Financials Lottomatica Group S.p.A.

Equities

LTMC

IT0005541336

Casinos & Gaming

Market Closed - Borsa Italiana 11:44:59 2024-06-26 EDT After market 13:35:37
11.26 EUR +1.08% Intraday chart for Lottomatica Group S.p.A. 11.27 +0.09%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 2,463 2,803 - -
Enterprise Value (EV) 1 3,712 4,633 4,400 4,098
P/E ratio 33.8 x 14.5 x 10 x 8.18 x
Yield 2.66% 2.84% 3.57% 4.2%
Capitalization / Revenue 1.49 x 1.41 x 1.26 x 1.15 x
EV / Revenue 2.25 x 2.32 x 1.98 x 1.69 x
EV / EBITDA 6.4 x 6.75 x 5.58 x 4.58 x
EV / FCF 13.1 x 18 x 12.3 x 9.39 x
FCF Yield 7.66% 5.54% 8.11% 10.6%
Price to Book 4.94 x 4.46 x 3.46 x 2.71 x
Nbr of stocks (in thousands) 251,630 251,630 - -
Reference price 2 9.790 11.14 11.14 11.14
Announcement Date 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 1,408 1,651 1,994 2,226 2,428
EBITDA 1 - 580.4 686 788.7 894.8
EBIT 1 - 386.2 522.2 624.8 717.3
Operating Margin - 23.39% 26.19% 28.07% 29.54%
Earnings before Tax (EBT) 1 - 137.6 287.3 382.8 500.3
Net income 1 73.04 68.3 186.3 258 329.8
Net margin 5.19% 4.14% 9.34% 11.59% 13.58%
EPS 2 - 0.2900 0.7704 1.109 1.362
Free Cash Flow 1 - 284.3 256.8 357 436.2
FCF margin - 17.22% 12.88% 16.04% 17.96%
FCF Conversion (EBITDA) - 48.99% 37.43% 45.27% 48.75%
FCF Conversion (Net income) - 416.23% 137.83% 138.37% 132.25%
Dividend per Share 2 - 0.2600 0.3164 0.3975 0.4680
Announcement Date 3/14/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 397.8 820.1 374.9 - 830.9 444 938.6 1,085 1,145 1,156
EBITDA 1 143 - 127.6 154 - 149.5 - - - -
EBIT 1 104.1 221.8 77.63 - 164.4 97.6 241.3 302.6 329.3 332.9
Operating Margin 26.16% 27.04% 20.71% - 19.78% 21.98% 25.71% 27.9% 28.76% 28.78%
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 -1.749 - 26.4 - - 28.61 - - - -
Net margin -0.44% - 7.04% - - 6.44% - - - -
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 7/28/23 7/28/23 10/31/23 2/29/24 2/29/24 4/30/24 - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt 1 - 1,249 1,830 1,597 1,294
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - 2.152 x 2.667 x 2.025 x 1.447 x
Free Cash Flow 1 - 284 257 357 436
ROE (net income / shareholders' equity) - 78.5% 40.3% 43.2% 40.5%
ROA (Net income/ Total Assets) - 7.15% 7.23% 9.17% 10.5%
Assets 1 - 955.2 2,578 2,815 3,156
Book Value Per Share 2 - 1.980 2.500 3.220 4.110
Cash Flow per Share 2 - 1.730 1.560 1.930 2.250
Capex 1 - 123 189 161 156
Capex / Sales - 7.46% 9.46% 7.25% 6.44%
Announcement Date 3/14/23 2/29/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
11.14 EUR
Average target price
14.36 EUR
Spread / Average Target
+28.95%
Consensus

Quarterly revenue - Rate of surprise

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