Real-time Estimate
Cboe BZX
09:35:23 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
33.31
USD
|
+0.38%
|
|
-1.44%
|
-4.28%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
56,270
|
69,403
|
83,396
|
65,133
|
68,512
|
64,904
|
-
|
-
|
Enterprise Value (EV)
1 |
70,554
|
82,977
|
97,446
|
81,710
|
85,609
|
82,143
|
81,851
|
79,643
|
P/E ratio
|
17.4
x
|
25.2
x
|
22.4
x
|
15.9
x
|
18.7
x
|
17.1
x
|
15.3
x
|
14.2
x
|
Yield
|
1.33%
|
1.15%
|
0.99%
|
1.29%
|
-
|
1.4%
|
1.51%
|
1.61%
|
Capitalization / Revenue
|
4.71
x
|
6.56
x
|
6.66
x
|
4.39
x
|
4.67
x
|
4.33
x
|
4.15
x
|
4.02
x
|
EV / Revenue
|
5.91
x
|
7.84
x
|
7.78
x
|
5.5
x
|
5.84
x
|
5.48
x
|
5.24
x
|
4.94
x
|
EV / EBITDA
|
11.2
x
|
14.4
x
|
13.9
x
|
11.1
x
|
11.9
x
|
11.1
x
|
10.5
x
|
9.75
x
|
EV / FCF
|
22.1
x
|
31.5
x
|
29.5
x
|
23.4
x
|
26.2
x
|
28.5
x
|
23.5
x
|
21.9
x
|
FCF Yield
|
4.53%
|
3.18%
|
3.39%
|
4.27%
|
3.82%
|
3.51%
|
4.26%
|
4.56%
|
Price to Book
|
4.87
x
|
5.32
x
|
6.28
x
|
5.26
x
|
5.75
x
|
5.21
x
|
4.97
x
|
4.55
x
|
Nbr of stocks (in thousands)
|
2,332,933
|
2,294,325
|
2,217,983
|
2,102,409
|
1,976,131
|
1,954,927
|
-
|
-
|
Reference price
2 |
24.12
|
30.25
|
37.60
|
30.98
|
34.67
|
33.20
|
33.20
|
33.20
|
Announcement Date
|
1/16/20
|
1/21/21
|
1/20/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,937
|
10,583
|
12,522
|
14,853
|
14,657
|
14,993
|
15,628
|
16,137
|
EBITDA
1 |
6,314
|
5,745
|
7,014
|
7,379
|
7,172
|
7,371
|
7,828
|
8,168
|
EBIT
1 |
4,965
|
4,362
|
5,594
|
5,879
|
5,561
|
5,670
|
6,079
|
6,345
|
Operating Margin
|
41.59%
|
41.22%
|
44.67%
|
39.58%
|
37.94%
|
37.82%
|
38.9%
|
39.32%
|
Earnings before Tax (EBT)
1 |
4,316
|
3,627
|
4,951
|
5,414
|
4,891
|
4,996
|
5,417
|
5,757
|
Net income
1 |
3,330
|
2,765
|
3,781
|
4,166
|
3,715
|
3,763
|
4,053
|
4,227
|
Net margin
|
27.9%
|
26.13%
|
30.19%
|
28.05%
|
25.35%
|
25.1%
|
25.93%
|
26.2%
|
EPS
2 |
1.390
|
1.200
|
1.680
|
1.950
|
1.850
|
1.943
|
2.174
|
2.337
|
Free Cash Flow
1 |
3,193
|
2,637
|
3,308
|
3,486
|
3,268
|
2,881
|
3,488
|
3,630
|
FCF margin
|
26.75%
|
24.92%
|
26.42%
|
23.47%
|
22.3%
|
19.22%
|
22.32%
|
22.49%
|
FCF Conversion (EBITDA)
|
50.57%
|
45.9%
|
47.16%
|
47.24%
|
45.57%
|
39.09%
|
44.56%
|
44.44%
|
FCF Conversion (Net income)
|
95.89%
|
95.37%
|
87.49%
|
83.68%
|
87.97%
|
76.57%
|
86.07%
|
85.87%
|
Dividend per Share
2 |
0.3200
|
0.3467
|
0.3720
|
0.4000
|
-
|
0.4661
|
0.5019
|
0.5346
|
Announcement Date
|
1/16/20
|
1/21/21
|
1/20/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
3,427
|
3,413
|
3,815
|
3,895
|
3,730
|
3,706
|
3,699
|
3,572
|
3,680
|
3,681
|
3,709
|
3,763
|
3,841
|
3,828
|
3,936
|
EBITDA
1 |
1,726
|
1,642
|
1,968
|
1,957
|
1,850
|
1,857
|
1,884
|
1,694
|
1,737
|
1,764
|
1,837
|
1,859
|
1,895
|
1,851
|
1,988
|
EBIT
1 |
1,370
|
1,282
|
1,599
|
1,579
|
1,457
|
1,464
|
1,482
|
1,295
|
1,320
|
1,354
|
1,410
|
1,433
|
1,466
|
1,433
|
1,554
|
Operating Margin
|
39.98%
|
37.56%
|
41.91%
|
40.54%
|
39.06%
|
39.5%
|
40.06%
|
36.25%
|
35.87%
|
36.78%
|
38.02%
|
38.09%
|
38.15%
|
37.45%
|
39.49%
|
Earnings before Tax (EBT)
1 |
1,205
|
1,129
|
1,558
|
1,423
|
1,304
|
1,304
|
1,312
|
1,126
|
1,149
|
1,185
|
1,243
|
1,263
|
1,296
|
1,262
|
1,390
|
Net income
1 |
934
|
859
|
1,178
|
1,110
|
1,018
|
987
|
996
|
846
|
886
|
893
|
935.1
|
953.1
|
975.9
|
957.4
|
1,057
|
Net margin
|
27.25%
|
25.17%
|
30.88%
|
28.5%
|
27.29%
|
26.63%
|
26.93%
|
23.68%
|
24.08%
|
24.26%
|
25.21%
|
25.33%
|
25.41%
|
25.01%
|
26.84%
|
EPS
2 |
0.4200
|
0.3900
|
0.5400
|
0.5200
|
0.4900
|
0.4800
|
0.4900
|
0.4200
|
0.4500
|
0.4600
|
0.4810
|
0.4949
|
0.5117
|
0.5062
|
0.5543
|
Dividend per Share
2 |
0.0930
|
0.1000
|
0.1000
|
0.1000
|
0.1000
|
0.1100
|
0.1100
|
0.1100
|
-
|
-
|
0.1194
|
0.1194
|
0.1194
|
0.1257
|
0.1257
|
Announcement Date
|
1/20/22
|
4/20/22
|
7/20/22
|
10/20/22
|
1/25/23
|
4/20/23
|
7/20/23
|
10/19/23
|
1/24/24
|
4/17/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
14,284
|
13,574
|
14,050
|
16,577
|
17,097
|
17,240
|
16,948
|
14,739
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.262
x
|
2.363
x
|
2.003
x
|
2.247
x
|
2.384
x
|
2.339
x
|
2.165
x
|
1.805
x
|
Free Cash Flow
1 |
3,193
|
2,637
|
3,308
|
3,486
|
3,268
|
2,881
|
3,488
|
3,630
|
ROE (net income / shareholders' equity)
|
27.3%
|
22.1%
|
28.4%
|
31.9%
|
30%
|
30.2%
|
32.1%
|
30.7%
|
ROA (Net income/ Total Assets)
|
8.88%
|
7.09%
|
9.41%
|
10.1%
|
8.81%
|
8.83%
|
9.46%
|
9.9%
|
Assets
1 |
37,482
|
39,025
|
40,164
|
41,221
|
42,160
|
42,639
|
42,839
|
42,700
|
Book Value Per Share
2 |
4.960
|
5.690
|
5.990
|
5.890
|
6.030
|
6.370
|
6.690
|
7.290
|
Cash Flow per Share
2 |
2.030
|
1.850
|
2.260
|
2.620
|
2.760
|
2.870
|
3.190
|
-
|
Capex
1 |
1,657
|
1,626
|
1,791
|
2,133
|
2,281
|
2,436
|
2,394
|
2,410
|
Capex / Sales
|
13.88%
|
15.36%
|
14.3%
|
14.36%
|
15.56%
|
16.25%
|
15.32%
|
14.93%
|
Announcement Date
|
1/16/20
|
1/21/21
|
1/20/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Last Close Price
33.2
USD Average target price
39.51
USD Spread / Average Target +19.00% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.28% | 64.9B | | -2.45% | 52.09B | | -4.02% | 16.79B | | -3.01% | 9.37B | | +21.23% | 7.5B | | -1.12% | 2.21B | | +9.53% | 1.74B | | +0.66% | 1.1B | | -5.59% | 919M | | +82.52% | 722M |
Railway Freight Operators
|