MATAS A/S |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 113 DKK | +2.17% |
|
+2.54% | -2.08% |
| Feb. 02 | Transcript : Matas A/S, Q3 2024 Earnings Call, Feb 02, 2024 | |
| Feb. 02 | Matas A/S Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,500 | 1,629 | 3,180 | 3,627 | 3,194 | 4,284 | - | - |
| Enterprise Value (EV) 1 | 4,004 | 4,128 | 4,907 | 5,276 | 4,836 | 7,257 | 7,254 | 6,798 |
| P/E ratio | 9.49 x | 8.6 x | 11.9 x | 13.4 x | 11.5 x | 20.5 x | 12.5 x | 10.3 x |
| Yield | 4.56% | - | 2.41% | 2.08% | 2.38% | 1.75% | 2.41% | 2.67% |
| Capitalization / Revenue | 0.71 x | 0.44 x | 0.76 x | 0.83 x | 0.71 x | 0.64 x | 0.53 x | 0.51 x |
| EV / Revenue | 1.13 x | 1.12 x | 1.18 x | 1.21 x | 1.08 x | 1.08 x | 0.89 x | 0.81 x |
| EV / EBITDA | 7.29 x | 5.9 x | 6.16 x | 6.57 x | 5.98 x | 7.5 x | 5.94 x | 5.16 x |
| EV / FCF | 10.3 x | 37.1 x | 6.34 x | 18.9 x | 11.4 x | -35.9 x | 16.5 x | 7.68 x |
| FCF Yield | 9.69% | 2.69% | 15.8% | 5.29% | 8.78% | -2.78% | 6.07% | 13% |
| Price to Book | 0.94 x | 0.59 x | 1.05 x | 1.15 x | 0.96 x | 1.22 x | 1.13 x | 1.05 x |
| Nbr of stocks (in thousands) | 37,995 | 38,188 | 38,269 | 37,665 | 37,933 | 37,909 | - | - |
| Reference price 2 | 65.80 | 42.65 | 83.10 | 96.30 | 84.20 | 113.0 | 113.0 | 113.0 |
| Announcement Date | 5/28/19 | 5/27/20 | 5/27/21 | 6/1/22 | 5/31/23 | - | - | - |
1DKK in Million2DKK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,541 | 3,688 | 4,164 | 4,344 | 4,490 | 6,707 | 8,142 | 8,383 |
| EBITDA 1 | 549 | 699.9 | 797 | 802.6 | 809 | 967.3 | 1,221 | 1,318 |
| EBIT 1 | 363.3 | 292.9 | 380 | 377.3 | 423.1 | 418.6 | 580.4 | 650.7 |
| Operating Margin | 10.26% | 7.94% | 9.13% | 8.69% | 9.42% | 6.24% | 7.13% | 7.76% |
| Earnings before Tax (EBT) 1 | 341.9 | 249.9 | 353 | 351.1 | 372.8 | 281.2 | 452.1 | 538.8 |
| Net income 1 | 263 | 191.2 | 269 | 276.5 | 280.7 | 209.2 | 343.1 | 411.6 |
| Net margin | 7.43% | 5.18% | 6.46% | 6.36% | 6.25% | 3.12% | 4.21% | 4.91% |
| EPS 2 | 6.930 | 4.960 | 6.960 | 7.200 | 7.350 | 5.525 | 9.057 | 10.93 |
| Free Cash Flow 1 | 387.9 | 111.2 | 774.1 | 278.9 | 424.7 | -202.1 | 440.5 | 885 |
| FCF margin | 10.95% | 3.01% | 18.59% | 6.42% | 9.46% | -3.01% | 5.41% | 10.56% |
| FCF Conversion (EBITDA) | 70.66% | 15.89% | 97.13% | 34.75% | 52.5% | - | 36.08% | 67.17% |
| FCF Conversion (Net income) | 147.49% | 58.16% | 287.77% | 100.87% | 151.3% | - | 128.4% | 215.04% |
| Dividend per Share 2 | 3.000 | - | 2.000 | 2.000 | 2.000 | 1.973 | 2.726 | 3.019 |
| Announcement Date | 5/28/19 | 5/27/20 | 5/27/21 | 6/1/22 | 5/31/23 | - | - | - |
1DKK in Million2DKK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 973.9 | 1,378 | 970.6 | 1,054 | 989.2 | 1,396 | 1,051 | 1,150 | 1,285 | 2,508 | 1,760 |
| EBITDA 1 | 165.6 | 283.5 | 167.8 | - | 160 | 295.9 | 161.6 | 200.9 | 177.2 | 424.1 | 188 |
| EBIT | 56.7 | 193.7 | 59.9 | 97.6 | 73.3 | 201.4 | 50.8 | 88.7 | 25 | 249.4 | - |
| Operating Margin | 5.82% | 14.06% | 6.17% | 9.26% | 7.41% | 14.43% | 4.83% | 7.71% | 1.94% | 9.94% | - |
| Earnings before Tax (EBT) | 46.4 | 189.5 | 47.7 | 88.6 | 60 | 188.8 | 35.4 | - | - | 220.1 | - |
| Net income | 36.4 | - | 39.3 | 69.1 | 46.7 | 147.3 | 17.6 | 49 | - | 163.2 | - |
| Net margin | 3.74% | - | 4.05% | 6.56% | 4.72% | 10.55% | 1.68% | 4.26% | - | 6.51% | - |
| EPS | 0.9400 | - | 0.9800 | 1.810 | 1.220 | 3.850 | 0.4600 | 1.280 | - | 4.250 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/10/22 | 6/1/22 | 8/17/22 | 11/10/22 | 2/8/23 | 5/31/23 | 8/16/23 | 11/10/23 | 2/2/24 | - |
1DKK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,504 | 2,500 | 1,727 | 1,649 | 1,642 | 2,974 | 2,971 | 2,515 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.74 x | 3.571 x | 2.167 x | 2.054 x | 2.03 x | 3.074 x | 2.433 x | 1.909 x |
| Free Cash Flow 1 | 388 | 111 | 774 | 279 | 425 | -202 | 441 | 885 |
| ROE (net income / shareholders' equity) | 9.94% | 7.04% | 9.27% | 8.93% | 8.62% | 6.84% | 9.81% | 10.6% |
| ROA (Net income/ Total Assets) | 4.85% | 3.15% | 4.23% | 4.53% | 4.55% | 2.62% | 3.45% | 4.32% |
| Assets 1 | 5,421 | 6,063 | 6,366 | 6,099 | 6,168 | 7,995 | 9,953 | 9,525 |
| Book Value Per Share 2 | 70.30 | 72.40 | 79.40 | 83.70 | 87.80 | 92.60 | 99.60 | 108.0 |
| Cash Flow per Share 2 | 11.90 | 11.60 | 24.60 | 13.30 | 17.80 | 16.80 | 24.00 | 31.00 |
| Capex 1 | 63.5 | 124 | 50.5 | 50.5 | 254 | 472 | 411 | 294 |
| Capex / Sales | 1.79% | 3.36% | 1.21% | 1.16% | 5.66% | 7.04% | 5.05% | 3.5% |
| Announcement Date | 5/28/19 | 5/27/20 | 5/27/21 | 6/1/22 | 5/31/23 | - | - | - |
1DKK in Million2DKK
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
BUY
Number of Analysts
3
Last Close Price
113
DKK
Average target price
150
DKK
Spread / Average Target
+32.74%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.08% | 613M | |
| +4.90% | 5.71B | |
| -11.42% | 4.42B | |
| +14.25% | 4.17B | |
| +4.23% | 1.85B | |
| -4.59% | 1.77B | |
| -13.78% | 1.26B | |
| -17.17% | 1.15B | |
| -42.26% | 736M | |
| -6.69% | 499M |
- Stock Market
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- MATAS Stock
- Financials Matas A/S
