Financials AS Tallink Grupp

Equities

TAL1T

EE3100004466

Hotels, Motels & Cruise Lines

Market Closed - Nasdaq Tallinn 08:59:49 2024-04-15 am EDT 5-day change 1st Jan Change
0.726 EUR -1.36% Intraday chart for AS Tallink Grupp +0.97% +5.22%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 679.6 653.8 494.4 438.7 388.1 513.1
Enterprise Value (EV) 1 1,109 1,193 1,172 1,091 1,127 1,120
P/E ratio 17 x 13.2 x -4.56 x -7.24 x 27.9 x 6.51 x
Yield 4.93% - - - - 8.7%
Capitalization / Revenue 0.72 x 0.69 x 1.12 x 0.92 x 0.5 x 0.61 x
EV / Revenue 1.17 x 1.26 x 2.65 x 2.29 x 1.46 x 1.34 x
EV / EBITDA 7.77 x 7.65 x -26.1 x 39.9 x 10 x 5.7 x
EV / FCF 20.6 x 16.1 x -11 x 34.1 x -13 x 10.2 x
FCF Yield 4.84% 6.23% -9.05% 2.94% -7.67% 9.81%
Price to Book 0.79 x 0.79 x 0.69 x 0.63 x 0.55 x 0.65 x
Nbr of stocks (in thousands) 669,591 669,882 669,882 743,569 743,569 743,569
Reference price 2 1.015 0.9760 0.7380 0.5900 0.5220 0.6900
Announcement Date 4/25/19 4/20/20 4/29/21 4/5/22 4/3/23 4/4/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 949.7 949.1 442.9 476.9 771.4 835.3
EBITDA 1 142.7 156 -44.89 27.36 112.1 196.6
EBIT 1 63.4 74.79 -129.2 -50.71 34.31 113.3
Operating Margin 6.68% 7.88% -29.16% -10.63% 4.45% 13.56%
Earnings before Tax (EBT) 1 44.58 57.18 -110.6 -59 12.93 77.7
Net income 1 40.05 49.72 -108.3 -56.58 13.94 78.87
Net margin 4.22% 5.24% -24.45% -11.86% 1.81% 9.44%
EPS 2 0.0598 0.0742 -0.1617 -0.0815 0.0187 0.1060
Free Cash Flow 1 53.7 74.28 -106 32.04 -86.45 109.9
FCF margin 5.65% 7.83% -23.94% 6.72% -11.21% 13.15%
FCF Conversion (EBITDA) 37.64% 47.62% - 117.1% - 55.87%
FCF Conversion (Net income) 134.08% 149.41% - - - 139.31%
Dividend per Share 2 0.0500 - - - - 0.0600
Announcement Date 4/25/19 4/20/20 4/29/21 4/5/22 4/3/23 4/4/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4
Net sales 1 170.5 166.6 - 206 255.6 203.7
EBITDA 35.1 25.1 - 28.7 67.7 -
EBIT 11.46 0.88 - - - -
Operating Margin 6.72% 0.53% - - - -
Earnings before Tax (EBT) 5.3 -5.104 - - - -
Net income 5.52 -3.338 -39.99 - - -
Net margin 3.24% -2% - - - -
EPS 0.008000 -0.004000 -0.0540 - - -
Dividend per Share - - - - - -
Announcement Date 10/28/21 2/22/22 4/28/22 7/28/22 10/27/22 2/22/23
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 429 539 677 652 739 607
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.006 x 3.455 x -15.09 x 23.84 x 6.587 x 3.088 x
Free Cash Flow 1 53.7 74.3 -106 32 -86.4 110
ROE (net income / shareholders' equity) 4.73% 5.92% -14.1% -8.04% 1.99% 10.6%
ROA (Net income/ Total Assets) 2.59% 3.08% -5.29% -2.04% 1.31% 4.36%
Assets 1 1,546 1,614 2,046 2,769 1,065 1,808
Book Value Per Share 2 1.280 1.230 1.070 0.9300 0.9500 1.060
Cash Flow per Share 2 0.1200 0.0600 0.0400 0.1700 0.1500 0.0600
Capex 1 36 60.9 100 20.2 203 28.1
Capex / Sales 3.79% 6.42% 22.58% 4.23% 26.36% 3.37%
Announcement Date 4/25/19 4/20/20 4/29/21 4/5/22 4/3/23 4/4/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. TAL1T Stock
  4. Financials AS Tallink Grupp