KOFOLA CESKOSLOVENSKO |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 272 CZK | +0.37% |
|
+0.37% | -1.45% |
| Apr. 12 | Transcript : Kofola CeskoSlovensko a.s., Q4 2023 Earnings Call, Apr 12, 2024 | |
| Apr. 12 | Kofola CeskoSlovensko a.s. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,993 | 5,930 | 4,998 | 6,574 | 5,180 | 5,859 |
| Enterprise Value (EV) 1 | 8,422 | 8,581 | 8,846 | 10,027 | 8,475 | 8,719 |
| P/E ratio | -71.2 x | 21.9 x | 65.3 x | 27.8 x | 20.2 x | 16.8 x |
| Yield | 4.77% | 4.82% | 5.72% | 3.65% | 5.52% | 4.89% |
| Capitalization / Revenue | 0.84 x | 0.93 x | 0.81 x | 0.99 x | 0.66 x | 0.67 x |
| EV / Revenue | 1.18 x | 1.34 x | 1.43 x | 1.51 x | 1.08 x | 1 x |
| EV / EBITDA | 8.54 x | 8.54 x | 10.4 x | 11 x | 8.71 x | 7.91 x |
| EV / FCF | 19.1 x | 138 x | 17.9 x | 15.4 x | 26.8 x | 10.4 x |
| FCF Yield | 5.24% | 0.72% | 5.6% | 6.5% | 3.73% | 9.66% |
| Price to Book | 3.91 x | 3.88 x | 3.73 x | 4.92 x | 3.89 x | 4.02 x |
| Nbr of stocks (in thousands) | 21,178 | 21,178 | 21,178 | 21,207 | 21,230 | 21,230 |
| Reference price 2 | 283.0 | 280.0 | 236.0 | 310.0 | 244.0 | 276.0 |
| Announcement Date | 3/26/19 | 3/26/20 | 4/15/21 | 4/13/22 | 4/13/23 | 4/11/24 |
1CZK in Million2CZK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 7,119 | 6,409 | 6,171 | 6,636 | 7,875 | 8,690 |
| EBITDA 1 | 986 | 1,005 | 849.6 | 912.5 | 973.1 | 1,103 |
| EBIT 1 | 431.1 | 562.4 | 364.9 | 436 | 525.5 | 712.3 |
| Operating Margin | 6.06% | 8.77% | 5.91% | 6.57% | 6.67% | 8.2% |
| Earnings before Tax (EBT) 1 | -43.14 | 398.7 | 191.7 | 365.1 | 399.8 | 481.9 |
| Net income 1 | -88.55 | 284.4 | 80.52 | 248.8 | 269.2 | 365.4 |
| Net margin | -1.24% | 4.44% | 1.3% | 3.75% | 3.42% | 4.2% |
| EPS 2 | -3.972 | 12.76 | 3.612 | 11.16 | 12.07 | 16.39 |
| Free Cash Flow 1 | 441.6 | 62.08 | 495.3 | 651.7 | 316.2 | 842 |
| FCF margin | 6.2% | 0.97% | 8.03% | 9.82% | 4.02% | 9.69% |
| FCF Conversion (EBITDA) | 44.78% | 6.18% | 58.3% | 71.42% | 32.5% | 76.36% |
| FCF Conversion (Net income) | - | 21.83% | 615.12% | 261.96% | 117.5% | 230.43% |
| Dividend per Share 2 | 13.50 | 13.50 | 13.50 | 11.30 | 13.46 | 13.50 |
| Announcement Date | 3/26/19 | 3/26/20 | 4/15/21 | 4/13/22 | 4/13/23 | 4/11/24 |
1CZK in Million2CZK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,954 | 2,114 | 1,568 | 1,506 | 2,211 | 3,717 | 2,347 | 1,712 | 2,340 | 4,053 | 1,712 |
| EBITDA 1 | 469.9 | 516.5 | 141.7 | 111.8 | 306.2 | 418 | 462.2 | 218.2 | 362.9 | 581.1 | 555.9 |
| EBIT 1 | 159.7 | 369.1 | -9.8 | -35.4 | 160.8 | 125.4 | 319.4 | 84.3 | 229 | 313.3 | 421.3 |
| Operating Margin | 5.41% | 17.46% | -0.62% | -2.35% | 7.27% | 3.37% | 13.61% | 4.92% | 9.78% | 7.73% | 24.6% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 30.77 | 262.1 | -44.2 | -103.4 | - | - | 184.3 | -34.92 | 123.1 | 88.22 | 312.4 |
| Net margin | 1.04% | 12.4% | -2.82% | -6.87% | - | - | 7.85% | -2.04% | 5.26% | 2.18% | 18.24% |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 9/3/21 | 11/24/21 | 4/13/22 | 6/3/22 | 9/2/22 | 9/2/22 | 11/24/22 | 6/2/23 | 9/1/23 | 9/1/23 | 11/22/23 |
1CZK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 2,429 | 2,651 | 3,848 | 3,453 | 3,295 | 2,860 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.464 x | 2.637 x | 4.53 x | 3.784 x | 3.386 x | 2.593 x |
| Free Cash Flow 1 | 442 | 62.1 | 495 | 652 | 316 | 842 |
| ROE (net income / shareholders' equity) | -5.32% | 16.9% | 4.67% | 18.5% | 20.4% | 26.9% |
| ROA (Net income/ Total Assets) | 4.1% | 5.22% | 3.16% | 3.69% | 4.46% | 5.73% |
| Assets 1 | -2,160 | 5,453 | 2,551 | 6,744 | 6,039 | 6,373 |
| Book Value Per Share 2 | 72.30 | 72.20 | 63.20 | 63.00 | 62.80 | 68.70 |
| Cash Flow per Share 2 | 29.20 | 36.60 | 25.70 | 18.50 | 29.50 | 50.50 |
| Capex 1 | 396 | 481 | 481 | 277 | 414 | 417 |
| Capex / Sales | 5.56% | 7.51% | 7.8% | 4.18% | 5.25% | 4.8% |
| Announcement Date | 3/26/19 | 3/26/20 | 4/15/21 | 4/13/22 | 4/13/23 | 4/11/24 |
1CZK in Million2CZK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
272
CZK
Average target price
313
CZK
Spread / Average Target
+15.07%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -1.45% | 245M | |
| +4.77% | 266B | |
| +18.01% | 22.74B | |
| +34.19% | 17.05B | |
| -9.31% | 16.6B | |
| +11.50% | 11.7B | |
| -1.51% | 10.8B | |
| +8.37% | 9.89B | |
| -11.41% | 7.71B | |
| +32.64% | 5.46B |
- Stock Market
- Equities
- KOFOL Stock
- Financials Kofola CeskoSlovensko
