Market Closed -
Euronext Amsterdam
11:35:27 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1.25
EUR
|
+3.82%
|
|
+2.04%
|
-11.54%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
993.8
|
1,381
|
1,964
|
829
|
698.3
|
617.8
|
-
|
-
|
Enterprise Value (EV)
1 |
1,474
|
2,032
|
2,151
|
1,296
|
698.3
|
1,126
|
1,149
|
1,130
|
P/E ratio
|
18.6
x
|
6.49
x
|
7.53
x
|
60.7
x
|
12.5
x
|
9.22
x
|
7.66
x
|
6.36
x
|
Yield
|
3.98%
|
10%
|
11%
|
9.41%
|
-
|
6.93%
|
10.2%
|
11.2%
|
Capitalization / Revenue
|
0.35
x
|
0.42
x
|
0.57
x
|
0.26
x
|
0.22
x
|
0.19
x
|
0.19
x
|
0.18
x
|
EV / Revenue
|
0.52
x
|
0.62
x
|
0.62
x
|
0.41
x
|
0.22
x
|
0.34
x
|
0.34
x
|
0.33
x
|
EV / EBITDA
|
4.31
x
|
4.97
x
|
4.71
x
|
5.4
x
|
2.6
x
|
4.08
x
|
3.65
x
|
3.34
x
|
EV / FCF
|
10.2
x
|
19.5
x
|
6.96
x
|
12.7
x
|
-
|
28.9
x
|
25.9
x
|
17.6
x
|
FCF Yield
|
9.77%
|
5.12%
|
14.4%
|
7.87%
|
-
|
3.45%
|
3.85%
|
5.68%
|
Price to Book
|
-46.3
x
|
6.31
x
|
4.62
x
|
4.68
x
|
-
|
2.66
x
|
2.18
x
|
1.81
x
|
Nbr of stocks (in thousands)
|
493,953
|
494,991
|
513,252
|
487,531
|
494,207
|
494,207
|
-
|
-
|
Reference price
2 |
2.012
|
2.790
|
3.827
|
1.700
|
1.413
|
1.250
|
1.250
|
1.250
|
Announcement Date
|
2/24/20
|
3/1/21
|
2/28/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,844
|
3,255
|
3,466
|
3,144
|
3,165
|
3,337
|
3,333
|
3,470
|
EBITDA
1 |
342
|
409
|
457
|
240
|
269
|
276
|
314.4
|
338.6
|
EBIT
1 |
162
|
245
|
308
|
84
|
92
|
106.4
|
131.3
|
144.8
|
Operating Margin
|
5.7%
|
7.53%
|
8.89%
|
2.67%
|
2.91%
|
3.19%
|
3.94%
|
4.17%
|
Earnings before Tax (EBT)
1 |
103
|
277
|
302
|
46
|
78
|
98.64
|
105.4
|
131.5
|
Net income
1 |
4
|
213
|
257
|
14
|
55
|
65.72
|
81.11
|
99.72
|
Net margin
|
0.14%
|
6.54%
|
7.41%
|
0.45%
|
1.74%
|
1.97%
|
2.43%
|
2.87%
|
EPS
2 |
0.1080
|
0.4300
|
0.5080
|
0.0280
|
0.1130
|
0.1356
|
0.1631
|
0.1967
|
Free Cash Flow
1 |
144
|
104
|
309
|
102
|
-
|
38.9
|
44.27
|
64.2
|
FCF margin
|
5.06%
|
3.2%
|
8.92%
|
3.24%
|
-
|
1.17%
|
1.33%
|
1.85%
|
FCF Conversion (EBITDA)
|
42.11%
|
25.43%
|
67.61%
|
42.5%
|
-
|
14.09%
|
14.08%
|
18.96%
|
FCF Conversion (Net income)
|
3,600%
|
48.83%
|
120.23%
|
728.57%
|
-
|
59.19%
|
54.58%
|
64.38%
|
Dividend per Share
2 |
0.0800
|
0.2800
|
0.4200
|
0.1600
|
-
|
0.0867
|
0.1281
|
0.1400
|
Announcement Date
|
2/24/20
|
3/1/21
|
2/28/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,490
|
729
|
936
|
806
|
746
|
-
|
709
|
883
|
771
|
722
|
889
|
776.1
|
791.8
|
730.5
|
896.1
|
788.6
|
EBITDA
1 |
-
|
60
|
134
|
72
|
49
|
-
|
17
|
101
|
62
|
34
|
124
|
57.06
|
75
|
36.84
|
135.1
|
61.29
|
EBIT
1 |
69
|
23
|
93
|
33
|
10
|
-
|
-20
|
60
|
18
|
-11
|
77
|
10.63
|
28.24
|
-10.26
|
87.42
|
12.76
|
Operating Margin
|
4.63%
|
3.16%
|
9.94%
|
4.09%
|
1.34%
|
-
|
-2.82%
|
6.8%
|
2.33%
|
-1.52%
|
8.66%
|
1.37%
|
3.57%
|
-1.4%
|
9.76%
|
1.62%
|
Earnings before Tax (EBT)
1 |
-
|
18
|
84
|
24
|
3
|
-
|
-25
|
44
|
15
|
-13
|
71
|
6.836
|
23.41
|
-13.13
|
81.52
|
7.512
|
Net income
1 |
-
|
12
|
68
|
16
|
-11
|
5
|
-20
|
29
|
11
|
-11
|
50
|
5.127
|
17.56
|
-13.13
|
61.14
|
5.634
|
Net margin
|
-
|
1.65%
|
7.26%
|
1.99%
|
-1.47%
|
-
|
-2.82%
|
3.28%
|
1.43%
|
-1.52%
|
5.62%
|
0.66%
|
2.22%
|
-1.8%
|
6.82%
|
0.71%
|
EPS
2 |
-
|
0.0210
|
0.1310
|
0.0320
|
-0.0220
|
0.0100
|
-0.0400
|
0.0580
|
0.0220
|
-0.0200
|
0.1010
|
0.0104
|
0.0354
|
-0.0264
|
0.1227
|
0.0112
|
Dividend per Share
2 |
-
|
-
|
0.3200
|
-
|
0.1400
|
-
|
-
|
-
|
0.0600
|
-
|
-
|
-
|
0.0360
|
-
|
0.0777
|
-
|
Announcement Date
|
8/3/20
|
11/8/21
|
2/28/22
|
5/9/22
|
8/8/22
|
8/8/22
|
11/7/22
|
2/27/23
|
8/7/23
|
11/6/23
|
2/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
480
|
651
|
187
|
467
|
-
|
508
|
531
|
512
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.404
x
|
1.592
x
|
0.4092
x
|
1.946
x
|
-
|
1.842
x
|
1.688
x
|
1.513
x
|
Free Cash Flow
1 |
144
|
104
|
309
|
102
|
-
|
38.9
|
44.3
|
64.2
|
ROE (net income / shareholders' equity)
|
32%
|
215%
|
80.8%
|
4.64%
|
-
|
26.3%
|
27.3%
|
30.4%
|
ROA (Net income/ Total Assets)
|
5.32%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
75.17
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
-0.0400
|
0.4400
|
0.8300
|
0.3600
|
-
|
0.4700
|
0.5700
|
0.6900
|
Cash Flow per Share
2 |
0.4300
|
0.3700
|
0.8900
|
0.4900
|
-
|
0.3900
|
0.5400
|
0.5800
|
Capex
1 |
66
|
77
|
141
|
138
|
-
|
151
|
172
|
174
|
Capex / Sales
|
2.32%
|
2.37%
|
4.07%
|
4.39%
|
-
|
4.53%
|
5.16%
|
5.02%
|
Announcement Date
|
2/24/20
|
3/1/21
|
2/28/22
|
2/27/23
|
2/26/24
|
-
|
-
|
-
|
Last Close Price
1.25
EUR Average target price
1.342
EUR Spread / Average Target +7.33% Consensus |
1st Jan change
|
Capi.
|
---|
| -11.54% | 660M | | -6.13% | 126B | | +5.09% | 65.42B | | -13.41% | 48.51B | | -10.93% | 16.08B | | +22.81% | 8.2B | | -59.73% | 7.17B | | -10.03% | 7.24B | | -17.41% | 6.03B | | +30.89% | 5.68B |
Other Air Freight & Logistics
|