Financials Unieuro S.p.A.

Equities

Real-time Borsa Italiana Other stock markets 04:08:32 2024-05-06 EDT			5-day change	1st Jan Change
9.15 ^EUR	+0.55%		+0.55%	-11.85%

04-29	Citadel Advisor moves on Unieuro and doValue.	AN
04-16	Mid & Small" conference kicks off in London with Made in Italy champions	AN

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	228	223.2	316.9	366.4	225.3	185	-	-
Enterprise Value (EV) ¹	207.5	193.6	162.1	230.7	100.9	155	146.7	563
P/E ratio	7.92 x	8.72 x	5.85 x	8.12 x	22 x	-17.8 x	8.31 x	6.59 x
Yield	9.39%	9.59%	16.6%	7.63%	4.37%	3.74%	6.7%	8.13%
Capitalization / Revenue	0.11 x	0.09 x	0.12 x	0.12 x	0.08 x	0.07 x	0.07 x	0.07 x
EV / Revenue	0.1 x	0.08 x	0.06 x	0.08 x	0.03 x	0.06 x	0.05 x	0.2 x
EV / EBITDA	2.82 x	2.36 x	0.91 x	1.36 x	0.72 x	1.07 x	0.98 x	3.64 x
EV / FCF	-	3.25 x	-	4.67 x	4.37 x	-25.8 x	6.99 x	20.9 x
FCF Yield	-	30.7%	-	21.4%	22.9%	-3.87%	14.3%	4.8%
Price to Book	2.51 x	2.32 x	2.07 x	2.57 x	1.81 x	1.76 x	1.53 x	1.32 x
Nbr of stocks (in thousands)	20,000	20,000	20,208	20,699	20,099	20,330	-	-
Reference price ²	11.40	11.16	15.68	17.70	11.21	9.100	9.100	9.100
Announcement Date	19-05-08	20-05-06	21-05-07	22-05-11	23-05-10	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,104	2,445	2,685	2,950	2,884	2,655	2,737	2,813
EBITDA ¹	73.6	82.1	178	169.4	141	144.8	149.3	154.8
EBIT ¹	46.4	53.1	86.8	72.1	34.8	33.21	41.1	47
Operating Margin	2.2%	2.17%	3.23%	2.44%	1.21%	1.25%	1.5%	1.67%
Earnings before Tax (EBT) ¹	27	31.1	58.9	44.7	11	6.721	21.41	-
Net income ¹	-	29.1	-	44.6	10.2	-11	26	28
Net margin	-	1.19%	-	1.51%	0.35%	-0.41%	0.95%	1%
EPS ²	1.440	1.280	2.680	2.180	0.5100	-0.5100	1.095	1.380
Free Cash Flow ¹	-	59.5	-	49.4	23.1	-6	21	27
FCF margin	-	2.43%	-	1.67%	0.8%	-0.23%	0.77%	0.96%
FCF Conversion (EBITDA)	-	72.47%	-	29.16%	16.38%	-	14.07%	17.44%
FCF Conversion (Net income)	-	204.47%	-	110.76%	226.47%	-	80.77%	96.43%
Dividend per Share ²	1.070	1.070	2.600	1.350	0.4900	0.3400	0.6100	0.7400
Announcement Date	19-05-08	20-05-06	21-05-07	22-05-11	23-05-10	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	378
Net Cash position ¹	20.5	29.6	155	136	124	30	38.3	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	2.442 x
Free Cash Flow ¹	-	59.5	-	49.4	23.1	-6	21	27
ROE (net income / shareholders' equity)	50.8%	48%	53.6%	37%	14.7%	17.3%	25%	21.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	4.540	4.810	7.560	6.880	6.200	5.170	5.930	6.900
Cash Flow per Share ²	4.120	6.640	10.50	7.450	5.890	1.460	3.180	-
Capex ¹	32.1	-	-	52.1	35.4	35.7	37	38
Capex / Sales	1.53%	-	-	1.77%	1.23%	1.34%	1.35%	1.35%
Announcement Date	19-05-08	20-05-06	21-05-07	22-05-11	23-05-10	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

9.1 EUR

Average target price

11.88 EUR

Spread / Average Target

+30.49%

	1st Jan change	Capi.
UNIEURO S.P.A.	-11.85%	199M
YAMADA HOLDINGS CO., LTD.	+2.28%	2.03B
SUNING.COM CO., LTD.	-13.56%	1.94B
K'S HOLDINGS CORPORATION	+13.06%	1.71B
AO WORLD PLC	+9.41%	778M
MIDWICH GROUP PLC	-1.60%	548M
ADITYA VISION LIMITED	+0.67%	537M
ELECTRA CONSUMER PRODUCTS (1970) LTD	+9.52%	501M
JOSHIN DENKI CO., LTD.	+5.27%	436M
KOJIMA CO.,LTD.	+2.81%	405M