Real-time Estimate
Cboe Europe
06:47:05 2024-05-23 am EDT
|
5-day change
|
1st Jan Change
|
1,961
GBX
|
+1.18%
|
|
-1.71%
|
+8.50%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
17,241
|
12,852
|
14,614
|
17,381
|
14,797
|
16,709
|
-
|
-
|
Enterprise Value (EV)
1 |
28,589
|
23,177
|
23,400
|
25,786
|
22,823
|
24,923
|
24,947
|
24,432
|
P/E ratio
|
17.3
x
|
8.65
x
|
5.21
x
|
11.3
x
|
6.65
x
|
8.01
x
|
7.2
x
|
6.86
x
|
Yield
|
11.3%
|
10.1%
|
8.92%
|
7.61%
|
8.81%
|
7.82%
|
8.34%
|
8.74%
|
Capitalization / Revenue
|
1.91
x
|
1.43
x
|
1.68
x
|
1.97
x
|
1.56
x
|
1.74
x
|
1.73
x
|
1.7
x
|
EV / Revenue
|
3.17
x
|
2.58
x
|
2.7
x
|
2.92
x
|
2.41
x
|
2.6
x
|
2.58
x
|
2.49
x
|
EV / EBITDA
|
5.64
x
|
5.6
x
|
6.09
x
|
6.55
x
|
5.49
x
|
5.92
x
|
5.74
x
|
5.46
x
|
EV / FCF
|
10.1
x
|
6.22
x
|
15.4
x
|
10.1
x
|
9.65
x
|
8.67
x
|
8.57
x
|
8.76
x
|
FCF Yield
|
9.89%
|
16.1%
|
6.51%
|
9.94%
|
10.4%
|
11.5%
|
11.7%
|
11.4%
|
Price to Book
|
3.53
x
|
2.65
x
|
2.75
x
|
2.56
x
|
2.55
x
|
2.78
x
|
2.76
x
|
2.68
x
|
Nbr of stocks (in thousands)
|
943,066
|
939,802
|
937,666
|
936,986
|
887,651
|
852,268
|
-
|
-
|
Reference price
2 |
18.28
|
13.68
|
15.58
|
18.55
|
16.67
|
19.60
|
19.60
|
19.60
|
Announcement Date
|
11/5/19
|
11/17/20
|
11/16/21
|
11/15/22
|
11/14/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
9,013
|
9,000
|
8,679
|
8,839
|
9,478
|
9,600
|
9,683
|
9,820
|
EBITDA
1 |
5,065
|
4,136
|
3,842
|
3,938
|
4,157
|
4,208
|
4,350
|
4,472
|
EBIT
1 |
3,749
|
3,527
|
3,573
|
3,694
|
3,887
|
3,967
|
4,122
|
4,236
|
Operating Margin
|
41.6%
|
39.19%
|
41.17%
|
41.79%
|
41.01%
|
41.33%
|
42.57%
|
43.14%
|
Earnings before Tax (EBT)
1 |
1,690
|
2,166
|
3,238
|
2,551
|
3,111
|
3,063
|
3,222
|
3,206
|
Net income
1 |
1,010
|
1,495
|
2,834
|
1,570
|
2,328
|
2,213
|
2,304
|
2,305
|
Net margin
|
11.21%
|
16.61%
|
32.65%
|
17.76%
|
24.56%
|
23.05%
|
23.79%
|
23.47%
|
EPS
2 |
1.058
|
1.581
|
2.991
|
1.647
|
2.508
|
2.449
|
2.723
|
2.859
|
Free Cash Flow
1 |
2,827
|
3,728
|
1,524
|
2,562
|
2,364
|
2,876
|
2,910
|
2,789
|
FCF margin
|
31.37%
|
41.42%
|
17.56%
|
28.99%
|
24.94%
|
29.95%
|
30.06%
|
28.4%
|
FCF Conversion (EBITDA)
|
55.81%
|
90.14%
|
39.67%
|
65.06%
|
56.87%
|
68.34%
|
66.91%
|
62.36%
|
FCF Conversion (Net income)
|
279.9%
|
249.36%
|
53.78%
|
163.18%
|
101.55%
|
129.93%
|
126.34%
|
121.01%
|
Dividend per Share
2 |
2.066
|
1.377
|
1.391
|
1.412
|
1.468
|
1.533
|
1.636
|
1.714
|
Announcement Date
|
11/5/19
|
11/17/20
|
11/16/21
|
11/15/22
|
11/14/23
|
-
|
-
|
-
|
Fiscal Period: September |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
3,997
|
5,003
|
4,104
|
4,575
|
3,997
|
4,842
|
4,394
|
5,084
|
4,384
|
5,241
|
4,542
|
5,283
|
EBITDA
1 |
-
|
2,289
|
1,750
|
2,092
|
1,725
|
2,213
|
-
|
2,300
|
1,812
|
2,419
|
-
|
-
|
EBIT
1 |
1,469
|
2,058
|
1,589
|
1,984
|
1,600
|
2,094
|
-
|
2,171
|
1,669
|
2,288
|
-
|
-
|
Operating Margin
|
36.75%
|
41.14%
|
38.72%
|
43.37%
|
40.03%
|
43.25%
|
-
|
42.7%
|
38.07%
|
43.66%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
1,381
|
2,059
|
1,179
|
-
|
1,295
|
-
|
-
|
1,144
|
1,845
|
1,436
|
1,951
|
Net income
1 |
-
|
-
|
1,806
|
1,028
|
-
|
575
|
-
|
1,234
|
846
|
1,312
|
1,021
|
1,387
|
Net margin
|
-
|
-
|
44.01%
|
22.47%
|
-
|
11.88%
|
-
|
24.27%
|
19.3%
|
25.04%
|
22.48%
|
26.25%
|
EPS
2 |
-
|
-
|
1.909
|
1.082
|
-
|
0.5990
|
-
|
1.347
|
0.9560
|
1.451
|
1.145
|
1.577
|
Dividend per Share
2 |
0.4170
|
0.9600
|
0.4210
|
0.9698
|
0.4254
|
0.9863
|
-
|
1.036
|
-
|
1.090
|
-
|
-
|
Announcement Date
|
5/19/20
|
11/17/20
|
5/18/21
|
11/16/21
|
5/17/22
|
11/15/22
|
5/16/23
|
11/14/23
|
5/15/24
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
11,348
|
10,325
|
8,786
|
8,405
|
8,026
|
8,214
|
8,238
|
7,723
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.24
x
|
2.496
x
|
2.287
x
|
2.134
x
|
1.931
x
|
1.952
x
|
1.894
x
|
1.727
x
|
Free Cash Flow
1 |
2,827
|
3,728
|
1,524
|
2,562
|
2,364
|
2,876
|
2,910
|
2,789
|
ROE (net income / shareholders' equity)
|
50.7%
|
30.5%
|
55.4%
|
41.1%
|
39.9%
|
41%
|
46.2%
|
53.6%
|
ROA (Net income/ Total Assets)
|
8.4%
|
4.57%
|
9.23%
|
8.36%
|
8.51%
|
7.52%
|
8.38%
|
8.48%
|
Assets
1 |
12,025
|
32,692
|
30,700
|
18,788
|
27,357
|
29,442
|
27,505
|
27,168
|
Book Value Per Share
2 |
5.180
|
5.160
|
5.660
|
7.250
|
6.530
|
7.060
|
7.120
|
7.310
|
Cash Flow per Share
2 |
3.390
|
4.260
|
2.290
|
3.340
|
3.370
|
3.630
|
3.760
|
3.480
|
Capex
1 |
409
|
302
|
200
|
230
|
325
|
315
|
321
|
325
|
Capex / Sales
|
4.54%
|
3.36%
|
2.3%
|
2.6%
|
3.43%
|
3.28%
|
3.31%
|
3.31%
|
Announcement Date
|
11/5/19
|
11/17/20
|
11/16/21
|
11/15/22
|
11/14/23
|
-
|
-
|
-
|
Last Close Price
19.6
GBP Average target price
23.46
GBP Spread / Average Target +19.68% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.61% | 21.26B | | +7.43% | 157B | | +30.15% | 6.69B | | +86.97% | 2.45B | | -4.99% | 1.78B | | -1.68% | 1.75B | | -20.86% | 1.31B | | 0.00% | 653M | | +25.80% | 583M | | -15.81% | 452M |
Other Tobacco
|