Financials Delignit AG

Equities

Market Closed - Xetra Other stock markets 11:36:14 2024-04-26 am EDT			5-day change	1st Jan Change
3.5 ^EUR	+4.17%		+6.71%	-12.06%

Apr. 20	Delignit AG Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Apr. 18	Delignit Bags New Order from OEM Client; Plans Capacity Expansion	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	43.76	56.54	77.02	56.54	40.76	35.84	-	-
Enterprise Value (EV) ¹	53.33	60.2	83.45	61.62	34.84	26.77	26.95	35.84
P/E ratio	31.4 x	27.6 x	32.4 x	20.3 x	12.4 x	11 x	8.54 x	6.36 x
Yield	-	0.43%	-	0.72%	2.01%	1.71%	2.14%	-
Capitalization / Revenue	0.68 x	0.96 x	1.13 x	0.75 x	0.47 x	0.41 x	0.36 x	0.32 x
EV / Revenue	0.83 x	1.03 x	1.22 x	0.82 x	0.4 x	0.3 x	0.27 x	0.32 x
EV / EBITDA	11.1 x	10.7 x	14.8 x	9.41 x	4.94 x	3.56 x	2.87 x	2.91 x
EV / FCF	17.8 x	10.4 x	-30.5 x	42.3 x	-	20.6 x	77 x	15.3 x
FCF Yield	5.63%	9.63%	-3.28%	2.37%	-	4.86%	1.3%	6.56%
Price to Book	-	-	-	-	1.11 x	0.94 x	0.87 x	-
Nbr of stocks (in thousands)	8,194	8,194	8,194	8,194	10,240	10,240	-	-
Reference price ²	5.340	6.900	9.400	6.900	3.980	3.500	3.500	3.500
Announcement Date	4/30/20	4/27/21	4/22/22	4/21/23	4/19/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	64.4	58.69	68.33	75.36	86.05	88.38	100.2	111.5
EBITDA ¹	4.817	5.619	5.641	6.55	7.055	7.516	9.4	12.3
EBIT ¹	2.328	3.03	3.315	4.136	4.72	4.837	6.101	7.55
Operating Margin	3.61%	5.16%	4.85%	5.49%	5.49%	5.47%	6.09%	6.77%
Earnings before Tax (EBT) ¹	2.044	2.779	3.167	3.927	4.529	4.562	5.876	7.9
Net income ¹	1.399	2.083	2.337	2.772	3.239	3.259	4.189	5.6
Net margin	2.17%	3.55%	3.42%	3.68%	3.76%	3.69%	4.18%	5.02%
EPS ²	0.1700	0.2500	0.2900	0.3400	0.3200	0.3187	0.4100	0.5500
Free Cash Flow ¹	3	5.795	-2.736	1.458	-	1.3	0.35	2.35
FCF margin	4.66%	9.87%	-4%	1.93%	-	1.47%	0.35%	2.11%
FCF Conversion (EBITDA)	62.28%	103.13%	-	22.26%	-	17.3%	3.72%	19.11%
FCF Conversion (Net income)	214.44%	278.2%	-	52.6%	-	39.89%	8.36%	41.96%
Dividend per Share ²	-	0.0300	-	0.0500	0.0800	0.0600	0.0750	-
Announcement Date	4/30/20	4/27/21	4/22/22	4/21/23	4/19/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	9.58	3.66	6.43	5.08	-	-	-	-
Net Cash position ¹	-	-	-	-	5.92	9.07	8.89	-
Leverage (Debt/EBITDA)	1.988 x	0.651 x	1.14 x	0.7753 x	-	-	-	-
Free Cash Flow ¹	3	5.8	-2.74	1.46	-	1.3	0.35	2.35
ROE (net income / shareholders' equity)	7.14%	10.1%	10.3%	11%	10.2%	4.83%	8.27%	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	-	-	3.600	3.720	4.010	-
Cash Flow per Share	0.7200	-	-	-	-	-	-	-
Capex ¹	2.86	0.47	1.66	2.82	-	5.6	5.55	4.75
Capex / Sales	4.45%	0.8%	2.43%	3.75%	-	6.34%	5.54%	4.26%
Announcement Date	4/30/20	4/27/21	4/22/22	4/21/23	4/19/24	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.5 EUR

Average target price

9.5 EUR

Spread / Average Target

+171.43%

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