TOSCANA AEROPORTI S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.7 EUR | 0.00% |
|
0.00% | +1.74% |
| Apr. 05 | Toscana Aeroporti, passenger numbers rise to double digits in March | AN |
| Mar. 26 | Toscana Aeroporti, shareholders' agreement to manage Elba Island airport | AN |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 263.4 | 323.8 | 255 | 239.2 | 215 | 217.8 | 217.8 | - |
| Enterprise Value (EV) 1 | 291.5 | 356.9 | 332.3 | 334.5 | 300.4 | 301.4 | 303 | 348.6 |
| P/E ratio | 18 x | - | -20.4 x | -45.5 x | 46 x | - | - | - |
| Yield | 4.95% | 2.88% | - | - | - | - | - | - |
| Capitalization / Revenue | 2 x | 2.49 x | 4.18 x | 3.32 x | 2.38 x | 1.8 x | 1.23 x | - |
| EV / Revenue | 2.21 x | 2.74 x | 5.45 x | 4.64 x | 3.32 x | 2.49 x | 1.71 x | - |
| EV / EBITDA | 9.2 x | 9.89 x | -415 x | 51.2 x | - | 10.8 x | 7.8 x | - |
| EV / FCF | 18,091,623 x | 26,271,618 x | - | -23,257,180 x | - | - | - | - |
| FCF Yield | 0% | 0% | - | -0% | - | - | - | - |
| Price to Book | 2.23 x | - | - | 2.36 x | - | - | - | - |
| Nbr of stocks (in thousands) | 18,612 | 18,612 | 18,612 | 18,612 | 18,612 | 18,612 | 18,612 | - |
| Reference price 2 | 14.15 | 17.40 | 13.70 | 12.85 | 11.55 | 11.70 | 11.70 | 11.70 |
| Announcement Date | 3/14/19 | 3/12/20 | 3/11/21 | 3/16/22 | 3/15/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 131.9 | 130.2 | 60.99 | 72.1 | 90.41 | 120.8 | 176.8 |
| EBITDA 1 | 31.7 | 36.1 | -0.801 | 6.535 | - | 27.99 | 38.87 |
| EBIT 1 | 18.66 | 21.25 | -14.65 | -9.765 | 7.197 | 16 | 31.86 |
| Operating Margin | 14.14% | 16.32% | -24.02% | -13.54% | 7.96% | 13.25% | 18.02% |
| Earnings before Tax (EBT) 1 | - | - | -15.89 | -12.27 | 3.066 | 9.75 | 26.7 |
| Net income 1 | - | - | -12.47 | -5.256 | 4.675 | 7.68 | 18.78 |
| Net margin | - | - | -20.45% | -7.29% | 5.17% | 6.36% | 10.62% |
| EPS | 0.7843 | - | -0.6700 | -0.2824 | 0.2510 | - | - |
| Free Cash Flow | 16.11 | 13.59 | - | -14.38 | - | - | - |
| FCF margin | 12.21% | 10.43% | - | -19.95% | - | - | - |
| FCF Conversion (EBITDA) | 50.83% | 37.63% | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share | 0.7000 | 0.5010 | - | - | - | - | - |
| Announcement Date | 3/14/19 | 3/12/20 | 3/11/21 | 3/16/22 | 3/15/23 | - | - |
1EUR in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2020 S1 | 2021 Q2 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 58.38 | - | 13.44 | 20.25 | 19.58 | 32.26 | 15.11 | - | 33.95 | 9.818 | 19.49 |
| EBITDA 1 | 13.6 | -5.396 | -2.537 | -8.318 | 2.014 | 12.84 | -2.005 | - | 9.396 | - | 2.597 |
| EBIT 1 | 8.855 | -11.69 | -6.206 | -15.15 | -2.307 | 7.693 | -5.475 | - | 5.713 | 4.067 | -0.817 |
| Operating Margin | 15.17% | - | -46.17% | -74.82% | -11.78% | 23.84% | -36.23% | - | 16.83% | 41.42% | -4.19% |
| Earnings before Tax (EBT) 1 | - | -12.29 | -6.813 | -16.41 | -3.003 | 7.145 | -6.123 | - | 4.676 | 2.738 | -2.28 |
| Net income 1 | - | -8.9 | -5.594 | - | -2.388 | 10.45 | - | -3.406 | 3.729 | 4.352 | -1.753 |
| Net margin | - | - | -41.61% | - | -12.19% | 32.39% | - | - | 10.98% | 44.33% | -9% |
| EPS | - | - | - | - | - | - | - | -0.1830 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/6/19 | 8/4/20 | 9/8/21 | 9/8/21 | 11/16/21 | 3/16/22 | 5/12/22 | 9/12/22 | 11/14/22 | 3/15/23 | 5/12/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 28.2 | 33.1 | 77.3 | 95.3 | 85.4 | 83.6 | 85.3 | 131 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.888 x | 0.9163 x | -96.54 x | 14.59 x | - | 2.987 x | 2.194 x | - |
| Free Cash Flow | 16.1 | 13.6 | - | -14.4 | - | - | - | - |
| ROE (net income / shareholders' equity) | - | - | - | -5.05% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 6.350 | - | - | 5.450 | - | - | - | - |
| Cash Flow per Share | 1.840 | 1.590 | - | 0.0400 | - | - | - | - |
| Capex | 18.1 | 16 | - | 15.1 | 9.11 | - | - | - |
| Capex / Sales | 13.74% | 12.28% | - | 20.91% | 10.07% | - | - | - |
| Announcement Date | 3/14/19 | 3/12/20 | 3/11/21 | 3/16/22 | 3/15/23 | - | - | - |
1EUR in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
11.7
EUR
Average target price
12.4
EUR
Spread / Average Target
+5.98%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +1.74% | 232M | |
| +7.13% | 28.15B | |
| +14.40% | 12.88B | |
| +1.11% | 12.49B | |
| +22.68% | 10.66B | |
| +6.10% | 9.26B | |
| -11.93% | 6.8B | |
| +12.66% | 6.57B | |
| +6.89% | 6.3B | |
| +38.59% | 3.57B |
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- Financials Toscana Aeroporti S.p.A.
