OMV PETROM S.A.

SNP
End-of-day quote. End-of-day quote  - 01/20
0.47RON 0.00%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 20 59026 623
Enterprise Value (EV)1 12 89116 883
P/E ratio 15,9x9,69x
Yield 8,53%6,53%
Capitalization / Revenue 1,04x1,11x
EV / Revenue 0,65x0,71x
EV / EBITDA 2,29x2,34x
Price to Book 0,62x0,79x
Nbr of stocks (in thousands) 56 643 90456 643 904
Reference price (RON) 0,360,47
Announcement Date 02/04/2021-
Previous period Next period
1 RON in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 19 71723 885
EBITDA1 5 6347 210
Operating profit (EBIT)1 2 2873 580
Operating Margin 11,6%15,0%
Pre-Tax Profit (EBT)1 1 4793 033
Net income1 1 2912 738
Net margin 6,55%11,5%
EPS2 0,020,05
Dividend per Share2 0,030,03
Announcement Date 02/04/2021-
Previous period Next period
1 RON in Million
2 RON
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 7 6999 740
Leverage (Debt / EBITDA) -1,37x-1,35x
Free Cash Flow1 2 1102 999
ROE (Net Profit / Equities) 3,88%7,80%
Shareholders' equity1 33 28635 105
ROA (Net Profit / Asset) 2,71%5,73%
Assets1 47 55847 759
Book Value Per Share2 0,580,60
Cash Flow per Share2 0,100,10
Capex1 3 4453 829
Capex / Sales 17,5%16,0%
Announcement Date 02/04/2021-
Previous period Next period
1 RON in Million
2 RON
Financial Ratios
Size 2021e 2022e
Capitalization 26 623 M RON -
Enterprise Value (EV) 16 883 M RON 17 419 M RON
Valuation 2021e 2022e
P/E ratio (Price / EPS) 9,69x 8,20x
Capitalization / Revenue 1,11x 1,05x
EV / Revenue 0,71x 0,67x
EV / EBITDA 2,34x 2,30x
Yield (DPS / Price) 6,53% 7,73%
Price to book (Price / BVPS) 0,79x 0,75x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 15,0% 16,4%
Operating Leverage (Delta EBIT / Delta Sales) 2,68x 2,67x
Net Margin (Net Profit / Revenue) 11,5% 12,9%
ROA (Net Profit / Asset) 5,73% 7,23%
ROE (Net Profit / Equities) 7,80% 10,3%
Rate of Dividend 63,2% 63,4%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   16,0% 17,8%
Cash Flow / Sales 23,0% 30,9%
Capital Intensity (Assets / Sales) 2,00x 1,78x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend