Financials Enefit Green

Equities

EGR1T

EE3100137985

Renewable Energy Equipment & Services

Market Closed - Nasdaq Tallinn 08:59:54 2024-05-17 am EDT 5-day change 1st Jan Change
3.156 EUR -0.13% Intraday chart for Enefit Green -2.29% -11.25%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,069 1,157 939.8 834.1 - -
Enterprise Value (EV) 1 1,112 1,305 1,357 1,469 1,501 1,434
P/E ratio 13.5 x 10.4 x 16.9 x 10.4 x 11.1 x 10.2 x
Yield 3.73% 4.75% 2.95% 4% 4.72% 4.54%
Capitalization / Revenue 5.82 x 4.5 x 4.08 x 3.89 x 3.21 x 3.29 x
EV / Revenue 6.05 x 5.08 x 5.9 x 6.85 x 5.77 x 5.65 x
EV / EBITDA 9.15 x 8.43 x 12.8 x 11.7 x 9.68 x 9.73 x
EV / FCF 26.2 x -20.3 x -6.52 x -7.69 x -1,001 x 14.7 x
FCF Yield 3.81% -4.92% -15.3% -13% -0.1% 6.79%
Price to Book 1.69 x 1.61 x 1.31 x 1.1 x 1.05 x 1 x
Nbr of stocks (in thousands) 264,276 264,276 264,276 264,276 - -
Reference price 2 4.044 4.378 3.556 3.156 3.156 3.156
Announcement Date 2/28/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 183.7 257 230.1 214.4 259.9 253.5
EBITDA 1 - 121.5 154.8 105.9 126.1 155.1 147.3
EBIT 1 - 83.31 117.1 65.34 87.18 104.3 96.74
Operating Margin - 45.35% 45.55% 28.4% 40.67% 40.11% 38.16%
Earnings before Tax (EBT) 1 - 81.25 115.8 65.51 86.8 81.33 87.78
Net income 1 67.87 79.66 110.2 55.79 79.88 75.33 81.83
Net margin - 43.36% 42.88% 24.25% 37.27% 28.98% 32.28%
EPS 2 14.20 0.3000 0.4200 0.2100 0.3023 0.2843 0.3094
Free Cash Flow 1 - 42.36 -64.21 -207.9 -191 -1.5 97.35
FCF margin - 23.06% -24.98% -90.36% -89.1% -0.58% 38.4%
FCF Conversion (EBITDA) - 34.87% - - - - 66.1%
FCF Conversion (Net income) - 53.18% - - - - 118.97%
Dividend per Share 2 - 0.1510 0.2080 0.1050 0.1264 0.1489 0.1433
Announcement Date 6/9/21 2/28/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 68.9 66.7 47.28 82.8 77.5 41.2 44.49 66.9 68.9 - - -
EBITDA 49.6 45.6 30.7 45.8 41.1 19.3 15.9 29.6 42.4 - - -
EBIT 40.02 35.92 21.1 36.96 31.3 9.589 5.675 18.78 33.08 - - -
Operating Margin 58.08% 53.86% 44.63% 44.63% 40.38% 23.27% 12.76% 28.07% 48.02% - - -
Earnings before Tax (EBT) 1 39.89 35.77 21.52 - 31.34 10.4 5.352 18.41 - 12.9 14.4 26.2
Net income 1 39.37 34.92 16.92 35.41 30.52 1.14 5.026 19.1 33.45 6.4 14.2 26.1
Net margin 57.14% 52.36% 35.8% 42.76% 39.38% 2.77% 11.3% 28.56% 48.54% - - -
EPS 2 0.1500 0.1300 0.0600 0.1300 0.1200 0.004000 0.0200 0.0720 - 0.0200 0.0500 0.1000
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/28/22 5/5/22 8/4/22 2/28/23 5/5/23 8/3/23 11/2/23 2/29/24 5/2/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 43 148 417 635 667 600
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 0.3539 x 0.9568 x 3.935 x 5.036 x 4.299 x 4.071 x
Free Cash Flow 1 - 42.4 -64.2 -208 -191 -1.5 97.4
ROE (net income / shareholders' equity) - 13.9% 16.3% 7.77% 10.8% 10.6% 10%
ROA (Net income/ Total Assets) - 10.2% 11.7% 4.72% 5.66% 4.91% 4.76%
Assets 1 - 778.5 940.9 1,183 1,410 1,536 1,719
Book Value Per Share 2 - 2.400 2.720 2.710 2.870 3.010 3.160
Cash Flow per Share - - - - - - -
Capex 1 - 74.8 190 282 315 130 34.5
Capex / Sales - 40.74% 74.1% 122.61% 146.95% 50.07% 13.61%
Announcement Date 6/9/21 2/28/22 2/28/23 2/29/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.156 EUR
Average target price
3.94 EUR
Spread / Average Target
+24.84%
Consensus
  1. Stock Market
  2. Equities
  3. EGR1T Stock
  4. Financials Enefit Green
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