Financials CMB.TECH NV

Equities

CMBT

BE0003816338

Oil & Gas Transportation Services

Market Closed - Euronext Bruxelles Other stock markets 11:35:08 2024-12-05 am EST			After market 11:54:41 am
10.53 ^EUR	-1.50%		10.46	-0.66%

Nov. 21	CMB NV completed the acquisition of Cmb.Tech NV.	CI
Nov. 07	Cmb.Tech NV Reports Earnings Results for the Nine Months Ended September 30, 2024	CI

Projected Income Statement: CMB.TECH NV

income-statement-evolution-chart CMB-TECH-NV

Fiscal Period: december	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	932.4	1,231	419.8	854.7	1,237	960.3	998.6	1,127
Change	-	32%	-65.89%	103.6%	44.78%	-22.39%	3.98%	12.87%
EBITDA ¹	515.2	831.3	48.35	421.1	821.7	550.2	667	848.5
Change	-	61.35%	-94.18%	770.8%	95.15%	-33.05%	21.24%	27.21%
EBIT ¹	177.7	511.6	-296.6	198.2	600.7	371.3	473.3	572.2
Change	-	187.9%	-	-	203.07%	-38.19%	27.49%	20.89%
Interest Paid ¹	-99.38	-70.06	-80.61	-105.9	-104.7	-130.6	-195	-226.7
Earnings before Tax (EBT) ¹	118.5	474.7	-339.6	205.7	868.4	839.3	314	397
Change	-	300.68%	-	-	322.17%	-3.35%	-62.59%	26.44%
Net income ¹	118.9	472.8	-339.2	202.9	862.3	838.1	325	380.4
Change	-	297.73%	-	-	325.02%	-2.81%	-61.22%	17.03%
Announcement Date	1/30/20	2/4/21	2/3/22	2/2/23	2/1/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	141.4	355.2	416.7	434.7	241	138.4	113.4	104.2	99.14	117.4	114.4	148.7	223.5	368.1	344.6	348.2	278.4	270.9	248	282.6	226	218.1	224	216	212	314
Change	-	151.18%	17.32%	4.33%	-44.57%	-42.54%	-18.07%	-8.1%	-4.88%	18.44%	-2.6%	30.01%	50.33%	64.65%	-6.36%	1.02%	-20.04%	-2.69%	-8.46%	13.98%	-20.04%	-3.51%	2.72%	-3.57%	-1.85%	48.11%
EBITDA ¹	75.47	252.9	316.2	335.3	137.9	41.94	21.42	3.668	-1.023	24.29	20.05	47.05	99.48	254.5	236.5	248.6	209.6	155.8	142.6	164.1	177.1	129.7	179	145.5	140	238
Change	-	235.11%	25.03%	6.04%	-58.88%	-69.58%	-48.94%	-82.87%	-	-	-17.46%	134.68%	111.44%	155.8%	-7.08%	5.13%	-15.67%	-25.66%	-8.49%	15.07%	7.94%	-26.77%	38%	-18.72%	-3.78%	70%
EBIT ¹	-9.131	168.5	233.9	255.8	57.76	-35.91	-62.44	-83.7	-88.81	-61.69	-32.55	-6.6	40.69	196.7	180.2	193	149.9	106.4	102.4	122.5	136.9	80.46	131.5	95	88	184.5
Change	-	-	38.8%	9.38%	-77.42%	-	73.89%	34.05%	6.11%	-30.53%	-47.23%	-79.72%	-	383.29%	-8.38%	7.1%	-22.31%	-29%	-3.81%	19.62%	11.78%	-41.22%	63.44%	-27.76%	-7.37%	109.66%
Charge d'intérêts ¹	-30.95	-21.06	-21.19	-16.01	-15.72	-17.14	-16.38	-21.43	-22.71	-20.08	-33.66	-28.21	-20.23	-23.78	-37.15	-29.68	-26.58	-17.97	-15.44	-30.54	-37.58	-46.76	-51.5	-53.5	-56	-57.5
Earnings before Tax (EBT) ¹	-21.5	161	226.2	260.3	46.4	-58.25	-71.72	-90.48	-105.6	-71.76	-43.34	-9.863	23.45	235.4	171.8	163.3	121.6	411.8	495	188.9	99.32	55.38	108.5	42	32.5	128
Change	-	-	40.51%	15.08%	-82.17%	-	23.13%	26.16%	16.72%	-32.05%	-39.62%	-77.24%	-	904.22%	-27.05%	-4.94%	-25.54%	238.71%	20.22%	-61.83%	-47.44%	-44.24%	95.92%	-61.29%	-22.62%	293.85%
Net income ¹	-22.9	160.8	225.6	259.6	46.2	-58.67	-71.01	-89.68	-105.9	-72.56	-43.37	-4.904	16.45	234.7	175	161.8	114.6	410.9	495.2	184.4	98.08	55.38	108.5	42	32.5	128
Change	-	-	40.31%	15.08%	-82.21%	-	21.04%	26.28%	18.1%	-31.49%	-40.23%	-88.69%	-	1,327.04%	-25.42%	-7.56%	-29.19%	258.61%	20.53%	-62.77%	-46.8%	-43.54%	95.92%	-61.29%	-22.62%	293.85%
Announcement Date	10/29/19	1/30/20	5/7/20	8/6/20	11/5/20	2/4/21	5/6/21	8/12/21	11/4/21	2/3/22	5/12/22	8/4/22	11/3/22	2/2/23	5/11/23	8/3/23	11/2/23	2/1/24	5/8/24	8/8/24	11/7/24	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: CMB.TECH NV

balance-sheet-analysis-chart CMB-TECH-NV

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,415	1,119	1,563	1,516	472	2,445	2,794	3,248
Change	-	-20.92%	39.68%	-3.01%	-68.87%	417.93%	14.27%	16.25%
Announcement Date	1/30/20	2/4/21	2/3/22	2/2/23	2/1/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: CMB.TECH NV

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	8.039	225.2	413.2	523.5	337.2	1,141	853.1	1,108
Change	-	2,701.21%	83.49%	26.69%	-35.59%	238.38%	-25.23%	29.86%
Free Cash Flow (FCF) ¹	264.7	730.2	-438.5	88.79	1,705	-288.5	-389.5	-527.5
Change	-	175.89%	-160.05%	-120.25%	1,820.71%	-116.92%	35.01%	35.43%
Announcement Date	1/30/20	2/4/21	2/3/22	2/2/23	2/1/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: CMB.TECH NV

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	55.26%	67.55%	11.52%	49.27%	66.41%	57.29%	66.79%	75.29%
EBIT Margin (%)	19.06%	41.57%	-70.67%	23.19%	48.54%	38.66%	47.4%	50.77%
EBT Margin (%)	12.71%	38.57%	-80.9%	24.07%	70.18%	87.4%	31.44%	35.22%
Net margin (%)	12.75%	38.41%	-80.8%	23.74%	69.69%	87.27%	32.55%	33.75%
FCF margin (%)	28.39%	59.33%	-104.46%	10.39%	137.82%	-30.04%	-39.01%	-46.8%
FCF / Net Income (%)	222.65%	154.45%	129.29%	43.76%	197.76%	-34.42%	-119.84%	-138.69%
Profitability
ROA	2.71%	12.04%	-9.09%	5.24%	23.43%	22%	7.3%	8.6%
ROE	4.91%	20.45%	-15.88%	9.82%	38.03%	46.45%	18.19%	21.63%
Financial Health
Leverage (Debt/EBITDA)	2.75x	1.35x	32.33x	3.6x	0.57x	4.44x	4.19x	3.83x
Debt / Free cash flow	5.35x	1.53x	-3.56x	17.08x	0.28x	-8.47x	-7.17x	-6.16x
Capital Intensity
CAPEX / Current Assets (%)	0.86%	18.3%	98.44%	61.25%	27.25%	118.82%	85.44%	98.3%
CAPEX / EBITDA (%)	1.56%	27.09%	854.56%	124.33%	41.04%	207.4%	127.91%	130.57%
CAPEX / FCF (%)	3.04%	30.84%	-94.23%	589.6%	19.77%	-395.49%	-219.04%	-210.02%
Items per share
Cash flow per share ¹	1.262	4.545	-0.1254	1.265	4.148	4.855	2.93	3.255
Change	-	260.05%	-102.76%	-1,108.89%	227.83%	17.06%	-39.65%	11.09%
Dividend per Share ¹	0.35	1.4	0.12	0.12	2.34	1.15	0.1833	0.4631
Change	-	300%	-91.43%	0%	1,850%	-50.85%	-84.06%	152.58%
Book Value Per Share ¹	10.51	11	9.719	10.77	11.7	5.955	9.739	10.34
Change	-	4.65%	-11.63%	10.8%	8.64%	-49.1%	63.53%	6.2%
EPS ¹	0.55	2.25	-1.68	1.01	4.27	4.29	1.635	2.004
Change	-	309.09%	-174.67%	-160.12%	322.77%	0.47%	-61.88%	22.53%
Nbr of stocks (in thousands)	215,079	201,228	201,678	201,784	201,913	194,217	194,217	194,217
Announcement Date	1/30/20	2/4/21	2/3/22	2/2/23	2/1/24	-	-	-