Financials EVS Broadcast Equipment SA

Equities

Market Closed - Euronext Bruxelles Other stock markets 11:35:11 2024-04-26 am EDT			5-day change	1st Jan Change
33.25 ^EUR	-0.15%		+0.45%	+15.25%

Feb. 23	Transcript : EVS Broadcast Equipment SA, 2023 Earnings Call, Feb 23, 2024
Feb. 22	EVS Broadcast Equipment SA Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	329.1	302.9	223.8	277.4	298.6	446.7	446.7	-
Enterprise Value (EV) ¹	270.4	257.1	189.1	222.5	264.8	350.9	385.6	367.9
P/E ratio	8.92 x	15.5 x	31.5 x	8.05 x	9.72 x	10.9 x	11.2 x	12.2 x
Yield	4.31%	4.6%	2.99%	7.25%	7.19%	3.81%	3.31%	3.31%
Capitalization / Revenue	2.83 x	2.93 x	2.54 x	2.02 x	2.02 x	2.24 x	2.33 x	2.35 x
EV / Revenue	2.33 x	2.49 x	2.15 x	1.62 x	1.79 x	2.03 x	2.02 x	1.94 x
EV / EBITDA	-	9.02 x	14.1 x	5.04 x	6.89 x	7.14 x	7 x	7.38 x
EV / FCF	-	-	11.9 x	5.78 x	-	12.4 x	9.34 x	10.7 x
FCF Yield	-	-	8.38%	17.3%	-	8.04%	10.7%	9.32%
Price to Book	2.22 x	2.14 x	1.7 x	1.71 x	1.73 x	2.1 x	2.27 x	2.12 x
Nbr of stocks (in thousands)	14,184	13,927	13,401	13,402	13,419	13,433	13,433	-
Reference price ²	23.20	21.75	16.70	20.70	22.25	33.25	33.25	33.25
Announcement Date	2/21/19	2/20/20	2/25/21	2/24/22	2/17/23	2/22/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	116.1	103.4	88.11	137.6	148.2	173.2	191.4	190
EBITDA ¹	-	28.51	13.41	44.11	38.45	49.18	55.12	49.84
EBIT ¹	28.1	23	6.8	37.1	31.71	41.14	45.84	40.43
Operating Margin	24.2%	22.24%	7.72%	26.96%	21.4%	23.76%	23.96%	21.28%
Earnings before Tax (EBT) ¹	-	22.93	4.353	37.7	32.77	40.55	46.8	43.48
Net income ¹	35.2	19.6	7.186	34.9	31.34	36.95	40.3	35.26
Net margin	30.32%	18.96%	8.16%	25.37%	21.16%	21.33%	21.06%	18.56%
EPS ²	2.600	1.400	0.5300	2.570	2.290	2.650	2.980	2.725
Free Cash Flow ¹	-	-	15.85	38.48	-	28.21	41.3	34.3
FCF margin	-	-	17.99%	27.97%	-	16.29%	21.58%	18.06%
FCF Conversion (EBITDA)	-	-	118.21%	87.23%	-	57.36%	74.92%	68.82%
FCF Conversion (Net income)	-	-	220.57%	110.23%	-	76.36%	102.49%	97.29%
Dividend per Share ²	1.000	1.000	0.5000	1.500	1.600	1.100	1.100	1.100
Announcement Date	2/21/19	2/20/20	2/25/21	2/24/22	2/17/23	2/22/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	58.6	45.8	34.7	54.9	33.8	36.6	61	78.8
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	15.9	38.5	-	28.2	41.3	34.3
ROE (net income / shareholders' equity)	28.5%	13.9%	5.1%	23.1%	18.5%	20.1%	20.5%	17.4%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	10.40	10.20	9.810	12.10	12.80	13.70	14.60	15.70
Cash Flow per Share ²	2.360	1.320	1.330	2.850	0.8000	2.560	3.480	3.360
Capex ¹	-	-	2.32	0.23	-	7.49	3.75	3.75
Capex / Sales	-	-	2.63%	0.17%	-	4.32%	1.96%	1.97%
Announcement Date	2/21/19	2/20/20	2/25/21	2/24/22	2/17/23	2/22/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

33.25 EUR

Average target price

39.17 EUR

Spread / Average Target

+17.79%

	1st Jan change	Capi.
EVS BROADCAST EQUIPMENT SA	+15.25%	477M
WISTRON NEWEB CORPORATION	-5.45%	2.19B
JIANGSU YINHE ELECTRONICS CO.,LTD.	-12.48%	839M
EVERTZ TECHNOLOGIES LIMITED	-4.38%	741M
UNIONMAN TECHNOLOGY CO.,LTD.	-21.74%	694M
NETGEAR, INC.	+1.85%	432M
KMW INC.	+18.16%	424M
ITERIS, INC.	-13.85%	192M
GOSPELL DIGITAL TECHNOLOGY CO., LTD.	-33.65%	180M
ORBIT TECHNOLOGIES LTD	+6.93%	173M