Market Closed -
Borsa Italiana
11:44:59 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
64.92
EUR
|
+0.25%
|
|
-0.79%
|
+16.55%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,110
|
12,674
|
17,258
|
13,307
|
15,047
|
17,549
|
-
|
-
|
Enterprise Value (EV)
1 |
9,447
|
11,818
|
16,529
|
13,326
|
15,047
|
17,074
|
16,747
|
16,348
|
P/E ratio
|
28
x
|
42.5
x
|
43.6
x
|
22.1
x
|
24.6
x
|
26.8
x
|
24
x
|
21.5
x
|
Yield
|
1.37%
|
0.9%
|
0.94%
|
2.26%
|
-
|
1.87%
|
2.07%
|
2.28%
|
Capitalization / Revenue
|
6.21
x
|
8.8
x
|
8.43
x
|
5.11
x
|
5.04
x
|
5.46
x
|
4.93
x
|
4.48
x
|
EV / Revenue
|
5.8
x
|
8.2
x
|
8.08
x
|
5.12
x
|
5.04
x
|
5.31
x
|
4.71
x
|
4.18
x
|
EV / EBITDA
|
13.6
x
|
19.7
x
|
23.9
x
|
15.1
x
|
12.7
x
|
13.2
x
|
11.7
x
|
10.3
x
|
EV / FCF
|
27.8
x
|
60.4
x
|
30
x
|
40.7
x
|
-
|
25.5
x
|
23.2
x
|
20.7
x
|
FCF Yield
|
3.6%
|
1.65%
|
3.33%
|
2.46%
|
-
|
3.92%
|
4.31%
|
4.83%
|
Price to Book
|
7.72
x
|
7.79
x
|
6.8
x
|
4.59
x
|
-
|
4.93
x
|
4.44
x
|
4
x
|
Nbr of stocks (in thousands)
|
252,300
|
252,767
|
269,576
|
268,824
|
270,137
|
270,315
|
-
|
-
|
Reference price
2 |
40.07
|
50.14
|
64.02
|
49.50
|
55.70
|
64.92
|
64.92
|
64.92
|
Announcement Date
|
2/10/20
|
2/18/21
|
2/24/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,628
|
1,440
|
2,046
|
2,603
|
2,984
|
3,217
|
3,557
|
3,916
|
EBITDA
1 |
692.3
|
600.8
|
691.9
|
880.1
|
1,186
|
1,298
|
1,437
|
1,585
|
EBIT
1 |
491.8
|
368.8
|
603.1
|
774.5
|
893.8
|
960.5
|
1,073
|
1,189
|
Operating Margin
|
30.21%
|
25.6%
|
29.47%
|
29.76%
|
29.95%
|
29.86%
|
30.17%
|
30.37%
|
Earnings before Tax (EBT)
1 |
474.5
|
345.5
|
557.6
|
747.3
|
870.6
|
935.4
|
1,044
|
1,159
|
Net income
1 |
361.5
|
300.4
|
393.5
|
606.7
|
611.9
|
658.6
|
737.4
|
820.4
|
Net margin
|
22.21%
|
20.86%
|
19.23%
|
23.31%
|
20.5%
|
20.47%
|
20.73%
|
20.95%
|
EPS
2 |
1.432
|
1.180
|
1.470
|
2.240
|
2.260
|
2.421
|
2.707
|
3.023
|
Free Cash Flow
1 |
340
|
195.5
|
550.3
|
327.7
|
-
|
668.9
|
721.9
|
788.9
|
FCF margin
|
20.89%
|
13.58%
|
26.9%
|
12.59%
|
-
|
20.79%
|
20.3%
|
20.15%
|
FCF Conversion (EBITDA)
|
49.11%
|
32.55%
|
79.54%
|
37.24%
|
-
|
51.52%
|
50.25%
|
49.77%
|
FCF Conversion (Net income)
|
94.04%
|
65.09%
|
139.84%
|
54.02%
|
-
|
101.57%
|
97.9%
|
96.17%
|
Dividend per Share
2 |
0.5500
|
0.4500
|
0.6000
|
1.120
|
-
|
1.216
|
1.342
|
1.481
|
Announcement Date
|
2/10/20
|
2/18/21
|
2/24/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
---|
Net sales
1 |
1,058
|
403.3
|
1,037
|
621.8
|
712.2
|
868.9
|
1,424
|
589.9
|
328.5
|
918.4
|
638.3
|
1,046
|
1,684
|
410.2
|
1,137
|
669.7
|
1,178
|
1,848
|
797.7
|
469.8
|
1,235
|
682.2
|
1,250
|
1,950
|
905.2
|
EBITDA
|
493.4
|
3.676
|
450.1
|
148.3
|
-
|
-
|
486.7
|
-
|
-
|
321.6
|
-
|
-
|
648.9
|
-
|
380.2
|
-
|
-
|
825
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
389.2
|
-35.49
|
404.3
|
92.8
|
258.4
|
258.4
|
510.3
|
90.08
|
90.08
|
180.2
|
297.2
|
297.1
|
594.4
|
-
|
217.8
|
-
|
-
|
676
|
239.8
|
150
|
240.4
|
170
|
399.4
|
710.5
|
274.7
|
Operating Margin
|
36.8%
|
-8.8%
|
38.98%
|
14.92%
|
36.28%
|
29.74%
|
35.83%
|
15.27%
|
27.42%
|
19.62%
|
46.56%
|
28.4%
|
35.29%
|
-
|
19.16%
|
-
|
-
|
36.59%
|
30.06%
|
31.93%
|
19.47%
|
24.92%
|
31.96%
|
36.44%
|
30.35%
|
Earnings before Tax (EBT)
|
380.7
|
-46.71
|
392.2
|
73
|
-
|
-
|
-
|
-
|
-
|
168.5
|
-
|
-
|
578.8
|
-
|
206.5
|
-
|
-
|
664.2
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
290.2
|
-31.63
|
332
|
50.5
|
180.5
|
180.5
|
343
|
105.6
|
105.6
|
211.3
|
197.7
|
197.7
|
395.4
|
-
|
145.4
|
-
|
-
|
466.6
|
163.8
|
95
|
-
|
113.5
|
283
|
-
|
188.6
|
Net margin
|
27.44%
|
-7.84%
|
32.01%
|
8.12%
|
25.34%
|
20.77%
|
24.08%
|
17.91%
|
32.16%
|
23.01%
|
30.98%
|
18.89%
|
23.47%
|
-
|
12.79%
|
-
|
-
|
25.25%
|
20.54%
|
20.22%
|
-
|
16.64%
|
22.65%
|
-
|
20.83%
|
EPS
2 |
1.150
|
-0.1300
|
1.290
|
0.1900
|
0.6300
|
0.6300
|
1.280
|
0.3900
|
0.3900
|
0.7800
|
-
|
1.033
|
1.460
|
-
|
0.5400
|
-
|
-
|
1.720
|
0.6170
|
0.3577
|
-
|
0.4274
|
1.066
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.6000
|
-
|
-
|
-
|
-
|
-
|
1.120
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.204
|
-
|
-
|
Announcement Date
|
2/10/20
|
7/27/20
|
2/18/21
|
7/27/21
|
7/30/22
|
2/24/22
|
2/24/22
|
5/12/22
|
7/27/22
|
7/27/22
|
10/26/22
|
2/28/23
|
2/28/23
|
7/26/23
|
7/26/23
|
11/28/23
|
2/28/24
|
2/28/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
19.2
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
663
|
855
|
730
|
-
|
-
|
475
|
802
|
1,201
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.0218
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
340
|
196
|
550
|
328
|
-
|
669
|
722
|
789
|
ROE (net income / shareholders' equity)
|
30.1%
|
20.5%
|
19.9%
|
22.5%
|
-
|
19.4%
|
19.6%
|
19.6%
|
ROA (Net income/ Total Assets)
|
17.3%
|
11.3%
|
11.2%
|
13.6%
|
-
|
12.5%
|
12.8%
|
13.3%
|
Assets
1 |
2,096
|
2,661
|
3,512
|
4,454
|
-
|
5,267
|
5,749
|
6,151
|
Book Value Per Share
2 |
5.190
|
6.440
|
9.410
|
10.80
|
-
|
13.20
|
14.60
|
16.20
|
Cash Flow per Share
2 |
2.340
|
1.610
|
2.540
|
2.450
|
-
|
3.360
|
3.450
|
3.540
|
Capex
1 |
121
|
90.4
|
125
|
167
|
-
|
193
|
211
|
230
|
Capex / Sales
|
7.42%
|
6.27%
|
6.09%
|
6.42%
|
-
|
6.01%
|
5.94%
|
5.87%
|
Announcement Date
|
2/10/20
|
2/18/21
|
2/24/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
64.92
EUR Average target price
69.82
EUR Spread / Average Target +7.54% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.55% | 18.73B | | +7.99% | 422B | | +4.73% | 143B | | -28.67% | 45.92B | | +15.45% | 10.64B | | +27.75% | 8.41B | | +0.96% | 6.83B | | -9.08% | 6.41B | | +29.34% | 6.32B | | +10.13% | 5.94B |
Other Apparel & Accessories
|