Real-time Estimate
Tradegate
08:07:08 2024-07-12 am EDT
|
5-day change
|
1st Jan Change
|
69.75
EUR
|
+0.36%
|
|
+3.73%
|
+6.11%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,092
|
7,179
|
11,165
|
9,288
|
10,140
|
10,543
|
-
|
-
|
Enterprise Value (EV)
1 |
7,092
|
7,179
|
11,165
|
9,288
|
10,140
|
10,543
|
10,543
|
10,543
|
P/E ratio
|
10.6
x
|
12.8
x
|
12.9
x
|
8.32
x
|
8.8
x
|
9.47
x
|
9.1
x
|
8.33
x
|
Yield
|
2.26%
|
2.17%
|
1.68%
|
-
|
2.67%
|
2.9%
|
3.03%
|
3.14%
|
Capitalization / Revenue
|
4.23
x
|
4.45
x
|
6.14
x
|
3.96
x
|
3.89
x
|
4.11
x
|
3.95
x
|
3.68
x
|
EV / Revenue
|
4.23
x
|
4.45
x
|
6.14
x
|
3.96
x
|
3.89
x
|
4.11
x
|
3.95
x
|
3.68
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.41
x
|
1.36
x
|
1.91
x
|
1.55
x
|
1.45
x
|
1.39
x
|
1.25
x
|
1.17
x
|
Nbr of stocks (in thousands)
|
145,625
|
141,564
|
141,907
|
140,947
|
140,930
|
139,143
|
-
|
-
|
Reference price
2 |
48.70
|
50.71
|
78.68
|
65.90
|
71.95
|
75.77
|
75.77
|
75.77
|
Announcement Date
|
1/23/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,677
|
1,613
|
1,817
|
2,345
|
2,608
|
2,564
|
2,670
|
2,862
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
942.6
|
896.4
|
1,021
|
1,485
|
1,585
|
1,626
|
1,679
|
-
|
Operating Margin
|
56.2%
|
55.58%
|
56.2%
|
63.35%
|
60.78%
|
63.4%
|
62.9%
|
-
|
Earnings before Tax (EBT)
1 |
843.9
|
685.8
|
1,056
|
1,412
|
1,460
|
1,444
|
1,509
|
1,591
|
Net income
1 |
674
|
567.8
|
873
|
1,128
|
1,161
|
1,111
|
1,141
|
1,270
|
Net margin
|
40.19%
|
35.21%
|
48.03%
|
48.12%
|
44.53%
|
43.33%
|
42.74%
|
44.37%
|
EPS
2 |
4.610
|
3.970
|
6.100
|
7.920
|
8.180
|
8.000
|
8.330
|
9.101
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
1.100
|
1.100
|
1.320
|
-
|
1.920
|
2.200
|
2.294
|
2.377
|
Announcement Date
|
1/23/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
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 |
477.2
|
495.4
|
551.4
|
627.4
|
670.4
|
659.8
|
645.4
|
647.6
|
654.7
|
644.1
|
631.6
|
642
|
647.8
|
643.5
|
656.4
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
267.1
|
305.9
|
354.5
|
411.4
|
413.3
|
441.4
|
383.6
|
395.6
|
364.2
|
397.3
|
398.6
|
407.8
|
411.3
|
401.6
|
420.1
|
Operating Margin
|
55.97%
|
61.75%
|
64.3%
|
65.57%
|
61.65%
|
66.89%
|
59.44%
|
61.08%
|
55.63%
|
61.67%
|
63.1%
|
63.52%
|
63.49%
|
62.41%
|
64%
|
Earnings before Tax (EBT)
1 |
277.1
|
297.9
|
341
|
384.4
|
388.3
|
421.4
|
357.6
|
353.6
|
327.2
|
372.3
|
359.3
|
360.3
|
361
|
355.1
|
370.7
|
Net income
1 |
217.8
|
237.7
|
258.3
|
295.3
|
336.8
|
322.4
|
312
|
287.7
|
239
|
285.1
|
275.1
|
275.5
|
275.7
|
269.6
|
281
|
Net margin
|
45.64%
|
47.98%
|
46.85%
|
47.08%
|
50.23%
|
48.87%
|
48.35%
|
44.43%
|
36.5%
|
44.26%
|
43.55%
|
42.92%
|
42.57%
|
41.89%
|
42.81%
|
EPS
2 |
1.520
|
1.660
|
1.810
|
2.080
|
2.370
|
2.270
|
2.200
|
2.020
|
1.690
|
2.030
|
1.972
|
1.994
|
1.998
|
1.959
|
2.045
|
Dividend per Share
2 |
0.3300
|
0.4000
|
0.4000
|
0.4000
|
-
|
0.4800
|
0.4800
|
0.4800
|
0.4800
|
-
|
0.5500
|
0.5500
|
0.5500
|
0.5778
|
0.5738
|
Announcement Date
|
1/27/22
|
4/21/22
|
7/21/22
|
10/20/22
|
1/26/23
|
4/20/23
|
7/20/23
|
10/19/23
|
1/23/24
|
4/23/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
14.9%
|
11.1%
|
15.7%
|
19.5%
|
17.9%
|
15.6%
|
14.8%
|
15.1%
|
ROA (Net income/ Total Assets)
|
1.67%
|
1.16%
|
1.47%
|
1.8%
|
1.71%
|
1.54%
|
1.54%
|
-
|
Assets
1 |
40,361
|
48,948
|
59,386
|
62,671
|
67,904
|
72,085
|
74,294
|
-
|
Book Value Per Share
2 |
34.50
|
37.20
|
41.10
|
42.50
|
49.60
|
54.50
|
60.50
|
64.80
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/23/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
Last Close Price
75.77
USD Average target price
87.23
USD Spread / Average Target +15.13% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.96% | 596B | | +24.18% | 327B | | +17.28% | 269B | | +22.23% | 210B | | +21.72% | 180B | | +20.47% | 174B | | +5.76% | 158B | | +12.21% | 156B | | -5.06% | 148B |
Other Banks
|