Financials EuropaCorp BOERSE MUENCHEN

Equities

AZ6

FR0010490920

Entertainment Production

Market Closed - BOERSE MUENCHEN Other stock markets 03:43:12 2024-06-14 pm EDT			5-day change	1st Jan Change
0.365 ^EUR	0.00%		0.00%	-10.10%

Feb. 15	EuropaCorp: new Chief Executive Officer in early March	CF
Feb. 15	EuropaCorp's New CEO to Assume Role Early March	MT

Valuation

Fiscal Period: March	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	79	39.31	21.89	98.73	65.09	46.89	46.89	-
Enterprise Value (EV) ¹	314.2	198.3	189.8	142.7	65.09	72.6	65.79	71.69
P/E ratio	-0.96 x	-0.36 x	-0.23 x	0.63 x	-	17.6 x	38.1 x	19.1 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	0.35 x	0.26 x	0.31 x	2.38 x	1.84 x	1.94 x	1.23 x	1.27 x
EV / Revenue	1.4 x	1.32 x	2.72 x	3.44 x	1.84 x	1.94 x	1.72 x	1.94 x
EV / EBITDA	3,453,809 x	2,024,249 x	-	-	-	-	11,961,113 x	9,687,313 x
EV / FCF	19,330,622 x	2,233,221 x	6,057,201 x	-	-	-	18,796,034 x	-12,150,190 x
FCF Yield	0%	0%	0%	-	-	-	0%	-0%
Price to Book	8.29 x	-0.39 x	-	-	-	-	12.7 x	6.35 x
Nbr of stocks (in thousands)	40,932	40,943	40,916	122,043	123,038	123,061	123,061	-
Reference price ²	1.930	0.9600	0.5350	0.8090	0.5290	0.3810	0.3810	0.3810
Announcement Date	6/27/18	6/27/19	7/31/20	6/24/21	6/29/22	6/21/23	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	223.7	150	69.77	41.5	35.3	37.5	38.2	37
EBITDA	90.97	97.96	-	-	-	-	5.5	7.4
EBIT ¹	-74	-79	-	3.7	19	3.5	4	5.9
Operating Margin	-33.08%	-52.67%	-	8.92%	53.82%	9.33%	10.47%	15.95%
Earnings before Tax (EBT)	-82.11	-100.1	-	-	-	-	-	-
Net income ¹	-82.83	-109.9	-95.05	122.7	16.7	0.1	1.8	2.8
Net margin	-37.03%	-73.27%	-136.24%	295.66%	47.31%	0.27%	4.71%	7.57%
EPS ²	-2.020	-2.690	-2.320	1.280	-	0.0217	0.0100	0.0200
Free Cash Flow	16.25	88.8	31.33	-	-	-	3.5	-5.9
FCF margin	7.27%	59.2%	44.9%	-	-	-	9.16%	-15.95%
FCF Conversion (EBITDA)	17.87%	90.64%	-	-	-	-	63.64%	-
FCF Conversion (Net income)	-	-	-	-	-	-	194.44%	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	6/27/18	6/27/19	7/31/20	6/24/21	6/29/22	6/21/23	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2024 S1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	1
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	12/14/23

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	235	159	168	44	-	52.8	18.9	24.8
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.585 x	1.623 x	-	-	-	-	3.436 x	3.351 x
Free Cash Flow	16.3	88.8	31.3	-	-	-	3.5	-5.9
ROE (net income / shareholders' equity)	-	-	-	-	-	173%	-	37.5%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	0.2300	-2.440	-	-	-	-	0.0300	0.0600
Cash Flow per Share ²	2.070	1.880	-0.7200	0.0800	-	0.0300	0.0300	0.0400
Capex	90.2	11.5	-	-	-	-	-	10
Capex / Sales	40.32%	7.67%	-	-	-	-	-	27.03%
Announcement Date	6/27/18	6/27/19	7/31/20	6/24/21	6/29/22	6/21/23	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for EuropaCorp

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.381 EUR

Average target price

0.5 EUR

Spread / Average Target

+31.23%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

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