| 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 | 7 860 | 8 884 | 9 686 | 9 903 | 10 283 | 10 632 | | Operating income (EBITDA) | 643 | 872 | 758 | 616 | 633 | 672 | | Operating profit (EBIT) | 508 | 559 | 587 | 628 | 664 | 709 | | Pre-Tax Profit (EBT) | - | 559 | 587 | 619 | 650 | 686 | | Net income | 380 | 409 | 446 | 468 | 495 | 524 | | EPS ( €) | 2,97 | 2,87 | 3,17 | 3,50 | 3,68 | 3,93 | | Dividend per Share ( €) | - | 1,10 | 1,20 | 1,31 | 1,40 | 1,47 | | Yield | - | 2,75% | 3,00% | 3,28% | 3,51% | 3,69% | | Announcement Date | 01/25/2011 08:02am | 03/29/2012 01:49pm | 01/24/2013 08:21am | - | - | - |
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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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11,4x |
10,8x |
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Capitalization / Revenue
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0,52x |
0,50x |
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EV / Revenue
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0,57x |
0,55x |
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EV / EBITDA
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9,19x |
8,94x |
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Yield (DPS / Price)
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3,28% |
3,51% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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6,34% |
6,46% |
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operating laverage (Delta EBIT / Delta Sales)
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3,07x |
1,51x |
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Net Margin (Net Profit / Revenue)
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4,72% |
4,81% |
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ROA (Net Profit / Asset)
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7,90% |
7,40% |
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ROE (Net Profit / Equities)
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9,32% |
9,33% |
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Rate of Dividend
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37,5% |
38,0% |
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