Financials Electricité de Strasbourg S.A.

Equities

ELEC

FR0000031023

Electric Utilities

Market Closed - Euronext Paris 11:06:21 2024-07-12 am EDT 5-day change 1st Jan Change
106.5 EUR -0.93% Intraday chart for Electricité de Strasbourg S.A. -1.39% +7.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 699.7 846 846 806.6 715.5 712.6
Enterprise Value (EV) 1 561.5 730 731.6 553 371.6 498.2
P/E ratio 13.2 x 15.9 x 23.9 x 13.7 x 13 x 7.63 x
Yield 5.12% 4.58% 3.98% 5.16% 2.66% 8.65%
Capitalization / Revenue 0.95 x 1.08 x 1.14 x 0.93 x 0.55 x 0.43 x
EV / Revenue 0.76 x 0.93 x 0.99 x 0.64 x 0.29 x 0.3 x
EV / EBITDA 4.36 x 5.64 x 5.13 x 4.32 x 3.16 x 2.97 x
EV / FCF 8.16 x 157 x 20.8 x 11.5 x 4.07 x 11.9 x
FCF Yield 12.3% 0.64% 4.81% 8.72% 24.6% 8.41%
Price to Book 1.87 x 2.32 x 2.43 x 2.16 x 1.71 x 1.5 x
Nbr of stocks (in thousands) 7,169 7,169 7,169 7,169 7,169 7,169
Reference price 2 97.60 118.0 118.0 112.5 99.80 99.40
Announcement Date 4/30/19 5/15/20 4/27/21 5/1/22 5/5/23 4/19/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 734.3 781.9 741.3 870.8 1,293 1,674
EBITDA 1 128.7 129.4 142.7 127.9 117.5 167.8
EBIT 1 83.98 83.63 95.38 80.76 70.23 120.4
Operating Margin 11.44% 10.7% 12.87% 9.27% 5.43% 7.19%
Earnings before Tax (EBT) 1 85.45 83.91 65.97 83.41 73.54 121
Net income 1 53.02 53.04 35.47 58.89 54.95 93.36
Net margin 7.22% 6.78% 4.78% 6.76% 4.25% 5.58%
EPS 2 7.390 7.399 4.947 8.210 7.660 13.02
Free Cash Flow 1 68.82 4.639 35.2 48.21 91.34 41.88
FCF margin 9.37% 0.59% 4.75% 5.54% 7.07% 2.5%
FCF Conversion (EBITDA) 53.45% 3.59% 24.66% 37.69% 77.73% 24.96%
FCF Conversion (Net income) 129.8% 8.75% 99.24% 81.86% 166.23% 44.85%
Dividend per Share 2 5.000 5.400 4.700 5.800 2.650 8.600
Announcement Date 4/30/19 5/15/20 4/27/21 5/1/22 5/5/23 4/19/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 138 116 114 254 344 214
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 68.8 4.64 35.2 48.2 91.3 41.9
ROE (net income / shareholders' equity) 15.4% 14.2% 9.89% 16.2% 13.7% 20.2%
ROA (Net income/ Total Assets) 3.12% 3.09% 3.52% 2.82% 2.23% 3.69%
Assets 1 1,698 1,718 1,009 2,086 2,464 2,530
Book Value Per Share 2 52.20 50.90 48.50 52.10 58.30 66.20
Cash Flow per Share 2 14.40 14.10 13.40 18.80 34.90 17.80
Capex 1 52 63.2 45.2 64.4 64.5 69.9
Capex / Sales 7.08% 8.08% 6.1% 7.39% 4.99% 4.18%
Announcement Date 4/30/19 5/15/20 4/27/21 5/1/22 5/5/23 4/19/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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