Cash flow Ariston Holding N.V.

Equities

ARIS

NL0015000N33

Electrical Components & Equipment

Market Closed - Borsa Italiana Other stock markets 11:45:00 2026-02-06 am EST			5-day change	1st Jan Change
4.986 ^EUR	+0.12%		+4.97%	+11.89%

Feb. 06	Bearish Start for Milan; FinecoBank Raises Dividend	AN
Jan. 19	Ariston Acquires 29,747 Own Shares for Over EUR130,000	AN

c8f9c36194da902df.EKSVfUTcXRQbG46W-5nzgMzFYsXbpznITUfEHtrHfOs.Ve7lCAuKOCIrd_7Js6642eH3VIm3yXOfOXeQaOqyPY5Pxqw5IakKQCxX4Q

Published financial data: ARISTON HOLDING N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.66B	1.99B	2.38B	3.09B	2.63B
Other Revenues, Total	-	34.1M	42.7M	58.3M	47.4M
Total Revenues	1.66B	2.02B	2.42B	3.15B	2.68B
Cost of Goods Sold, Total	985M	1.26B	1.57B	1.87B	1.61B
Gross Profit	679M	761M	852M	1.28B	1.07B
Selling General & Admin Expenses, Total	429M	466M	521M	761M	744M
Provision for Bad Debts	1.38M	-	-	-	-
Depreciation & Amortization - (IS)	-	-	-	131M	140M
Amortization of Goodwill and Intangible Assets - (IS)	77.68M	75.8M	89.8M	-	-
Other Operating Expenses	23.14M	43.2M	44.2M	99.8M	75.7M
Other Operating Expenses, Total	531M	585M	655M	992M	960M
Operating Income	148M	176M	197M	284M	108M
Interest Expense, Total	-9.87M	-9.1M	-12.2M	-35.8M	-41.2M
Interest And Investment Income	1.71M	1.6M	2.9M	6.2M	6.2M
Net Interest Expenses	-8.16M	-7.5M	-9.3M	-29.6M	-35M
Currency Exchange Gains (Loss)	-3.45M	4.1M	-8.9M	1.5M	-5.5M
Other Non Operating Income (Expenses)	-3.64M	0	600K	700K	100K
EBT, Excl. Unusual Items	133M	173M	179M	256M	67.4M
Restructuring Charges	-1.44M	-1.6M	-600K	1.6M	-5.7M
Merger & Related Restructuring Charges	-	-	-	-	-1.7M
Gain (Loss) On Sale Of Investments	-1.33M	-1.9M	4.7M	-1.3M	-4.6M
Gain (Loss) On Sale Of Assets	1M	-	-	-	-35.7M
Asset Writedown	-	-1.7M	-3.8M	-1.1M	-5.1M
Legal Settlements	-1.28M	-2.2M	400K	-2.1M	-900K
Other Unusual Items	2M	-	-	-	-
EBT, Incl. Unusual Items	132M	165M	180M	254M	13.7M
Income Tax Expense	35.23M	29.1M	39.5M	62.4M	11.4M
Earnings From Continuing Operations	96.69M	136M	140M	191M	2.3M
Net Income to Company	96.69M	136M	140M	191M	2.3M
Minority Interest	-	200K	-100K	-	200K
Net Income - (IS)	96.69M	136M	140M	191M	2.5M
Net Income to Common Incl Extra Items	96.69M	136M	140M	191M	2.5M
Net Income to Common Excl. Extra Items	96.69M	136M	140M	191M	2.5M
Per Share Items
Net EPS - Basic	3.41	0.47	0.43	0.52	0.01
Basic EPS - Continuing Operations	3.41	0.47	0.43	0.52	0.01
Basic Weighted Average Shares Outstanding	28.39M	293M	330M	371M	370M
Net EPS - Diluted	3.41	0.46	0.42	0.51	0.01
Diluted EPS - Continuing Operations	3.41	0.46	0.42	0.51	0.01
Diluted Weighted Average Shares Outstanding	28.39M	295M	331M	372M	370M
Normalized Basic EPS	2.93	0.37	0.34	0.43	0.11
Normalized Diluted EPS	2.93	0.37	0.34	0.43	0.11
Dividend Per Share	-	0.14	0.13	0.17	0.08
Payout Ratio	29.42	35.38	33.07	25.26	2.52K
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	202M	217M	246M	391M	188M
EBITA	166M	180M	206M	304M	128M
EBIT	148M	176M	197M	284M	108M
EBITDAR	214M	233M	266M	426M	226M
Total Revenues (As Reported)	1.69B	-	2.42B	3.15B	2.68B
Effective Tax Rate - (Ratio)	26.7	17.59	21.96	24.61	83.21
Total Current Taxes	39.46M	54.7M	41.3M	72.3M	21.9M
Total Deferred Taxes	-4.23M	-25.6M	-1.7M	-9.9M	-10.5M
Normalized Net Income	83.11M	108M	112M	160M	42.32M
Interest on Long-Term Debt	8.22M	1.4M	1.9M	2.9M	3.6M
Non-Cash Pension Expense	1.03M	-500K	100K	3.2M	2.9M
Supplemental Operating Expense Items
Advertising Expense	28.8M	37.4M	41.2M	47.6M	36.3M
Selling and Marketing Expenses	28.8M	37.4M	41.2M	47.6M	36.3M
Research And Development Expense From Footnotes	-	7.5M	7.3M	11.4M	12.2M
Net Rental Expense, Total	12.3M	15.9M	19.8M	35.7M	37.6M
Imputed Operating Lease Interest Expense	1.75M	2.11M	2.7M	10.14M	12.31M
Imputed Operating Lease Depreciation	10.55M	13.79M	17.1M	25.56M	25.29M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	452M	690M	999M	451M	351M
Short Term Investments	7.91M	9M	-	-	-
Trading Asset Securities, Total	-	-	32.6M	16.5M	8M
Total Cash And Short Term Investments	460M	699M	1.03B	468M	359M
Accounts Receivable, Total	228M	248M	308M	361M	334M
Other Receivables	44.81M	64.3M	61M	112M	80.7M
Total Receivables	273M	313M	369M	473M	415M
Inventory	265M	382M	477M	619M	470M
Prepaid Expenses	-	7.1M	8.8M	12.3M	11.3M
Other Current Assets, Total	6.79M	18.9M	25.2M	30.2M	21.4M
Total Current Assets	1.01B	1.42B	1.91B	1.6B	1.28B
Gross Property Plant And Equipment	994M	1.07B	1.15B	1.41B	1.46B
Accumulated Depreciation	-652M	-698M	-747M	-795M	-809M
Net Property Plant And Equipment	341M	372M	405M	620M	648M
Long-term Investments	3.88M	7.6M	8.5M	10.4M	10.2M
Goodwill	286M	295M	313M	894M	898M
Other Intangibles, Total	106M	94.3M	112M	570M	558M
Deferred Tax Assets Long-Term	58.3M	102M	101M	115M	122M
Deferred Charges Long-Term	-	18.7M	17.5M	48.5M	45.4M
Other Long-Term Assets, Total	12.92M	7.5M	8.9M	9M	8M
Total Assets	1.81B	2.32B	2.88B	3.87B	3.57B
Liabilities
Accounts Payable, Total	364M	477M	481M	464M	444M
Accrued Expenses, Total	92.35M	109M	123M	164M	136M
Short-term Borrowings	29.64M	22.9M	21.6M	48.6M	29.8M
Current Portion of Long-Term Debt	192M	30.5M	43.2M	73.8M	118M
Current Income Taxes Payable	8.48M	27.2M	30.6M	54.6M	34M
Unearned Revenue Current, Total	6.98M	56.5M	52.3M	85.8M	93.9M
Other Current Liabilities	101M	97M	75.7M	133M	94.1M
Total Current Liabilities	794M	820M	827M	1.02B	950M
Long-Term Debt	390M	446M	865M	942M	800M
Pension & Other Post Retirement Benefits	58.26M	51.7M	38.6M	87.2M	85M
Deferred Tax Liability Non Current	32.15M	50.8M	61.8M	214M	209M
Other Non Current Liabilities	92.1M	69.6M	73.3M	97.9M	97.4M
Total Liabilities	1.37B	1.44B	1.87B	2.37B	2.14B
Common Stock, Total	41.84M	46M	46.1M	46.5M	46.5M
Additional Paid In Capital	-	294M	313M	711M	711M
Retained Earnings	532M	542M	648M	776M	714M
Treasury Stock	-13.45M	-	-12.5M	-14.8M	-22.1M
Comprehensive Income and Other	-114M	-3.1M	15.6M	-16.5M	-23.9M
Total Common Equity	447M	878M	1.01B	1.5B	1.43B
Minority Interest	-	-200K	2.2M	-100K	-700K
Total Equity	447M	878M	1.01B	1.5B	1.43B
Total Liabilities And Equity	1.81B	2.32B	2.88B	3.87B	3.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.39M	329M	330M	348M	346M
ECS Total Common Shares Outstanding	28.39M	329M	330M	348M	346M
Book Value / Share	15.73	2.67	3.06	4.31	4.12
Tangible Book Value	55.08M	489M	585M	38.7M	-30M
Tangible Book Value Per Share	1.94	1.49	1.77	0.11	-0.09
Total Debt	611M	500M	930M	1.06B	948M
Net Debt	151M	-199M	-102M	597M	590M
Debt Equivalent of Unfunded Proj. Benefit Obligation	54.12M	29.5M	15.5M	71.2M	59M
Debt Equivalent Oper. Leases	98.36M	127M	158M	286M	301M
Minority Interest, Total (Incl. Fin. Div)	-	-200K	2.2M	-100K	-700K
Equity Method Investments, Total	-	2.4M	2.4M	6M	5.1M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	86.07M	136M	170M	221M	199M
Inventories - Work In Process, Total	11.41M	15.2M	22.3M	43.4M	34.7M
Inventories - Finished Goods, Total	206M	272M	334M	422M	320M
Land - (BS)	290M	236M	251M	333M	346M
Machinery, Total	399M	411M	442M	483M	485M
Full Time Employees	7.42K	7.52K	7.65K	9.06K	9.95K
Part Time Employees	-	227	326	997	-
Accumulated Allowance for Doubtful Accounts (Supple)	18.78M	19M	17M	21.2M	22.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	96.69M	136M	140M	191M	2.5M
Depreciation & Amortization - CF	59.81M	58M	65.6M	86.3M	92.5M
Amortization of Goodwill and Intangible Assets - (CF)	17.87M	4.2M	8.7M	20.6M	20.3M
Depreciation & Amortization, Total	77.68M	62.2M	74.3M	107M	113M
Amortization of Deferred Charges, Total - (CF)	-	13.6M	15.5M	24.5M	26.8M
Asset Writedown & Restructuring Costs	-	1.7M	4.4M	-500K	10.8M
Provision and Write-off of Bad Debts	-	-	-600K	3.7M	3M
Other Operating Activities, Total	38.5M	15M	31.8M	86.2M	50.2M
Change In Accounts Receivable	-666K	-17.5M	-21.2M	-5.3M	23.6M
Change In Inventories	-3.3M	-108M	-67.6M	-32.3M	119M
Change In Accounts Payable	40.22M	112M	-27M	-26.2M	-43.4M
Change in Other Net Operating Assets	2.25M	-25M	-19M	-44.7M	1.2M
Cash from Operations	251M	191M	131M	304M	306M
Capital Expenditure	-30.7M	-59M	-57.6M	-128M	-82.1M
Sale of Property, Plant, and Equipment	3.27M	1.4M	900K	700K	4.7M
Cash Acquisitions	-	-	-25.8M	-547M	-25.5M
Divestitures	222K	-	-	-	-
Sale (Purchase) of Intangible assets	-13.81M	-19.1M	-21M	-30.2M	-33.7M
Investment in Marketable and Equity Securities, Total	-26.92M	-8.1M	-30.3M	-4.9M	-4.9M
Other Investing Activities, Total	-16.56M	100K	-	-100K	6.9M
Cash from Investing	-84.5M	-84.7M	-134M	-710M	-135M
Short Term Debt Issued, Total	-	-	6.4M	14.5M	-
Long-Term Debt Issued, Total	187M	205M	450M	389M	2.3M
Total Debt Issued	187M	205M	457M	403M	2.3M
Short Term Debt Repaid, Total	-4.75M	-2.5M	-	-	-47.7M
Long-Term Debt Repaid, Total	-63.39M	-335M	-62.8M	-445M	-104M
Total Debt Repaid	-68.14M	-337M	-62.8M	-445M	-151M
Issuance of Common Stock	-	294M	-	-	-
Repurchase of Common Stock	-	-	-12.5M	-8.7M	-11.8M
Common Dividends Paid	-28.44M	-48.3M	-46.4M	-48.3M	-63.1M
Common & Preferred Stock Dividends Paid	-28.44M	-48.3M	-46.4M	-48.3M	-63.1M
Special Dividend Paid	-100M	-	-	-	-
Other Financing Activities, Total	-6.81M	-11.8M	-13.1M	-24.8M	-40.5M
Cash from Financing	-16.56M	102M	322M	-123M	-264M
Foreign Exchange Rate Adjustments	-	16.9M	2.8M	-7.8M	-2.4M
Miscellaneous Cash Flow Adjustments	1K	-	-	100K	-
Net Change in Cash	150M	225M	322M	-538M	-94.8M
Supplemental Items
Cash Interest Paid	-	-	7.4M	30.3M	37.6M
Cash Income Tax Paid (Refund)	32.97M	39.5M	35.4M	74M	51.2M
Levered Free Cash Flow	174M	104M	-19.32M	66.66M	199M
Unlevered Free Cash Flow	180M	110M	-11.7M	89.04M	225M
Change In Net Working Capital	-54.64M	-1.7M	146M	61.2M	-134M
Net Debt Issued / Repaid	119M	-132M	394M	-41.6M	-149M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.22	5.32	4.73	5.26	1.81
Return on Total Capital	8.91	9.09	7.41	7.83	2.73
Return On Equity %	19.96	20.58	14.85	15.21	0.16
Return on Common Equity	19.96	20.61	14.86	15.22	0.17
Margin Analysis
Gross Profit Margin %	40.82	37.65	35.17	40.52	39.82
SG&A Margin	25.77	23.05	21.51	24.16	27.76
EBITDA Margin %	12.15	10.74	10.15	12.41	7.01
EBITA Margin %	9.98	8.92	8.49	9.67	4.78
EBIT Margin %	8.91	8.72	8.13	9.01	4.02
Income From Continuing Operations Margin %	5.81	6.74	5.8	6.07	0.09
Net Income Margin %	5.81	6.75	5.79	6.07	0.09
Net Avail. For Common Margin %	5.81	6.75	5.79	6.07	0.09
Normalized Net Income Margin	4.99	5.35	4.62	5.09	1.58
Levered Free Cash Flow Margin	10.47	5.14	-0.8	2.12	7.43
Unlevered Free Cash Flow Margin	10.84	5.42	-0.48	2.83	8.39
Asset Turnover
Asset Turnover	0.94	0.98	0.93	0.93	0.72
Fixed Assets Turnover	4.68	5.66	6.23	6.15	4.23
Receivables Turnover (Average Receivables)	7.15	8.21	8.55	9.23	7.57
Inventory Turnover (Average Inventory)	3.64	3.89	3.66	3.42	2.96
Short Term Liquidity
Current Ratio	1.27	1.73	2.31	1.56	1.34
Quick Ratio	0.92	1.23	1.69	0.92	0.81
Operating Cash Flow to Current Liabilities	0.32	0.23	0.16	0.3	0.32
Days Sales Outstanding (Average Receivables)	51.18	44.46	42.71	39.53	48.32
Days Outstanding Inventory (Average Inventory)	100.62	93.76	99.83	106.73	123.61
Average Days Payable Outstanding	130.58	111.52	105.09	85.56	113.47
Cash Conversion Cycle (Average Days)	21.22	26.7	37.45	60.7	58.46
Long Term Solvency
Total Debt/Equity	136.89	56.92	91.88	70.85	66.54
Total Debt / Total Capital	57.79	36.27	47.88	41.47	39.96
LT Debt/Equity	87.31	50.84	85.48	62.7	56.14
Long-Term Debt / Total Capital	36.86	32.4	44.55	36.7	33.71
Total Liabilities / Total Assets	75.37	62.1	64.84	61.16	60.04
EBIT / Interest Expense	15.02	19.36	16.13	7.93	2.62
EBITDA / Interest Expense	22.9	26.2	22.22	10.92	5.35
(EBITDA - Capex) / Interest Expense	19.78	19.71	17.5	7.33	3.36
Total Debt / EBITDA	2.71	2.1	3.43	2.72	4.3
Net Debt / EBITDA	0.67	-0.83	-0.38	1.53	2.67
Total Debt / (EBITDA - Capex)	3.13	2.79	4.36	4.06	6.85
Net Debt / (EBITDA - Capex)	0.77	-1.11	-0.48	2.27	4.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.7	19.48	19.79	30.09	-14.92
Gross Profit, 1 Yr. Growth %	0.95	8.19	11.88	46.89	-16.38
EBITDA, 1 Yr. Growth %	7.92	5.7	6.46	36.31	-47.92
EBITA, 1 Yr. Growth %	9.33	19.15	-10.96	54.65	-57.93
EBIT, 1 Yr. Growth %	9.24	16.38	11.63	44.18	-62.03
Earnings From Cont. Operations, 1 Yr. Growth %	8.62	40.95	3.01	36.18	-98.8
Net Income, 1 Yr. Growth %	8.62	41.16	2.78	36.28	-98.69
Normalized Net Income, 1 Yr. Growth %	8.13	27.2	3.42	43.26	-73.7
Diluted EPS Before Extra, 1 Yr. Growth %	8.62	-86.49	-8.7	21.43	-98.67
Accounts Receivable, 1 Yr. Growth %	-4.15	5.3	24.2	17.15	-7.58
Inventory, 1 Yr. Growth %	-3.79	43.88	24.82	29.82	-24.01
Net Property, Plant and Equip., 1 Yr. Growth %	-7.6	9.11	8.81	52.89	4.68
Total Assets, 1 Yr. Growth %	4.47	27.14	24.23	34.38	-7.79
Tangible Book Value, 1 Yr. Growth %	-50.43	547.09	19.54	-93.38	-177.52
Common Equity, 1 Yr. Growth %	-14.54	96.71	14.98	48.77	-5.11
Cash From Operations, 1 Yr. Growth %	29.73	-24.77	-31.36	131.86	0.99
Capital Expenditures, 1 Yr. Growth %	-30.8	92.18	-2.37	122.92	-36.06
Levered Free Cash Flow, 1 Yr. Growth %	-	-46.02	-122.52	-190.99	296.76
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-45.01	-112.79	-235.65	209.87
Dividend Per Share, 1 Yr. Growth %	-	-	-7.14	30.77	-52.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	8.72	19.63	24.83	5.2
Gross Profit, 2 Yr. CAGR %	-	6.36	10.02	29.49	10.83
EBITDA, 2 Yr. CAGR %	-	7.65	9.37	30.12	-19.02
EBITA, 2 Yr. CAGR %	-	8.97	16.5	14.86	-19.34
EBIT, 2 Yr. CAGR %	-	13.96	14.01	26.9	-26.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-	23.74	20.5	18.44	-87.2
Net Income, 2 Yr. CAGR %	-	23.83	20.45	18.35	-86.65
Normalized Net Income, 2 Yr. CAGR %	-	18.65	14.7	21.72	-38.5
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-61.7	-64.88	5.29	-87.31
Accounts Receivable, 2 Yr. CAGR %	-	2.22	14.36	20.63	4.05
Inventory, 2 Yr. CAGR %	-	17.66	34.01	27.3	-0.67
Net Property, Plant and Equip., 2 Yr. CAGR %	-	0.4	8.96	28.98	26.51
Total Assets, 2 Yr. CAGR %	-	15.54	25.68	29.21	11.31
Tangible Book Value, 2 Yr. CAGR %	-	109.81	178.15	-71.88	-77.35
Common Equity, 2 Yr. CAGR %	-	29.65	50.4	30.79	18.81
Cash From Operations, 2 Yr. CAGR %	-	-0.79	-28.14	26.15	53.02
Capital Expenditures, 2 Yr. CAGR %	-	15.32	36.98	47.52	19.39
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-68.3	-11.86	64.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-75.76	-1.35	85.05
Dividend Per Share, 2 Yr. CAGR %	-	-	-	10.19	-21.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	12.29	23.02	9.86
Gross Profit, 3 Yr. CAGR %	-	-	8.17	21.96	11.93
EBITDA, 3 Yr. CAGR %	-	-	9.46	23.91	-6.61
EBITA, 3 Yr. CAGR %	-	-	10.6	26.23	-17.82
EBIT, 3 Yr. CAGR %	-	-	13.2	23.31	-15.12
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	16.4	25.51	-74.35
Net Income, 3 Yr. CAGR %	-	-	16.38	25.51	-73.64
Normalized Net Income, 3 Yr. CAGR %	-	-	13.34	23.52	-26.87
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-48.83	-46.9	-75.51
Accounts Receivable, 3 Yr. CAGR %	-	-	9.08	15.29	10.38
Inventory, 3 Yr. CAGR %	-	-	20	32.6	7.19
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	3.13	21.98	20.31
Total Assets, 3 Yr. CAGR %	-	-	18.37	28.51	15.46
Tangible Book Value, 3 Yr. CAGR %	-	-	73.95	-20	-60.57
Common Equity, 3 Yr. CAGR %	-	-	24.57	49.86	17.52
Cash From Operations, 3 Yr. CAGR %	-	-	-12.25	6.18	17.14
Capital Expenditures, 3 Yr. CAGR %	-	-	9.09	61.12	11.64
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-29.76	32.38
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-23.54	34.94
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-17.02
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	9.4
Gross Profit, 5 Yr. CAGR %	-	-	-	-	9.67
EBITDA, 5 Yr. CAGR %	-	-	-	-	0.07
EBITA, 5 Yr. CAGR %	-	-	-	-	-3.35
EBIT, 5 Yr. CAGR %	-	-	-	-	-4.5
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-51.87
Net Income, 5 Yr. CAGR %	-	-	-	-	-51.06
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-11.25
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-70.71
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	7.04
Inventory, 5 Yr. CAGR %	-	-	-	-	11.26
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	11.91
Total Assets, 5 Yr. CAGR %	-	-	-	-	15.5
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-23.04
Common Equity, 5 Yr. CAGR %	-	-	-	-	22.24
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	9.61
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	13.1