CAREL INDUSTRIES S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.74 EUR | +3.88% |
|
+1.74% | -24.44% |
| Apr. 19 | Francesco Nalini confirmed as chief executive officer of Carel | AN |
| Apr. 02 | Futures bullish; new economic data expected | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,385 | 1,916 | 2,657 | 2,349 | 2,790 | 2,108 | - | - |
| Enterprise Value (EV) 1 | 1,447 | 1,966 | 2,715 | 2,445 | 2,790 | 2,094 | 2,047 | 1,994 |
| P/E ratio | - | - | - | - | 35.4 x | 28.9 x | 23.7 x | 20.8 x |
| Yield | 0.87% | 0.63% | 0.56% | 0.77% | - | 1.08% | 1.21% | 1.33% |
| Capitalization / Revenue | 4.23 x | 5.78 x | 6.32 x | 4.31 x | 4.29 x | 3.09 x | 2.8 x | 2.55 x |
| EV / Revenue | 4.42 x | 5.93 x | 6.46 x | 4.49 x | 4.29 x | 3.07 x | 2.72 x | 2.41 x |
| EV / EBITDA | 22.9 x | 30.2 x | 31.8 x | 21.9 x | 19.9 x | 14.9 x | 13 x | 11.5 x |
| EV / FCF | - | - | - | - | - | 30.1 x | 29.7 x | 25.9 x |
| FCF Yield | - | - | - | - | - | 3.32% | 3.37% | 3.86% |
| Price to Book | - | - | - | - | - | 4.93 x | 4.31 x | 3.75 x |
| Nbr of stocks (in thousands) | 99,917 | 99,915 | 99,899 | 99,970 | 112,493 | 112,493 | - | - |
| Reference price 2 | 13.86 | 19.18 | 26.60 | 23.50 | 24.80 | 18.74 | 18.74 | 18.74 |
| Announcement Date | 3/5/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 327.4 | 331.6 | 420.4 | 544.9 | 650.2 | 681.6 | 752.4 | 825.7 |
| EBITDA 1 | 63.11 | 65.2 | 85.3 | 111.7 | 139.9 | 140.4 | 157.9 | 174 |
| EBIT 1 | 46.36 | 46.71 | 64.46 | 87.31 | 107.1 | 108.3 | 123.5 | 137.1 |
| Operating Margin | 14.16% | 14.09% | 15.33% | 16.02% | 16.47% | 15.9% | 16.42% | 16.61% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 96.5 | 112.5 | 126.5 |
| Net income 1 | - | - | - | - | 70.94 | 73 | 89 | 101 |
| Net margin | - | - | - | - | 10.91% | 10.71% | 11.83% | 12.23% |
| EPS 2 | - | - | - | - | 0.7000 | 0.6490 | 0.7900 | 0.8990 |
| Free Cash Flow 1 | - | - | - | - | - | 69.5 | 69 | 77 |
| FCF margin | - | - | - | - | - | 10.2% | 9.17% | 9.32% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 49.52% | 43.69% | 44.24% |
| FCF Conversion (Net income) | - | - | - | - | - | 95.21% | 77.53% | 76.24% |
| Dividend per Share 2 | 0.1200 | 0.1200 | 0.1500 | 0.1800 | - | 0.2020 | 0.2270 | 0.2487 |
| Announcement Date | 3/5/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 107.7 | 110.1 | 128.9 | 132.4 | 143.8 | 161 | 169.3 | 166.9 | 153 | 155.1 | 173.5 | 181.5 | 182.8 |
| EBITDA | - | - | - | - | - | - | - | - | 26.88 | - | - | - | - |
| EBIT 1 | 16.44 | 13.56 | 21.82 | 23.12 | 18.43 | 25.91 | 31.6 | 30.06 | 19.53 | 20.78 | 28.97 | 33.03 | 24.26 |
| Operating Margin | 15.26% | 12.32% | 16.92% | 17.46% | 12.82% | 16.09% | 18.66% | 18.01% | 12.76% | 13.4% | 16.7% | 18.2% | 13.27% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | 11.86 | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | 7.75% | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 3/3/22 | 5/12/22 | 8/4/22 | 3/2/23 | 5/12/23 | 8/3/23 | 10/31/23 | 3/6/24 | - | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 62.1 | 49.6 | 57.8 | 95.8 | - | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 14 | 60.6 | 114 |
| Leverage (Debt/EBITDA) | 0.9844 x | 0.7609 x | 0.6781 x | 0.8578 x | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | - | 69.5 | 69 | 77 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | - | - | - | 3.800 | 4.350 | 5.000 |
| Cash Flow per Share 2 | - | - | - | - | - | 0.8500 | 0.9600 | 1.060 |
| Capex 1 | - | - | - | - | - | 29.3 | 32.8 | 37.6 |
| Capex / Sales | - | - | - | - | - | 4.3% | 4.36% | 4.55% |
| Announcement Date | 3/5/20 | 3/4/21 | 3/3/22 | 3/2/23 | 3/6/24 | - | - | - |
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
HOLD
Number of Analysts
3
Last Close Price
18.74
EUR
Average target price
21.7
EUR
Spread / Average Target
+15.80%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -24.44% | 2.25B | |
| +12.06% | 107B | |
| -0.62% | 29.43B | |
| +12.05% | 22.21B | |
| -16.05% | 17.75B | |
| -6.34% | 17.25B | |
| +8.74% | 15.28B | |
| -4.89% | 12.2B | |
| -2.85% | 10.42B | |
| -8.86% | 9.04B |
- Stock Market
- Equities
- CRL Stock
- Financials Carel Industries S.p.A.
