MANITOU GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.65 EUR | -8.30% |
|
-10.30% | -2.37% |
| Apr. 26 | Manitou: 3% sales growth in Q1 | CF |
| Mar. 07 | Manitou: buoyant after its annual results | CF |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 850.9 | 914.7 | 1,054 | 949 | 887.7 | 866.7 | - | - |
| Enterprise Value (EV) 1 | 1,041 | 971.5 | 1,060 | 949 | 1,285 | 1,260 | 1,140 | 866.7 |
| P/E ratio | 8.58 x | 23.2 x | 12.1 x | 17.3 x | 6.19 x | 6.73 x | 6.81 x | 6.43 x |
| Yield | 3.64% | 2.51% | 2.9% | - | 5.82% | 5.45% | 5.68% | - |
| Capitalization / Revenue | 0.41 x | 0.58 x | 0.56 x | 0.4 x | 0.31 x | 0.3 x | 0.3 x | 0.28 x |
| EV / Revenue | 0.5 x | 0.61 x | 0.57 x | 0.4 x | 0.45 x | 0.44 x | 0.39 x | 0.28 x |
| EV / EBITDA | 5.6 x | 8.1 x | 5.97 x | 6.8 x | 4.72 x | 4.68 x | 4.19 x | - |
| EV / FCF | -197 x | 5.67 x | 12 x | - | -8.15 x | 13.4 x | 9.31 x | - |
| FCF Yield | -0.51% | 17.6% | 8.34% | - | -12.3% | 7.45% | 10.7% | - |
| Price to Book | 1.41 x | 1.39 x | 1.41 x | - | - | 0.88 x | 0.81 x | 0.76 x |
| Nbr of stocks (in thousands) | 39,668 | 38,273 | 38,271 | 38,265 | 38,263 | 38,267 | - | - |
| Reference price 2 | 21.45 | 23.90 | 27.55 | 24.80 | 23.20 | 22.65 | 22.65 | 22.65 |
| Announcement Date | 3/3/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,094 | 1,585 | 1,875 | 2,362 | 2,871 | 2,896 | 2,893 | 3,111 |
| EBITDA 1 | 186 | 120 | 177.5 | 139.5 | 272.3 | 269.4 | 271.8 | - |
| EBIT 1 | 148.6 | 74.78 | 123.7 | 84.64 | 211.6 | 198.6 | 194.9 | - |
| Operating Margin | 7.1% | 4.72% | 6.6% | 3.58% | 7.37% | 6.86% | 6.74% | - |
| Earnings before Tax (EBT) 1 | 140.7 | 65.15 | 116.2 | 80 | 194.1 | 205.4 | 213.8 | - |
| Net income 1 | 95.62 | 39.58 | 86.76 | 54.72 | 143.4 | 128.6 | 127.1 | 134.5 |
| Net margin | 4.57% | 2.5% | 4.63% | 2.32% | 4.99% | 4.44% | 4.39% | 4.32% |
| EPS 2 | 2.500 | 1.030 | 2.270 | 1.430 | 3.750 | 3.364 | 3.325 | 3.520 |
| Free Cash Flow 1 | -5.274 | 171.3 | 88.36 | - | -157.7 | 93.85 | 122.4 | - |
| FCF margin | -0.25% | 10.81% | 4.71% | - | -5.49% | 3.24% | 4.23% | - |
| FCF Conversion (EBITDA) | - | 142.73% | 49.77% | - | - | 34.84% | 45.01% | - |
| FCF Conversion (Net income) | - | 432.7% | 101.85% | - | - | 72.96% | 96.26% | - |
| Dividend per Share 2 | 0.7800 | 0.6000 | 0.8000 | - | 1.350 | 1.235 | 1.287 | - |
| Announcement Date | 3/3/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 761.6 | 970 | 432 | 472.6 | 607 | 1,057 | 575 | 665 | 736.5 | 1,402 | 656 | 599.5 | 750 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 30.08 | 85 | - | - | - | 45.77 | - | - | - | 88.07 | - | - | - |
| Operating Margin | 3.95% | 8.76% | - | - | - | 4.33% | - | - | - | 6.28% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | 64.16 | - | - | - | 29.07 | - | - | - | 62.53 | - | - | - |
| Net margin | - | 6.61% | - | - | - | 2.75% | - | - | - | 4.46% | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/30/20 | 7/29/21 | 10/21/21 | 3/3/22 | 7/28/22 | 7/28/22 | 10/27/22 | 4/27/23 | 7/27/23 | 7/27/23 | 10/27/23 | 3/6/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 190 | 56.8 | 5.54 | - | 397 | 394 | 273 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.023 x | 0.4733 x | 0.0312 x | - | 1.46 x | 1.462 x | 1.003 x | - |
| Free Cash Flow 1 | -5.27 | 171 | 88.4 | - | -158 | 93.9 | 122 | - |
| ROE (net income / shareholders' equity) | 15.3% | 6.01% | 12.3% | - | 17% | 13% | 13.2% | 11.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 15.20 | 17.10 | 19.60 | - | - | 25.70 | 28.10 | 29.80 |
| Cash Flow per Share 2 | 3.780 | 2.270 | 3.400 | - | 5.350 | 5.030 | 5.320 | - |
| Capex 1 | 68.3 | 50.3 | 41.6 | - | 105 | 143 | 126 | - |
| Capex / Sales | 3.26% | 3.17% | 2.22% | - | 3.66% | 4.95% | 4.36% | - |
| Announcement Date | 3/3/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
22.65
EUR
Average target price
30
EUR
Spread / Average Target
+32.45%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.37% | 925M | |
| +14.65% | 58.67B | |
| +26.10% | 36.8B | |
| +26.70% | 28.74B | |
| +15.62% | 25.64B | |
| +11.71% | 23.31B | |
| +1.34% | 21.74B | |
| +15.97% | 18.38B | |
| -6.32% | 14.21B | |
| +18.96% | 12.04B |
- Stock Market
- Equities
- MTU Stock
- Financials Manitou Group
