Financials Lamda Development S.A.

Equities

LAMDA

GRS245213004

Real Estate Development & Operations

Market Closed - Athens S.E. 10:18:04 2024-04-26 am EDT 5-day change 1st Jan Change
6.97 EUR +2.20% Intraday chart for Lamda Development S.A. +1.01% +3.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 1,439 1,255 1,217 1,020 1,174 1,205 -
Enterprise Value (EV) 1 1,254 1,270 1,770 1,020 1,174 1,205 1,205
P/E ratio 13.3 x -24.5 x 6.39 x -32.5 x 42.3 x 7.88 x 11.6 x
Yield - - - - - - -
Capitalization / Revenue 17.6 x 18.5 x 15.4 x 7.2 x 2.61 x 1.27 x 1.41 x
EV / Revenue 17.6 x 18.5 x 15.4 x 7.2 x 2.61 x 1.27 x 1.41 x
EV / EBITDA 28.5 x 52.1 x 30.5 x -80.7 x 8.9 x 5.1 x 3.67 x
EV / FCF -116,817,024 x -18,568,627 x 219,998,272 x - - - -
FCF Yield -0% -0% 0% - - - -
Price to Book - - 1.01 x - - 0.94 x 0.87 x
Nbr of stocks (in thousands) 174,871 176,737 176,253 174,354 173,657 172,889 -
Reference price 2 8.230 7.100 6.905 5.850 6.760 6.970 6.970
Announcement Date 4/8/20 4/14/21 4/6/22 5/2/23 4/17/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 81.71 67.8 79.09 141.7 450.6 948 856.4
EBITDA 1 50.47 24.1 39.9 -12.64 131.9 236.4 328.4
EBIT 1 120.8 -29.96 326.5 - 120.6 150 191
Operating Margin 147.83% -44.19% 412.79% - 26.77% 15.82% 22.3%
Earnings before Tax (EBT) 87.81 -59.35 267.9 - - - -
Net income 1 49.88 -51.7 191.2 -31.41 27 118 102
Net margin 61.04% -76.26% 241.75% -22.17% 5.99% 12.45% 11.91%
EPS 2 0.6200 -0.2900 1.080 -0.1800 0.1600 0.8850 0.6000
Free Cash Flow -12.32 -67.58 5.532 - - - -
FCF margin -15.08% -99.68% 6.99% - - - -
FCF Conversion (EBITDA) - - 13.86% - - - -
FCF Conversion (Net income) - - 2.89% - - - -
Dividend per Share - - - - - - -
Announcement Date 4/8/20 4/14/21 4/6/22 5/2/23 4/17/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2022 Q1 2022 Q2 2022 S1 2022 Q3 2023 Q1
Net sales 1 31.18 - 24.82 28.28 53.09 - 48.19
EBITDA 1 15.27 315.7 - 17.03 37.73 -2.925 8.262
EBIT - 311.8 - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) -7.181 291.6 - - - - -
Net income 1 -5.659 224.6 -7.719 -14.47 -22.19 -33.01 -21.41
Net margin -18.15% - -31.11% -51.18% -41.8% - -44.42%
EPS - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 9/22/20 9/29/21 7/20/22 9/29/22 9/29/22 11/23/22 5/31/23
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - 15.5 553 - - - -
Net Cash position 185 - - - - - -
Leverage (Debt/EBITDA) - 0.6434 x 13.87 x - - - -
Free Cash Flow -12.3 -67.6 5.53 - - - -
ROE (net income / shareholders' equity) 7.06% -0.95% -2.61% -9.38% - 15% 7%
ROA (Net income/ Total Assets) - -0.48% -0.98% - - - -
Assets 1 - 10,713 -19,447 - - - -
Book Value Per Share 2 - - 6.820 - - 7.400 8.000
Cash Flow per Share - - - - - - -
Capex 21.5 11.7 27.3 - - - -
Capex / Sales 26.31% 17.29% 34.54% - - - -
Announcement Date 4/8/20 4/14/21 4/6/22 5/2/23 4/17/24 - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.97 EUR
Average target price
9.2 EUR
Spread / Average Target
+31.99%
Consensus

Quarterly revenue - Rate of surprise

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