Financials Abitare In S.p.A. Deutsche Boerse AG

Equities

Market Closed - Deutsche Boerse AG Other stock markets 02:05:17 2024-07-12 am EDT			5-day change	1st Jan Change
4.12 ^EUR	+0.98%		+0.98%	-16.60%

Jul. 08	Lists down; political stalemate feared in France.	AN
Jun. 12	Abitare In S.p.A. Reports Earnings Results for the Half Year Ended March 31, 2024	CI

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	123.6	112.6	179.2	142.7	156.9	110.1	-	-
Enterprise Value (EV) ¹	155.6	138.8	254.3	258.9	212.9	188.1	167.1	190.1
P/E ratio	19.6 x	12.4 x	14.7 x	17.9 x	6.78 x	7.12 x	4.44 x	4.02 x
Yield	-	-	-	-	6.37%	1.59%	2.76%	3.18%
Capitalization / Revenue	2.77 x	1.54 x	1.44 x	1.17 x	1.35 x	1.12 x	0.72 x	0.68 x
EV / Revenue	3.49 x	1.9 x	2.04 x	2.12 x	1.83 x	1.91 x	1.09 x	1.18 x
EV / EBITDA	13.7 x	15.8 x	14.3 x	16.7 x	6.27 x	7.63 x	4.08 x	4.35 x
EV / FCF	-7.15 x	72.2 x	-5.57 x	-4.85 x	2.67 x	-4.42 x	4.61 x	4.79 x
FCF Yield	-14%	1.38%	-18%	-20.6%	37.5%	-22.6%	21.7%	20.9%
Price to Book	2.6 x	1.92 x	2.48 x	1.54 x	1.47 x	1 x	0.87 x	0.77 x
Nbr of stocks (in thousands)	25,546	25,708	25,935	26,531	26,601	26,413	-	-
Reference price ²	4.840	4.380	6.910	5.380	5.900	4.170	4.170	4.170
Announcement Date	12/18/19	11/24/20	12/3/21	12/13/22	12/13/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	44.57	73.08	124.8	122.2	116.3	98.25	153.6	161.4
EBITDA ¹	11.33	8.804	17.82	15.53	33.94	24.65	41	43.7
EBIT ¹	10.81	8.095	16.86	14.38	32.65	23	38.85	42.05
Operating Margin	24.25%	11.08%	13.51%	11.77%	28.07%	23.41%	25.28%	26.06%
Earnings before Tax (EBT) ¹	9.454	11.21	16.7	11.24	25.13	16	-	-
Net income ¹	6.375	9.182	12.19	7.892	24.29	15.7	24.8	27.4
Net margin	14.3%	12.57%	9.77%	6.46%	20.88%	15.98%	16.14%	16.98%
EPS ²	0.2470	0.3540	0.4700	0.3000	0.8700	0.5860	0.9385	1.036
Free Cash Flow ¹	-21.76	1.922	-45.7	-53.39	79.85	-42.6	36.25	39.7
FCF margin	-48.82%	2.63%	-36.61%	-43.7%	68.65%	-43.36%	23.59%	24.6%
FCF Conversion (EBITDA)	-	21.83%	-	-	235.23%	-	88.41%	90.85%
FCF Conversion (Net income)	-	20.93%	-	-	328.73%	-	146.17%	144.89%
Dividend per Share ²	-	-	-	-	0.3760	0.0665	0.1150	0.1325
Announcement Date	12/18/19	11/24/20	12/3/21	12/13/22	12/13/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: Settembre	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	32	26.1	75.1	116	55.9	78	57	80
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.821 x	2.97 x	4.214 x	7.48 x	1.648 x	3.164 x	1.39 x	1.831 x
Free Cash Flow ¹	-21.8	1.92	-45.7	-53.4	79.8	-42.6	36.3	39.7
ROE (net income / shareholders' equity)	14.4%	17.4%	18.6%	9.6%	24.5%	13.2%	18.3%	17.4%
ROA (Net income/ Total Assets)	-	5.15%	-	2.46%	7.33%	5.1%	7.1%	7.1%
Assets ¹	-	178.3	-	321	331.5	307.8	349.3	385.9
Book Value Per Share ²	1.860	2.280	2.790	3.500	4.010	4.160	4.790	5.440
Cash Flow per Share	-0.7900	0.1100	-1.750	-	-	-	-	-
Capex ¹	1.47	0.36	0.18	3.45	15	2.25	2.25	2.25
Capex / Sales	3.3%	0.5%	0.15%	2.83%	12.91%	2.29%	1.46%	1.39%
Announcement Date	12/18/19	11/24/20	12/3/21	12/13/22	12/13/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.17 EUR

Average target price

7.05 EUR

Spread / Average Target

+69.06%

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