ERCROS, S.A. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.52 EUR | -0.14% |
|
-0.71% | +33.33% |
| Apr. 10 | Ercros Hires Advisers for Bondalti Ibérica’s EUR329 Million Takeover Bid | MT |
| Mar. 05 | Portugal's Bondalti launches $357 million takeover bid for Spain's Ercros | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 268.6 | 245.9 | 299.9 | 313 | 248.8 | 321.9 | - | - |
| Enterprise Value (EV) 1 | 390 | 337.3 | 368.3 | 390.1 | 338.8 | 428.4 | 422.9 | 380.8 |
| P/E ratio | 8.76 x | 35.3 x | 6.93 x | 5.06 x | 9.1 x | 20.1 x | 12.8 x | 10.4 x |
| Yield | 1.95% | 2.32% | 2.69% | 4.63% | 2.65% | 1.28% | 1.85% | 2.27% |
| Capitalization / Revenue | 0.39 x | 0.42 x | 0.35 x | 0.3 x | 0.33 x | 0.41 x | 0.4 x | 0.39 x |
| EV / Revenue | 0.57 x | 0.58 x | 0.43 x | 0.37 x | 0.45 x | 0.55 x | 0.52 x | 0.46 x |
| EV / EBITDA | 6.4 x | 6.8 x | 4.28 x | 2.73 x | 7.04 x | 7.49 x | 6.05 x | 5.15 x |
| EV / FCF | 17.5 x | 8.31 x | 14.1 x | 14 x | 19.6 x | 36.3 x | 32.7 x | 18.9 x |
| FCF Yield | 5.73% | 12% | 7.08% | 7.16% | 5.11% | 2.75% | 3.06% | 5.28% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 104,916 | 114,090 | 100,971 | 96,599 | 94,229 | 91,436 | - | - |
| Reference price 2 | 2.560 | 2.155 | 2.970 | 3.240 | 2.640 | 3.520 | 3.520 | 3.520 |
| Announcement Date | 2/28/20 | 2/26/21 | 3/5/22 | 2/22/23 | 2/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 689.1 | 585.3 | 852.1 | 1,060 | 757.6 | 784.4 | 811.8 | 822.1 |
| EBITDA 1 | 60.9 | 49.6 | 86.07 | 143 | 48.11 | 57.2 | 69.85 | 73.9 |
| EBIT 1 | 28.71 | 14.94 | 53.68 | 92.16 | 13.04 | 25.8 | 38.15 | 41.9 |
| Operating Margin | 4.17% | 2.55% | 6.3% | 8.7% | 1.72% | 3.29% | 4.7% | 5.1% |
| Earnings before Tax (EBT) 1 | 22.62 | 6.985 | 51.16 | 87.96 | 5.034 | 20.4 | 32.35 | 38.8 |
| Net income 1 | 31.04 | 6.257 | 43.3 | 62.99 | 27.58 | 18.2 | 25.4 | 31 |
| Net margin | 4.51% | 1.07% | 5.08% | 5.94% | 3.64% | 2.32% | 3.13% | 3.77% |
| EPS 2 | 0.2924 | 0.0610 | 0.4288 | 0.6400 | 0.2900 | 0.1750 | 0.2750 | 0.3400 |
| Free Cash Flow 1 | 22.33 | 40.58 | 26.09 | 27.93 | 17.3 | 11.8 | 12.95 | 20.1 |
| FCF margin | 3.24% | 6.93% | 3.06% | 2.64% | 2.28% | 1.5% | 1.6% | 2.44% |
| FCF Conversion (EBITDA) | 36.67% | 81.82% | 30.31% | 19.53% | 35.97% | 20.63% | 18.54% | 27.2% |
| FCF Conversion (Net income) | 71.94% | 648.6% | 60.25% | 44.35% | 62.73% | 64.84% | 50.98% | 64.84% |
| Dividend per Share 2 | 0.0500 | 0.0500 | 0.0800 | 0.1500 | 0.0700 | 0.0450 | 0.0650 | 0.0800 |
| Announcement Date | 2/28/20 | 2/26/21 | 3/5/22 | 2/22/23 | 2/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q1 | 2023 Q2 | 2024 Q1 |
|---|---|---|---|
| Net sales | 213.4 | 206.1 | - |
| EBITDA 1 | - | 14.89 | 14 |
| EBIT | - | 6.677 | - |
| Operating Margin | - | 3.24% | - |
| Earnings before Tax (EBT) | - | 4.502 | - |
| Net income | 12.73 | 3.813 | - |
| Net margin | 5.96% | 1.85% | - |
| EPS | - | - | - |
| Dividend per Share | - | - | - |
| Announcement Date | 5/3/23 | 7/26/23 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 121 | 91.5 | 68.4 | 77.1 | 90.1 | 107 | 101 | 58.9 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.994 x | 1.844 x | 0.7951 x | 0.5395 x | 1.872 x | 1.862 x | 1.447 x | 0.797 x |
| Free Cash Flow 1 | 22.3 | 40.6 | 26.1 | 27.9 | 17.3 | 11.8 | 13 | 20.1 |
| ROE (net income / shareholders' equity) | 11% | 2.2% | 14.1% | 18.2% | 7.62% | 4.9% | 7.3% | 7.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | 4.56% | - | - | - |
| Assets 1 | - | - | - | - | 605 | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 37.1 | 34.1 | 34.2 | 27.2 | 33.8 | 33 | 33.5 | 33 |
| Capex / Sales | 5.38% | 5.83% | 4.02% | 2.57% | 4.47% | 4.21% | 4.13% | 4.01% |
| Announcement Date | 2/28/20 | 2/26/21 | 3/5/22 | 2/22/23 | 2/27/24 | - | - | - |
1EUR in Million
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
BUY
Number of Analysts
1
Last Close Price
3.52
EUR
Average target price
4.55
EUR
Spread / Average Target
+29.26%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +33.33% | 344M | |
| +4.41% | 103B | |
| +1.20% | 67.6B | |
| +44.29% | 40.33B | |
| +15.99% | 38.65B | |
| +5.14% | 32.55B | |
| +5.29% | 18.94B | |
| +12.32% | 16.76B | |
| +8.31% | 14.83B | |
| +17.69% | 15.07B |
- Stock Market
- Equities
- ECR Stock
- Financials Ercros, S.A.
