OCI N.V. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.63 EUR | -0.69% |
|
-0.61% | -6.14% |
| Apr. 26 | OCI Global Commences Production of AdBlue in Netherlands | MT |
| Feb. 14 | Transcript : OCI N.V., Q4 2023 Earnings Call, Feb 14, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,400 | 4,024 | 5,490 | 7,522 | 6,109 | 5,541 | - | - |
| Enterprise Value (EV) 1 | 8,462 | 7,754 | 7,710 | 8,680 | 9,850 | 9,540 | 9,175 | 9,378 |
| P/E ratio | -13.2 x | -22.7 x | 9.68 x | 6.11 x | -15.6 x | 11.6 x | 14.8 x | 8.94 x |
| Yield | - | - | 5.54% | 19.7% | - | 4.89% | 5.3% | 3.42% |
| Capitalization / Revenue | 1.45 x | 1.16 x | 0.87 x | 0.77 x | 1.22 x | 1.05 x | 0.98 x | 0.96 x |
| EV / Revenue | 2.79 x | 2.23 x | 1.22 x | 0.89 x | 1.96 x | 1.81 x | 1.63 x | 1.63 x |
| EV / EBITDA | 11.3 x | 8.92 x | 3.05 x | 2.23 x | 8.11 x | 6.22 x | 5.04 x | 5.32 x |
| EV / FCF | 226 x | 21.8 x | 3.82 x | 2.94 x | -133 x | 26.9 x | 18.2 x | - |
| FCF Yield | 0.44% | 4.58% | 26.2% | 34% | -0.75% | 3.72% | 5.49% | - |
| Price to Book | 3.24 x | 3.56 x | 2.75 x | - | 6.06 x | 3.56 x | 3.96 x | 1.94 x |
| Nbr of stocks (in thousands) | 209,296 | 209,584 | 209,744 | 210,305 | 210,943 | 210,715 | - | - |
| Reference price 2 | 21.02 | 19.20 | 26.17 | 35.77 | 28.96 | 26.29 | 26.29 | 26.29 |
| Announcement Date | 2/25/20 | 2/25/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,032 | 3,474 | 6,319 | 9,713 | 5,022 | 5,259 | 5,645 | 5,760 |
| EBITDA 1 | 748.4 | 869.8 | 2,526 | 3,891 | 1,214 | 1,534 | 1,819 | 1,762 |
| EBIT 1 | 105 | 187 | 1,563 | 3,291 | 595.2 | 780.9 | 959.5 | 1,112 |
| Operating Margin | 3.46% | 5.38% | 24.73% | 33.88% | 11.85% | 14.85% | 17% | 19.3% |
| Earnings before Tax (EBT) 1 | -278.5 | -49.6 | 1,296 | 2,840 | 2.4 | 389.5 | 724.3 | 1,164 |
| Net income 1 | -334.7 | -177.7 | 570.5 | 1,237 | -392 | 396 | 370.9 | 552.9 |
| Net margin | -11.04% | -5.11% | 9.03% | 12.74% | -7.81% | 7.53% | 6.57% | 9.6% |
| EPS 2 | -1.598 | -0.8470 | 2.703 | 5.849 | -1.861 | 2.270 | 1.772 | 2.940 |
| Free Cash Flow 1 | 37.5 | 355.2 | 2,016 | 2,955 | -73.9 | 355 | 503.5 | - |
| FCF margin | 1.24% | 10.22% | 31.91% | 30.42% | -1.47% | 6.75% | 8.92% | - |
| FCF Conversion (EBITDA) | 5.01% | 40.84% | 79.81% | 75.93% | - | 23.14% | 27.67% | - |
| FCF Conversion (Net income) | - | - | 353.43% | 238.77% | - | 89.64% | 135.75% | - |
| Dividend per Share 2 | - | - | 1.450 | 7.050 | - | 1.286 | 1.394 | 0.9000 |
| Announcement Date | 2/25/20 | 2/25/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,537 | 2,199 | 2,328 | 2,858 | 5,186 | 2,330 | 2,197 | - | 1,371 | 1,372 | 1,069 | 1,209 | 1,298 | 1,310 | 1,310 | 1,322 |
| EBITDA 1 | 500.6 | - | 970.1 | 1,290 | 2,260 | 961.8 | 669.2 | - | 336.2 | 325.6 | 242 | 310 | 499.5 | 496.1 | 433.6 | - |
| EBIT 1 | - | - | - | - | - | - | 503.1 | - | 186.8 | - | 84.5 | 158.8 | 299.5 | 296.7 | 236.8 | - |
| Operating Margin | - | - | - | - | - | - | 22.9% | - | 13.62% | - | 7.91% | 13.13% | 23.07% | 22.65% | 18.08% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | -117.9 | -112 | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | -11.03% | -9.26% | - | - | - | - |
| EPS 2 | - | 1.397 | 1.942 | 2.256 | - | 1.495 | 0.1600 | - | -0.3410 | -0.4290 | -0.5600 | -0.5310 | 0.0200 | 0.0200 | 0.0300 | 0.1200 |
| Dividend per Share 2 | - | - | - | - | - | - | - | 3.500 | - | - | - | - | - | 1.000 | - | - |
| Announcement Date | 11/8/21 | 2/14/22 | 5/12/22 | 8/2/22 | 8/2/22 | 11/3/22 | 2/14/23 | 2/14/23 | 5/9/23 | 8/2/23 | 11/7/23 | 2/14/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 4,062 | 3,730 | 2,221 | 1,159 | 3,740 | 4,000 | 3,635 | 3,838 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.428 x | 4.289 x | 0.8789 x | 0.2978 x | 3.081 x | 2.607 x | 1.998 x | 2.178 x |
| Free Cash Flow 1 | 37.5 | 355 | 2,016 | 2,955 | -73.9 | 355 | 504 | - |
| ROE (net income / shareholders' equity) | -28.3% | -14.3% | 36.4% | - | -10% | 31.3% | 39% | 32.3% |
| ROA (Net income/ Total Assets) | - | -1.92% | 7.74% | 13.7% | -4.18% | 4.68% | 5.58% | - |
| Assets 1 | - | 9,255 | 7,370 | 9,019 | 9,378 | 8,467 | 6,648 | - |
| Book Value Per Share 2 | 6.480 | 5.400 | 9.530 | - | 4.780 | 7.390 | 6.640 | 13.60 |
| Cash Flow per Share 2 | 1.610 | 2.950 | 10.70 | 15.80 | 3.300 | 4.480 | 4.110 | 5.190 |
| Capex 1 | 300 | 263 | 248 | 394 | 769 | 746 | 499 | - |
| Capex / Sales | 9.9% | 7.56% | 3.92% | 4.06% | 15.32% | 14.18% | 8.83% | - |
| Announcement Date | 2/25/20 | 2/25/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
1USD in Million2USD
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
OUTPERFORM
Number of Analysts
11
Last Close Price
26.29
USD
Average target price
32.5
USD
Spread / Average Target
+23.60%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.14% | 5.54B | |
| -.--% | 11.15B | |
| -7.28% | 7.3B | |
| +7.47% | 6.87B | |
| -3.91% | 5.91B | |
| -10.44% | 5.6B | |
| +31.35% | 5.19B | |
| -13.45% | 4.58B | |
| +17.77% | 4.4B | |
| +6.27% | 3.84B |
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- Financials OCI N.V.
