ENEFIT GREEN |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.2 EUR | -0.12% |
|
-0.62% | -10.01% |
| May. 02 | Transcript : Enefit Green AS, Q1 2024 Earnings Call, May 02, 2024 | |
| May. 02 | Enefit Green AS Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,069 | 1,157 | 939.8 | 845.7 | - | - |
| Enterprise Value (EV) 1 | 1,112 | 1,305 | 1,357 | 1,481 | 1,513 | 1,445 |
| P/E ratio | 13.5 x | 10.4 x | 16.9 x | 10.6 x | 11.3 x | 10.3 x |
| Yield | 3.73% | 4.75% | 2.95% | 3.95% | 4.65% | 4.48% |
| Capitalization / Revenue | 5.82 x | 4.5 x | 4.08 x | 3.95 x | 3.25 x | 3.34 x |
| EV / Revenue | 6.05 x | 5.08 x | 5.9 x | 6.91 x | 5.82 x | 5.7 x |
| EV / EBITDA | 9.15 x | 8.43 x | 12.8 x | 11.7 x | 9.75 x | 9.81 x |
| EV / FCF | 26.2 x | -20.3 x | -6.52 x | -7.86 x | 318 x | 13.7 x |
| FCF Yield | 3.81% | -4.92% | -15.3% | -12.7% | 0.31% | 7.29% |
| Price to Book | 1.69 x | 1.61 x | 1.31 x | 1.11 x | 1.06 x | 1.01 x |
| Nbr of stocks (in thousands) | 264,276 | 264,276 | 264,276 | 264,276 | - | - |
| Reference price 2 | 4.044 | 4.378 | 3.556 | 3.200 | 3.200 | 3.200 |
| Announcement Date | 2/28/22 | 2/28/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 183.7 | 257 | 230.1 | 214.4 | 259.9 | 253.5 |
| EBITDA 1 | - | 121.5 | 154.8 | 105.9 | 126.1 | 155.1 | 147.3 |
| EBIT 1 | - | 83.31 | 117.1 | 65.34 | 87.18 | 104.3 | 96.74 |
| Operating Margin | - | 45.35% | 45.55% | 28.4% | 40.67% | 40.11% | 38.16% |
| Earnings before Tax (EBT) 1 | - | 81.25 | 115.8 | 65.51 | 87 | 81.38 | 87.78 |
| Net income 1 | 67.87 | 79.66 | 110.2 | 55.79 | 79.88 | 75.33 | 81.83 |
| Net margin | - | 43.36% | 42.88% | 24.25% | 37.27% | 28.98% | 32.28% |
| EPS 2 | 14.20 | 0.3000 | 0.4200 | 0.2100 | 0.3023 | 0.2843 | 0.3094 |
| Free Cash Flow 1 | - | 42.36 | -64.21 | -207.9 | -188.5 | 4.75 | 105.4 |
| FCF margin | - | 23.06% | -24.98% | -90.36% | -87.94% | 1.83% | 41.55% |
| FCF Conversion (EBITDA) | - | 34.87% | - | - | - | 3.06% | 71.53% |
| FCF Conversion (Net income) | - | 53.18% | - | - | - | 6.31% | 128.75% |
| Dividend per Share 2 | - | 0.1510 | 0.2080 | 0.1050 | 0.1264 | 0.1489 | 0.1433 |
| Announcement Date | 6/9/21 | 2/28/22 | 2/28/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 68.9 | 66.7 | 47.28 | 82.8 | 77.5 | 41.2 | 44.49 | 66.9 | 68.9 | 38.72 | 27.62 | 43.97 |
| EBITDA 1 | 49.6 | 45.6 | 30.7 | 45.8 | 41.1 | 19.3 | 15.9 | 29.6 | 42.4 | 24.83 | 15.38 | 27.94 |
| EBIT 1 | 40.02 | 35.92 | 21.1 | 36.96 | 31.3 | 9.589 | 5.675 | 18.78 | 33.08 | 15.66 | 4.788 | 18.68 |
| Operating Margin | 58.08% | 53.86% | 44.63% | 44.63% | 40.38% | 23.27% | 12.76% | 28.07% | 48.02% | 40.46% | 17.34% | 42.49% |
| Earnings before Tax (EBT) | 39.89 | 35.77 | 21.52 | - | 31.34 | 10.4 | 5.352 | 18.41 | - | - | - | - |
| Net income 1 | 39.37 | 34.92 | 16.92 | 35.41 | 30.52 | 1.14 | 5.026 | 19.1 | 33.45 | 15.19 | 4.088 | 16.29 |
| Net margin | 57.14% | 52.36% | 35.8% | 42.76% | 39.38% | 2.77% | 11.3% | 28.56% | 48.54% | 39.23% | 14.8% | 37.05% |
| EPS 2 | 0.1500 | 0.1300 | 0.0600 | 0.1300 | 0.1200 | 0.004000 | 0.0200 | 0.0720 | - | 0.0575 | 0.0155 | 0.0616 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/22 | 5/5/22 | 8/4/22 | 2/28/23 | 5/5/23 | 8/3/23 | 11/2/23 | 2/29/24 | 5/2/24 | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 43 | 148 | 417 | 635 | 667 | 600 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.3539 x | 0.9568 x | 3.935 x | 5.036 x | 4.299 x | 4.071 x |
| Free Cash Flow 1 | - | 42.4 | -64.2 | -208 | -189 | 4.75 | 105 |
| ROE (net income / shareholders' equity) | - | 13.9% | 16.3% | 7.77% | 10.8% | 10.6% | 10% |
| ROA (Net income/ Total Assets) | - | 10.2% | 11.7% | 4.72% | 5.66% | 4.91% | 4.76% |
| Assets 1 | - | 778.5 | 940.9 | 1,183 | 1,410 | 1,536 | 1,719 |
| Book Value Per Share 2 | - | 2.400 | 2.720 | 2.710 | 2.870 | 3.010 | 3.160 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 74.8 | 190 | 282 | 315 | 130 | 34.5 |
| Capex / Sales | - | 40.74% | 74.1% | 122.61% | 146.95% | 50.07% | 13.61% |
| Announcement Date | 6/9/21 | 2/28/22 | 2/28/23 | 2/29/24 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.2
EUR
Average target price
3.94
EUR
Spread / Average Target
+23.12%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.01% | 909M | |
| +19.26% | 21.23B | |
| -26.60% | 6.28B | |
| -18.50% | 3.06B | |
| -26.08% | 2.31B | |
| -25.54% | 1.9B | |
| -20.88% | 1.21B | |
| +5.25% | 1.11B | |
| +86.66% | 915M | |
| +22.54% | 871M |
- Stock Market
- Equities
- EGR1T Stock
- Financials Enefit Green