Financials AP Moller Maersk

Equities

MAERSK B

DK0010244508

Marine Freight & Logistics

Market Closed - Nasdaq Copenhagen 10:59:51 2024-04-15 am EDT 5-day change 1st Jan Change
9,684 DKK +0.39% Intraday chart for AP Moller Maersk +2.15% -20.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,033 41,980 64,215 39,319 28,541 21,441 - -
Enterprise Value (EV) 1 39,695 51,212 62,685 26,687 23,883 20,123 21,837 21,848
P/E ratio -360 x 15.5 x 3.81 x 1.41 x 7.92 x -26 x -36.6 x 70.2 x
Yield 1.53% 2.45% 10.7% 27.7% 4.12% 2.2% 1.51% 1.88%
Capitalization / Revenue 0.72 x 1.06 x 1.04 x 0.48 x 0.56 x 0.45 x 0.44 x 0.42 x
EV / Revenue 1.02 x 1.29 x 1.01 x 0.33 x 0.47 x 0.42 x 0.45 x 0.43 x
EV / EBITDA 6.95 x 6.23 x 2.61 x 0.72 x 2.49 x 3.68 x 3.78 x 3.17 x
EV / FCF 7.87 x 7.53 x 3.29 x 0.88 x 3.98 x -8.16 x -15.3 x -19.8 x
FCF Yield 12.7% 13.3% 30.4% 114% 25.1% -12.2% -6.53% -5.06%
Price to Book 1.08 x 1.48 x 1.5 x 0.64 x 0.56 x 0.44 x 0.45 x 0.44 x
Nbr of stocks (in thousands) 20,098 19,408 18,715 17,649 16,007 15,768 - -
Reference price 2 1,441 2,247 3,572 2,249 1,798 1,376 1,376 1,376
Announcement Date 2/20/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 38,890 39,740 61,787 81,529 51,065 48,065 48,879 51,028
EBITDA 1 5,712 8,226 24,036 36,813 9,591 5,471 5,771 6,898
EBIT 1 1,725 4,186 19,674 30,860 3,934 -662.7 -640.8 502.8
Operating Margin 4.44% 10.53% 31.84% 37.85% 7.7% -1.38% -1.31% 0.99%
Earnings before Tax (EBT) 1 967 3,307 18,730 30,231 4,362 -1,245 -441.9 576.3
Net income 1 -84 2,850 17,942 29,198 3,822 -1,054 -324.5 801.1
Net margin -0.22% 7.17% 29.04% 35.81% 7.48% -2.19% -0.66% 1.57%
EPS 2 -4.000 145.0 938.0 1,595 227.0 -52.98 -37.55 19.60
Free Cash Flow 1 5,045 6,804 19,046 30,313 5,997 -2,465 -1,427 -1,105
FCF margin 12.97% 17.12% 30.83% 37.18% 11.74% -5.13% -2.92% -2.17%
FCF Conversion (EBITDA) 88.32% 82.71% 79.24% 82.34% 62.53% - - -
FCF Conversion (Net income) - 238.74% 106.15% 103.82% 156.91% - - -
Dividend per Share 2 22.00 55.00 381.0 623.0 74.00 30.24 20.82 25.89
Announcement Date 2/20/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1USD in Million2USD
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 16,612 18,506 19,292 21,650 22,767 17,820 14,207 12,988 12,129 11,741 12,572 12,276 11,787 11,479 11,569
EBITDA 1 6,943 7,990 9,084 10,327 10,862 6,540 3,969 2,905 1,878 839 1,611 1,528 1,060 552.7 914
EBIT 1 5,859 6,634 7,273 8,988 9,477 5,122 2,326 1,607 538 -537 211 -20 -810.3 -1,039 -588
Operating Margin 35.27% 35.85% 37.7% 41.52% 41.63% 28.74% 16.37% 12.37% 4.44% -4.57% 1.68% -0.16% -6.87% -9.05% -5.08%
Earnings before Tax (EBT) 1 5,674 6,291 6,979 8,785 9,174 5,293 2,516 1,591 691 -436 199.3 -69.6 -632 -1,009 -430.6
Net income 1 5,438 6,094 6,776 8,593 8,879 4,950 2,284 1,453 521 -436 219.7 -72.26 -658.6 -1,074 -104.6
Net margin 32.74% 32.93% 35.12% 39.69% 39% 27.78% 16.08% 11.19% 4.3% -3.71% 1.75% -0.59% -5.59% -9.35% -0.9%
EPS 2 287.0 323.0 363.0 464.0 487.0 277.0 131.0 85.00 31.00 -27.00 13.69 11.88 -13.88 -36.68 -23.53
Dividend per Share 2 - 384.2 - - - 623.0 - - - 74.00 - - - - -
Announcement Date 11/2/21 2/9/22 5/4/22 8/3/22 11/2/22 2/8/23 5/4/23 8/4/23 11/3/23 2/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 11,662 9,232 - - - - 395 406
Net Cash position 1 - - 1,530 12,632 4,658 1,319 - -
Leverage (Debt/EBITDA) 2.042 x 1.122 x - - - - 0.0685 x 0.0589 x
Free Cash Flow 1 5,045 6,804 19,046 30,313 5,997 -2,465 -1,427 -1,105
ROE (net income / shareholders' equity) 1.67% 9.84% 48.6% 53.8% 6.48% -1.26% -0.48% 1.21%
ROA (Net income/ Total Assets) 0.9% 5.11% 28.2% 35.2% 4.35% -2.77% -1.67% -0.27%
Assets 1 -9,298 55,762 63,708 82,976 87,890 38,079 19,388 -300,437
Book Value Per Share 2 1,338 1,521 2,379 3,506 3,207 3,116 3,078 3,155
Cash Flow per Share 2 288.0 399.0 1,151 1,883 572.0 419.0 379.0 427.0
Capex 1 2,035 1,322 2,976 4,163 3,646 4,651 4,541 4,879
Capex / Sales 5.23% 3.33% 4.82% 5.11% 7.14% 9.68% 9.29% 9.56%
Announcement Date 2/20/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1USD in Million2USD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
1,376 USD
Average target price
1,684 USD
Spread / Average Target
+22.40%
Consensus
  1. Stock Market
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  4. Financials AP Moller Maersk