Market Closed -
London S.E.
11:30:00 2024-04-29 am EDT
|
5-day change
|
1st Jan Change
|
159.8
USD
|
-2.28%
|
|
-5.62%
|
+3.32%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
130,935
|
189,171
|
239,371
|
285,707
|
273,605
|
282,631
|
-
|
-
|
Enterprise Value (EV)
1 |
157,739
|
266,778
|
306,225
|
339,749
|
320,176
|
335,733
|
329,334
|
320,274
|
P/E ratio
|
16.8
x
|
39.4
x
|
21
x
|
24.4
x
|
57
x
|
30.5
x
|
23.7
x
|
19.9
x
|
Yield
|
4.96%
|
4.52%
|
3.92%
|
3.53%
|
3.87%
|
3.88%
|
4.07%
|
4.25%
|
Capitalization / Revenue
|
3.94
x
|
4.13
x
|
4.27
x
|
4.92
x
|
5.04
x
|
5.13
x
|
4.88
x
|
4.55
x
|
EV / Revenue
|
4.74
x
|
5.83
x
|
5.46
x
|
5.85
x
|
5.89
x
|
6.1
x
|
5.69
x
|
5.16
x
|
EV / EBITDA
|
8.89
x
|
11.8
x
|
10.6
x
|
11
x
|
12.5
x
|
12.7
x
|
11.6
x
|
10.4
x
|
EV / FCF
|
12.4
x
|
15.9
x
|
13.9
x
|
14
x
|
14.5
x
|
17.3
x
|
13.9
x
|
12.5
x
|
FCF Yield
|
8.1%
|
6.29%
|
7.18%
|
7.14%
|
6.89%
|
5.77%
|
7.18%
|
7.99%
|
Price to Book
|
-16.1
x
|
13.7
x
|
15.5
x
|
16.6
x
|
26.5
x
|
24.9
x
|
23.8
x
|
19.7
x
|
Nbr of stocks (in thousands)
|
1,478,821
|
1,765,474
|
1,767,880
|
1,767,880
|
1,765,537
|
1,770,647
|
-
|
-
|
Reference price
2 |
88.54
|
107.2
|
135.4
|
161.6
|
155.0
|
159.6
|
159.6
|
159.6
|
Announcement Date
|
2/7/20
|
2/3/21
|
2/2/22
|
2/9/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
33,266
|
45,784
|
56,122
|
58,054
|
54,318
|
55,071
|
57,925
|
62,107
|
EBITDA
1 |
17,747
|
22,642
|
29,018
|
30,961
|
25,545
|
26,456
|
28,319
|
30,910
|
EBIT
1 |
15,730
|
21,976
|
28,215
|
30,183
|
24,793
|
25,505
|
27,441
|
30,143
|
Operating Margin
|
47.29%
|
48%
|
50.27%
|
51.99%
|
45.64%
|
46.31%
|
47.37%
|
48.53%
|
Earnings before Tax (EBT)
1 |
8,426
|
3,398
|
12,989
|
13,477
|
6,250
|
12,202
|
14,849
|
17,150
|
Net income
1 |
7,882
|
4,616
|
11,542
|
11,836
|
4,863
|
8,181
|
11,030
|
13,371
|
Net margin
|
23.69%
|
10.08%
|
20.57%
|
20.39%
|
8.95%
|
14.86%
|
19.04%
|
21.53%
|
EPS
2 |
5.280
|
2.720
|
6.450
|
6.630
|
2.720
|
5.227
|
6.737
|
8.035
|
Free Cash Flow
1 |
12,772
|
16,790
|
21,990
|
24,248
|
22,062
|
19,377
|
23,638
|
25,588
|
FCF margin
|
38.39%
|
36.67%
|
39.18%
|
41.77%
|
40.62%
|
35.18%
|
40.81%
|
41.2%
|
FCF Conversion (EBITDA)
|
71.97%
|
74.15%
|
75.78%
|
78.32%
|
86.37%
|
73.24%
|
83.47%
|
82.78%
|
FCF Conversion (Net income)
|
162.04%
|
363.73%
|
190.52%
|
204.87%
|
453.67%
|
236.84%
|
214.32%
|
191.38%
|
Dividend per Share
2 |
4.390
|
4.840
|
5.310
|
5.710
|
5.990
|
6.191
|
6.492
|
6.781
|
Announcement Date
|
2/7/20
|
2/3/21
|
2/2/22
|
2/9/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
14,342
|
14,886
|
13,538
|
14,583
|
14,812
|
15,121
|
12,225
|
13,865
|
13,927
|
14,301
|
12,310
|
14,031
|
14,181
|
14,707
|
13,254
|
EBITDA
1 |
7,559
|
7,506
|
7,156
|
7,643
|
8,090
|
8,072
|
5,682
|
6,710
|
6,706
|
6,447
|
5,444
|
7,100
|
6,877
|
7,049
|
-
|
EBIT
1 |
7,336
|
7,333
|
6,958
|
7,440
|
7,909
|
7,876
|
5,503
|
6,520
|
6,510
|
6,260
|
2,798
|
6,883
|
6,685
|
6,804
|
6,659
|
Operating Margin
|
51.15%
|
49.26%
|
51.4%
|
51.02%
|
53.4%
|
52.09%
|
45.01%
|
47.02%
|
46.74%
|
43.77%
|
22.73%
|
49.06%
|
47.14%
|
46.26%
|
50.24%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
475
|
2,610
|
1,953
|
1,212
|
1,755
|
3,781
|
3,532
|
3,979
|
-
|
Net income
1 |
3,179
|
4,044
|
4,490
|
924
|
3,949
|
2,473
|
239
|
2,024
|
1,778
|
822
|
1,369
|
2,145
|
1,932
|
2,084
|
1,115
|
Net margin
|
22.17%
|
27.17%
|
33.17%
|
6.34%
|
26.66%
|
16.35%
|
1.96%
|
14.6%
|
12.77%
|
5.75%
|
11.12%
|
15.29%
|
13.63%
|
14.17%
|
8.41%
|
EPS
2 |
1.780
|
2.260
|
2.510
|
0.5100
|
2.210
|
1.380
|
0.1300
|
1.140
|
1.000
|
0.4600
|
0.7700
|
1.572
|
1.330
|
1.392
|
0.6200
|
Dividend per Share
2 |
1.300
|
1.410
|
1.410
|
1.410
|
1.410
|
1.480
|
1.480
|
1.480
|
1.480
|
1.550
|
1.546
|
1.546
|
1.546
|
1.546
|
1.605
|
Announcement Date
|
10/29/21
|
2/2/22
|
4/29/22
|
7/29/22
|
10/28/22
|
2/9/23
|
4/27/23
|
7/27/23
|
10/27/23
|
2/2/24
|
4/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
26,804
|
77,607
|
66,854
|
54,042
|
46,571
|
53,102
|
46,703
|
37,643
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.51
x
|
3.428
x
|
2.304
x
|
1.745
x
|
1.823
x
|
2.007
x
|
1.649
x
|
1.218
x
|
Free Cash Flow
1 |
12,772
|
16,790
|
21,990
|
24,248
|
22,062
|
19,377
|
23,638
|
25,588
|
ROE (net income / shareholders' equity)
|
-160%
|
188%
|
159%
|
151%
|
143%
|
162%
|
157%
|
171%
|
ROA (Net income/ Total Assets)
|
10.6%
|
3.85%
|
15.3%
|
17.2%
|
14.5%
|
11.6%
|
11.3%
|
13.5%
|
Assets
1 |
74,234
|
119,840
|
75,543
|
68,651
|
33,641
|
70,344
|
97,902
|
98,729
|
Book Value Per Share
2 |
-5.510
|
7.830
|
8.710
|
9.740
|
5.840
|
6.420
|
6.710
|
8.090
|
Cash Flow per Share
2 |
8.980
|
10.50
|
12.80
|
14.00
|
12.90
|
15.40
|
15.60
|
13.90
|
Capex
1 |
552
|
798
|
787
|
695
|
777
|
821
|
850
|
878
|
Capex / Sales
|
1.66%
|
1.74%
|
1.4%
|
1.2%
|
1.43%
|
1.49%
|
1.47%
|
1.41%
|
Announcement Date
|
2/7/20
|
2/3/21
|
2/2/22
|
2/9/23
|
2/2/24
|
-
|
-
|
-
|
Last Close Price
159.6
USD Average target price
182.6
USD Spread / Average Target +14.43% Consensus |
1st Jan change
|
Capi.
|
---|
| +26.47% | 661B | | +26.74% | 566B | | -6.33% | 352B | | +19.35% | 332B | | +13.43% | 231B | | +4.71% | 200B | | -9.53% | 195B | | -4.04% | 145B | | -10.94% | 144B |
Other Pharmaceuticals
|