	-3.26%
EBITDA ¹	630	398	1,051	1,553	347	906.2	1,173	1,106
Change	-	-36.83%	164.07%	47.76%	-77.66%	161.16%	29.43%	-5.68%
EBIT ¹	223	106	784	1,280	127	640.8	781.9	684.7
Change	-	-52.47%	639.62%	63.27%	-90.08%	404.54%	22.03%	-12.43%
Interest Paid ¹	-134	-186	-162	-89	-2	-156.4	-138.3	-126.1
Earnings before Tax (EBT) ¹	82	-555	889	1,194	100	767.2	965.7	923
Change	-	-	-	34.31%	-91.62%	667.17%	25.87%	-4.42%
Net income ¹	-184	-675	298	740	109	426.9	496.7	529.4
Change	-	266.85%	-	148.32%	-85.27%	291.62%	16.35%	6.6%
Announcement Date	2/19/20	2/16/21	2/23/22	2/22/23	2/21/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q4	2021 Q2	2023 Q1
Net sales ¹	946	771	916	1,016	940.5	775
Change	-	-18.5%	18.81%	10.92%	-7.43%	-17.6%
EBITDA	-	-	-	-	-	-
Change	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Change	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-
Change	-	-	-	-	-	-
Net income	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	2/19/20	4/29/20	7/29/20	2/16/21	7/28/21	4/27/23

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	1,687	1,866	1,878	1,790	2,635	2,379	1,604	1,647	1,452	1,990
Change	-	10.61%	0.64%	-4.69%	47.21%	-9.72%	-32.58%	2.68%	-11.84%	37.05%
EBITDA ¹	120	278	293	758	982	571	339	-	247	706
Change	-	131.67%	5.4%	158.7%	29.55%	-41.85%	-40.63%	-100%	-	185.83%
EBIT ¹	-32	137	159	625	853	427	-	-	-	401
Change	-	-	16.06%	293.08%	36.48%	-49.94%	-100%	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-
Net income ¹	-623	-52	53	-	677	-	-	-	-41	260
Change	-	-91.65%	-	-100%	-	-100%	-	-	-	-
Announcement Date	7/29/20	2/16/21	7/28/21	2/23/22	7/27/22	2/22/23	7/26/23	2/21/24	7/25/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,304	1,333	936	344	614	534	478	325
Change	-	2.22%	-29.78%	-63.25%	78.49%	-13.03%	-10.49%	-32.01%
Announcement Date	2/19/20	2/16/21	2/23/22	2/22/23	2/21/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	423	360	312	530	920	721.8	679.3	603.7
Change	-	-14.89%	-13.33%	69.87%	73.58%	-21.54%	-5.89%	-11.13%
Free Cash Flow (FCF) ¹	-337	-51	401	586	-465	-149.4	127.6	388.2
Change	-	-84.87%	-886.27%	46.13%	-179.35%	-67.88%	-185.4%	204.39%
Announcement Date	2/19/20	2/16/21	2/23/22	2/22/23	2/21/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	17.16%	11.2%	28.65%	30.97%	10.67%	23.79%	27.47%	26.78%
EBIT Margin (%)	6.07%	2.98%	21.37%	25.53%	3.91%	16.82%	18.31%	16.58%
EBT Margin (%)	2.23%	-15.62%	24.24%	23.81%	3.08%	20.14%	22.62%	22.35%
Net margin (%)	-5.01%	-19%	8.12%	14.76%	3.35%	11.21%	11.63%	12.82%
FCF margin (%)	-9.18%	-1.44%	10.93%	11.69%	-14.3%	-3.92%	2.99%	9.4%
FCF / Net Income (%)	183.15%	7.56%	134.56%	79.19%	-426.61%	-34.99%	25.68%	73.33%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	-4.39%	-62.44%	25.99%	50.96%	6.45%	19.49%	17.37%	19.67%
Financial Health
Leverage (Debt/EBITDA)	2.07x	3.35x	0.89x	0.22x	1.77x	0.59x	0.41x	0.29x
Debt / Free cash flow	-3.87x	-26.14x	2.33x	0.59x	-1.32x	-3.58x	3.75x	0.84x
Capital Intensity
CAPEX / Current Assets (%)	11.52%	10.13%	8.51%	10.57%	28.3%	18.95%	15.91%	14.61%
CAPEX / EBITDA (%)	67.14%	90.45%	29.69%	34.13%	265.13%	79.65%	57.92%	54.57%
CAPEX / FCF (%)	-125.52%	-705.88%	77.81%	90.44%	-197.85%	-483.33%	532.58%	155.49%
Items per share
Cash flow per share ¹	3.242	11.66	24.93	38.92	8.327	21.3	25.36	36.81
Change	-	259.79%	113.76%	56.13%	-78.61%	155.85%	19.02%	45.16%
Dividend per Share ¹	-	-	2.5	3.5	1.5	2.412	4.345	6.453
Change	-	-	-	40%	-57.14%	60.83%	80.1%	48.52%
Book Value Per Share ¹	52.7	28.86	38.1	61.34	55.28	72.31	82.02	96.25
Change	-	-45.23%	32.02%	60.96%	-9.87%	30.8%	13.43%	17.34%
EPS ¹	-6.93	-25.46	10.42	25.81	3.79	11.96	17.44	18.5
Change	-	267.39%	-140.93%	147.7%	-85.32%	215.7%	45.78%	6.03%
Nbr of stocks (in thousands)	26,541	26,459	28,683	26,558	28,542	28,493	28,493	28,493
Announcement Date	2/19/20	2/16/21	2/23/22	2/22/23	2/21/24	-	-	-