Financials SAF-Holland SE

Equities

Market Closed - Xetra Other stock markets 11:35:08 2024-12-04 EST			5-day change	1st Jan Change
13.96 ^EUR	+1.31%		+6.08%	-8.16%

12-04	SAF-HOLLAND : Berenberg keeps its Buy rating	ZD
11-20	SAF-HOLLAND : Hauck & Aufhauser remains its Buy rating	ZD

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,284	959.5	1,247	1,565	2,106	1,931	2,044	2,171
Change	-	-25.28%	29.92%	25.55%	34.57%	-8.32%	5.85%	6.22%
EBITDA ¹	112.9	98.13	132.1	162.7	264.1	247.2	256.9	273.2
Change	-	-13.07%	34.63%	23.16%	62.34%	-6.42%	3.93%	6.35%
EBIT ¹	79.82	58.8	93.13	124.6	202.1	191.1	194.3	205
Change	-	-26.33%	58.38%	33.8%	62.16%	-5.43%	1.71%	5.47%
Interest Paid ¹	-10.99	-11.77	-9.445	-16.17	-	-40.62	-36.98	-34.35
Earnings before Tax (EBT) ¹	24.21	19.33	62.7	88.5	121.7	124.2	141.1	154.7
Change	-	-20.16%	224.34%	41.16%	37.52%	2.06%	13.57%	9.68%
Net income ¹	8.979	13.8	36.74	61.08	79.93	82.09	96.12	106.6
Change	-	53.64%	166.31%	66.27%	30.86%	2.7%	17.1%	10.85%
Announcement Date	3/19/20	3/25/21	3/17/22	3/30/23	3/14/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dezember	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	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
Net sales ¹	275.5	283.4	192.8	232.4	251	285.6	322.5	-	321.8	369.7	403.5	402.4	389.4	480.4	555.7	552.9	517.2	505.4	507.1	439.9	488.4
Change	-	2.86%	-31.96%	20.54%	7.98%	13.79%	12.91%	-100%	-	14.88%	9.15%	-0.29%	-3.22%	23.36%	15.66%	-0.5%	-6.46%	-2.27%	0.33%	-13.24%	11.02%
EBITDA ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63.8	68.67	59.61	63.1
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.63%	-13.19%	5.86%
EBIT ¹	12.9	18.44	5.214	14.88	-	21.96	25	-	-	23.48	-	36.66	-	43.36	50.82	58.6	49.28	48.56	54.21	43.32	48.2
Change	-	42.95%	-71.73%	185.4%	-100%	-	13.84%	-100%	-	-	-100%	-	-100%	-	17.2%	15.31%	-15.9%	-1.45%	11.62%	-20.09%	11.26%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	14.55	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	3/19/20	5/13/20	8/14/20	11/18/20	3/25/21	5/12/21	8/12/21	11/15/21	3/17/22	5/10/22	8/11/22	11/10/22	3/30/23	5/26/23	8/10/23	11/9/23	3/14/24	5/9/24	8/7/24	11/12/24	-

¹EUR in Million

Estimates

¹EUR in Million

Estimates

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	252	197	198	511	-	422	332	260
Change	-	-21.83%	0.51%	158.08%	-	-	-21.33%	-21.69%
Announcement Date	3/19/20	3/25/21	3/17/22	3/30/23	3/14/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dezember	2019	2020	2021	2022	2024	2025	2026
CAPEX ¹	52.98	24.46	24.65	36.25	59.01	67.62	70.75
Change	-	-53.83%	0.78%	47.04%	-	14.6%	4.63%
Free Cash Flow (FCF) ¹	44.96	113.5	15	117.1	95.1	114.8	135
Change	-	152.38%	-86.78%	681.09%	-	20.66%	17.6%
Announcement Date	3/19/20	3/25/21	3/17/22	3/30/23	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	8.79%	10.23%	10.6%	10.4%	12.54%	12.8%	12.57%	12.58%
EBIT Margin (%)	6.22%	6.13%	7.47%	7.96%	9.59%	9.9%	9.51%	9.44%
EBT Margin (%)	1.89%	2.01%	5.03%	5.65%	5.78%	6.43%	6.9%	7.13%
Net margin (%)	0.7%	1.44%	2.95%	3.9%	3.8%	4.25%	4.7%	4.91%
FCF margin (%)	3.5%	11.82%	1.2%	7.48%	-	4.93%	5.61%	6.22%
FCF / Net Income (%)	500.67%	822.46%	40.82%	191.78%	-	115.85%	119.38%	126.65%
Profitability
ROA	0.92%	1.5%	6.33%	4.86%	-	4.6%	5.9%	6.55%
ROE	2.93%	4.58%	18.33%	15.07%	-	16.46%	18.82%	18.83%
Financial Health
Leverage (Debt/EBITDA)	2.23x	2x	1.5x	3.14x	-	1.71x	1.29x	0.95x
Debt / Free cash flow	5.6x	1.73x	13.21x	4.36x	-	4.44x	2.9x	1.93x
Capital Intensity
CAPEX / Current Assets (%)	4.13%	2.55%	1.98%	2.32%	-	3.06%	3.31%	3.26%
CAPEX / EBITDA (%)	46.93%	24.93%	18.66%	22.28%	-	23.87%	26.32%	25.9%
CAPEX / FCF (%)	117.85%	21.56%	164.39%	30.95%	-	62.05%	58.93%	52.43%
Items per share
Cash flow per share ¹	1.681	3.038	0.8735	3.379	-	3.033	3.365	3.512
Change	-	80.78%	-71.25%	286.85%	-	-	10.97%	4.37%
Dividend per Share ¹	-	-	0.35	0.6	-	0.8424	0.9395	1.026
Change	-	-	-	71.43%	-	-	11.53%	9.19%
Book Value Per Share ¹	6.718	6.561	8.156	9.705	-	11.43	12.65	14.06
Change	-	-2.35%	24.31%	18.99%	-	-	10.72%	11.12%
EPS ¹	0.19	0.3	0.81	1.35	1.76	1.809	2.118	2.351
Change	-	57.89%	170%	66.67%	30.37%	2.76%	17.08%	11.02%
Nbr of stocks (in thousands)	45,394	45,394	45,394	45,394	45,394	45,394	45,394	45,394
Announcement Date	3/19/20	3/25/21	3/17/22	3/30/23	3/14/24	-	-	-