Financials SNGN Romgaz SA

Equities

SNG

ROSNGNACNOR3

Oil & Gas Exploration and Production

End-of-day quote Bucharest S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
52.2 RON -0.95% Intraday chart for SNGN Romgaz SA +1.16% +4.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 10,715 14,299 10,830 15,031 14,550 20,119 20,119 -
Enterprise Value (EV) 1 9,267 12,869 8,427 11,459 14,013 17,401 20,815 22,942
P/E ratio 7.53 x 10 x 8.62 x 7.93 x 5.72 x 6.86 x 8.49 x 8.61 x
Yield 21.7% 4.34% 6.37% 9.74% 9.06% 6.43% 5.43% 6.51%
Capitalization / Revenue 2.14 x 2.81 x 2.66 x 2.57 x 1.09 x 2.15 x 2.41 x 2.26 x
EV / Revenue 1.85 x 2.53 x 2.07 x 1.96 x 1.05 x 1.93 x 2.49 x 2.57 x
EV / EBITDA 4.12 x 5.03 x 4.52 x 4.14 x 3.98 x 3.24 x 4.68 x 6.48 x
EV / FCF 9.37 x 5.7 x 4.28 x 4.63 x 4.75 x 7.42 x 21.7 x 52.9 x
FCF Yield 10.7% 17.6% 23.4% 21.6% 21.1% 13.5% 4.6% 1.89%
Price to Book 1.4 x 1.91 x 1.39 x 1.93 x 1.44 x 1.67 x 1.63 x 1.43 x
Nbr of stocks (in thousands) 385,422 385,422 385,422 385,422 385,422 385,422 385,422 -
Reference price 2 27.80 37.10 28.10 39.00 37.75 52.20 52.20 52.20
Announcement Date 2/15/19 2/25/20 2/25/21 2/25/22 2/28/23 2/28/24 - -
1RON in Million2RON
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 5,001 5,080 4,075 5,853 13,380 9,002 8,363 8,914
EBITDA 1 2,247 2,559 1,863 2,766 3,525 5,374 4,448 3,539
EBIT 1 1,606 1,647 1,385 2,076 2,975 4,898 3,866 2,766
Operating Margin 32.1% 32.42% 34% 35.48% 22.23% 54.41% 46.23% 31.03%
Earnings before Tax (EBT) 1 1,659 1,685 1,433 2,135 3,147 5,067 4,011 2,783
Net income 1 1,428 1,428 1,255 1,897 2,544 2,812 2,370 2,337
Net margin 28.56% 28.11% 30.79% 32.41% 19.02% 31.24% 28.33% 26.22%
EPS 2 3.690 3.710 3.260 4.920 6.600 7.300 6.150 6.065
Free Cash Flow 1 989.2 2,259 1,970 2,476 2,951 2,345 957.7 434
FCF margin 19.78% 44.46% 48.35% 42.3% 22.06% 26.05% 11.45% 4.87%
FCF Conversion (EBITDA) 44.02% 88.26% 105.77% 89.5% 83.72% 43.64% 21.53% 12.26%
FCF Conversion (Net income) 69.26% 158.14% 157.04% 130.51% 115.98% 83.4% 40.41% 18.57%
Dividend per Share 2 6.030 1.610 1.790 3.800 3.420 3.357 2.835 3.398
Announcement Date 2/15/19 2/25/20 2/25/21 2/25/22 2/28/23 2/28/24 - -
1RON in Million2RON
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 2,875 922.8 1,246 2,356 3,926 3,570 3,316 2,568 2,909 1,988 1,913 2,192
EBITDA 1 1,493 489.9 621.7 958.9 - 956.2 712.4 629.8 1,882 1,277 1,115 1,100
EBIT 1,127 326.8 - 765.4 - 825.7 - 449.7 1,742 1,156 1,008 -
Operating Margin 39.22% 35.41% - 32.48% - 23.13% - 17.51% 59.9% 58.15% 52.68% -
Earnings before Tax (EBT) 1 1,151 339.6 447.5 785.4 - 887.9 612.5 476.9 1,785 1,220 1,042 1,020
Net income 1 975.9 297.8 394.8 740.7 - 746.3 511.9 306.7 970 715.6 483.1 643.4
Net margin 33.95% 32.27% 31.67% 31.43% - 20.9% 15.43% 11.94% 33.34% 35.99% 25.25% 29.36%
EPS 2 2.500 0.8000 1.020 1.920 - 1.900 1.330 0.8000 2.520 - 1.300 1.700
Dividend per Share - - - - - - - - - - - -
Announcement Date 8/14/19 8/13/21 11/12/21 2/25/22 5/13/22 8/12/22 11/15/22 2/28/23 5/12/23 8/11/23 11/15/23 2/28/24
1RON in Million2RON
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - 696 2,823
Net Cash position 1 1,448 1,430 2,404 3,572 536 1,909 - -
Leverage (Debt/EBITDA) - - - - - - 0.1564 x 0.7977 x
Free Cash Flow 1 989 2,259 1,970 2,476 2,951 2,345 958 434
ROE (net income / shareholders' equity) 16.4% 18.8% 16.8% 22.7% 26.7% 26% 19.3% 17%
ROA (Net income/ Total Assets) 13.6% 16.1% 14.3% 18.4% 19.8% 18.3% 23.2% 12.1%
Assets 1 10,483 8,866 8,755 10,313 12,844 14,534 10,214 19,317
Book Value Per Share 2 19.90 19.40 20.20 20.20 26.10 30.00 32.10 36.60
Cash Flow per Share 5.540 - - - 8.970 - - -
Capex 1 1,154 174 868 91.9 506 1,193 4,550 2,067
Capex / Sales 23.07% 3.42% 21.3% 1.57% 3.78% 13.25% 54.41% 23.19%
Announcement Date 2/15/19 2/25/20 2/25/21 2/25/22 2/28/23 2/28/24 - -
1RON in Million2RON
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
52.2 RON
Average target price
53.85 RON
Spread / Average Target
+3.16%
Consensus
  1. Stock Market
  2. Equities
  3. SNG Stock
  4. Financials SNGN Romgaz SA