MONTANA AEROSPACE AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 17.34 CHF | +3.21% |
|
+3.83% | -1.81% |
| Apr. 03 | Transcript : Montana Aerospace AG, 2023 Earnings Call, Apr 03, 2024 | |
| Apr. 03 | Montana Aerospace AG Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,882 | 897.7 | 1,178 | 1,101 | - | - |
| Enterprise Value (EV) 1 | 1,963 | 1,177 | 1,178 | 1,303 | 1,224 | 1,098 |
| P/E ratio | -27.9 x | -24.5 x | -31.1 x | 19.3 x | 10.2 x | 12.7 x |
| Yield | - | - | - | 1.55% | 2.65% | 3.77% |
| Capitalization / Revenue | 2.37 x | 0.69 x | 0.82 x | 0.63 x | 0.57 x | 0.53 x |
| EV / Revenue | 2.48 x | 0.9 x | 0.82 x | 0.75 x | 0.63 x | 0.53 x |
| EV / EBITDA | 35 x | 8.77 x | 8.55 x | 6.59 x | 4.89 x | 4.01 x |
| EV / FCF | -13.2 x | 25.9 x | - | 15.6 x | 8.7 x | 9.3 x |
| FCF Yield | -7.6% | 3.86% | - | 6.43% | 11.5% | 10.8% |
| Price to Book | 2.08 x | 0.94 x | - | 1.06 x | 0.97 x | 0.9 x |
| Nbr of stocks (in thousands) | 57,554 | 61,986 | 61,986 | 61,986 | - | - |
| Reference price 2 | 32.69 | 14.48 | 19.00 | 17.76 | 17.76 | 17.76 |
| Announcement Date | 4/4/22 | 4/4/23 | 4/5/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 614.2 | 792.4 | 1,306 | 1,430 | 1,735 | 1,940 | 2,063 |
| EBITDA 1 | - | 56.08 | 134.2 | 137.7 | 197.8 | 250.1 | 273.7 |
| EBIT 1 | - | -15.7 | 25 | 34.67 | 93.07 | 132.4 | 147 |
| Operating Margin | - | -1.98% | 1.91% | 2.42% | 5.37% | 6.82% | 7.13% |
| Earnings before Tax (EBT) 1 | - | -43.46 | -28.69 | -51.8 | 60.32 | 111.4 | 49.95 |
| Net income 1 | -57.36 | -49.01 | -36.1 | -37.95 | 54.97 | 104.9 | 87 |
| Net margin | -9.34% | -6.19% | -2.76% | -2.65% | 3.17% | 5.41% | 4.22% |
| EPS 2 | - | -1.170 | -0.5900 | -0.6100 | 0.9186 | 1.744 | 1.400 |
| Free Cash Flow 1 | - | -149.2 | 45.44 | - | 83.73 | 140.7 | 118 |
| FCF margin | - | -18.83% | 3.48% | - | 4.83% | 7.25% | 5.72% |
| FCF Conversion (EBITDA) | - | - | 33.85% | - | 42.33% | 56.26% | 43.11% |
| FCF Conversion (Net income) | - | - | - | - | 152.31% | 134.14% | 135.63% |
| Dividend per Share 2 | - | - | - | - | 0.2755 | 0.4698 | 0.6700 |
| Announcement Date | 5/3/21 | 4/4/22 | 4/4/23 | 4/5/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2022 Q2 | 2022 S1 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 348.4 | 335.5 | 578.8 | - | 350.9 | 338.2 | 388.2 |
| EBITDA 1 | 22.56 | 18 | 33.9 | - | 35.72 | 34.59 | 43.74 |
| EBIT 1 | - | -9.4 | - | - | 11.48 | 7.28 | 20.15 |
| Operating Margin | - | -2.8% | - | - | 3.27% | 2.15% | 5.19% |
| Earnings before Tax (EBT) | - | - | - | - | - | -7.258 | - |
| Net income 1 | - | -19.06 | - | -17.42 | -5.47 | -5.182 | -9.881 |
| Net margin | - | -5.68% | - | - | -1.56% | -1.53% | -2.55% |
| EPS 2 | - | -0.3200 | - | -0.2800 | -0.0900 | -0.0800 | -0.1600 |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 8/16/21 | 8/6/22 | 8/6/22 | 5/12/23 | 8/17/23 | 11/14/23 | 4/5/24 |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 81.8 | 279 | - | 202 | 123 | - |
| Net Cash position 1 | - | - | - | - | - | - | 3 |
| Leverage (Debt/EBITDA) | - | 1.459 x | 2.082 x | - | 1.021 x | 0.4912 x | - |
| Free Cash Flow 1 | - | -149 | 45.4 | - | 83.7 | 141 | 118 |
| ROE (net income / shareholders' equity) | - | -8.78% | -3.87% | - | 5.4% | 10.1% | 8.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 15.70 | 15.50 | - | 16.70 | 18.30 | 19.80 |
| Cash Flow per Share 2 | - | -0.6700 | 2.160 | - | 2.230 | - | - |
| Capex 1 | - | 121 | 86 | - | 67.6 | 66.4 | 82.3 |
| Capex / Sales | - | 15.32% | 6.58% | - | 3.89% | 3.42% | 3.99% |
| Announcement Date | 5/3/21 | 4/4/22 | 4/4/23 | 4/5/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
17.76
EUR
Average target price
22.37
EUR
Spread / Average Target
+25.98%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.81% | 1.18B | |
| +30.82% | 92.09B | |
| +24.47% | 70.02B | |
| +22.69% | 27.12B | |
| +15.42% | 25.24B | |
| -6.47% | 12.86B | |
| +14.01% | 9.72B | |
| -8.19% | 8.08B | |
| -.--% | 7.35B | |
| +2.23% | 3.78B |
- Stock Market
- Equities
- AERO Stock
- Financials Montana Aerospace AG
