KERRY GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 77.8 EUR | +0.06% |
|
-0.38% | -1.09% |
| May. 22 | Barclays cuts NextEnergy but lifts JLEN | AN |
| May. 08 | Kerry Group plc commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 2, 2024. | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 19,610 | 20,939 | 20,028 | 14,909 | 13,828 | 13,467 | - | - |
| Enterprise Value (EV) 1 | 21,601 | 22,884 | 22,152 | 17,127 | 15,432 | 15,251 | 14,941 | 14,265 |
| P/E ratio | 34.7 x | 37.9 x | 26.4 x | 24.7 x | 19.2 x | 18.5 x | 15.9 x | 14.2 x |
| Yield | 0.71% | 0.73% | 0.84% | 1.24% | 1.47% | 1.63% | 1.79% | 1.97% |
| Capitalization / Revenue | 2.71 x | 3.01 x | 2.72 x | 1.7 x | 1.72 x | 1.68 x | 1.59 x | 1.5 x |
| EV / Revenue | 2.98 x | 3.29 x | 3.01 x | 1.95 x | 1.92 x | 1.91 x | 1.76 x | 1.59 x |
| EV / EBITDA | 19.7 x | 22.9 x | 20.6 x | 14.1 x | 13.2 x | 12.3 x | 10.9 x | 9.6 x |
| EV / FCF | 44.9 x | 56.7 x | 61.9 x | 26.7 x | 20.4 x | 23.4 x | 20.5 x | 17.2 x |
| FCF Yield | 2.23% | 1.76% | 1.61% | 3.74% | 4.9% | 4.27% | 4.88% | 5.82% |
| Price to Book | 4.3 x | 4.51 x | 3.57 x | 2.4 x | 2.12 x | 2.03 x | 1.87 x | 1.71 x |
| Nbr of stocks (in thousands) | 176,509 | 176,700 | 176,845 | 176,985 | 175,792 | 173,096 | - | - |
| Reference price 2 | 111.1 | 118.5 | 113.2 | 84.24 | 78.66 | 77.80 | 77.80 | 77.80 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/16/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,241 | 6,953 | 7,351 | 8,772 | 8,020 | 7,993 | 8,487 | 8,960 |
| EBITDA 1 | 1,094 | 997.9 | 1,077 | 1,216 | 1,165 | 1,241 | 1,370 | 1,486 |
| EBIT 1 | 838.4 | 727.1 | 794.7 | 911.8 | 866 | 941.8 | 1,056 | 1,167 |
| Operating Margin | 11.58% | 10.46% | 10.81% | 10.39% | 10.8% | 11.78% | 12.44% | 13.03% |
| Earnings before Tax (EBT) 1 | 645.9 | 635.3 | 816.3 | 699 | 822.6 | 858.1 | 972.1 | 1,083 |
| Net income 1 | 566.5 | 554.1 | 763 | 606.4 | 728.3 | 729.1 | 827.2 | 914.6 |
| Net margin | 7.82% | 7.97% | 10.38% | 6.91% | 9.08% | 9.12% | 9.75% | 10.21% |
| EPS 2 | 3.199 | 3.125 | 4.296 | 3.413 | 4.097 | 4.199 | 4.889 | 5.478 |
| Free Cash Flow 1 | 481.1 | 403.7 | 357.6 | 640.4 | 755.9 | 651.6 | 728.8 | 830.5 |
| FCF margin | 6.64% | 5.81% | 4.86% | 7.3% | 9.42% | 8.15% | 8.59% | 9.27% |
| FCF Conversion (EBITDA) | 43.97% | 40.45% | 33.2% | 52.66% | 64.88% | 52.51% | 53.2% | 55.9% |
| FCF Conversion (Net income) | 84.92% | 72.86% | 46.87% | 105.61% | 103.79% | 89.37% | 88.11% | 90.81% |
| Dividend per Share 2 | 0.7860 | 0.8650 | 0.9520 | 1.048 | 1.154 | 1.266 | 1.395 | 1.534 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/16/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,672 | 3,414 | 3,539 | 3,582 | 3,768 | 4,058 | 4,714 | 4,122 | 3,899 | 3,930 | 4,039 |
| EBITDA 1 | - | - | - | 457.9 | - | 517.7 | 698.4 | 518 | 647.1 | 544 | 699 |
| EBIT 1 | - | 315.9 | 444.9 | 357.1 | - | - | 544.2 | 366.9 | 499.1 | 394 | 542 |
| Operating Margin | - | 9.25% | 12.57% | 9.97% | - | - | 11.54% | 8.9% | 12.8% | 10.03% | 13.42% |
| Earnings before Tax (EBT) | - | 244.9 | - | 262.9 | - | - | - | - | - | - | - |
| Net income | - | 213.1 | - | 227 | - | - | - | - | - | - | - |
| Net margin | - | 6.24% | - | 6.34% | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/18/20 | 7/31/20 | 2/16/21 | 7/30/21 | 2/16/22 | 7/29/22 | 2/16/23 | 8/2/23 | 2/15/24 | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,991 | 1,946 | 2,124 | 2,217 | 1,604 | 1,784 | 1,474 | 798 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.82 x | 1.95 x | 1.972 x | 1.823 x | 1.377 x | 1.438 x | 1.076 x | 0.5372 x |
| Free Cash Flow 1 | 481 | 404 | 358 | 640 | 756 | 652 | 729 | 831 |
| ROE (net income / shareholders' equity) | 13.2% | 13.3% | 14.9% | 13.2% | 12% | 11.8% | 12.3% | 12.4% |
| ROA (Net income/ Total Assets) | 6.36% | 6.45% | 7.32% | 6.6% | 6.08% | 6.4% | 6.79% | 6.95% |
| Assets 1 | 8,914 | 8,587 | 10,419 | 9,186 | 11,988 | 11,397 | 12,178 | 13,153 |
| Book Value Per Share 2 | 25.80 | 26.30 | 31.70 | 35.20 | 37.10 | 38.30 | 41.70 | 45.60 |
| Cash Flow per Share 2 | 4.310 | 3.790 | 3.680 | 4.060 | 5.840 | 5.760 | 6.150 | 6.590 |
| Capex 1 | 283 | 269 | 296 | 183 | 282 | 321 | 342 | 372 |
| Capex / Sales | 3.91% | 3.86% | 4.03% | 2.09% | 3.51% | 4.01% | 4.03% | 4.15% |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/16/23 | 2/15/24 | - | - | - |
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
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
77.8
EUR
Average target price
97.29
EUR
Spread / Average Target
+25.05%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -1.09% | 14.6B | |
| -2.00% | 277B | |
| -5.38% | 91.92B | |
| -4.35% | 42.95B | |
| +0.75% | 41.25B | |
| +6.11% | 40.01B | |
| +5.54% | 38.81B | |
| -13.54% | 30.87B | |
| -11.43% | 27.21B | |
| +7.73% | 24.19B |
- Stock Market
- Equities
- KRZ Stock
- Financials Kerry Group plc
