Real-time Estimate
Tradegate
10:05:05 2024-04-30 am EDT
|
5-day change
|
1st Jan Change
|
10.73
EUR
|
-0.67%
|
|
-2.89%
|
+17.23%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,769
|
7,741
|
7,936
|
7,577
|
8,939
|
-
|
-
|
Enterprise Value (EV)
1 |
7,568
|
8,211
|
8,620
|
8,461
|
9,450
|
9,166
|
8,702
|
P/E ratio
|
43
x
|
22.8
x
|
26.7
x
|
13.9
x
|
16.1
x
|
14.5
x
|
13.1
x
|
Yield
|
2.45%
|
2.57%
|
3.12%
|
3.93%
|
3.5%
|
3.78%
|
4.09%
|
Capitalization / Revenue
|
1.74
x
|
1.83
x
|
1.5
x
|
1.41
x
|
1.69
x
|
1.61
x
|
1.53
x
|
EV / Revenue
|
1.94
x
|
1.94
x
|
1.63
x
|
1.57
x
|
1.78
x
|
1.65
x
|
1.49
x
|
EV / EBITDA
|
14.3
x
|
12.8
x
|
10.5
x
|
8.63
x
|
9.66
x
|
8.74
x
|
7.75
x
|
EV / FCF
|
18.8
x
|
19.7
x
|
663
x
|
64.1
x
|
13.5
x
|
13.7
x
|
13.4
x
|
FCF Yield
|
5.33%
|
5.08%
|
0.15%
|
1.56%
|
7.41%
|
7.28%
|
7.49%
|
Price to Book
|
3.32
x
|
3.44
x
|
3.38
x
|
2.9
x
|
3.12
x
|
2.81
x
|
2.52
x
|
Nbr of stocks (in thousands)
|
827,979
|
828,047
|
825,636
|
826,328
|
827,312
|
-
|
-
|
Reference price
2 |
8.175
|
9.348
|
9.612
|
9.170
|
10.80
|
10.80
|
10.80
|
Announcement Date
|
2/16/21
|
2/10/22
|
2/17/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,897
|
4,236
|
5,295
|
5,390
|
5,296
|
5,545
|
5,832
|
EBITDA
1 |
530
|
642
|
821
|
981
|
978.3
|
1,049
|
1,122
|
EBIT
1 |
448
|
547
|
731
|
887
|
862.1
|
926
|
1,014
|
Operating Margin
|
11.5%
|
12.91%
|
13.81%
|
16.46%
|
16.28%
|
16.7%
|
17.38%
|
Earnings before Tax (EBT)
1 |
209
|
385
|
441
|
724
|
724.5
|
806.4
|
898.7
|
Net income
1 |
138
|
342
|
301
|
543
|
556.7
|
614
|
681.7
|
Net margin
|
3.54%
|
8.07%
|
5.68%
|
10.07%
|
10.51%
|
11.07%
|
11.69%
|
EPS
2 |
0.1900
|
0.4100
|
0.3600
|
0.6600
|
0.6702
|
0.7431
|
0.8232
|
Free Cash Flow
1 |
403
|
417
|
13
|
132
|
700.1
|
666.9
|
651.5
|
FCF margin
|
10.34%
|
9.84%
|
0.25%
|
2.45%
|
13.22%
|
12.03%
|
11.17%
|
FCF Conversion (EBITDA)
|
76.04%
|
64.95%
|
1.58%
|
13.46%
|
71.57%
|
63.58%
|
58.05%
|
FCF Conversion (Net income)
|
292.03%
|
121.93%
|
4.32%
|
24.31%
|
125.75%
|
108.61%
|
95.57%
|
Dividend per Share
2 |
0.2000
|
0.2400
|
0.3000
|
0.3600
|
0.3782
|
0.4090
|
0.4420
|
Announcement Date
|
2/16/21
|
2/10/22
|
2/17/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,278
|
1,164
|
1,295
|
1,402
|
1,434
|
1,418
|
1,483
|
1,319
|
1,342
|
1,217
|
1,351
|
1,349
|
1,412
|
1,288
|
1,412
|
EBITDA
1 |
188
|
196
|
178
|
244
|
235
|
236
|
285
|
252
|
249
|
242
|
252.6
|
247.9
|
254.8
|
240
|
260
|
EBIT
1 |
164
|
157
|
155
|
207
|
212
|
215
|
246
|
213
|
225
|
200
|
218
|
218
|
224
|
202
|
221
|
Operating Margin
|
12.83%
|
13.49%
|
11.97%
|
14.76%
|
14.78%
|
15.16%
|
16.59%
|
16.15%
|
16.77%
|
16.43%
|
16.14%
|
16.16%
|
15.86%
|
15.68%
|
15.65%
|
Earnings before Tax (EBT)
1 |
116
|
119
|
-24
|
177
|
169
|
185
|
210
|
165
|
175
|
165
|
193.4
|
192.1
|
199.7
|
187.9
|
219.6
|
Net income
1 |
121
|
88
|
-23
|
132
|
104
|
135
|
148
|
123
|
137
|
121
|
145.9
|
148
|
153
|
143.5
|
167.7
|
Net margin
|
9.47%
|
7.56%
|
-1.78%
|
9.42%
|
7.25%
|
9.52%
|
9.98%
|
9.33%
|
10.21%
|
9.94%
|
10.8%
|
10.97%
|
10.84%
|
11.14%
|
11.88%
|
EPS
2 |
0.1500
|
0.1100
|
-0.0300
|
0.1600
|
0.1300
|
0.1600
|
0.1800
|
0.1500
|
0.1700
|
0.1500
|
0.1781
|
0.1798
|
0.1836
|
0.1749
|
0.2014
|
Dividend per Share
|
0.2400
|
-
|
-
|
-
|
0.3000
|
-
|
-
|
-
|
0.3600
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/10/22
|
4/21/22
|
7/22/22
|
10/28/22
|
2/17/23
|
5/3/23
|
7/20/23
|
10/27/23
|
2/16/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
799
|
470
|
684
|
884
|
511
|
227
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
237
|
Leverage (Debt/EBITDA)
|
1.508
x
|
0.7321
x
|
0.8331
x
|
0.9011
x
|
0.5223
x
|
0.2163
x
|
-
|
Free Cash Flow
1 |
403
|
417
|
13
|
132
|
700
|
667
|
652
|
ROE (net income / shareholders' equity)
|
12.3%
|
15.5%
|
18.3%
|
21.9%
|
20.3%
|
20.7%
|
20.9%
|
ROA (Net income/ Total Assets)
|
4.51%
|
5.83%
|
6.69%
|
7.81%
|
7.52%
|
7.92%
|
8.69%
|
Assets
1 |
3,057
|
5,869
|
4,497
|
6,955
|
7,406
|
7,751
|
7,848
|
Book Value Per Share
2 |
2.460
|
2.720
|
2.840
|
3.160
|
3.460
|
3.840
|
4.290
|
Cash Flow per Share
2 |
0.6800
|
0.6100
|
0.1500
|
0.3700
|
1.130
|
1.000
|
1.020
|
Capex
1 |
88
|
91
|
114
|
170
|
155
|
152
|
160
|
Capex / Sales
|
2.26%
|
2.15%
|
2.15%
|
3.15%
|
2.93%
|
2.74%
|
2.74%
|
Announcement Date
|
2/16/21
|
2/10/22
|
2/17/23
|
2/16/24
|
-
|
-
|
-
|
Last Close Price
10.8
EUR Average target price
11.84
EUR Spread / Average Target +9.58% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.50% | 9.58B | | +16.37% | 59.55B | | +27.87% | 37.91B | | +30.70% | 28.87B | | +28.93% | 25.76B | | +14.81% | 24.32B | | +2.27% | 22.07B | | +19.93% | 18.46B | | -3.69% | 14.61B | | +19.64% | 12.1B |
Other Heavy Machinery & Vehicles
|