Real-time Estimate
Cboe BZX
12:36:30 2024-05-23 pm EDT
|
5-day change
|
1st Jan Change
|
37.46
USD
|
-2.79%
|
|
-5.20%
|
+0.03%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,132
|
11,599
|
13,570
|
12,519
|
10,203
|
10,539
|
-
|
-
|
Enterprise Value (EV)
1 |
11,348
|
17,308
|
19,618
|
19,335
|
17,265
|
18,097
|
18,611
|
19,247
|
P/E ratio
|
45.1
x
|
42.2
x
|
32.1
x
|
27
x
|
20.1
x
|
18.6
x
|
18.1
x
|
17.3
x
|
Yield
|
1.93%
|
2.05%
|
1.93%
|
2.33%
|
3.18%
|
3.32%
|
3.54%
|
3.77%
|
Capitalization / Revenue
|
11.4
x
|
7.93
x
|
7.23
x
|
5.47
x
|
4.97
x
|
5.02
x
|
4.37
x
|
4.06
x
|
EV / Revenue
|
12.8
x
|
11.8
x
|
10.4
x
|
8.45
x
|
8.41
x
|
8.62
x
|
7.72
x
|
7.42
x
|
EV / EBITDA
|
22.8
x
|
23.4
x
|
21.8
x
|
19.7
x
|
16.7
x
|
15.5
x
|
14.1
x
|
13.2
x
|
EV / FCF
|
-
|
-52.8
x
|
-52.2
x
|
-41.8
x
|
-65
x
|
-421
x
|
-55.2
x
|
-68.7
x
|
FCF Yield
|
-
|
-1.89%
|
-1.92%
|
-2.39%
|
-1.54%
|
-0.24%
|
-1.81%
|
-1.45%
|
Price to Book
|
2.67
x
|
2.48
x
|
2.67
x
|
2.34
x
|
1.73
x
|
1.69
x
|
1.61
x
|
1.54
x
|
Nbr of stocks (in thousands)
|
215,841
|
245,272
|
252,743
|
262,291
|
273,166
|
273,524
|
-
|
-
|
Reference price
2 |
46.94
|
47.29
|
53.69
|
47.73
|
37.35
|
38.53
|
38.53
|
38.53
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
2/27/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
889.7
|
1,463
|
1,878
|
2,288
|
2,054
|
2,100
|
2,412
|
2,594
|
EBITDA
1 |
496.6
|
740.3
|
900.7
|
982.4
|
1,036
|
1,169
|
1,323
|
1,460
|
EBIT
1 |
340.2
|
483.3
|
602.7
|
661.2
|
692.1
|
830.7
|
930.3
|
1,043
|
Operating Margin
|
38.23%
|
33.04%
|
32.09%
|
28.9%
|
33.7%
|
39.55%
|
38.57%
|
40.22%
|
Earnings before Tax (EBT)
1 |
211.5
|
265
|
422
|
450.9
|
431.8
|
558.8
|
648.5
|
705.3
|
Net income
1 |
224.5
|
284.8
|
431.6
|
465.2
|
498.2
|
569.2
|
599.1
|
650.9
|
Net margin
|
25.24%
|
19.47%
|
22.98%
|
20.33%
|
24.26%
|
27.1%
|
24.84%
|
25.09%
|
EPS
2 |
1.040
|
1.120
|
1.670
|
1.770
|
1.860
|
2.073
|
2.125
|
2.231
|
Free Cash Flow
1 |
-
|
-327.6
|
-375.8
|
-462.5
|
-265.5
|
-43
|
-337.4
|
-280
|
FCF margin
|
-
|
-22.4%
|
-20.01%
|
-20.21%
|
-12.93%
|
-2.05%
|
-13.99%
|
-10.8%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.9066
|
0.9700
|
1.038
|
1.110
|
1.188
|
1.278
|
1.362
|
1.452
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
2/27/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
535.7
|
699.3
|
448.8
|
434.6
|
705.4
|
726.4
|
436.7
|
411.3
|
479.4
|
612.1
|
444.7
|
423.7
|
516.8
|
818
|
454
|
EBITDA
|
215.9
|
306
|
216.9
|
208.6
|
250.9
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
139.6
|
227.6
|
137.7
|
125.9
|
170
|
-
|
155.2
|
-
|
174
|
230.7
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
26.06%
|
32.55%
|
30.69%
|
28.96%
|
24.09%
|
-
|
35.55%
|
-
|
36.29%
|
37.69%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
90.39
|
73.44
|
104.9
|
-
|
91
|
76.36
|
104.6
|
255.1
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
116.5
|
199.4
|
82.29
|
68.64
|
114.9
|
191.4
|
91.27
|
80.08
|
135.4
|
265.8
|
99.16
|
88.79
|
164.2
|
-
|
-
|
Net margin
|
21.75%
|
28.51%
|
18.34%
|
15.79%
|
16.29%
|
26.35%
|
20.9%
|
19.47%
|
28.25%
|
43.42%
|
22.3%
|
20.96%
|
31.76%
|
-
|
-
|
EPS
2 |
0.4400
|
0.7600
|
0.3100
|
0.2600
|
0.4400
|
0.7200
|
0.3400
|
0.3000
|
0.5000
|
0.9700
|
0.3606
|
0.3182
|
0.5320
|
0.6900
|
0.4800
|
Dividend per Share
2 |
0.2682
|
0.2682
|
0.2682
|
0.2870
|
0.2870
|
0.2870
|
0.2870
|
0.3071
|
0.3071
|
-
|
0.3171
|
0.3270
|
0.3270
|
0.3475
|
0.3475
|
Announcement Date
|
2/23/22
|
5/9/22
|
8/3/22
|
11/7/22
|
2/27/23
|
5/8/23
|
8/7/23
|
11/6/23
|
2/22/24
|
5/2/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,216
|
5,709
|
6,048
|
6,816
|
7,062
|
7,558
|
8,072
|
8,708
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.449
x
|
7.712
x
|
6.715
x
|
6.939
x
|
6.818
x
|
6.466
x
|
6.104
x
|
5.963
x
|
Free Cash Flow
1 |
-
|
-328
|
-376
|
-462
|
-266
|
-43
|
-337
|
-280
|
ROE (net income / shareholders' equity)
|
7.62%
|
6.65%
|
8.75%
|
8.81%
|
8.84%
|
8.84%
|
8.99%
|
9.16%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
3.04%
|
3.06%
|
3.06%
|
3.1%
|
3.1%
|
3.2%
|
Assets
1 |
-
|
-
|
14,182
|
15,189
|
16,280
|
18,360
|
19,326
|
20,339
|
Book Value Per Share
2 |
17.60
|
19.10
|
20.10
|
20.40
|
21.60
|
22.70
|
23.90
|
25.10
|
Cash Flow per Share
|
1.580
|
2.210
|
2.900
|
3.050
|
2.980
|
-
|
-
|
-
|
Capex
1 |
550
|
836
|
1,021
|
1,063
|
1,199
|
1,390
|
1,532
|
1,457
|
Capex / Sales
|
61.85%
|
57.13%
|
54.34%
|
46.45%
|
58.38%
|
66.16%
|
63.53%
|
56.16%
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
2/27/23
|
2/22/24
|
-
|
-
|
-
|
Last Close Price
38.53
USD Average target price
44
USD Spread / Average Target +14.19% Consensus |
1st Jan change
|
Capi.
|
---|
| +0.50% | 10.54B | | -2.95% | 10.05B | | -0.85% | 9.95B | | -3.35% | 9.35B | | -0.90% | 3.03B | | +8.55% | 3.03B | | +29.17% | 3.01B | | -6.58% | 2.86B | | +19.47% | 1.86B | | -4.08% | 1.8B |
Other Water Utilities
|