Financials Forvia (ex-Faurecia)

Equities

Real-time Euronext Paris Other stock markets 11:11:33 2024-09-19 am EDT			5-day change	1st Jan Change
8.586 ^EUR	+3.42%		+4.71%	-57.94%

Sep. 13	A central bank and it's off again?
Sep. 02	Forvia : Templeton GA Ltd falls below 5% of share capital	CF

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	17,768	14,654	15,618	25,458	27,248	27,302	28,475	29,909
Change	-	-17.53%	6.58%	63%	7.03%	0.2%	4.3%	5.03%
EBITDA ¹	2,404	1,679	2,109	3,012	3,328	3,453	3,758	4,066
Change	-	-30.17%	25.61%	42.82%	10.49%	3.76%	8.83%	8.18%
EBIT ¹	1,283	406	862	1,115	1,439	1,553	1,846	2,084
Change	-	-68.36%	112.32%	29.35%	29.06%	7.89%	18.92%	12.86%
Interest Paid ¹	-219.4	-167.7	-207.3	-523	-495	-420.2	-459.5	-415.2
Earnings before Tax (EBT) ¹	794	-185	276	-75	606	624.7	989.1	1,399
Change	-	-	-	-	-	3.09%	58.32%	41.48%
Net income ¹	590	-379	-79	-382	222	272.8	529.5	777.2
Change	-	-	-79.16%	383.54%	-	22.86%	94.15%	46.76%
Announcement Date	2/17/20	2/22/21	2/21/22	2/19/23	2/19/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q3	2023 Q4	2024 Q1	2024 Q2
Net sales ¹	4,185	4,601	3,085	3,874	4,610	4,005	3,778	3,426	4,409	5,322	6,301	6,591	7,244	6,528	7,099	6,531	7,003
Change	-	9.94%	-32.95%	25.58%	19%	-13.12%	-5.67%	-9.32%	28.69%	20.71%	18.4%	4.6%	9.91%	-9.88%	8.75%	-8%	7.23%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	231.8	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	10/17/19	2/17/20	7/27/20	10/23/20	2/22/21	4/19/21	7/26/21	10/26/21	2/21/22	4/26/22	7/25/22	10/21/22	2/19/23	10/20/23	2/19/24	4/18/24	7/24/24

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	6,170	8,484	7,783	7,835	11,623	13,835	13,621	13,627	13,534	13,860
Change	-	37.5%	-8.26%	0.67%	48.35%	19.03%	-1.55%	0.04%	-0.68%	2.41%
EBITDA	509	1,170	1,109	1,000	1,321	-	-	-	1,635	-
Change	-	129.86%	-5.21%	-9.83%	32.11%	-100%	-	-	-	-100%
EBIT	-114	520	510	352	426.2	689	675	764	700	-
Change	-	-	-1.92%	-30.98%	21.08%	61.66%	-2.03%	13.19%	-8.38%	-100%
Charge d'intérêts	-97.8	-48.3	-106	-112.9	-166.7	-	-	-	-	-
Earnings before Tax (EBT)	-341	155	308	-32	-183.4	108.4	200.3	405.7	171	-
Change	-	-	98.71%	-	473.12%	-	84.78%	102.55%	-57.85%	-100%
Net income	-433	54	146	-225	-296.5	-85.5	28.4	193.6	5	-
Change	-	-	170.37%	-	31.78%	-71.16%	-	581.69%	-97.42%	-100%
Announcement Date	7/27/20	2/22/21	7/26/21	2/21/22	7/25/22	2/19/23	7/27/23	2/19/24	7/24/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	2,524	3,128	3,467	7,939	6,987	6,321	5,688	5,012
Change	-	23.93%	10.84%	128.99%	-11.99%	-9.54%	-10.01%	-11.88%
Announcement Date	2/17/20	2/22/21	2/21/22	2/19/23	2/19/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	1,366	1,098	1,200	2,143	2,183	1,975	2,134	2,222
Change	-	-19.63%	9.23%	78.63%	1.89%	-9.53%	8.01%	4.13%
Free Cash Flow (FCF) ¹	416.4	626.8	193.7	321.8	431.2	734.6	871.8	881.2
Change	-	50.53%	-69.1%	66.13%	34%	70.36%	18.68%	1.08%
Announcement Date	2/17/20	2/22/21	2/21/22	2/19/23	2/19/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	13.53%	11.46%	13.5%	11.83%	12.21%	12.65%	13.2%	13.59%
EBIT Margin (%)	7.22%	2.77%	5.52%	4.38%	5.28%	5.69%	6.48%	6.97%
EBT Margin (%)	4.47%	-1.26%	1.77%	-0.29%	2.22%	2.29%	3.47%	4.68%
Net margin (%)	3.32%	-2.59%	-0.51%	-1.5%	0.81%	1%	1.86%	2.6%
FCF margin (%)	2.34%	4.28%	1.24%	1.26%	1.58%	2.69%	3.06%	2.95%
FCF / Net Income (%)	70.58%	-165.38%	-245.19%	-84.24%	194.23%	269.32%	164.64%	113.39%
Profitability
ROA	3.86%	-2.11%	0.68%	0.25%	1.09%	0.84%	1.64%	2.95%
ROE	15.03%	-10.07%	4.02%	1.68%	7.51%	8.3%	12.34%	15.41%
Financial Health
Leverage (Debt/EBITDA)	1.05x	1.86x	1.64x	2.64x	2.1x	1.83x	1.51x	1.23x
Debt / Free cash flow	6.06x	4.99x	17.9x	24.67x	16.2x	8.6x	6.52x	5.69x
Capital Intensity
CAPEX / Current Assets (%)	7.69%	7.49%	7.68%	8.42%	8.01%	7.24%	7.49%	7.43%
CAPEX / EBITDA (%)	56.83%	65.41%	56.88%	71.14%	65.6%	57.21%	56.77%	54.65%
CAPEX / FCF (%)	328.15%	175.21%	619.31%	665.88%	506.33%	268.9%	244.72%	252.12%
Items per share
Cash flow per share ¹	12.96	8.014	10.09	14.18	13.23	13.26	14.66	15.61
Change	-	-38.18%	25.92%	40.57%	-6.72%	0.2%	10.57%	6.49%
Dividend per Share ¹	1.3	1	1	-	-	0.544	0.8113	1.131
Change	-	-23.08%	0%	-	-	-	49.13%	39.36%
Book Value Per Share ¹	29.96	24.6	24.86	26.18	22.88	22.97	24.38	26.44
Change	-	-17.88%	1.05%	5.3%	-12.59%	0.39%	6.13%	8.46%
EPS ¹	4.29	-2.75	-0.57	-0.8683	1.12	1.441	2.699	3.913
Change	-	-164.1%	-79.27%	52.33%	-228.99%	28.63%	87.35%	45%
Nbr of stocks (in thousands)	136,310	136,905	134,749	196,951	197,012	196,334	196,334	196,334
Announcement Date	2/17/20	2/22/21	2/21/22	2/19/23	2/19/24	-	-	-