INIZIATIVE BRESCIANE S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.8 EUR | -2.13% |
|
+0.73% | -6.76% |
| Mar. 27 | Iniziative Bresciane, profit soars; dividend up sharply | AN |
| Mar. 27 | Iniziative Bresciane S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 63.98 | 84.82 | 101 | 91.59 | 77.02 | 71.81 | - | - |
| Enterprise Value (EV) 1 | 128.7 | 135.9 | 188.3 | 195.5 | 77.02 | 168.8 | 163.3 | 158 |
| P/E ratio | 17.3 x | 17.5 x | 28.6 x | -174 x | 20.5 x | 14.7 x | 12.3 x | 11.1 x |
| Yield | 3.94% | 4.42% | 4.12% | 0.91% | - | 6.15% | 7.31% | - |
| Capitalization / Revenue | 3.31 x | 4.25 x | 4.48 x | 5.08 x | 3.1 x | 2.36 x | 2.32 x | 2.31 x |
| EV / Revenue | 6.67 x | 6.81 x | 8.36 x | 10.8 x | 3.1 x | 5.55 x | 5.28 x | 5.08 x |
| EV / EBITDA | 9.35 x | 9.72 x | 12.3 x | 17.4 x | 4.38 x | 7.99 x | 7.28 x | 6.98 x |
| EV / FCF | 11.4 x | -17.5 x | -11 x | -13.7 x | - | 27.2 x | 26.8 x | 19.8 x |
| FCF Yield | 8.78% | -5.71% | -9.05% | -7.31% | - | 3.67% | 3.74% | 5.06% |
| Price to Book | 1.51 x | 1.14 x | 1.33 x | 1.3 x | - | - | - | - |
| Nbr of stocks (in thousands) | 3,878 | 5,204 | 5,204 | 5,204 | 5,204 | 5,204 | - | - |
| Reference price 2 | 16.50 | 16.30 | 19.40 | 17.60 | 14.80 | 13.80 | 13.80 | 13.80 |
| Announcement Date | 3/26/20 | 4/26/21 | 3/25/22 | 3/27/23 | 3/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19.31 | 19.96 | 22.52 | 18.03 | 24.84 | 30.4 | 30.92 | 31.11 |
| EBITDA 1 | 13.76 | 13.98 | 15.26 | 11.26 | 17.57 | 21.13 | 22.43 | 22.65 |
| EBIT 1 | 6.64 | 6.647 | 7.078 | 2.004 | 7.932 | 10.39 | 11.19 | 11.11 |
| Operating Margin | 34.39% | 33.29% | 31.43% | 11.11% | 31.93% | 34.18% | 36.19% | 35.71% |
| Earnings before Tax (EBT) 1 | 6.436 | 5.495 | 5.874 | -0.927 | 3.988 | 6.45 | 7.64 | 8.46 |
| Net income 1 | 3.688 | 4.837 | 3.531 | -0.527 | 3.748 | 4.91 | 5.83 | 6.47 |
| Net margin | 19.1% | 24.23% | 15.68% | -2.92% | 15.09% | 16.15% | 18.86% | 20.8% |
| EPS 2 | 0.9511 | 0.9300 | 0.6790 | -0.1013 | 0.7202 | 0.9400 | 1.120 | 1.240 |
| Free Cash Flow 1 | 11.3 | -7.763 | -17.05 | -14.28 | - | 6.2 | 6.1 | 8 |
| FCF margin | 58.52% | -38.88% | -75.69% | -79.2% | - | 20.39% | 19.73% | 25.72% |
| FCF Conversion (EBITDA) | 82.08% | - | - | - | - | 29.34% | 27.2% | 35.32% |
| FCF Conversion (Net income) | 306.34% | - | - | - | - | 126.27% | 104.63% | 123.65% |
| Dividend per Share 2 | 0.6500 | 0.7200 | 0.8000 | 0.1600 | - | 0.8490 | 1.009 | - |
| Announcement Date | 3/26/20 | 4/26/21 | 3/25/22 | 3/27/23 | 3/27/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 S1 | 2023 S2 |
|---|---|---|
| Net sales | - | - |
| EBITDA 1 | - | 7.884 |
| EBIT 1 | - | 2.586 |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | 3.466 | - |
| Net income 1 | 3.64 | 0.1078 |
| Net margin | - | - |
| EPS | - | - |
| Dividend per Share | - | - |
| Announcement Date | 9/29/23 | 3/27/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 64.8 | 51.1 | 87.4 | 104 | - | 97 | 91.5 | 86.2 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.705 x | 3.656 x | 5.726 x | 9.228 x | - | 4.591 x | 4.079 x | 3.806 x |
| Free Cash Flow 1 | 11.3 | -7.76 | -17 | -14.3 | - | 6.2 | 6.1 | 8 |
| ROE (net income / shareholders' equity) | 8.84% | 8.14% | 4.7% | -0.73% | - | 6.4% | 7.2% | 7.6% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 10.90 | 14.30 | 14.60 | 13.60 | - | - | - | - |
| Cash Flow per Share | - | -1.560 | 1.660 | - | - | - | - | - |
| Capex 1 | 0.79 | 15.6 | 25.7 | 19.8 | - | 10 | 10 | 9 |
| Capex / Sales | 4.1% | 78.01% | 113.99% | 109.74% | - | 32.89% | 32.34% | 28.93% |
| Announcement Date | 3/26/20 | 4/26/21 | 3/25/22 | 3/27/23 | 3/27/24 | - | - | - |
1EUR in Million
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
13.8
EUR
Average target price
17.3
EUR
Spread / Average Target
+25.36%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -6.76% | 76.66M | |
| +1.28% | 10.87B | |
| +57.87% | 1.91B | |
| +11.25% | 1.66B | |
| -35.28% | 1.61B | |
| -22.12% | 1.56B | |
| +18.88% | 1.07B | |
| -13.62% | 599M | |
| -47.02% | 497M | |
| -25.92% | 415M |
- Stock Market
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- Financials Iniziative Bresciane S.p.A.
