FRESNILLO PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 584 GBX | +0.86% |
|
-2.99% | -1.75% |
| Apr. 26 | Berenberg Boosts Fresnillo PT, Keeps Hold Rating | MT |
| Apr. 26 | Peel Hunt cuts ConvaTec to 'reduce' | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,256 | 11,381 | 8,901 | 8,037 | 5,575 | 5,360 | - | - |
| Enterprise Value (EV) 1 | 6,720 | 11,467 | 8,834 | 8,037 | 5,575 | 5,456 | 5,115 | 5,134 |
| P/E ratio | 30.6 x | 30.4 x | 21.1 x | 29.6 x | 23.9 x | 20.1 x | 16.9 x | 31.5 x |
| Yield | 1.71% | 1.67% | 2.81% | 1.53% | - | 1.96% | 2.76% | 1.87% |
| Capitalization / Revenue | 2.95 x | 4.68 x | 3.29 x | 3.3 x | 2.06 x | 1.81 x | 1.8 x | 1.96 x |
| EV / Revenue | 3.17 x | 4.72 x | 3.27 x | 3.3 x | 2.06 x | 1.84 x | 1.71 x | 1.88 x |
| EV / EBITDA | 9.97 x | 9.81 x | 7.32 x | 10.7 x | 8.5 x | 5.55 x | 4.51 x | 5.37 x |
| EV / FCF | -54.5 x | 22.7 x | 29.1 x | -89.4 x | - | 20.4 x | 19.2 x | 34.5 x |
| FCF Yield | -1.84% | 4.41% | 3.43% | -1.12% | - | 4.9% | 5.22% | 2.9% |
| Price to Book | 1.99 x | 3.27 x | 2.46 x | 2.18 x | - | 1.36 x | 1.3 x | 1.28 x |
| Nbr of stocks (in thousands) | 736,894 | 736,894 | 736,894 | 736,894 | 736,894 | 736,894 | - | - |
| Reference price 2 | 8.489 | 15.44 | 12.08 | 10.91 | 7.566 | 7.274 | 7.274 | 7.274 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/8/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,120 | 2,430 | 2,703 | 2,433 | 2,705 | 2,958 | 2,982 | 2,737 |
| EBITDA 1 | 674 | 1,169 | 1,206 | 751.1 | 655.7 | 983.4 | 1,135 | 956.2 |
| EBIT 1 | 171.7 | 649.7 | 666.7 | 283.6 | 142.5 | 476.5 | 644.7 | 487.5 |
| Operating Margin | 8.1% | 26.74% | 24.67% | 11.66% | 5.27% | 16.11% | 21.62% | 17.81% |
| Earnings before Tax (EBT) 1 | 178.8 | 551.3 | 611.5 | 248.6 | 114 | 398.6 | 578.4 | 355.8 |
| Net income 1 | 204 | 374.1 | 421.2 | 271.9 | 233.9 | 266.8 | 317.1 | 169.6 |
| Net margin | 9.62% | 15.4% | 15.58% | 11.18% | 8.65% | 9.02% | 10.63% | 6.2% |
| EPS 2 | 0.2770 | 0.5077 | 0.5720 | 0.3690 | 0.3170 | 0.3613 | 0.4314 | 0.2306 |
| Free Cash Flow 1 | -123.4 | 505.4 | 303.1 | -89.94 | - | 267.3 | 266.8 | 149 |
| FCF margin | -5.82% | 20.8% | 11.21% | -3.7% | - | 9.04% | 8.95% | 5.44% |
| FCF Conversion (EBITDA) | - | 43.23% | 25.13% | - | - | 27.18% | 23.51% | 15.58% |
| FCF Conversion (Net income) | - | 135.08% | 71.96% | - | - | 100.2% | 84.15% | 87.84% |
| Dividend per Share 2 | 0.1450 | 0.2580 | 0.3390 | 0.1670 | - | 0.1429 | 0.2011 | 0.1362 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/8/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,118 | - | 1,376 | 1,467 | 1,236 | 1,259 | 1,174 | 1,343 | 1,362 | - |
| EBITDA 1 | 366.1 | 469.9 | 699.2 | 747 | 459.3 | 459.1 | 292 | 351 | 304.7 | 170 |
| EBIT | - | - | - | 471.8 | - | - | 65.44 | 81.16 | - | - |
| Operating Margin | - | - | - | 32.17% | - | - | 5.57% | 6.04% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | 93.34 | 47.86 | - | - |
| Net income | 133.8 | - | - | 308.4 | - | 141 | 130.9 | 64.73 | 169.2 | - |
| Net margin | 11.97% | - | - | 21.02% | - | 11.2% | 11.15% | 4.82% | 12.42% | - |
| EPS | - | 0.0880 | - | 0.4100 | 0.1620 | 0.1590 | 0.2100 | 0.0880 | - | - |
| Dividend per Share | - | - | - | 0.0990 | 0.2400 | - | 0.1330 | 0.0140 | - | - |
| Announcement Date | 3/3/20 | 7/28/20 | 3/2/21 | 8/3/21 | 3/8/22 | 8/2/22 | 3/7/23 | 8/1/23 | 3/5/24 | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 465 | 86.3 | - | - | - | 95.6 | - | - |
| Net Cash position 1 | - | - | 66.9 | - | - | - | 246 | 226 |
| Leverage (Debt/EBITDA) | 0.6894 x | 0.0738 x | - | - | - | 0.0972 x | - | - |
| Free Cash Flow 1 | -123 | 505 | 303 | -89.9 | - | 267 | 267 | 149 |
| ROE (net income / shareholders' equity) | 5.49% | 9.8% | 11.9% | 7.45% | - | 6.54% | 8.21% | 6.45% |
| ROA (Net income/ Total Assets) | 3.55% | 6.18% | 7.36% | 4.66% | - | 3.56% | 6.02% | 2% |
| Assets 1 | 5,748 | 6,056 | 5,720 | 5,841 | - | 7,493 | 5,267 | 8,481 |
| Book Value Per Share 2 | 4.270 | 4.720 | 4.910 | 5.000 | - | 5.340 | 5.600 | 5.680 |
| Cash Flow per Share 2 | 0.5900 | 1.250 | 1.210 | 0.6800 | - | 0.8200 | 1.050 | 0.9500 |
| Capex 1 | 559 | 412 | 586 | 591 | - | 451 | 495 | 495 |
| Capex / Sales | 26.38% | 16.96% | 21.68% | 24.28% | - | 15.24% | 16.6% | 18.09% |
| Announcement Date | 3/3/20 | 3/2/21 | 3/8/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
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
12
Last Close Price
7.274
USD
Average target price
8.264
USD
Spread / Average Target
+13.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.75% | 5.36B | |
| -14.40% | 143B | |
| -6.66% | 117B | |
| -0.55% | 71.07B | |
| +6.69% | 50.97B | |
| +13.30% | 48.38B | |
| +34.12% | 39.93B | |
| +22.92% | 26.1B | |
| +32.58% | 21.36B | |
| +58.44% | 18.57B |
- Stock Market
- Equities
- FRES Stock
- Financials Fresnillo plc
