EL.EN. S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.64 EUR | +1.22% |
|
+0.26% | +19.38% |
| Mar. 15 | Transcript : EL.En. S.p.A., 2023 Earnings Call, Mar 15, 2024 | |
| Mar. 14 | EL.En. S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 644.7 | 520.6 | 1,243 | 1,138 | 779.3 | 931.5 | - | - |
| Enterprise Value (EV) 1 | 566.6 | 451.4 | 1,121 | 1,010 | 724.7 | 852 | 787.6 | 760.5 |
| P/E ratio | 24.8 x | 25.8 x | 27.3 x | 20.7 x | - | 16.6 x | 14.8 x | 13.7 x |
| Yield | 1.21% | 1.51% | 1.28% | 1.54% | 2.05% | 2.21% | 2.19% | 2.41% |
| Capitalization / Revenue | 1.61 x | 1.28 x | 2.18 x | 1.69 x | 1.13 x | 1.28 x | 1.19 x | 1.11 x |
| EV / Revenue | 1.41 x | 1.11 x | 1.96 x | 1.5 x | 1.05 x | 1.17 x | 1.01 x | 0.91 x |
| EV / EBITDA | 12.2 x | 11.1 x | 14 x | 10.6 x | 7.98 x | 8.76 x | 7.5 x | 6.68 x |
| EV / FCF | 39.8 x | 14.5 x | 17.3 x | -65.9 x | - | 17.2 x | 10.3 x | 16 x |
| FCF Yield | 2.52% | 6.91% | 5.77% | -1.52% | - | 5.81% | 9.71% | 6.25% |
| Price to Book | 2.9 x | 2.16 x | 4.62 x | 3.55 x | - | 2.47 x | 2.19 x | 1.97 x |
| Nbr of stocks (in thousands) | 78,047 | 78,429 | 79,810 | 79,830 | 79,929 | 80,027 | - | - |
| Reference price 2 | 8.260 | 6.638 | 15.58 | 14.25 | 9.750 | 11.64 | 11.64 | 11.64 |
| Announcement Date | 3/13/20 | 3/15/21 | 3/15/22 | 3/15/23 | 3/14/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 400.8 | 408.1 | 571.4 | 673.6 | 692.3 | 728.4 | 781 | 835.4 |
| EBITDA 1 | 46.31 | 40.81 | 80.09 | 95.25 | 90.87 | 97.22 | 105 | 113.8 |
| EBIT 1 | 38.2 | 30.11 | 64.86 | 81 | 72.74 | 81.34 | 88.5 | 97 |
| Operating Margin | 9.53% | 7.38% | 11.35% | 12.03% | 10.51% | 11.17% | 11.33% | 11.61% |
| Earnings before Tax (EBT) 1 | 38.64 | 27.92 | 66.42 | 78.99 | 71.13 | 80.82 | 89.4 | 97.3 |
| Net income 1 | 26.02 | 20.26 | 45.44 | 55.11 | 48.24 | 56.5 | 61.5 | 67 |
| Net margin | 6.49% | 4.96% | 7.95% | 8.18% | 6.97% | 7.76% | 7.87% | 8.02% |
| EPS 2 | 0.3325 | 0.2575 | 0.5700 | 0.6900 | - | 0.7007 | 0.7845 | 0.8525 |
| Free Cash Flow 1 | 14.25 | 31.19 | 64.75 | -15.33 | - | 49.5 | 76.5 | 47.5 |
| FCF margin | 3.56% | 7.64% | 11.33% | -2.28% | - | 6.8% | 9.79% | 5.69% |
| FCF Conversion (EBITDA) | 30.78% | 76.42% | 80.85% | - | - | 50.92% | 72.86% | 41.72% |
| FCF Conversion (Net income) | 54.79% | 153.99% | 142.51% | - | - | 87.61% | 124.39% | 70.9% |
| Dividend per Share 2 | 0.1000 | 0.1000 | 0.2000 | 0.2200 | 0.2000 | 0.2567 | 0.2550 | 0.2800 |
| Announcement Date | 3/13/20 | 3/15/21 | 3/15/22 | 3/15/23 | 3/14/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 2023 S1 |
|---|---|---|---|---|
| Net sales 1 | - | 245.6 | 288.8 | 345.6 |
| EBITDA | - | 26.33 | - | - |
| EBIT | - | 20.82 | - | - |
| Operating Margin | - | 8.48% | - | - |
| Earnings before Tax (EBT) | - | 18.98 | - | - |
| Net income 1 | 6.401 | 13.85 | 22.45 | 25.78 |
| Net margin | - | 5.64% | 7.77% | 7.46% |
| EPS | 0.0800 | - | - | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 9/11/20 | 3/15/21 | 9/10/21 | 9/12/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 78 | 69.2 | 122 | 127 | 54.6 | 79.6 | 144 | 171 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 14.3 | 31.2 | 64.8 | -15.3 | - | 49.5 | 76.5 | 47.5 |
| ROE (net income / shareholders' equity) | 11.3% | 8.42% | 17.2% | 18.7% | 13.4% | 15.3% | 15.2% | 15.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 2.850 | 3.080 | 3.380 | 4.010 | - | 4.720 | 5.320 | 5.910 |
| Cash Flow per Share 2 | 0.4600 | 0.5600 | 1.000 | 0.0300 | - | 0.8600 | - | - |
| Capex 1 | 23.5 | 12.9 | 14.7 | 17.4 | - | 15.5 | 17 | 19 |
| Capex / Sales | 5.86% | 3.17% | 2.58% | 2.59% | - | 2.13% | 2.18% | 2.27% |
| Announcement Date | 3/13/20 | 3/15/21 | 3/15/22 | 3/15/23 | 3/14/24 | - | - | - |
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
OUTPERFORM
Number of Analysts
3
Last Close Price
11.64
EUR
Average target price
12.23
EUR
Spread / Average Target
+5.10%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +19.38% | 994M | |
| -37.75% | 12.3M | |
| -32.70% | 212M | |
| -35.85% | 74.33M |
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- Financials EL.En. S.p.A.
