Market Closed -
Borsa Italiana
11:44:59 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
4.412
EUR
|
+1.99%
|
|
+5.45%
|
+10.13%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,696
|
1,388
|
1,594
|
1,224
|
1,267
|
1,396
|
-
|
-
|
Enterprise Value (EV)
1 |
1,920
|
1,538
|
1,569
|
1,221
|
1,267
|
1,494
|
1,423
|
1,396
|
P/E ratio
|
11.8
x
|
9.03
x
|
6.9
x
|
10.9
x
|
8.94
x
|
9.59
x
|
9.12
x
|
8.46
x
|
Yield
|
4.45%
|
5.67%
|
6.24%
|
5.88%
|
-
|
5.96%
|
6.04%
|
6.46%
|
Capitalization / Revenue
|
4.73
x
|
3.65
x
|
3.35
x
|
3.57
x
|
3.44
x
|
3.51
x
|
3.48
x
|
3.34
x
|
EV / Revenue
|
5.36
x
|
4.05
x
|
3.3
x
|
3.56
x
|
3.44
x
|
3.75
x
|
3.55
x
|
3.34
x
|
EV / EBITDA
|
6.91
x
|
5.14
x
|
4.04
x
|
4.78
x
|
4.76
x
|
5.16
x
|
4.99
x
|
4.58
x
|
EV / FCF
|
9.71
x
|
6.86
x
|
3.82
x
|
15.3
x
|
-
|
8.9
x
|
8.13
x
|
-
|
FCF Yield
|
10.3%
|
14.6%
|
26.2%
|
6.53%
|
-
|
11.2%
|
12.3%
|
-
|
Price to Book
|
1.33
x
|
1.13
x
|
1.09
x
|
0.94
x
|
-
|
0.92
x
|
0.86
x
|
0.82
x
|
Nbr of stocks (in thousands)
|
368,636
|
357,488
|
355,030
|
327,042
|
316,382
|
316,382
|
-
|
-
|
Reference price
2 |
4.602
|
3.882
|
4.490
|
3.742
|
4.006
|
4.412
|
4.412
|
4.412
|
Announcement Date
|
2/20/20
|
3/1/21
|
3/1/22
|
2/6/23
|
2/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
358.3
|
380.2
|
475.2
|
343
|
368
|
398.1
|
400.8
|
418.3
|
EBITDA
1 |
277.7
|
299.1
|
388.6
|
255.3
|
266
|
289.7
|
285.1
|
304.7
|
EBIT
1 |
222.3
|
240.2
|
328.7
|
196.1
|
214.5
|
232.9
|
231.4
|
245.7
|
Operating Margin
|
62.05%
|
63.19%
|
69.17%
|
57.15%
|
58.27%
|
58.5%
|
57.73%
|
58.75%
|
Earnings before Tax (EBT)
1 |
204.9
|
230.2
|
315.2
|
185
|
219.8
|
234.8
|
231.7
|
247.6
|
Net income
1 |
145.8
|
155.4
|
238.7
|
120.8
|
148.9
|
156
|
156
|
164.4
|
Net margin
|
40.7%
|
40.87%
|
50.22%
|
35.21%
|
40.45%
|
39.18%
|
38.92%
|
39.31%
|
EPS
2 |
0.3890
|
0.4300
|
0.6510
|
0.3440
|
0.4480
|
0.4600
|
0.4840
|
0.5213
|
Free Cash Flow
1 |
197.6
|
224.3
|
410.6
|
79.75
|
-
|
168
|
175
|
-
|
FCF margin
|
55.15%
|
58.99%
|
86.41%
|
23.25%
|
-
|
42.2%
|
43.66%
|
-
|
FCF Conversion (EBITDA)
|
71.17%
|
74.99%
|
105.67%
|
31.23%
|
-
|
57.99%
|
61.39%
|
-
|
FCF Conversion (Net income)
|
135.52%
|
144.34%
|
172.05%
|
66.02%
|
-
|
107.71%
|
112.2%
|
-
|
Dividend per Share
2 |
0.2050
|
0.2200
|
0.2800
|
0.2200
|
-
|
0.2628
|
0.2666
|
0.2852
|
Announcement Date
|
2/20/20
|
3/1/21
|
3/1/22
|
2/6/23
|
2/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
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
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
195.8
|
185.7
|
232.5
|
106.2
|
136.5
|
88.57
|
86.2
|
174.8
|
82.2
|
86.08
|
80.92
|
81.46
|
162.4
|
86.4
|
119.3
|
114.7
|
-
|
-
|
-
|
-
|
EBITDA
1 |
-
|
144.9
|
188.2
|
84.72
|
115.7
|
67.71
|
64.7
|
132.4
|
60.98
|
61.94
|
58.58
|
57.94
|
116.5
|
-
|
87.67
|
88.2
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
114.6
|
162.1
|
71.64
|
94.96
|
53.12
|
46.42
|
99.54
|
44.93
|
51.58
|
46.06
|
45.02
|
91.08
|
47.83
|
75.55
|
72.73
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
61.73%
|
69.74%
|
67.44%
|
69.56%
|
59.98%
|
53.85%
|
56.96%
|
54.67%
|
59.92%
|
56.92%
|
55.27%
|
56.09%
|
55.36%
|
63.35%
|
63.39%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
109.4
|
156
|
68.12
|
91.11
|
49.8
|
43.1
|
92.9
|
41.72
|
50.35
|
45.21
|
49.26
|
94.48
|
48.63
|
76.72
|
73.4
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
72.6
|
129.8
|
46.45
|
62.36
|
30.3
|
29.15
|
59.45
|
27.13
|
34.22
|
30.21
|
33.01
|
63.22
|
33.16
|
52.49
|
50.07
|
-
|
-
|
-
|
33.2
|
Net margin
|
-
|
39.11%
|
55.86%
|
43.73%
|
45.68%
|
34.21%
|
33.81%
|
34.01%
|
33.01%
|
39.75%
|
37.34%
|
40.53%
|
38.94%
|
38.39%
|
44.01%
|
43.64%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
0.1220
|
0.1687
|
0.0840
|
0.0830
|
-
|
0.0780
|
0.0990
|
0.0902
|
0.0990
|
-
|
0.0990
|
-
|
0.1018
|
0.0988
|
0.0997
|
0.1284
|
0.0994
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.2800
|
-
|
-
|
-
|
-
|
0.2200
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2358
|
-
|
Announcement Date
|
2/20/20
|
7/30/20
|
7/30/21
|
11/3/21
|
3/1/22
|
5/4/22
|
7/29/22
|
7/29/22
|
11/7/22
|
2/6/23
|
5/5/23
|
8/2/23
|
8/2/23
|
11/3/23
|
2/6/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
223
|
151
|
-
|
-
|
-
|
98.6
|
26.8
|
-
|
Net Cash position
1 |
-
|
-
|
25.2
|
2.96
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.8043
x
|
0.5039
x
|
-
|
-
|
-
|
0.3402
x
|
0.0939
x
|
-
|
Free Cash Flow
1 |
198
|
224
|
411
|
79.8
|
-
|
168
|
175
|
-
|
ROE (net income / shareholders' equity)
|
11.7%
|
12.1%
|
17.3%
|
8.5%
|
-
|
11.9%
|
11.6%
|
11%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
3.460
|
3.450
|
4.140
|
3.960
|
-
|
4.790
|
5.100
|
5.370
|
Cash Flow per Share
|
-
|
-
|
1.130
|
0.2400
|
-
|
-
|
-
|
-
|
Capex
1 |
3.74
|
3.71
|
2.43
|
4.05
|
-
|
8
|
8
|
-
|
Capex / Sales
|
1.04%
|
0.98%
|
0.51%
|
1.18%
|
-
|
2.01%
|
2%
|
-
|
Announcement Date
|
2/20/20
|
3/1/21
|
3/1/22
|
2/6/23
|
2/6/24
|
-
|
-
|
-
|
Last Close Price
4.412
EUR Average target price
4.831
EUR Spread / Average Target +9.50% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.13% | 1.49B | | +15.32% | 84.55B | | +12.36% | 26.01B | | -6.65% | 17.28B | | +13.32% | 16.57B | | +6.74% | 14.28B | | -16.11% | 13.16B | | +16.00% | 9.52B | | +26.11% | 8.75B | | +27.22% | 7.13B |
Investment Management
|