Financials KATEK SE Deutsche Boerse AG

Equities

KTEK

DE000A2TSQH7

Electronic Equipment & Parts

Market Closed - Deutsche Boerse AG Other stock markets 03:41:18 2024-04-26 pm EDT			5-day change	1st Jan Change
14.95 ^EUR	0.00%		-0.66%	+35.91%

Apr. 15	Kontron starts acceptance period for remaining Katek stake	DP
Apr. 15	KATEK SE Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	343.6	194.7	217.4	217.4	-
Enterprise Value (EV) ¹	422.4	332.4	157.5	358.2	328.5
P/E ratio	37.1 x	-29.4 x	-3,633 x	-753 x	8.53 x
Yield	-	-	-	-	-
Capitalization / Revenue	0.64 x	0.28 x	0.2 x	0.26 x	0.22 x
EV / Revenue	0.78 x	0.49 x	0.2 x	0.42 x	0.33 x
EV / EBITDA	14.7 x	14.4 x	3.76 x	9.18 x	4.59 x
EV / FCF	-11.1 x	-11.1 x	23.8 x	299 x	27.4 x
FCF Yield	-9%	-9%	4.2%	0.34%	3.65%
Price to Book	2.09 x	1.19 x	1.31 x	1.25 x	1.14 x
Nbr of stocks (in thousands)	13,242	13,242	14,446	14,446	-
Reference price ²	25.95	14.70	15.05	15.05	15.05
Announcement Date	3/30/22	3/31/23	4/15/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	414.2	540.1	683.1	782.8	847	985.3
EBITDA ¹	-	28.7	23.13	41.88	39	71.5
EBIT ¹	-	7.472	0.79	14.44	10.2	43.55
Operating Margin	-	1.38%	0.12%	1.85%	1.2%	4.42%
Earnings before Tax (EBT) ¹	-	4.601	-9.851	1.316	-0.5	36.1
Net income ¹	1.591	8.454	-6.643	-0.049	-0.3	25.5
Net margin	0.38%	1.57%	-0.97%	-0.01%	-0.04%	2.59%
EPS ²	-	0.7000	-0.5000	-0.003000	-0.0200	1.765
Free Cash Flow ¹	-	-38.03	-29.9	14.45	1.2	12
FCF margin	-	-7.04%	-4.38%	1.83%	0.14%	1.22%
FCF Conversion (EBITDA)	-	-	-	35.24%	3.08%	16.78%
FCF Conversion (Net income)	-	-	-	262.73%	-	47.06%
Dividend per Share ²	-	-	-	-	-	-
Announcement Date	3/10/21	3/30/22	3/31/23	4/15/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 Q3	2023 Q2	2023 Q3
Net sales ¹	315.9	179.9	-	197.5
EBITDA	16.94	4.258	-	-
EBIT	-	-4.456	-	-
Operating Margin	-	-2.48%	-	-
Earnings before Tax (EBT)	-	-	-2.325	-
Net income	-	-	-1.602	-
Net margin	-	-	-	-
EPS	-	-	-	-
Dividend per Share	-	-	-	-
Announcement Date	8/16/22	11/14/22	8/11/23	11/14/23

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	78.7	138	126	141	111
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	2.744 x	5.956 x	3.083 x	3.61 x	1.553 x
Free Cash Flow ¹	-	-38	-29.9	14.5	1.2	12
ROE (net income / shareholders' equity)	-	7.86%	-4.24%	3.2%	-0.2%	12.4%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	12.40	12.30	11.50	12.00	13.20
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	16.5	30	29.2	36	31.3
Capex / Sales	-	3.05%	4.39%	3.69%	4.25%	3.17%
Announcement Date	3/10/21	3/30/22	3/31/23	4/15/24	-	-

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

Ratings for KATEK SE

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.05 EUR

Average target price

25.25 EUR

Spread / Average Target

+67.77%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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