Financials Oeneo

Equities

Market Closed - Euronext Paris Other stock markets 11:35:17 2024-06-07 am EDT			5-day change	1st Jan Change
10.65 ^EUR	-0.47%		-9.36%	-17.44%

2023	Oeneo SA Reports Earnings Results for the Half Year Ended September 30, 2023	CI
2023	Oeneo SA Reports Earnings Results for the Full Year Ended March 31, 2023	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	599.3	712.3	719.4	875.2	894.4	689	-	-
Enterprise Value (EV) ¹	659.6	766.6	724.5	883.2	924.2	752.3	747.7	745.7
P/E ratio	23.5 x	25.6 x	23.1 x	23.7 x	21.9 x	23.7 x	21.7 x	19.2 x
Yield	1.59%	-	1.8%	2.22%	2.54%	2.49%	2.54%	4.37%
Capitalization / Revenue	2.23 x	2.45 x	2.64 x	2.68 x	2.57 x	2.25 x	2.19 x	2.05 x
EV / Revenue	2.46 x	2.64 x	2.66 x	2.71 x	2.65 x	2.46 x	2.38 x	2.22 x
EV / EBITDA	12.7 x	13.1 x	11.7 x	12.5 x	12.4 x	12.3 x	11.5 x	10.5 x
EV / FCF	-162 x	47.5 x	13.6 x	43.5 x	42.5 x	51.5 x	31.7 x	34.9 x
FCF Yield	-0.62%	2.11%	7.37%	2.3%	2.35%	1.94%	3.16%	2.86%
Price to Book	2.6 x	2.49 x	-	-	-	2.13 x	2.01 x	1.88 x
Nbr of stocks (in thousands)	63,691	64,753	64,809	64,735	64,811	64,691	-	-
Reference price ²	9.410	11.00	11.10	13.52	13.80	10.65	10.65	10.65
Announcement Date	6/13/19	6/11/20	6/23/21	6/14/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	268.2	290.3	272.8	326	348.2	305.7	314.4	336
EBITDA ¹	52.04	58.62	61.68	70.8	74.37	61.35	65.25	71.35
EBIT ¹	40.46	44.27	46	54	54.64	42.2	45.6	50.65
Operating Margin	15.09%	15.25%	16.86%	16.56%	15.69%	13.8%	14.51%	15.07%
Earnings before Tax (EBT)	37.64	-	-	-	-	-	-	-
Net income ¹	25.35	28.33	31.52	37.15	41.16	29.1	31.9	36.2
Net margin	9.45%	9.76%	11.55%	11.4%	11.82%	9.52%	10.15%	10.77%
EPS ²	0.4000	0.4300	0.4800	0.5700	0.6300	0.4500	0.4900	0.5550
Free Cash Flow ¹	-4.079	16.15	53.39	20.3	21.74	14.6	23.6	21.35
FCF margin	-1.52%	5.56%	19.57%	6.23%	6.24%	4.78%	7.51%	6.35%
FCF Conversion (EBITDA)	-	27.55%	86.55%	28.67%	29.23%	23.8%	36.17%	29.92%
FCF Conversion (Net income)	-	57.01%	169.39%	54.65%	52.81%	50.17%	73.98%	58.98%
Dividend per Share ²	0.1500	-	0.2000	0.3000	0.3500	0.2650	0.2700	0.4650
Announcement Date	6/13/19	6/11/20	6/23/21	6/14/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	60.2	54.3	5.11	7.94	29.8	63.3	58.7	56.7
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.157 x	0.9259 x	0.0828 x	0.1122 x	0.4011 x	1.032 x	0.8996 x	0.7947 x
Free Cash Flow ¹	-4.08	16.2	53.4	20.3	21.7	14.6	23.6	21.4
ROE (net income / shareholders' equity)	10.4%	10.4%	10.4%	11.3%	12.1%	8.95%	9.35%	10.1%
ROA (Net income/ Total Assets)	-	-	-	-	8.31%	6.2%	6.7%	7.1%
Assets ¹	-	-	-	-	495.2	469.4	476.1	509.9
Book Value Per Share ²	3.620	4.410	-	-	-	5.000	5.300	5.670
Cash Flow per Share ²	0.6800	0.5500	0.7400	0.8700	0.9800	0.7500	0.8000	0.9000
Capex ¹	11.3	18.5	-	-	19.3	22.5	23.4	21.8
Capex / Sales	4.21%	6.36%	-	-	5.54%	7.36%	7.44%	6.49%
Announcement Date	6/13/19	6/11/20	6/23/21	6/14/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

10.65 EUR

Average target price

12.4 EUR

Spread / Average Target

+16.43%

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