Market Closed -
Borsa Italiana
11:44:59 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
24.61
EUR
|
+1.69%
|
|
+2.50%
|
+4.10%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,999
|
2,457
|
3,446
|
2,911
|
3,271
|
3,407
|
-
|
-
|
Enterprise Value (EV)
1 |
2,926
|
2,426
|
3,082
|
3,111
|
3,271
|
2,723
|
2,655
|
2,569
|
P/E ratio
|
8.06
x
|
6.51
x
|
5.67
x
|
7.24
x
|
8.79
x
|
6.79
x
|
7.22
x
|
6.64
x
|
Yield
|
4.7%
|
5.63%
|
5.27%
|
6.21%
|
-
|
5.98%
|
6.38%
|
6.69%
|
Capitalization / Revenue
|
2.86
x
|
2.33
x
|
2.38
x
|
2.26
x
|
2.49
x
|
2.43
x
|
2.28
x
|
2.15
x
|
EV / Revenue
|
2.79
x
|
2.3
x
|
2.13
x
|
2.42
x
|
2.49
x
|
1.94
x
|
1.78
x
|
1.62
x
|
EV / EBITDA
|
6.23
x
|
4.99
x
|
4.1
x
|
5.31
x
|
5.34
x
|
4.24
x
|
3.95
x
|
3.73
x
|
EV / FCF
|
3.27
x
|
9.58
x
|
3.52
x
|
-20.3
x
|
-
|
7.07
x
|
6.51
x
|
6.13
x
|
FCF Yield
|
30.6%
|
10.4%
|
28.4%
|
-4.92%
|
-
|
14.1%
|
15.4%
|
16.3%
|
Price to Book
|
3.99
x
|
2.84
x
|
2.91
x
|
2.06
x
|
-
|
1.87
x
|
1.73
x
|
1.57
x
|
Nbr of stocks (in thousands)
|
140,935
|
138,244
|
139,610
|
139,095
|
138,386
|
138,454
|
-
|
-
|
Reference price
2 |
21.28
|
17.77
|
24.68
|
20.93
|
23.64
|
24.61
|
24.61
|
24.61
|
Announcement Date
|
3/5/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,050
|
1,054
|
1,449
|
1,287
|
1,312
|
1,405
|
1,495
|
1,584
|
EBITDA
1 |
469.8
|
485.7
|
751.6
|
585.9
|
612.9
|
642.4
|
672.4
|
688.9
|
EBIT
1 |
445.4
|
456.6
|
706.8
|
546.6
|
587.4
|
621.1
|
661.1
|
714.1
|
Operating Margin
|
42.43%
|
43.33%
|
48.76%
|
42.49%
|
44.77%
|
44.22%
|
44.22%
|
45.09%
|
Earnings before Tax (EBT)
1 |
451.2
|
439.4
|
727.8
|
555
|
625.1
|
710.8
|
686.6
|
744.1
|
Net income
1 |
370
|
381.7
|
605.5
|
402.4
|
434.6
|
503.2
|
487.7
|
528.2
|
Net margin
|
35.25%
|
36.22%
|
41.77%
|
31.27%
|
33.12%
|
35.83%
|
32.63%
|
33.35%
|
EPS
2 |
2.641
|
2.730
|
4.351
|
2.890
|
2.690
|
3.625
|
3.407
|
3.706
|
Free Cash Flow
1 |
894.4
|
253.2
|
875.4
|
-153.1
|
-
|
385
|
408
|
419
|
FCF margin
|
85.2%
|
24.03%
|
60.4%
|
-11.9%
|
-
|
27.41%
|
27.29%
|
26.46%
|
FCF Conversion (EBITDA)
|
190.38%
|
52.13%
|
116.47%
|
-
|
-
|
59.93%
|
60.67%
|
60.82%
|
FCF Conversion (Net income)
|
241.72%
|
66.34%
|
144.59%
|
-
|
-
|
76.51%
|
83.65%
|
79.33%
|
Dividend per Share
2 |
1.000
|
1.000
|
1.300
|
1.300
|
-
|
1.472
|
1.569
|
1.647
|
Announcement Date
|
3/5/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
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 |
476
|
566.4
|
299.9
|
583.1
|
327.2
|
339
|
-
|
302.7
|
317.7
|
326.3
|
316.9
|
643.1
|
321.8
|
347
|
336.9
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
129.1
|
373.2
|
144.4
|
149.1
|
-
|
147.7
|
144.7
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
183.2
|
232.8
|
120
|
353.4
|
135.3
|
140.7
|
276
|
139.1
|
131.6
|
149.6
|
136
|
-
|
145.2
|
156.6
|
151.5
|
-
|
-
|
-
|
-
|
Operating Margin
|
38.49%
|
41.1%
|
40.02%
|
60.61%
|
41.35%
|
41.49%
|
-
|
45.97%
|
41.41%
|
45.86%
|
42.9%
|
-
|
45.13%
|
45.12%
|
44.98%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
167.3
|
229.9
|
117.5
|
380.4
|
133.4
|
141
|
274.4
|
139.2
|
141.4
|
173.3
|
147.8
|
321.1
|
156.5
|
147.5
|
153.3
|
-
|
-
|
-
|
-
|
Net income
1 |
143
|
226.1
|
96.38
|
283
|
95.53
|
106.2
|
201.7
|
100.6
|
100.1
|
100.7
|
122.1
|
222.8
|
117.7
|
94
|
111.3
|
225.4
|
115.4
|
111.9
|
110.3
|
Net margin
|
30.05%
|
39.91%
|
32.14%
|
48.53%
|
29.19%
|
31.32%
|
-
|
33.23%
|
31.5%
|
30.86%
|
38.54%
|
34.65%
|
36.58%
|
27.09%
|
33.03%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
0.6900
|
2.030
|
0.6800
|
0.7600
|
-
|
0.7200
|
0.7300
|
-
|
-
|
-
|
-
|
-
|
0.7625
|
1.574
|
0.8059
|
0.7813
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
1.300
|
-
|
-
|
-
|
-
|
1.300
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.436
|
-
|
Announcement Date
|
7/30/20
|
7/29/21
|
11/11/21
|
3/10/22
|
5/12/22
|
7/28/22
|
7/28/22
|
11/10/22
|
3/9/23
|
5/9/23
|
7/27/23
|
7/27/23
|
11/9/23
|
3/7/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
200
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
72.7
|
30.5
|
364
|
-
|
-
|
684
|
752
|
839
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.341
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
894
|
253
|
875
|
-153
|
-
|
385
|
408
|
419
|
ROE (net income / shareholders' equity)
|
54.9%
|
47.7%
|
28.1%
|
31.1%
|
-
|
24.3%
|
23.8%
|
25%
|
ROA (Net income/ Total Assets)
|
4.82%
|
4.56%
|
-
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
7,670
|
8,364
|
-
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
5.340
|
6.260
|
8.470
|
10.20
|
-
|
13.10
|
14.20
|
15.70
|
Cash Flow per Share
|
7.000
|
2.080
|
6.660
|
-0.7500
|
-
|
-
|
-
|
-
|
Capex
1 |
87
|
35.1
|
50.8
|
48.3
|
-
|
50
|
50
|
50
|
Capex / Sales
|
8.29%
|
3.33%
|
3.5%
|
3.75%
|
-
|
3.56%
|
3.34%
|
3.16%
|
Announcement Date
|
3/5/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/7/24
|
-
|
-
|
-
|
Last Close Price
24.61
EUR Average target price
27.96
EUR Spread / Average Target +13.61% Consensus |