Market Closed -
Borsa Italiana
11:44:59 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
10.05
EUR
|
+0.70%
|
|
+0.60%
|
-12.23%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,236
|
9,535
|
10,252
|
9,037
|
10,849
|
9,474
|
-
|
-
|
Enterprise Value (EV)
1 |
5,964
|
13,246
|
14,305
|
13,116
|
15,056
|
13,827
|
13,865
|
13,845
|
P/E ratio
|
37.6
x
|
55.2
x
|
53.7
x
|
30.8
x
|
32.3
x
|
24.7
x
|
21.7
x
|
19.5
x
|
Yield
|
1.51%
|
3.02%
|
3.02%
|
3.69%
|
4.19%
|
5.06%
|
5.45%
|
5.89%
|
Capitalization / Revenue
|
13.2
x
|
14.4
x
|
13.1
x
|
10.6
x
|
11.3
x
|
9.02
x
|
8.41
x
|
7.92
x
|
EV / Revenue
|
15.1
x
|
20
x
|
18.2
x
|
15.4
x
|
15.7
x
|
13.2
x
|
12.3
x
|
11.6
x
|
EV / EBITDA
|
17
x
|
21.7
x
|
20
x
|
16.8
x
|
17.1
x
|
14.4
x
|
13.4
x
|
12.6
x
|
EV / FCF
|
63.4
x
|
33.3
x
|
39
x
|
26.7
x
|
24.6
x
|
28.8
x
|
24.8
x
|
22
x
|
FCF Yield
|
1.58%
|
3%
|
2.56%
|
3.75%
|
4.06%
|
3.47%
|
4.03%
|
4.54%
|
Price to Book
|
3.36
x
|
1.89
x
|
2.29
x
|
2.02
x
|
-
|
2.29
x
|
2.3
x
|
2.3
x
|
Nbr of stocks (in thousands)
|
599,778
|
960,200
|
959,913
|
959,906
|
947,551
|
942,652
|
-
|
-
|
Reference price
2 |
8.730
|
9.930
|
10.68
|
9.414
|
11.45
|
10.05
|
10.05
|
10.05
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/24/22
|
3/3/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
395.4
|
663.4
|
785.1
|
853
|
960.3
|
1,050
|
1,127
|
1,196
|
EBITDA
1 |
349.8
|
610.5
|
714.9
|
781.4
|
878.6
|
961.5
|
1,033
|
1,099
|
EBIT
1 |
219.8
|
297.4
|
354.7
|
417.7
|
508.1
|
580
|
645.8
|
709.7
|
Operating Margin
|
55.58%
|
44.83%
|
45.18%
|
48.97%
|
52.91%
|
55.24%
|
57.31%
|
59.33%
|
Earnings before Tax (EBT)
1 |
195.6
|
220.9
|
264.6
|
334.3
|
395.8
|
451.2
|
515.4
|
579.4
|
Net income
1 |
139.3
|
156.7
|
191.4
|
293.3
|
339.5
|
386.2
|
434.7
|
479.4
|
Net margin
|
35.23%
|
23.62%
|
24.38%
|
34.38%
|
35.35%
|
36.78%
|
38.58%
|
40.08%
|
EPS
2 |
0.2320
|
0.1800
|
0.1990
|
0.3060
|
0.3550
|
0.4061
|
0.4635
|
0.5159
|
Free Cash Flow
1 |
94
|
397.3
|
366.5
|
491.4
|
611.5
|
480.2
|
558.7
|
628.2
|
FCF margin
|
23.77%
|
59.89%
|
46.68%
|
57.61%
|
63.68%
|
45.74%
|
49.58%
|
52.52%
|
FCF Conversion (EBITDA)
|
26.88%
|
65.08%
|
51.26%
|
62.89%
|
69.6%
|
49.95%
|
54.1%
|
57.16%
|
FCF Conversion (Net income)
|
67.48%
|
253.61%
|
191.47%
|
167.54%
|
180.12%
|
124.34%
|
128.51%
|
131.03%
|
Dividend per Share
2 |
0.1320
|
0.3000
|
0.3225
|
0.3472
|
0.4800
|
0.5084
|
0.5480
|
0.5920
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/24/22
|
3/3/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
383.1
|
203.9
|
207
|
210.7
|
417.7
|
214.8
|
220.5
|
233.6
|
237.6
|
471.2
|
242
|
247.1
|
254.6
|
258.9
|
263.6
|
269.9
|
EBITDA
1 |
348.9
|
185.1
|
189
|
191.7
|
380.7
|
197.1
|
203.5
|
213.6
|
216.3
|
429.9
|
223
|
226
|
233
|
236.6
|
242.1
|
247.8
|
EBIT
1 |
-
|
93
|
95.7
|
102.2
|
197.9
|
107.6
|
111.3
|
122.3
|
123.4
|
245.7
|
128.4
|
134.2
|
137.8
|
133.7
|
137.8
|
134.6
|
Operating Margin
|
-
|
45.61%
|
46.23%
|
48.5%
|
47.38%
|
50.09%
|
50.48%
|
52.35%
|
51.94%
|
52.15%
|
53.06%
|
54.33%
|
54.12%
|
51.66%
|
52.28%
|
49.89%
|
Earnings before Tax (EBT)
1 |
-
|
73
|
76.9
|
83.2
|
160.1
|
86
|
88.2
|
97.5
|
96.73
|
194.2
|
98.07
|
103.5
|
107.8
|
114
|
117.1
|
114.3
|
Net income
1 |
-
|
41.8
|
68.1
|
73.9
|
142
|
75
|
76.3
|
82.9
|
80.82
|
163.7
|
85.1
|
90.6
|
89.73
|
98.38
|
101.1
|
100.8
|
Net margin
|
-
|
20.5%
|
32.9%
|
35.07%
|
34%
|
34.92%
|
34.6%
|
35.49%
|
34.02%
|
34.74%
|
35.17%
|
36.67%
|
35.24%
|
38%
|
38.33%
|
37.35%
|
EPS
2 |
-
|
0.0290
|
0.0710
|
0.0800
|
-
|
0.0780
|
-
|
0.0860
|
0.0860
|
-
|
0.0880
|
0.0950
|
0.1880
|
0.0973
|
0.0988
|
0.1036
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.4800
|
-
|
-
|
0.4831
|
-
|
Announcement Date
|
7/29/21
|
2/24/22
|
5/5/22
|
7/28/22
|
7/28/22
|
10/27/22
|
3/3/23
|
5/9/23
|
7/26/23
|
7/26/23
|
11/9/23
|
3/7/24
|
5/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
727
|
3,712
|
4,053
|
4,079
|
4,207
|
4,353
|
4,391
|
4,371
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.08
x
|
6.08
x
|
5.669
x
|
5.22
x
|
4.788
x
|
4.528
x
|
4.252
x
|
3.978
x
|
Free Cash Flow
1 |
94
|
397
|
366
|
491
|
612
|
480
|
559
|
628
|
ROE (net income / shareholders' equity)
|
8.96%
|
5.26%
|
4.22%
|
6.6%
|
-
|
9.57%
|
11%
|
12.3%
|
ROA (Net income/ Total Assets)
|
6.16%
|
2.68%
|
2.08%
|
3.46%
|
-
|
4.11%
|
4.73%
|
5.41%
|
Assets
1 |
2,263
|
5,839
|
9,224
|
8,485
|
-
|
9,407
|
9,189
|
8,858
|
Book Value Per Share
2 |
2.600
|
5.260
|
4.670
|
4.650
|
-
|
4.400
|
4.380
|
4.370
|
Cash Flow per Share
2 |
0.5100
|
0.5600
|
0.2300
|
-
|
-
|
0.7100
|
0.8300
|
0.9100
|
Capex
1 |
211
|
89.3
|
160
|
187
|
290
|
280
|
238
|
216
|
Capex / Sales
|
53.32%
|
13.46%
|
20.41%
|
21.92%
|
30.2%
|
26.68%
|
21.11%
|
18.08%
|
Announcement Date
|
3/5/20
|
3/4/21
|
2/24/22
|
3/3/23
|
3/7/24
|
-
|
-
|
-
|
Last Close Price
10.05
EUR Average target price
12.84
EUR Spread / Average Target +27.76% Consensus |