Financials Worldline

Equities

WLN

FR0011981968

Financial Technology (Fintech)

Market Closed - Euronext Paris 11:35:16 2024-06-14 EDT 5-day change 1st Jan Change
10.35 EUR -4.48% Intraday chart for Worldline -14.74% -33.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,489 22,074 13,747 10,293 4,434 2,932 - -
Enterprise Value (EV) 1 12,131 25,240 16,872 12,495 6,245 4,623 4,172 3,438
P/E ratio 37.4 x 97.7 x -18.2 x 34.8 x -5.4 x 17.2 x 8.36 x 6.02 x
Yield - - - - - - - -
Capitalization / Revenue 4.82 x 8.03 x 3.73 x 2.36 x 0.96 x 0.62 x 0.59 x 0.55 x
EV / Revenue 5.09 x 9.18 x 4.57 x 2.86 x 1.35 x 0.97 x 0.84 x 0.65 x
EV / EBITDA 21.6 x 36.1 x 18.1 x 11 x 5.63 x 4.04 x 3.31 x 2.51 x
EV / FCF 42.2 x 85.7 x 41.4 x 24 x 17.6 x 20.6 x 8.59 x 5.15 x
FCF Yield 2.37% 1.17% 2.41% 4.16% 5.69% 4.86% 11.6% 19.4%
Price to Book 3.58 x 1.73 x 1.52 x 1.1 x 0.52 x 0.33 x 0.32 x 0.3 x
Nbr of stocks (in thousands) 181,936 279,070 280,485 281,767 282,975 283,273 - -
Reference price 2 63.15 79.10 49.01 36.53 15.67 10.35 10.35 10.35
Announcement Date 20-02-03 21-02-24 22-02-22 23-02-21 24-02-28 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,382 2,748 3,689 4,364 4,610 4,756 4,994 5,293
EBITDA 1 561.5 700 933 1,133 1,110 1,143 1,261 1,368
EBIT 1 442.6 520.5 668.1 864.1 790 847.2 940 1,023
Operating Margin 18.58% 18.94% 18.11% 19.8% 17.14% 17.81% 18.82% 19.33%
Earnings before Tax (EBT) 1 416 216.9 266.2 294.1 -918.2 208.8 576.2 727.1
Net income 1 311 164 -751 299 -817 188.6 368.3 505.4
Net margin 13.06% 5.97% -20.36% 6.85% -17.72% 3.97% 7.37% 9.55%
EPS 2 1.688 0.8100 -2.690 1.050 -2.900 0.6017 1.238 1.719
Free Cash Flow 1 287.6 294.5 407.1 520 355.1 224.9 485.8 667.8
FCF margin 12.07% 10.72% 11.04% 11.92% 7.7% 4.73% 9.73% 12.62%
FCF Conversion (EBITDA) 51.22% 42.07% 43.63% 45.9% 31.99% 19.67% 38.53% 48.84%
FCF Conversion (Net income) 92.48% 179.57% - 173.91% - 119.24% 131.9% 132.16%
Dividend per Share 2 - - - - - - - -
Announcement Date 20-02-03 21-02-24 22-02-22 23-02-21 24-02-28 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 1,230 1,089 1,659 2,272 960 1,035 1,417 939 1,081 2,020 1,158 1,186 2,344 1,070 1,172 2,242 1,182 1,187 2,368 1,097 1,186 2,287 1,209 1,220 2,438
EBITDA - 246 454 531.5 - - 401.5 - 95.3 468 - - 665 - - 518 - - 592 - - 539 - - 610
EBIT 245.7 165.3 355.2 394 - - 274.1 - - 346 - - 518.1 - - 365.1 - - 424.9 - - 389 - - 451
Operating Margin 19.98% 15.18% 21.41% 17.34% - - 19.34% - - 17.13% - - 22.1% - - 16.28% - - 17.94% - - 17.01% - - 18.5%
Earnings before Tax (EBT) - 69.3 147.6 131 - - 135.4 - - 76 - - 218.1 - - 104.6 - - - - - - - - -
Net income - 53 111 102 - - -853 - - -42 - - 341 - - 81 - - -898 - - 10 - - 22
Net margin - 4.87% 6.69% 4.49% - - -60.2% - - -2.08% - - 14.55% - - 3.61% - - -37.92% - - 0.44% - - 0.9%
EPS 0.9200 0.2865 0.5200 0.3548 - - -3.045 - - -0.1499 - - 1.200 - - 0.2900 - - -3.190 - - 0.0400 - - 0.0800
Dividend per Share - - - - - - - - - - - - - - - - - - - - - - - - -
Announcement Date 20-02-03 20-07-23 21-02-24 21-07-27 21-10-26 22-02-22 22-02-22 22-04-27 22-07-27 22-07-27 22-10-25 23-02-21 23-02-21 23-04-26 23-07-26 23-07-26 23-10-25 24-02-28 24-02-28 24-05-02 - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 641 3,165 3,126 2,202 1,811 1,691 1,240 506
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.142 x 4.522 x 3.35 x 1.944 x 1.631 x 1.479 x 0.9837 x 0.3701 x
Free Cash Flow 1 288 295 407 520 355 225 486 668
ROE (net income / shareholders' equity) 9.13% 5.68% 4.75% 5.92% 5.8% 6.85% 7.56% 8.39%
ROA (Net income/ Total Assets) 4.54% 2.7% 2.22% 2.6% 2.39% 2.21% 2.7% 3%
Assets 1 6,848 6,074 -33,891 11,495 -34,178 8,528 13,635 16,848
Book Value Per Share 2 17.60 45.60 32.20 33.30 30.30 31.20 32.40 34.30
Cash Flow per Share 2 2.300 2.460 3.350 3.630 2.810 2.190 2.910 3.390
Capex 1 114 155 226 325 333 348 366 367
Capex / Sales 4.78% 5.65% 6.12% 7.45% 7.22% 7.31% 7.33% 6.93%
Announcement Date 20-02-03 21-02-24 22-02-22 23-02-21 24-02-28 - - -
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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
20
Last Close Price
10.35 EUR
Average target price
14.66 EUR
Spread / Average Target
+41.63%
Consensus