ICADE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.32 EUR | +1.29% |
|
+2.31% | -20.32% |
| May. 24 | Icade: bond buyback offer finalized | CF |
| May. 24 | Icade to Repurchase EUR350 Million Notes Following Cash Tender Offer | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,172 | 4,650 | 4,776 | 3,044 | 2,693 | 2,146 | - | - |
| Enterprise Value (EV) 1 | 13,299 | 11,160 | 11,709 | 9,921 | 6,141 | 5,473 | 5,389 | 4,913 |
| P/E ratio | 23.9 x | 191 x | 11.8 x | 56.4 x | -2.15 x | -43.6 x | 27.5 x | 10.3 x |
| Yield | 4.96% | 6.38% | 6.66% | 10.8% | 13.6% | 17.1% | 11.4% | 11.6% |
| Capitalization / Revenue | 4.71 x | 3.23 x | 2.88 x | 1.68 x | 1.76 x | 1.47 x | 1.4 x | 1.35 x |
| EV / Revenue | 8.73 x | 7.75 x | 7.05 x | 5.46 x | 4.02 x | 3.74 x | 3.52 x | 3.08 x |
| EV / EBITDA | 22.7 x | 19.5 x | 18.7 x | 15.3 x | 21.7 x | 18.2 x | 16.6 x | 13.8 x |
| EV / FCF | -31,899,664 x | 93,390,254 x | -23,531,189 x | -42,359,249 x | 4,659,530 x | - | - | - |
| FCF Yield | -0% | 0% | -0% | -0% | 0% | - | - | - |
| Price to Book | 2.26 x | 1.63 x | 0.71 x | 0.46 x | 0.54 x | 0.48 x | 0.52 x | 0.54 x |
| Nbr of stocks (in thousands) | 73,902 | 73,932 | 75,691 | 75,652 | 75,770 | 75,778 | - | - |
| Reference price 2 | 97.05 | 62.90 | 63.10 | 40.24 | 35.54 | 28.32 | 28.32 | 28.32 |
| Announcement Date | 2/17/20 | 2/22/21 | 2/21/22 | 2/20/23 | 2/19/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,523 | 1,440 | 1,661 | 1,816 | 1,528 | 1,465 | 1,531 | 1,595 |
| EBITDA 1 | 586.1 | 573.7 | 625.5 | 650.3 | 283 | 301.5 | 325 | 356.6 |
| EBIT 1 | 450.9 | 184 | 800.6 | 382.5 | 270.1 | 309.8 | 318.2 | 325 |
| Operating Margin | 29.61% | 12.78% | 48.2% | 21.07% | 17.68% | 21.15% | 20.78% | 20.37% |
| Earnings before Tax (EBT) 1 | 343.9 | 65.4 | 644.7 | 248.4 | -1,338 | -147 | 136.1 | 357.3 |
| Net income 1 | 300.2 | 24.2 | 400.1 | 54.1 | -1,250 | -59.9 | 132.9 | 246.8 |
| Net margin | 19.71% | 1.68% | 24.09% | 2.98% | -81.85% | -4.09% | 8.68% | 15.47% |
| EPS 2 | 4.060 | 0.3300 | 5.328 | 0.7136 | -16.50 | -0.6498 | 1.029 | 2.751 |
| Free Cash Flow | -416.9 | 119.5 | -497.6 | -234.2 | 1,318 | - | - | - |
| FCF margin | -27.38% | 8.3% | -29.96% | -12.9% | 86.28% | - | - | - |
| FCF Conversion (EBITDA) | - | 20.83% | - | - | 465.72% | - | - | - |
| FCF Conversion (Net income) | - | 493.8% | - | - | - | - | - | - |
| Dividend per Share 2 | 4.810 | 4.010 | 4.200 | 4.330 | 4.840 | 4.857 | 3.233 | 3.285 |
| Announcement Date | 2/17/20 | 2/22/21 | 2/21/22 | 2/20/23 | 2/19/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 Q1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 844.4 | 622 | 818.2 | 828.9 | 832 | 871.6 | 944 | 696.6 | 831 | 317.1 | 678.6 | 771.9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | 329.4 | - | 317.2 | 65.3 | - | 130.4 | - | 164.6 | 145.3 |
| Operating Margin | - | - | - | 39.74% | - | 36.39% | 6.92% | - | 15.69% | - | 24.25% | 18.82% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/17/20 | 7/21/20 | 2/22/21 | 7/26/21 | 2/21/22 | 7/25/22 | 2/20/23 | 7/24/23 | 2/19/24 | 4/22/24 | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,127 | 6,510 | 6,933 | 6,876 | 3,448 | 3,327 | 3,243 | 2,767 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 10.45 x | 11.35 x | 11.08 x | 10.57 x | 12.19 x | 11.04 x | 9.977 x | 7.76 x |
| Free Cash Flow | -417 | 120 | -498 | -234 | 1,318 | - | - | - |
| ROE (net income / shareholders' equity) | 12.3% | 11.9% | 6.07% | 6.26% | 6.06% | 5.33% | 5.79% | 5.9% |
| ROA (Net income/ Total Assets) | 3.21% | 2.83% | 2.3% | 2.33% | -8.39% | 2.5% | 0.85% | 2.01% |
| Assets 1 | 9,361 | 855.5 | 17,407 | 2,325 | 14,910 | -2,396 | 15,701 | 12,307 |
| Book Value Per Share 2 | 42.90 | 38.60 | 88.80 | 86.90 | 65.80 | 59.60 | 54.20 | 52.40 |
| Cash Flow per Share 2 | 4.990 | 8.790 | 7.050 | 4.130 | 4.060 | 1.820 | 2.880 | 3.380 |
| Capex 1 | 786 | 531 | 1,027 | 547 | 305 | 345 | 359 | 166 |
| Capex / Sales | 51.61% | 36.84% | 61.82% | 30.13% | 19.94% | 23.56% | 23.44% | 10.42% |
| Announcement Date | 2/17/20 | 2/22/21 | 2/21/22 | 2/20/23 | 2/19/24 | - | - | - |
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+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
28.32
EUR
Average target price
29.36
EUR
Spread / Average Target
+3.69%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -20.32% | 2.33B | |
| -10.08% | 7.93B | |
| -7.42% | 6.16B | |
| -9.70% | 5.33B | |
| +9.56% | 5.17B | |
| -6.22% | 5.14B | |
| +4.77% | 4.69B | |
| -10.48% | 4.43B | |
| -1.15% | 3.67B | |
| -15.29% | 3.11B |
- Stock Market
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- ICAD Stock
- Financials Icade
