Market Closed -
Borsa Italiana
11:44:59 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
31.51
EUR
|
+1.58%
|
|
+0.54%
|
+0.54%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,712
|
7,643
|
10,667
|
6,249
|
7,068
|
7,113
|
-
|
-
|
Enterprise Value (EV)
1 |
6,498
|
8,277
|
11,539
|
7,581
|
7,068
|
8,450
|
8,342
|
8,042
|
P/E ratio
|
52.4
x
|
75.5
x
|
67.6
x
|
34.9
x
|
45.2
x
|
35.2
x
|
29.6
x
|
25.1
x
|
Yield
|
-
|
0.65%
|
0.55%
|
1.04%
|
-
|
1.05%
|
1.23%
|
1.48%
|
Capitalization / Revenue
|
3.3
x
|
4.91
x
|
5.48
x
|
2.95
x
|
3.13
x
|
2.9
x
|
2.66
x
|
2.45
x
|
EV / Revenue
|
3.75
x
|
5.32
x
|
5.92
x
|
3.58
x
|
3.13
x
|
3.44
x
|
3.12
x
|
2.77
x
|
EV / EBITDA
|
17.5
x
|
22.3
x
|
23.9
x
|
14.4
x
|
13
x
|
13.9
x
|
12.4
x
|
10.9
x
|
EV / FCF
|
43.4
x
|
32.2
x
|
45.3
x
|
30.7
x
|
-
|
31.3
x
|
25.8
x
|
22.8
x
|
FCF Yield
|
2.31%
|
3.1%
|
2.21%
|
3.25%
|
-
|
3.19%
|
3.88%
|
4.39%
|
Price to Book
|
8.23
x
|
9.55
x
|
11.5
x
|
6.02
x
|
-
|
5.71
x
|
5.04
x
|
4.56
x
|
Nbr of stocks (in thousands)
|
222,760
|
224,527
|
224,815
|
224,622
|
225,517
|
225,746
|
-
|
-
|
Reference price
2 |
25.64
|
34.04
|
47.45
|
27.82
|
31.34
|
31.51
|
31.51
|
31.51
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/3/22
|
3/1/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,732
|
1,556
|
1,948
|
2,119
|
2,260
|
2,455
|
2,671
|
2,898
|
EBITDA
1 |
370.6
|
371
|
482.8
|
525.3
|
541.6
|
606
|
670.8
|
738.4
|
EBIT
1 |
201.3
|
168.5
|
262.1
|
285.3
|
274
|
323.2
|
372.9
|
417.5
|
Operating Margin
|
11.62%
|
10.83%
|
13.45%
|
13.46%
|
12.12%
|
13.16%
|
13.96%
|
14.4%
|
Earnings before Tax (EBT)
1 |
150.1
|
139.3
|
223.4
|
243.7
|
209.7
|
268.4
|
314.7
|
357.9
|
Net income
1 |
108.7
|
101
|
157.8
|
178.5
|
155.1
|
206.4
|
240.3
|
269.7
|
Net margin
|
6.28%
|
6.49%
|
8.1%
|
8.42%
|
6.86%
|
8.4%
|
9%
|
9.3%
|
EPS
2 |
0.4890
|
0.4510
|
0.7020
|
0.7960
|
0.6930
|
0.8956
|
1.065
|
1.255
|
Free Cash Flow
1 |
149.9
|
256.9
|
254.9
|
246.7
|
-
|
269.7
|
323.3
|
353.4
|
FCF margin
|
8.65%
|
16.52%
|
13.08%
|
11.64%
|
-
|
10.99%
|
12.11%
|
12.19%
|
FCF Conversion (EBITDA)
|
40.44%
|
69.25%
|
52.8%
|
46.96%
|
-
|
44.51%
|
48.2%
|
47.86%
|
FCF Conversion (Net income)
|
137.88%
|
254.36%
|
161.54%
|
138.21%
|
-
|
130.71%
|
134.56%
|
131.05%
|
Dividend per Share
2 |
-
|
0.2200
|
0.2600
|
0.2900
|
-
|
0.3313
|
0.3871
|
0.4669
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/3/22
|
3/1/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
613.9
|
-
|
459.1
|
568.2
|
495.8
|
541.4
|
1,037
|
502.5
|
579.4
|
540.3
|
573.5
|
1,114
|
531.3
|
615
|
570.6
|
636
|
585
|
676.1
|
EBITDA
1 |
131.3
|
-
|
94.2
|
156.6
|
112.9
|
147.3
|
260.1
|
108.8
|
155.8
|
123.5
|
152.5
|
276
|
109.8
|
155.8
|
133.5
|
172.2
|
127.3
|
175.4
|
EBIT
1 |
31.5
|
-
|
41.6
|
95.3
|
55.2
|
87
|
142.2
|
48.4
|
94
|
61.5
|
86.04
|
147.5
|
-
|
81.1
|
64.24
|
100.1
|
54.9
|
102.3
|
Operating Margin
|
5.13%
|
-
|
9.06%
|
16.77%
|
11.13%
|
16.07%
|
13.71%
|
9.63%
|
16.22%
|
11.38%
|
15%
|
13.24%
|
-
|
13.19%
|
11.26%
|
15.73%
|
9.39%
|
15.13%
|
Earnings before Tax (EBT)
1 |
17.8
|
-
|
32.5
|
84.5
|
43.7
|
76.2
|
119.9
|
40.1
|
83.7
|
41.6
|
70.88
|
112.5
|
40.13
|
67
|
51.2
|
-
|
-
|
-
|
Net income
1 |
12.6
|
77.1
|
23.6
|
57
|
30.6
|
55.6
|
86.5
|
29.2
|
63
|
29.3
|
52.06
|
81.36
|
29.2
|
51.7
|
37.4
|
-
|
-
|
-
|
Net margin
|
2.05%
|
-
|
5.14%
|
10.03%
|
6.17%
|
10.27%
|
8.34%
|
5.81%
|
10.87%
|
5.42%
|
9.08%
|
7.3%
|
5.5%
|
8.41%
|
6.55%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
0.1050
|
0.2540
|
0.1360
|
-
|
-
|
0.1300
|
0.2810
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/29/20
|
7/29/21
|
10/27/21
|
3/3/22
|
5/3/22
|
7/28/22
|
7/28/22
|
10/26/22
|
3/1/23
|
5/2/23
|
7/27/23
|
7/27/23
|
10/30/23
|
3/7/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
787
|
634
|
871
|
1,332
|
-
|
1,337
|
1,229
|
929
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.123
x
|
1.708
x
|
1.804
x
|
2.535
x
|
-
|
2.206
x
|
1.832
x
|
1.258
x
|
Free Cash Flow
1 |
150
|
257
|
255
|
247
|
-
|
270
|
323
|
353
|
ROE (net income / shareholders' equity)
|
16.8%
|
13.5%
|
18.3%
|
18.2%
|
-
|
19.3%
|
19.7%
|
19.9%
|
ROA (Net income/ Total Assets)
|
-
|
3.32%
|
-
|
5.03%
|
-
|
5.98%
|
6.6%
|
-
|
Assets
1 |
-
|
3,040
|
-
|
3,545
|
-
|
3,448
|
3,640
|
-
|
Book Value Per Share
2 |
3.120
|
3.560
|
4.110
|
4.620
|
-
|
5.520
|
6.250
|
6.910
|
Cash Flow per Share
2 |
1.440
|
1.730
|
2.050
|
2.050
|
-
|
1.960
|
2.090
|
2.440
|
Capex
1 |
91.1
|
57.2
|
111
|
106
|
-
|
122
|
127
|
155
|
Capex / Sales
|
5.26%
|
3.68%
|
5.7%
|
5.02%
|
-
|
4.96%
|
4.76%
|
5.36%
|
Announcement Date
|
3/4/20
|
3/3/21
|
3/3/22
|
3/1/23
|
3/7/24
|
-
|
-
|
-
|
Last Close Price
31.51
EUR Average target price
34.9
EUR Spread / Average Target +10.76% Consensus |