Financials Manz AG

Equities

M5Z

DE000A0JQ5U3

Semiconductor Equipment & Testing

Market Closed - Xetra 11:36:17 2024-04-26 am EDT 5-day change 1st Jan Change
7.62 EUR +8.86% Intraday chart for Manz AG -4.75% -38.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 160.7 165.7 263.3 387.8 179.8 65.09 65.09 -
Enterprise Value (EV) 1 153 195.2 286.6 415 204.5 104.3 92.46 92.82
P/E ratio -20.8 x -15 x 81 x -17.3 x -14.8 x 1,543 x 84.3 x 12.4 x
Yield - - - - - - - -
Capitalization / Revenue 0.54 x 0.63 x 1.11 x 1.71 x 0.72 x 0.24 x 0.23 x 0.21 x
EV / Revenue 0.52 x 0.74 x 1.21 x 1.83 x 0.81 x 0.38 x 0.33 x 0.3 x
EV / EBITDA 16.1 x 21.2 x 14.8 x 22.7 x 33.1 x 6.86 x 5.36 x 3.79 x
EV / FCF 45,439,509 x -5,917,090 x 26,141,840 x -10,209,176 x -6,699,345 x - 16,934,949 x 59,881,531 x
FCF Yield 0% -0% 0% -0% -0% - 0% 0%
Price to Book 1.07 x 1.25 x 2.01 x 3.56 x 1.76 x 0.64 x 0.61 x 0.57 x
Nbr of stocks (in thousands) 7,744 7,744 7,744 7,757 8,540 8,543 8,543 -
Reference price 2 20.75 21.40 34.00 50.00 21.05 7.620 7.620 7.620
Announcement Date 3/28/19 3/26/20 3/30/21 3/31/22 3/30/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 296.9 264.4 236.8 227.1 251 274.3 279.6 309.3
EBITDA 1 9.513 9.213 19.36 18.29 6.178 15.2 17.25 24.52
EBIT 1 -3.385 -7.625 7.225 -16.06 -5.998 1.6 6.725 11.48
Operating Margin -1.14% -2.88% 3.05% -7.07% -2.39% 0.58% 2.4% 3.71%
Earnings before Tax (EBT) 1 -4.904 -9.928 4.971 -17.58 -7.676 1.945 0.725 8.528
Net income 1 -7.76 -11.05 3.434 -22.41 -12.15 0.905 0.6688 6.151
Net margin -2.61% -4.18% 1.45% -9.87% -4.84% 0.33% 0.24% 1.99%
EPS 2 -1.000 -1.430 0.4200 -2.890 -1.420 0.004940 0.0904 0.6128
Free Cash Flow 3.367 -32.99 10.96 -40.65 -30.52 - 5.46 1.55
FCF margin 1.13% -12.48% 4.63% -17.9% -12.16% - 1.95% 0.5%
FCF Conversion (EBITDA) 35.39% - 56.63% - - - 31.65% 6.32%
FCF Conversion (Net income) - - 319.25% - - - 816.45% 25.2%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/28/19 3/26/20 3/30/21 3/31/22 3/30/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q2 2021 Q3 2022 Q2
Net sales 124.3 65.6 49.21 -
EBITDA - 3.838 -0.36 -
EBIT 5.65 0.9 -3.651 -
Operating Margin 4.54% 1.37% -7.42% -
Earnings before Tax (EBT) - - - -
Net income 1 - - - -2.923
Net margin - - - -
EPS 2 - - - -0.3800
Dividend per Share - - - -
Announcement Date 8/4/20 8/5/21 11/9/21 7/30/22
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - 29.5 23.3 27.2 24.7 39.2 27.4 27.7
Net Cash position 1 7.7 - - - - - - -
Leverage (Debt/EBITDA) - 3.203 x 1.203 x 1.486 x 3.997 x 2.577 x 1.587 x 1.131 x
Free Cash Flow 3.37 -33 11 -40.7 -30.5 - 5.46 1.55
ROE (net income / shareholders' equity) -1.72% -7.85% 2.61% -18.7% - - 3.17% 6.03%
ROA (Net income/ Total Assets) -0.78% - - - - - - -
Assets 1 990.3 - - - - - - -
Book Value Per Share 2 19.30 17.10 16.90 14.10 12.00 11.90 12.50 13.30
Cash Flow per Share - - - - - - - -
Capex 11.5 8.89 9.66 14.9 32.8 - 15 14
Capex / Sales 3.88% 3.36% 4.08% 6.54% 13.07% - 5.36% 4.53%
Announcement Date 3/28/19 3/26/20 3/30/21 3/31/22 3/30/23 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
7.62 EUR
Average target price
13.37 EUR
Spread / Average Target
+75.42%
Consensus

Annual profits - Rate of surprise