Real-time Estimate
Cboe BZX
12:07:33 2025-02-13 pm EST
|
5-day change
|
1st Jan Change
|
250.48 USD
|
-0.34%
|
|
-1.96%
|
-4.92%
|
 Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
37,925
|
38,469
|
39,407
|
42,272
|
47,716
|
50,279
|
52,472
|
53,982
|
Change
|
-
|
1.43%
|
2.44%
|
7.27%
|
12.88%
|
5.37%
|
4.36%
|
2.88%
|
EBITDA
1 |
5,011
|
5,053
|
5,095
|
5,108
|
5,682
|
6,110
|
6,641
|
7,078
|
Change
|
-
|
0.84%
|
0.83%
|
0.26%
|
11.24%
|
7.53%
|
8.7%
|
6.58%
|
EBIT
1 |
4,133
|
4,163
|
4,211
|
4,245
|
4,796
|
5,199
|
5,740
|
6,114
|
Change
|
-
|
0.73%
|
1.15%
|
0.81%
|
12.98%
|
8.4%
|
10.41%
|
6.51%
|
Interest Paid
1 |
-477
|
-424
|
-364
|
-343
|
-324
|
-307.6
|
-293.8
|
-252.5
|
Earnings before Tax (EBT)
1 |
3,738
|
3,873
|
4,036
|
3,984
|
4,540
|
4,970
|
5,510
|
5,847
|
Change
|
-
|
3.61%
|
4.21%
|
-1.29%
|
13.96%
|
9.48%
|
10.85%
|
6.12%
|
Net income
1 |
3,167
|
3,257
|
3,390
|
3,315
|
3,782
|
4,090
|
4,544
|
4,798
|
Change
|
-
|
2.84%
|
4.08%
|
-2.21%
|
14.09%
|
8.14%
|
11.1%
|
5.58%
|
Announcement Date
|
1/27/21
|
1/26/22
|
1/25/23
|
1/24/24
|
1/29/25
|
-
|
-
|
-
|
 Fiscal Period: December |
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
2026 Q2
|
2026 Q3
|
2026 Q4
|
---|
Net sales
1 |
8,749
|
9,264
|
9,431
|
10,481
|
9,389
|
9,220
|
9,568
|
10,292
|
9,392
|
9,189
|
9,975
|
10,851
|
9,881
|
10,152
|
10,571
|
11,668
|
10,731
|
11,976
|
11,671
|
13,338
|
11,896
|
12,124
|
12,533
|
13,720
|
11,932
|
12,857
|
13,096
|
14,360
|
Change
|
-
|
5.89%
|
1.8%
|
11.13%
|
-10.42%
|
-1.8%
|
3.77%
|
7.57%
|
-8.74%
|
-2.16%
|
8.55%
|
8.78%
|
-8.94%
|
2.74%
|
4.13%
|
10.38%
|
-8.03%
|
11.6%
|
-2.55%
|
14.28%
|
-10.81%
|
1.91%
|
3.38%
|
9.47%
|
-13.03%
|
7.75%
|
1.86%
|
9.65%
|
EBITDA
1 |
1,153
|
1,060
|
1,296
|
1,528
|
1,153
|
1,183
|
1,291
|
1,426
|
1,121
|
1,190
|
1,317
|
1,467
|
1,164
|
1,169
|
1,265
|
1,510
|
1,247
|
1,373
|
1,399
|
1,663
|
1,447
|
1,411
|
1,507
|
1,728
|
1,460
|
1,586
|
1,664
|
1,800
|
Change
|
-
|
-8.07%
|
22.26%
|
17.9%
|
-24.54%
|
2.6%
|
9.13%
|
10.46%
|
-21.39%
|
6.16%
|
10.67%
|
11.39%
|
-20.65%
|
0.43%
|
8.21%
|
19.37%
|
-17.42%
|
10.1%
|
1.89%
|
18.87%
|
-12.98%
|
-2.52%
|
6.86%
|
14.64%
|
-15.5%
|
8.6%
|
4.91%
|
8.16%
|
EBIT
1 |
941
|
841
|
1,084
|
1,293
|
938
|
959
|
1,080
|
1,186
|
908
|
978
|
1,098
|
1,227
|
938
|
962
|
1,057
|
1,288
|
1,036
|
1,156
|
1,181
|
1,423
|
1,210
|
1,189
|
1,278
|
1,489
|
1,237
|
1,360
|
1,413
|
1,592
|
Change
|
-
|
-10.63%
|
28.89%
|
19.28%
|
-27.46%
|
2.24%
|
12.62%
|
9.81%
|
-23.44%
|
7.71%
|
12.27%
|
11.75%
|
-23.55%
|
2.56%
|
9.88%
|
21.85%
|
-19.57%
|
11.58%
|
2.16%
|
20.49%
|
-14.98%
|
-1.7%
|
7.47%
|
16.51%
|
-16.96%
|
10%
|
3.88%
|
12.68%
|
Charge d'intérêts
1 |
-107
|
-132
|
-118
|
-120
|
-123
|
-109
|
-99
|
-93
|
-98
|
-95
|
-86
|
-85
|
-91
|
-89
|
-85
|
-78
|
-82
|
-84
|
-82
|
-76
|
-78.38
|
-78.25
|
-76
|
-75.25
|
-77
|
-77
|
-77
|
-77
|
Earnings before Tax (EBT)
1 |
848
|
727
|
978
|
1,185
|
845
|
881
|
1,015
|
1,132
|
849
|
923
|
1,053
|
1,211
|
880
|
886
|
991
|
1,227
|
968
|
1,090
|
1,114
|
1,368
|
1,135
|
1,141
|
1,241
|
1,444
|
1,169
|
1,307
|
1,350
|
1,556
|
Change
|
-
|
-14.27%
|
34.53%
|
21.17%
|
-28.69%
|
4.26%
|
15.21%
|
11.53%
|
-25%
|
8.72%
|
14.08%
|
15%
|
-27.33%
|
0.68%
|
11.85%
|
23.81%
|
-21.11%
|
12.6%
|
2.2%
|
22.8%
|
-17.05%
|
0.53%
|
8.78%
|
16.4%
|
-19.08%
|
11.81%
|
3.33%
|
15.25%
|
Net income
1 |
706
|
625
|
834
|
1,002
|
708
|
737
|
860
|
952
|
730
|
766
|
902
|
992
|
730
|
744
|
836
|
1,005
|
799
|
905
|
930
|
1,148
|
939.1
|
939
|
1,011
|
1,183
|
970.4
|
1,085
|
1,121
|
1,283
|
Change
|
-
|
-11.47%
|
33.44%
|
20.14%
|
-29.34%
|
4.1%
|
16.69%
|
10.7%
|
-23.32%
|
4.93%
|
17.75%
|
9.98%
|
-26.41%
|
1.92%
|
12.37%
|
20.22%
|
-20.5%
|
13.27%
|
2.76%
|
23.44%
|
-18.2%
|
-0.01%
|
7.62%
|
17.04%
|
-17.95%
|
11.78%
|
3.33%
|
14.47%
|
Announcement Date
|
4/29/20
|
7/29/20
|
10/28/20
|
1/27/21
|
4/28/21
|
7/28/21
|
10/27/21
|
1/26/22
|
4/27/22
|
7/27/22
|
10/26/22
|
1/25/23
|
4/26/23
|
7/26/23
|
10/25/23
|
1/24/24
|
4/24/24
|
7/24/24
|
10/23/24
|
1/29/25
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
10,174
|
9,892
|
9,254
|
7,348
|
7,065
|
6,503
|
6,070
|
5,430
|
Change
|
-
|
-2.77%
|
-6.45%
|
-20.6%
|
-3.85%
|
-7.95%
|
-6.66%
|
-10.54%
|
Announcement Date
|
1/27/21
|
1/26/22
|
1/25/23
|
1/24/24
|
1/29/25
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
CAPEX
1 |
967
|
887
|
1,114
|
904
|
916
|
1,015
|
1,022
|
1,036
|
Change
|
-
|
-8.27%
|
25.59%
|
-18.85%
|
1.33%
|
10.79%
|
0.7%
|
1.35%
|
Free Cash Flow (FCF)
1 |
2,891
|
3,384
|
3,465
|
3,806
|
3,196
|
3,402
|
4,393
|
4,947
|
Change
|
-
|
17.05%
|
2.39%
|
9.84%
|
-16.03%
|
6.44%
|
29.12%
|
12.63%
|
Announcement Date
|
1/27/21
|
1/26/22
|
1/25/23
|
1/24/24
|
1/29/25
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
13.21%
|
13.14%
|
12.93%
|
12.08%
|
11.91%
|
12.15%
|
12.66%
|
13.11%
|
EBIT Margin (%)
|
10.9%
|
10.82%
|
10.69%
|
10.04%
|
10.05%
|
10.34%
|
10.94%
|
11.33%
|
EBT Margin (%)
|
9.86%
|
10.07%
|
10.24%
|
9.42%
|
9.51%
|
9.89%
|
10.5%
|
10.83%
|
Net margin (%)
|
8.35%
|
8.47%
|
8.6%
|
7.84%
|
7.93%
|
8.13%
|
8.66%
|
8.89%
|
FCF margin (%)
|
7.62%
|
8.8%
|
8.79%
|
9%
|
6.7%
|
6.77%
|
8.37%
|
9.16%
|
FCF / Net Income (%)
|
91.29%
|
103.9%
|
102.21%
|
114.81%
|
84.51%
|
83.18%
|
96.67%
|
103.12%
|
Profitability
| | | | | | | | |
---|
ROA
|
6.29%
|
6.43%
|
6.67%
|
6.23%
|
6.83%
|
7.19%
|
7.72%
|
7.99%
|
ROE
|
22%
|
20.4%
|
18.72%
|
16.8%
|
17.2%
|
18.06%
|
19.35%
|
20.03%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
2.03x
|
1.96x
|
1.82x
|
1.44x
|
1.24x
|
1.06x
|
0.91x
|
0.77x
|
Debt / Free cash flow
|
3.52x
|
2.92x
|
2.67x
|
1.93x
|
2.21x
|
1.91x
|
1.38x
|
1.1x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
2.55%
|
2.31%
|
2.83%
|
2.14%
|
1.92%
|
2.02%
|
1.95%
|
1.92%
|
CAPEX / EBITDA (%)
|
19.3%
|
17.55%
|
21.86%
|
17.7%
|
16.12%
|
16.61%
|
15.39%
|
14.63%
|
CAPEX / FCF (%)
|
33.45%
|
26.21%
|
32.15%
|
23.75%
|
28.66%
|
29.83%
|
23.27%
|
20.94%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
13.4
|
15.15
|
16.46
|
17.08
|
14.82
|
17.17
|
20.1
|
21.5
|
Change
|
-
|
13.02%
|
8.68%
|
3.79%
|
-13.26%
|
15.89%
|
17.06%
|
6.98%
|
Dividend per Share
1 |
4.4
|
4.76
|
5.04
|
5.28
|
-
|
5.964
|
6.382
|
6.735
|
Change
|
-
|
8.18%
|
5.88%
|
4.76%
|
-
|
-
|
7.02%
|
5.53%
|
Book Value Per Share
1 |
54.67
|
63.54
|
67.66
|
77.85
|
81.61
|
85.31
|
88
|
90.79
|
Change
|
-
|
16.22%
|
6.48%
|
15.06%
|
4.83%
|
4.53%
|
3.16%
|
3.17%
|
EPS
1 |
11
|
11.55
|
12.19
|
12.02
|
13.63
|
14.89
|
16.9
|
18.49
|
Change
|
-
|
5%
|
5.54%
|
-1.39%
|
13.39%
|
9.27%
|
13.46%
|
9.45%
|
Nbr of stocks (in thousands)
|
286,314
|
278,734
|
274,017
|
272,408
|
274,528
|
269,946
|
269,946
|
269,946
|
Announcement Date
|
1/27/21
|
1/26/22
|
1/25/23
|
1/24/24
|
1/29/25
|
-
|
-
|
-
|
| 2025 * | 2026 * |
---|
P/E ratio |
16.9x |
14.9x |
---|
PBR |
2.95x |
2.86x |
---|
EV / Sales |
1.48x |
1.41x |
---|
Yield |
2.37% |
2.54% |
---|
Last Close Price 251.33USD Average target price 292.44USD Spread / Average Target +16.36% Consensus
|