Real-time Estimate
Tradegate
04:00:42 2024-06-10 am EDT
|
5-day change
|
1st Jan Change
|
44.02
EUR
|
+0.69%
|
|
+1.02%
|
+4.56%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,875
|
7,183
|
8,669
|
7,926
|
6,715
|
7,018
|
-
|
-
|
Enterprise Value (EV)
1 |
9,059
|
8,390
|
9,888
|
9,202
|
8,020
|
8,327
|
8,348
|
8,379
|
P/E ratio
|
25.9
x
|
21.9
x
|
25.2
x
|
21.2
x
|
17.9
x
|
18.4
x
|
17.3
x
|
16.7
x
|
Yield
|
3.76%
|
4.35%
|
3.79%
|
4.14%
|
5.13%
|
5.33%
|
5.54%
|
5.71%
|
Capitalization / Revenue
|
4.27
x
|
3.79
x
|
4.34
x
|
3.72
x
|
3.08
x
|
3.18
x
|
3.09
x
|
3
x
|
EV / Revenue
|
4.91
x
|
4.43
x
|
4.95
x
|
4.32
x
|
3.68
x
|
3.77
x
|
3.67
x
|
3.58
x
|
EV / EBITDA
|
13.6
x
|
12.2
x
|
14
x
|
12.5
x
|
10.6
x
|
10.7
x
|
10.3
x
|
10.1
x
|
EV / FCF
|
28.1
x
|
25.1
x
|
29.4
x
|
28.7
x
|
23.4
x
|
23.7
x
|
22.2
x
|
21.6
x
|
FCF Yield
|
3.56%
|
3.98%
|
3.41%
|
3.49%
|
4.28%
|
4.23%
|
4.5%
|
4.63%
|
Price to Book
|
6.85
x
|
6.07
x
|
7.24
x
|
6.36
x
|
5.2
x
|
5.31
x
|
5.22
x
|
5.12
x
|
Nbr of stocks (in thousands)
|
159,898
|
160,083
|
160,187
|
160,260
|
160,388
|
160,523
|
-
|
-
|
Reference price
2 |
49.25
|
44.87
|
54.12
|
49.46
|
41.87
|
43.72
|
43.72
|
43.72
|
Announcement Date
|
1/29/20
|
1/28/21
|
1/27/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,844
|
1,895
|
1,998
|
2,130
|
2,180
|
2,208
|
2,274
|
2,339
|
EBITDA
1 |
668
|
685
|
706
|
735
|
756
|
779.5
|
807
|
829.2
|
EBIT
1 |
402
|
409
|
439
|
472
|
487
|
505.5
|
530.7
|
551.7
|
Operating Margin
|
21.8%
|
21.58%
|
21.97%
|
22.16%
|
22.33%
|
22.9%
|
23.33%
|
23.59%
|
Earnings before Tax (EBT)
1 |
372
|
398
|
418
|
456
|
458
|
471.5
|
497.6
|
515
|
Net income
1 |
303
|
328
|
343.6
|
374.1
|
375.2
|
382.3
|
406.3
|
418
|
Net margin
|
16.43%
|
17.31%
|
17.2%
|
17.56%
|
17.21%
|
17.32%
|
17.87%
|
17.87%
|
EPS
2 |
1.900
|
2.050
|
2.150
|
2.330
|
2.340
|
2.379
|
2.524
|
2.611
|
Free Cash Flow
1 |
322.3
|
334
|
336.9
|
320.9
|
343.1
|
352
|
375.6
|
388.3
|
FCF margin
|
17.48%
|
17.63%
|
16.86%
|
15.07%
|
15.73%
|
15.94%
|
16.51%
|
16.6%
|
FCF Conversion (EBITDA)
|
48.25%
|
48.76%
|
47.72%
|
43.66%
|
45.38%
|
45.15%
|
46.54%
|
46.83%
|
FCF Conversion (Net income)
|
106.37%
|
101.83%
|
98.05%
|
85.78%
|
91.44%
|
92.06%
|
92.43%
|
92.89%
|
Dividend per Share
2 |
1.850
|
1.950
|
2.050
|
2.050
|
2.150
|
2.331
|
2.421
|
2.498
|
Announcement Date
|
1/29/20
|
1/28/21
|
1/27/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
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 |
536
|
511.4
|
521.5
|
534
|
563
|
540
|
533
|
544.7
|
563.3
|
534.5
|
538
|
553.7
|
577.4
|
-
|
-
|
EBITDA
1 |
178
|
177.1
|
179
|
194
|
185
|
183
|
183
|
198.6
|
191
|
190
|
188.1
|
203.9
|
197.5
|
-
|
-
|
EBIT
1 |
111
|
111.4
|
113
|
128
|
119
|
117
|
116
|
131.3
|
123
|
121.9
|
120.6
|
136.1
|
130
|
-
|
-
|
Operating Margin
|
20.71%
|
21.78%
|
21.67%
|
23.97%
|
21.14%
|
21.67%
|
21.76%
|
24.11%
|
21.84%
|
22.81%
|
22.41%
|
24.58%
|
22.52%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
105
|
108
|
108.4
|
124
|
115
|
112
|
110
|
125
|
111
|
104
|
112.8
|
128.6
|
122.9
|
-
|
-
|
Net income
1 |
86
|
88.2
|
88.8
|
100.8
|
96
|
91.6
|
89.4
|
100.5
|
93.4
|
82.9
|
91.43
|
103.8
|
100.7
|
-
|
-
|
Net margin
|
16.04%
|
17.25%
|
17.03%
|
18.88%
|
17.05%
|
16.96%
|
16.77%
|
18.45%
|
16.58%
|
15.51%
|
16.99%
|
18.75%
|
17.43%
|
-
|
-
|
EPS
2 |
0.5400
|
0.5500
|
0.5500
|
0.6300
|
0.6000
|
0.5700
|
0.5600
|
0.6300
|
0.5800
|
0.5200
|
0.5695
|
0.6356
|
0.6198
|
-
|
-
|
Dividend per Share
2 |
2.050
|
-
|
2.050
|
-
|
-
|
-
|
2.150
|
-
|
-
|
-
|
1.125
|
-
|
-
|
-
|
2.350
|
Announcement Date
|
1/27/22
|
4/22/22
|
7/15/22
|
10/19/22
|
1/27/23
|
4/20/23
|
7/14/23
|
10/19/23
|
1/26/24
|
4/19/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,184
|
1,207
|
1,219
|
1,276
|
1,304
|
1,309
|
1,330
|
1,361
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.772
x
|
1.762
x
|
1.727
x
|
1.736
x
|
1.725
x
|
1.68
x
|
1.648
x
|
1.641
x
|
Free Cash Flow
1 |
322
|
334
|
337
|
321
|
343
|
352
|
376
|
388
|
ROE (net income / shareholders' equity)
|
26.6%
|
28.1%
|
28.8%
|
30.4%
|
29.4%
|
29.3%
|
30.5%
|
31.2%
|
ROA (Net income/ Total Assets)
|
11.1%
|
11.2%
|
11.3%
|
12.3%
|
12.1%
|
12.2%
|
13.3%
|
13.8%
|
Assets
1 |
2,742
|
2,928
|
3,035
|
3,051
|
3,113
|
3,134
|
3,055
|
3,036
|
Book Value Per Share
2 |
7.190
|
7.390
|
7.480
|
7.780
|
8.050
|
8.240
|
8.370
|
8.530
|
Cash Flow per Share
2 |
3.460
|
3.750
|
3.720
|
3.690
|
4.040
|
4.120
|
4.170
|
4.240
|
Capex
1 |
232
|
266
|
259
|
271
|
305
|
299
|
298
|
299
|
Capex / Sales
|
12.56%
|
14.04%
|
12.95%
|
12.72%
|
13.97%
|
13.56%
|
13.09%
|
12.8%
|
Announcement Date
|
1/29/20
|
1/28/21
|
1/27/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
Last Close Price
43.72
EUR Average target price
47.74
EUR Spread / Average Target +9.21% Consensus |