GRAMMER AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11 EUR | +1.85% |
|
+5.77% | +0.92% |
| Apr. 09 | Dpa-AFX Overview: COMPANIES from 09.04.2024 - 15:15 | DP |
| Apr. 09 | Grammer AG Provides Group Earnings Guidance for the Full Year 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 392.3 | 296.7 | 267.6 | 157.3 | 162.5 | 164 | - | - |
| Enterprise Value (EV) 1 | 677.3 | 579.7 | 619.2 | 524.3 | 523.9 | 536 | 554 | 492 |
| P/E ratio | 8.97 x | -3.9 x | 224 x | -2.01 x | 90.8 x | 5.16 x | 3.22 x | 2.59 x |
| Yield | 0.34% | - | - | - | - | - | - | 15.4% |
| Capitalization / Revenue | 0.19 x | 0.17 x | 0.14 x | 0.07 x | 0.07 x | 0.07 x | 0.07 x | 0.06 x |
| EV / Revenue | 0.33 x | 0.34 x | 0.33 x | 0.24 x | 0.23 x | 0.23 x | 0.22 x | 0.19 x |
| EV / EBITDA | 4.24 x | 13.9 x | 6.01 x | 4.46 x | 4.23 x | 3.37 x | 2.7 x | 2.08 x |
| EV / FCF | 41.7 x | -15.1 x | -124 x | 14.9 x | 9.23 x | 37.5 x | 32.6 x | 5.07 x |
| FCF Yield | 2.4% | -6.63% | -0.8% | 6.69% | 10.8% | 2.67% | 3.07% | 19.7% |
| Price to Book | 1.15 x | 0.83 x | 0.78 x | 0.56 x | 0.62 x | 0.52 x | 0.42 x | 0.37 x |
| Nbr of stocks (in thousands) | 12,277 | 14,908 | 14,908 | 14,908 | 14,908 | 14,908 | - | - |
| Reference price 2 | 31.95 | 19.90 | 17.95 | 10.55 | 10.90 | 11.00 | 11.00 | 11.00 |
| Announcement Date | 3/30/20 | 3/31/21 | 3/30/22 | 3/29/23 | 3/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,039 | 1,711 | 1,903 | 2,159 | 2,305 | 2,328 | 2,475 | 2,568 |
| EBITDA 1 | 159.8 | 41.7 | 103.1 | 117.4 | 123.8 | 159 | 205.1 | 236 |
| EBIT 1 | 74.54 | -46.13 | 18.86 | 35.5 | 56.8 | 75 | 110.4 | 116.2 |
| Operating Margin | 3.66% | -2.7% | 0.99% | 1.64% | 2.46% | 3.22% | 4.46% | 4.52% |
| Earnings before Tax (EBT) 1 | 63.57 | -70.72 | 6.714 | -62.76 | 9.177 | 66 | 75.6 | - |
| Net income 1 | 43.68 | -63.88 | 1.233 | -78.4 | 3.414 | 31.7 | 51.35 | 63 |
| Net margin | 2.14% | -3.73% | 0.06% | -3.63% | 0.15% | 1.36% | 2.07% | 2.45% |
| EPS 2 | 3.560 | -5.100 | 0.0800 | -5.260 | 0.1200 | 2.130 | 3.415 | 4.240 |
| Free Cash Flow 1 | 16.26 | -38.44 | -4.974 | 35.09 | 56.79 | 14.3 | 17 | 97.1 |
| FCF margin | 0.8% | -2.25% | -0.26% | 1.63% | 2.46% | 0.61% | 0.69% | 3.78% |
| FCF Conversion (EBITDA) | 10.18% | - | - | 29.88% | 45.88% | 8.99% | 8.29% | 41.14% |
| FCF Conversion (Net income) | 37.23% | - | - | - | 1,663.44% | 45.11% | 33.11% | 154.13% |
| Dividend per Share 2 | 0.1100 | - | - | - | - | - | - | 1.690 |
| Announcement Date | 3/30/20 | 3/31/21 | 3/30/22 | 3/29/23 | 3/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 |
|---|---|---|---|---|
| Net sales 1 | - | 565.6 | - | 583.5 |
| EBITDA | - | - | - | - |
| EBIT 1 | - | 33.6 | - | 6.868 |
| Operating Margin | - | 5.94% | - | 1.18% |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | -5.17 | - | 2.918 | - |
| Net margin | - | - | - | - |
| EPS | -0.3500 | - | 0.1900 | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 10/27/21 | 3/29/23 | 4/27/23 | 8/14/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 285 | 283 | 352 | 367 | 361 | 372 | 390 | 328 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.784 x | 6.787 x | 3.411 x | 3.125 x | 2.92 x | 2.34 x | 1.902 x | 1.39 x |
| Free Cash Flow 1 | 16.3 | -38.4 | -4.97 | 35.1 | 56.8 | 14.3 | 17 | 97.1 |
| ROE (net income / shareholders' equity) | 13.3% | -19.8% | 0.38% | -26% | 2.96% | 11.5% | 14.5% | 15.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 27.90 | 24.00 | 23.00 | 18.80 | 17.70 | 21.30 | 26.00 | 29.50 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 108 | 69.5 | 76.3 | 71.6 | 75.6 | 83.6 | 91.6 | 93.6 |
| Capex / Sales | 5.28% | 4.06% | 4.01% | 3.32% | 3.28% | 3.59% | 3.7% | 3.65% |
| Announcement Date | 3/30/20 | 3/31/21 | 3/30/22 | 3/29/23 | 3/28/24 | - | - | - |
1EUR in Million2EUR
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
OUTPERFORM
Number of Analysts
2
Last Close Price
11
EUR
Average target price
13.5
EUR
Spread / Average Target
+22.73%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +0.92% | 175M | |
| +6.28% | 8.03B | |
| -1.98% | 5.07B | |
| +10.31% | 2.92B | |
| +2.97% | 2.61B | |
| -16.34% | 2.78B | |
| -3.12% | 2.27B | |
| +28.26% | 1.77B | |
| +3.15% | 1.49B | |
| +35.33% | 1.62B |
- Stock Market
- Equities
- GMM Stock
- Financials Grammer AG
