Market Closed -
London S.E.
10:11:20 2021-01-07 am EST
|
5-day change
|
1st Jan Change
|
147.4
USD
|
+10.15%
|
|
-7.12%
|
-26.28%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
12,446
|
14,441
|
21,465
|
18,053
|
20,602
|
16,034
|
-
|
-
|
Enterprise Value (EV)
1 |
13,707
|
15,433
|
22,411
|
19,263
|
22,124
|
17,403
|
17,171
|
16,761
|
P/E ratio
|
24.6
x
|
28.8
x
|
28.6
x
|
18.9
x
|
28.7
x
|
24.3
x
|
18.3
x
|
15.4
x
|
Yield
|
0.89%
|
0.79%
|
0.58%
|
0.92%
|
0.84%
|
1.1%
|
1.16%
|
1.04%
|
Capitalization / Revenue
|
1.36
x
|
1.5
x
|
1.76
x
|
1.22
x
|
1.61
x
|
1.27
x
|
1.16
x
|
1.07
x
|
EV / Revenue
|
1.5
x
|
1.6
x
|
1.84
x
|
1.3
x
|
1.72
x
|
1.38
x
|
1.25
x
|
1.12
x
|
EV / EBITDA
|
10.6
x
|
12.4
x
|
14
x
|
9.75
x
|
12.8
x
|
10.2
x
|
8.51
x
|
7.51
x
|
EV / FCF
|
56.1
x
|
29.6
x
|
64.6
x
|
55.8
x
|
125
x
|
27.4
x
|
30.3
x
|
27.2
x
|
FCF Yield
|
1.78%
|
3.38%
|
1.55%
|
1.79%
|
0.8%
|
3.65%
|
3.3%
|
3.68%
|
Price to Book
|
5.47
x
|
5.55
x
|
6.89
x
|
4.93
x
|
5.02
x
|
3.63
x
|
3.26
x
|
2.97
x
|
Nbr of stocks (in thousands)
|
106,578
|
105,679
|
105,014
|
103,537
|
103,143
|
103,197
|
-
|
-
|
Reference price
2 |
116.8
|
136.6
|
204.4
|
174.4
|
199.7
|
155.4
|
155.4
|
155.4
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/18/22
|
1/18/23
|
1/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
9,165
|
9,637
|
12,168
|
14,814
|
12,830
|
12,640
|
13,770
|
14,968
|
EBITDA
1 |
1,297
|
1,240
|
1,603
|
1,976
|
1,731
|
1,701
|
2,018
|
2,232
|
EBIT
1 |
798
|
713.1
|
1,046
|
1,330
|
993.2
|
952.7
|
1,221
|
1,400
|
Operating Margin
|
8.71%
|
7.4%
|
8.59%
|
8.98%
|
7.74%
|
7.54%
|
8.87%
|
9.36%
|
Earnings before Tax (EBT)
1 |
680.9
|
666
|
999.8
|
1,281
|
934.9
|
875.9
|
1,152
|
1,325
|
Net income
1 |
516.3
|
506
|
760.8
|
969.4
|
728.3
|
660.3
|
875.3
|
1,018
|
Net margin
|
5.63%
|
5.25%
|
6.25%
|
6.54%
|
5.68%
|
5.22%
|
6.36%
|
6.8%
|
EPS
2 |
4.750
|
4.740
|
7.140
|
9.210
|
6.970
|
6.389
|
8.484
|
10.06
|
Free Cash Flow
1 |
244.2
|
522.1
|
346.9
|
345
|
176.7
|
634.8
|
565.8
|
616
|
FCF margin
|
2.66%
|
5.42%
|
2.85%
|
2.33%
|
1.38%
|
5.02%
|
4.11%
|
4.12%
|
FCF Conversion (EBITDA)
|
18.83%
|
42.09%
|
21.64%
|
17.46%
|
10.21%
|
37.31%
|
28.04%
|
27.6%
|
FCF Conversion (Net income)
|
47.3%
|
103.17%
|
45.59%
|
35.59%
|
24.26%
|
96.13%
|
64.64%
|
60.51%
|
Dividend per Share
2 |
1.040
|
1.080
|
1.180
|
1.600
|
1.680
|
1.714
|
1.809
|
1.622
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/18/22
|
1/18/23
|
1/18/24
|
-
|
-
|
-
|
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 |
3,497
|
3,489
|
3,838
|
3,838
|
3,650
|
3,230
|
3,133
|
3,164
|
3,304
|
2,944
|
3,067
|
3,193
|
3,359
|
3,173
|
3,305
|
EBITDA
1 |
463.8
|
483.1
|
510.7
|
528.8
|
453.6
|
453.3
|
450.7
|
429.4
|
397.7
|
377.4
|
411.9
|
436.2
|
456.5
|
475.4
|
-
|
EBIT
1 |
322.5
|
334.3
|
353.1
|
362.2
|
281.9
|
277.5
|
270.7
|
241.7
|
203.3
|
194.4
|
227.8
|
249.2
|
269.9
|
256.5
|
282.6
|
Operating Margin
|
9.22%
|
9.58%
|
9.2%
|
9.44%
|
7.72%
|
8.59%
|
8.64%
|
7.64%
|
6.15%
|
6.6%
|
7.43%
|
7.8%
|
8.04%
|
8.08%
|
8.55%
|
Earnings before Tax (EBT)
1 |
312.8
|
321.7
|
340.2
|
348.7
|
270.8
|
262.7
|
256.1
|
229.1
|
186.9
|
178.7
|
211.2
|
231.7
|
250.5
|
222.8
|
268
|
Net income
1 |
242.2
|
243.3
|
255.3
|
269.4
|
201.3
|
197.8
|
189.6
|
187.4
|
153.5
|
127.5
|
160.1
|
177.7
|
192.8
|
187.8
|
212
|
Net margin
|
6.93%
|
6.97%
|
6.65%
|
7.02%
|
5.52%
|
6.12%
|
6.05%
|
5.92%
|
4.65%
|
4.33%
|
5.22%
|
5.57%
|
5.74%
|
5.92%
|
6.41%
|
EPS
2 |
2.280
|
2.290
|
2.420
|
2.570
|
1.920
|
1.890
|
1.810
|
1.800
|
1.470
|
1.220
|
1.544
|
1.721
|
1.863
|
1.761
|
2.018
|
Dividend per Share
2 |
0.3000
|
0.4000
|
0.4000
|
0.4000
|
0.4000
|
0.4200
|
0.4200
|
-
|
0.4200
|
-
|
0.4409
|
0.4409
|
0.4409
|
0.4928
|
0.4928
|
Announcement Date
|
1/18/22
|
4/18/22
|
7/19/22
|
10/18/22
|
1/18/23
|
4/17/23
|
7/18/23
|
10/17/23
|
1/18/24
|
4/16/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,261
|
992
|
946
|
1,210
|
1,523
|
1,369
|
1,138
|
728
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.9719
x
|
0.7998
x
|
0.5901
x
|
0.6122
x
|
0.8796
x
|
0.805
x
|
0.5639
x
|
0.3261
x
|
Free Cash Flow
1 |
244
|
522
|
347
|
345
|
177
|
635
|
566
|
616
|
ROE (net income / shareholders' equity)
|
25.8%
|
20.8%
|
26.6%
|
28.6%
|
18.7%
|
15.6%
|
18.7%
|
19%
|
ROA (Net income/ Total Assets)
|
10.7%
|
8.86%
|
12%
|
13.3%
|
8.91%
|
7.65%
|
9.61%
|
10.9%
|
Assets
1 |
4,835
|
5,709
|
6,360
|
7,268
|
8,170
|
8,634
|
9,109
|
9,340
|
Book Value Per Share
2 |
21.30
|
24.60
|
29.70
|
35.30
|
39.80
|
42.80
|
47.60
|
52.40
|
Cash Flow per Share
2 |
10.10
|
10.50
|
11.50
|
16.90
|
16.70
|
14.30
|
16.70
|
18.90
|
Capex
1 |
688
|
601
|
877
|
1,432
|
1,600
|
953
|
1,054
|
1,100
|
Capex / Sales
|
7.51%
|
6.23%
|
7.21%
|
9.67%
|
12.47%
|
7.54%
|
7.65%
|
7.35%
|
Announcement Date
|
1/17/20
|
1/19/21
|
1/18/22
|
1/18/23
|
1/18/24
|
-
|
-
|
-
|
Last Close Price
155.4
USD Average target price
190.4
USD Spread / Average Target +22.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -13.82% | 37.66B | | +5.02% | 12.04B | | +4.31% | 11.52B | | -6.35% | 6.47B | | -13.16% | 2.36B | | -16.31% | 2.25B | | +3.68% | 1.56B | | -16.16% | 1.41B | | +244.37% | 1.28B |
Freight Trucking
|