Real-time Estimate
Cboe BZX
12:20:03 2024-05-23 pm EDT
|
5-day change
|
1st Jan Change
|
125.7
USD
|
-0.81%
|
|
-1.19%
|
-3.49%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
37,795
|
45,409
|
92,857
|
55,019
|
99,209
|
96,172
|
-
|
-
|
Enterprise Value (EV)
1 |
46,858
|
49,131
|
98,543
|
63,117
|
107,557
|
104,664
|
104,105
|
103,191
|
P/E ratio
|
24.2
x
|
24.5
x
|
27.1
x
|
14.4
x
|
33.1
x
|
26.4
x
|
21.6
x
|
19.7
x
|
Yield
|
3.49%
|
3.49%
|
3.14%
|
5.93%
|
2.56%
|
3.24%
|
4.08%
|
4.64%
|
Capitalization / Revenue
|
5.15
x
|
6.97
x
|
7.96
x
|
4.37
x
|
10.2
x
|
7.94
x
|
6.48
x
|
5.8
x
|
EV / Revenue
|
6.39
x
|
7.54
x
|
8.45
x
|
5.01
x
|
11.1
x
|
8.65
x
|
7.01
x
|
6.22
x
|
EV / EBITDA
|
14.2
x
|
12.8
x
|
13.7
x
|
8.08
x
|
17.2
x
|
14.8
x
|
12.1
x
|
12.7
x
|
EV / FCF
|
-
|
26.9
x
|
25.1
x
|
10.3
x
|
28.1
x
|
14.6
x
|
13.4
x
|
12
x
|
FCF Yield
|
-
|
3.71%
|
3.98%
|
9.67%
|
3.56%
|
6.83%
|
7.49%
|
8.34%
|
Price to Book
|
5.36
x
|
6.66
x
|
16.5
x
|
11.4
x
|
22.6
x
|
13.4
x
|
11
x
|
11.9
x
|
Nbr of stocks (in thousands)
|
675,640
|
700,649
|
717,651
|
741,598
|
757,781
|
759,176
|
-
|
-
|
Reference price
2 |
55.94
|
64.81
|
129.4
|
74.19
|
130.9
|
126.7
|
126.7
|
126.7
|
Announcement Date
|
1/30/20
|
1/27/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,338
|
6,515
|
11,663
|
12,590
|
9,694
|
12,106
|
14,840
|
16,590
|
EBITDA
1 |
3,288
|
3,846
|
7,179
|
7,810
|
6,255
|
7,064
|
8,606
|
8,101
|
EBIT
1 |
3,262
|
3,811
|
7,127
|
7,741
|
6,161
|
6,839
|
8,556
|
9,710
|
Operating Margin
|
44.45%
|
58.49%
|
61.11%
|
61.49%
|
63.56%
|
56.49%
|
57.65%
|
58.53%
|
Earnings before Tax (EBT)
1 |
3,067
|
3,646
|
6,931
|
7,425
|
5,731
|
7,053
|
8,464
|
9,195
|
Net income
1 |
2,871
|
3,342
|
6,171
|
6,633
|
5,061
|
6,301
|
7,792
|
8,397
|
Net margin
|
39.12%
|
51.29%
|
52.91%
|
52.68%
|
52.21%
|
52.04%
|
52.51%
|
50.61%
|
EPS
2 |
2.310
|
2.650
|
4.770
|
5.170
|
3.950
|
4.791
|
5.867
|
6.437
|
Free Cash Flow
1 |
-
|
1,824
|
3,922
|
6,101
|
3,833
|
7,149
|
7,795
|
8,602
|
FCF margin
|
-
|
28%
|
33.62%
|
48.46%
|
39.54%
|
59.05%
|
52.53%
|
51.85%
|
FCF Conversion (EBITDA)
|
-
|
47.44%
|
54.62%
|
78.11%
|
61.27%
|
101.2%
|
90.58%
|
106.18%
|
FCF Conversion (Net income)
|
-
|
54.59%
|
63.55%
|
91.98%
|
75.73%
|
113.46%
|
100.04%
|
102.44%
|
Dividend per Share
2 |
1.950
|
2.260
|
4.060
|
4.400
|
3.350
|
4.108
|
5.164
|
5.878
|
Announcement Date
|
1/30/20
|
1/27/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
4,457
|
3,501
|
4,154
|
2,592
|
2,342
|
2,486
|
2,351
|
2,322
|
2,535
|
2,549
|
2,686
|
3,000
|
3,830
|
3,487
|
3,556
|
EBITDA
|
2,722
|
2,166
|
2,426
|
1,654
|
1,564
|
1,547
|
1,524
|
1,519
|
1,665
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,708
|
2,152
|
2,410
|
1,639
|
1,540
|
1,524
|
1,500
|
1,497
|
1,640
|
1,551
|
1,557
|
1,772
|
2,334
|
-
|
-
|
Operating Margin
|
60.75%
|
61.47%
|
58.02%
|
63.23%
|
65.73%
|
61.32%
|
63.79%
|
64.49%
|
64.68%
|
60.84%
|
57.96%
|
59.06%
|
60.95%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
2,651
|
2,086
|
2,341
|
1,559
|
1,440
|
1,420
|
1,392
|
1,387
|
1,532
|
1,444
|
1,501
|
1,786
|
2,313
|
-
|
-
|
Net income
1 |
2,273
|
1,938
|
1,986
|
1,375
|
1,334
|
1,249
|
1,212
|
1,212
|
1,388
|
1,266
|
1,393
|
1,574
|
2,059
|
1,853
|
1,796
|
Net margin
|
51.01%
|
55.35%
|
47.81%
|
53.03%
|
56.96%
|
50.25%
|
51.56%
|
52.18%
|
54.76%
|
49.67%
|
51.85%
|
52.46%
|
53.78%
|
53.13%
|
50.52%
|
EPS
2 |
1.710
|
1.550
|
1.490
|
1.060
|
1.070
|
0.9700
|
0.9300
|
0.9400
|
1.110
|
0.9800
|
1.048
|
1.194
|
1.550
|
1.346
|
1.397
|
Dividend per Share
2 |
1.450
|
1.320
|
1.270
|
0.9000
|
0.9100
|
0.8200
|
0.7900
|
0.8000
|
0.9400
|
0.8300
|
0.8886
|
1.028
|
1.341
|
1.158
|
1.203
|
Announcement Date
|
1/27/22
|
4/21/22
|
7/21/22
|
10/20/22
|
1/26/23
|
4/20/23
|
7/20/23
|
10/19/23
|
1/25/24
|
4/18/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,062
|
3,722
|
5,686
|
8,098
|
8,348
|
8,491
|
7,932
|
7,018
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.756
x
|
0.9678
x
|
0.7921
x
|
1.037
x
|
1.335
x
|
1.202
x
|
0.9218
x
|
0.8663
x
|
Free Cash Flow
1 |
-
|
1,824
|
3,922
|
6,101
|
3,833
|
7,149
|
7,795
|
8,602
|
ROE (net income / shareholders' equity)
|
30.6%
|
48.9%
|
76.8%
|
77.7%
|
69.9%
|
44.9%
|
56.6%
|
61.5%
|
ROA (Net income/ Total Assets)
|
6.66%
|
11.4%
|
18.3%
|
15.8%
|
12.2%
|
12.1%
|
14.2%
|
14.1%
|
Assets
1 |
43,076
|
29,427
|
33,733
|
41,860
|
41,406
|
52,006
|
54,961
|
59,552
|
Book Value Per Share
2 |
10.40
|
9.730
|
7.850
|
6.520
|
5.790
|
9.430
|
11.50
|
10.60
|
Cash Flow per Share
2 |
-
|
2.780
|
5.540
|
5.250
|
3.330
|
5.720
|
6.700
|
6.690
|
Capex
1 |
-
|
112
|
64.3
|
235
|
224
|
134
|
121
|
74
|
Capex / Sales
|
-
|
1.71%
|
0.55%
|
1.87%
|
2.31%
|
1.1%
|
0.82%
|
0.45%
|
Announcement Date
|
1/30/20
|
1/27/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
126.7
USD Average target price
125.5
USD Spread / Average Target -0.91% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.49% | 96.17B | | +29.11% | 93.86B | | +22.70% | 28.18B | | -2.35% | 18.72B | | +9.02% | 15.73B | | +14.94% | 15.48B | | -21.42% | 12.5B | | +29.16% | 9.84B | | +19.41% | 9.74B | | +30.80% | 7.37B |
Investment Management
|