BANCA MEDIOLANUM S.P

BMED
Real-time Estimate Quote. Real-time Estimate  - 08/12 08:57:46 am
6.914EUR +0.44%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 6 3925 075
Enterprise Value (EV)1 6 8014 723
P/E ratio 8,99x12,0x
Yield 5,30%6,97%
Capitalization / Revenue 3,14x2,43x
EV / Revenue 3,34x2,26x
EV / EBITDA 5,07x8,03x
Price to Book 2,22x1,72x
Nbr of stocks (in thousands) 736 438737 167
Reference price (EUR) 8,686,88
Announcement Date 02/10/2022-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 2 0362 086
EBITDA1 1 343588
Operating profit (EBIT)1 1 304576
Operating Margin 64,0%27,6%
Pre-Tax Profit (EBT)1 890521
Net income1 713418
Net margin 35,0%20,0%
EPS2 0,970,57
Dividend per Share2 0,460,48
Announcement Date 02/10/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 409-
Net Cash position1 -352
Leverage (Debt / EBITDA) 0,30x-0,60x
Free Cash Flow1 848406
ROE (Net Profit / Equities) 25,4%14,5%
Shareholders' equity1 2 8112 873
ROA (Net Profit / Asset) --
Assets1 --
Book Value Per Share2 3,913,99
Cash Flow per Share2 1,231,23
Capex1 60,863,7
Capex / Sales 2,99%3,05%
Announcement Date 02/10/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 5 075 M € -
Enterprise Value (EV) 4 723 M € 4 556 M €
Valuation 2022e 2023e
P/E ratio (Price / EPS) 12,0x 9,81x
Capitalization / Revenue 2,43x 2,22x
EV / Revenue 2,26x 2,07x
EV / EBITDA 8,03x 6,98x
Yield (DPS / Price) 6,97% 7,18%
Price to book (Price / BVPS) 1,72x 1,65x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 27,6% 30,8%
Operating Leverage (Delta EBIT / Delta Sales) - 2,35x
Net Margin (Net Profit / Revenue) 20,0% 22,6%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 14,5% 17,3%
Rate of Dividend 83,8% 70,5%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   3,05% 2,84%
Cash Flow / CA 43,6% 43,3%
Capital Intensity (Assets / Revenue) - -
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend