Financials B+S Banksysteme AG

Equities

Market Closed - Xetra Other stock markets 11:36:14 2024-04-26 am EDT			5-day change	1st Jan Change
1.67 ^EUR	0.00%		0.00%	+11.33%

Feb. 16	B+S Banksysteme Aktiengesellschaft Reports Earnings Results for the Half Year Ended December 31, 2023	CI
2023	B+S Banksysteme Aktiengesellschaft Reports Earnings Results for the Full Year Ended June 30, 2023	CI

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	13.79	11.49	23.6	14.66	11.86	10.37	-	-
Enterprise Value (EV) ¹	16.66	16.51	23.6	14.66	11.86	10.37	10.37	10.37
P/E ratio	-44.4 x	-37 x	95 x	-	27.3 x	20.9 x	16.7 x	13.9 x
Yield	-	-	-	-	-	-	-	2.4%
Capitalization / Revenue	1.52 x	1.17 x	2.26 x	1.32 x	1.06 x	0.88 x	0.84 x	0.79 x
EV / Revenue	1.52 x	1.17 x	2.26 x	1.32 x	1.06 x	0.88 x	0.84 x	0.79 x
EV / EBITDA	18.7 x	8.21 x	13.4 x	7.72 x	7.96 x	5.46 x	5.19 x	4.94 x
EV / FCF	-13.6 x	-	36.1 x	10.2 x	48.8 x	13 x	11.5 x	11.5 x
FCF Yield	-7.34%	-	2.77%	9.78%	2.05%	7.71%	8.68%	8.68%
Price to Book	1.07 x	0.91 x	-	-	-	-	-	-
Nbr of stocks (in thousands)	6,210	6,210	6,210	6,210	6,210	6,210	-	-
Reference price ²	2.220	1.850	3.800	2.360	1.910	1.670	1.670	1.670
Announcement Date	9/27/19	9/30/20	9/30/21	9/30/22	10/10/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9.049	9.849	10.44	11.08	11.23	11.8	12.4	13.1
EBITDA ¹	0.736	1.399	1.76	1.898	1.491	1.9	2	2.1
EBIT ¹	-0.204	-0.206	0.208	0.408	0.235	0.9	1	1.2
Operating Margin	-2.25%	-2.09%	1.99%	3.68%	2.09%	7.63%	8.06%	9.16%
Earnings before Tax (EBT) ¹	-0.362	-0.413	-0.229	0.401	0.147	0.7	0.8	1
Net income ¹	-0.333	-0.297	0.192	0.016	0.441	0.5	0.6	0.7
Net margin	-3.68%	-3.02%	1.84%	0.14%	3.93%	4.24%	4.84%	5.34%
EPS ²	-0.0500	-0.0500	0.0400	-	0.0700	0.0800	0.1000	0.1200
Free Cash Flow ¹	-1.012	-	0.654	1.434	0.243	0.8	0.9	0.9
FCF margin	-11.18%	-	6.27%	12.94%	2.16%	6.78%	7.26%	6.87%
FCF Conversion (EBITDA)	-	-	37.16%	75.55%	16.3%	42.11%	45%	42.86%
FCF Conversion (Net income)	-	-	340.62%	8,962.5%	55.1%	160%	150%	128.57%
Dividend per Share ²	-	-	-	-	-	-	-	0.0400
Announcement Date	9/27/19	9/30/20	9/30/21	9/30/22	10/10/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	2.87	5.02	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	3.899 x	3.588 x	-	-	-	-	-	-
Free Cash Flow ¹	-1.01	-	0.65	1.43	0.24	0.8	0.9	0.9
ROE (net income / shareholders' equity)	-2.55%	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	2.070	2.030	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	0.49	0.22	0.07	0.04	0.04	0.2	0.2	0.2
Capex / Sales	5.46%	2.2%	0.71%	0.39%	0.34%	1.69%	1.61%	1.53%
Announcement Date	9/27/19	9/30/20	9/30/21	9/30/22	10/10/23	-	-	-

¹EUR in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.67 EUR

Average target price

3.5 EUR

Spread / Average Target

+109.58%

	1st Jan change	Capi.
B+S BANKSYSTEME AG	+11.33%	11.07M
INTUIT INC.	+1.84%	178B
FIDELITY NATIONAL INFORMATION SERVICES, INC.	+15.86%	39.08B
ADYEN N.V.	+1.11%	39.08B
ROBINHOOD MARKETS, INC.	+40.35%	15.71B
AFFIRM HOLDINGS, INC.	-32.17%	10.23B
FUTU HOLDINGS LIMITED	+21.51%	9.16B
HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.	-22.87%	8.98B
PB FINTECH LIMITED	+58.27%	6.75B
STONECO LTD.	-9.32%	5.05B