INTERPARFUMS |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 47.25 EUR | 0.00% |
|
-2.48% | -6.25% |
| Apr. 25 | Interparfums: confirms sales targets for 2024 | CF |
| Apr. 23 | Interparfums: in green, a broker's opinion on the stock | CF |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,735 | 2,225 | 4,190 | 3,481 | 3,482 | 3,262 | - | - |
| Enterprise Value (EV) 1 | 1,551 | 2,007 | 4,057 | 3,392 | 3,482 | 3,178 | 3,146 | 3,114 |
| P/E ratio | 33 x | 67.1 x | 56.5 x | 33.5 x | 28 x | 25.1 x | 22.8 x | 21.2 x |
| Yield | - | 1.28% | 1.28% | 1.89% | - | 2.61% | 3.21% | 3.96% |
| Capitalization / Revenue | 3.58 x | 6.06 x | 7.47 x | 4.93 x | 4.36 x | 3.61 x | 3.32 x | 3.09 x |
| EV / Revenue | 3.2 x | 5.46 x | 7.23 x | 4.8 x | 4.36 x | 3.51 x | 3.2 x | 2.95 x |
| EV / EBITDA | 19.5 x | 30.5 x | 35.6 x | 21.3 x | 18.5 x | 16.5 x | 15.6 x | 13.4 x |
| EV / FCF | 33.5 x | 53.6 x | -102 x | 64.7 x | - | 27.4 x | 25.2 x | 21.8 x |
| FCF Yield | 2.99% | 1.87% | -0.98% | 1.55% | - | 3.65% | 3.96% | 4.59% |
| Price to Book | 3.78 x | 4.52 x | 7.74 x | - | - | 4.7 x | 4.33 x | 3.97 x |
| Nbr of stocks (in thousands) | 68,644 | 68,940 | 68,974 | 68,869 | 69,080 | 69,046 | - | - |
| Reference price 2 | 25.27 | 32.27 | 60.74 | 50.55 | 50.40 | 47.25 | 47.25 | 47.25 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/2/22 | 3/1/23 | 3/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 484.3 | 367.4 | 560.8 | 706.6 | 798.5 | 904.2 | 982.6 | 1,054 |
| EBITDA 1 | 79.4 | 65.81 | 114.1 | 159 | 188 | 192.3 | 201.4 | 232.8 |
| EBIT 1 | 73.1 | 46.91 | 98.89 | 131.8 | 165.6 | 172.5 | 189.6 | 208.5 |
| Operating Margin | 15.09% | 12.77% | 17.63% | 18.66% | 20.73% | 19.08% | 19.3% | 19.78% |
| Earnings before Tax (EBT) 1 | 73.15 | 45.76 | 101.3 | 133.3 | 163.3 | 178 | 195.5 | 221 |
| Net income 1 | 50.6 | 30.7 | 71.1 | 99.52 | 118.7 | 128.9 | 142.1 | 153.1 |
| Net margin | 10.45% | 8.36% | 12.68% | 14.08% | 14.87% | 14.26% | 14.46% | 14.52% |
| EPS 2 | 0.7650 | 0.4808 | 1.074 | 1.509 | 1.800 | 1.879 | 2.070 | 2.227 |
| Free Cash Flow 1 | 46.3 | 37.45 | -39.6 | 52.41 | - | 116 | 124.7 | 143 |
| FCF margin | 9.56% | 10.19% | -7.06% | 7.42% | - | 12.82% | 12.69% | 13.57% |
| FCF Conversion (EBITDA) | 58.31% | 56.9% | - | 32.96% | - | 60.31% | 61.91% | 61.42% |
| FCF Conversion (Net income) | 91.51% | 121.96% | - | 52.67% | - | 89.93% | 87.76% | 93.42% |
| Dividend per Share 2 | - | 0.4132 | 0.7769 | 0.9546 | - | 1.233 | 1.515 | 1.870 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/2/22 | 3/1/23 | 3/22/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q4 | 2023 S2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 139.3 | 266.3 | 174.8 | - | 162.4 | 156.3 | 318.7 | 214.6 | 181 | 396 | 187.8 | 402.5 | 225 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 10.4 | 65.63 | - | 33.26 | - | - | 71.79 | - | - | 102.2 | - | - | - |
| Operating Margin | 7.47% | 24.65% | - | - | - | - | 22.52% | - | - | 25.81% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 9/8/20 | 7/20/21 | 12/2/21 | 3/2/22 | 6/1/22 | 9/1/22 | - | 4/25/23 | 7/25/23 | 7/25/23 | 3/22/24 | 3/22/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 184 | 217 | 132 | 88.7 | - | 84.5 | 117 | 149 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 46.3 | 37.4 | -39.6 | 52.4 | - | 116 | 125 | 143 |
| ROE (net income / shareholders' equity) | 11.2% | 6.43% | 13.8% | 17.6% | - | 18.6% | 19.2% | 18.4% |
| ROA (Net income/ Total Assets) | - | - | - | 11% | - | 12% | 12.5% | - |
| Assets 1 | - | - | - | 905.1 | - | 1,074 | 1,137 | - |
| Book Value Per Share 2 | 6.690 | 7.150 | 7.850 | - | - | 10.10 | 10.90 | 11.90 |
| Cash Flow per Share 2 | 1.000 | 0.7000 | 1.300 | 1.950 | - | 1.980 | 2.200 | 2.330 |
| Capex 1 | 3.16 | 8.54 | 117 | 77.8 | - | 17.2 | 12.6 | 13.1 |
| Capex / Sales | 0.65% | 2.33% | 20.82% | 11.02% | - | 1.91% | 1.28% | 1.24% |
| Announcement Date | 3/3/20 | 3/2/21 | 3/2/22 | 3/1/23 | 3/22/24 | - | - | - |
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
OUTPERFORM
Number of Analysts
9
Last Close Price
47.25
EUR
Average target price
59.89
EUR
Spread / Average Target
+26.75%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -6.25% | 3.48B | |
| -3.33% | 249B | |
| +10.09% | 18.86B | |
| 0.00% | 17.37B | |
| -1.32% | 10.65B | |
| -7.73% | 10.26B | |
| +3.86% | 6.72B | |
| +9.76% | 5.94B | |
| -0.06% | 4.55B | |
| -16.98% | 3.83B |
- Stock Market
- Equities
- ITP Stock
- Financials Interparfums
