Financials NORMA Group SE

Equities

NOEJ

DE000A1H8BV3

Industrial Machinery & Equipment

Market Closed - Xetra 11:35:01 2024-04-26 EDT 5-day change 1st Jan Change
18.42 EUR +1.10% Intraday chart for NORMA Group SE +8.99% +14.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,211 1,334 1,079 541.7 510.8 586.9 - -
Enterprise Value (EV) 1 1,627 1,671 1,398 891.7 510.8 874 835.5 790.1
P/E ratio 20.8 x 233 x 19.3 x 13.8 x 18.4 x 16.1 x 10.9 x 9.59 x
Yield 2.89% 1.67% 2.21% 3.24% - 2.77% 3.68% 4.21%
Capitalization / Revenue 1.1 x 1.4 x 0.99 x 0.44 x 0.42 x 0.47 x 0.45 x 0.44 x
EV / Revenue 1.48 x 1.76 x 1.28 x 0.72 x 0.42 x 0.71 x 0.65 x 0.59 x
EV / EBITDA 8.69 x 16.8 x 8.34 x 5.67 x 3.31 x 5.34 x 4.57 x 3.97 x
EV / FCF 20.5 x 17.8 x 22.6 x 40.3 x - 13.9 x 13.5 x 10.9 x
FCF Yield 4.87% 5.63% 4.42% 2.48% - 7.2% 7.41% 9.21%
Price to Book 1.93 x 2.26 x 1.62 x 0.77 x - 0.82 x 0.77 x 0.74 x
Nbr of stocks (in thousands) 31,862 31,862 31,862 31,862 31,862 31,862 - -
Reference price 2 38.00 41.88 33.88 17.00 16.03 18.42 18.42 18.42
Announcement Date 20-03-25 21-03-24 22-03-23 23-03-28 24-03-26 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,100 952.2 1,092 1,243 1,223 1,237 1,295 1,333
EBITDA 1 187.2 99.31 167.6 157.2 154.2 163.5 182.9 198.9
EBIT 1 136.1 45.29 113.8 98.96 97.48 101.9 120.6 137.1
Operating Margin 12.37% 4.76% 10.42% 7.96% 7.97% 8.24% 9.31% 10.28%
Earnings before Tax (EBT) 1 81.19 5.38 79.66 63.92 53.45 56.5 77.52 90.46
Net income 1 58.42 5.67 55.93 39.07 27.83 36.57 53.82 61.11
Net margin 5.31% 0.6% 5.12% 3.14% 2.28% 2.96% 4.15% 4.58%
EPS 2 1.830 0.1800 1.760 1.230 0.8700 1.146 1.689 1.920
Free Cash Flow 1 79.3 94.12 61.74 22.12 - 62.97 61.9 72.77
FCF margin 7.21% 9.88% 5.65% 1.78% - 5.09% 4.78% 5.46%
FCF Conversion (EBITDA) 42.35% 94.78% 36.84% 14.06% - 38.51% 33.85% 36.59%
FCF Conversion (Net income) 135.73% 1,660.04% 110.38% 56.61% - 172.17% 115.02% 119.07%
Dividend per Share 2 1.100 0.7000 0.7500 0.5500 - 0.5103 0.6783 0.7763
Announcement Date 20-03-25 21-03-24 22-03-23 23-03-28 24-03-26 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1
Net sales 1 445 568.1 265.7 - 304.4 317.9 622.3 318.6 302.1 315 324 639 297.1 286.7 307
EBITDA 1 - - - - - - - - - - 40 78.6 39.08 36.55 40.7
EBIT 1 - 73 22.8 - 30.32 22.3 - 27 19.28 22.6 27.1 49.7 24.8 23.02 25.4
Operating Margin - 12.85% 8.58% - 9.96% 7.01% - 8.47% 6.38% 7.18% 8.36% 7.78% 8.35% 8.03% 8.27%
Earnings before Tax (EBT) -19.73 56.13 14.26 9.263 23.24 13.84 37.08 18 8.84 - 16.6 29.93 12.91 10.61 -
Net income 1 -16.8 41.1 10.05 4.859 16.73 10 26.64 9.357 3.066 7.739 10.53 18.26 7.091 2.476 9
Net margin -3.78% 7.23% 3.78% - 5.5% 3.15% 4.28% 2.94% 1.01% 2.46% 3.25% 2.86% 2.39% 0.86% 2.93%
EPS 2 -0.5300 1.290 - 0.1600 0.5300 0.3100 0.8400 0.2900 0.1000 0.2400 0.3300 0.5700 0.2200 0.0700 0.2400
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 20-08-05 21-08-04 21-11-03 22-03-23 22-05-04 22-08-10 22-08-10 22-11-02 23-03-28 23-05-09 23-08-08 23-08-08 23-11-07 24-03-26 -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 416 337 318 350 - 287 249 203
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.222 x 3.393 x 1.9 x 2.226 x - 1.756 x 1.36 x 1.022 x
Free Cash Flow 1 79.3 94.1 61.7 22.1 - 63 61.9 72.8
ROE (net income / shareholders' equity) 9.51% 0.93% 8.9% 5.69% - 5.4% 7.41% 8.32%
ROA (Net income/ Total Assets) 3.91% 0.39% 3.84% 2.55% - 2.69% 3.36% 3.75%
Assets 1 1,493 1,464 1,456 1,529 - 1,361 1,602 1,631
Book Value Per Share 2 19.70 18.50 21.00 22.10 - 22.50 24.00 24.80
Cash Flow per Share 2 4.300 4.190 3.400 2.400 - 3.210 3.080 3.240
Capex 1 57.8 39.4 46.6 54.5 - 61.8 64.4 67
Capex / Sales 5.25% 4.14% 4.27% 4.38% - 5% 4.97% 5.03%
Announcement Date 20-03-25 21-03-24 22-03-23 23-03-28 24-03-26 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
18.42 EUR
Average target price
21 EUR
Spread / Average Target
+14.01%
Consensus
  1. Stock Market
  2. Equities
  3. NOEJ Stock
  4. Financials NORMA Group SE