NEW WORK SE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 59.4 EUR | -1.33% |
|
-1.98% | -24.62% |
| Feb. 28 | NEW WORK : Hauck & Aufhauser remains Neutral | ZD |
| Feb. 27 | Transcript : New Work SE, 2023 Earnings Call, Feb 27, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,641 | 1,574 | 1,222 | 857.7 | 442.9 | 333.9 | - | - |
| Enterprise Value (EV) 1 | 1,615 | 1,570 | 1,132 | 819.3 | 402.9 | 308.3 | 290.7 | 236.6 |
| P/E ratio | 47.6 x | 60.2 x | 30.9 x | 19.8 x | 12 x | 60.9 x | 15.3 x | 13.7 x |
| Yield | 0.89% | 0.93% | 1.29% | 4.4% | 1.27% | 1.68% | 1.91% | 1.86% |
| Capitalization / Revenue | 6.09 x | 5.69 x | 4.2 x | 2.74 x | 1.45 x | 1.22 x | 1.23 x | 1.21 x |
| EV / Revenue | 5.99 x | 5.68 x | 3.89 x | 2.61 x | 1.32 x | 1.13 x | 1.07 x | 0.86 x |
| EV / EBITDA | 18.9 x | 17.9 x | 11.6 x | 7.87 x | 4.34 x | 6.95 x | 4.34 x | 3.5 x |
| EV / FCF | 36.5 x | 32.8 x | 27.7 x | 17.2 x | 12.2 x | 10.3 x | 9.79 x | 7.53 x |
| FCF Yield | 2.74% | 3.05% | 3.6% | 5.83% | 8.18% | 9.7% | 10.2% | 13.3% |
| Price to Book | 16.2 x | 13.9 x | 8.84 x | 5.87 x | 3.05 x | 3.05 x | 2.21 x | 1.79 x |
| Nbr of stocks (in thousands) | 5,620 | 5,620 | 5,620 | 5,620 | 5,620 | 5,620 | - | - |
| Reference price 2 | 292.0 | 280.0 | 217.5 | 152.6 | 78.80 | 59.40 | 59.40 | 59.40 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/25/22 | 2/23/23 | 2/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 269.5 | 276.5 | 290.9 | 313.4 | 305.6 | 273.4 | 270.7 | 275.3 |
| EBITDA 1 | 85.57 | 87.61 | 97.28 | 104.1 | 92.92 | 44.34 | 66.94 | 67.59 |
| EBIT 1 | 47.03 | 31.56 | 52.48 | 66.17 | 48.83 | 10.97 | 32.56 | 38.46 |
| Operating Margin | 17.45% | 11.41% | 18.04% | 21.12% | 15.98% | 4.01% | 12.03% | 13.97% |
| Earnings before Tax (EBT) 1 | 52.13 | 40.84 | 52.05 | 59.27 | 51.04 | 7.631 | 30.89 | 34.64 |
| Net income 1 | 34.42 | 26.12 | 39.61 | 43.26 | 36.85 | 5.509 | 21.74 | 24.4 |
| Net margin | 12.77% | 9.44% | 13.62% | 13.81% | 12.06% | 2.01% | 8.03% | 8.86% |
| EPS 2 | 6.130 | 4.650 | 7.050 | 7.700 | 6.560 | 0.9747 | 3.870 | 4.336 |
| Free Cash Flow 1 | 44.22 | 47.88 | 40.81 | 47.76 | 32.97 | 29.9 | 29.7 | 31.4 |
| FCF margin | 16.41% | 17.32% | 14.03% | 15.24% | 10.79% | 10.94% | 10.97% | 11.4% |
| FCF Conversion (EBITDA) | 51.68% | 54.65% | 41.95% | 45.87% | 35.48% | 67.43% | 44.37% | 46.46% |
| FCF Conversion (Net income) | 128.46% | 183.34% | 103.04% | 110.4% | 89.47% | 542.79% | 136.63% | 128.69% |
| Dividend per Share 2 | 2.590 | 2.590 | 2.800 | 6.720 | 1.000 | 1.000 | 1.133 | 1.104 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/25/22 | 2/23/23 | 2/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 139 | 73.62 | 78.24 | 75.9 | - | 78.68 | 75.9 | - | 75.65 | 78.23 |
| EBITDA | 52.27 | 26.29 | 18.7 | 25.5 | - | 27.8 | 17.9 | 23.1 | 26.67 | - |
| EBIT | 37.23 | 11.48 | 3.761 | 17.8 | - | - | - | - | 20 | - |
| Operating Margin | 26.79% | 15.6% | 4.81% | 23.45% | - | - | - | - | 26.44% | - |
| Earnings before Tax (EBT) | 37.13 | 11.2 | 3.717 | - | - | - | - | - | - | - |
| Net income | 25.67 | 6.542 | 7.391 | - | 10.44 | 12.8 | 7 | - | - | - |
| Net margin | 18.47% | 8.89% | 9.45% | - | - | 16.26% | 9.22% | - | - | - |
| EPS | 4.570 | 1.160 | 1.320 | - | - | 2.280 | 1.250 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/5/21 | 11/4/21 | 2/25/22 | 5/18/22 | 8/11/22 | 11/10/22 | 5/4/23 | 8/27/23 | 11/9/23 | 2/27/24 |
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 | 26.5 | 4.06 | 90.1 | 38.4 | 40 | 25.6 | 43.2 | 97.3 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 44.2 | 47.9 | 40.8 | 47.8 | 33 | 29.9 | 29.7 | 31.4 |
| ROE (net income / shareholders' equity) | 34.5% | 24.4% | 31.5% | 30.4% | 25.3% | 3.7% | 16.1% | 14.1% |
| ROA (Net income/ Total Assets) | 11.7% | 8.18% | 11% | 11.5% | 10.2% | 1.03% | 6.88% | 7.35% |
| Assets 1 | 294.1 | 319.2 | 359.6 | 377.6 | 362.8 | 536.9 | 315.8 | 332.2 |
| Book Value Per Share 2 | 18.10 | 20.10 | 24.60 | 26.00 | 25.80 | 19.50 | 26.90 | 33.10 |
| Cash Flow per Share 2 | 14.20 | 14.40 | 15.20 | 14.10 | 11.00 | 5.210 | 9.860 | 10.70 |
| Capex 1 | 35.5 | 33.1 | 44.8 | 31.4 | 29.1 | 22.3 | 26.9 | 25.1 |
| Capex / Sales | 13.18% | 11.96% | 15.41% | 10.03% | 9.51% | 8.14% | 9.93% | 9.1% |
| Announcement Date | 2/25/20 | 2/24/21 | 2/25/22 | 2/23/23 | 2/27/24 | - | - | - |
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
HOLD
Number of Analysts
4
Last Close Price
59.4
EUR
Average target price
63.75
EUR
Spread / Average Target
+7.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -24.62% | 356M | |
| +6.70% | 31.29B | |
| +42.95% | 20.08B | |
| -12.63% | 8.55B | |
| -19.63% | 2.14B | |
| -28.83% | 1.32B | |
| +6.88% | 795M | |
| -18.60% | 504M | |
| -1.51% | 346M | |
| +1.20% | 208M |
- Stock Market
- Equities
- NWO Stock
- Financials New Work SE
