Real-time Estimate
Tradegate
02:56:33 2024-06-17 EDT
|
5-day change
|
1st Jan Change
|
943.9
EUR
|
+0.91%
|
|
+2.84%
|
+10.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
33,158
|
32,788
|
47,585
|
52,816
|
56,209
|
59,325
|
-
|
-
|
Enterprise Value (EV)
1 |
37,008
|
36,446
|
51,050
|
57,079
|
61,500
|
64,565
|
64,852
|
64,763
|
P/E ratio
|
24.5
x
|
19.2
x
|
22.7
x
|
25.2
x
|
24.7
x
|
23.9
x
|
21.4
x
|
19
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
3.27
x
|
2.83
x
|
3.57
x
|
3.67
x
|
3.55
x
|
3.5
x
|
3.31
x
|
3.12
x
|
EV / Revenue
|
3.65
x
|
3.14
x
|
3.83
x
|
3.96
x
|
3.89
x
|
3.81
x
|
3.62
x
|
3.4
x
|
EV / EBITDA
|
16.9
x
|
13.3
x
|
15.7
x
|
17.2
x
|
17.1
x
|
16.7
x
|
15.9
x
|
14.8
x
|
EV / FCF
|
34.3
x
|
15.4
x
|
18.5
x
|
22.1
x
|
30.3
x
|
31.3
x
|
24.9
x
|
24.2
x
|
FCF Yield
|
2.92%
|
6.51%
|
5.42%
|
4.53%
|
3.3%
|
3.2%
|
4.02%
|
4.12%
|
Price to Book
|
85.8
x
|
240
x
|
-713
x
|
-49.6
x
|
-32.3
x
|
-41.7
x
|
-35.4
x
|
-82.9
x
|
Nbr of stocks (in thousands)
|
75,659
|
72,448
|
67,378
|
62,576
|
59,162
|
58,894
|
-
|
-
|
Reference price
2 |
438.3
|
452.6
|
706.2
|
844.0
|
950.1
|
1,007
|
1,007
|
1,007
|
Announcement Date
|
2/5/20
|
2/10/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,150
|
11,604
|
13,328
|
14,410
|
15,812
|
16,935
|
17,936
|
19,042
|
EBITDA
1 |
2,192
|
2,734
|
3,245
|
3,312
|
3,595
|
3,857
|
4,078
|
4,364
|
EBIT
1 |
1,921
|
2,419
|
2,917
|
2,954
|
3,186
|
3,390
|
3,612
|
3,869
|
Operating Margin
|
18.92%
|
20.85%
|
21.89%
|
20.5%
|
20.15%
|
20.02%
|
20.14%
|
20.32%
|
Earnings before Tax (EBT)
1 |
1,790
|
2,266
|
2,782
|
2,799
|
3,005
|
3,171
|
3,378
|
3,628
|
Net income
1 |
1,391
|
1,752
|
2,165
|
2,173
|
2,347
|
2,464
|
2,626
|
2,814
|
Net margin
|
13.7%
|
15.1%
|
16.24%
|
15.08%
|
14.84%
|
14.55%
|
14.64%
|
14.78%
|
EPS
2 |
17.88
|
23.53
|
31.10
|
33.44
|
38.47
|
42.14
|
47.00
|
52.92
|
Free Cash Flow
1 |
1,080
|
2,371
|
2,764
|
2,585
|
2,028
|
2,063
|
2,608
|
2,671
|
FCF margin
|
10.64%
|
20.43%
|
20.74%
|
17.94%
|
12.82%
|
12.18%
|
14.54%
|
14.03%
|
FCF Conversion (EBITDA)
|
49.3%
|
86.72%
|
85.18%
|
78.04%
|
56.4%
|
53.5%
|
63.95%
|
61.2%
|
FCF Conversion (Net income)
|
77.67%
|
135.31%
|
127.71%
|
118.97%
|
86.42%
|
83.73%
|
99.34%
|
94.9%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/5/20
|
2/10/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
3,291
|
3,296
|
3,671
|
3,799
|
3,644
|
3,708
|
4,069
|
4,203
|
3,832
|
3,976
|
4,351
|
4,493
|
4,121
|
4,217
|
4,598
|
EBITDA
1 |
766.4
|
752.5
|
883.7
|
894.2
|
782.1
|
810.4
|
951.7
|
1,002
|
831.2
|
862.1
|
1,005
|
1,061
|
889.5
|
918.9
|
1,115
|
EBIT
1 |
675.9
|
669.5
|
798.6
|
804.2
|
682.2
|
716.6
|
853.8
|
897.2
|
718.7
|
752.5
|
904
|
953.7
|
780.3
|
810.1
|
963.6
|
Operating Margin
|
20.53%
|
20.31%
|
21.75%
|
21.17%
|
18.72%
|
19.33%
|
20.98%
|
21.35%
|
18.76%
|
18.92%
|
20.78%
|
21.23%
|
18.93%
|
19.21%
|
20.96%
|
Earnings before Tax (EBT)
1 |
644.2
|
633.3
|
757.3
|
761.8
|
646.2
|
677.4
|
809.1
|
846.7
|
671.5
|
700.4
|
849.4
|
896.7
|
723.2
|
760.5
|
913.2
|
Net income
1 |
519
|
481.9
|
576.8
|
585.4
|
528.6
|
516.9
|
627.4
|
649.8
|
552.5
|
547.2
|
654.8
|
690.4
|
573.3
|
588.7
|
705.7
|
Net margin
|
15.77%
|
14.62%
|
15.71%
|
15.41%
|
14.5%
|
13.94%
|
15.42%
|
15.46%
|
14.42%
|
13.76%
|
15.05%
|
15.37%
|
13.91%
|
13.96%
|
15.35%
|
EPS
2 |
7.640
|
7.170
|
8.780
|
9.170
|
8.370
|
8.280
|
10.22
|
10.72
|
9.260
|
9.200
|
11.13
|
11.85
|
9.959
|
10.24
|
12.53
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/9/22
|
4/27/22
|
7/27/22
|
10/26/22
|
2/8/23
|
4/26/23
|
7/26/23
|
10/25/23
|
2/7/24
|
4/24/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,850
|
3,658
|
3,465
|
4,263
|
5,291
|
5,241
|
5,527
|
5,438
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.757
x
|
1.338
x
|
1.068
x
|
1.287
x
|
1.472
x
|
1.359
x
|
1.355
x
|
1.246
x
|
Free Cash Flow
1 |
1,080
|
2,371
|
2,764
|
2,585
|
2,028
|
2,063
|
2,608
|
2,671
|
ROE (net income / shareholders' equity)
|
370%
|
652%
|
5,864%
|
-
|
-
|
-
|
-
|
260%
|
ROA (Net income/ Total Assets)
|
14.9%
|
15.7%
|
18.6%
|
17.8%
|
17.7%
|
16.9%
|
17.2%
|
17.1%
|
Assets
1 |
9,349
|
11,157
|
11,658
|
12,173
|
13,250
|
14,557
|
15,299
|
16,458
|
Book Value Per Share
2 |
5.110
|
1.880
|
-0.9900
|
-17.00
|
-29.40
|
-24.10
|
-28.50
|
-12.20
|
Cash Flow per Share
2 |
22.00
|
38.10
|
46.10
|
48.50
|
49.70
|
51.20
|
58.20
|
63.60
|
Capex
1 |
628
|
466
|
443
|
563
|
1,006
|
950
|
838
|
869
|
Capex / Sales
|
6.19%
|
4.01%
|
3.32%
|
3.91%
|
6.36%
|
5.61%
|
4.67%
|
4.57%
|
Announcement Date
|
2/5/20
|
2/10/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Last Close Price
1,007
USD Average target price
1,151
USD Spread / Average Target +14.23% Consensus |