Financials Biogened S.A.

Equities

BGD

PLBIOGN00018

Pharmaceuticals

End-of-day quote Warsaw S.E. 06:00:00 2024-05-15 pm EDT 5-day change 1st Jan Change
22.4 PLN -2.61% Intraday chart for Biogened S.A. +1.82% +24.44%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 31.05 20.39 17.19 20.88 21.12 31.2
Enterprise Value (EV) 1 50.74 41.81 38.06 35.42 34.86 50.72
P/E ratio 31 x 17.9 x 13.5 x 16.8 x 10.8 x 9.23 x
Yield - - - 2.35% - 3.15%
Capitalization / Revenue 0.92 x 0.51 x 0.37 x 0.43 x 0.32 x 0.39 x
EV / Revenue 1.51 x 1.04 x 0.82 x 0.73 x 0.53 x 0.64 x
EV / EBITDA 7.47 x 5.83 x 5.01 x 5.24 x 4.72 x 4.5 x
EV / FCF 42.9 x -54.4 x 214 x 2.38 x 4.46 x -16.6 x
FCF Yield 2.33% -1.84% 0.47% 41.9% 22.4% -6.04%
Price to Book 0.6 x 0.39 x 0.32 x 0.38 x 0.71 x 0.96 x
Nbr of stocks (in thousands) 2,456 2,456 2,456 2,456 2,456 2,456
Reference price 2 12.64 8.300 7.000 8.500 8.600 12.70
Announcement Date 5/17/18 5/14/19 5/14/20 5/13/21 5/30/22 5/30/23
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 33.57 40.24 46.63 48.33 65.32 79.62
EBITDA 1 6.797 7.171 7.604 6.761 7.388 11.28
EBIT 1 2.926 3.393 3.348 2.359 4.589 8.376
Operating Margin 8.72% 8.43% 7.18% 4.88% 7.03% 10.52%
Earnings before Tax (EBT) 1 1.729 1.986 1.927 2.176 4.329 6.39
Net income 1 1.001 1.137 1.272 1.242 1.961 3.381
Net margin 2.98% 2.83% 2.73% 2.57% 3% 4.25%
EPS 2 0.4076 0.4629 0.5177 0.5054 0.7982 1.377
Free Cash Flow 1 1.184 -0.7691 0.1781 14.86 7.82 -3.065
FCF margin 3.53% -1.91% 0.38% 30.74% 11.97% -3.85%
FCF Conversion (EBITDA) 17.42% - 2.34% 219.74% 105.84% -
FCF Conversion (Net income) 118.23% - 14.01% 1,196.6% 398.84% -
Dividend per Share - - - 0.2000 - 0.4000
Announcement Date 5/17/18 5/14/19 5/14/20 5/13/21 5/30/22 5/30/23
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 19.7 21.4 20.9 14.5 13.7 19.5
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.898 x 2.987 x 2.744 x 2.151 x 1.859 x 1.73 x
Free Cash Flow 1 1.18 -0.77 0.18 14.9 7.82 -3.06
ROE (net income / shareholders' equity) 1.96% 2.18% 2.38% 2.28% 4.63% 10.8%
ROA (Net income/ Total Assets) 2.34% 2.62% 2.5% 1.75% 3.97% 7.91%
Assets 1 42.73 43.41 50.83 70.77 49.36 42.73
Book Value Per Share 2 21.00 21.50 22.00 22.30 12.20 13.30
Cash Flow per Share 2 0.4200 0.4300 0.4900 1.040 2.020 1.410
Capex 1 4.18 4.47 3.67 1.83 1.57 9.36
Capex / Sales 12.44% 11.1% 7.87% 3.79% 2.4% 11.76%
Announcement Date 5/17/18 5/14/19 5/14/20 5/13/21 5/30/22 5/30/23
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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