Financials Avax S.A.

Equities

AVAX

GRS213213002

Construction & Engineering

Market Closed - Athens S.E. 10:10:15 2024-06-12 am EDT 5-day change 1st Jan Change
1.468 EUR +0.55% Intraday chart for Avax S.A. -0.81% -21.08%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 29.31 48.53 98.72 148.1 109.7 268.4
Enterprise Value (EV) 1 559 568.6 663 543.4 407.8 543.2
P/E ratio -1.14 x -1.13 x 15.2 x -10.5 x 2.88 x 26.1 x
Yield - - - - 9.21% 1.61%
Capitalization / Revenue 0.05 x 0.08 x 0.17 x 0.25 x 0.27 x 0.59 x
EV / Revenue 0.96 x 0.99 x 1.15 x 0.92 x 1.01 x 1.2 x
EV / EBITDA -132 x -84.8 x 71 x -136 x -19.6 x 102 x
EV / FCF -58.7 x -40.4 x -6.43 x 15.5 x 34.4 x -3,693 x
FCF Yield -1.7% -2.48% -15.5% 6.43% 2.9% -0.03%
Price to Book 0.33 x 0.76 x 1.29 x 1.54 x 0.71 x 1.74 x
Nbr of stocks (in thousands) 77,655 77,655 144,322 144,322 144,322 144,322
Reference price 2 0.3775 0.6250 0.6840 1.026 0.7600 1.860
Announcement Date 5/3/19 6/30/20 4/27/21 4/27/22 5/2/23 4/29/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 582.5 575.9 576.6 592.2 402.7 453.5
EBITDA 1 -4.244 -6.704 9.341 -4.006 -20.83 5.315
EBIT 1 -14.57 -22.79 -0.6895 -14.76 -26.63 -0.1493
Operating Margin -2.5% -3.96% -0.12% -2.49% -6.61% -0.03%
Earnings before Tax (EBT) 1 -10.19 -11.24 3.267 -0.0262 18.54 16.69
Net income 1 -25.76 -42.97 6.082 -14.06 38.11 10.3
Net margin -4.42% -7.46% 1.05% -2.37% 9.46% 2.27%
EPS 2 -0.3318 -0.5533 0.0450 -0.0974 0.2641 0.0713
Free Cash Flow 1 -9.53 -14.08 -103.1 34.96 11.84 -0.1471
FCF margin -1.64% -2.44% -17.88% 5.9% 2.94% -0.03%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - 31.07% -
Dividend per Share - - - - 0.0700 0.0300
Announcement Date 5/3/19 6/30/20 4/27/21 4/27/22 5/2/23 4/29/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 530 520 564 395 298 275
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -124.8 x -77.57 x 60.42 x -98.68 x -14.31 x 51.7 x
Free Cash Flow 1 -9.53 -14.1 -103 35 11.8 -0.15
ROE (net income / shareholders' equity) -26.6% -21.2% 7.69% 1.98% 9.74% 6.37%
ROA (Net income/ Total Assets) -0.77% -1.07% -0.03% -0.77% -1.46% -0.01%
Assets 1 3,329 3,999 -19,433 1,834 -2,603 -127,216
Book Value Per Share 2 1.140 0.8300 0.5300 0.6700 1.070 1.070
Cash Flow per Share 2 0.8500 0.9100 0.3500 0.6900 0.5900 0.5200
Capex 1 23.3 25.3 49.9 6.11 4.28 13.3
Capex / Sales 3.99% 4.4% 8.66% 1.03% 1.06% 2.92%
Announcement Date 5/3/19 6/30/20 4/27/21 4/27/22 5/2/23 4/29/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise