Real-time Estimate
Tradegate
05:32:03 2024-06-27 am EDT
|
5-day change
|
1st Jan Change
|
34.17
EUR
|
+3.42%
|
|
+1.65%
|
+10.93%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,404,405
|
1,127,850
|
1,285,440
|
1,390,500
|
1,436,850
|
1,812,903
|
-
|
-
|
Enterprise Value (EV)
1 |
1,468,209
|
1,163,346
|
1,274,132
|
1,312,618
|
1,339,526
|
1,725,428
|
1,711,845
|
1,657,352
|
P/E ratio
|
20.4
x
|
21.6
x
|
18.7
x
|
16.9
x
|
17.4
x
|
19.5
x
|
17.4
x
|
16.6
x
|
Yield
|
1.72%
|
2.14%
|
1.88%
|
1.78%
|
1.72%
|
1.98%
|
2.2%
|
2.34%
|
Capitalization / Revenue
|
1.08
x
|
0.96
x
|
1.01
x
|
0.96
x
|
0.9
x
|
1.07
x
|
1.03
x
|
1
x
|
EV / Revenue
|
1.13
x
|
0.99
x
|
1
x
|
0.91
x
|
0.84
x
|
1.02
x
|
0.97
x
|
0.91
x
|
EV / EBITDA
|
7.94
x
|
6.97
x
|
6.78
x
|
6.24
x
|
6.24
x
|
7.29
x
|
6.6
x
|
6.15
x
|
EV / FCF
|
13.2
x
|
16
x
|
12.5
x
|
12.1
x
|
16.6
x
|
31.4
x
|
20.4
x
|
13.5
x
|
FCF Yield
|
7.57%
|
6.26%
|
8.01%
|
8.24%
|
6.01%
|
3.19%
|
4.9%
|
7.42%
|
Price to Book
|
1.86
x
|
1.44
x
|
1.49
x
|
1.44
x
|
1.32
x
|
1.58
x
|
1.51
x
|
1.43
x
|
Nbr of stocks (in thousands)
|
309,000
|
309,000
|
309,000
|
309,000
|
309,000
|
309,000
|
-
|
-
|
Reference price
2 |
4,545
|
3,650
|
4,160
|
4,500
|
4,650
|
5,867
|
5,867
|
5,867
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/14/22
|
2/13/23
|
2/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,299,385
|
1,178,137
|
1,268,900
|
1,450,397
|
1,591,722
|
1,696,345
|
1,765,970
|
1,816,129
|
EBITDA
1 |
184,983
|
166,829
|
187,944
|
210,479
|
214,805
|
236,636
|
259,423
|
269,471
|
EBIT
1 |
113,948
|
96,177
|
118,600
|
139,688
|
141,726
|
158,823
|
177,088
|
186,022
|
Operating Margin
|
8.77%
|
8.16%
|
9.35%
|
9.63%
|
8.9%
|
9.36%
|
10.03%
|
10.24%
|
Earnings before Tax (EBT)
1 |
112,186
|
94,168
|
117,052
|
139,291
|
141,781
|
157,779
|
175,973
|
186,761
|
Net income
1 |
68,888
|
52,212
|
68,700
|
82,317
|
82,743
|
92,843
|
104,035
|
109,212
|
Net margin
|
5.3%
|
4.43%
|
5.41%
|
5.68%
|
5.2%
|
5.47%
|
5.89%
|
6.01%
|
EPS
2 |
222.9
|
169.0
|
222.2
|
266.4
|
267.8
|
300.5
|
336.6
|
353.4
|
Free Cash Flow
1 |
111,214
|
72,802
|
102,058
|
108,114
|
80,494
|
54,963
|
83,964
|
123,054
|
FCF margin
|
8.56%
|
6.18%
|
8.04%
|
7.45%
|
5.06%
|
3.24%
|
4.75%
|
6.78%
|
FCF Conversion (EBITDA)
|
60.12%
|
43.64%
|
54.3%
|
51.37%
|
37.47%
|
23.23%
|
32.37%
|
45.67%
|
FCF Conversion (Net income)
|
161.44%
|
139.44%
|
148.56%
|
131.34%
|
97.28%
|
59.2%
|
80.71%
|
112.68%
|
Dividend per Share
2 |
78.00
|
78.00
|
78.00
|
80.00
|
80.00
|
116.3
|
129.3
|
137.2
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/14/22
|
2/13/23
|
2/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
552,529
|
-
|
603,835
|
327,100
|
-
|
296,010
|
382,999
|
679,009
|
402,385
|
369,003
|
771,388
|
337,200
|
411,935
|
749,135
|
444,300
|
398,321
|
842,587
|
371,700
|
446,482
|
819,800
|
466,890
|
419,005
|
874,100
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
35,176
|
-
|
39,109
|
76,352
|
-
|
53,357
|
51,581
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
35,712
|
-
|
60,401
|
18,200
|
-
|
21,624
|
58,746
|
80,370
|
34,588
|
24,730
|
59,318
|
26,400
|
42,431
|
68,831
|
47,900
|
24,955
|
72,895
|
33,900
|
47,808
|
80,076
|
50,600
|
28,357
|
78,124
|
-
|
-
|
Operating Margin
|
-
|
6.46%
|
-
|
10%
|
5.56%
|
-
|
7.31%
|
15.34%
|
11.84%
|
8.6%
|
6.7%
|
7.69%
|
7.83%
|
10.3%
|
9.19%
|
10.78%
|
6.27%
|
8.65%
|
9.12%
|
10.71%
|
9.77%
|
10.84%
|
6.77%
|
8.94%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
35,113
|
-
|
59,343
|
17,652
|
-
|
21,490
|
58,716
|
80,206
|
34,624
|
24,461
|
-
|
26,514
|
42,847
|
69,361
|
48,126
|
-
|
-
|
34,651
|
52,200
|
-
|
49,000
|
26,800
|
-
|
-
|
-
|
Net income
1 |
-
|
20,922
|
-
|
32,159
|
9,300
|
-
|
12,351
|
36,383
|
48,734
|
19,286
|
14,297
|
-
|
14,600
|
23,776
|
38,376
|
28,800
|
15,574
|
-
|
20,300
|
28,249
|
-
|
30,229
|
16,045
|
-
|
-
|
-
|
Net margin
|
-
|
3.79%
|
-
|
5.33%
|
2.84%
|
-
|
4.17%
|
9.5%
|
7.18%
|
4.79%
|
3.87%
|
-
|
4.33%
|
5.77%
|
5.12%
|
6.48%
|
3.91%
|
-
|
5.46%
|
6.33%
|
-
|
6.47%
|
3.83%
|
-
|
-
|
-
|
EPS
2 |
-
|
67.71
|
-
|
104.1
|
29.99
|
-
|
39.97
|
118.0
|
157.7
|
62.41
|
46.27
|
-
|
47.21
|
76.98
|
124.2
|
93.19
|
50.40
|
-
|
65.55
|
89.75
|
-
|
96.18
|
52.36
|
-
|
-
|
-
|
Dividend per Share
2 |
39.00
|
39.00
|
39.00
|
39.00
|
39.00
|
39.00
|
-
|
-
|
39.00
|
-
|
-
|
-
|
-
|
-
|
40.00
|
-
|
40.00
|
-
|
-
|
61.50
|
-
|
-
|
61.50
|
-
|
-
|
67.00
|
Announcement Date
|
2/13/20
|
8/5/20
|
2/9/21
|
8/12/21
|
2/14/22
|
2/14/22
|
5/12/22
|
8/9/22
|
8/9/22
|
11/11/22
|
2/13/23
|
2/13/23
|
5/11/23
|
8/9/23
|
8/9/23
|
11/10/23
|
2/15/24
|
2/15/24
|
5/13/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
63,804
|
35,496
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
11,308
|
77,882
|
97,324
|
87,475
|
101,058
|
155,551
|
Leverage (Debt/EBITDA)
|
0.3449
x
|
0.2128
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
111,214
|
72,802
|
102,058
|
108,114
|
80,494
|
54,963
|
83,964
|
123,054
|
ROE (net income / shareholders' equity)
|
9.4%
|
6.8%
|
8.4%
|
9%
|
8.1%
|
8.35%
|
8.87%
|
8.9%
|
ROA (Net income/ Total Assets)
|
7.2%
|
6%
|
7.2%
|
8.05%
|
7.67%
|
5.9%
|
6.35%
|
6.48%
|
Assets
1 |
956,778
|
870,926
|
954,088
|
1,022,462
|
1,078,419
|
1,573,604
|
1,638,342
|
1,686,665
|
Book Value Per Share
2 |
2,448
|
2,530
|
2,785
|
3,124
|
3,519
|
3,720
|
3,883
|
4,101
|
Cash Flow per Share
2 |
453.0
|
398.0
|
447.0
|
496.0
|
504.0
|
565.0
|
621.0
|
666.0
|
Capex
1 |
58,815
|
62,485
|
56,122
|
60,228
|
79,236
|
138,800
|
103,000
|
74,600
|
Capex / Sales
|
4.53%
|
5.3%
|
4.42%
|
4.15%
|
4.98%
|
8.18%
|
5.83%
|
4.11%
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/14/22
|
2/13/23
|
2/15/24
|
-
|
-
|
-
|
Last Close Price
5,867
JPY Average target price
6,255
JPY Spread / Average Target +6.61% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.06% | 46.58B | | +31.38% | 24.99B | | -4.14% | 16.57B | | +3.74% | 13.18B | | +18.79% | 12.6B | | +4.54% | 11.2B | | +14.46% | 9.96B | | +50.62% | 5.94B | | -11.26% | 4.13B |
Other Non-Alcoholic Beverages
|