EVN AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.15 EUR | +0.72% |
|
+4.07% | -1.05% |
| Apr. 05 | Austrian Utility EVN Ends Bidding Process for WTE Wassertechnik Subsidiary | MT |
| Mar. 26 | EVN : Model update |  |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,873 | 2,543 | 4,088 | 3,036 | 4,509 | 5,018 | - | - |
| Enterprise Value (EV) 1 | 3,872 | 3,230 | 4,902 | 4,272 | 5,619 | 6,562 | 6,600 | 6,621 |
| P/E ratio | 9.49 x | 12.8 x | 12.5 x | 14.4 x | 8.52 x | 11.2 x | 11.2 x | 11.4 x |
| Yield | 3.1% | 3.43% | 2.27% | 3.05% | 4.51% | 3.55% | 3.55% | 3.55% |
| Capitalization / Revenue | 1.3 x | 1.21 x | 1.71 x | 0.75 x | 1.2 x | 1.45 x | 1.44 x | 1.42 x |
| EV / Revenue | 1.76 x | 1.53 x | 2.05 x | 1.05 x | 1.49 x | 1.9 x | 1.9 x | 1.87 x |
| EV / EBITDA | 6.13 x | 5.47 x | 5.86 x | 5.66 x | 6.47 x | 8.19 x | 7.76 x | 7.56 x |
| EV / FCF | 102 x | 72.6 x | 13.1 x | -10.3 x | 22.4 x | 267 x | 179 x | 124 x |
| FCF Yield | 0.98% | 1.38% | 7.63% | -9.67% | 4.47% | 0.37% | 0.56% | 0.81% |
| Price to Book | 0.67 x | 0.59 x | 0.65 x | 0.43 x | 0.73 x | 0.77 x | 0.72 x | 0.67 x |
| Nbr of stocks (in thousands) | 177,995 | 178,068 | 178,138 | 178,181 | 178,219 | 178,257 | - | - |
| Reference price 2 | 16.14 | 14.28 | 22.95 | 17.04 | 25.30 | 28.15 | 28.15 | 28.15 |
| Announcement Date | 12/12/19 | 12/16/20 | 12/16/21 | 12/15/22 | 12/14/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,204 | 2,108 | 2,395 | 4,062 | 3,769 | 3,450 | 3,475 | 3,533 |
| EBITDA 1 | 631.7 | 590.4 | 836.5 | 754.8 | 869 | 801.2 | 850.7 | 876.1 |
| EBIT 1 | 403.5 | 273.1 | 386.4 | 331.6 | 528.5 | 464.5 | 497.1 | 505.6 |
| Operating Margin | 18.31% | 12.96% | 16.13% | 8.16% | 14.02% | 13.46% | 14.31% | 14.31% |
| Earnings before Tax (EBT) 1 | 373.5 | 257.3 | 366.4 | 301.2 | 656.2 | 563.6 | 590 | 592.7 |
| Net income 1 | 302.4 | 199.8 | 325.3 | 209.6 | 529.7 | 457.5 | 478.3 | 479.4 |
| Net margin | 13.72% | 9.48% | 13.58% | 5.16% | 14.06% | 13.26% | 13.76% | 13.57% |
| EPS 2 | 1.700 | 1.120 | 1.830 | 1.180 | 2.970 | 2.520 | 2.516 | 2.470 |
| Free Cash Flow 1 | 37.8 | 44.5 | 374.2 | -413.2 | 251.4 | 24.6 | 36.9 | 53.4 |
| FCF margin | 1.72% | 2.11% | 15.62% | -10.17% | 6.67% | 0.71% | 1.06% | 1.51% |
| FCF Conversion (EBITDA) | 5.98% | 7.54% | 44.73% | - | 28.93% | 3.07% | 4.34% | 6.1% |
| FCF Conversion (Net income) | 12.5% | 22.27% | 115.03% | - | 47.46% | 5.38% | 7.72% | 11.14% |
| Dividend per Share 2 | 0.5000 | 0.4900 | 0.5200 | 0.5200 | 1.140 | 1.000 | 1.000 | 1.000 |
| Announcement Date | 12/12/19 | 12/16/20 | 12/16/21 | 12/15/22 | 12/14/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2023 Q1 |
|---|---|
| Net sales 1 | 1,174 |
| EBITDA 1 | 281.7 |
| EBIT 1 | 201.1 |
| Operating Margin | 17.13% |
| Earnings before Tax (EBT) 1 | 191 |
| Net income 1 | 149.4 |
| Net margin | 12.72% |
| EPS | - |
| Dividend per Share | - |
| Announcement Date | 2/21/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,000 | 687 | 814 | 1,236 | 1,110 | 1,544 | 1,582 | 1,603 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.582 x | 1.163 x | 0.9729 x | 1.638 x | 1.277 x | 1.927 x | 1.859 x | 1.83 x |
| Free Cash Flow 1 | 37.8 | 44.5 | 374 | -413 | 251 | 24.6 | 36.9 | 53.4 |
| ROE (net income / shareholders' equity) | 7.6% | 4.66% | 6.16% | 3.15% | 8.02% | 7.2% | 7.1% | 6.6% |
| ROA (Net income/ Total Assets) | - | 2.41% | 3.34% | - | - | - | - | - |
| Assets 1 | - | 8,277 | 9,753 | - | - | - | - | - |
| Book Value Per Share 2 | 24.10 | 24.00 | 35.30 | 39.50 | 34.60 | 36.80 | 39.30 | 41.80 |
| Cash Flow per Share | 2.410 | 2.310 | 4.430 | 0.8500 | 5.290 | - | - | - |
| Capex 1 | 392 | 368 | 415 | 564 | 691 | 691 | 692 | 693 |
| Capex / Sales | 17.78% | 17.44% | 17.35% | 13.89% | 18.34% | 20.03% | 19.91% | 19.62% |
| Announcement Date | 12/12/19 | 12/16/20 | 12/16/21 | 12/15/22 | 12/14/23 | - | - | - |
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
BUY
Number of Analysts
3
Last Close Price
28.15
EUR
Average target price
34.2
EUR
Spread / Average Target
+21.49%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -1.05% | 5.36B | |
| +8.64% | 136B | |
| +4.41% | 80.06B | |
| -2.19% | 77.98B | |
| +0.69% | 75.38B | |
| -8.92% | 66.47B | |
| +61.15% | 59.36B | |
| +4.97% | 44.9B | |
| +7.34% | 42.26B | |
| 0.00% | 41.94B |
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- Financials EVN AG
