Financials OMER S.p.A.

Equities

OMER

IT0005453748

Heavy Machinery & Vehicles

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-13 am EDT			5-day change	1st Jan Change
3.32 ^EUR	0.00%		+2.47%	+9.93%

May. 03	OMER S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Apr. 01	Omeros Swings to Q4 Net Loss; Q1 Outlook Set	MT

Valuation

Fiscal Period: December	2021	2022	2024	2025	2026
Capitalization ¹	110.4	71.85	95.07	-	-
Enterprise Value (EV) ¹	91.66	81.44	68.02	59.47	49.82
P/E ratio	10.7 x	8.62 x	10.5 x	9.65 x	9.02 x
Yield	7.34%	-	-	-	-
Capitalization / Revenue	2.03 x	1.14 x	1.34 x	1.27 x	1.22 x
EV / Revenue	1.69 x	1.29 x	0.96 x	0.8 x	0.64 x
EV / EBITDA	5.88 x	5.92 x	4.17 x	3.39 x	2.66 x
EV / FCF	5.89 x	-8.32 x	8.45 x	6.96 x	5.16 x
FCF Yield	17%	-12%	11.8%	14.4%	19.4%
Price to Book	2.75 x	1.48 x	1.51 x	1.31 x	1.14 x
Nbr of stocks (in thousands)	28,750	28,740	28,635	-	-
Reference price ²	3.840	2.500	3.320	3.320	3.320
Announcement Date	3/28/22	3/28/23	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2024	2025	2026
Net sales ¹	40.73	54.39	63.27	71.2	74.7	78.2
EBITDA ¹	-	15.6	13.76	16.3	17.55	18.7
EBIT ¹	-	13.78	11.29	12.85	13.85	14.7
Operating Margin	-	25.34%	17.84%	18.05%	18.54%	18.8%
Earnings before Tax (EBT) ¹	-	13.8	11.09	12.5	13.4	14.2
Net income ¹	6.307	9.667	8.339	9.15	9.9	10.55
Net margin	15.48%	17.77%	13.18%	12.85%	13.25%	13.49%
EPS ²	-	0.3600	0.2900	0.3170	0.3440	0.3680
Free Cash Flow ¹	-	15.57	-9.79	8.05	8.55	9.65
FCF margin	-	28.63%	-15.47%	11.31%	11.45%	12.34%
FCF Conversion (EBITDA)	-	99.82%	-	49.39%	48.72%	51.6%
FCF Conversion (Net income)	-	161.07%	-	87.98%	86.36%	91.47%
Dividend per Share	-	0.2820	-	-	-	-
Announcement Date	5/10/21	3/28/22	3/28/23	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 S2	2023 S1
Net sales	29.01	32.05	-
EBITDA ¹	-	7.223	7.164
EBIT ¹	-	5.76	5.768
Operating Margin	-	17.97%	-
Earnings before Tax (EBT) ¹	-	5.488	5.324
Net income ¹	3.942	4.397	3.677
Net margin	13.59%	13.72%	-
EPS	-	-	-
Dividend per Share	-	-	-
Announcement Date	9/27/22	3/28/23	9/25/23

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2024	2025	2026
Net Debt ¹	-	-	9.59	-	-	-
Net Cash position ¹	-	18.7	-	27.1	35.6	45.3
Leverage (Debt/EBITDA)	-	-	0.6966 x	-	-	-
Free Cash Flow ¹	-	15.6	-9.79	8.05	8.55	9.65
ROE (net income / shareholders' equity)	-	31.8%	23%	14.9%	14%	13%
ROA (Net income/ Total Assets)	-	-	-	24.4%	26.1%	28.4%
Assets ¹	-	-	-	37.5	37.93	37.15
Book Value Per Share ²	-	1.400	1.690	2.200	2.540	2.910
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	1.73	1.63	4.45	4.1	4.05
Capex / Sales	-	3.17%	2.57%	6.25%	5.49%	5.18%
Announcement Date	5/10/21	3/28/22	3/28/23	-	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for OMER S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.32 EUR

Average target price

5.1 EUR

Spread / Average Target

+53.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Locomotive Engines & Rolling Stock

	1st Jan change	Capi.
OMER S.P.A.	+9.93%	99.92M
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION	+29.94%	29.69B
CRRC CORPORATION LIMITED	+42.59%	26.75B
HYUNDAI ROTEM COMPANY	+41.73%	3B
TRINITY INDUSTRIES, INC.	+16.55%	2.56B
THE GREENBRIER COMPANIES, INC.	+20.46%	1.66B
CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A.	+2.45%	1.25B
NANJING KANGNI MECHANICAL & ELECTRICAL CO.,LTD	+20.29%	759M
TALGO, S.A.	-0.11%	585M
CHENGDU XINZHU ROAD&BRIDGE MACHINERY CO.,LTD	-25.30%	397M

Locomotive Engines & Rolling Stock