Projected Income Statement: Pernod Ricard

Forecast Balance Sheet: Pernod Ricard

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,620 8,424 7,452 8,657 10,273 10,641 10,290 10,030
Change - 27.25% -11.54% 16.17% 18.67% 3.58% -3.3% -2.53%
Announcement Date 19-08-29 20-09-02 21-09-01 22-09-01 23-08-31 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Pernod Ricard

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 338 352 370 481 610 789 786.5 782.6
Change - 4.14% 5.11% 30% 26.82% 29.34% -0.31% -0.51%
Free Cash Flow (FCF) 1 1,366 830 1,628 1,813 1,431 1,392 1,603 1,700
Change - -39.24% 96.14% 11.36% -21.07% -2.7% 15.13% 6.06%
Announcement Date 19-08-29 20-09-02 21-09-01 22-09-01 23-08-31 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Pernod Ricard

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 30.57% 30.89% 31.62% 31.82% 31.02% 30.53% 30.76% 31.35%
EBIT Margin (%) 28.11% 26.75% 27.46% 28.26% 27.59% 26.72% 26.83% 27.23%
EBT Margin (%) 33.74% 7.2% 22.51% 25.27% 24.17% 24.21% 24.4% 25.13%
Net margin (%) 15.85% 3.89% 14.79% 18.65% 18.64% 18.03% 17.8% 18.56%
FCF / Net Income (%) 14.88% 9.82% 18.45% 16.94% 11.79% 11.97% 13.46% 13.65%

Profitability

        
ROA 4.8% 4.6% 5.06% 5.86% 6.35% 5.42% 5.47% 5.77%
ROE 9.45% 9.61% 11.2% 12.97% 14.78% 12.57% 12.49% 12.71%

Financial Health

        
Leverage (Debt/EBITDA) 2.36x 3.23x 2.67x 2.54x 2.73x 3x 2.81x 2.57x
Debt / Free cash flow 4.85x 10.15x 4.58x 4.77x 7.18x 7.64x 6.42x 5.9x

Capital Intensity

        
CAPEX / Current Assets (%) 3.68% 4.17% 4.19% 4.49% 5.03% 6.78% 6.61% 6.28%
CAPEX / EBITDA (%) 12.04% 13.49% 13.26% 14.13% 16.2% 22.22% 21.47% 20.04%
CAPEX / FCF (%) 24.74% 42.41% 22.73% 26.53% 42.63% 56.66% 49.06% 46.03%

Items per share

        
Cash flow per share 1 6.42 4.473 7.64 8.833 7.914 8.713 10.18 10.57
Change - -30.33% 70.81% 15.61% -10.4% 10.09% 116.82% 103.8%
Dividend per Share 1 3.12 2.66 3.12 4.12 4.7 4.308 4.411 4.589
Change - -14.74% 17.29% 32.05% 14.08% -8.33% 102.38% 104.04%
Book Value Per Share 1 60.23 52.63 56.63 61.81 61.48 64.1 67.52 71.2
Change - -12.63% 7.6% 9.16% -0.53% 4.26% 105.34% 105.45%
EPS 1 5.482 1.246 4.99 7.685 8.806 8.203 8.22 8.805
Change - -77.27% 300.5% 54.01% 14.58% -6.85% 100.21% 107.12%
Nbr of stocks (in thousands) 264,148 262,811 260,829 259,563 256,132 250,009 250,009 250,009
Announcement Date 19-08-29 20-09-02 21-09-01 22-09-01 23-08-31 - - -
1EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
125.00EUR
Average target price
155.25EUR
Spread / Average Target
+24.20%
Consensus
  1. Stock Market
  2. Equities
  3. RI Stock
  4. Financials Pernod Ricard