Financials Hammerson plc Deutsche Boerse AG

Equities

H2V2

GB00BK7YQK64

Commercial REITs

Market Closed - Deutsche Boerse AG 02:05:21 2024-07-05 am EDT 5-day change 1st Jan Change
0.34 EUR +0.59% Intraday chart for Hammerson plc +7.59% +4.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,361 1,008 1,447 1,188 1,411 1,461 - -
Enterprise Value (EV) 1 5,161 3,208 3,266 2,920 2,738 2,643 2,600 2,686
P/E ratio -3.02 x -0.32 x -3.35 x -7.21 x -28.4 x -33.3 x 17.3 x 5.68 x
Yield 8.39% 1.61% 1.22% 0.84% 5.28% 4.81% 4.99% 5.21%
Capitalization / Revenue 6.54 x 3.51 x 5.99 x 5.52 x 6.77 x 7.53 x 7.61 x 7.51 x
EV / Revenue 14.3 x 11.2 x 13.5 x 13.6 x 13.1 x 13.6 x 13.5 x 13.8 x
EV / EBITDA 16.1 x 20.2 x 22.3 x 17.5 x 16.5 x 15.2 x 14.4 x 14.4 x
EV / FCF 40.5 x -21.3 x -22.2 x 88 x 140 x 40.4 x 37.5 x -
FCF Yield 2.47% -4.69% -4.51% 1.14% 0.72% 2.48% 2.66% -
Price to Book 0.54 x 0.17 x 0.53 x 0.45 x 0.57 x 0.6 x 0.59 x 0.55 x
Nbr of stocks (in thousands) 152,957 4,057,070 4,411,304 4,992,284 4,969,062 4,973,407 - -
Reference price 2 15.44 0.2485 0.3280 0.2380 0.2840 0.2938 0.2938 0.2938
Announcement Date 2/25/20 3/12/21 3/4/22 3/9/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 361 286.9 241.6 215.2 208.4 194 192.1 194.6
EBITDA 1 320.5 158.5 146.4 166.4 166 174.1 181 186.3
EBIT 1 306 132.4 154.3 159.4 163 157.4 166.7 159.8
Operating Margin 84.76% 46.15% 63.87% 74.07% 78.21% 81.14% 86.76% 82.09%
Earnings before Tax (EBT) 1 -573.8 -1,734 -408 -163.7 -50.6 92.12 97.86 144.5
Net income 1 -781.2 -1,735 -429.1 -164.2 -51.4 57.12 76.37 183.4
Net margin -216.4% -604.67% -177.61% -76.3% -24.66% 29.45% 39.76% 94.2%
EPS 2 -5.105 -0.7690 -0.0980 -0.0330 -0.0100 -0.008820 0.0170 0.0517
Free Cash Flow 1 127.4 -150.5 -147.3 33.2 19.6 65.45 69.27 -
FCF margin 35.29% -52.46% -60.97% 15.43% 9.4% 33.74% 36.06% -
FCF Conversion (EBITDA) 39.75% - - 19.95% 11.81% 37.59% 38.26% -
FCF Conversion (Net income) - - - - - 114.58% 90.7% -
Dividend per Share 2 1.295 0.004000 0.004000 0.002000 0.0150 0.0141 0.0147 0.0153
Announcement Date 2/25/20 3/12/21 3/4/22 3/9/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 179.6 144.3 142.6 122.4 119.2 103.8 111.4 106.3 102.1 99.14 95.04 95.04 94.08
EBITDA - - - 61.8 - - - - - - - - -
EBIT 1 - 65.7 - 59.8 94.5 80.4 79 81 82 72.62 83.75 71.5 85.46
Operating Margin - 45.53% - 48.86% 79.28% 77.46% 70.92% 76.2% 80.31% 73.25% 88.12% 75.23% 90.84%
Earnings before Tax (EBT) - -1,090 - - - - - - - - - - -
Net income - -1,088 - - - - - - - - - - -
Net margin - -754.26% - - - - - - - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - 0.002000 - 0.002000 - 0.007200 - - - - -
Announcement Date 2/25/20 8/6/20 3/12/21 8/5/21 3/4/22 7/28/22 3/9/23 7/27/23 2/29/24 - - - -
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,800 2,200 1,819 1,732 1,326 1,182 1,138 1,225
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 8.736 x 13.88 x 12.43 x 10.41 x 7.99 x 6.79 x 6.288 x 6.575 x
Free Cash Flow 1 127 -151 -147 33.2 19.6 65.4 69.3 -
ROE (net income / shareholders' equity) 4.36% 0.96% 2.72% 3.77% 4.07% 4.35% 5.37% 5.4%
ROA (Net income/ Total Assets) 2.64% 0.55% 1.5% 2.13% - 1.99% 3.69% 4.06%
Assets 1 -29,637 -314,218 -28,696 -7,713 - 2,873 2,067 4,516
Book Value Per Share 2 28.60 1.420 0.6200 0.5200 0.5000 0.4900 0.5000 0.5300
Cash Flow per Share 2 1.090 -0.0400 -0.0200 0.0100 0.0100 0.0200 0.0200 0.0200
Capex 1 79.9 68.1 77 36.4 18.7 79.9 72.5 11.3
Capex / Sales 22.13% 23.74% 31.87% 16.91% 8.97% 41.21% 37.74% 5.82%
Announcement Date 2/25/20 3/12/21 3/4/22 3/9/23 2/29/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
0.2938 GBP
Average target price
0.2675 GBP
Spread / Average Target
-8.95%
Consensus

Quarterly revenue - Rate of surprise