Financials Innelec Multimédia

Equities

Market Closed - Euronext Paris Other stock markets 10:42:32 2024-04-26 am EDT			5-day change	1st Jan Change
6.71 ^EUR	+3.23%		+3.55%	+7.88%

Feb. 16	Innelec: 20% increase in nine-month sales	CF
2023	Innelec: half-year results below expectations	CF

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	13.83	7.913	20.07	15.38	15.23	19.59	-	-
Enterprise Value (EV) ¹	12.76	7.913	15.77	25	23.43	30.79	28.39	25.39
P/E ratio	8.91 x	-11.4 x	2.83 x	13.5 x	11.6 x	15.4 x	6.51 x	5.37 x
Yield	4.01%	7.02%	-	7.25%	9.4%	7.45%	7.45%	7.45%
Capitalization / Revenue	0.13 x	0.08 x	0.16 x	0.11 x	0.09 x	0.11 x	0.11 x	0.1 x
EV / Revenue	0.12 x	0.08 x	0.13 x	0.19 x	0.14 x	0.17 x	0.15 x	0.13 x
EV / EBITDA	5.02 x	5.1 x	4.5 x	9.54 x	5.57 x	6.62 x	4 x	3.15 x
EV / FCF	7.48 x	-1.83 x	-	-	-	-56 x	8.23 x	7.81 x
FCF Yield	13.4%	-54.5%	-	-	-	-1.79%	12.2%	12.8%
Price to Book	-	0.44 x	-	-	-	0.87 x	0.79 x	0.7 x
Nbr of stocks (in thousands)	2,771	2,777	2,795	2,786	2,863	2,920	-	-
Reference price ²	4.990	2.850	7.180	5.520	5.320	6.710	6.710	6.710
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	108.2	102.4	125.6	134.4	163.3	183.9	184.9	192.2
EBITDA ¹	2.54	1.551	3.501	2.62	4.21	4.65	7.1	8.05
EBIT ¹	1.72	0.227	2.115	1.5	2.7	2.35	4.75	5.65
Operating Margin	1.59%	0.22%	1.68%	1.12%	1.65%	1.28%	2.57%	2.94%
Earnings before Tax (EBT) ¹	-	-	-	-	-	2	3	3.8
Net income ¹	1.55	-0.7	7.081	1.17	1.34	1.3	3.05	3.7
Net margin	1.43%	-0.68%	5.64%	0.87%	0.82%	0.71%	1.65%	1.93%
EPS ²	0.5600	-0.2500	2.540	0.4100	0.4600	0.4350	1.030	1.250
Free Cash Flow ¹	1.706	-4.316	-	-	-	-0.55	3.45	3.25
FCF margin	1.58%	-4.21%	-	-	-	-0.3%	1.87%	1.69%
FCF Conversion (EBITDA)	67.17%	-	-	-	-	-	48.59%	40.37%
FCF Conversion (Net income)	110.06%	-	-	-	-	-	113.11%	87.84%
Dividend per Share ²	0.2000	0.2000	-	0.4000	0.5000	0.5000	0.5000	0.5000
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	9.62	8.2	11.2	8.8	5.8
Net Cash position ¹	1.07	-	4.3	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	3.672 x	1.948 x	2.409 x	1.239 x	0.7205 x
Free Cash Flow ¹	1.71	-4.32	-	-	-	-0.55	3.45	3.25
ROE (net income / shareholders' equity)	7.61%	-3.75%	34.2%	5%	5.73%	4.8%	15.3%	16.2%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	6.420	-	-	-	7.680	8.480	9.520
Cash Flow per Share ²	0.8400	0.2400	1.210	1.000	0.8400	1.000	1.930	2.170
Capex ¹	0.35	1.87	-	-	-	1.8	1.9	1.9
Capex / Sales	0.32%	1.83%	-	-	-	0.98%	1.03%	0.99%
Announcement Date	6/13/19	6/11/20	7/20/21	6/16/22	6/14/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.71 EUR

Average target price

11.05 EUR

Spread / Average Target

+64.68%