Market Closed -
Borsa Italiana
11:44:59 2024-05-10 am EDT
|
5-day change
|
1st Jan Change
|
2.916
EUR
|
+1.89%
|
|
+5.27%
|
-2.08%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
981.7
|
962.8
|
1,026
|
994.5
|
1,055
|
1,033
|
-
|
-
|
Enterprise Value (EV)
1 |
1,416
|
1,386
|
1,407
|
994.5
|
1,055
|
1,444
|
1,426
|
1,400
|
P/E ratio
|
21
x
|
30.6
x
|
17.1
x
|
11.7
x
|
11.6
x
|
10.9
x
|
9.67
x
|
8.67
x
|
Yield
|
5.28%
|
3.41%
|
5.22%
|
-
|
-
|
7.56%
|
8.26%
|
9.12%
|
Capitalization / Revenue
|
0.65
x
|
0.73
x
|
0.62
x
|
0.48
x
|
0.53
x
|
0.51
x
|
0.49
x
|
0.47
x
|
EV / Revenue
|
0.93
x
|
1.06
x
|
0.84
x
|
0.48
x
|
0.53
x
|
0.72
x
|
0.68
x
|
0.64
x
|
EV / EBITDA
|
6.21
x
|
7.45
x
|
5.85
x
|
3.34
x
|
3.25
x
|
4.33
x
|
4.05
x
|
3.79
x
|
EV / FCF
|
18.9
x
|
25.6
x
|
19.4
x
|
-
|
-
|
16.2
x
|
14.2
x
|
12.7
x
|
FCF Yield
|
5.28%
|
3.91%
|
5.14%
|
-
|
-
|
6.16%
|
7.02%
|
7.9%
|
Price to Book
|
2.56
x
|
2.59
x
|
2.54
x
|
-
|
-
|
2.38
x
|
2.21
x
|
2.01
x
|
Nbr of stocks (in thousands)
|
357,255
|
357,125
|
357,108
|
354,662
|
354,256
|
354,206
|
-
|
-
|
Reference price
2 |
2.748
|
2.696
|
2.874
|
2.804
|
2.978
|
2.916
|
2.916
|
2.916
|
Announcement Date
|
2/26/20
|
3/2/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,521
|
1,314
|
1,669
|
2,087
|
1,995
|
2,020
|
2,109
|
2,199
|
EBITDA
1 |
227.8
|
186.1
|
240.6
|
298.1
|
325
|
333.8
|
352.2
|
369.6
|
EBIT
1 |
104.5
|
70.86
|
112.6
|
158.7
|
180.7
|
185
|
199.2
|
211.4
|
Operating Margin
|
6.87%
|
5.39%
|
6.75%
|
7.6%
|
9.06%
|
9.16%
|
9.44%
|
9.62%
|
Earnings before Tax (EBT)
1 |
80.68
|
50.17
|
93.68
|
127.2
|
135.3
|
141.6
|
163
|
183.4
|
Net income
1 |
46.75
|
31.32
|
60.05
|
84.89
|
91.05
|
94.09
|
107.5
|
119.4
|
Net margin
|
3.07%
|
2.38%
|
3.6%
|
4.07%
|
4.56%
|
4.66%
|
5.09%
|
5.43%
|
EPS
2 |
0.1310
|
0.0880
|
0.1680
|
0.2390
|
0.2570
|
0.2677
|
0.3016
|
0.3362
|
Free Cash Flow
1 |
74.8
|
54.16
|
72.35
|
-
|
-
|
89
|
100.1
|
110.6
|
FCF margin
|
4.92%
|
4.12%
|
4.34%
|
-
|
-
|
4.41%
|
4.75%
|
5.03%
|
FCF Conversion (EBITDA)
|
32.83%
|
29.1%
|
30.07%
|
-
|
-
|
26.67%
|
28.43%
|
29.92%
|
FCF Conversion (Net income)
|
160%
|
172.92%
|
120.48%
|
-
|
-
|
94.59%
|
93.17%
|
92.6%
|
Dividend per Share
2 |
0.1450
|
0.0920
|
0.1500
|
-
|
-
|
0.2204
|
0.2410
|
0.2660
|
Announcement Date
|
2/26/20
|
3/2/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
-
|
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
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
600.1
|
901.7
|
417.6
|
349.5
|
455.8
|
597.3
|
1,053
|
573.8
|
460.6
|
546.8
|
625.3
|
1,172
|
454.2
|
368.3
|
822.5
|
452
|
-
|
-
|
-
|
EBITDA
1 |
83.1
|
144.6
|
48.3
|
47.7
|
60.1
|
92.1
|
152.2
|
84.5
|
61.4
|
81
|
110.2
|
191.2
|
78.1
|
55.7
|
133.8
|
70
|
121
|
190
|
150
|
EBIT
1 |
24.69
|
80.36
|
17.08
|
15.13
|
27.66
|
58.11
|
85.78
|
49.09
|
23.87
|
44.87
|
72.71
|
117.6
|
42.53
|
20.56
|
63.09
|
33
|
-
|
-
|
-
|
Operating Margin
|
4.11%
|
8.91%
|
4.09%
|
4.33%
|
6.07%
|
9.73%
|
8.15%
|
8.56%
|
5.18%
|
8.21%
|
11.63%
|
10.03%
|
9.36%
|
5.58%
|
7.67%
|
7.3%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
70.16
|
-
|
10.51
|
-
|
52.46
|
72.88
|
-
|
-
|
-
|
81.08
|
98.16
|
31.7
|
5.47
|
37.17
|
-
|
-
|
-
|
61
|
Net income
1 |
9.074
|
43.5
|
8.065
|
8.488
|
12.66
|
32.52
|
45.19
|
25.69
|
14.02
|
24.09
|
40.7
|
64.79
|
20.92
|
5.344
|
26.26
|
13
|
-
|
-
|
41
|
Net margin
|
1.51%
|
4.82%
|
1.93%
|
2.43%
|
2.78%
|
5.45%
|
4.29%
|
4.48%
|
3.04%
|
4.41%
|
6.51%
|
5.53%
|
4.61%
|
1.45%
|
3.19%
|
2.88%
|
-
|
-
|
-
|
EPS
|
0.0250
|
0.1220
|
0.0220
|
0.0240
|
0.0350
|
0.0920
|
0.1270
|
0.0720
|
-
|
-
|
-
|
-
|
-
|
0.0150
|
0.0740
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/27/20
|
7/30/21
|
10/29/21
|
3/2/22
|
5/2/22
|
7/28/22
|
7/28/22
|
10/28/22
|
3/2/23
|
5/5/23
|
7/27/23
|
7/27/23
|
10/30/23
|
3/4/24
|
3/4/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
434
|
424
|
380
|
-
|
-
|
412
|
393
|
367
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.905
x
|
2.276
x
|
1.581
x
|
-
|
-
|
1.233
x
|
1.116
x
|
0.9939
x
|
Free Cash Flow
1 |
74.8
|
54.2
|
72.4
|
-
|
-
|
89
|
100
|
111
|
ROE (net income / shareholders' equity)
|
12%
|
8.28%
|
15.5%
|
-
|
-
|
22.1%
|
24.2%
|
25.2%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
1.080
|
1.040
|
1.130
|
-
|
-
|
1.230
|
1.320
|
1.450
|
Cash Flow per Share
2 |
0.6000
|
0.5400
|
0.6300
|
-
|
-
|
0.6700
|
-
|
-
|
Capex
1 |
141
|
139
|
154
|
-
|
-
|
164
|
159
|
164
|
Capex / Sales
|
9.26%
|
10.58%
|
9.24%
|
-
|
-
|
8.13%
|
7.55%
|
7.45%
|
Announcement Date
|
2/26/20
|
3/2/21
|
3/2/22
|
3/2/23
|
3/4/24
|
-
|
-
|
-
|
Last Close Price
2.916
EUR Average target price
3.843
EUR Spread / Average Target +31.79% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.08% | 1.11B | | +30.15% | 30.02B | | +12.42% | 15.27B | | +1.98% | 11.74B | | +17.86% | 11.67B | | +14.17% | 9.05B | | +11.22% | 5.85B | | +53.49% | 2.25B | | +10.08% | 1.92B | | +76.42% | 1.61B |
Motorcycles & Scooters
|