| 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 | 126 875 | 159 337 | 192 676 | 199 942 | 210 129 | 219 840 | | Operating income (EBITDA) | 17 238 | 18 950 | 19 906 | 23 314 | 26 165 | 27 963 | | Operating profit (EBIT) | 7 141 | 11 271 | 11 510 | 12 125 | 14 288 | 15 781 | | Pre-Tax Profit (EBT) | 8 994 | 18 926 | 25 492 | 14 485 | 16 962 | 19 348 | | Net income | 6 835 | 15 409 | 21 717 | 10 481 | 11 868 | 13 425 | | EPS ( €) | 15,2 | 33,2 | 46,5 | 22,0 | 25,2 | 26,5 | | Dividend per Share ( €) | 2,26 | 3,06 | 3,56 | 4,11 | 5,18 | 5,90 | | Yield | 1,31% | 1,77% | 2,06% | 2,38% | 3,00% | 3,42% | | Announcement Date | 02/25/2011 06:30pm | 02/24/2012 11:33am | 02/22/2013 01:58pm | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | 9 601 | 7 870 | 6 306 | | Finance | 18 639 | 15 015 | 10 573 | - | - | - | | Operating income (EBITDA) | 17 238 | 18 950 | 19 906 | 23 314 | 26 165 | 27 963 | Leverage (Debt/EBITDA) | - | - | - | 0,41x | 0,30x | 0,23x | | Capital Expenditure | 5 758 | 8 087 | 10 493 | 14 213 | 14 743 | 14 935 | | Book Value Per Share (BVPS) | 98,8 € | 124 € | 167 € | 176 € | 196 € | 217 € | | Cash Flow per Share | 25,5 € | 24,2 € | 15,4 € | 44,3 € | 47,1 € | 49,4 € | | Announcement Date | 02/25/2011 06:30pm | 02/24/2012 11:33am | 02/22/2013 01:58pm | - | - | - |
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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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7,83x |
6,85x |
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Capitalization / Revenue
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0,40x |
0,38x |
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EV / Revenue
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0,45x |
0,42x |
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EV / EBITDA
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3,82x |
3,33x |
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Yield (DPS / Price)
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2,38% |
3,00% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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6,06% |
6,80% |
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operating laverage (Delta EBIT / Delta Sales)
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1,42x |
3,50x |
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Net Margin (Net Profit / Revenue)
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5,24% |
5,65% |
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ROA (Net Profit / Asset)
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4,82% |
5,35% |
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ROE (Net Profit / Equities)
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12,5% |
13,3% |
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Rate of Dividend
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18,7% |
20,6% |
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