Delayed
CINNOBER BOAT
|
5-day change
|
1st Jan Change
|
- USD
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
44,591
|
39,142
|
41,672
|
39,349
|
39,921
|
42,646
|
-
|
-
|
Enterprise Value (EV)
1 |
50,721
|
44,784
|
47,792
|
45,514
|
52,486
|
53,989
|
53,332
|
52,806
|
P/E ratio
|
25.5
x
|
35.9
x
|
23.4
x
|
37.6
x
|
32.7
x
|
27
x
|
20.9
x
|
17.8
x
|
Yield
|
1.49%
|
1.83%
|
1.92%
|
-
|
-
|
2.08%
|
2.2%
|
2.28%
|
Capitalization / Revenue
|
2.47
x
|
2.15
x
|
2.34
x
|
2.31
x
|
2.06
x
|
2.01
x
|
1.93
x
|
1.84
x
|
EV / Revenue
|
2.81
x
|
2.46
x
|
2.68
x
|
2.67
x
|
2.7
x
|
2.55
x
|
2.41
x
|
2.28
x
|
EV / EBITDA
|
14.2
x
|
10.4
x
|
11
x
|
13
x
|
-
|
13.9
x
|
12.7
x
|
11.9
x
|
EV / FCF
|
20.6
x
|
16.7
x
|
17.4
x
|
22.4
x
|
26.1
x
|
24.1
x
|
21
x
|
18.5
x
|
FCF Yield
|
4.85%
|
6%
|
5.75%
|
4.46%
|
3.83%
|
4.15%
|
4.76%
|
5.41%
|
Price to Book
|
1.47
x
|
1.87
x
|
2.14
x
|
-
|
-
|
2.22
x
|
2.14
x
|
2.06
x
|
Nbr of stocks (in thousands)
|
221,065
|
210,112
|
196,225
|
190,403
|
189,540
|
189,680
|
-
|
-
|
Reference price
2 |
201.7
|
186.3
|
212.4
|
206.7
|
210.6
|
224.8
|
224.8
|
224.8
|
Announcement Date
|
2/4/20
|
1/29/21
|
1/31/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
18,074
|
18,194
|
17,814
|
17,062
|
19,419
|
21,202
|
22,124
|
23,193
|
EBITDA
1 |
3,566
|
4,312
|
4,364
|
3,514
|
-
|
3,883
|
4,189
|
4,427
|
EBIT
1 |
2,995
|
3,280
|
3,397
|
2,628
|
2,874
|
3,194
|
3,453
|
3,666
|
Operating Margin
|
16.57%
|
18.03%
|
19.07%
|
15.4%
|
14.8%
|
15.07%
|
15.61%
|
15.81%
|
Earnings before Tax (EBT)
1 |
1,493
|
1,322
|
2,283
|
1,273
|
1,221
|
1,876
|
2,428
|
2,756
|
Net income
1 |
1,333
|
1,119
|
1,846
|
1,062
|
1,227
|
1,617
|
2,056
|
2,353
|
Net margin
|
7.38%
|
6.15%
|
10.36%
|
6.22%
|
6.32%
|
7.63%
|
9.29%
|
10.14%
|
EPS
2 |
7.900
|
5.190
|
9.090
|
5.490
|
6.440
|
8.317
|
10.77
|
12.63
|
Free Cash Flow
1 |
2,460
|
2,686
|
2,746
|
2,029
|
2,009
|
2,240
|
2,537
|
2,854
|
FCF margin
|
13.61%
|
14.76%
|
15.41%
|
11.89%
|
10.35%
|
10.56%
|
11.47%
|
12.31%
|
FCF Conversion (EBITDA)
|
68.98%
|
62.29%
|
62.92%
|
57.74%
|
-
|
57.68%
|
60.55%
|
64.47%
|
FCF Conversion (Net income)
|
184.55%
|
240.04%
|
148.75%
|
191.05%
|
163.73%
|
138.51%
|
123.35%
|
121.33%
|
Dividend per Share
2 |
3.000
|
3.400
|
4.080
|
-
|
-
|
4.672
|
4.953
|
5.116
|
Announcement Date
|
2/4/20
|
1/29/21
|
1/31/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
---|
Net sales
1 |
4,350
|
4,103
|
4,135
|
4,246
|
4,578
|
4,471
|
4,693
|
4,915
|
5,340
|
5,211
|
5,300
|
5,243
|
5,454
|
5,410
|
5,531
|
EBITDA
1 |
1,080
|
857
|
879
|
883
|
895
|
818
|
847
|
959
|
-
|
891
|
973.5
|
980.2
|
1,029
|
1,013
|
1,061
|
EBIT
1 |
836
|
625
|
688
|
801
|
670
|
638
|
694
|
735
|
807
|
788
|
787.1
|
790.6
|
840.2
|
844
|
923
|
Operating Margin
|
19.22%
|
15.23%
|
16.64%
|
18.86%
|
14.64%
|
14.27%
|
14.79%
|
14.95%
|
15.11%
|
15.12%
|
14.85%
|
15.08%
|
15.4%
|
15.6%
|
16.69%
|
Earnings before Tax (EBT)
1 |
588
|
536
|
525
|
-321
|
533
|
373
|
372
|
400
|
76
|
290
|
487.5
|
499.7
|
574.8
|
537.9
|
596.5
|
Net income
1 |
484
|
475
|
471
|
-300
|
416
|
337
|
349
|
383
|
158
|
283
|
413.6
|
423.2
|
484.9
|
451.3
|
503.8
|
Net margin
|
11.13%
|
11.58%
|
11.39%
|
-7.07%
|
9.09%
|
7.54%
|
7.44%
|
7.79%
|
2.96%
|
5.43%
|
7.81%
|
8.07%
|
8.89%
|
8.34%
|
9.11%
|
EPS
2 |
2.460
|
2.440
|
2.420
|
-1.560
|
2.170
|
1.760
|
1.830
|
2.020
|
0.8300
|
1.480
|
2.133
|
2.217
|
2.532
|
2.390
|
2.652
|
Dividend per Share
2 |
1.020
|
1.120
|
1.120
|
1.120
|
-
|
1.140
|
1.140
|
1.140
|
-
|
-
|
1.176
|
1.176
|
1.176
|
1.203
|
1.209
|
Announcement Date
|
1/31/22
|
4/28/22
|
7/28/22
|
10/27/22
|
1/26/23
|
4/27/23
|
7/26/23
|
10/26/23
|
1/25/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,130
|
5,642
|
6,120
|
6,165
|
12,565
|
11,343
|
10,686
|
10,160
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.719
x
|
1.308
x
|
1.402
x
|
1.754
x
|
-
|
2.921
x
|
2.551
x
|
2.295
x
|
Free Cash Flow
1 |
2,460
|
2,686
|
2,746
|
2,029
|
2,009
|
2,240
|
2,537
|
2,854
|
ROE (net income / shareholders' equity)
|
13.1%
|
11.5%
|
13.1%
|
13.2%
|
12.6%
|
13%
|
13.9%
|
14.8%
|
ROA (Net income/ Total Assets)
|
5.5%
|
2.97%
|
5.15%
|
3.11%
|
3.26%
|
3.78%
|
5.44%
|
6.04%
|
Assets
1 |
24,227
|
37,648
|
35,845
|
34,116
|
37,606
|
42,751
|
37,797
|
38,935
|
Book Value Per Share
2 |
137.0
|
99.50
|
99.30
|
-
|
-
|
101.0
|
105.0
|
109.0
|
Cash Flow per Share
2 |
9.790
|
12.90
|
13.20
|
11.20
|
11.00
|
13.00
|
15.30
|
17.80
|
Capex
1 |
267
|
368
|
342
|
238
|
393
|
426
|
428
|
439
|
Capex / Sales
|
1.48%
|
2.02%
|
1.92%
|
1.39%
|
2.02%
|
2.01%
|
1.93%
|
1.89%
|
Announcement Date
|
2/4/20
|
1/29/21
|
1/31/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
224.8
USD Average target price
249
USD Spread / Average Target +10.74% Consensus |
1st Jan change
|
Capi.
|
---|
| +28.13% | 143B | | +15.44% | 82.11B | | -3.71% | 66.71B | | +25.35% | 53.3B | | +51.28% | 48.25B | | +77.38% | 39.86B | | +60.84% | 25.93B | | +83.90% | 24.85B | | +9.03% | 21.26B |
Other Aerospace & Defense
|