BAYWA AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 32.5 EUR | -0.31% |
|
-8.96% | -17.09% |
| Apr. 17 | BAYWA : Warburg Research is Neutral | ZD |
| Apr. 02 | BAYWA : DZ Bank gives a Neutral rating | ZD |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 998.3 | 1,169 | 1,387 | 1,561 | 1,132 | 821.9 | - | - |
| Enterprise Value (EV) 1 | 4,383 | 4,332 | 4,066 | 6,618 | 1,132 | 5,809 | 5,895 | 6,187 |
| P/E ratio | 43.5 x | 53.2 x | 30.1 x | 13.9 x | -13.8 x | 60.2 x | 5.2 x | 17.4 x |
| Yield | 3.21% | 2.76% | 2.14% | 1.82% | - | 0.46% | 0.92% | 1.54% |
| Capitalization / Revenue | 0.06 x | 0.07 x | 0.07 x | 0.06 x | 0.05 x | 0.03 x | 0.03 x | 0.03 x |
| EV / Revenue | 0.26 x | 0.25 x | 0.2 x | 0.24 x | 0.05 x | 0.24 x | 0.24 x | 0.24 x |
| EV / EBITDA | 10.9 x | 9.25 x | 7.36 x | 7.98 x | 1.93 x | 8.59 x | 8.54 x | 8.31 x |
| EV / FCF | -12.1 x | 10.8 x | -4.94 x | -10.5 x | - | 26 x | 40.4 x | -15.5 x |
| FCF Yield | -8.24% | 9.23% | -20.2% | -9.53% | - | 3.85% | 2.48% | -6.45% |
| Price to Book | 1.02 x | 1.33 x | 1.66 x | 2.16 x | - | 1.28 x | 1 x | 0.93 x |
| Nbr of stocks (in thousands) | 35,279 | 35,260 | 35,645 | 35,625 | 35,860 | 36,130 | - | - |
| Reference price 2 | 29.60 | 36.20 | 49.00 | 60.60 | 39.20 | 32.50 | 32.50 | 32.50 |
| Announcement Date | 3/26/20 | 3/25/21 | 3/23/22 | 3/30/23 | 3/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17,059 | 17,155 | 19,839 | 27,062 | 23,948 | 23,862 | 24,251 | 25,428 |
| EBITDA 1 | 403 | 468.4 | 552.8 | 828.8 | 587.3 | 676.1 | 690.2 | 744.8 |
| EBIT 1 | 188.4 | 215.2 | 266.6 | 504.1 | 304 | 357.6 | 376.1 | 405 |
| Operating Margin | 1.1% | 1.25% | 1.34% | 1.86% | 1.27% | 1.5% | 1.55% | 1.59% |
| Earnings before Tax (EBT) 1 | 79.2 | 111.2 | 160.6 | 319.6 | -37.7 | 57.27 | 94.07 | 134.6 |
| Net income 1 | 36.7 | 36.6 | 70.7 | 168.1 | -98.1 | 20.23 | 226.9 | 71.4 |
| Net margin | 0.22% | 0.21% | 0.36% | 0.62% | -0.41% | 0.08% | 0.94% | 0.28% |
| EPS 2 | 0.6800 | 0.6800 | 1.630 | 4.360 | -2.840 | 0.5400 | 6.255 | 1.870 |
| Free Cash Flow 1 | -361.4 | 400 | -822.9 | -630.4 | - | 223.8 | 146.1 | -399.2 |
| FCF margin | -2.12% | 2.33% | -4.15% | -2.33% | - | 0.94% | 0.6% | -1.57% |
| FCF Conversion (EBITDA) | - | 85.4% | - | - | - | 33.1% | 21.16% | - |
| FCF Conversion (Net income) | - | 1,092.9% | - | - | - | 1,105.85% | 64.37% | - |
| Dividend per Share 2 | 0.9500 | 1.000 | 1.050 | 1.100 | - | 0.1500 | 0.3000 | 0.5000 |
| Announcement Date | 3/26/20 | 3/25/21 | 3/23/22 | 3/30/23 | 3/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2024 Q1 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 6,280 | 6,279 | 12,559 | 5,633 | 5,872 |
| EBITDA 1 | - | - | - | - | - | 161 |
| EBIT 1 | 144.9 | - | 90.3 | 186.9 | 36.9 | 91.8 |
| Operating Margin | - | - | 1.44% | 1.49% | 0.66% | 1.56% |
| Earnings before Tax (EBT) 1 | - | 14.6 | - | - | -56.7 | 11 |
| Net income | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| EPS 2 | - | - | -0.1400 | -0.0100 | -0.6700 | 0.0700 |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 6/30/22 | 5/11/23 | 8/3/23 | 8/3/23 | 11/9/23 | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,385 | 3,163 | 2,679 | 5,057 | - | 4,987 | 5,073 | 5,365 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 8.4 x | 6.753 x | 4.846 x | 6.102 x | - | 7.377 x | 7.35 x | 7.203 x |
| Free Cash Flow 1 | -361 | 400 | -823 | -630 | - | 224 | 146 | -399 |
| ROE (net income / shareholders' equity) | 6.17% | 3.79% | 7.67% | 16.7% | - | 2.52% | 22.9% | 2.1% |
| ROA (Net income/ Total Assets) | 0.75% | 0.41% | - | - | - | - | - | - |
| Assets 1 | 4,919 | 8,946 | - | - | - | - | - | - |
| Book Value Per Share 2 | 29.10 | 27.20 | 29.50 | 28.00 | - | 25.40 | 32.50 | 35.00 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 292 | 332 | 239 | 379 | - | 550 | 512 | 529 |
| Capex / Sales | 1.71% | 1.94% | 1.2% | 1.4% | - | 2.3% | 2.11% | 2.08% |
| Announcement Date | 3/26/20 | 3/25/21 | 3/23/22 | 3/30/23 | 3/28/24 | - | - | - |
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
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
32.5
EUR
Average target price
28.75
EUR
Spread / Average Target
-11.54%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -17.09% | 877M | |
| -1.09% | 1.92B | |
| -11.82% | 1.66B | |
| +3.85% | 1.35B | |
| -10.34% | 998M | |
| -15.38% | 991M | |
| -9.65% | 975M | |
| +10.38% | 732M | |
| -2.24% | 441M | |
| -66.86% | 357M |
- Stock Market
- Equities
- BYW Stock
- Financials BayWa AG
