Financials PostNL N.V.

Equities

PNL

NL0009739416

Air Freight & Logistics

Market Closed - Euronext Amsterdam 11:35:27 2024-04-26 am EDT 5-day change 1st Jan Change
1.25 EUR +3.82% Intraday chart for PostNL N.V. +2.04% -11.54%

Valuation

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 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

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 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

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 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

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 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
1.25 EUR
Average target price
1.342 EUR
Spread / Average Target
+7.33%
Consensus
  1. Stock Market
  2. Equities
  3. PNL Stock
  4. Financials PostNL N.V.