Market Closed -
Nasdaq
16:00:00 2024-06-26 EDT
|
5-day change
|
1st Jan Change
|
104.3
USD
|
-2.06%
|
|
-2.74%
|
+6.80%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
27,359
|
29,891
|
30,642
|
34,419
|
51,078
|
55,811
|
-
|
-
|
Enterprise Value (EV)
1 |
22,189
|
25,057
|
25,829
|
28,260
|
51,078
|
45,300
|
44,029
|
42,529
|
P/E ratio
|
11.5
x
|
23.1
x
|
16.6
x
|
11.5
x
|
11.1
x
|
12.8
x
|
12.2
x
|
11.3
x
|
Yield
|
4.53%
|
2.29%
|
3.22%
|
4.23%
|
4.34%
|
3.88%
|
3.98%
|
4.51%
|
Capitalization / Revenue
|
1.13
x
|
1.74
x
|
1.4
x
|
1.26
x
|
1.53
x
|
1.75
x
|
1.67
x
|
1.53
x
|
EV / Revenue
|
0.92
x
|
1.46
x
|
1.18
x
|
1.03
x
|
1.53
x
|
1.42
x
|
1.32
x
|
1.16
x
|
EV / EBITDA
|
7.4
x
|
13.5
x
|
12.2
x
|
8.26
x
|
8.77
x
|
8.62
x
|
7.9
x
|
6.83
x
|
EV / FCF
|
9.71
x
|
10.3
x
|
15.9
x
|
11.3
x
|
14.6
x
|
11.4
x
|
10.5
x
|
9.62
x
|
FCF Yield
|
10.3%
|
9.73%
|
6.3%
|
8.82%
|
6.84%
|
8.8%
|
9.51%
|
10.4%
|
Price to Book
|
2.82
x
|
2.87
x
|
2.69
x
|
2.62
x
|
-
|
3.04
x
|
2.68
x
|
2.35
x
|
Nbr of stocks (in thousands)
|
518,810
|
519,660
|
520,766
|
521,651
|
523,076
|
524,145
|
-
|
-
|
Reference price
2 |
52.73
|
57.52
|
58.84
|
65.98
|
97.65
|
106.5
|
106.5
|
106.5
|
Announcement Date
|
1/28/20
|
1/26/21
|
1/25/22
|
1/24/23
|
1/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
24,120
|
17,154
|
21,834
|
27,314
|
33,316
|
31,948
|
33,399
|
36,506
|
EBITDA
1 |
2,998
|
1,853
|
2,123
|
3,422
|
5,821
|
5,255
|
5,574
|
6,224
|
EBIT
1 |
2,676
|
1,345
|
1,853
|
3,090
|
5,406
|
4,775
|
4,981
|
5,391
|
Operating Margin
|
11.09%
|
7.84%
|
8.49%
|
11.31%
|
16.23%
|
14.95%
|
14.91%
|
14.77%
|
Earnings before Tax (EBT)
1 |
3,099
|
1,658
|
2,379
|
3,849
|
5,718
|
5,624
|
5,907
|
6,287
|
Net income
1 |
2,388
|
1,298
|
1,852
|
3,012
|
4,601
|
4,381
|
4,618
|
4,950
|
Net margin
|
9.9%
|
7.57%
|
8.48%
|
11.03%
|
13.81%
|
13.71%
|
13.83%
|
13.56%
|
EPS
2 |
4.580
|
2.493
|
3.547
|
5.753
|
8.760
|
8.292
|
8.705
|
9.461
|
Free Cash Flow
1 |
2,286
|
2,437
|
1,628
|
2,492
|
3,495
|
3,987
|
4,187
|
4,422
|
FCF margin
|
9.48%
|
14.21%
|
7.45%
|
9.12%
|
10.49%
|
12.48%
|
12.54%
|
12.11%
|
FCF Conversion (EBITDA)
|
76.26%
|
131.48%
|
76.67%
|
72.83%
|
60.04%
|
75.88%
|
75.12%
|
71.04%
|
FCF Conversion (Net income)
|
95.75%
|
187.68%
|
87.88%
|
82.75%
|
75.97%
|
91.01%
|
90.68%
|
89.32%
|
Dividend per Share
2 |
2.387
|
1.320
|
1.893
|
2.793
|
4.240
|
4.129
|
4.236
|
4.799
|
Announcement Date
|
1/28/20
|
1/26/21
|
1/25/22
|
1/24/23
|
1/23/24
|
-
|
-
|
-
|
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 |
6,296
|
6,106
|
6,786
|
6,687
|
7,735
|
8,050
|
8,441
|
8,232
|
8,592
|
8,235
|
8,128
|
7,621
|
7,611
|
6,937
|
-
|
EBITDA
1 |
553.9
|
668.9
|
831.2
|
861.5
|
1,060
|
1,403
|
1,486
|
1,462
|
1,511
|
1,412
|
1,342
|
1,248
|
1,243
|
1,509
|
1,486
|
EBIT
1 |
481.4
|
594.9
|
749.9
|
777.1
|
967.8
|
1,300
|
1,384
|
1,358
|
1,404
|
1,308
|
1,226
|
1,129
|
1,106
|
-
|
-
|
Operating Margin
|
7.65%
|
9.74%
|
11.05%
|
11.62%
|
12.51%
|
16.15%
|
16.39%
|
16.5%
|
16.34%
|
15.88%
|
15.08%
|
14.81%
|
14.53%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
651
|
771.4
|
922.1
|
979.7
|
1,176
|
919
|
1,568
|
1,589
|
1,641
|
1,534
|
1,447
|
1,322
|
1,363
|
1,657
|
1,628
|
Net income
1 |
511.4
|
600.5
|
720.4
|
769.4
|
921.3
|
733.9
|
1,221
|
1,228
|
1,417
|
1,195
|
1,128
|
1,019
|
1,064
|
1,197
|
1,226
|
Net margin
|
8.12%
|
9.83%
|
10.62%
|
11.51%
|
11.91%
|
9.12%
|
14.47%
|
14.92%
|
16.5%
|
14.51%
|
13.88%
|
13.37%
|
13.99%
|
17.25%
|
-
|
EPS
2 |
0.9800
|
1.147
|
1.380
|
1.473
|
1.760
|
1.400
|
2.330
|
2.340
|
2.700
|
2.270
|
2.132
|
1.926
|
1.985
|
2.254
|
2.360
|
Dividend per Share
2 |
0.2267
|
0.2267
|
0.2267
|
0.2267
|
2.113
|
0.2500
|
0.2500
|
0.2700
|
3.470
|
0.2700
|
1.160
|
1.160
|
3.168
|
3.614
|
0.3570
|
Announcement Date
|
1/25/22
|
4/26/22
|
7/26/22
|
10/25/22
|
1/24/23
|
4/25/23
|
7/25/23
|
10/24/23
|
1/23/24
|
4/30/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
5,169
|
4,834
|
4,813
|
6,159
|
-
|
10,511
|
11,782
|
13,282
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,286
|
2,437
|
1,628
|
2,492
|
3,495
|
3,987
|
4,187
|
4,422
|
ROE (net income / shareholders' equity)
|
26.1%
|
12.9%
|
17%
|
24.3%
|
34.8%
|
25.2%
|
23.8%
|
22.7%
|
ROA (Net income/ Total Assets)
|
8.87%
|
4.58%
|
6.44%
|
9.59%
|
13.6%
|
14.8%
|
14.5%
|
12.3%
|
Assets
1 |
26,922
|
28,323
|
28,781
|
31,392
|
33,773
|
29,596
|
31,941
|
40,235
|
Book Value Per Share
2 |
18.70
|
20.00
|
21.90
|
25.20
|
-
|
35.10
|
39.70
|
45.40
|
Cash Flow per Share
2 |
6.650
|
4.500
|
5.270
|
5.780
|
7.980
|
9.980
|
10.90
|
12.20
|
Capex
1 |
574
|
550
|
559
|
535
|
695
|
714
|
694
|
714
|
Capex / Sales
|
2.38%
|
3.21%
|
2.56%
|
1.96%
|
2.09%
|
2.24%
|
2.08%
|
1.95%
|
Announcement Date
|
1/28/20
|
1/26/21
|
1/25/22
|
1/24/23
|
1/23/24
|
-
|
-
|
-
|
Last Close Price
106.5
USD Average target price
120.9
USD Spread / Average Target +13.55% Consensus |
1st Jan change
|
Capi.
|
---|
| +6.80% | 55.81B | | +24.59% | 27.32B | | +18.57% | 26.49B | | +5.29% | 23.85B | | +10.17% | 22.94B | | +6.31% | 16.88B | | -16.58% | 12.46B | | +20.83% | 12.14B | | +8.44% | 8.85B | | +32.30% | 8.51B |
Other Heavy Machinery & Vehicles
|