Real-time Estimate
Tradegate
08:22:20 2024-06-10 am EDT
|
5-day change
|
1st Jan Change
|
461.4
EUR
|
-0.12%
|
|
+0.63%
|
+22.90%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
37,207
|
34,016
|
36,496
|
42,207
|
50,488
|
61,683
|
-
|
-
|
Enterprise Value (EV)
1 |
36,349
|
33,720
|
36,789
|
40,816
|
49,606
|
62,370
|
62,370
|
61,683
|
P/E ratio
|
13.9
x
|
28.1
x
|
12.4
x
|
12.3
x
|
11.1
x
|
10.5
x
|
10.3
x
|
9.55
x
|
Yield
|
3.73%
|
4.04%
|
4.22%
|
3.82%
|
4%
|
3.43%
|
3.67%
|
3.91%
|
Capitalization / Revenue
|
0.72
x
|
0.62
x
|
0.61
x
|
0.63
x
|
0.72
x
|
0.84
x
|
0.81
x
|
0.79
x
|
EV / Revenue
|
0.71
x
|
0.61
x
|
0.62
x
|
0.61
x
|
0.71
x
|
0.85
x
|
0.82
x
|
0.79
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
29.8
x
|
23.6
x
|
-
|
20.7
x
|
30.2
x
|
17.7
x
|
-
|
FCF Yield
|
-
|
3.35%
|
4.23%
|
-
|
4.83%
|
3.31%
|
5.66%
|
-
|
Price to Book
|
1.22
x
|
1.14
x
|
1.18
x
|
1.99
x
|
1.7
x
|
1.94
x
|
1.78
x
|
1.62
x
|
Nbr of stocks (in thousands)
|
141,470
|
140,099
|
140,099
|
138,838
|
134,600
|
133,514
|
-
|
-
|
Reference price
2 |
263.0
|
242.8
|
260.5
|
304.0
|
375.1
|
462.0
|
462.0
|
462.0
|
Announcement Date
|
2/28/20
|
2/25/21
|
2/23/22
|
2/23/23
|
2/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
51,457
|
54,890
|
59,567
|
67,133
|
69,814
|
73,119
|
75,710
|
78,367
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,004
|
1,986
|
3,517
|
3,582
|
5,702
|
7,921
|
7,892
|
8,191
|
Operating Margin
|
7.78%
|
3.62%
|
5.9%
|
5.34%
|
8.17%
|
10.83%
|
10.42%
|
10.45%
|
Earnings before Tax (EBT)
1 |
3,190
|
1,480
|
3,484
|
3,999
|
5,533
|
7,901
|
7,759
|
7,934
|
Net income
1 |
2,724
|
1,211
|
2,933
|
3,419
|
4,597
|
5,808
|
5,772
|
6,032
|
Net margin
|
5.29%
|
2.21%
|
4.92%
|
5.09%
|
6.58%
|
7.94%
|
7.62%
|
7.7%
|
EPS
2 |
18.97
|
8.630
|
20.93
|
24.63
|
33.88
|
44.20
|
44.90
|
48.40
|
Free Cash Flow
1 |
-
|
1,130
|
1,556
|
-
|
2,395
|
2,063
|
3,532
|
-
|
FCF margin
|
-
|
2.06%
|
2.61%
|
-
|
3.43%
|
2.82%
|
4.67%
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
93.31%
|
53.05%
|
-
|
52.1%
|
35.52%
|
61.19%
|
-
|
Dividend per Share
2 |
9.800
|
9.800
|
11.00
|
11.60
|
15.00
|
15.87
|
16.97
|
18.06
|
Announcement Date
|
2/28/20
|
2/25/21
|
2/23/22
|
2/23/23
|
2/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
27,122
|
29,193
|
14,894
|
16,833
|
15,850
|
18,228
|
16,222
|
18,229
|
16,799
|
-
|
18,068
|
16,717
|
18,981
|
17,412
|
18,735
|
17,331
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,153
|
2,352
|
962
|
780
|
763
|
-346
|
2,385
|
1,768
|
1,573
|
-
|
1,776
|
585
|
2,928
|
2,005
|
2,076
|
1,682
|
-
|
-
|
Operating Margin
|
4.25%
|
8.06%
|
6.46%
|
4.63%
|
4.81%
|
-1.9%
|
14.7%
|
9.7%
|
9.36%
|
-
|
9.83%
|
3.5%
|
15.43%
|
11.51%
|
11.08%
|
9.71%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
603
|
-
|
-
|
1,531
|
3,257
|
1,734
|
543
|
2,886
|
1,981
|
2,041
|
1,468
|
-
|
-
|
Net income
1 |
802
|
-
|
868
|
608
|
768
|
527
|
1,516
|
1,275
|
1,153
|
2,428
|
1,169
|
1,004
|
2,140
|
1,456
|
1,521
|
1,387
|
-
|
-
|
Net margin
|
2.96%
|
-
|
5.83%
|
3.61%
|
4.85%
|
2.89%
|
9.35%
|
6.99%
|
6.86%
|
-
|
6.47%
|
6.01%
|
11.27%
|
8.36%
|
8.12%
|
8%
|
-
|
-
|
EPS
2 |
5.710
|
12.13
|
6.200
|
4.340
|
5.500
|
3.790
|
11.05
|
9.290
|
8.450
|
-
|
8.610
|
7.520
|
15.96
|
10.56
|
11.24
|
8.611
|
11.53
|
11.45
|
Dividend per Share
2 |
-
|
-
|
11.00
|
-
|
-
|
-
|
11.60
|
-
|
-
|
-
|
-
|
15.00
|
-
|
-
|
-
|
16.20
|
-
|
-
|
Announcement Date
|
8/6/20
|
8/10/21
|
2/23/22
|
5/10/22
|
8/9/22
|
11/8/22
|
2/23/23
|
5/17/23
|
8/10/23
|
8/10/23
|
11/8/23
|
2/27/24
|
5/8/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
293
|
-
|
-
|
687
|
687
|
-
|
Net Cash position
1 |
858
|
296
|
-
|
1,391
|
882
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
1,130
|
1,556
|
-
|
2,395
|
2,063
|
3,532
|
-
|
ROE (net income / shareholders' equity)
|
9.2%
|
5.3%
|
12.6%
|
13.5%
|
15.7%
|
19.6%
|
18.1%
|
17.9%
|
ROA (Net income/ Total Assets)
|
0.98%
|
0.41%
|
0.96%
|
1.12%
|
1.69%
|
1.79%
|
1.78%
|
1.78%
|
Assets
1 |
278,870
|
292,724
|
305,171
|
305,486
|
271,594
|
325,392
|
324,815
|
338,618
|
Book Value Per Share
2 |
215.0
|
213.0
|
220.0
|
153.0
|
220.0
|
239.0
|
259.0
|
285.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/28/20
|
2/25/21
|
2/23/22
|
2/23/23
|
2/27/24
|
-
|
-
|
-
|
Average target price
475.1
EUR Spread / Average Target +2.83% Consensus |
1st Jan change
|
Capi.
|
---|
| +23.17% | 66.67B | | +8.41% | 30.57B | | +8.27% | 16.64B | | +16.30% | 12.05B | | +8.97% | 2.15B | | +16.72% | 1.94B | | +11.94% | 1.05B | | +39.25% | 615M | | -28.58% | 492M | | +10.16% | 445M |
Property & Casualty Reinsurance
|