EUROCASH S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.54 PLN | +0.97% |
|
+2.50% | -18.68% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,039 | 1,955 | 1,509 | 1,893 | 2,317 | 1,884 | - | - |
| Enterprise Value (EV) 1 | 5,384 | 4,570 | 4,422 | 4,612 | 2,317 | 4,521 | 4,443 | 4,603 |
| P/E ratio | 43.7 x | 31.9 x | -13.2 x | 28.3 x | 23.5 x | - | 10.3 x | 12.9 x |
| Yield | 4.72% | 0.14% | 5.07% | 0.59% | - | 3.69% | 4.75% | 3.69% |
| Capitalization / Revenue | 0.12 x | 0.08 x | 0.06 x | 0.06 x | 0.07 x | 0.05 x | 0.05 x | 0.05 x |
| EV / Revenue | 0.22 x | 0.18 x | 0.17 x | 0.15 x | 0.07 x | 0.13 x | 0.12 x | 0.12 x |
| EV / EBITDA | 6.78 x | 5.68 x | 5.65 x | 4.61 x | 2.17 x | 4.14 x | 3.84 x | 3.96 x |
| EV / FCF | 10.2 x | 10.6 x | 9.01 x | 17.3 x | - | 20.8 x | 13.7 x | 15.8 x |
| FCF Yield | 9.84% | 9.47% | 11.1% | 5.76% | - | 4.8% | 7.29% | 6.33% |
| Price to Book | 3.39 x | 2.09 x | 2.16 x | 2.67 x | - | 2.37 x | 2.18 x | - |
| Nbr of stocks (in thousands) | 139,163 | 139,163 | 139,163 | 139,163 | 139,163 | 139,163 | - | - |
| Reference price 2 | 21.84 | 14.05 | 10.84 | 13.60 | 16.65 | 13.54 | 13.54 | 13.54 |
| Announcement Date | 3/12/20 | 3/10/21 | 4/15/22 | 3/27/23 | 4/18/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 24,720 | 25,411 | 26,281 | 30,858 | 32,452 | 35,058 | 36,753 | 37,959 |
| EBITDA 1 | 794.1 | 803.9 | 782.2 | 1,000 | 1,066 | 1,092 | 1,158 | 1,162 |
| EBIT 1 | 208.4 | 250.4 | 97.53 | 403.7 | 436 | 455.6 | 501.3 | 575.5 |
| Operating Margin | 0.84% | 0.99% | 0.37% | 1.31% | 1.34% | 1.3% | 1.36% | 1.52% |
| Earnings before Tax (EBT) 1 | 113.4 | 107.9 | -0.9397 | 182.6 | 195 | 331 | 442.5 | 237 |
| Net income 1 | 69.86 | 68.07 | -113.6 | 67.11 | 99.2 | 160.2 | 217.6 | 146 |
| Net margin | 0.28% | 0.27% | -0.43% | 0.22% | 0.31% | 0.46% | 0.59% | 0.38% |
| EPS | 0.5000 | 0.4400 | -0.8200 | 0.4800 | 0.7100 | - | 1.312 | 1.050 |
| Free Cash Flow 1 | 529.6 | 433 | 490.7 | 265.8 | - | 217 | 324 | 291.5 |
| FCF margin | 2.14% | 1.7% | 1.87% | 0.86% | - | 0.62% | 0.88% | 0.77% |
| FCF Conversion (EBITDA) | 66.7% | 53.86% | 62.74% | 26.58% | - | 19.88% | 27.97% | 25.09% |
| FCF Conversion (Net income) | 758.13% | 636.11% | - | 396.13% | - | 135.42% | 148.88% | 199.66% |
| Dividend per Share 2 | 1.030 | 0.0200 | 0.5500 | 0.0800 | - | 0.4996 | 0.6429 | 0.5000 |
| Announcement Date | 3/12/20 | 3/10/21 | 4/15/22 | 3/27/23 | 4/18/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,030 | 6,889 | 6,528 | 7,839 | 8,268 | 8,223 | 7,588 | 8,379 | 8,570 | 7,920 | 7,665 |
| EBITDA 1 | 235.8 | 343.7 | 151 | 256.3 | 284.9 | 308.1 | 165.5 | 268.9 | 305.1 | 326.1 | 158.5 |
| EBIT 1 | 94.02 | 95.18 | 1.661 | 104.5 | 132.1 | 165.5 | 14.16 | 112.1 | 141.9 | 167.8 | -19 |
| Operating Margin | 1.34% | 1.38% | 0.03% | 1.33% | 1.6% | 2.01% | 0.19% | 1.34% | 1.66% | 2.12% | -0.25% |
| Earnings before Tax (EBT) 1 | 58.71 | 73.3 | - | 51.81 | - | 109.9 | - | 70.46 | 53.82 | 118.4 | -81 |
| Net income 1 | 27.45 | 26.83 | -51.7 | 15.1 | 34.07 | 69.64 | -51.64 | 38.34 | 29.96 | 65.13 | -65 |
| Net margin | 0.39% | 0.39% | -0.79% | 0.19% | 0.41% | 0.85% | -0.68% | 0.46% | 0.35% | 0.82% | -0.85% |
| EPS | 0.2000 | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 4/15/22 | 5/12/22 | 8/29/22 | 11/10/22 | 3/27/23 | 5/12/23 | 8/29/23 | 11/10/23 | 4/18/24 | - |
1PLN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,345 | 2,615 | 2,913 | 2,719 | - | 2,636 | 2,559 | 2,719 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.953 x | 3.253 x | 3.724 x | 2.719 x | - | 2.415 x | 2.209 x | 2.34 x |
| Free Cash Flow 1 | 530 | 433 | 491 | 266 | - | 217 | 324 | 292 |
| ROE (net income / shareholders' equity) | 7.46% | 7.43% | -14.1% | 9.52% | - | - | 16.8% | 15.9% |
| ROA (Net income/ Total Assets) | 1.01% | 0.85% | -1.37% | 0.78% | - | - | 2.5% | - |
| Assets 1 | 6,948 | 7,975 | 8,277 | 8,579 | - | - | 8,705 | - |
| Book Value Per Share 2 | 6.450 | 6.720 | 5.020 | 5.100 | - | 5.720 | 6.220 | - |
| Cash Flow per Share 2 | 4.910 | 4.000 | 4.590 | 6.380 | - | 6.290 | 6.590 | - |
| Capex 1 | 154 | 124 | 147 | 167 | - | 271 | 273 | 323 |
| Capex / Sales | 0.62% | 0.49% | 0.56% | 0.54% | - | 0.77% | 0.74% | 0.85% |
| Announcement Date | 3/12/20 | 3/10/21 | 4/15/22 | 3/27/23 | 4/18/24 | - | - | - |
1PLN in Million2PLN
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
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
13.54
PLN
Average target price
20.01
PLN
Spread / Average Target
+47.78%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -18.68% | 465M | |
| +14.48% | 485B | |
| +21.40% | 40.05B | |
| +5.39% | 38.37B | |
| +18.78% | 34.13B | |
| +7.63% | 28.47B | |
| -15.08% | 25.16B | |
| -0.55% | 25.08B | |
| +11.96% | 17.99B | |
| +4.35% | 17.88B |
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- Financials Eurocash S.A.
