Financials VIGO Photonics S.A.

Equities

VGO

PLVIGOS00015

Electronic Equipment & Parts

Market Closed - Warsaw S.E. 11:55:50 2024-06-27 EDT 5-day change 1st Jan Change
584 PLN +0.34% Intraday chart for VIGO Photonics S.A. +8.15% +19.18%

Valuation

Fiscal Period: December 2018 2019 2021 2022 2023 2024 2025
Capitalization 1 200.5 272.6 488.4 329.5 509.1 509.1 -
Enterprise Value (EV) 1 191.1 272.6 488.4 376.6 493.3 505.4 513.2
P/E ratio 15.4 x - 15.1 x 45.7 x 52 x 26.5 x 20.6 x
Yield - - - - - - -
Capitalization / Revenue 5.36 x 6.36 x - 4.85 x 6.66 x 5.38 x 4.23 x
EV / Revenue 5.11 x 6.36 x - 5.55 x 6.45 x 5.34 x 4.26 x
EV / EBITDA 11.8 x 14.7 x - 20.9 x 24.1 x 16.5 x 12.1 x
EV / FCF -15.2 x - - -20.5 x -23.6 x -39.8 x -59.2 x
FCF Yield -6.57% - - -4.87% -4.23% -2.51% -1.69%
Price to Book 3.7 x - - 2.38 x 2.43 x 2.23 x 2.01 x
Nbr of stocks (in thousands) 729 729 729 729 874.8 874.8 -
Reference price 2 275.0 374.0 670.0 452.0 582.0 582.0 582.0
Announcement Date 3/15/19 1/15/20 3/3/22 4/20/23 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2021 2022 2023 2024 2025
Net sales 1 37.42 42.89 - 67.87 76.43 94.59 120.4
EBITDA 1 16.23 18.6 - 18.05 20.44 30.58 42.49
EBIT 1 12.77 - - 8.704 10.64 21.72 31.28
Operating Margin 34.12% - - 12.82% 13.92% 22.96% 25.99%
Earnings before Tax (EBT) 13.04 - - - - - -
Net income 1 13.02 13.88 32.35 7.219 9.8 19 25
Net margin 34.8% 32.37% - 10.64% 12.82% 20.09% 20.77%
EPS 2 17.86 - 44.37 9.900 11.20 22.00 28.27
Free Cash Flow 1 -12.56 - - -18.36 -20.88 -12.71 -8.665
FCF margin -33.57% - - -27.05% -27.31% -13.44% -7.2%
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - - - - -
Announcement Date 3/15/19 1/15/20 3/3/22 4/20/23 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q3 2024 Q1
Net sales - 20.33 18.75 - -
EBITDA 1 - 6.493 5.604 - 2.338
EBIT 1 - 3.787 3.711 - -0.643
Operating Margin - 18.63% 19.79% - -
Earnings before Tax (EBT) 1 - - - - -0.819
Net income 1 3.048 - 2.5 0.65 -0.857
Net margin - - 13.33% - -
EPS 4.180 - - 0.8900 -
Dividend per Share - - - - -
Announcement Date 11/4/22 4/20/23 5/23/23 11/15/23 5/28/24
1PLN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2021 2022 2023 2024 2025
Net Debt 1 - - - 47.1 - - 4.06
Net Cash position 1 9.35 - - - 15.8 3.74 -
Leverage (Debt/EBITDA) - - - 2.61 x - - 0.0954 x
Free Cash Flow 1 -12.6 - - -18.4 -20.9 -12.7 -8.67
ROE (net income / shareholders' equity) 27.3% - - 5.35% 4.16% 7.1% 9.82%
ROA (Net income/ Total Assets) 17.8% - - 3.06% 2.57% 4.56% 6.06%
Assets 1 73.32 - - 236 382.1 417.1 412.5
Book Value Per Share 2 74.40 - - 190.0 240.0 262.0 290.0
Cash Flow per Share - - - - - - -
Capex 1 21.6 - - 22.1 33.2 55.8 56.3
Capex / Sales 57.82% - - 32.61% 43.44% 58.99% 46.76%
Announcement Date 3/15/19 1/15/20 3/3/22 4/20/23 - - -
1PLN in Million2PLN
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
3
Last Close Price
582 PLN
Average target price
594.3 PLN
Spread / Average Target
+2.12%
Consensus

Quarterly revenue - Rate of surprise

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