Real-time Estimate
Tradegate
02:58:12 2024-06-27 pm EDT
|
5-day change
|
1st Jan Change
|
200.1
EUR
|
+0.46%
|
|
+1.76%
|
+5.45%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
126,472
|
149,249
|
143,543
|
144,079
|
138,251
|
138,983
|
-
|
-
|
Enterprise Value (EV)
1 |
132,058
|
156,413
|
151,619
|
153,539
|
150,599
|
151,146
|
150,410
|
150,872
|
P/E ratio
|
21
x
|
31.7
x
|
26.4
x
|
29.5
x
|
24.8
x
|
21.3
x
|
19.2
x
|
17.5
x
|
Yield
|
1.9%
|
1.71%
|
1.81%
|
1.85%
|
-
|
2.1%
|
2.25%
|
2.39%
|
Capitalization / Revenue
|
3.45
x
|
4.57
x
|
4.17
x
|
4.06
x
|
3.77
x
|
3.58
x
|
3.37
x
|
3.22
x
|
EV / Revenue
|
3.6
x
|
4.79
x
|
4.41
x
|
4.33
x
|
4.11
x
|
3.9
x
|
3.65
x
|
3.5
x
|
EV / EBITDA
|
14.7
x
|
21.2
x
|
17.2
x
|
16.5
x
|
16.2
x
|
14.6
x
|
13.5
x
|
12.8
x
|
EV / FCF
|
21.8
x
|
29.5
x
|
26.5
x
|
34.1
x
|
35
x
|
26
x
|
22.5
x
|
21.6
x
|
FCF Yield
|
4.59%
|
3.39%
|
3.78%
|
2.94%
|
2.86%
|
3.84%
|
4.45%
|
4.63%
|
Price to Book
|
6.82
x
|
8.45
x
|
7.7
x
|
8.57
x
|
8.46
x
|
8.08
x
|
7.53
x
|
7.46
x
|
Nbr of stocks (in thousands)
|
714,533
|
701,686
|
688,423
|
672,322
|
659,251
|
651,186
|
-
|
-
|
Reference price
2 |
177.0
|
212.7
|
208.5
|
214.3
|
209.7
|
213.4
|
213.4
|
213.4
|
Announcement Date
|
1/31/20
|
1/29/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
36,709
|
32,637
|
34,392
|
35,466
|
36,662
|
38,780
|
41,192
|
43,097
|
EBITDA
1 |
9,004
|
7,373
|
8,801
|
9,304
|
9,278
|
10,329
|
11,115
|
11,757
|
EBIT
1 |
7,739
|
6,665
|
7,212
|
7,689
|
8,304
|
9,153
|
9,896
|
10,612
|
Operating Margin
|
21.08%
|
20.42%
|
20.97%
|
21.68%
|
22.65%
|
23.6%
|
24.02%
|
24.62%
|
Earnings before Tax (EBT)
1 |
7,559
|
6,012
|
7,235
|
6,379
|
7,159
|
8,312
|
9,097
|
9,516
|
Net income
1 |
6,143
|
4,779
|
5,542
|
4,966
|
5,658
|
6,561
|
7,150
|
7,646
|
Net margin
|
16.73%
|
14.64%
|
16.11%
|
14%
|
15.43%
|
16.92%
|
17.36%
|
17.74%
|
EPS
2 |
8.410
|
6.720
|
7.910
|
7.270
|
8.470
|
10.00
|
11.10
|
12.21
|
Free Cash Flow
1 |
6,058
|
5,302
|
5,729
|
4,508
|
4,301
|
5,806
|
6,691
|
6,981
|
FCF margin
|
16.5%
|
16.25%
|
16.66%
|
12.71%
|
11.73%
|
14.97%
|
16.24%
|
16.2%
|
FCF Conversion (EBITDA)
|
67.28%
|
71.91%
|
65.09%
|
48.45%
|
46.36%
|
56.21%
|
60.2%
|
59.38%
|
FCF Conversion (Net income)
|
98.62%
|
110.94%
|
103.37%
|
90.78%
|
76.02%
|
88.49%
|
93.58%
|
91.3%
|
Dividend per Share
2 |
3.360
|
3.630
|
3.770
|
3.970
|
-
|
4.478
|
4.810
|
5.108
|
Announcement Date
|
1/31/20
|
1/29/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
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 |
8,657
|
8,376
|
8,953
|
8,951
|
9,186
|
8,864
|
9,146
|
9,212
|
9,440
|
9,105
|
9,434
|
9,813
|
10,410
|
9,837
|
10,016
|
EBITDA
1 |
2,163
|
2,103
|
2,242
|
2,353
|
2,431
|
2,235
|
2,286
|
2,481
|
2,470
|
2,259
|
2,441
|
2,610
|
2,869
|
2,458
|
2,558
|
EBIT
1 |
1,851
|
1,766
|
1,867
|
1,952
|
2,104
|
1,947
|
2,052
|
2,082
|
2,223
|
2,021
|
2,168
|
2,331
|
2,606
|
2,229
|
2,262
|
Operating Margin
|
21.38%
|
21.08%
|
20.85%
|
21.81%
|
22.9%
|
21.97%
|
22.44%
|
22.6%
|
23.55%
|
22.2%
|
22.98%
|
23.76%
|
25.03%
|
22.66%
|
22.58%
|
Earnings before Tax (EBT)
1 |
1,793
|
1,505
|
1,704
|
1,981
|
1,189
|
1,782
|
1,904
|
1,967
|
1,506
|
1,871
|
1,990
|
2,101
|
2,344
|
2,045
|
2,128
|
Net income
1 |
1,428
|
1,134
|
1,261
|
1,552
|
1,019
|
1,394
|
1,487
|
1,514
|
1,263
|
1,463
|
1,572
|
1,642
|
1,894
|
1,604
|
1,669
|
Net margin
|
16.5%
|
13.54%
|
14.08%
|
17.34%
|
11.09%
|
15.73%
|
16.26%
|
16.44%
|
13.38%
|
16.07%
|
16.66%
|
16.73%
|
18.19%
|
16.3%
|
16.66%
|
EPS
2 |
2.050
|
1.640
|
1.840
|
2.280
|
1.510
|
2.070
|
2.220
|
2.270
|
1.910
|
2.230
|
2.407
|
2.534
|
2.924
|
2.452
|
2.561
|
Dividend per Share
2 |
0.9800
|
0.9800
|
0.9800
|
0.9800
|
1.030
|
1.030
|
1.030
|
-
|
-
|
-
|
1.050
|
1.080
|
1.258
|
1.168
|
1.147
|
Announcement Date
|
2/3/22
|
4/29/22
|
7/28/22
|
10/27/22
|
2/2/23
|
4/27/23
|
7/27/23
|
10/26/23
|
2/1/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
5,586
|
7,164
|
8,076
|
9,460
|
12,348
|
12,163
|
11,427
|
11,890
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6204
x
|
0.9717
x
|
0.9176
x
|
1.017
x
|
1.331
x
|
1.178
x
|
1.028
x
|
1.011
x
|
Free Cash Flow
1 |
6,058
|
5,302
|
5,729
|
4,508
|
4,301
|
5,806
|
6,691
|
6,981
|
ROE (net income / shareholders' equity)
|
32.1%
|
27.7%
|
29.9%
|
28.2%
|
36.3%
|
39.7%
|
42.2%
|
46.1%
|
ROA (Net income/ Total Assets)
|
10.2%
|
8.2%
|
8.59%
|
7.84%
|
9.89%
|
10.4%
|
11.1%
|
12.6%
|
Assets
1 |
60,054
|
58,290
|
64,524
|
63,373
|
57,220
|
62,977
|
64,429
|
60,685
|
Book Value Per Share
2 |
25.90
|
25.20
|
27.10
|
25.00
|
24.80
|
26.40
|
28.30
|
28.60
|
Cash Flow per Share
2 |
9.440
|
8.730
|
8.620
|
7.720
|
7.990
|
10.80
|
12.10
|
13.20
|
Capex
1 |
839
|
906
|
895
|
766
|
1,039
|
1,102
|
1,047
|
1,057
|
Capex / Sales
|
2.29%
|
2.78%
|
2.6%
|
2.16%
|
2.83%
|
2.84%
|
2.54%
|
2.45%
|
Announcement Date
|
1/31/20
|
1/29/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
213.4
USD Average target price
226.6
USD Spread / Average Target +6.19% Consensus |
1st Jan change
|
Capi.
|
---|
| +12.77% | 885B | | +1.90% | 243B | | +25.17% | 176B | | +79.65% | 102B | | -9.80% | 71.28B | | -5.74% | 56.14B | | +107.50% | 34.93B | | -35.64% | 32.83B | | +25.46% | 32.81B |
Consumer Goods Conglomerates
|