Financials Enefit Green

Equities

EGR1T

EE3100137985

Renewable Energy Equipment & Services

Market Closed - Nasdaq Tallinn 08:59:50 2024-04-26 am EDT 5-day change 1st Jan Change
3.216 EUR +0.19% Intraday chart for Enefit Green +0.75% -9.56%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,069 1,157 939.8 849.9 - -
Enterprise Value (EV) 1 1,112 1,305 1,357 1,483 1,504 1,432
P/E ratio 13.5 x 10.4 x 16.9 x 12.1 x 11.3 x 10.7 x
Yield 3.73% 4.75% 2.95% 4.08% 4.87% 4.73%
Capitalization / Revenue 5.82 x 4.5 x 4.08 x 4.26 x 3.23 x 3.32 x
EV / Revenue 6.05 x 5.08 x 5.9 x 7.43 x 5.72 x 5.59 x
EV / EBITDA 9.15 x 8.43 x 12.8 x 11.4 x 9.41 x 9.4 x
EV / FCF 26.2 x -20.3 x -6.52 x -7.87 x 317 x 13.6 x
FCF Yield 3.81% -4.92% -15.3% -12.7% 0.32% 7.36%
Price to Book 1.69 x 1.61 x 1.31 x 1.12 x 1.06 x 1.01 x
Nbr of stocks (in thousands) 264,276 264,276 264,276 264,276 - -
Reference price 2 4.044 4.378 3.556 3.216 3.216 3.216
Announcement Date 2/28/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 183.7 257 230.1 199.5 262.9 256
EBITDA 1 - 121.5 154.8 105.9 129.7 159.8 152.4
EBIT 1 - 83.31 117.1 65.34 82.35 106.4 97.96
Operating Margin - 45.35% 45.55% 28.4% 41.27% 40.46% 38.26%
Earnings before Tax (EBT) 1 - 81.25 115.8 65.51 75.13 81.18 84.78
Net income 1 67.87 79.66 110.2 55.79 69.86 75.18 79.13
Net margin - 43.36% 42.88% 24.25% 35.01% 28.59% 30.91%
EPS 2 14.20 0.3000 0.4200 0.2100 0.2664 0.2838 0.2992
Free Cash Flow 1 - 42.36 -64.21 -207.9 -188.5 4.75 105.4
FCF margin - 23.06% -24.98% -90.36% -94.46% 1.81% 41.15%
FCF Conversion (EBITDA) - 34.87% - - - 2.97% 69.14%
FCF Conversion (Net income) - 53.18% - - - 6.32% 133.13%
Dividend per Share 2 - 0.1510 0.2080 0.1050 0.1311 0.1567 0.1521
Announcement Date 6/9/21 2/28/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 68.9 66.7 47.28 82.8 77.5 41.2 44.49 66.9
EBITDA 1 49.6 45.6 30.7 45.8 41.1 19.3 15.9 29.6
EBIT 1 40.02 35.92 21.1 36.96 31.3 9.589 5.675 18.78
Operating Margin 58.08% 53.86% 44.63% 44.63% 40.38% 23.27% 12.76% 28.07%
Earnings before Tax (EBT) 1 39.89 35.77 21.52 - 31.34 10.4 5.352 18.41
Net income 1 39.37 34.92 16.92 35.41 30.52 1.14 5.026 19.1
Net margin 57.14% 52.36% 35.8% 42.76% 39.38% 2.77% 11.3% 28.56%
EPS 2 0.1500 0.1300 0.0600 0.1300 0.1200 0.004000 0.0200 0.0720
Dividend per Share - - - - - - - -
Announcement Date 2/28/22 5/5/22 8/4/22 2/28/23 5/5/23 8/3/23 11/2/23 2/29/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 43 148 417 633 654 582
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 0.3539 x 0.9568 x 3.935 x 4.879 x 4.095 x 3.82 x
Free Cash Flow 1 - 42.4 -64.2 -208 -189 4.75 105
ROE (net income / shareholders' equity) - 13.9% 16.3% 7.77% 9.49% 10.6% 9.65%
ROA (Net income/ Total Assets) - 10.2% 11.7% 4.72% 4.74% 4.89% 4.43%
Assets 1 - 778.5 940.9 1,183 1,473 1,538 1,786
Book Value Per Share 2 - 2.400 2.720 2.710 2.870 3.030 3.180
Cash Flow per Share - - - - - - -
Capex 1 - 74.8 190 282 314 130 34.5
Capex / Sales - 40.74% 74.1% 122.61% 157.41% 49.5% 13.48%
Announcement Date 6/9/21 2/28/22 2/28/23 2/29/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.216 EUR
Average target price
3.94 EUR
Spread / Average Target
+22.51%
Consensus
  1. Stock Market
  2. Equities
  3. EGR1T Stock
  4. Financials Enefit Green