Financials SQLI

Equities

Real-time Euronext Paris Other stock markets 05:31:42 2024-07-03 am EDT			5-day change	1st Jan Change
40.8 ^EUR	+0.49%		+0.99%	-5.99%

Jun. 04	Fpt Software Partners with Sqli, Transforming Air Travel Experience with Technology	CI
Apr. 08	SQLI: sale of its Aston subsidiary to Talis Éducation	CF

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	111.4	89.65	140.6	201.2	200.4	187.7	-
Enterprise Value (EV) ¹	126	105.3	157	206.2	200.4	190.8	179.1
P/E ratio	23.3 x	493 x	26.6 x	26.2 x	42.5 x	16 x	12.6 x
Yield	-	-	-	-	-	1.97%	1.97%
Capitalization / Revenue	0.47 x	0.42 x	0.62 x	0.82 x	0.8 x	0.71 x	0.68 x
EV / Revenue	0.53 x	0.49 x	0.7 x	0.84 x	0.8 x	0.73 x	0.65 x
EV / EBITDA	5.3 x	11.7 x	10.3 x	9.04 x	6.55 x	5.24 x	4.56 x
EV / FCF	38.6 x	4.56 x	11.6 x	8.29 x	-	8.79 x	7.19 x
FCF Yield	2.59%	21.9%	8.62%	12.1%	-	11.4%	13.9%
Price to Book	1.18 x	0.95 x	1.39 x	1.82 x	-	1.63 x	1.48 x
Nbr of stocks (in thousands)	4,549	4,551	4,566	4,574	4,618	4,624	-
Reference price ²	24.50	19.70	30.80	44.00	43.40	40.60	40.60
Announcement Date	3/24/20	3/10/21	3/10/22	3/9/23	3/14/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	238.7	213.7	225.4	245.9	251.2	263	276
EBITDA ¹	23.8	9	15.2	22.8	30.6	36.4	39.3
EBIT ¹	13.2	7.2	13.1	21.5	20.6	23.5	26.4
Operating Margin	5.53%	3.37%	5.81%	8.74%	8.2%	8.94%	9.57%
Earnings before Tax (EBT)	-	4.8	-	-	-	-	-
Net income ¹	4.7	0.2	5.3	7.7	4.8	11.7	14.9
Net margin	1.97%	0.09%	2.35%	3.13%	1.91%	4.45%	5.4%
EPS ²	1.050	0.0400	1.160	1.680	1.020	2.530	3.220
Free Cash Flow ¹	3.264	23.11	13.54	24.86	-	21.7	24.9
FCF margin	1.37%	10.82%	6.01%	10.11%	-	8.25%	9.02%
FCF Conversion (EBITDA)	13.71%	256.82%	89.07%	109.06%	-	59.62%	63.36%
FCF Conversion (Net income)	69.45%	11,557%	255.43%	322.92%	-	185.47%	167.11%
Dividend per Share ²	-	-	-	-	-	0.8000	0.8000
Announcement Date	3/24/20	3/10/21	3/10/22	3/9/23	3/14/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	14.6	15.7	16.4	4.96	-	3.1	-
Net Cash position ¹	-	-	-	-	-	-	8.6
Leverage (Debt/EBITDA)	0.6133 x	1.741 x	1.08 x	0.2177 x	-	0.0852 x	-
Free Cash Flow ¹	3.26	23.1	13.5	24.9	-	21.7	24.9
ROE (net income / shareholders' equity)	5.17%	0.21%	5.43%	7.27%	-	10.6%	12.4%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	20.80	20.80	22.10	24.20	-	25.00	27.40
Cash Flow per Share	-	5.450	-	-	-	-	-
Capex ¹	2.89	1.8	-	3.42	-	2.1	2
Capex / Sales	1.21%	0.84%	-	1.39%	-	0.8%	0.72%
Announcement Date	3/24/20	3/10/21	3/10/22	3/9/23	3/14/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

40.6 EUR

Average target price

44.3 EUR

Spread / Average Target

+9.11%

	1st Jan change	Capi.
SQLI	-5.99%	202M
ACCENTURE PLC	-13.42%	190B
TATA CONSULTANCY SERVICES LTD.	+4.53%	174B
IBM	+8.41%	163B
AUTOMATIC DATA PROCESSING, INC.	+1.57%	96.85B
CROWDSTRIKE HOLDINGS, INC.	+50.81%	93.71B
RELX PLC	+15.24%	84.42B
INFOSYS LIMITED	+5.48%	80.43B
SNOWFLAKE INC.	-28.68%	47.52B
HCL TECHNOLOGIES LIMITED	+1.02%	48.04B