Financials Mondi plc

Equities

MNDI

GB00BMWC6P49

Paper Packaging

Real-time Estimate Cboe Europe 09:43:44 2024-07-16 am EDT 5-day change 1st Jan Change
1,576 GBX +0.19% Intraday chart for Mondi plc +2.71% -6.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,161 9,325 10,534 7,722 8,596 8,250 - -
Enterprise Value (EV) 1 12,368 11,116 12,285 7,722 9,015 9,722 9,737 9,591
P/E ratio 12.5 x 16 x 13.9 x 5.32 x -61.9 x 17.3 x 12.1 x 10.9 x
Yield 3.96% 3.12% 2.99% - 3.59% 3.57% 4.12% 4.63%
Capitalization / Revenue 1.4 x 1.4 x 1.36 x 0.87 x 1.17 x 1.1 x 1.02 x 0.97 x
EV / Revenue 1.7 x 1.67 x 1.59 x 0.87 x 1.23 x 1.3 x 1.21 x 1.13 x
EV / EBITDA 7.46 x 8.22 x 8.17 x 4.18 x 7.51 x 8.41 x 6.69 x 6 x
EV / FCF 19.6 x 16.2 x 21.3 x - 17 x 84.9 x 34.6 x 20.4 x
FCF Yield 5.1% 6.19% 4.7% - 5.87% 1.18% 2.89% 4.9%
Price to Book 2.53 x 2.33 x 2.34 x - 1.67 x 1.63 x 1.53 x 1.43 x
Nbr of stocks (in thousands) 440,675 440,600 440,824 440,928 440,913 440,848 - -
Reference price 2 23.06 21.16 23.90 17.51 19.50 18.71 18.71 18.71
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,268 6,663 7,723 8,902 7,330 7,481 8,060 8,484
EBITDA 1 1,658 1,353 1,503 1,848 1,201 1,156 1,456 1,598
EBIT 1 1,223 925 1,064 1,443 790 724.7 1,004 1,134
Operating Margin 16.83% 13.88% 13.78% 16.21% 10.78% 9.69% 12.45% 13.37%
Earnings before Tax (EBT) 1 1,103 770 983 1,560 682 600.1 863.2 924
Net income 1 812 582 756 1,452 -153 480 680.5 754.8
Net margin 11.17% 8.73% 9.79% 16.31% -2.09% 6.42% 8.44% 8.9%
EPS 2 1.844 1.320 1.714 3.291 -0.3150 1.079 1.550 1.710
Free Cash Flow 1 631 688 577 - 529 114.5 281.5 470
FCF margin 8.68% 10.33% 7.47% - 7.22% 1.53% 3.49% 5.54%
FCF Conversion (EBITDA) 38.06% 50.85% 38.39% - 44.05% 9.91% 19.33% 29.4%
FCF Conversion (Net income) 77.71% 118.21% 76.32% - - 23.85% 41.37% 62.27%
Dividend per Share 2 0.9130 0.6600 0.7150 - 0.7000 0.6676 0.7708 0.8659
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 S1 2022 S2 2023 Q1 2023 S1 2023 S2 2024 Q2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 3,497 3,452 3,211 3,627 - - 4,096 4,505 4,397 - 3,881 3,449 - 3,676 3,747 3,934 4,106
EBITDA 1 764 738 615 709 388 406 794 942 906 351 680 521 239 515.5 625.5 672 740
EBIT 544 524 401 497 - - 567 748 695 - 481 309 - 300.5 404 437 501
Operating Margin 15.56% 15.18% 12.49% 13.7% - - 13.84% 16.6% 15.81% - 12.39% 8.96% - 8.17% 10.78% 11.11% 12.2%
Earnings before Tax (EBT) - - 304 461 - - 522 933 627 - 418 264 - 254 337 382 445
Net income - - 233 348 - - 408 627 825 - - - - - - - -
Net margin - - 7.26% 9.59% - - 9.96% 13.92% 18.76% - - - - - - - -
EPS 0.7909 - 0.5324 0.7887 - - 0.9251 1.421 - - 1.021 - - 0.2940 - - -
Dividend per Share 0.6129 0.2090 0.4510 0.2200 - - 0.4950 0.2384 - - 0.2566 0.4434 - 0.2330 0.4670 - -
Announcement Date 2/27/20 8/6/20 2/25/21 8/5/21 12/3/21 3/3/22 3/3/22 8/4/22 2/23/23 5/3/23 8/3/23 2/22/24 - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,207 1,791 1,751 - 419 1,473 1,488 1,341
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.331 x 1.324 x 1.165 x - 0.3489 x 1.274 x 1.022 x 0.8389 x
Free Cash Flow 1 631 688 577 - 529 115 282 470
ROE (net income / shareholders' equity) 22.1% 15.6% 17.6% - 9.14% 8.76% 12.7% 13.6%
ROA (Net income/ Total Assets) 10% 7.42% 8.48% - -1.47% 5.18% 7.16% 7.69%
Assets 1 8,121 7,847 8,920 - 10,405 9,272 9,506 9,819
Book Value Per Share 2 9.110 9.080 10.20 - 11.70 11.50 12.20 13.10
Cash Flow per Share 2 3.150 2.940 2.610 - 2.800 1.850 2.430 2.510
Capex 1 757 630 573 - 830 887 728 698
Capex / Sales 10.42% 9.46% 7.42% - 11.32% 11.86% 9.03% 8.23%
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
18.71 EUR
Average target price
19.47 EUR
Spread / Average Target
+4.03%
Consensus