Financials Gesco SE

Equities

Market Closed - Xetra Other stock markets 11:36:14 2024-04-26 am EDT			5-day change	1st Jan Change
18.8 ^EUR	+0.27%		+5.03%	+1.08%

Apr. 11	Gesco SE Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Apr. 08	GESCO SE Announces CEO Changes	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	204.4	198.9	276.4	261.2	201.6	203.6	-	-
Enterprise Value (EV) ¹	331.9	247.6	314.3	320	201.6	210.4	200	203.6
P/E ratio	16.5 x	-12 x	10.3 x	7.72 x	9.64 x	7.7 x	6.41 x	5.36 x
Yield	1.22%	-	3.84%	4.15%	-	2.66%	4.61%	6.38%
Capitalization / Revenue	0.47 x	0.5 x	0.57 x	0.45 x	0.36 x	0.35 x	0.32 x	0.27 x
EV / Revenue	0.75 x	0.62 x	0.64 x	0.55 x	0.36 x	0.37 x	0.31 x	0.27 x
EV / EBITDA	7.54 x	7.42 x	5.05 x	4.72 x	3.42 x	3.45 x	2.85 x	2.36 x
EV / FCF	13.6 x	4.99 x	7.06 x	-563 x	-	14.3 x	-125 x	32.3 x
FCF Yield	7.36%	20%	14.2%	-0.18%	-	6.99%	-0.8%	3.09%
Price to Book	-	0.92 x	1.14 x	0.99 x	-	0.7 x	0.65 x	-
Nbr of stocks (in thousands)	10,839	10,839	10,839	10,839	10,839	10,828	-	-
Reference price ²	18.86	18.35	25.50	24.10	18.60	18.80	18.80	18.80
Announcement Date	4/29/20	4/29/21	4/23/22	4/18/23	4/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	439.6	397.2	488.1	582.3	560.7	575	638.1	747.2
EBITDA ¹	44.04	33.36	62.19	67.74	59.01	61.05	70.07	86.2
EBIT ¹	23.47	16.69	44.57	49.43	35.87	42.1	50.07	59.8
Operating Margin	5.34%	4.2%	9.13%	8.49%	6.4%	7.32%	7.85%	8%
Earnings before Tax (EBT) ¹	21.8	12.89	42.72	49.46	32.36	38.5	47.09	55.4
Net income ¹	12.39	-16.58	26.86	33.82	20.88	26.45	31.75	38
Net margin	2.82%	-4.17%	5.5%	5.81%	3.72%	4.6%	4.98%	5.09%
EPS ²	1.140	-1.530	2.480	3.120	1.930	2.440	2.934	3.510
Free Cash Flow ¹	24.42	49.62	44.54	-0.568	-	14.7	-1.6	6.3
FCF margin	5.55%	12.49%	9.13%	-0.1%	-	2.56%	-0.25%	0.84%
FCF Conversion (EBITDA)	55.45%	148.75%	71.63%	-	-	24.08%	-	7.31%
FCF Conversion (Net income)	197.13%	-	165.83%	-	-	55.58%	-	16.58%
Dividend per Share ²	0.2300	-	0.9800	1.000	-	0.5000	0.8667	1.200
Announcement Date	4/29/20	4/29/21	4/23/22	4/18/23	4/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	127	48.7	37.9	58.7	-	6.78	-	-
Net Cash position ¹	-	-	-	-	-	-	3.58	-
Leverage (Debt/EBITDA)	2.894 x	1.46 x	0.6094 x	0.8671 x	-	0.1111 x	-	-
Free Cash Flow ¹	24.4	49.6	44.5	-0.57	-	14.7	-1.6	6.3
ROE (net income / shareholders' equity)	5.29%	3.09%	11.7%	13.3%	-	10.2%	10.4%	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	19.90	22.40	24.40	-	26.90	28.70	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	14.1	10	7.15	11.3	-	33	52.8	56.4
Capex / Sales	3.22%	2.53%	1.47%	1.93%	-	5.74%	8.28%	7.55%
Announcement Date	4/29/20	4/29/21	4/23/22	4/18/23	4/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.8 EUR

Average target price

36.53 EUR

Spread / Average Target

+94.33%

	1st Jan change	Capi.
GESCO SE	+1.08%	217M
ATLAS COPCO AB	+11.73%	82.35B
PARKER-HANNIFIN CORPORATION	+20.17%	71.09B
INGERSOLL RAND INC.	+20.89%	37.73B
XYLEM INC.	+15.77%	32.01B
FANUC CORPORATION	+9.19%	27.2B
FORTIVE CORPORATION	+3.18%	26.74B
SANDVIK AB	+4.22%	26B
TECHTRONIC INDUSTRIES CO. LTD.	+16.93%	25.5B
DOVER CORPORATION	+17.14%	24.76B