Financials Koninklijke Heijmans N.V.

Equities

Market Closed - Euronext Amsterdam Other stock markets 11:35:20 2024-04-26 am EDT			5-day change	1st Jan Change
17.44 ^EUR	+2.83%		+3.69%	+43.89%

Mar. 01	Transcript : Koninklijke Heijmans N.V., 2023 Earnings Call, Mar 01, 2024
Mar. 01	Koninklijke Heijmans N.V. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	160.6	204.6	339.1	238.4	297.3	467.8	-
Enterprise Value (EV) ¹	191	167.5	248.1	87.46	297.3	582.1	530
P/E ratio	5.36 x	5.04 x	6.65 x	3.95 x	5.05 x	7.55 x	6.21 x
Yield	-	7.82%	5.91%	9.98%	-	5.28%	6.42%
Capitalization / Revenue	0.1 x	0.12 x	0.19 x	0.13 x	0.14 x	0.21 x	0.2 x
EV / Revenue	0.12 x	0.1 x	0.14 x	0.05 x	0.14 x	0.26 x	0.23 x
EV / EBITDA	3.54 x	1.97 x	2.34 x	0.75 x	2.02 x	4.44 x	3.64 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	0.9 x	0.9 x	1.27 x	0.75 x	-	1.13 x	1 x
Nbr of stocks (in thousands)	21,409	21,933	22,760	23,553	24,526	26,826	-
Reference price ²	7.500	9.330	14.90	10.12	12.12	17.44	17.44
Announcement Date	2/21/20	2/12/21	2/18/22	2/17/23	3/1/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	1,600	1,746	1,748	1,812	2,117	2,200	2,340
EBITDA ¹	54	85	106	117	147	131.1	145.6
EBIT ¹	39	56	55	78	96	89.27	103.2
Operating Margin	2.44%	3.21%	3.15%	4.3%	4.53%	4.06%	4.41%
Earnings before Tax (EBT) ¹	34.86	40	55	74	81	78.54	96.09
Net income ¹	30.06	40	50	60	60	59.83	72.85
Net margin	1.88%	2.29%	2.86%	3.31%	2.83%	2.72%	3.11%
EPS ²	1.400	1.850	2.240	2.560	2.400	2.310	2.810
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	0.7300	0.8800	1.010	-	0.9200	1.120
Announcement Date	2/21/20	2/12/21	2/18/22	2/17/23	3/1/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	30.5	-	-	-	-	114	62.1
Net Cash position ¹	-	37.2	91	151	-	-	-
Leverage (Debt/EBITDA)	0.5644 x	-	-	-	-	0.8714 x	0.4266 x
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	28.2%	19.8%	20.2%	20.4%	-	16%	17%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	8.310	10.30	11.80	13.50	-	15.50	17.40
Cash Flow per Share ²	1.960	5.900	4.850	4.730	-	4.040	4.940
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	2/21/20	2/12/21	2/18/22	2/17/23	3/1/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.44 EUR

Average target price

17.75 EUR

Spread / Average Target

+1.78%

	1st Jan change	Capi.
KONINKLIJKE HEIJMANS N.V.	+43.89%	499M
VINCI	-2.29%	67.67B
LARSEN & TOUBRO LIMITED	+2.13%	59.37B
QUANTA SERVICES, INC.	+21.25%	38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B
FERROVIAL SE	+2.06%	26.35B
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B
WSP GLOBAL INC.	+15.06%	19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B
EMCOR GROUP, INC.	+64.33%	16.64B