DOM DEVELOPMENT S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 174 PLN | +0.12% |
|
-3.65% | +16.47% |
| Apr. 08 | Dom Development Starts Construction of over 300 Units in Warsaw | CI |
| Apr. 03 | Dom Development Reports Apartments Sales Results for the First Quarter 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,371 | 2,875 | 3,048 | 2,427 | 3,839 | 4,489 | - | - |
| Enterprise Value (EV) 1 | 2,627 | 2,723 | 2,771 | 2,401 | 3,956 | 4,658 | 4,728 | 4,583 |
| P/E ratio | 9.31 x | 9.57 x | 9.37 x | 5.92 x | 8.37 x | 8.06 x | 8.02 x | 7.65 x |
| Yield | 10% | 8.33% | 8.33% | - | 7.36% | 7.68% | 7.57% | 8.31% |
| Capitalization / Revenue | 1.43 x | 1.58 x | 1.61 x | 1 x | 1.51 x | 1.55 x | 1.46 x | 1.38 x |
| EV / Revenue | 1.58 x | 1.5 x | 1.46 x | 0.99 x | 1.55 x | 1.6 x | 1.53 x | 1.41 x |
| EV / EBITDA | 7.83 x | 6.79 x | 6.47 x | 4.63 x | 6.83 x | 7.08 x | 6.66 x | 6.41 x |
| EV / FCF | 17.6 x | 4.08 x | 7.3 x | 13.8 x | 15.8 x | 24.8 x | 15.3 x | 8.89 x |
| FCF Yield | 5.69% | 24.5% | 13.7% | 7.26% | 6.33% | 4.03% | 6.54% | 11.3% |
| Price to Book | 2.19 x | 2.48 x | 2.44 x | 1.72 x | 2.64 x | 2.44 x | 2.3 x | 2.07 x |
| Nbr of stocks (in thousands) | 25,068 | 25,218 | 25,398 | 25,548 | 25,698 | 25,798 | - | - |
| Reference price 2 | 94.60 | 114.0 | 120.0 | 95.00 | 149.4 | 174.0 | 174.0 | 174.0 |
| Announcement Date | 3/6/20 | 3/12/21 | 3/19/22 | 3/16/23 | 3/19/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,662 | 1,815 | 1,897 | 2,419 | 2,550 | 2,903 | 3,080 | 3,258 |
| EBITDA 1 | 335.6 | 401 | 428.3 | 518 | 578.9 | 657.8 | 709.4 | 715.3 |
| EBIT 1 | 320.7 | 386.3 | 413.1 | 501.5 | 558.2 | 637.3 | 688.8 | 694.4 |
| Operating Margin | 19.3% | 21.28% | 21.77% | 20.73% | 21.89% | 21.95% | 22.36% | 21.31% |
| Earnings before Tax (EBT) 1 | 320.5 | 378.6 | 405.5 | 512.6 | 573.3 | 639.6 | 686 | 703.9 |
| Net income 1 | 256 | 302.2 | 327.1 | 410.3 | 460.2 | 514.6 | 554.9 | 566.2 |
| Net margin | 15.41% | 16.65% | 17.24% | 16.96% | 18.05% | 17.73% | 18.01% | 17.38% |
| EPS 2 | 10.16 | 11.91 | 12.81 | 16.04 | 17.86 | 21.60 | 21.70 | 22.75 |
| Free Cash Flow 1 | 149.4 | 668.1 | 379.6 | 174.3 | 250.4 | 187.5 | 309.2 | 515.8 |
| FCF margin | 8.99% | 36.81% | 20% | 7.2% | 9.82% | 6.46% | 10.04% | 15.83% |
| FCF Conversion (EBITDA) | 44.51% | 166.6% | 88.62% | 33.64% | 43.26% | 28.5% | 43.58% | 72.1% |
| FCF Conversion (Net income) | 58.35% | 221.07% | 116.03% | 42.47% | 54.41% | 36.44% | 55.73% | 91.09% |
| Dividend per Share 2 | 9.500 | 9.500 | 10.00 | - | 11.00 | 13.36 | 13.17 | 14.46 |
| Announcement Date | 3/6/20 | 3/12/21 | 3/19/22 | 3/16/23 | 3/19/24 | - | - | - |
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 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 331.5 | 421.6 | 727 | 601.8 | 320.2 | 770.3 | 822 | 452.5 | 325.9 | 949.9 | 673.8 |
| EBITDA 1 | - | 58.63 | 178 | 114.4 | 31.5 | 195.5 | 201.7 | 79.5 | 49.16 | - | 145.1 |
| EBIT 1 | 68.7 | 54.77 | 173.9 | 108.6 | 27.5 | 191.5 | 197.3 | 73.8 | 44.22 | 242.9 | 148.9 |
| Operating Margin | 20.72% | 12.99% | 23.92% | 18.05% | 8.59% | 24.86% | 24% | 16.31% | 13.57% | 25.57% | 22.1% |
| Earnings before Tax (EBT) | 65.77 | 51.37 | 178 | 115.1 | 30.1 | 189.5 | 200.9 | 80.97 | 47.78 | 243.6 | - |
| Net income 1 | 53.7 | 40.94 | 141.7 | 94.04 | 23.8 | 150.7 | 158.8 | 63.8 | 37.71 | 200 | 122.2 |
| Net margin | 16.2% | 9.71% | 19.49% | 15.63% | 7.43% | 19.56% | 19.32% | 14.1% | 11.57% | 21.05% | 18.13% |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 3/19/22 | 5/23/22 | 8/25/22 | 11/16/22 | 3/16/23 | 5/17/23 | 8/28/23 | 11/16/23 | 3/19/24 | - |
1PLN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 256 | - | - | - | 116 | 169 | 239 | 93.8 |
| Net Cash position 1 | - | 151 | 276 | 26.2 | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.7616 x | - | - | - | 0.2007 x | 0.2575 x | 0.3371 x | 0.1311 x |
| Free Cash Flow 1 | 149 | 668 | 380 | 174 | 250 | 188 | 309 | 516 |
| ROE (net income / shareholders' equity) | 24.5% | 27% | 27.3% | 30.9% | 32.2% | 31.4% | 31.2% | 28% |
| ROA (Net income/ Total Assets) | 8.6% | 9.73% | 9.18% | 10.3% | 10.6% | 10% | 10.7% | 10.8% |
| Assets 1 | 2,977 | 3,107 | 3,565 | 3,995 | 4,338 | 5,146 | 5,186 | 5,242 |
| Book Value Per Share 2 | 43.20 | 45.90 | 49.20 | 55.30 | 56.50 | 71.30 | 75.50 | 83.90 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 12.7 | 11.3 | 14.1 | 29.3 | 17.3 | 28 | 21.9 | 23.9 |
| Capex / Sales | 0.76% | 0.62% | 0.75% | 1.21% | 0.68% | 0.96% | 0.71% | 0.73% |
| Announcement Date | 3/6/20 | 3/12/21 | 3/19/22 | 3/16/23 | 3/19/24 | - | - | - |
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
5
Last Close Price
174
PLN
Average target price
187.4
PLN
Spread / Average Target
+7.72%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +16.47% | 1.11B | |
| -4.38% | 47.86B | |
| +10.25% | 23.94B | |
| +1.83% | 17.68B | |
| +13.06% | 14.58B | |
| +16.96% | 12.52B | |
| +0.30% | 6.2B | |
| +12.71% | 6.16B | |
| +7.89% | 6.11B | |
| +9.62% | 5.96B |
- Stock Market
- Equities
- DOM Stock
- Financials Dom Development S.A.
