Financials MGI Digital Technology

Equities

Real-time Euronext Paris Other stock markets 07:50:27 2024-06-20 EDT			5-day change	1st Jan Change
17.38 ^EUR	-0.57%		-9.67%	+6.63%

04-04	MGI Digital Technology Société Anonyme Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	MGI Digital Technology Société Anonyme Reports Earnings Results for the Half Year Ended June 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	336.7	293.4	227.5	175.5	100.7	107.6	-	-
Enterprise Value (EV) ¹	309.3	268.6	201.8	149.8	84.27	86.85	85.7	82.15
P/E ratio	23.5 x	53.7 x	41.3 x	24.1 x	12.3 x	12.5 x	9.6 x	9.82 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	4.95 x	8.34 x	5.86 x	3.77 x	2.1 x	1.94 x	1.59 x	1.42 x
EV / Revenue	4.55 x	7.64 x	5.2 x	3.21 x	1.76 x	1.57 x	1.27 x	1.08 x
EV / EBITDA	13.3 x	31.1 x	-	-	6.82 x	6.34 x	4.8 x	4.59 x
EV / FCF	14.3 x	-190 x	-	-	-93.1 x	48.3 x	74.5 x	18.3 x
FCF Yield	6.99%	-0.53%	-	-	-1.07%	2.07%	1.34%	5.48%
Price to Book	3.28 x	2.74 x	-	-	0.82 x	0.8 x	0.73 x	0.7 x
Nbr of stocks (in thousands)	6,167	6,145	6,183	6,168	6,177	6,153	-	-
Reference price ²	54.60	47.75	36.80	28.45	16.30	17.48	17.48	17.48
Announcement Date	20-04-06	21-04-30	22-04-01	23-04-03	24-04-04	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	68	35.17	38.81	46.61	47.98	55.35	67.7	75.9
EBITDA ¹	23.3	8.622	-	-	12.36	13.7	17.85	17.9
EBIT ¹	20	6.595	8.032	8.371	7.449	8.85	12.05	10.9
Operating Margin	29.41%	18.75%	20.7%	17.96%	15.52%	15.99%	17.8%	14.36%
Earnings before Tax (EBT) ¹	20	6.595	-	-	7.428	10.3	14.8	-
Net income ¹	14	5.447	5.479	7.287	8.191	8.55	11.15	10.9
Net margin	20.59%	15.49%	14.12%	15.63%	17.07%	15.45%	16.47%	14.36%
EPS ²	2.320	0.8900	0.8900	1.180	1.330	1.395	1.820	1.780
Free Cash Flow ¹	21.63	-1.41	-	-	-0.905	1.8	1.15	4.5
FCF margin	31.81%	-4.01%	-	-	-1.89%	3.25%	1.7%	5.93%
FCF Conversion (EBITDA)	92.83%	-	-	-	-	13.14%	6.44%	25.14%
FCF Conversion (Net income)	154.5%	-	-	-	-	21.05%	10.31%	41.28%
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	20-04-06	21-04-30	22-04-01	23-04-03	24-04-04	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	27.4	24.9	25.7	25.7	16.4	20.7	21.9	25.4
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	21.6	-1.41	-	-	-0.91	1.8	1.15	4.5
ROE (net income / shareholders' equity)	14.9%	5.18%	4.99%	6.28%	6.65%	6.3%	7.6%	7%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	16.70	17.40	-	-	19.90	22.00	23.80	25.00
Cash Flow per Share ²	2.500	1.620	0.5500	1.440	1.340	2.180	2.760	2.900
Capex ¹	-	6.97	-	-	9.15	8.85	9.35	9.8
Capex / Sales	-	19.83%	-	-	19.08%	15.99%	13.81%	12.91%
Announcement Date	20-04-06	21-04-30	22-04-01	23-04-03	24-04-04	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.48 EUR

Average target price

21.5 EUR

Spread / Average Target

+23.00%

	1st Jan change	Capi.
MGI DIGITAL TECHNOLOGY	+6.63%	116M
NORDSON CORPORATION	-12.10%	13.3B
SUZHOU MAXWELL TECHNOLOGIES CO., LTD.	+4.89%	5.22B
VALMET OYJ	+3.06%	5.24B
HAITIAN INTERNATIONAL HOLDINGS LIMITED	+23.19%	5.16B
WUXI LEAD INTELLIGENT EQUIPMENT CO.,LTD.	-24.34%	4.15B
KRONES AG	+6.62%	4.01B
TOMRA SYSTEMS ASA	+12.19%	3.84B
IHI CORPORATION	+36.15%	3.68B
KADANT INC.	-0.05%	3.29B