Financials Deezer

Equities

DEEZR

FR001400AYG6

Internet Services

Market Closed - Euronext Paris 10:13:32 2024-05-16 am EDT 5-day change 1st Jan Change
1.99 EUR +0.51% Intraday chart for Deezer +1.27% -6.35%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 329.8 248.5 232.7 - -
Enterprise Value (EV) 1 244.5 205.9 199.8 180.7 158.2
P/E ratio -1.88 x -4.52 x -5.16 x -6.42 x -9.01 x
Yield - - - - -
Capitalization / Revenue 0.73 x 0.51 x 0.43 x 0.4 x 0.37 x
EV / Revenue 0.54 x 0.42 x 0.37 x 0.31 x 0.25 x
EV / EBITDA -4.39 x -7.15 x -13.8 x 120 x 11.7 x
EV / FCF -4.72 x -4.65 x 66.6 x 12.9 x 7.53 x
FCF Yield -21.2% -21.5% 1.5% 7.75% 13.3%
Price to Book -1.71 x -1.14 x -0.91 x -0.83 x -0.79 x
Nbr of stocks (in thousands) 112,999 116,945 116,922 - -
Reference price 2 2.919 2.125 1.990 1.990 1.990
Announcement Date 2/28/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 451.2 484.7 537.5 582.7 630.6
EBITDA 1 -55.7 -28.8 -14.5 1.5 13.5
EBIT 1 -166.7 -64.41 -49.22 -37.98 -27.52
Operating Margin -36.96% -13.29% -9.16% -6.52% -4.36%
Earnings before Tax (EBT) 1 -166.1 -58.67 -46.98 -43.59 -32.89
Net income 1 -167.7 -57.67 -46.16 -29.9 -18
Net margin -37.17% -11.9% -8.59% -5.13% -2.85%
EPS 2 -1.550 -0.4700 -0.3858 -0.3098 -0.2208
Free Cash Flow 1 -51.83 -44.3 3 14 21
FCF margin -11.49% -9.14% 0.56% 2.4% 3.33%
FCF Conversion (EBITDA) - - - 933.33% 155.56%
FCF Conversion (Net income) - - - - -
Dividend per Share 2 - - - - -
Announcement Date 2/28/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt 1 - - - - -
Net Cash position 1 85.3 42.6 32.9 52 74.5
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 -51.8 -44.3 3 14 21
ROE (net income / shareholders' equity) - - - - -
ROA (Net income/ Total Assets) - -26.9% -32.6% -30.8% -25.7%
Assets 1 - 214.5 141.4 97.06 69.9
Book Value Per Share 2 -1.700 -1.870 -2.190 -2.400 -2.510
Cash Flow per Share 2 -0.4500 -0.3300 -0.1000 0 0.0900
Capex 1 3.05 2.1 3.67 3.91 4.62
Capex / Sales 0.68% 0.43% 0.68% 0.67% 0.73%
Announcement Date 2/28/23 2/28/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
1.99 EUR
Average target price
2.525 EUR
Spread / Average Target
+26.88%
Consensus

Annual profits - Rate of surprise

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