Financials Mondi plc

Equities

MNDI

GB00BMWC6P49

Paper Packaging

Market Closed - London S.E. 11:35:16 2024-04-26 am EDT 5-day change 1st Jan Change
1,508 GBX +1.07% Intraday chart for Mondi plc +0.27% -10.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,161 9,325 10,534 7,722 8,596 7,759 - -
Enterprise Value (EV) 1 12,368 11,116 12,285 7,722 9,015 9,159 9,128 9,067
P/E ratio 12.5 x 16 x 13.9 x 5.32 x -61.9 x 16.4 x 12.3 x 11.1 x
Yield 3.96% 3.12% 2.99% - 3.59% 3.86% 4.38% 4.94%
Capitalization / Revenue 1.4 x 1.4 x 1.36 x 0.87 x 1.17 x 1.04 x 0.98 x 0.91 x
EV / Revenue 1.7 x 1.67 x 1.59 x 0.87 x 1.23 x 1.23 x 1.15 x 1.06 x
EV / EBITDA 7.46 x 8.22 x 8.17 x 4.18 x 7.51 x 7.92 x 6.39 x 5.74 x
EV / FCF 19.6 x 16.2 x 21.3 x - 17 x 77.1 x 33.5 x 21.9 x
FCF Yield 5.1% 6.19% 4.7% - 5.87% 1.3% 2.98% 4.58%
Price to Book 2.53 x 2.33 x 2.34 x - 1.67 x 1.54 x 1.44 x 1.35 x
Nbr of stocks (in thousands) 440,675 440,600 440,824 440,928 440,913 440,848 - -
Reference price 2 23.06 21.16 23.90 17.51 19.50 17.60 17.60 17.60
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,268 6,663 7,723 8,902 7,330 7,432 7,932 8,514
EBITDA 1 1,658 1,353 1,503 1,848 1,201 1,157 1,429 1,580
EBIT 1 1,223 925 1,064 1,443 790 722.4 972 1,114
Operating Margin 16.83% 13.88% 13.78% 16.21% 10.78% 9.72% 12.25% 13.08%
Earnings before Tax (EBT) 1 1,103 770 983 1,560 682 627.1 866.6 966.3
Net income 1 812 582 756 1,452 -153 474.6 630.2 700.6
Net margin 11.17% 8.73% 9.79% 16.31% -2.09% 6.39% 7.95% 8.23%
EPS 2 1.844 1.320 1.714 3.291 -0.3150 1.074 1.430 1.588
Free Cash Flow 1 631 688 577 - 529 118.8 272.2 414.9
FCF margin 8.68% 10.33% 7.47% - 7.22% 1.6% 3.43% 4.87%
FCF Conversion (EBITDA) 38.06% 50.85% 38.39% - 44.05% 10.27% 19.04% 26.25%
FCF Conversion (Net income) 77.71% 118.21% 76.32% - - 25.04% 43.19% 59.23%
Dividend per Share 2 0.9130 0.6600 0.7150 - 0.7000 0.6801 0.7717 0.8690
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 S1 2022 S2 2023 Q1 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 3,497 3,452 3,211 3,627 - - 4,096 4,505 4,397 - 3,881 3,449 3,711 3,641 4,070 4,118
EBITDA 1 764 738 615 709 388 406 794 942 906 351 680 521 523.5 599.7 760 760
EBIT 544 524 401 497 - - 567 748 695 - 481 309 310 383 522 516
Operating Margin 15.56% 15.18% 12.49% 13.7% - - 13.84% 16.6% 15.81% - 12.39% 8.96% 8.35% 10.52% 12.83% 12.53%
Earnings before Tax (EBT) - - 304 461 - - 522 933 627 - 418 264 422 441 476 473
Net income - - 233 348 - - 408 627 825 - - - - - - -
Net margin - - 7.26% 9.59% - - 9.96% 13.92% 18.76% - - - - - - -
EPS 0.7909 - 0.5324 0.7887 - - 0.9251 1.421 - - 1.021 - - - - -
Dividend per Share 0.6129 0.2090 0.4510 0.2200 - - 0.4950 0.2384 - - 0.2566 0.4434 0.2330 0.4670 - -
Announcement Date 2/27/20 8/6/20 2/25/21 8/5/21 12/3/21 3/3/22 3/3/22 8/4/22 2/23/23 5/3/23 8/3/23 2/22/24 - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,207 1,791 1,751 - 419 1,400 1,369 1,308
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.331 x 1.324 x 1.165 x - 0.3489 x 1.21 x 0.9579 x 0.8274 x
Free Cash Flow 1 631 688 577 - 529 119 272 415
ROE (net income / shareholders' equity) 22.1% 15.6% 17.6% - 9.14% 8.3% 12.1% 13.2%
ROA (Net income/ Total Assets) 10% 7.42% 8.48% - -1.47% 7.9% 8.3% -
Assets 1 8,121 7,847 8,920 - 10,405 6,008 7,592 -
Book Value Per Share 2 9.110 9.080 10.20 - 11.70 11.40 12.20 13.10
Cash Flow per Share 2 3.150 2.940 2.610 - 2.800 2.260 2.490 2.600
Capex 1 757 630 573 - 830 864 750 740
Capex / Sales 10.42% 9.46% 7.42% - 11.32% 11.63% 9.45% 8.69%
Announcement Date 2/27/20 2/25/21 3/3/22 2/23/23 2/22/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
17.6 EUR
Average target price
17.82 EUR
Spread / Average Target
+1.27%
Consensus