Real-time Estimate
Tradegate
05:11:07 2024-06-03 am EDT
|
5-day change
|
1st Jan Change
|
11.99
EUR
|
+1.70%
|
|
+1.61%
|
-35.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
849.7
|
2,954
|
2,139
|
2,139
|
2,325
|
1,473
|
-
|
-
|
Enterprise Value (EV)
1 |
1,079
|
3,296
|
2,691
|
2,870
|
3,308
|
2,625
|
2,964
|
3,225
|
P/E ratio
|
35.8
x
|
98.5
x
|
45.1
x
|
23.8
x
|
21.6
x
|
15.7
x
|
14.2
x
|
12
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
24.6
x
|
55.5
x
|
22.5
x
|
12.8
x
|
10.1
x
|
6.13
x
|
5.09
x
|
3.9
x
|
EV / Revenue
|
31.2
x
|
61.9
x
|
28.3
x
|
17.1
x
|
14.4
x
|
10.9
x
|
10.2
x
|
8.54
x
|
EV / EBITDA
|
35.4
x
|
67.2
x
|
28.8
x
|
19.5
x
|
16.6
x
|
13.1
x
|
12.3
x
|
10.3
x
|
EV / FCF
|
-12.7
x
|
-38
x
|
-26.6
x
|
-13.2
x
|
-14.4
x
|
-18.4
x
|
-10.4
x
|
-11.1
x
|
FCF Yield
|
-7.89%
|
-2.63%
|
-3.76%
|
-7.56%
|
-6.97%
|
-5.44%
|
-9.63%
|
-9%
|
Price to Book
|
4.4
x
|
13.3
x
|
8.65
x
|
6.21
x
|
4.44
x
|
2.48
x
|
2.08
x
|
1.71
x
|
Nbr of stocks (in thousands)
|
124,951
|
124,951
|
124,951
|
124,951
|
124,951
|
124,951
|
-
|
-
|
Reference price
2 |
6.800
|
23.64
|
17.12
|
17.12
|
18.61
|
11.79
|
11.79
|
11.79
|
Announcement Date
|
2/27/20
|
2/8/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
34.54
|
53.27
|
95.07
|
167.3
|
230
|
240.4
|
289.6
|
377.6
|
EBITDA
1 |
30.48
|
49.06
|
93.38
|
147.1
|
199.9
|
200.4
|
241.2
|
311.6
|
EBIT
1 |
16.22
|
33.07
|
73
|
122.1
|
168.4
|
161.3
|
190.1
|
247.1
|
Operating Margin
|
46.96%
|
62.09%
|
76.79%
|
72.96%
|
73.22%
|
67.09%
|
65.65%
|
65.44%
|
Earnings before Tax (EBT)
1 |
5.834
|
20.42
|
56.25
|
101.1
|
135.7
|
120.9
|
140.1
|
192.1
|
Net income
1 |
23.87
|
30.41
|
48.04
|
90.05
|
107.5
|
93.3
|
103.9
|
137
|
Net margin
|
69.11%
|
57.1%
|
50.53%
|
53.81%
|
46.74%
|
38.81%
|
35.89%
|
36.29%
|
EPS
2 |
0.1900
|
0.2400
|
0.3800
|
0.7200
|
0.8600
|
0.7486
|
0.8316
|
0.9800
|
Free Cash Flow
1 |
-85.14
|
-86.8
|
-101.2
|
-217
|
-230.5
|
-142.8
|
-285.6
|
-290.2
|
FCF margin
|
-246.51%
|
-162.95%
|
-106.49%
|
-129.66%
|
-100.23%
|
-59.4%
|
-98.61%
|
-76.86%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/27/20
|
2/8/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
23.12
|
42.97
|
27.79
|
24.32
|
36.46
|
38.98
|
75.44
|
45.53
|
46.38
|
44.68
|
54.88
|
99.56
|
72.87
|
57.58
|
48.56
|
62.68
|
43.04
|
106.7
|
-
|
EBITDA
1 |
22.41
|
42.45
|
27.57
|
23.37
|
33.07
|
35.06
|
68.13
|
40.88
|
38.07
|
40.06
|
48.9
|
88.96
|
64.65
|
46.27
|
41.79
|
9.304
|
10.16
|
8.41
|
-
|
EBIT
1 |
14.89
|
33.33
|
22.54
|
17.13
|
27.73
|
29.08
|
56.82
|
34.6
|
30.68
|
32.23
|
41.02
|
73.25
|
56.05
|
-
|
32.48
|
-
|
-
|
-
|
-
|
Operating Margin
|
64.42%
|
77.58%
|
81.12%
|
70.43%
|
76.06%
|
74.61%
|
75.31%
|
76%
|
66.15%
|
72.14%
|
74.75%
|
73.58%
|
76.92%
|
-
|
66.9%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
8.299
|
25.74
|
18.73
|
11.79
|
23.63
|
24.5
|
48.12
|
29.88
|
23.05
|
25.14
|
33.59
|
58.73
|
48.51
|
28.43
|
24.12
|
-
|
-
|
-
|
-
|
Net income
1 |
14.78
|
23.65
|
13.92
|
10.46
|
20.51
|
23.22
|
43.73
|
25.96
|
20.35
|
24.95
|
25.13
|
50.08
|
36.33
|
21.11
|
23.59
|
22.93
|
24.59
|
26.4
|
-
|
Net margin
|
63.94%
|
55.04%
|
50.11%
|
43.02%
|
56.25%
|
59.58%
|
57.97%
|
57.03%
|
43.87%
|
55.84%
|
45.79%
|
50.3%
|
49.85%
|
36.66%
|
48.59%
|
36.59%
|
57.13%
|
24.73%
|
-
|
EPS
2 |
-
|
-
|
0.1100
|
0.1900
|
0.1800
|
0.1800
|
-
|
0.2100
|
0.1500
|
-
|
-
|
-
|
-
|
-
|
0.0620
|
0.1835
|
0.1968
|
0.2112
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
9/30/20
|
9/29/21
|
11/15/21
|
2/28/22
|
5/30/22
|
9/22/22
|
9/22/22
|
11/15/22
|
2/28/23
|
5/4/23
|
9/28/23
|
9/28/23
|
11/13/23
|
2/28/24
|
5/27/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
230
|
343
|
552
|
731
|
983
|
1,152
|
1,491
|
1,752
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.533
x
|
6.982
x
|
5.914
x
|
4.968
x
|
4.917
x
|
5.748
x
|
6.181
x
|
5.622
x
|
Free Cash Flow
1 |
-85.1
|
-86.8
|
-101
|
-217
|
-231
|
-143
|
-286
|
-290
|
ROE (net income / shareholders' equity)
|
13.1%
|
14.6%
|
20.4%
|
26.1%
|
24.7%
|
15.3%
|
13.7%
|
13.7%
|
ROA (Net income/ Total Assets)
|
-
|
4.62%
|
5.46%
|
7.29%
|
6.99%
|
4.8%
|
3.8%
|
3.4%
|
Assets
1 |
-
|
657.9
|
879.1
|
1,235
|
1,538
|
1,944
|
2,735
|
4,031
|
Book Value Per Share
2 |
1.550
|
1.780
|
1.980
|
2.760
|
4.190
|
4.760
|
5.660
|
6.880
|
Cash Flow per Share
2 |
0.1200
|
0.3800
|
0.7400
|
0.9200
|
0.7900
|
1.140
|
1.530
|
2.230
|
Capex
1 |
99.7
|
134
|
195
|
332
|
329
|
236
|
420
|
417
|
Capex / Sales
|
288.71%
|
252.23%
|
205.38%
|
198.39%
|
142.87%
|
98.18%
|
145.18%
|
110.55%
|
Announcement Date
|
2/27/20
|
2/8/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
11.79
EUR Average target price
14.78
EUR Spread / Average Target +25.33% Consensus |
1st Jan change
|
Capi.
|
---|
| -35.57% | 1.6B | | +28.14% | 36.22B | | +14.60% | 24.58B | | -4.39% | 6.75B | | +24.64% | 6.23B | | -3.20% | 4.38B | | -11.43% | 4.07B | | +0.39% | 3.2B | | +9.94% | 2.99B | | -.--% | 2.89B |
Renewable IPPs
|