End-of-day quote
Bulgaria S.E.
18:00:00 2024-05-30 EDT
|
5-day change
|
1st Jan Change
|
52.52
EUR
|
+0.05%
|
|
+2.94%
|
-3.99%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,001
|
4,560
|
5,468
|
3,515
|
5,059
|
4,906
|
-
|
-
|
Enterprise Value (EV)
1 |
11,516
|
10,443
|
12,739
|
11,856
|
14,403
|
13,139
|
13,611
|
13,459
|
P/E ratio
|
16.7
x
|
-6.93
x
|
66.5
x
|
26.6
x
|
12.9
x
|
11
x
|
9.97
x
|
9.73
x
|
Yield
|
2.64%
|
-
|
-
|
-
|
-
|
-
|
2.31%
|
3.6%
|
Capitalization / Revenue
|
1.89
x
|
2.72
x
|
2.55
x
|
1.1
x
|
1.26
x
|
1.15
x
|
1.14
x
|
1.11
x
|
EV / Revenue
|
3.11
x
|
6.23
x
|
5.94
x
|
3.71
x
|
3.6
x
|
3.07
x
|
3.16
x
|
3.05
x
|
EV / EBITDA
|
9.76
x
|
-41.7
x
|
16.8
x
|
11.5
x
|
12
x
|
9.77
x
|
9.29
x
|
8.67
x
|
EV / FCF
|
-27
x
|
-7.56
x
|
-16.5
x
|
-32.4
x
|
-21.6
x
|
-24.9
x
|
216
x
|
35.5
x
|
FCF Yield
|
-3.71%
|
-13.2%
|
-6.05%
|
-3.09%
|
-4.63%
|
-4.02%
|
0.46%
|
2.82%
|
Price to Book
|
1.58
x
|
1.24
x
|
1.46
x
|
0.9
x
|
1.17
x
|
0.99
x
|
0.91
x
|
0.84
x
|
Nbr of stocks (in thousands)
|
92,391
|
92,391
|
92,391
|
92,391
|
92,391
|
92,391
|
-
|
-
|
Reference price
2 |
75.78
|
49.36
|
59.18
|
38.05
|
54.76
|
53.10
|
53.10
|
53.10
|
Announcement Date
|
20-03-13
|
21-03-16
|
22-03-15
|
23-03-14
|
24-03-19
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,706
|
1,677
|
2,143
|
3,194
|
4,000
|
4,282
|
4,304
|
4,410
|
EBITDA
1 |
1,180
|
-250.6
|
757
|
1,030
|
1,204
|
1,345
|
1,465
|
1,553
|
EBIT
1 |
705
|
-708.1
|
313.7
|
564.5
|
702.8
|
819.8
|
923.4
|
937.9
|
Operating Margin
|
19.02%
|
-42.22%
|
14.64%
|
17.67%
|
17.57%
|
19.15%
|
21.45%
|
21.27%
|
Earnings before Tax (EBT)
1 |
590
|
-933.2
|
116.4
|
233.9
|
553.9
|
650.8
|
713
|
717.5
|
Net income
1 |
420.7
|
-657.6
|
82.8
|
132.4
|
393.2
|
446.8
|
490.6
|
499.9
|
Net margin
|
11.35%
|
-39.21%
|
3.86%
|
4.14%
|
9.83%
|
10.43%
|
11.4%
|
11.33%
|
EPS
2 |
4.540
|
-7.120
|
0.8900
|
1.430
|
4.260
|
4.836
|
5.327
|
5.457
|
Free Cash Flow
1 |
-426.9
|
-1,381
|
-770.4
|
-366.1
|
-667
|
-528.5
|
62.9
|
378.9
|
FCF margin
|
-11.52%
|
-82.36%
|
-35.94%
|
-11.46%
|
-16.67%
|
-12.34%
|
1.46%
|
8.59%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
4.29%
|
24.4%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
12.82%
|
75.8%
|
Dividend per Share
2 |
2.000
|
-
|
-
|
-
|
-
|
-
|
1.226
|
1.912
|
Announcement Date
|
20-03-13
|
21-03-16
|
22-03-15
|
23-03-14
|
24-03-19
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,192
|
910.6
|
766.4
|
810.9
|
698.6
|
1,332
|
539.6
|
808.9
|
1,348
|
1,019
|
826.6
|
1,846
|
765.6
|
1,039
|
1,804
|
1,220
|
976.5
|
2,196
|
890.2
|
1,157
|
1,881
|
1,340
|
1,040
|
2,153
|
797.8
|
1,061
|
EBITDA
1 |
-
|
22.6
|
-
|
335.3
|
133.1
|
-
|
70.7
|
283.9
|
354.6
|
420.3
|
201.2
|
-
|
158.3
|
323.1
|
481.4
|
478.1
|
244.5
|
-
|
212.6
|
361
|
-
|
462.5
|
277.3
|
-
|
200.4
|
381.5
|
EBIT
1 |
-
|
-210.2
|
-
|
116.1
|
21.5
|
-
|
-41.3
|
169.5
|
128.2
|
296.1
|
86.5
|
-
|
41.9
|
204
|
245.9
|
355.1
|
101.8
|
-
|
82.9
|
234.7
|
-
|
317.2
|
140.8
|
-
|
66.34
|
245.1
|
Operating Margin
|
-
|
-23.08%
|
-
|
14.32%
|
3.08%
|
-
|
-7.65%
|
20.95%
|
9.51%
|
29.05%
|
10.46%
|
-
|
5.47%
|
19.64%
|
13.63%
|
29.11%
|
10.42%
|
-
|
9.31%
|
20.28%
|
-
|
23.67%
|
13.54%
|
-
|
8.32%
|
23.1%
|
Earnings before Tax (EBT)
1 |
-
|
-308.9
|
-
|
19.9
|
-36.2
|
-
|
-144.3
|
35.4
|
-108.9
|
286.9
|
55.9
|
-
|
-42.8
|
154.5
|
111.7
|
357.3
|
84.9
|
-
|
17
|
203.3
|
-
|
354.2
|
90.9
|
-
|
-30.61
|
187.7
|
Net income
1 |
-
|
-211.3
|
-
|
20.4
|
-14.2
|
-
|
-108.1
|
59.2
|
-48.9
|
114.7
|
66.6
|
-
|
-21.6
|
102.3
|
80.7
|
235.7
|
76.8
|
-
|
16.3
|
122.1
|
-
|
183.2
|
92.32
|
-
|
-22.85
|
124.3
|
Net margin
|
-
|
-23.2%
|
-
|
2.52%
|
-2.03%
|
-
|
-20.03%
|
7.32%
|
-3.63%
|
11.25%
|
8.06%
|
-
|
-2.82%
|
9.85%
|
4.47%
|
19.32%
|
7.86%
|
-
|
1.83%
|
10.55%
|
-
|
13.67%
|
8.88%
|
-
|
-2.86%
|
11.72%
|
EPS
2 |
-
|
-
|
-
|
-
|
-0.1600
|
-
|
-1.170
|
0.6400
|
-
|
1.240
|
0.7200
|
-
|
-0.2300
|
1.110
|
0.8700
|
2.550
|
0.8400
|
-
|
0.1800
|
1.322
|
-
|
1.983
|
0.9993
|
-
|
-0.2469
|
1.344
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20-03-13
|
20-08-04
|
21-03-16
|
21-08-03
|
22-03-15
|
22-03-15
|
22-05-10
|
22-08-09
|
22-08-09
|
22-11-08
|
23-03-14
|
23-03-14
|
23-05-04
|
23-08-08
|
23-08-08
|
23-11-07
|
24-03-19
|
24-03-19
|
24-05-14
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,514
|
5,883
|
7,271
|
8,340
|
9,343
|
8,233
|
8,705
|
8,553
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.825
x
|
-23.47
x
|
9.605
x
|
8.099
x
|
7.76
x
|
6.121
x
|
5.944
x
|
5.508
x
|
Free Cash Flow
1 |
-427
|
-1,381
|
-770
|
-366
|
-667
|
-529
|
62.9
|
379
|
ROE (net income / shareholders' equity)
|
9.76%
|
-16.2%
|
2.25%
|
3.46%
|
9.56%
|
9.81%
|
10%
|
9.31%
|
ROA (Net income/ Total Assets)
|
3.49%
|
-4.64%
|
0.55%
|
0.78%
|
2.15%
|
2.35%
|
2.5%
|
2.64%
|
Assets
1 |
12,038
|
14,168
|
15,165
|
16,924
|
18,249
|
19,029
|
19,632
|
18,931
|
Book Value Per Share
2 |
48.10
|
39.80
|
40.60
|
42.30
|
46.70
|
53.70
|
58.20
|
63.10
|
Cash Flow per Share
2 |
10.30
|
-2.550
|
4.220
|
8.510
|
9.340
|
8.240
|
9.940
|
10.60
|
Capex
1 |
755
|
837
|
872
|
1,153
|
1,530
|
1,548
|
1,034
|
754
|
Capex / Sales
|
20.38%
|
49.93%
|
40.68%
|
36.11%
|
38.25%
|
36.16%
|
24.02%
|
17.1%
|
Announcement Date
|
20-03-13
|
21-03-16
|
22-03-15
|
23-03-14
|
24-03-19
|
-
|
-
|
-
|
Last Close Price
53.1
EUR Average target price
59.53
EUR Spread / Average Target +12.10% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.37% | 5.42B | | -3.34% | 4.48B | | -3.65% | 3.92B | | +3.68% | 3.31B | | -11.17% | 3.27B | | -.--% | 2.69B | | +9.90% | 2.22B | | +6.84% | 1.95B | | +15.72% | 1.55B |
Airport Operators
|