Financials Adevinta ASA

Equities

ADE

NO0010844038

Internet Services

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
113.1 NOK -0.96% Intraday chart for Adevinta ASA -0.35% +0.62%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,213 9,402 14,389 7,600 12,195 11,686 - -
Enterprise Value (EV) 2 7,343 9,872 16,713 9,799 14,004 12,991 12,523 11,640
P/E ratio 114 x -140 x -194 x -4.2 x -81.6 x 39.3 x 28.2 x 21.7 x
Yield - - - - - - - -
Capitalization / Revenue 9.75 x 14 x 12.6 x 4.62 x 6.68 x 5.7 x 5.09 x 4.51 x
EV / Revenue 9.93 x 14.7 x 14.7 x 5.96 x 7.67 x 6.34 x 5.46 x 4.5 x
EV / EBITDA 36.8 x 54.1 x 46.9 x 16.9 x 21.5 x 16.7 x 13.7 x 11 x
EV / FCF 85.8 x 161 x 156 x 37.3 x 40.4 x 25.2 x 21.6 x -
FCF Yield 1.17% 0.62% 0.64% 2.68% 2.48% 3.97% 4.62% -
Price to Book 4.62 x 8.36 x 1.01 x 0.85 x - 1.34 x 1.28 x 1.22 x
Nbr of stocks (in thousands) 684,949 684,896 1,223,575 1,215,636 1,218,183 1,218,221 - -
Reference price 3 104.0 144.0 117.3 65.60 112.4 113.1 113.1 113.1
Announcement Date 2/12/20 2/11/21 2/24/22 2/23/23 2/29/24 - - -
1NOK in Million2EUR in Million3NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 739.5 673.5 1,139 1,644 1,826 2,049 2,295 2,589
EBITDA 1 199.5 182.5 356 579 651 778.6 914 1,060
EBIT 1 122.8 55.9 200 95 351 539.5 690.4 824
Operating Margin 16.61% 8.3% 17.56% 5.78% 19.22% 26.33% 30.08% 31.83%
Earnings before Tax (EBT) 1 116.7 -38.8 -35 -1,676 -91 420.6 580.5 783.2
Net income 1 64 -71.6 -54 -1,752 -142 293.5 429.2 555.6
Net margin 8.65% -10.63% -4.74% -106.57% -7.78% 14.32% 18.7% 21.46%
EPS 2 0.9092 -1.026 -0.6047 -15.63 -1.377 2.876 4.004 5.204
Free Cash Flow 1 85.6 61.2 107 263 347 516.2 578.7 -
FCF margin 11.58% 9.09% 9.39% 16% 19% 25.19% 25.22% -
FCF Conversion (EBITDA) 42.91% 33.53% 30.06% 45.42% 53.3% 66.3% 63.32% -
FCF Conversion (Net income) 133.75% - - - - 175.89% 134.84% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/12/20 2/11/21 2/24/22 2/23/23 2/29/24 - - -
1EUR in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

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 1 386 394 387 417 408 431 435 465 454 472 478.9 512.5 504.6 525 -
EBITDA 1 127 124 125 146 141 149 145 177 171 159 169 201 187 181 -
EBIT 1 43 60 60 47 -38 31 52 75 62 81 104 118.7 126.8 107 -
Operating Margin 11.14% 15.23% 15.5% 11.27% -9.31% 7.19% 11.95% 16.13% 13.66% 17.16% 21.72% 23.17% 25.13% 20.38% -
Earnings before Tax (EBT) 1 14 5 72 25 -48 -1,726 38 63 41 -233 85.06 112.6 101.7 102.2 -
Net income 1 1 26 72 -14 -54 -1,755 16 45 38 -241 56.19 75.81 66.97 66.12 -
Net margin 0.26% 6.6% 18.6% -3.36% -13.24% -407.19% 3.68% 9.68% 8.37% -51.06% 11.73% 14.79% 13.27% 12.59% -
EPS 2 - 0.2016 0.6157 -0.0975 -0.4136 -15.74 0.1179 0.4621 0.3494 -2.295 0.5340 0.6413 0.6035 0.6050 -
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/25/21 2/24/22 5/23/22 8/29/22 11/24/22 2/23/23 5/23/23 8/30/23 11/21/23 2/29/24 - - - - -
1EUR in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 130 470 2,324 2,199 1,809 1,305 837 -
Net Cash position 1 - - - - - - - 46
Leverage (Debt/EBITDA) 0.6526 x 2.575 x 6.528 x 3.798 x 2.779 x 1.676 x 0.9157 x -
Free Cash Flow 1 85.6 61.2 107 263 347 516 579 -
ROE (net income / shareholders' equity) 4.5% -5.25% 1.61% 0.27% 1.8% 3.61% 4.84% 6.08%
ROA (Net income/ Total Assets) 3% -2.63% -0.61% 0.2% 1.29% 3.08% 3.37% 4.72%
Assets 1 2,137 2,722 8,802 -886,640 -11,015 9,521 12,731 11,778
Book Value Per Share 2 22.50 17.20 116.0 76.90 - 84.30 88.20 92.90
Cash Flow per Share 2 1.980 1.530 2.060 3.140 4.530 4.900 6.070 8.440
Capex 1 48.5 43.5 77 89 120 118 127 142
Capex / Sales 6.56% 6.46% 6.76% 5.41% 6.57% 5.78% 5.51% 5.5%
Announcement Date 2/12/20 2/11/21 2/24/22 2/23/23 2/29/24 - - -
1EUR in Million2NOK
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
113.1 NOK
Average target price
113.9 NOK
Spread / Average Target
+0.75%
Consensus
  1. Stock Market
  2. Equities
  3. ADE Stock
  4. Financials Adevinta ASA