Real-time Estimate
Cboe Europe
10:09:59 2024-07-10 am EDT
|
5-day change
|
1st Jan Change
|
296
CZK
|
0.00%
|
|
-2.31%
|
+7.25%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|
Capitalization
1 |
5,993
|
5,930
|
4,998
|
6,574
|
5,180
|
5,859
|
Enterprise Value (EV)
1 |
8,422
|
8,581
|
8,846
|
10,027
|
8,475
|
8,719
|
P/E ratio
|
-71.2
x
|
21.9
x
|
65.3
x
|
27.8
x
|
20.2
x
|
16.8
x
|
Yield
|
4.77%
|
4.82%
|
5.72%
|
3.65%
|
5.52%
|
4.89%
|
Capitalization / Revenue
|
0.84
x
|
0.93
x
|
0.81
x
|
0.99
x
|
0.66
x
|
0.67
x
|
EV / Revenue
|
1.18
x
|
1.34
x
|
1.43
x
|
1.51
x
|
1.08
x
|
1
x
|
EV / EBITDA
|
8.54
x
|
8.54
x
|
10.4
x
|
11
x
|
8.71
x
|
7.91
x
|
EV / FCF
|
19.1
x
|
138
x
|
17.9
x
|
15.4
x
|
26.8
x
|
10.4
x
|
FCF Yield
|
5.24%
|
0.72%
|
5.6%
|
6.5%
|
3.73%
|
9.66%
|
Price to Book
|
3.91
x
|
3.88
x
|
3.73
x
|
4.92
x
|
3.89
x
|
4.02
x
|
Nbr of stocks (in thousands)
|
21,178
|
21,178
|
21,178
|
21,207
|
21,230
|
21,230
|
Reference price
2 |
283.0
|
280.0
|
236.0
|
310.0
|
244.0
|
276.0
|
Announcement Date
|
3/26/19
|
3/26/20
|
4/15/21
|
4/13/22
|
4/13/23
|
4/11/24
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|
Net sales
1 |
7,119
|
6,409
|
6,171
|
6,636
|
7,875
|
8,690
|
EBITDA
1 |
986
|
1,005
|
849.6
|
912.5
|
973.1
|
1,103
|
EBIT
1 |
431.1
|
562.4
|
364.9
|
436
|
525.5
|
712.3
|
Operating Margin
|
6.06%
|
8.77%
|
5.91%
|
6.57%
|
6.67%
|
8.2%
|
Earnings before Tax (EBT)
1 |
-43.14
|
398.7
|
191.7
|
365.1
|
399.8
|
481.9
|
Net income
1 |
-88.55
|
284.4
|
80.52
|
248.8
|
269.2
|
365.4
|
Net margin
|
-1.24%
|
4.44%
|
1.3%
|
3.75%
|
3.42%
|
4.2%
|
EPS
2 |
-3.972
|
12.76
|
3.612
|
11.16
|
12.07
|
16.39
|
Free Cash Flow
1 |
441.6
|
62.08
|
495.3
|
651.7
|
316.2
|
842
|
FCF margin
|
6.2%
|
0.97%
|
8.03%
|
9.82%
|
4.02%
|
9.69%
|
FCF Conversion (EBITDA)
|
44.78%
|
6.18%
|
58.3%
|
71.42%
|
32.5%
|
76.36%
|
FCF Conversion (Net income)
|
-
|
21.83%
|
615.12%
|
261.96%
|
117.5%
|
230.43%
|
Dividend per Share
2 |
13.50
|
13.50
|
13.50
|
11.30
|
13.46
|
13.50
|
Announcement Date
|
3/26/19
|
3/26/20
|
4/15/21
|
4/13/22
|
4/13/23
|
4/11/24
|
Fiscal Period: December |
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
---|
Net sales
1 |
2,954
|
2,114
|
1,568
|
1,506
|
2,211
|
3,717
|
2,347
|
1,712
|
2,340
|
4,053
|
1,712
|
EBITDA
1 |
469.9
|
516.5
|
141.7
|
111.8
|
306.2
|
418
|
462.2
|
218.2
|
362.9
|
581.1
|
555.9
|
EBIT
1 |
159.7
|
369.1
|
-9.8
|
-35.4
|
160.8
|
125.4
|
319.4
|
84.3
|
229
|
313.3
|
421.3
|
Operating Margin
|
5.41%
|
17.46%
|
-0.62%
|
-2.35%
|
7.27%
|
3.37%
|
13.61%
|
4.92%
|
9.78%
|
7.73%
|
24.6%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
30.77
|
262.1
|
-44.2
|
-103.4
|
-
|
-
|
184.3
|
-34.92
|
123.1
|
88.22
|
312.4
|
Net margin
|
1.04%
|
12.4%
|
-2.82%
|
-6.87%
|
-
|
-
|
7.85%
|
-2.04%
|
5.26%
|
2.18%
|
18.24%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
9/3/21
|
11/24/21
|
4/13/22
|
6/3/22
|
9/2/22
|
9/2/22
|
11/24/22
|
6/2/23
|
9/1/23
|
9/1/23
|
11/22/23
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|
Net Debt
1 |
2,429
|
2,651
|
3,848
|
3,453
|
3,295
|
2,860
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.464
x
|
2.637
x
|
4.53
x
|
3.784
x
|
3.386
x
|
2.593
x
|
Free Cash Flow
1 |
442
|
62.1
|
495
|
652
|
316
|
842
|
ROE (net income / shareholders' equity)
|
-5.32%
|
16.9%
|
4.67%
|
18.5%
|
20.4%
|
26.9%
|
ROA (Net income/ Total Assets)
|
4.1%
|
5.22%
|
3.16%
|
3.69%
|
4.46%
|
5.73%
|
Assets
1 |
-2,160
|
5,453
|
2,551
|
6,744
|
6,039
|
6,373
|
Book Value Per Share
2 |
72.30
|
72.20
|
63.20
|
63.00
|
62.80
|
68.70
|
Cash Flow per Share
2 |
29.20
|
36.60
|
25.70
|
18.50
|
29.50
|
50.50
|
Capex
1 |
396
|
481
|
481
|
277
|
414
|
417
|
Capex / Sales
|
5.56%
|
7.51%
|
7.8%
|
4.18%
|
5.25%
|
4.8%
|
Announcement Date
|
3/26/19
|
3/26/20
|
4/15/21
|
4/13/22
|
4/13/23
|
4/11/24
|
Average target price
313
CZK Spread / Average Target +5.74% Consensus |
1st Jan change
|
Capi.
|
---|
| +7.25% | 269M | | +6.19% | 270B | | -4.28% | 43.31B | | +29.30% | 25.08B | | -4.44% | 16.72B | | +3.36% | 12.95B | | +17.14% | 12.57B | | +6.20% | 11.8B | | +21.29% | 10.61B | | +16.36% | 9.43B |
Other Non-Alcoholic Beverages
|