Real-time Estimate
Tradegate
05:17:38 2024-07-12 am EDT
|
5-day change
|
1st Jan Change
|
186.2
EUR
|
0.00%
|
|
0.00%
|
0.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
143,620
|
127,680
|
147,329
|
112,276
|
162,380
|
216,068
|
-
|
-
|
Enterprise Value (EV)
1 |
154,503
|
136,688
|
151,243
|
116,785
|
160,588
|
213,522
|
209,074
|
203,231
|
P/E ratio
|
43
x
|
24.6
x
|
28
x
|
49.2
x
|
27
x
|
63.6
x
|
32.4
x
|
27.4
x
|
Yield
|
1.31%
|
1.73%
|
1.56%
|
2.13%
|
1.58%
|
1.2%
|
1.29%
|
1.42%
|
Capitalization / Revenue
|
5.2
x
|
4.67
x
|
5.29
x
|
3.64
x
|
5.2
x
|
6.37
x
|
5.74
x
|
5.14
x
|
EV / Revenue
|
5.59
x
|
5
x
|
5.43
x
|
3.78
x
|
5.15
x
|
6.3
x
|
5.55
x
|
4.83
x
|
EV / EBITDA
|
15.3
x
|
13.5
x
|
15.1
x
|
11.8
x
|
15.9
x
|
23.3
x
|
18.2
x
|
15.4
x
|
EV / FCF
|
67.9
x
|
22.8
x
|
30.2
x
|
26.9
x
|
29
x
|
56.4
x
|
25.5
x
|
21.7
x
|
FCF Yield
|
1.47%
|
4.39%
|
3.31%
|
3.72%
|
3.44%
|
1.77%
|
3.92%
|
4.61%
|
Price to Book
|
4.67
x
|
4.27
x
|
3.78
x
|
2.81
x
|
3.78
x
|
5.04
x
|
4.64
x
|
4.15
x
|
Nbr of stocks (in thousands)
|
1,193,650
|
1,190,824
|
1,179,579
|
1,164,814
|
1,164,184
|
1,158,788
|
-
|
-
|
Reference price
2 |
120.3
|
107.2
|
124.9
|
96.39
|
139.5
|
186.5
|
186.5
|
186.5
|
Announcement Date
|
1/28/20
|
1/29/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
27,634
|
27,343
|
27,842
|
30,871
|
31,207
|
33,905
|
37,657
|
42,077
|
EBITDA
1 |
10,083
|
10,114
|
10,005
|
9,929
|
10,094
|
9,164
|
11,482
|
13,237
|
EBIT
1 |
8,211
|
8,283
|
8,230
|
8,033
|
8,721
|
7,741
|
10,144
|
11,823
|
Operating Margin
|
29.71%
|
30.29%
|
29.56%
|
26.02%
|
27.95%
|
22.83%
|
26.94%
|
28.1%
|
Earnings before Tax (EBT)
1 |
4,618
|
7,218
|
6,850
|
3,092
|
5,292
|
4,584
|
8,727
|
10,591
|
Net income
1 |
3,337
|
5,280
|
5,383
|
1,714
|
5,928
|
3,463
|
6,446
|
7,755
|
Net margin
|
12.08%
|
19.31%
|
19.33%
|
5.55%
|
19%
|
10.21%
|
17.12%
|
18.43%
|
EPS
2 |
2.800
|
4.350
|
4.460
|
1.960
|
5.170
|
2.932
|
5.757
|
6.816
|
Free Cash Flow
1 |
2,276
|
6,000
|
5,010
|
4,348
|
5,530
|
3,789
|
8,196
|
9,368
|
FCF margin
|
8.24%
|
21.94%
|
17.99%
|
14.08%
|
17.72%
|
11.18%
|
21.76%
|
22.26%
|
FCF Conversion (EBITDA)
|
22.57%
|
59.32%
|
50.07%
|
43.79%
|
54.79%
|
41.35%
|
71.38%
|
70.77%
|
FCF Conversion (Net income)
|
68.2%
|
113.64%
|
93.07%
|
253.68%
|
93.29%
|
109.42%
|
127.15%
|
120.8%
|
Dividend per Share
2 |
1.580
|
1.850
|
1.950
|
2.050
|
2.200
|
2.240
|
2.414
|
2.644
|
Announcement Date
|
1/28/20
|
1/29/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
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 |
7,981
|
7,077
|
7,517
|
7,841
|
8,436
|
7,441
|
7,554
|
7,744
|
8,468
|
8,041
|
8,253
|
8,467
|
9,114
|
8,910
|
9,135
|
EBITDA
1 |
2,935
|
2,137
|
2,153
|
2,586
|
3,052
|
2,240
|
2,407
|
2,606
|
2,841
|
1,846
|
2,049
|
2,380
|
2,722
|
2,330
|
2,569
|
EBIT
1 |
2,468
|
1,677
|
1,680
|
2,094
|
2,581
|
1,875
|
2,058
|
2,278
|
2,510
|
1,533
|
1,762
|
2,065
|
2,424
|
2,273
|
2,320
|
Operating Margin
|
30.92%
|
23.7%
|
22.35%
|
26.71%
|
30.6%
|
25.2%
|
27.24%
|
29.42%
|
29.64%
|
19.06%
|
21.35%
|
24.39%
|
26.6%
|
25.51%
|
25.39%
|
Earnings before Tax (EBT)
1 |
1,960
|
945
|
538
|
850
|
759
|
677
|
1,093
|
1,761
|
1,761
|
-980
|
1,590
|
1,658
|
2,033
|
1,782
|
1,802
|
Net income
1 |
1,447
|
632
|
203
|
547
|
332
|
479
|
3,381
|
1,272
|
1,165
|
-828
|
1,147
|
1,291
|
1,606
|
1,264
|
1,376
|
Net margin
|
18.13%
|
8.93%
|
2.7%
|
6.98%
|
3.94%
|
6.44%
|
44.76%
|
16.43%
|
13.76%
|
-10.3%
|
13.9%
|
15.24%
|
17.63%
|
14.19%
|
15.06%
|
EPS
2 |
1.240
|
0.6300
|
0.2800
|
0.5700
|
0.4700
|
0.4100
|
2.930
|
1.080
|
1.010
|
-0.7100
|
0.9607
|
1.162
|
1.390
|
1.114
|
1.314
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.200
|
-
|
1.101
|
-
|
-
|
-
|
2.356
|
Announcement Date
|
1/27/22
|
4/22/22
|
7/21/22
|
10/25/22
|
1/26/23
|
4/21/23
|
7/20/23
|
10/18/23
|
1/23/24
|
4/22/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
10,883
|
9,008
|
3,914
|
4,509
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
1,792
|
2,546
|
6,993
|
12,836
|
Leverage (Debt/EBITDA)
|
1.079
x
|
0.8906
x
|
0.3912
x
|
0.4541
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,276
|
6,000
|
5,010
|
4,348
|
5,530
|
3,789
|
8,196
|
9,368
|
ROE (net income / shareholders' equity)
|
20.5%
|
21.1%
|
24.3%
|
11.5%
|
14%
|
12%
|
15.8%
|
17%
|
ROA (Net income/ Total Assets)
|
10.9%
|
10.8%
|
12.9%
|
6.35%
|
8.32%
|
5.07%
|
8.27%
|
9.34%
|
Assets
1 |
30,541
|
49,020
|
41,822
|
27,003
|
71,235
|
68,329
|
77,925
|
82,988
|
Book Value Per Share
2 |
25.80
|
25.10
|
33.00
|
34.30
|
36.90
|
37.00
|
40.20
|
44.90
|
Cash Flow per Share
2 |
2.930
|
6.090
|
5.260
|
4.810
|
5.350
|
4.060
|
7.730
|
9.220
|
Capex
1 |
817
|
816
|
825
|
874
|
785
|
942
|
1,020
|
1,108
|
Capex / Sales
|
2.96%
|
2.98%
|
2.96%
|
2.83%
|
2.52%
|
2.78%
|
2.71%
|
2.63%
|
Announcement Date
|
1/28/20
|
1/29/21
|
1/27/22
|
1/26/23
|
1/23/24
|
-
|
-
|
-
|
Last Close Price
186.5
EUR Average target price
195.7
EUR Spread / Average Target +4.96% Consensus |
1st Jan change
|
Capi.
|
---|
| +35.41% | 393B | | +6.04% | 154B | | +24.63% | 63.69B | | +34.67% | 38.73B | | -15.64% | 24.96B | | +115.09% | 24.1B | | +26.43% | 22.08B | | +5.73% | 13.74B | | -9.47% | 13.59B |
Enterprise Software
|