Financials Mynaric AG

Equities

M0YN

DE000A31C305

Communications & Networking

Market Closed - Xetra 11:36:20 2024-04-26 am EDT 5-day change 1st Jan Change
19.5 EUR +1.04% Intraday chart for Mynaric AG -2.99% -7.58%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 91.95 111.8 233.9 243 91.57 123.2 123.2 -
Enterprise Value (EV) 1 76.71 102.9 198.6 203.9 90.27 176 202.1 177.4
P/E ratio -14.8 x -13.9 x -10.8 x -4.34 x -1.19 x -1.49 x -2.7 x -53.9 x
Yield - - - - - - - -
Capitalization / Revenue 12.5 x 14.1 x 344 x 103 x 20.7 x 28.7 x 1.98 x 0.83 x
EV / Revenue 10.4 x 13 x 293 x 86.6 x 20.4 x 40.9 x 3.25 x 1.2 x
EV / EBITDA -12.3 x -15.9 x -10.1 x -5.39 x -1.37 x -2.93 x -8.21 x 10.1 x
EV / FCF -8.13 x -7.38 x -6.23 x -4.05 x -1.47 x -4.08 x -14 x 29.6 x
FCF Yield -12.3% -13.6% -16% -24.7% -68.1% -24.5% -7.13% 3.38%
Price to Book - - - 2.86 x 3.3 x -3.63 x -1.67 x -1.72 x
Nbr of stocks (in thousands) 2,704 2,904 3,195 5,243 5,652 6,320 6,320 -
Reference price 2 34.00 38.50 73.20 46.35 16.20 19.50 19.50 19.50
Announcement Date 5/22/19 5/5/20 4/7/21 4/28/22 4/28/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 7.384 7.919 0.679 2.355 4.422 4.3 62.19 147.7
EBITDA 1 -6.246 -6.476 -19.69 -37.85 -65.8 -60.03 -24.61 17.58
EBIT 1 -6.655 -7.68 -21.55 -42.36 -73.79 -71.47 -34.99 6.675
Operating Margin -90.13% -96.99% -3,173.93% -1,798.9% -1,668.7% -1,662.01% -56.26% 4.52%
Earnings before Tax (EBT) 1 - -7.667 -22.74 -43.59 -73.81 -79.33 -44.09 -2.425
Net income 1 - -7.828 -22.74 -45.37 -73.78 -79.33 -44.09 -2.092
Net margin - -98.86% -3,349.63% -1,926.67% -1,668.52% -1,844.96% -70.89% -1.42%
EPS 2 -2.290 -2.760 -6.780 -10.68 -13.57 -13.12 -7.210 -0.3618
Free Cash Flow 1 -9.43 -13.95 -31.88 -50.38 -61.51 -43.1 -14.4 6
FCF margin -127.71% -176.16% -4,694.4% -2,139.45% -1,391.09% -1,002.33% -23.15% 4.06%
FCF Conversion (EBITDA) - - - - - - - 34.14%
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 5/22/19 5/5/20 4/7/21 4/28/22 4/28/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1
Net sales - 1.006 4.47 - -
EBITDA - -23.52 -31.89 -33.91 -
EBIT - -26.12 -34.95 -38.84 -
Operating Margin - -2,596.82% -781.81% - -
Earnings before Tax (EBT) - -27.51 -32.91 -40.89 -
Net income -16.08 -29.3 -32.91 -40.87 -
Net margin - -2,912.13% -736.29% - -
EPS 1 -3.930 -6.750 -6.280 -7.290 -5.550
Dividend per Share - - - - -
Announcement Date 10/19/21 4/28/22 10/31/22 4/28/23 9/14/23
1EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - 52.7 78.8 54.2
Net Cash position 1 15.2 8.91 35.2 39.1 1.3 - - -
Leverage (Debt/EBITDA) - - - - - -0.8785 x -3.202 x 3.081 x
Free Cash Flow 1 -9.43 -13.9 -31.9 -50.4 -61.5 -43.1 -14.4 6
ROE (net income / shareholders' equity) - -31.5% -47.6% -58.3% -131% - - -2.82%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - - 16.20 4.900 -5.380 -11.70 -11.30
Cash Flow per Share - - - - - - - -
Capex 1 1.93 6.53 13.7 11 11.3 11.5 5.65 8.6
Capex / Sales 26.18% 82.43% 2,020.77% 465.31% 255.52% 267.44% 9.08% 5.82%
Announcement Date 5/22/19 5/5/20 4/7/21 4/28/22 4/28/23 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
19.5 EUR
Average target price
41 EUR
Spread / Average Target
+110.26%
Consensus