Financials Sixt SE Xetra

Equities

SIX3

DE0007231334

Passenger Transportation, Ground & Sea

Market Closed - Xetra 11:35:53 2024-05-31 EDT 5-day change 1st Jan Change
59 EUR -.--% Intraday chart for Sixt SE -0.84% -12.07%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,805 3,931 6,164 3,513 4,185 3,268 - -
Enterprise Value (EV) 1 7,072 5,556 7,899 3,513 7,478 6,831 6,894 7,065
P/E ratio 18 x -135 x 23.3 x 10.5 x 14.2 x 12.6 x 9.88 x 8.73 x
Yield - - 2.38% - 3.85% 4.8% 5.32% 5.92%
Capitalization / Revenue 1.15 x 2.57 x 2.7 x 1.15 x 1.16 x 0.84 x 0.77 x 0.71 x
EV / Revenue 2.14 x 3.63 x 3.46 x 1.15 x 2.07 x 1.75 x 1.62 x 1.54 x
EV / EBITDA 6.49 x 13.6 x 9.3 x 3.07 x 5.64 x 4.98 x 4.62 x 4.31 x
EV / FCF -82.7 x 8.15 x -1,328 x - -47.5 x 36.2 x 27.4 x 27.6 x
FCF Yield -1.21% 12.3% -0.08% - -2.1% 2.76% 3.65% 3.63%
Price to Book 2.88 x 3.31 x 4.18 x - 2.37 x 1.68 x 1.56 x 1.43 x
Nbr of stocks (in thousands) 46,943 46,899 46,943 46,943 46,943 46,943 - -
Reference price 2 89.65 98.20 155.6 85.95 101.2 75.40 75.40 75.40
Announcement Date 3/25/20 3/2/21 3/2/22 2/28/23 3/27/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,306 1,532 2,282 3,066 3,621 3,907 4,256 4,583
EBITDA 1 1,089 409.4 849.2 1,143 1,326 1,371 1,493 1,638
EBIT 1 379.7 -48.7 479.2 588.8 573.2 534.1 646.9 717.8
Operating Margin 11.48% -3.18% 20.99% 19.2% 15.83% 13.67% 15.2% 15.66%
Earnings before Tax (EBT) 1 337.4 -81.55 442.2 550.2 464.3 398.4 506.8 564.3
Net income 1 234.3 -33.25 313.1 385.7 335.1 281.3 358.7 400.5
Net margin 7.09% -2.17% 13.72% 12.58% 9.26% 7.2% 8.43% 8.74%
EPS 2 4.970 -0.7300 6.680 8.220 7.140 5.995 7.633 8.641
Free Cash Flow 1 -85.46 681.9 -5.95 - -157.3 188.5 251.8 256.2
FCF margin -2.58% 44.51% -0.26% - -4.34% 4.82% 5.92% 5.59%
FCF Conversion (EBITDA) - 166.57% - - - 13.75% 16.86% 15.64%
FCF Conversion (Net income) - - - - - 67% 70.19% 63.98%
Dividend per Share 2 - - 3.700 - 3.900 3.617 4.010 4.461
Announcement Date 3/25/20 3/2/21 3/2/22 2/28/23 3/27/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 831 652.4 580.8 743.8 1,325 997.1 744.5 695.1 925.1 1,620 1,129 780.2 1,007 1,237 940.1
EBITDA 1 - - - 169.2 - 329.1 - - 177.6 250.7 - 25.4 204.5 315.3 -
EBIT 1 - 135.3 - 137.5 - 292.1 57.63 - 157.4 - 280.3 3.242 170.5 277.3 160
Operating Margin - 20.73% - 18.48% - 29.3% 7.74% - 17.01% - 24.83% 0.42% 16.93% 22.41% 17.02%
Earnings before Tax (EBT) 1 64.2 124.7 - 129.8 223.2 283.1 43.86 33.25 131.9 165.1 246.9 -27.47 134.5 246.9 127.5
Net income - - - 93.82 - - - - - - 183 - - - -
Net margin - - - 12.61% - - - - - - 16.21% - - - -
EPS - 1.340 - 1.990 - 4.280 - - 2.060 2.530 - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 8/12/21 3/2/22 5/10/22 8/10/22 8/10/22 11/9/22 2/28/23 5/11/23 8/8/23 8/8/23 11/8/23 5/7/24 - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,267 1,625 1,736 - 3,292 3,563 3,627 3,797
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3 x 3.969 x 2.044 x - 2.483 x 2.599 x 2.429 x 2.318 x
Free Cash Flow 1 -85.5 682 -5.95 - -157 189 252 256
ROE (net income / shareholders' equity) 16.9% -2.23% 19.9% - 16.8% 13.7% 15.8% 16.1%
ROA (Net income/ Total Assets) 4.1% -0.62% 7% - 5.59% 4.17% 4.92% 5.38%
Assets 1 5,721 5,339 4,475 - 6,000 6,752 7,283 7,443
Book Value Per Share 2 31.10 29.70 37.20 - 42.70 44.90 48.30 52.80
Cash Flow per Share 2 -1.340 - 1.690 - -1.920 -4.910 -0.6400 0.0300
Capex 1 46.1 22.2 35 - 61.3 63 70 72.2
Capex / Sales 1.4% 1.45% 1.53% - 1.69% 1.61% 1.65% 1.58%
Announcement Date 3/25/20 3/2/21 3/2/22 2/28/23 3/27/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
75.4 EUR
Average target price
114.1 EUR
Spread / Average Target
+51.36%
Consensus