Projected Income Statement: doValue S.p.A.

Forecast Balance Sheet: doValue S.p.A.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 236 411 406 430 475 545 490 421
Change - 74.15% -1.22% 5.91% 10.47% 14.68% -10.09% -14.08%
Announcement Date 2/13/20 2/25/21 2/18/22 2/24/23 2/22/24 - - -
1EUR in Million
Estimates

Cash Flow Forecast: doValue S.p.A.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 12.79 19.74 29.64 30.8 21.3 22 23.4 23.1
Change - 54.34% 50.19% 3.91% -30.84% 3.29% 6.36% -1.28%
Free Cash Flow (FCF) 1 99.57 86.78 96.06 12.41 28.64 17.9 65.7 79.5
Change - -12.85% 10.7% -87.08% 130.74% -37.49% 267.04% 21%
Announcement Date 2/13/20 2/25/21 2/18/22 2/24/23 2/22/24 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: doValue S.p.A.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 38.6% 27.43% 35.12% 35.59% 36.73% 33.94% 35.43% 38.25%
EBIT Margin (%) 21.4% 9.71% 15.16% 20.46% 13.06% 13.76% 18.54% 22.35%
EBT Margin (%) 19.57% 3.22% 9.7% 11.25% 5.4% 6.95% 11.36% 15.63%
Net margin (%) 10.53% -5.25% 4.95% 2.96% -3.89% 3.07% 3.97% 6.81%
FCF margin (%) 27.37% 20.75% 16.79% 2.22% 5.9% 3.81% 10.85% 13.19%
FCF / Net Income (%) 259.86% -395.47% 338.93% 75.2% -151.66% 124.18% 273.29% 193.83%

Profitability

        
ROA 12.03% 2.18% - - - - - -
ROE 30.15% 11.21% 32.45% 34.49% 2.86% 6.2% 6.5% 12.4%

Financial Health

        
Leverage (Debt/EBITDA) 1.68x 3.58x 2.02x 2.16x 2.66x 3.41x 2.28x 1.83x
Debt / Free cash flow 2.37x 4.73x 4.23x 34.64x 16.6x 30.42x 7.45x 5.3x

Capital Intensity

        
CAPEX / Current Assets (%) 3.51% 4.72% 5.18% 5.52% 4.39% 4.68% 3.86% 3.83%
CAPEX / EBITDA (%) 9.1% 17.2% 14.75% 15.5% 11.94% 13.79% 10.91% 10.02%
CAPEX / FCF (%) 12.84% 22.74% 30.86% 248.19% 74.38% 122.91% 35.62% 29.06%

Items per share

        
Cash flow per share 1 7.038 7.65 7.808 5.319 - - - -
Change - 8.71% 2.05% -31.87% - - - -
Dividend per Share 1 3.1 1.31 2.5 3 - - 0.0925 0.1225
Change - -57.74% 90.84% 20% - - - 32.43%
Book Value Per Share 1 14.29 12.85 12.12 - - 1.3 1.45 1.6
Change - -10.05% -5.67% - - - 11.54% 10.34%
EPS 1 2.4 -1.4 1.8 1.05 -1.2 0.486 0.155 0.216
Change - -158.33% -228.57% -41.67% -214.29% -140.5% -68.11% 39.35%
Nbr of stocks (in thousands) 15,767 15,870 15,806 15,820 15,701 189,585 189,585 189,585
Announcement Date 2/13/20 2/25/21 2/18/22 2/24/23 2/22/24 - - -
1EUR
Estimates
2024 *2025 *
P/E ratio 3.42x 10.7x
PBR 1.28x 1.15x
EV / Sales 1.83x 1.33x
Yield - 5.57%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
1.662EUR
Average target price
2.350EUR
Spread / Average Target
+41.40%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. DOV Stock
  4. Financials doValue S.p.A.