Financials Man Group Plc Deutsche Boerse AG

Equities

M3N

JE00BJ1DLW90

Investment Management & Fund Operators

Real-time Estimate Tradegate 05:35:44 2024-06-26 EDT 5-day change 1st Jan Change
2.92 EUR 0.00% Intraday chart for Man Group Plc -0.68% +9.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,124 2,693 4,192 3,203 3,476 3,596 - -
Enterprise Value (EV) 1 3,150 2,342 4,055 2,999 3,340 3,196 3,027 3,056
P/E ratio 11.4 x 20.3 x 9.1 x 5.64 x 15.3 x 8.03 x 7.47 x 6.4 x
Yield 4.68% 5.62% 4.55% 6.07% 3.61% 5.6% 6.09% 6.67%
Capitalization / Revenue - 2.87 x 2.82 x 1.89 x 2.91 x 2.2 x 2.13 x 1.95 x
EV / Revenue - 2.49 x 2.73 x 1.77 x 2.79 x 1.96 x 1.79 x 1.66 x
EV / EBITDA 6.21 x 6.08 x 5.79 x 3.66 x 8.17 x 4.79 x 4.32 x 3.92 x
EV / FCF 7.34 x 6.47 x 9.32 x 4.33 x 11 x 5.69 x 7.34 x 7.36 x
FCF Yield 13.6% 15.5% 10.7% 23.1% 9.1% 17.6% 13.6% 13.6%
Price to Book 1.92 x 1.86 x 2.68 x 1.88 x 2.14 x 1.94 x 1.69 x 1.45 x
Nbr of stocks (in thousands) 1,491,008 1,427,038 1,362,567 1,239,340 1,173,883 1,160,163 - -
Reference price 2 2.095 1.887 3.076 2.585 2.961 3.100 3.100 3.100
Announcement Date 20-02-28 21-03-02 22-03-01 23-02-28 24-02-29 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 939 1,486 1,696 1,196 1,633 1,688 1,841
EBITDA 1 507 385 700 820 409 667.5 700.1 779.4
EBIT 1 - 296 671 790 361 623.8 659.1 741.3
Operating Margin - 31.52% 45.15% 46.58% 30.18% 38.2% 39.05% 40.26%
Earnings before Tax (EBT) 1 - 179 590 745 279 601.6 625 682
Net income 1 - 138 487 608 234 452.9 465.2 505.4
Net margin - 14.7% 32.77% 35.85% 19.57% 27.74% 27.56% 27.45%
EPS 2 0.1840 0.0930 0.3380 0.4580 0.1940 0.3860 0.4147 0.4842
Free Cash Flow 1 429 362 435 692 304 562.1 412.2 415.5
FCF margin - 38.55% 29.27% 40.8% 25.42% 34.42% 24.42% 22.57%
FCF Conversion (EBITDA) 84.62% 94.03% 62.14% 84.39% 74.33% 84.21% 58.87% 53.31%
FCF Conversion (Net income) - 262.32% 89.32% 113.82% 129.91% 124.11% 88.61% 82.21%
Dividend per Share 2 0.0980 0.1060 0.1400 0.1570 0.1070 0.1736 0.1889 0.2068
Announcement Date 20-02-28 21-03-02 22-03-01 23-02-28 24-02-29 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales - 397 - 718 768 874 822 510 686 - -
EBITDA - - - - - 417 - 167 - - -
EBIT 1 - - - 329 - - 389 143 218 269.6 349.1
Operating Margin - - - 45.82% - - 47.32% 28.04% 31.78% - -
Earnings before Tax (EBT) - - - - - - - - - - -
Net income - 39 - - 259 308 - - - - -
Net margin - 9.82% - - 33.72% 35.24% - - - - -
EPS 0.1260 0.0260 0.0670 0.1580 0.1800 0.2270 0.2310 0.0680 - - -
Dividend per Share 0.0510 0.0490 0.0570 0.0560 0.0840 0.0560 0.1010 0.0560 - - -
Announcement Date 20-02-28 20-07-30 21-03-02 21-07-28 22-03-01 22-08-02 23-02-28 23-08-01 24-02-29 - -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 26 - - - - - - -
Net Cash position 1 - 351 137 204 136 401 570 540
Leverage (Debt/EBITDA) 0.0513 x - - - - - - -
Free Cash Flow 1 429 362 435 692 304 562 412 416
ROE (net income / shareholders' equity) 17.7% 8.84% 30.9% 36.3% 16.4% 25.5% 23.1% 23.8%
ROA (Net income/ Total Assets) 10.6% 5.15% 17.6% - 7.05% 11% 10.2% 11.7%
Assets 1 - 2,680 2,765 - 3,318 4,113 4,577 4,317
Book Value Per Share 2 1.090 1.010 1.150 1.370 1.380 1.600 1.840 2.140
Cash Flow per Share 2 0.2800 0.2700 0.3400 0.5600 0.2800 0.4200 0.4000 0.4600
Capex 1 23 30 49 45 33 33 34.1 35.2
Capex / Sales - 3.19% 3.3% 2.65% 2.76% 2.02% 2.02% 1.91%
Announcement Date 20-02-28 21-03-02 22-03-01 23-02-28 24-02-29 - - -
1USD in Million2USD
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
14
Last Close Price
3.1 USD
Average target price
3.84 USD
Spread / Average Target
+23.88%
Consensus