Financials Innelec Multimédia

Equities

Market Closed - Euronext Paris Other stock markets 11:35:11 2024-05-31 am EDT			5-day change	1st Jan Change
6.81 ^EUR	+1.49%		-0.58%	+9.49%

Feb. 16	Innelec: 20% increase in nine-month sales	CF
2023	Innelec: half-year results below expectations	CF

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	13.83	7.913	20.07	15.38	15.23	19.88	-	-
Enterprise Value (EV) ¹	12.76	7.913	15.77	25	23.43	31.58	29.28	26.98
P/E ratio	8.91 x	-11.4 x	2.83 x	13.5 x	11.6 x	16.8 x	7.36 x	5.97 x
Yield	4.01%	7.02%	-	7.25%	9.4%	7.34%	7.34%	7.34%
Capitalization / Revenue	0.13 x	0.08 x	0.16 x	0.11 x	0.09 x	0.11 x	0.11 x	0.1 x
EV / Revenue	0.12 x	0.08 x	0.13 x	0.19 x	0.14 x	0.17 x	0.16 x	0.14 x
EV / EBITDA	5.02 x	5.1 x	4.5 x	9.54 x	5.57 x	7.02 x	4.37 x	3.55 x
EV / FCF	7.48 x	-1.83 x	-	-	-	-37.2 x	8.61 x	9.15 x
FCF Yield	13.4%	-54.5%	-	-	-	-2.69%	11.6%	10.9%
Price to Book	-	0.44 x	-	-	-	0.89 x	0.83 x	0.75 x
Nbr of stocks (in thousands)	2,771	2,777	2,795	2,786	2,863	2,920	-	-
Reference price ²	4.990	2.850	7.180	5.520	5.320	6.810	6.810	6.810
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	108.2	102.4	125.6	134.4	163.3	186	183.8	190.8
EBITDA ¹	2.54	1.551	3.501	2.62	4.21	4.5	6.7	7.6
EBIT ¹	1.72	0.227	2.115	1.5	2.7	2.2	4.35	5.2
Operating Margin	1.59%	0.22%	1.68%	1.12%	1.65%	1.18%	2.37%	2.73%
Earnings before Tax (EBT) ¹	-	-	-	-	-	2	-	-
Net income ¹	1.55	-0.7	7.081	1.17	1.34	1.2	2.75	3.4
Net margin	1.43%	-0.68%	5.64%	0.87%	0.82%	0.65%	1.5%	1.78%
EPS ²	0.5600	-0.2500	2.540	0.4100	0.4600	0.4050	0.9250	1.140
Free Cash Flow ¹	1.706	-4.316	-	-	-	-0.85	3.4	2.95
FCF margin	1.58%	-4.21%	-	-	-	-0.46%	1.85%	1.55%
FCF Conversion (EBITDA)	67.17%	-	-	-	-	-	50.75%	38.82%
FCF Conversion (Net income)	110.06%	-	-	-	-	-	123.64%	86.76%
Dividend per Share ²	0.2000	0.2000	-	0.4000	0.5000	0.5000	0.5000	0.5000
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	9.62	8.2	11.7	9.4	7.1
Net Cash position ¹	1.07	-	4.3	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	3.672 x	1.948 x	2.6 x	1.403 x	0.9342 x
Free Cash Flow ¹	1.71	-4.32	-	-	-	-0.85	3.4	2.95
ROE (net income / shareholders' equity)	7.61%	-3.75%	34.2%	5%	5.73%	4%	13.3%	14.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	6.420	-	-	-	7.620	8.210	9.030
Cash Flow per Share ²	0.8400	0.2400	1.210	1.000	0.8400	0.9400	1.720	1.950
Capex ¹	0.35	1.87	-	-	-	1.9	1.8	1.8
Capex / Sales	0.32%	1.83%	-	-	-	1.02%	0.98%	0.94%
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.81 EUR

Average target price

10.3 EUR

Spread / Average Target

+51.25%