DEVELIA S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.53 PLN | -1.66% |
|
+7.22% | +43.83% |
| Apr. 17 | Develia S.A. Recommends Dividend for the Year 2023, Payable on September 5, 2024 and September 6, 2024 | CI |
| Mar. 19 | Develia Real Estate Introduces 371 Flats for Sale in Krakow | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,137 | 881.7 | 1,329 | 1,099 | 2,953 | - | - |
| Enterprise Value (EV) 1 | 1,884 | 1,343 | 1,939 | 1,394 | 3,181 | 3,249 | 3,223 |
| P/E ratio | 9.77 x | -6.35 x | 8.74 x | 4.72 x | 10.3 x | 9.13 x | 8.27 x |
| Yield | 3.94% | 8.63% | 5.72% | - | 5.82% | 5.72% | 8.12% |
| Capitalization / Revenue | 1.39 x | 1.71 x | 1.46 x | 1.03 x | 1.87 x | 1.68 x | 1.42 x |
| EV / Revenue | 2.3 x | 2.6 x | 2.13 x | 1.31 x | 2.02 x | 1.84 x | 1.55 x |
| EV / EBITDA | 10.8 x | -19 x | 8.76 x | 4.78 x | 9.08 x | 8.27 x | 7.14 x |
| EV / FCF | - | - | - | 8.37 x | 16.6 x | 14.7 x | 17.4 x |
| FCF Yield | - | - | - | 11.9% | 6.04% | 6.81% | 5.76% |
| Price to Book | 0.76 x | 0.67 x | 0.95 x | 0.77 x | 1.84 x | 1.73 x | 1.63 x |
| Nbr of stocks (in thousands) | 447,558 | 447,558 | 447,558 | 447,558 | 452,280 | - | - |
| Reference price 2 | 2.540 | 1.970 | 2.970 | 2.455 | 6.530 | 6.530 | 6.530 |
| Announcement Date | 3/12/20 | 4/8/21 | 3/30/22 | 1/15/23 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 819.3 | 517.1 | 911.9 | 1,068 | 1,578 | 1,763 | 2,078 |
| EBITDA 1 | 174.1 | -70.55 | 221.4 | 291.4 | 350.3 | 393 | 451.4 |
| EBIT 1 | 172.7 | -72.42 | 219.8 | 289.4 | 358.4 | 386.8 | 450.3 |
| Operating Margin | 21.08% | -14.01% | 24.1% | 27.1% | 22.71% | 21.94% | 21.67% |
| Earnings before Tax (EBT) 1 | 151 | -134.5 | 201.7 | 273.2 | 358 | 366.3 | 448 |
| Net income 1 | 117.4 | -138.8 | 153.9 | 231.8 | 259.4 | 300.4 | 364 |
| Net margin | 14.33% | -26.84% | 16.88% | 21.71% | 16.43% | 17.04% | 17.52% |
| EPS 2 | 0.2600 | -0.3100 | 0.3400 | 0.5200 | 0.6350 | 0.7150 | 0.7900 |
| Free Cash Flow 1 | - | - | - | 166.5 | 192.2 | 221.3 | 185.7 |
| FCF margin | - | - | - | 15.59% | 12.18% | 12.55% | 8.94% |
| FCF Conversion (EBITDA) | - | - | - | 57.15% | 54.86% | 56.32% | 41.14% |
| FCF Conversion (Net income) | - | - | - | 71.83% | 74.09% | 73.68% | 51.01% |
| Dividend per Share 2 | 0.1000 | 0.1700 | 0.1700 | - | 0.3800 | 0.3733 | 0.5300 |
| Announcement Date | 3/12/20 | 4/8/21 | 3/30/22 | 1/15/23 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 219.6 | 315.6 | 97.56 | 22.2 | 200.5 | 747.6 | 257.2 | 162 | 367 | 393.7 |
| EBITDA 1 | - | 102.5 | 31.5 | -6.557 | 51.23 | 215.2 | 70.8 | 13.78 | - | 92 |
| EBIT 1 | 49.68 | 102.1 | 31.04 | -7.054 | 50.7 | 214.7 | 70.3 | 13.17 | 47.55 | 94.9 |
| Operating Margin | 22.63% | 32.34% | 31.81% | -31.77% | 25.29% | 28.72% | 27.33% | 8.13% | 12.96% | 24.1% |
| Earnings before Tax (EBT) 1 | 35.74 | 97.78 | 15.73 | -8.365 | 42.99 | 222.9 | 72.51 | 20.74 | 55.47 | 96.3 |
| Net income 1 | 29.12 | 69.17 | 13.06 | 2.7 | 34.8 | 181.3 | 58.4 | 21.16 | 45.32 | 78 |
| Net margin | 13.26% | 21.92% | 13.38% | 12.16% | 17.36% | 24.25% | 22.71% | 13.06% | 12.35% | 19.81% |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/16/21 | 3/30/22 | 5/17/22 | 9/13/22 | 11/15/22 | 1/15/23 | 5/17/23 | 9/29/23 | 11/16/23 | - |
1PLN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 747 | 462 | 609 | 295 | 228 | 295 | 269 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.289 x | -6.543 x | 2.753 x | 1.012 x | 0.6511 x | 0.7514 x | 0.5969 x |
| Free Cash Flow 1 | - | - | - | 167 | 192 | 221 | 186 |
| ROE (net income / shareholders' equity) | 7.85% | -9.88% | 11.3% | 16.2% | 17.9% | 19.7% | 20.4% |
| ROA (Net income/ Total Assets) | - | - | - | 7.48% | 7.8% | 8.9% | 9% |
| Assets 1 | - | - | - | 3,099 | 3,325 | 3,375 | 4,045 |
| Book Value Per Share 2 | 3.330 | 2.940 | 3.130 | 3.210 | 3.540 | 3.770 | 4.000 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 176 | - | - | 3.44 | 2.4 | 2.4 | 2.4 |
| Capex / Sales | 21.54% | - | - | 0.32% | 0.15% | 0.14% | 0.12% |
| Announcement Date | 3/12/20 | 4/8/21 | 3/30/22 | 1/15/23 | - | - | - |
1PLN in Million2PLN
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
6.53
PLN
Average target price
6.18
PLN
Spread / Average Target
-5.36%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +43.83% | 730M | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
- Stock Market
- Equities
- DVL Stock
- Financials Develia S.A.
