Real-time Estimate
Tradegate
08:12:48 2024-06-03 am EDT
|
5-day change
|
1st Jan Change
|
97.49
EUR
|
+1.85%
|
|
-2.18%
|
+20.63%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
12,889
|
12,147
|
11,533
|
10,252
|
15,014
|
17,420
|
-
|
-
|
Enterprise Value (EV)
1 |
21,299
|
19,194
|
16,532
|
15,784
|
20,308
|
21,605
|
20,740
|
19,825
|
P/E ratio
|
11.8
x
|
-5.68
x
|
6.68
x
|
6.31
x
|
7.76
x
|
8.35
x
|
7.7
x
|
7.17
x
|
Yield
|
3.39%
|
3.59%
|
4.03%
|
4.88%
|
3.71%
|
3.42%
|
3.53%
|
3.77%
|
Capitalization / Revenue
|
0.68
x
|
0.69
x
|
0.62
x
|
0.49
x
|
0.71
x
|
0.81
x
|
0.77
x
|
0.75
x
|
EV / Revenue
|
1.13
x
|
1.09
x
|
0.88
x
|
0.75
x
|
0.96
x
|
1
x
|
0.92
x
|
0.85
x
|
EV / EBITDA
|
5.95
x
|
5.18
x
|
4.27
x
|
4.22
x
|
4.77
x
|
4.79
x
|
4.43
x
|
4.08
x
|
EV / FCF
|
13.9
x
|
9.12
x
|
16.5
x
|
14.1
x
|
10.5
x
|
10.4
x
|
9.98
x
|
9.17
x
|
FCF Yield
|
7.18%
|
11%
|
6.07%
|
7.1%
|
9.52%
|
9.6%
|
10%
|
10.9%
|
Price to Book
|
0.76
x
|
0.92
x
|
0.76
x
|
0.6
x
|
0.87
x
|
0.94
x
|
0.86
x
|
0.81
x
|
Nbr of stocks (in thousands)
|
198,416
|
198,416
|
193,760
|
192,410
|
185,500
|
181,989
|
-
|
-
|
Reference price
2 |
64.96
|
61.22
|
59.52
|
53.28
|
80.94
|
95.72
|
95.72
|
95.72
|
Announcement Date
|
3/19/20
|
3/18/21
|
2/24/22
|
1/15/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
18,851
|
17,606
|
18,720
|
21,095
|
21,178
|
21,621
|
22,486
|
23,243
|
EBITDA
1 |
3,580
|
3,707
|
3,875
|
3,739
|
4,258
|
4,512
|
4,679
|
4,860
|
EBIT
1 |
2,186
|
2,363
|
2,614
|
2,476
|
3,022
|
3,184
|
3,374
|
3,527
|
Operating Margin
|
11.6%
|
13.42%
|
13.96%
|
11.74%
|
14.27%
|
14.73%
|
15.01%
|
15.17%
|
Earnings before Tax (EBT)
1 |
1,633
|
-1,602
|
2,894
|
2,217
|
2,849
|
3,035
|
3,228
|
3,445
|
Net income
1 |
1,091
|
-2,139
|
1,759
|
1,597
|
1,929
|
2,115
|
2,212
|
2,336
|
Net margin
|
5.79%
|
-12.15%
|
9.4%
|
7.57%
|
9.11%
|
9.78%
|
9.84%
|
10.05%
|
EPS
2 |
5.500
|
-10.78
|
8.913
|
8.449
|
10.43
|
11.46
|
12.44
|
13.35
|
Free Cash Flow
1 |
1,529
|
2,105
|
1,004
|
1,120
|
1,933
|
2,074
|
2,078
|
2,162
|
FCF margin
|
8.11%
|
11.96%
|
5.36%
|
5.31%
|
9.13%
|
9.59%
|
9.24%
|
9.3%
|
FCF Conversion (EBITDA)
|
42.71%
|
56.78%
|
25.9%
|
29.96%
|
45.4%
|
45.95%
|
44.41%
|
44.49%
|
FCF Conversion (Net income)
|
140.15%
|
-
|
57.06%
|
70.14%
|
100.22%
|
98.04%
|
93.93%
|
92.58%
|
Dividend per Share
2 |
2.200
|
2.200
|
2.400
|
2.600
|
3.000
|
3.273
|
3.375
|
3.611
|
Announcement Date
|
3/19/20
|
3/18/21
|
2/24/22
|
1/15/23
|
2/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
-
|
8,938
|
5,058
|
4,724
|
-
|
4,427
|
5,523
|
9,950
|
5,852
|
5,293
|
-
|
4,896
|
5,577
|
10,473
|
5,611
|
5,094
|
4,488
|
5,762
|
5,787
|
5,313
|
EBITDA
1 |
1,404
|
1,720
|
1,176
|
979
|
2,155
|
394
|
1,131
|
1,525
|
1,193
|
1,021
|
2,214
|
557
|
1,230
|
1,787
|
1,393
|
1,079
|
542
|
1,330
|
1,508
|
1,158
|
EBIT
1 |
-
|
1,084
|
869
|
661
|
-
|
91
|
817
|
908
|
874
|
694
|
-
|
-
|
-
|
-
|
1,080
|
753.5
|
232
|
-
|
-
|
-
|
Operating Margin
|
-
|
12.13%
|
17.18%
|
13.99%
|
-
|
2.06%
|
14.79%
|
9.13%
|
14.94%
|
13.11%
|
-
|
-
|
-
|
-
|
19.25%
|
14.79%
|
5.17%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
1,147
|
-
|
-
|
-
|
-
|
-
|
824.8
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
755
|
-
|
-
|
-
|
-
|
-
|
542
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
8.45%
|
-
|
-
|
-
|
-
|
-
|
5.45%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
3.810
|
-
|
-
|
-
|
-
|
-
|
2.820
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/30/20
|
7/29/21
|
11/4/21
|
2/24/22
|
2/24/22
|
5/11/22
|
7/28/22
|
7/28/22
|
11/3/22
|
1/15/23
|
1/15/23
|
5/10/23
|
7/27/23
|
7/27/23
|
11/2/23
|
2/22/24
|
5/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,410
|
7,047
|
4,999
|
5,532
|
5,294
|
4,185
|
3,320
|
2,405
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.349
x
|
1.901
x
|
1.29
x
|
1.48
x
|
1.243
x
|
0.9276
x
|
0.7096
x
|
0.4948
x
|
Free Cash Flow
1 |
1,529
|
2,105
|
1,004
|
1,120
|
1,933
|
2,074
|
2,078
|
2,162
|
ROE (net income / shareholders' equity)
|
6.9%
|
-13.3%
|
12.3%
|
9.99%
|
11.4%
|
11.7%
|
11.6%
|
11.6%
|
ROA (Net income/ Total Assets)
|
3.41%
|
-6.03%
|
5.33%
|
4.77%
|
5.61%
|
5.8%
|
5.98%
|
6.32%
|
Assets
1 |
31,957
|
35,462
|
33,023
|
33,484
|
34,364
|
36,455
|
37,017
|
36,931
|
Book Value Per Share
2 |
85.60
|
66.90
|
78.20
|
88.80
|
92.60
|
101.0
|
111.0
|
118.0
|
Cash Flow per Share
2 |
13.40
|
9.920
|
12.10
|
12.80
|
17.30
|
18.60
|
17.90
|
19.00
|
Capex
1 |
1,135
|
922
|
1,392
|
1,300
|
1,272
|
1,225
|
1,332
|
1,392
|
Capex / Sales
|
6.02%
|
5.24%
|
7.44%
|
6.16%
|
6.01%
|
5.67%
|
5.93%
|
5.99%
|
Announcement Date
|
3/19/20
|
3/18/21
|
2/24/22
|
1/15/23
|
2/22/24
|
-
|
-
|
-
|
Last Close Price
95.72
EUR Average target price
110.6
EUR Spread / Average Target +15.56% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.30% | 18.89B | | +18.22% | 56.04B | | +14.67% | 35.26B | | +0.01% | 34.25B | | +12.67% | 33.83B | | +11.16% | 18.83B | | +29.52% | 18.72B | | -3.40% | 10.86B | | +0.47% | 6.78B | | +6.84% | 4B |
Other Construction Materials
|