OPENLANE, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 17.42 USD | +0.23% |
|
+2.53% | +17.62% |
| Apr. 11 | North American Morning Briefing : Stock Futures -2- | DJ |
| Apr. 10 | BofA Securities Upgrades Openlane to Neutral From Underperform, Raises Price Target to $20 From $16 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,806 | 2,405 | 1,892 | 1,421 | 1,600 | 1,887 | - |
| Enterprise Value (EV) 1 | 4,188 | 3,531 | 3,568 | 1,690 | 1,863 | 1,952 | 1,833 |
| P/E ratio | 31.1 x | -116 x | 97.6 x | 10 x | -8.14 x | 46.8 x | 32.3 x |
| Yield | 4.96% | 1.02% | - | - | - | 4,681% | 4,887% |
| Capitalization / Revenue | 1.01 x | 1.1 x | 0.84 x | 0.94 x | 0.97 x | 1.12 x | 1.05 x |
| EV / Revenue | 1.51 x | 1.61 x | 1.58 x | 1.11 x | 1.13 x | 1.15 x | 1.02 x |
| EV / EBITDA | 8.21 x | 9.41 x | 8.22 x | 7.31 x | 6.85 x | 6.65 x | 5.68 x |
| EV / FCF | 11 x | 12.5 x | 11.7 x | -3.27 x | 10.2 x | 4.54 x | 5.06 x |
| FCF Yield | 9.08% | 8.01% | 8.54% | -30.5% | 9.84% | 22% | 19.7% |
| Price to Book | 1.7 x | 1.69 x | 1.25 x | 0.94 x | - | - | - |
| Nbr of stocks (in thousands) | 128,773 | 129,252 | 121,154 | 108,908 | 108,018 | 108,302 | - |
| Reference price 2 | 21.79 | 18.61 | 15.62 | 13.05 | 14.81 | 17.42 | 17.42 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/21/23 | 2/20/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,782 | 2,188 | 2,252 | 1,519 | 1,645 | 1,691 | 1,791 |
| EBITDA 1 | 510 | 375.3 | 434.2 | 231.2 | 272 | 293.4 | 323 |
| EBIT 1 | 314.1 | 136.4 | 210.6 | 173.7 | 245.6 | 285.2 | 319 |
| Operating Margin | 11.29% | 6.23% | 9.35% | 11.43% | 14.93% | 16.87% | 17.81% |
| Earnings before Tax (EBT) 1 | 130.1 | 5.4 | 101.5 | 38.6 | -146.5 | 128.1 | 158.9 |
| Net income 1 | 92.4 | 0.5 | 66.5 | 241.2 | -154.1 | 87.26 | 114 |
| Net margin | 3.32% | 0.02% | 2.95% | 15.87% | -9.37% | 5.16% | 6.36% |
| EPS 2 | 0.7000 | -0.1600 | 0.1600 | 1.300 | -1.820 | 0.3725 | 0.5400 |
| Free Cash Flow 1 | 380.4 | 283 | 304.7 | -515.9 | 183.4 | 430 | 362 |
| FCF margin | 13.67% | 12.94% | 13.53% | -33.95% | 11.15% | 25.43% | 20.21% |
| FCF Conversion (EBITDA) | 74.59% | 75.41% | 70.18% | - | 67.43% | 146.57% | 112.06% |
| FCF Conversion (Net income) | 411.69% | 56,600% | 458.2% | - | - | 492.76% | 317.49% |
| Dividend per Share 2 | 1.080 | 0.1900 | - | - | - | 815.5 | 851.4 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/21/23 | 2/20/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 535.2 | 549.4 | 369.4 | 384.2 | 393 | 372.8 | 420.6 | 416.9 | 416.3 | 391.3 | 425.1 | 429.9 | 426.1 | 409.5 | 464.6 |
| EBITDA 1 | 96.6 | 97.9 | 49.1 | 56.1 | 69.5 | 56.5 | 58.9 | 83.8 | 67.5 | 61.8 | 74.4 | 74.12 | 75.87 | 69.88 | 80.85 |
| EBIT 1 | 43.3 | 45.5 | 13.7 | 22.3 | 50 | 87.7 | 65.4 | 56.3 | 66.5 | 57.4 | 71.73 | 69.82 | 73.8 | 69.82 | 77.8 |
| Operating Margin | 8.09% | 8.28% | 3.71% | 5.8% | 12.72% | 23.52% | 15.55% | 13.5% | 15.97% | 14.67% | 16.87% | 16.24% | 17.32% | 17.05% | 16.74% |
| Earnings before Tax (EBT) 1 | -2.2 | 8.6 | -13.1 | -15.3 | 7.2 | 59.8 | 20 | -213.1 | 25.4 | 21.2 | 32.03 | 28.73 | 33.6 | 31.13 | 31.3 |
| Net income 1 | -1 | 5.1 | -0.3 | 210.2 | -5.8 | 37.1 | 12.7 | -193.8 | 12.7 | 14.3 | 22.25 | 20.45 | 23.25 | 21.26 | 22.6 |
| Net margin | -0.19% | 0.93% | -0.08% | 54.71% | -1.48% | 9.95% | 3.02% | -46.49% | 3.05% | 3.65% | 5.23% | 4.76% | 5.46% | 5.19% | 4.86% |
| EPS 2 | -0.1000 | -0.0400 | -0.0900 | 1.280 | -0.1500 | 0.1800 | 0.0100 | -1.870 | 0.0100 | 0.0200 | 0.0925 | 0.0900 | 0.1050 | 0.0800 | 0.0800 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 207.8 | 208.3 | 203.7 | 195.6 | - |
| Announcement Date | 11/2/21 | 2/16/22 | 5/3/22 | 8/2/22 | 11/1/22 | 2/21/23 | 5/2/23 | 8/2/23 | 11/1/23 | 2/20/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,383 | 1,126 | 1,676 | 268 | 264 | 65.5 | - |
| Net Cash position 1 | - | - | - | - | - | - | 53.3 |
| Leverage (Debt/EBITDA) | 2.711 x | 3 x | 3.86 x | 1.16 x | 0.9688 x | 0.2233 x | - |
| Free Cash Flow 1 | 380 | 283 | 305 | -516 | 183 | 430 | 362 |
| ROE (net income / shareholders' equity) | 8.88% | 4.62% | 4.25% | 3.59% | -10.8% | 6.11% | 7.33% |
| ROA (Net income/ Total Assets) | 2.01% | 1.13% | 0.94% | 1.26% | 2.11% | 2.53% | 2.96% |
| Assets 1 | 4,606 | 44.36 | 7,108 | 19,100 | -7,316 | 3,455 | 3,851 |
| Book Value Per Share | 12.80 | 11.00 | 12.50 | 13.90 | - | - | - |
| Cash Flow per Share 2 | 4.080 | 2.610 | 3.340 | -3.000 | 1.630 | 0.7000 | 1.370 |
| Capex 1 | 162 | 101 | 109 | 60.9 | 52 | 59 | 62 |
| Capex / Sales | 5.81% | 4.64% | 4.82% | 4.01% | 3.16% | 3.49% | 3.46% |
| Announcement Date | 2/18/20 | 2/16/21 | 2/16/22 | 2/21/23 | 2/20/24 | - | - |
1USD in Million2USD
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
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
17.42
USD
Average target price
19.17
USD
Spread / Average Target
+10.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.62% | 1.89B | |
| -9.32% | 10.95B | |
| +59.26% | 9.83B | |
| 0.00% | 2.38B | |
| +11.95% | 459M | |
| 0.00% | 422M | |
| -23.62% | 370M | |
| -74.04% | 342M | |
| +19.76% | 272M | |
| -1.43% | 235M |
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