Financials Logwin AG

Equities

Market Closed - Xetra Other stock markets 11:35:36 2024-04-26 am EDT			5-day change	1st Jan Change
254 ^EUR	-0.78%		-3.79%	-1.55%

Mar. 11	Logwin AG Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Tranche Update on Logwin AG's Equity Buyback Plan announced on March 25, 2020.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	458.6	429.8	789.5	777.4	742.8	731.3	-	-
Enterprise Value (EV) ¹	385.8	352.2	621.1	495.7	742.8	374.6	363.9	343.7
P/E ratio	13.2 x	12.5 x	12.6 x	10.8 x	9.37 x	12.4 x	13.1 x	14 x
Yield	2.2%	2.35%	2.19%	-	-	3.94%	3.94%	3.94%
Capitalization / Revenue	0.41 x	0.38 x	0.43 x	0.34 x	0.59 x	0.57 x	0.56 x	0.55 x
EV / Revenue	0.34 x	0.31 x	0.34 x	0.22 x	0.59 x	0.29 x	0.28 x	0.26 x
EV / EBITDA	4.45 x	4.06 x	4.73 x	3.34 x	5.8 x	3.22 x	3.25 x	3.21 x
EV / FCF	-	7.31 x	-	-	-	8.92 x	9.1 x	7.01 x
FCF Yield	-	13.7%	-	-	-	11.2%	11%	14.3%
Price to Book	2.21 x	1.92 x	-	2.26 x	-	1.98 x	1.85 x	1.75 x
Nbr of stocks (in thousands)	2,884	2,884	2,881	2,879	2,879	2,879	-	-
Reference price ²	159.0	149.0	274.0	270.0	258.0	254.0	254.0	254.0
Announcement Date	2/28/20	3/4/21	3/3/22	2/28/23	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,130	1,123	1,852	2,259	1,258	1,287	1,313	1,339
EBITDA ¹	86.74	86.84	131.2	148.4	128.1	116.5	111.9	107.1
EBIT ¹	47.59	48.19	91.99	108.5	91.75	80.1	75.33	70.33
Operating Margin	4.21%	4.29%	4.97%	4.8%	7.3%	6.22%	5.74%	5.25%
Earnings before Tax (EBT) ¹	43.39	43.87	88.81	104.6	96.63	84.78	80.04	75.32
Net income ¹	34.86	34.41	62.8	72.25	79.29	59.03	55.68	52.35
Net margin	3.08%	3.06%	3.39%	3.2%	6.31%	4.59%	4.24%	3.91%
EPS ²	12.09	11.94	21.80	25.09	27.54	20.50	19.34	18.18
Free Cash Flow ¹	-	48.2	-	-	-	42	40	49
FCF margin	-	4.29%	-	-	-	3.26%	3.05%	3.66%
FCF Conversion (EBITDA)	-	55.5%	-	-	-	36.05%	35.74%	45.75%
FCF Conversion (Net income)	-	140.06%	-	-	-	71.15%	71.84%	93.6%
Dividend per Share ²	3.500	3.500	6.000	-	-	10.00	10.00	10.00
Announcement Date	2/28/20	3/4/21	3/3/22	2/28/23	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	72.9	77.6	168	282	-	357	367	388
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	48.2	-	-	-	42	40	49
ROE (net income / shareholders' equity)	17.8%	15.9%	27.7%	23.1%	-	16.4%	14.6%	12.9%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	71.90	77.70	-	119.0	-	128.0	137.0	145.0
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	19.5	-	-	-	9.4	9.5	9.8
Capex / Sales	-	1.74%	-	-	-	0.73%	0.72%	0.73%
Announcement Date	2/28/20	3/4/21	3/3/22	2/28/23	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

254 EUR

Average target price

291 EUR

Spread / Average Target

+14.57%

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