Market Closed -
Euronext Bruxelles
11:35:07 2024-07-05 am EDT
|
After market
04:00:00 pm
|
9,820
EUR
|
+1.55%
|
|
9,830
|
+0.10%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,093
|
2,982
|
4,538
|
5,124
|
6,679
|
7,849
|
-
|
-
|
Enterprise Value (EV)
1 |
2,255
|
3,112
|
4,620
|
5,314
|
6,838
|
7,965
|
7,929
|
7,840
|
P/E ratio
|
27.9
x
|
36.1
x
|
50.1
x
|
49.7
x
|
51.7
x
|
53.8
x
|
48.3
x
|
43.5
x
|
Yield
|
1.24%
|
0.96%
|
0.72%
|
0.71%
|
0.7%
|
0.65%
|
0.73%
|
0.81%
|
Capitalization / Revenue
|
3.42
x
|
4.5
x
|
6.05
x
|
5.84
x
|
6.28
x
|
6.69
x
|
6.09
x
|
5.55
x
|
EV / Revenue
|
3.68
x
|
4.69
x
|
6.16
x
|
6.06
x
|
6.43
x
|
6.79
x
|
6.15
x
|
5.55
x
|
EV / EBITDA
|
18.2
x
|
22.9
x
|
30.6
x
|
31.3
x
|
32.9
x
|
34.6
x
|
31
x
|
27.8
x
|
EV / FCF
|
-
|
-
|
68.2
x
|
-432
x
|
76.9
x
|
78.2
x
|
72.1
x
|
57
x
|
FCF Yield
|
-
|
-
|
1.47%
|
-0.23%
|
1.3%
|
1.28%
|
1.39%
|
1.75%
|
Price to Book
|
5.19
x
|
6.88
x
|
8.74
x
|
8.96
x
|
10.2
x
|
10.6
x
|
9.22
x
|
8.03
x
|
Nbr of stocks (in thousands)
|
808
|
810
|
812
|
811
|
812
|
811.7
|
-
|
-
|
Reference price
2 |
2,590
|
3,680
|
5,590
|
6,320
|
8,230
|
9,670
|
9,670
|
9,670
|
Announcement Date
|
2/10/20
|
2/8/21
|
2/7/22
|
2/7/23
|
2/5/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
612.7
|
663.3
|
750.3
|
877.5
|
1,063
|
1,174
|
1,289
|
1,413
|
EBITDA
1 |
123.6
|
135.7
|
151
|
169.9
|
207.5
|
230.1
|
256.2
|
282.3
|
EBIT
1 |
102.9
|
111.1
|
123.8
|
140.2
|
173
|
191.3
|
213.2
|
236
|
Operating Margin
|
16.79%
|
16.75%
|
16.5%
|
15.98%
|
16.27%
|
16.3%
|
16.54%
|
16.7%
|
Earnings before Tax (EBT)
1 |
98.09
|
103.5
|
117.3
|
134
|
167.9
|
188.3
|
209.3
|
237.4
|
Net income
1 |
74.91
|
82.59
|
90.77
|
103.2
|
129.3
|
146.1
|
163
|
182.6
|
Net margin
|
12.23%
|
12.45%
|
12.1%
|
11.77%
|
12.16%
|
12.45%
|
12.65%
|
12.92%
|
EPS
2 |
92.90
|
101.8
|
111.6
|
127.1
|
159.1
|
179.8
|
200.0
|
222.5
|
Free Cash Flow
1 |
-
|
-
|
67.78
|
-12.3
|
88.92
|
101.8
|
109.9
|
137.5
|
FCF margin
|
-
|
-
|
9.03%
|
-1.4%
|
8.37%
|
8.68%
|
8.52%
|
9.73%
|
FCF Conversion (EBITDA)
|
-
|
-
|
44.9%
|
-
|
42.85%
|
44.26%
|
42.9%
|
48.72%
|
FCF Conversion (Net income)
|
-
|
-
|
74.67%
|
-
|
68.79%
|
69.68%
|
67.41%
|
75.3%
|
Dividend per Share
2 |
32.00
|
35.50
|
40.00
|
45.00
|
58.00
|
62.92
|
70.51
|
78.00
|
Announcement Date
|
2/10/20
|
2/8/21
|
2/7/22
|
2/7/23
|
2/5/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
365.2
|
385
|
416.8
|
460.7
|
501.1
|
561.8
|
EBITDA
|
-
|
73.62
|
-
|
-
|
-
|
-
|
EBIT
1 |
64.46
|
59.34
|
-
|
-
|
-
|
94.54
|
Operating Margin
|
17.65%
|
15.41%
|
-
|
-
|
-
|
16.83%
|
Earnings before Tax (EBT)
|
-
|
55.64
|
-
|
-
|
-
|
-
|
Net income
|
-
|
43
|
51.08
|
-
|
59.19
|
-
|
Net margin
|
-
|
11.17%
|
12.26%
|
-
|
11.81%
|
-
|
EPS
|
-
|
-
|
62.87
|
-
|
72.88
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/16/21
|
2/7/22
|
8/12/22
|
2/7/23
|
8/11/23
|
2/5/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
162
|
130
|
81.8
|
190
|
159
|
116
|
79.8
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
9.44
|
Leverage (Debt/EBITDA)
|
1.312
x
|
0.9593
x
|
0.542
x
|
1.117
x
|
0.7674
x
|
0.5027
x
|
0.3115
x
|
-
|
Free Cash Flow
1 |
-
|
-
|
67.8
|
-12.3
|
88.9
|
102
|
110
|
138
|
ROE (net income / shareholders' equity)
|
20%
|
19.8%
|
19%
|
18.9%
|
21%
|
20.3%
|
20.1%
|
19.6%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
499.0
|
535.0
|
640.0
|
706.0
|
808.0
|
910.0
|
1,049
|
1,204
|
Cash Flow per Share
2 |
103.0
|
126.0
|
135.0
|
136.0
|
190.0
|
234.0
|
271.0
|
323.0
|
Capex
1 |
-
|
-
|
42
|
123
|
65.5
|
90.5
|
92.5
|
83.3
|
Capex / Sales
|
-
|
-
|
5.6%
|
14.03%
|
6.16%
|
7.71%
|
7.17%
|
5.9%
|
Announcement Date
|
2/10/20
|
2/8/21
|
2/7/22
|
2/7/23
|
2/5/24
|
-
|
-
|
-
|
Last Close Price
9,670
EUR Average target price
8,842
EUR Spread / Average Target -8.56% Consensus |
1st Jan change
|
Capi.
|
---|
| +18.23% | 8.49B | | -26.38% | 15.23B | | -2.58% | 4.63B | | -0.09% | 4.08B | | -2.41% | 3.33B | | +6.51% | 1.82B | | -34.46% | 1.1B | | -45.38% | 612M | | +16.69% | 519M | | -20.13% | 481M |
Bread & Bakery Product Manufacturing
|