Financials Obiz

Equities

ALBIZ

FR0014003711

Leisure & Recreation

Market Closed - Euronext Paris Other stock markets 11:28:53 2024-04-26 am EDT			5-day change	1st Jan Change
5.78 ^EUR	+3.21%		+2.85%	-13.21%

Apr. 18	Obiz S.A. enters into a memorandum of understanding to acquire Ha Plus PME SAS from founding directors.	CI
Mar. 11	Obiz S.A. acquired additional 38.7% stake in Mile Positioning Solutions, SAS.	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	26.51	26.17	33.68	33.68	-
Enterprise Value (EV) ¹	26.53	29.65	38.81	42.03	38.95
P/E ratio	-41.7 x	620 x	33 x	22.7 x	11.9 x
Yield	-	-	-	-	-
Capitalization / Revenue	0.72 x	0.65 x	0.47 x	0.28 x	0.25 x
EV / Revenue	0.72 x	0.74 x	0.47 x	0.35 x	0.29 x
EV / EBITDA	75.6 x	29.6 x	17.6 x	10.9 x	7.26 x
EV / FCF	-	-	199 x	93.4 x	13.7 x
FCF Yield	-	-	0.5%	1.07%	7.32%
Price to Book	-	-	3.99 x	3.5 x	2.47 x
Nbr of stocks (in thousands)	4,242	4,221	5,827	5,827	-
Reference price ²	6.250	6.200	5.780	5.780	5.780
Announcement Date	4/13/22	4/12/23	4/17/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	36.94	39.99	83.11	121.6	133.8
EBITDA ¹	0.351	1.003	2.206	3.867	5.367
EBIT ¹	-0.354	0.173	1	2.333	3.8
Operating Margin	-0.96%	0.43%	1.2%	1.92%	2.84%
Earnings before Tax (EBT)	-	-	-	1.4	2.3
Net income ¹	-0.619	0.062	0.29	1.4	2.5
Net margin	-1.68%	0.16%	0.35%	1.15%	1.87%
EPS ²	-0.1500	0.0100	0.1750	0.2550	0.4850
Free Cash Flow ¹	-	-	0.2	0.45	2.85
FCF margin	-	-	0.25%	0.37%	2.13%
FCF Conversion (EBITDA)	-	-	7.89%	11.64%	53.11%
FCF Conversion (Net income)	-	-	20%	32.14%	114%
Dividend per Share	-	-	-	-	-
Announcement Date	4/13/22	4/12/23	4/17/24	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 S1	2023 S2
Net sales	-	-
EBITDA ¹	-	1.5
EBIT ¹	-	0.787
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income	0.013	-
Net margin	-	-
EPS	-	-
Dividend per Share	-	-
Announcement Date	10/9/23	4/17/24

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt ¹	0.02	3.48	6.1	8.35	5.27
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	0.0655 x	3.475 x	2.408 x	2.159 x	0.9814 x
Free Cash Flow ¹	-	-	0.2	0.45	2.85
ROE (net income / shareholders' equity)	-15.1%	0.87%	11.1%	17.4%	28.1%
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	-	-	1.450	1.650	2.340
Cash Flow per Share ²	-0.6300	0.1400	0.4000	0.8300	1.220
Capex ¹	-	-	1.9	1.2	1.27
Capex / Sales	-	-	2.34%	0.99%	0.95%
Announcement Date	4/13/22	4/12/23	4/17/24	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Obiz

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.78 EUR

Average target price

10.67 EUR

Spread / Average Target

+84.54%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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