| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 45 752 | 49 128 | 56 480 | 58 802 | 62 662 | 66 263 | | Operating income (EBITDA) | 2 769 | 3 520 | 4 239 | 5 461 | 6 494 | 7 284 | | Operating profit (EBIT) | 1 187 | 1 696 | 2 186 | 3 362 | 4 279 | 4 889 | | Pre-Tax Profit (EBT) | 816 | 1 393 | 1 678 | 2 870 | 3 687 | 4 065 | | Net income | 553 | 1 033 | 1 228 | 2 029 | 2 695 | 3 078 | | EPS ( €) | 0,68 | 1,27 | 1,50 | 2,65 | 3,62 | 4,18 | | Dividend per Share ( €) | 0,22 | 0,45 | 0,60 | 0,98 | 1,27 | 1,61 | | Yield | 0,51% | 1,05% | 1,40% | 2,27% | 2,96% | 3,75% | | Announcement Date | 03/10/2011 11:40am | 03/08/2012 07:04pm | 02/27/2013 06:00am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | 5 196 | - | - | - | | Finance | 11 918 | 11 681 | - | 4 471 | 5 166 | 4 346 | | Operating income (EBITDA) | 2 769 | 3 520 | 4 239 | 5 461 | 6 494 | 7 284 | Leverage (Debt/EBITDA) | - | - | 1,23x | - | - | - | | Capital Expenditure | 2 250 | 2 197 | 3 270 | 2 899 | 2 686 | 2 695 | | Book Value Per Share (BVPS) | 10,9 € | 10,9 € | 12,6 € | 12,5 € | 15,2 € | 18,4 € | | Cash Flow per Share | 6,16 € | 5,28 € | 4,69 € | 4,97 € | 6,04 € | 7,70 € | | Announcement Date | 03/10/2011 11:40am | 03/08/2012 07:04pm | 02/27/2013 06:00am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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16,3x |
11,9x |
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Capitalization / Revenue
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0,61x |
0,57x |
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EV / Revenue
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0,53x |
0,49x |
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EV / EBITDA
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5,73x |
4,71x |
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Yield (DPS / Price)
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2,27% |
2,96% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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5,72% |
6,83% |
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operating laverage (Delta EBIT / Delta Sales)
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13,1x |
4,15x |
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Net Margin (Net Profit / Revenue)
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3,45% |
4,30% |
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ROA (Net Profit / Asset)
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2,40% |
2,97% |
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ROE (Net Profit / Equities)
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21,7% |
25,3% |
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Rate of Dividend
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36,9% |
35,1% |
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