Financials Peugeot Invest

Equities

Market Closed - Euronext Paris Other stock markets 11:37:50 2024-04-26 am EDT			5-day change	1st Jan Change
109.4 ^EUR	0.00%		-0.55%	+7.89%

Mar. 21	Peugeot Invest Société anonyme Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 11	Peugeot Invest: CEO to step down by the end of July at the latest	CF

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,573	2,345	3,075	2,211	2,519	2,714	-	-
Enterprise Value (EV) ¹	3,892	3,979	4,279	3,161	2,519	3,474	3,474	2,714
P/E ratio	19.6 x	17.5 x	6.74 x	9.31 x	-	12.8 x	12.8 x	-
Yield	2.07%	2.48%	2.14%	3.2%	3.21%	3.06%	3.56%	3.52%
Capitalization / Revenue	13.5 x	10 x	4.76 x	6.88 x	9.3 x	10.4 x	10.4 x	-
EV / Revenue	20.4 x	17 x	6.63 x	9.84 x	9.3 x	13.3 x	13.3 x	-
EV / EBITDA	24.5 x	20.1 x	7.01 x	11.1 x	-	14.9 x	15 x	-
EV / FCF	44.4 x	-177 x	47.9 x	12.8 x	-	15.1 x	15.3 x	-
FCF Yield	2.25%	-0.57%	2.09%	7.81%	-	6.6%	6.56%	-
Price to Book	0.61 x	0.54 x	0.55 x	0.46 x	-	0.76 x	0.76 x	-
Nbr of stocks (in thousands)	24,741	24,785	24,798	24,837	24,846	24,805	-	-
Reference price ²	104.0	94.60	124.0	89.00	101.4	109.4	109.4	109.4
Announcement Date	3/26/20	4/8/21	3/22/22	3/23/23	3/21/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	190.4	234.5	645.8	321.4	271	262	262	-
EBITDA ¹	158.6	198.2	610.6	285.5	-	233	231	-
EBIT ¹	157.9	197.6	609.7	284.7	230.4	231	229	-
Operating Margin	82.93%	84.24%	94.41%	88.58%	85.02%	88.17%	87.4%	-
Earnings before Tax (EBT)	-	155.4	593.7	302.4	-	-	-	-
Net income ¹	131	134.1	454.5	237.4	136.6	214	212	-
Net margin	68.82%	57.16%	70.38%	73.86%	50.41%	81.68%	80.92%	-
EPS ²	5.310	5.410	18.41	9.560	-	8.580	8.530	-
Free Cash Flow ¹	87.57	-22.5	89.25	247	-	229.3	227.7	-
FCF margin	46%	-9.6%	13.82%	76.84%	-	87.52%	86.91%	-
FCF Conversion (EBITDA)	55.21%	-	14.62%	86.5%	-	98.41%	98.57%	-
FCF Conversion (Net income)	66.85%	-	19.64%	104.03%	-	107.15%	107.41%	-
Dividend per Share ²	2.150	2.350	2.650	2.850	3.250	3.346	3.895	3.850
Announcement Date	3/26/20	4/8/21	3/22/22	3/23/23	3/21/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	1,319	1,634	1,204	951	-	760	760
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	8.314 x	8.246 x	1.972 x	3.33 x	-	3.262 x	3.29 x
Free Cash Flow ¹	87.6	-22.5	89.3	247	-	229	228
ROE (net income / shareholders' equity)	3.39%	3.15%	9.23%	4.57%	-	6%	6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	169.0	175.0	225.0	194.0	-	143.0	143.0
Cash Flow per Share	3.520	-	-	-	-	-	-
Capex ¹	0.21	0.38	0.07	1.78	-	-	-
Capex / Sales	0.11%	0.16%	0.01%	0.55%	-	-	-
Announcement Date	3/26/20	4/8/21	3/22/22	3/23/23	3/21/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

109.4 EUR

Average target price

148.3 EUR

Spread / Average Target

+35.59%

	1st Jan change	Capi.
PEUGEOT INVEST	+7.89%	2.9B
BLACKROCK, INC.	-6.03%	113B
UBS GROUP AG	-3.98%	87.91B
APOLLO GLOBAL MANAGEMENT, INC.	+20.96%	63.76B
BROOKFIELD CORPORATION	+5.29%	61.9B
BANK OF NEW YORK MELLON CORPORATION (THE)	+10.12%	42.86B
AMERIPRISE FINANCIAL, INC.	+7.95%	40.84B
3I GROUP PLC	+18.92%	34.58B
T. ROWE PRICE GROUP INC.	+5.88%	25.48B
STATE STREET CORPORATION	-5.25%	22.13B