FORFARMERS N.V. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.39 EUR | +1.27% |
|
+0.21% | +0.42% |
| Apr. 11 | ForFarmers N.V. Approves Dividend for the Financial Year 2023, Payable on April 24, 2024 | CI |
| Feb. 22 | Transcript : ForFarmers N.V., 2023 Earnings Call, Feb 22, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 562.4 | 508.3 | 376.1 | 266.2 | 211.7 | 212.2 | - | - |
| Enterprise Value (EV) 1 | 593.5 | 520.5 | 439.5 | 364.6 | 233.1 | 338.1 | 346.3 | 344.4 |
| P/E ratio | 31.9 x | 35.6 x | 31 x | 14.6 x | -238 x | -239 x | -120 x | -79.7 x |
| Yield | 4.88% | 5.43% | 7.19% | 6.84% | 6.3% | 8.37% | 4.39% | 5.02% |
| Capitalization / Revenue | 0.23 x | 0.22 x | 0.14 x | 0.08 x | 0.07 x | 0.07 x | 0.07 x | 0.07 x |
| EV / Revenue | 0.24 x | 0.22 x | 0.16 x | 0.11 x | 0.08 x | 0.1 x | 0.11 x | 0.11 x |
| EV / EBITDA | 6.71 x | 5.41 x | 5.62 x | 4.79 x | 3.33 x | 5.28 x | 5.26 x | 5.09 x |
| EV / FCF | 9.74 x | 7.93 x | 29.2 x | 28.3 x | 4.47 x | 338 x | 385 x | 203 x |
| FCF Yield | 10.3% | 12.6% | 3.42% | 3.54% | 22.4% | 0.3% | 0.26% | 0.49% |
| Price to Book | 1.36 x | 1.42 x | 1.04 x | 0.78 x | 0.68 x | 0.76 x | 0.82 x | 0.83 x |
| Nbr of stocks (in thousands) | 97,986 | 95,190 | 93,222 | 91,011 | 88,948 | 88,776 | - | - |
| Reference price 2 | 5.740 | 5.340 | 4.035 | 2.925 | 2.380 | 2.390 | 2.390 | 2.390 |
| Announcement Date | 3/12/20 | 3/10/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,463 | 2,352 | 2,670 | 3,315 | 2,975 | 3,236 | 3,242 | 3,250 |
| EBITDA 1 | 88.5 | 96.2 | 78.2 | 76.1 | 70 | 64.05 | 65.9 | 67.65 |
| EBIT 1 | 48.2 | 61.6 | 40.7 | 38.9 | 32.7 | 26.5 | 29.2 | 30.95 |
| Operating Margin | 1.96% | 2.62% | 1.52% | 1.17% | 1.1% | 0.82% | 0.9% | 0.95% |
| Earnings before Tax (EBT) | 27.62 | 30.23 | - | - | - | - | - | - |
| Net income 1 | 17.7 | 14.2 | 12.03 | 18 | -1 | 12.65 | 14.85 | 16.3 |
| Net margin | 0.72% | 0.6% | 0.45% | 0.54% | -0.03% | 0.39% | 0.46% | 0.5% |
| EPS 2 | 0.1800 | 0.1500 | 0.1300 | 0.2000 | -0.0100 | -0.0100 | -0.0200 | -0.0300 |
| Free Cash Flow 1 | 60.95 | 65.65 | 15.05 | 12.9 | 52.1 | 1 | 0.9 | 1.7 |
| FCF margin | 2.47% | 2.79% | 0.56% | 0.39% | 1.75% | 0.03% | 0.03% | 0.05% |
| FCF Conversion (EBITDA) | 68.87% | 68.25% | 19.25% | 16.95% | 74.43% | 1.56% | 1.37% | 2.51% |
| FCF Conversion (Net income) | 344.23% | 462.35% | 125.12% | 71.67% | - | 7.91% | 6.06% | 10.43% |
| Dividend per Share 2 | 0.2800 | 0.2900 | 0.2900 | 0.2000 | 0.1500 | 0.2000 | 0.1050 | 0.1200 |
| Announcement Date | 3/12/20 | 3/10/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2022 S1 |
|---|---|---|---|---|---|
| Net sales 1 | - | 1,173 | 1,179 | - | 1,597 |
| EBITDA 1 | - | 48.2 | - | 40.8 | 43.1 |
| EBIT 1 | 32.25 | 27.49 | - | - | 24.1 |
| Operating Margin | - | 2.34% | - | - | 1.51% |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income | - | - | - | 10.4 | - |
| Net margin | - | - | - | - | - |
| EPS | - | - | - | 0.1000 | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 3/12/20 | 8/13/20 | 3/10/21 | 8/13/21 | 8/11/22 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 31.1 | 12.2 | 63.4 | 98.4 | 21.4 | 126 | 134 | 132 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.3515 x | 0.127 x | 0.8103 x | 1.293 x | 0.3057 x | 1.966 x | 2.036 x | 1.954 x |
| Free Cash Flow 1 | 60.9 | 65.7 | 15.1 | 12.9 | 52.1 | 1 | 0.9 | 1.7 |
| ROE (net income / shareholders' equity) | 8.58% | 12% | 8.08% | 5.18% | 7.02% | -0.4% | -0.7% | -1.1% |
| ROA (Net income/ Total Assets) | 4.19% | 5.5% | - | - | - | - | - | - |
| Assets 1 | 423 | 258 | - | - | - | - | - | - |
| Book Value Per Share 2 | 4.230 | 3.750 | 3.860 | 3.730 | 3.510 | 3.130 | 2.910 | 2.870 |
| Cash Flow per Share 2 | 0.9700 | 1.020 | - | - | 0.9500 | 0.7100 | 0.7400 | 0.7900 |
| Capex 1 | 35.2 | 35.8 | 39.6 | 35.3 | 34.4 | 38.8 | 38.4 | 40.3 |
| Capex / Sales | 1.43% | 1.52% | 1.48% | 1.06% | 1.16% | 1.2% | 1.18% | 1.24% |
| Announcement Date | 3/12/20 | 3/10/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
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
HOLD
Number of Analysts
2
Last Close Price
2.39
EUR
Average target price
3.4
EUR
Spread / Average Target
+42.26%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +0.42% | 227M | |
| +11.33% | 11.43B | |
| -0.75% | 5.77B | |
| -4.08% | 4.87B | |
| -5.10% | 4.14B | |
| -23.66% | 2.58B | |
| -5.06% | 1.75B | |
| -24.53% | 1.11B | |
| -18.46% | 865M | |
| +24.67% | 855M |
- Stock Market
- Equities
- FFARM Stock
- Financials ForFarmers N.V.
