Real-time Estimate
Tradegate
02:43:37 2024-06-17 EDT
|
5-day change
|
1st Jan Change
|
99.75
EUR
|
-1.09%
|
|
+5.18%
|
+53.78%
|
Fiscal Period: Maart |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,461,688
|
3,036,819
|
4,838,080
|
5,962,899
|
6,799,327
|
15,911,308
|
-
|
-
|
Enterprise Value (EV)
1 |
3,658,866
|
3,709,530
|
6,219,550
|
7,744,469
|
7,832,476
|
13,359,506
|
16,726,454
|
16,439,603
|
P/E ratio
|
15.6
x
|
34.6
x
|
9.64
x
|
10.2
x
|
10.6
x
|
21.9
x
|
25.7
x
|
21.7
x
|
Yield
|
2.51%
|
3.02%
|
2.1%
|
2.03%
|
2%
|
1.29%
|
1.08%
|
1.2%
|
Capitalization / Revenue
|
0.37
x
|
0.35
x
|
0.55
x
|
0.58
x
|
0.62
x
|
1.32
x
|
1.73
x
|
1.62
x
|
EV / Revenue
|
0.39
x
|
0.42
x
|
0.71
x
|
0.75
x
|
0.72
x
|
1.37
x
|
1.82
x
|
1.67
x
|
EV / EBITDA
|
3.26
x
|
3.39
x
|
6.3
x
|
6.06
x
|
6.15
x
|
11.1
x
|
12.9
x
|
11.4
x
|
EV / FCF
|
8.18
x
|
106
x
|
18.6
x
|
-24.3
x
|
8.01
x
|
16.2
x
|
31.4
x
|
29.3
x
|
FCF Yield
|
12.2%
|
0.95%
|
5.37%
|
-4.12%
|
12.5%
|
6.18%
|
3.19%
|
3.42%
|
Price to Book
|
1.06
x
|
0.96
x
|
1.37
x
|
1.37
x
|
1.38
x
|
2.26
x
|
2.73
x
|
2.52
x
|
Nbr of stocks (in thousands)
|
965,603
|
966,217
|
966,843
|
967,218
|
937,580
|
925,884
|
-
|
-
|
Reference price
2 |
3,585
|
3,143
|
5,004
|
6,165
|
7,252
|
17,185
|
17,185
|
17,185
|
Announcement Date
|
19-04-26
|
20-05-29
|
21-04-28
|
22-04-28
|
23-04-27
|
24-04-26
|
-
|
-
|
Fiscal Period: Maart |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
9,480,619
|
8,767,263
|
8,729,196
|
10,264,602
|
10,881,150
|
9,728,700
|
9,190,981
|
9,844,427
|
EBITDA
1 |
1,123,020
|
1,095,041
|
986,843
|
1,278,488
|
1,274,454
|
1,207,341
|
1,295,443
|
1,445,680
|
EBIT
1 |
754,976
|
661,883
|
495,180
|
738,236
|
748,144
|
755,800
|
878,471
|
1,031,273
|
Operating Margin
|
7.96%
|
7.55%
|
5.67%
|
7.19%
|
6.88%
|
7.77%
|
9.56%
|
10.48%
|
Earnings before Tax (EBT)
1 |
516,502
|
180,268
|
844,443
|
839,333
|
819,971
|
825,801
|
858,310
|
1,023,874
|
Net income
1 |
222,546
|
87,596
|
501,613
|
583,470
|
649,124
|
589,800
|
614,765
|
729,238
|
Net margin
|
2.35%
|
1%
|
5.75%
|
5.68%
|
5.97%
|
6.06%
|
6.69%
|
7.41%
|
EPS
2 |
230.5
|
90.71
|
519.3
|
603.8
|
684.6
|
634.0
|
667.4
|
792.5
|
Free Cash Flow
1 |
447,153
|
35,094
|
334,288
|
-318,923
|
978,108
|
825,069
|
533,039
|
561,516
|
FCF margin
|
4.72%
|
0.4%
|
3.83%
|
-3.11%
|
8.99%
|
8.48%
|
5.8%
|
5.7%
|
FCF Conversion (EBITDA)
|
39.82%
|
3.2%
|
33.87%
|
-
|
76.75%
|
68.34%
|
41.15%
|
38.84%
|
FCF Conversion (Net income)
|
200.93%
|
40.06%
|
66.64%
|
-
|
150.68%
|
139.89%
|
86.71%
|
77%
|
Dividend per Share
2 |
90.00
|
95.00
|
105.0
|
125.0
|
145.0
|
180.0
|
186.0
|
206.5
|
Announcement Date
|
19-04-26
|
20-05-29
|
21-04-28
|
22-04-28
|
23-04-27
|
24-04-26
|
-
|
-
|
Fiscal Period: Maart |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
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
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
---|
Net sales
1 |
4,220,000
|
4,547,263
|
3,760,057
|
4,969,139
|
2,465,228
|
4,832,665
|
2,514,000
|
2,917,937
|
5,431,937
|
2,569,816
|
2,846,963
|
5,416,779
|
2,692,017
|
2,772,354
|
5,464,371
|
2,322,488
|
2,637,581
|
4,960,069
|
2,258,085
|
2,510,500
|
4,768,700
|
1,978,831
|
2,260,810
|
-
|
2,289,118
|
2,702,986
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
311,691
|
-
|
299,663
|
396,195
|
-
|
-
|
352,600
|
-
|
306,100
|
340,980
|
-
|
251,903
|
320,500
|
-
|
303,734
|
331,121
|
-
|
230,064
|
292,714
|
-
|
320,176
|
505,035
|
-
|
EBIT
1 |
297,200
|
364,683
|
180,788
|
314,392
|
179,572
|
310,055
|
174,405
|
253,776
|
428,181
|
121,553
|
203,076
|
324,629
|
202,870
|
220,645
|
423,515
|
130,546
|
194,936
|
325,482
|
200,219
|
230,100
|
430,400
|
150,724
|
207,309
|
360,000
|
221,774
|
300,723
|
480,000
|
Operating Margin
|
7.04%
|
8.02%
|
4.81%
|
6.33%
|
7.28%
|
6.42%
|
6.94%
|
8.7%
|
7.88%
|
4.73%
|
7.13%
|
5.99%
|
7.54%
|
7.96%
|
7.75%
|
5.62%
|
7.39%
|
6.56%
|
8.87%
|
9.17%
|
9.03%
|
7.62%
|
9.17%
|
-
|
9.69%
|
11.13%
|
-
|
Earnings before Tax (EBT)
1 |
288,976
|
-
|
384,254
|
460,189
|
253,252
|
420,107
|
173,149
|
246,077
|
419,226
|
76,606
|
205,539
|
282,145
|
174,674
|
363,152
|
537,826
|
115,485
|
206,571
|
322,056
|
320,051
|
183,694
|
503,745
|
159,837
|
219,330
|
-
|
228,500
|
305,000
|
-
|
Net income
1 |
189,293
|
-
|
250,755
|
250,858
|
200,213
|
322,444
|
128,341
|
132,685
|
261,026
|
37,158
|
135,357
|
172,515
|
119,717
|
356,892
|
476,609
|
70,021
|
139,082
|
209,103
|
235,989
|
144,800
|
380,700
|
110,148
|
149,357
|
-
|
166,088
|
214,009
|
-
|
Net margin
|
4.49%
|
-
|
6.67%
|
5.05%
|
8.12%
|
6.67%
|
5.11%
|
4.55%
|
4.81%
|
1.45%
|
4.75%
|
3.18%
|
4.45%
|
12.87%
|
8.72%
|
3.01%
|
5.27%
|
4.22%
|
10.45%
|
5.77%
|
7.98%
|
5.57%
|
6.61%
|
-
|
7.26%
|
7.92%
|
-
|
EPS
2 |
196.0
|
-
|
259.6
|
259.7
|
207.2
|
333.7
|
132.8
|
137.3
|
270.1
|
38.53
|
141.5
|
180.0
|
127.0
|
377.6
|
-
|
74.79
|
149.4
|
224.1
|
254.1
|
155.8
|
409.9
|
119.2
|
162.4
|
266.3
|
178.7
|
237.3
|
409.8
|
Dividend per Share
2 |
45.00
|
-
|
50.00
|
55.00
|
60.00
|
60.00
|
-
|
65.00
|
65.00
|
-
|
70.00
|
70.00
|
-
|
-
|
75.00
|
-
|
80.00
|
80.00
|
-
|
100.0
|
100.0
|
-
|
85.00
|
90.00
|
-
|
82.50
|
95.00
|
Announcement Date
|
19-10-30
|
20-05-29
|
20-10-28
|
21-04-28
|
21-10-27
|
21-10-27
|
22-02-02
|
22-04-28
|
22-04-28
|
22-07-29
|
22-10-28
|
22-10-28
|
23-02-01
|
23-04-27
|
23-04-27
|
23-07-28
|
23-10-27
|
23-10-27
|
24-01-31
|
24-04-26
|
24-04-26
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: Maart |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
197,178
|
672,711
|
1,381,470
|
1,781,570
|
1,033,149
|
474,655
|
815,146
|
528,295
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.1756
x
|
0.6143
x
|
1.4
x
|
1.393
x
|
0.8107
x
|
0.3931
x
|
0.6292
x
|
0.3654
x
|
Free Cash Flow
1 |
447,153
|
35,094
|
334,288
|
-318,923
|
978,108
|
825,069
|
533,039
|
561,516
|
ROE (net income / shareholders' equity)
|
6.8%
|
2.7%
|
15%
|
14.8%
|
14%
|
11.1%
|
10.6%
|
12.1%
|
ROA (Net income/ Total Assets)
|
5.23%
|
1.84%
|
4.61%
|
6.52%
|
6.21%
|
6.68%
|
5.3%
|
5.94%
|
Assets
1 |
4,251,239
|
4,751,511
|
10,880,976
|
8,946,827
|
10,445,297
|
8,828,667
|
11,591,466
|
12,267,227
|
Book Value Per Share
2 |
3,379
|
3,270
|
3,646
|
4,489
|
5,272
|
6,155
|
6,286
|
6,821
|
Cash Flow per Share
2 |
632.0
|
539.0
|
1,028
|
1,163
|
1,240
|
1,120
|
1,162
|
1,306
|
Capex
1 |
382,351
|
322,894
|
254,750
|
296,968
|
252,638
|
232,874
|
345,500
|
321,857
|
Capex / Sales
|
4.03%
|
3.68%
|
2.92%
|
2.89%
|
2.32%
|
2.39%
|
3.76%
|
3.27%
|
Announcement Date
|
19-04-26
|
20-05-29
|
21-04-28
|
22-04-28
|
23-04-27
|
24-04-26
|
-
|
-
|
Last Close Price
17,185
JPY Average target price
16,573
JPY Spread / Average Target -3.56% Consensus |
1st Jan change
|
Capi.
|
---|
| +12.58% | 875B | | +2.00% | 243B | | +22.13% | 171B | | -0.56% | 136B | | -10.22% | 70.17B | | -7.70% | 55.83B | | +26.56% | 33.89B | | -35.00% | 33.27B | | +80.56% | 33B |
Consumer Goods Conglomerates
|