Financials Ringmetall SE

Equities

Market Closed - Xetra Other stock markets 11:35:59 2024-05-10 am EDT			5-day change	1st Jan Change
3.63 ^EUR	+6.76%		-0.82%	+18.63%

May. 07	Transcript : Ringmetall SE, Q1 2024 Earnings Call, May 07, 2024
Apr. 29	Ringmetall SE Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	76.74	71.8	126.7	120.6	88.95	105.5	-	-
Enterprise Value (EV) ¹	104.1	99.76	153.8	141.2	88.95	105.5	105.5	105.5
P/E ratio	29.3 x	30.9 x	8.72 x	7.98 x	15.3 x	13 x	10.4 x	9.08 x
Yield	2.27%	2.43%	2.06%	2.41%	-	2.75%	2.75%	2.75%
Capitalization / Revenue	0.64 x	0.61 x	0.74 x	0.57 x	0.49 x	0.56 x	0.5 x	0.46 x
EV / Revenue	0.64 x	0.61 x	0.74 x	0.57 x	0.49 x	0.56 x	0.5 x	0.46 x
EV / EBITDA	7.65 x	5.89 x	4.76 x	4.26 x	4.64 x	4.31 x	3.76 x	3.39 x
EV / FCF	10.6 x	6.57 x	11.2 x	7.51 x	-	26.4 x	-20.7 x	14.3 x
FCF Yield	9.46%	15.2%	8.91%	13.3%	-	3.79%	-4.83%	7.01%
Price to Book	1.57 x	1.47 x	2.02 x	1.58 x	-	-	-	-
Nbr of stocks (in thousands)	29,069	29,069	29,069	29,069	29,069	29,069	-	-
Reference price ²	2.640	2.470	4.360	4.150	3.060	3.630	3.630	3.630
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	120.6	118	172.3	213.5	181.6	190	209.8	230.5
EBITDA ¹	10.03	12.18	26.62	28.3	19.16	24.5	28.1	31.1
EBIT ¹	4.969	5.987	20.18	21.28	11.29	16.5	19.5	22.4
Operating Margin	4.12%	5.07%	11.71%	9.97%	6.22%	8.68%	9.29%	9.72%
Earnings before Tax (EBT) ¹	3.859	4.28	19.54	20.55	9.608	14.8	17.7	20.3
Net income ¹	2.707	2.388	14.45	15.22	5.82	9.1	11.1	12.9
Net margin	2.24%	2.02%	8.38%	7.13%	3.21%	4.79%	5.29%	5.6%
EPS ²	0.0900	0.0800	0.5000	0.5200	0.2000	0.2800	0.3500	0.4000
Free Cash Flow ¹	7.261	10.93	11.29	16.06	-	4	-5.1	7.4
FCF margin	6.02%	9.27%	6.55%	7.52%	-	2.11%	-2.43%	3.21%
FCF Conversion (EBITDA)	72.4%	89.75%	42.42%	56.73%	-	16.33%	-	23.79%
FCF Conversion (Net income)	268.23%	457.79%	78.16%	105.45%	-	43.96%	-	57.36%
Dividend per Share ²	0.0600	0.0600	0.0900	0.1000	-	0.1000	0.1000	0.1000
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	27.4	28	27	20.6	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.73 x	2.296 x	1.015 x	0.7263 x	-	-	-	-
Free Cash Flow ¹	7.26	10.9	11.3	16.1	-	4	-5.1	7.4
ROE (net income / shareholders' equity)	5.61%	4.89%	25.9%	11.9%	-	-	-	-
ROA (Net income/ Total Assets)	2.97%	-	-	-	-	-	-	-
Assets ¹	91.14	-	-	-	-	-	-	-
Book Value Per Share	1.680	1.680	2.160	2.630	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	2.3	1.25	2.78	2.38	-	9.5	20.8	10
Capex / Sales	1.91%	1.06%	1.61%	1.12%	-	5%	9.91%	4.34%
Announcement Date	4/30/20	4/30/21	4/28/22	4/28/23	4/29/24	-	-	-

¹EUR in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.63 EUR

Average target price

5.6 EUR

Spread / Average Target

+54.27%

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