AZELIS GROUP NV |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.72 EUR | -0.09% |
|
-0.35% | +2.43% |
| Apr. 25 | Transcript : Azelis Group NV, Q1 2024 Sales/ Trading Statement Call, Apr 25, 2024 | |
| Apr. 18 | EQT Weighs Options for Belgian Chemical Distributor Azelis | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,899 | 6,202 | 5,184 | 5,541 | - | - |
| Enterprise Value (EV) 1 | 6,770 | 7,369 | 6,475 | 6,643 | 6,477 | 6,243 |
| P/E ratio | 87 x | 29.1 x | 30 x | 21.4 x | 20.6 x | 19 x |
| Yield | 0.12% | 1.09% | 0.99% | 1.26% | 1.46% | 1.59% |
| Capitalization / Revenue | 2.08 x | 1.5 x | 1.24 x | 1.25 x | 1.2 x | 1.14 x |
| EV / Revenue | 2.39 x | 1.79 x | 1.55 x | 1.5 x | 1.4 x | 1.29 x |
| EV / EBITDA | 23.5 x | 15.2 x | 12.9 x | 12.4 x | 11.5 x | 10.5 x |
| EV / FCF | 94.5 x | 21 x | 12.7 x | 24.8 x | 20.2 x | 17.6 x |
| FCF Yield | 1.06% | 4.75% | 7.87% | 4.03% | 4.95% | 5.67% |
| Price to Book | 2.65 x | 2.6 x | 2.06 x | 1.97 x | 1.86 x | 1.74 x |
| Nbr of stocks (in thousands) | 233,846 | 233,846 | 233,723 | 243,869 | - | - |
| Reference price 2 | 25.22 | 26.52 | 22.18 | 22.72 | 22.72 | 22.72 |
| Announcement Date | 3/15/22 | 3/2/23 | 3/7/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 2,836 | 4,125 | 4,176 | 4,419 | 4,618 | 4,839 |
| EBITDA 1 | - | 287.8 | 484.7 | 500.6 | 537 | 562.4 | 593.9 |
| EBIT 1 | - | 207.8 | 388.4 | 386.9 | 438.3 | 468.4 | 487.9 |
| Operating Margin | - | 7.33% | 9.42% | 9.27% | 9.92% | 10.14% | 10.08% |
| Earnings before Tax (EBT) 1 | - | 120.2 | 314.7 | 247.2 | 350.9 | 380.8 | 392.5 |
| Net income 1 | 70.96 | 67.76 | 213.2 | 177.7 | 252.9 | 277.3 | 300.6 |
| Net margin | - | 2.39% | 5.17% | 4.26% | 5.72% | 6.01% | 6.21% |
| EPS 2 | 0.0600 | 0.2900 | 0.9100 | 0.7400 | 1.062 | 1.103 | 1.195 |
| Free Cash Flow 1 | - | 71.61 | 350.2 | 509.6 | 267.5 | 320.7 | 353.8 |
| FCF margin | - | 2.53% | 8.49% | 12.2% | 6.05% | 6.95% | 7.31% |
| FCF Conversion (EBITDA) | - | 24.88% | 72.24% | 101.8% | 49.81% | 57.02% | 59.57% |
| FCF Conversion (Net income) | - | 105.69% | 164.24% | 286.78% | 105.77% | 115.63% | 117.7% |
| Dividend per Share 2 | - | 0.0300 | 0.2900 | 0.2200 | 0.2859 | 0.3320 | 0.3621 |
| Announcement Date | 9/14/21 | 3/15/22 | 3/2/23 | 3/7/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 728.2 | - | 1,526 | 1,044 | 2,019 | 1,089 | 1,008 | 2,097 | - | 1,048 | 2,141 | 1,038 | 996.1 | 2,034 | 1,051 | 1,044 | 2,144 | - | - | 2,120 | 2,249 | 2,227 |
| EBITDA 1 | - | - | 151.4 | 133 | 255 | - | - | 229.7 | 141.7 | - | - | 120.8 | - | - | 134.3 | 145 | 279 | 133 | 115 | 248 | - | - |
| EBIT 1 | 73.3 | 48.3 | 103.1 | 109.1 | 211.8 | - | - | 176.6 | - | - | 225 | - | - | - | 124.3 | 135 | 259 | 124 | 105 | 228 | - | - |
| Operating Margin | 10.07% | - | 6.76% | 10.45% | 10.49% | - | - | 8.42% | - | - | 10.51% | - | - | - | 11.83% | 12.93% | 12.08% | - | - | 10.75% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 181 | - | - | 150 | - | - |
| Net income | - | - | - | - | 138.8 | - | - | - | - | - | 103.5 | - | - | - | - | - | 132.3 | - | - | 108.6 | - | - |
| Net margin | - | - | - | - | 6.88% | - | - | - | - | - | 4.83% | - | - | - | - | - | 6.17% | - | - | 5.12% | - | - |
| EPS | - | - | - | - | 0.5900 | - | - | - | - | - | 0.4400 | - | - | - | - | - | 0.5400 | - | - | 0.4500 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/16/21 | 3/15/22 | 3/15/22 | 8/9/22 | 8/9/22 | 11/15/22 | 3/2/23 | 3/2/23 | 5/12/23 | 8/3/23 | 8/3/23 | 11/9/23 | 3/7/24 | 3/7/24 | 4/25/24 | - | - | - | - | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 871 | 1,168 | 1,291 | 1,102 | 936 | 702 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 3.027 x | 2.409 x | 2.579 x | 2.053 x | 1.664 x | 1.182 x |
| Free Cash Flow 1 | - | 71.6 | 350 | 510 | 268 | 321 | 354 |
| ROE (net income / shareholders' equity) | - | 5.7% | 9.25% | 7.14% | 10% | 10% | 10.3% |
| ROA (Net income/ Total Assets) | - | 2.83% | 4.76% | 3.37% | 4% | 4.4% | 4.3% |
| Assets 1 | - | 2,393 | 4,479 | 5,275 | 6,322 | 6,303 | 6,990 |
| Book Value Per Share 2 | - | 9.530 | 10.20 | 10.80 | 11.50 | 12.20 | 13.00 |
| Cash Flow per Share 2 | - | 0.3800 | 1.570 | 2.190 | 1.230 | 1.760 | 2.070 |
| Capex 1 | - | 18.3 | 18.4 | 15.5 | 30 | 30.7 | 31.5 |
| Capex / Sales | - | 0.64% | 0.45% | 0.37% | 0.68% | 0.66% | 0.65% |
| Announcement Date | 9/14/21 | 3/15/22 | 3/2/23 | 3/7/24 | - | - | - |
1EUR in Million2EUR
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
22.72
EUR
Average target price
25.59
EUR
Spread / Average Target
+12.64%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.43% | 5.92B | |
| +56.60% | 91.85B | |
| +41.92% | 71.52B | |
| +19.61% | 63.05B | |
| +27.08% | 30.34B | |
| +21.43% | 28.92B | |
| +16.39% | 21.62B | |
| +16.68% | 17.92B | |
| -3.76% | 12.84B | |
| -27.24% | 5.61B |
- Stock Market
- Equities
- AZE Stock
- Financials Azelis Group NV
