ADESSO SE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 106.8 EUR | +2.50% |
|
+4.30% | -0.56% |
| Apr. 22 | ADESSO : Buy rating from Berenberg | ZD |
| Apr. 03 | Adesso Launches First Subsidiary in MENA Region | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 330.4 | 600 | 1,359 | 858.3 | 700.3 | 696.4 | - | - |
| Enterprise Value (EV) 1 | 357.1 | 625.1 | 1,467 | 1,008 | 700.3 | 849.4 | 857 | 861.8 |
| P/E ratio | 19 x | 28.6 x | 27.3 x | 30.1 x | 219 x | 27.7 x | 17.9 x | 13.9 x |
| Yield | 0.88% | 0.54% | 0.29% | 0.49% | - | 0.72% | 0.79% | 0.87% |
| Capitalization / Revenue | 0.73 x | 1.15 x | 2 x | 0.95 x | 0.62 x | 0.54 x | 0.48 x | 0.42 x |
| EV / Revenue | 0.79 x | 1.19 x | 2.16 x | 1.12 x | 0.62 x | 0.66 x | 0.59 x | 0.52 x |
| EV / EBITDA | 7.42 x | 10.3 x | 14.3 x | 10.9 x | 8.75 x | 7.43 x | 6.26 x | 5.61 x |
| EV / FCF | 32.8 x | 11.5 x | 49.6 x | 83.2 x | - | 34.3 x | 30.6 x | 28.1 x |
| FCF Yield | 3.05% | 8.66% | 2.01% | 1.2% | - | 2.92% | 3.27% | 3.56% |
| Price to Book | 3.57 x | 5.86 x | 7.1 x | 4.19 x | - | 2.6 x | 2.35 x | 2.09 x |
| Nbr of stocks (in thousands) | 6,176 | 6,185 | 6,503 | 6,512 | 6,520 | 6,520 | - | - |
| Reference price 2 | 53.50 | 97.00 | 209.0 | 131.8 | 107.4 | 106.8 | 106.8 | 106.8 |
| Announcement Date | 3/31/20 | 3/31/21 | 3/29/22 | 3/31/23 | 3/25/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 449.7 | 523.4 | 678.3 | 900.3 | 1,136 | 1,292 | 1,456 | 1,651 |
| EBITDA 1 | 48.13 | 60.41 | 102.4 | 92.91 | 80.03 | 114.4 | 137 | 153.6 |
| EBIT 1 | 25.54 | 34.23 | 66.42 | 48.15 | 22.31 | 46.37 | 69.1 | 81.4 |
| Operating Margin | 5.68% | 6.54% | 9.79% | 5.35% | 1.96% | 3.59% | 4.75% | 4.93% |
| Earnings before Tax (EBT) 1 | 23.3 | 31.64 | 63.67 | 42.08 | 12.19 | 37.33 | 57.57 | 73.97 |
| Net income 1 | 17.42 | 20.95 | 47.93 | 28.79 | 3.41 | 25.13 | 38.8 | 49.9 |
| Net margin | 3.87% | 4% | 7.07% | 3.2% | 0.3% | 1.95% | 2.66% | 3.02% |
| EPS 2 | 2.820 | 3.390 | 7.650 | 4.380 | 0.4900 | 3.850 | 5.960 | 7.663 |
| Free Cash Flow 1 | 10.89 | 54.16 | 29.55 | 12.12 | - | 24.8 | 28.05 | 30.7 |
| FCF margin | 2.42% | 10.35% | 4.36% | 1.35% | - | 1.92% | 1.93% | 1.86% |
| FCF Conversion (EBITDA) | 22.62% | 89.66% | 28.85% | 13.04% | - | 21.68% | 20.48% | 19.99% |
| FCF Conversion (Net income) | 62.51% | 258.48% | 61.66% | 42.09% | - | 98.67% | 72.29% | 61.52% |
| Dividend per Share 2 | 0.4700 | 0.5200 | 0.6000 | 0.6500 | - | 0.7667 | 0.8433 | 0.9267 |
| Announcement Date | 3/31/20 | 3/31/21 | 3/29/22 | 3/31/23 | 3/25/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|
| Net sales | - | - | - | - |
| EBITDA 1 | - | - | 7.239 | 28.38 |
| EBIT | - | - | - | - |
| Operating Margin | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | 12.46 | 1.793 | - | - |
| Net margin | - | - | - | - |
| EPS | 1.910 | 0.2700 | - | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 5/16/22 | 5/15/23 | 9/25/23 | 12/25/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 26.7 | 25.1 | 108 | 150 | - | 153 | 161 | 165 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.5539 x | 0.4155 x | 1.052 x | 1.616 x | - | 1.338 x | 1.172 x | 1.077 x |
| Free Cash Flow 1 | 10.9 | 54.2 | 29.6 | 12.1 | - | 24.8 | 28.1 | 30.7 |
| ROE (net income / shareholders' equity) | 20.5% | 21.5% | 32.6% | 14.5% | - | 11.8% | 14.8% | 15.9% |
| ROA (Net income/ Total Assets) | - | 6.05% | - | - | - | - | - | - |
| Assets 1 | - | 346.5 | - | - | - | - | - | - |
| Book Value Per Share 2 | 15.00 | 16.50 | 29.40 | 31.50 | - | 41.10 | 45.50 | 51.20 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 11.5 | 10.8 | 18.4 | 24 | - | 41.9 | 47 | 50.6 |
| Capex / Sales | 2.55% | 2.06% | 2.71% | 2.66% | - | 3.24% | 3.23% | 3.06% |
| Announcement Date | 3/31/20 | 3/31/21 | 3/29/22 | 3/31/23 | 3/25/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
106.8
EUR
Average target price
175
EUR
Spread / Average Target
+63.86%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -0.56% | 743M | |
| -12.23% | 194B | |
| +0.74% | 166B | |
| +2.19% | 153B | |
| +4.34% | 99.85B | |
| +7.04% | 77.56B | |
| +19.09% | 73.55B | |
| -7.30% | 71B | |
| -20.54% | 52.81B | |
| +0.53% | 47.86B |
- Stock Market
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- ADN1 Stock
- Financials adesso SE
