Financials Schoeller-Bleckmann Oilfield Equipment AG

Equities

SBO

AT0000946652

Oil Related Services and Equipment

Market Closed - Wiener Boerse 11:35:21 2024-07-12 am EDT 5-day change 1st Jan Change
36.75 EUR +1.94% Intraday chart for Schoeller-Bleckmann Oilfield Equipment AG -2.52% -16.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 802.5 489 486.8 915.5 695.2 579.2 - -
Enterprise Value (EV) 1 822.7 479.5 476.9 881 796.5 650.2 620.2 575.2
P/E ratio 24.8 x -22.5 x 23.3 x 12.2 x 9.71 x 7.69 x 6.55 x 6.24 x
Yield 2.39% - 2.42% 3.44% 4.52% 5.85% 5.95% 2.83%
Capitalization / Revenue 1.8 x 1.68 x 1.66 x 1.83 x 1.19 x 0.95 x 0.88 x 0.88 x
EV / Revenue 1.85 x 1.65 x 1.63 x 1.76 x 1.36 x 1.07 x 0.94 x 0.87 x
EV / EBITDA 7.53 x 17.7 x 7.95 x 6.82 x 6.07 x 4.78 x 3.87 x 3.44 x
EV / FCF 12.3 x 6.13 x 129 x 32.5 x 16.2 x 9.61 x 8.22 x 6.21 x
FCF Yield 8.1% 16.3% 0.77% 3.08% 6.16% 10.4% 12.2% 16.1%
Price to Book 2.17 x 1.7 x 1.43 x 2.15 x 1.55 x 1.18 x 1.04 x 0.96 x
Nbr of stocks (in thousands) 15,955 15,723 15,729 15,729 15,729 15,759 - -
Reference price 2 50.30 31.10 30.95 58.20 44.20 36.75 36.75 36.75
Announcement Date 3/18/20 3/18/21 3/17/22 3/16/23 3/20/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 445.3 291.2 292.8 501.2 585.9 609.5 656.8 660.5
EBITDA 1 109.2 27.1 60 129.1 131.3 136 160.2 167
EBIT 1 60.84 -27.96 28.2 96.18 102.3 103.5 125.4 135.6
Operating Margin 13.66% -9.6% 9.63% 19.19% 17.46% 16.98% 19.09% 20.52%
Earnings before Tax (EBT) 1 47.89 -31.2 23.4 93.34 94.21 98 119.8 120
Net income 1 32.33 -21.7 21 75.2 71.57 75 88.77 93
Net margin 7.26% -7.45% 7.17% 15% 12.22% 12.31% 13.52% 14.08%
EPS 2 2.030 -1.380 1.330 4.780 4.550 4.780 5.610 5.890
Free Cash Flow 1 66.65 78.21 3.688 27.1 49.05 67.67 75.42 92.63
FCF margin 14.97% 26.86% 1.26% 5.41% 8.37% 11.1% 11.48% 14.02%
FCF Conversion (EBITDA) 61.01% 288.59% 6.15% 20.99% 37.35% 49.75% 47.08% 55.47%
FCF Conversion (Net income) 206.15% - 17.56% 36.04% 68.53% 90.22% 84.97% 99.61%
Dividend per Share 2 1.200 - 0.7500 2.000 2.000 2.150 2.185 1.040
Announcement Date 3/18/20 3/18/21 3/17/22 3/16/23 3/20/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q2 2023 S1 2023 Q3
Net sales 1 84.5 100.5 122.2 222.7 138.5 140 147.4 294.7 142.6
EBITDA - - 37.4 60.9 - - - - -
EBIT 1 12.1 15.5 29.3 44.83 27.76 23.58 28.67 55.37 26.59
Operating Margin 14.32% 15.42% 23.98% 20.13% 20.04% 16.85% 19.46% 18.79% 18.65%
Earnings before Tax (EBT) - - 28.4 42.69 - - - - -
Net income - - 23 34.38 - - - - -
Net margin - - 18.82% 15.44% - - - - -
EPS - - 1.470 2.190 - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 3/17/22 5/19/22 8/17/22 8/17/22 11/24/22 3/16/23 8/24/23 8/24/23 11/22/23
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 20.1 - - - 101 71 41 -
Net Cash position 1 - 9.46 9.92 34.5 - - - 4
Leverage (Debt/EBITDA) 0.1842 x - - - 0.771 x 0.5221 x 0.2559 x -
Free Cash Flow 1 66.6 78.2 3.69 27.1 49 67.7 75.4 92.6
ROE (net income / shareholders' equity) 9.04% -6.6% 6.68% 19.6% 16.4% 15.3% 16.1% 15.4%
ROA (Net income/ Total Assets) 3.69% -2.63% 2.65% 8.8% - - - -
Assets 1 876.3 825.1 792.6 854.3 - - - -
Book Value Per Share 2 23.20 18.30 21.70 27.00 28.40 31.30 35.40 38.20
Cash Flow per Share 2 6.150 5.980 1.450 3.330 5.500 6.800 7.200 8.000
Capex 1 31.5 16.1 19.2 31 37.5 38.5 34.5 35.8
Capex / Sales 7.07% 5.54% 6.57% 6.18% 6.4% 6.32% 5.26% 5.43%
Announcement Date 3/18/20 3/18/21 3/17/22 3/16/23 3/20/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
36.75 EUR
Average target price
67.7 EUR
Spread / Average Target
+84.22%
Consensus

Quarterly revenue - Rate of surprise

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