SALCEF GROUP S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.45 EUR | -0.20% |
|
-0.20% | +3.25% |
| May. 16 | Salcef Group S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| May. 15 | Salcef Group, profit increases to double digits in first quarter | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 408.7 | 500.5 | 1,439 | 1,078 | 1,501 | 1,550 | - | - |
| Enterprise Value (EV) 1 | 375.6 | 499.8 | 1,324 | 1,052 | 1,501 | 1,541 | 1,507 | 1,444 |
| P/E ratio | 10.7 x | 14.6 x | 36.3 x | 23.9 x | 24.4 x | 18 x | 15.3 x | 12.2 x |
| Yield | 3.86% | 3.61% | 1.86% | - | - | 2.57% | 2.91% | 3.37% |
| Capitalization / Revenue | 1.31 x | 1.47 x | 3.27 x | 1.91 x | 1.89 x | 1.63 x | 1.46 x | 1.27 x |
| EV / Revenue | 1.21 x | 1.47 x | 3.01 x | 1.86 x | 1.89 x | 1.62 x | 1.42 x | 1.19 x |
| EV / EBITDA | 5.22 x | 6.34 x | 13.6 x | 9.23 x | 9.35 x | 8.42 x | 7.21 x | 5.94 x |
| EV / FCF | - | 16.2 x | 57.8 x | - | - | 54.2 x | 18.7 x | 13.2 x |
| FCF Yield | - | 6.16% | 1.73% | - | - | 1.84% | 5.34% | 7.59% |
| Price to Book | 1.63 x | 1.96 x | 3.43 x | - | - | 3.15 x | 2.76 x | 2.39 x |
| Nbr of stocks (in thousands) | 39,490 | 42,964 | 58,261 | 61,888 | 60,908 | 60,908 | - | - |
| Reference price 2 | 10.35 | 11.65 | 24.70 | 17.42 | 24.65 | 25.45 | 25.45 | 25.45 |
| Announcement Date | 3/17/20 | 3/24/21 | 3/16/22 | 3/16/23 | 3/14/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 311.2 | 340.3 | 440.1 | 564.6 | 794.7 | 953.9 | 1,065 | 1,217 |
| EBITDA 1 | 72 | 78.9 | 97.3 | 114 | 160.5 | 183 | 208.9 | 243 |
| EBIT 1 | 56.46 | 58.33 | 68.2 | 78 | 100.7 | 126.2 | 149.6 | 169.8 |
| Operating Margin | 18.14% | 17.14% | 15.5% | 13.81% | 12.67% | 13.23% | 14.05% | 13.96% |
| Earnings before Tax (EBT) 1 | 55.42 | 40.18 | 60.33 | 67.36 | 93.74 | 119.2 | 140.6 | 172.5 |
| Net income 1 | - | 41.15 | 39.07 | 45.33 | 61.9 | 87.14 | 103.6 | 128.5 |
| Net margin | - | 12.09% | 8.88% | 8.03% | 7.79% | 9.14% | 9.73% | 10.56% |
| EPS 2 | 0.9700 | 0.8000 | 0.6800 | 0.7300 | 1.010 | 1.413 | 1.659 | 2.092 |
| Free Cash Flow 1 | - | 30.8 | 22.92 | - | - | 28.43 | 80.43 | 109.5 |
| FCF margin | - | 9.05% | 5.21% | - | - | 2.98% | 7.55% | 9% |
| FCF Conversion (EBITDA) | - | 39.03% | 23.55% | - | - | 15.54% | 38.5% | 45.06% |
| FCF Conversion (Net income) | - | 74.84% | 58.66% | - | - | 32.63% | 77.65% | 85.21% |
| Dividend per Share 2 | 0.4000 | 0.4200 | 0.4600 | - | - | 0.6552 | 0.7405 | 0.8580 |
| Announcement Date | 3/17/20 | 3/24/21 | 3/16/22 | 3/16/23 | 3/14/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q4 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 213.4 | 120.4 | 107.6 | 122.8 | 230.5 | 178.8 | 160.4 | - | 206.2 | 226.9 |
| EBITDA 1 | 48 | 25.8 | 21.76 | 24.49 | 46.26 | 36.5 | 32.9 | - | - | 44.96 |
| EBIT 1 | 34.5 | 16.5 | 13.34 | 16.18 | 29.52 | 26.28 | 22.4 | - | - | 23.37 |
| Operating Margin | 16.17% | 13.7% | 12.39% | 13.17% | 12.81% | 14.69% | 13.97% | - | - | 10.3% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 22.93 | - | - | - | 20.63 |
| Net income 1 | - | 12.45 | 5.416 | - | - | 16.72 | - | 31.03 | 20.02 | 10.85 |
| Net margin | - | 10.34% | 5.03% | - | - | 9.35% | - | - | 9.71% | 4.78% |
| EPS | - | 0.2400 | - | - | - | - | - | 0.5000 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/6/21 | 3/16/22 | 5/16/22 | 8/5/22 | 8/5/22 | 3/16/23 | 5/16/23 | 8/3/23 | 11/15/23 | 3/14/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 33.1 | 0.68 | 115 | 26 | - | 8.67 | 43.5 | 107 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 30.8 | 22.9 | - | - | 28.4 | 80.4 | 110 |
| ROE (net income / shareholders' equity) | 19.8% | 16.3% | 11.4% | - | - | 18.4% | 19% | 20.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 6.360 | 5.940 | 7.210 | - | - | 8.080 | 9.220 | 10.70 |
| Cash Flow per Share 2 | 0.8000 | 1.350 | 1.200 | - | - | 2.360 | 2.860 | 3.310 |
| Capex 1 | - | 38.4 | 46 | - | - | 70 | 63.3 | 63.5 |
| Capex / Sales | - | 11.28% | 10.46% | - | - | 7.34% | 5.95% | 5.22% |
| Announcement Date | 3/17/20 | 3/24/21 | 3/16/22 | 3/16/23 | 3/14/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
25.45
EUR
Average target price
27.39
EUR
Spread / Average Target
+7.61%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +3.25% | 1.68B | |
| +104.08% | 9.32B | |
| -5.59% | 1.46B | |
| +5.56% | 363M | |
| +53.81% | 199M | |
| +24.70% | 60.14M |
- Stock Market
- Equities
- SCF Stock
- Financials Salcef Group S.p.A.
