Market Closed -
Xetra
11:36:10 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
83.12
EUR
|
+0.56%
|
|
-0.50%
|
+14.08%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
37,910
|
36,577
|
30,243
|
26,475
|
28,729
|
32,413
|
-
|
-
|
Enterprise Value (EV)
1 |
39,955
|
38,052
|
31,279
|
28,294
|
28,729
|
31,871
|
30,848
|
29,594
|
P/E ratio
|
19.2
x
|
28.4
x
|
18.8
x
|
22
x
|
23.1
x
|
16.2
x
|
15
x
|
13.9
x
|
Yield
|
2.01%
|
2%
|
2.57%
|
2.85%
|
2.54%
|
2.33%
|
2.45%
|
2.6%
|
Capitalization / Revenue
|
1.88
x
|
1.9
x
|
1.51
x
|
1.13
x
|
1.34
x
|
1.49
x
|
1.44
x
|
1.4
x
|
EV / Revenue
|
1.99
x
|
1.98
x
|
1.56
x
|
1.21
x
|
1.34
x
|
1.46
x
|
1.37
x
|
1.28
x
|
EV / EBITDA
|
10
x
|
10.4
x
|
9.21
x
|
9.83
x
|
8.27
x
|
8.48
x
|
7.82
x
|
7.27
x
|
EV / FCF
|
15.6
x
|
16.1
x
|
21.2
x
|
43.3
x
|
10.9
x
|
16
x
|
14.6
x
|
14
x
|
FCF Yield
|
6.42%
|
6.22%
|
4.73%
|
2.31%
|
9.21%
|
6.26%
|
6.84%
|
7.16%
|
Price to Book
|
2.16
x
|
2.25
x
|
1.57
x
|
1.37
x
|
-
|
1.68
x
|
1.58
x
|
1.48
x
|
Nbr of stocks (in thousands)
|
434,278
|
434,143
|
434,032
|
426,105
|
422,091
|
419,327
|
-
|
-
|
Reference price
2 |
92.20
|
92.30
|
71.14
|
65.02
|
72.86
|
83.12
|
83.12
|
83.12
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/23/22
|
3/7/23
|
3/4/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
20,114
|
19,250
|
20,066
|
23,397
|
21,514
|
21,786
|
22,473
|
23,113
|
EBITDA
1 |
3,977
|
3,675
|
3,395
|
2,879
|
3,474
|
3,756
|
3,945
|
4,070
|
EBIT
1 |
3,220
|
2,579
|
2,686
|
2,319
|
2,556
|
2,938
|
3,125
|
3,267
|
Operating Margin
|
16.01%
|
13.4%
|
13.39%
|
9.91%
|
11.88%
|
13.49%
|
13.91%
|
14.13%
|
Earnings before Tax (EBT)
1 |
2,811
|
1,925
|
2,149
|
1,689
|
1,888
|
2,637
|
2,872
|
2,995
|
Net income
1 |
2,085
|
1,408
|
1,634
|
1,259
|
1,318
|
1,891
|
2,051
|
2,135
|
Net margin
|
10.37%
|
7.31%
|
8.14%
|
5.38%
|
6.13%
|
8.68%
|
9.13%
|
9.24%
|
EPS
2 |
4.810
|
3.250
|
3.780
|
2.950
|
3.150
|
5.120
|
5.560
|
5.993
|
Free Cash Flow
1 |
2,564
|
2,365
|
1,478
|
654
|
2,647
|
1,994
|
2,109
|
2,118
|
FCF margin
|
12.75%
|
12.29%
|
7.37%
|
2.8%
|
12.3%
|
9.15%
|
9.38%
|
9.17%
|
FCF Conversion (EBITDA)
|
64.47%
|
64.35%
|
43.53%
|
22.72%
|
76.19%
|
53.07%
|
53.45%
|
52.05%
|
FCF Conversion (Net income)
|
122.97%
|
167.97%
|
90.45%
|
51.95%
|
200.83%
|
105.44%
|
102.8%
|
99.24%
|
Dividend per Share
2 |
1.850
|
1.850
|
1.830
|
1.850
|
1.850
|
1.940
|
2.035
|
2.159
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/23/22
|
3/7/23
|
3/4/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
---|
Net sales
1 |
10,024
|
9,485
|
9,765
|
9,926
|
5,092
|
5,047
|
10,140
|
5,271
|
5,642
|
10,913
|
5,976
|
5,509
|
11,485
|
5,609
|
5,317
|
10,926
|
5,440
|
5,148
|
10,588
|
5,317
|
5,441
|
10,733
|
5,740
|
5,370
|
10,936
|
-
|
EBITDA
|
-
|
-
|
2,099
|
1,810
|
-
|
-
|
1,613
|
-
|
-
|
1,536
|
-
|
-
|
1,343
|
-
|
-
|
1,675
|
-
|
-
|
1,799
|
-
|
-
|
1,847
|
-
|
-
|
1,838
|
-
|
EBIT
|
1,579
|
1,191
|
1,388
|
1,430
|
-
|
-
|
1,256
|
-
|
-
|
1,166
|
-
|
-
|
1,153
|
-
|
-
|
1,254
|
-
|
-
|
1,302
|
-
|
-
|
1,500
|
-
|
-
|
1,494
|
-
|
Operating Margin
|
15.75%
|
12.56%
|
14.21%
|
14.41%
|
-
|
-
|
12.39%
|
-
|
-
|
10.68%
|
-
|
-
|
10.04%
|
-
|
-
|
11.48%
|
-
|
-
|
12.3%
|
-
|
-
|
13.98%
|
-
|
-
|
13.67%
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
883
|
1,267
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
997
|
-
|
632
|
-
|
-
|
-
|
-
|
223.5
|
223.5
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
471.3
|
471.3
|
-
|
474
|
474
|
-
|
-
|
Net margin
|
9.95%
|
-
|
6.47%
|
-
|
-
|
-
|
-
|
4.24%
|
3.96%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
8.94%
|
8.66%
|
-
|
8.26%
|
8.83%
|
-
|
-
|
EPS
2 |
2.300
|
-
|
-
|
2.180
|
-
|
-
|
-
|
0.5200
|
0.5200
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.126
|
1.126
|
-
|
1.132
|
1.132
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.4865
|
0.4865
|
-
|
0.4865
|
0.4865
|
-
|
0.5058
|
Announcement Date
|
3/5/20
|
8/6/20
|
3/4/21
|
8/12/21
|
11/23/21
|
2/23/22
|
2/23/22
|
5/5/22
|
8/15/22
|
8/15/22
|
11/8/22
|
3/7/23
|
3/7/23
|
5/10/23
|
8/10/23
|
8/10/23
|
12/4/23
|
3/4/24
|
3/4/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,045
|
1,475
|
1,036
|
1,819
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
542
|
1,564
|
2,819
|
Leverage (Debt/EBITDA)
|
0.5142
x
|
0.4014
x
|
0.3052
x
|
0.6318
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,564
|
2,365
|
1,478
|
654
|
2,647
|
1,994
|
2,109
|
2,119
|
ROE (net income / shareholders' equity)
|
12.4%
|
7.6%
|
9.1%
|
6.3%
|
6.6%
|
10.1%
|
10.3%
|
10%
|
ROA (Net income/ Total Assets)
|
7.05%
|
4.57%
|
5.2%
|
5.05%
|
4.06%
|
6.35%
|
6.71%
|
6.01%
|
Assets
1 |
29,593
|
30,829
|
31,453
|
24,912
|
32,449
|
29,794
|
30,546
|
35,538
|
Book Value Per Share
2 |
42.70
|
40.90
|
45.40
|
47.60
|
-
|
49.40
|
52.60
|
56.30
|
Cash Flow per Share
2 |
7.480
|
7.090
|
4.930
|
2.910
|
-
|
6.140
|
6.690
|
6.610
|
Capex
1 |
677
|
715
|
624
|
593
|
608
|
705
|
727
|
740
|
Capex / Sales
|
3.37%
|
3.71%
|
3.11%
|
2.53%
|
2.83%
|
3.23%
|
3.24%
|
3.2%
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/23/22
|
3/7/23
|
3/4/24
|
-
|
-
|
-
|
Last Close Price
83.12
EUR Average target price
81.32
EUR Spread / Average Target -2.17% Consensus |
1st Jan change
|
Capi.
|
---|
| +14.08% | 35.15B | | -2.19% | 4.34B | | +18.00% | 1.41B | | -4.58% | 1.31B | | +20.28% | 1.25B | | -24.88% | 777M | | -23.09% | 756M | | -17.50% | 735M | | -36.19% | 665M | | -15.77% | 629M |
Adhesive & Epoxy
|