PIERRE & VACANCES Financials Pierre & Vacances Deutsche Boerse AG
Equities
PV6
FR0000073041
Hotels, Motels & Cruise Lines
|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.553 EUR | +2.31% |
|
-6.78% | -5.24% |
| May. 31 | PIERRE & VACANCES : Oddo BHF remains positive after CMD | CF |
| May. 30 | Pierre & Vacances raises its targets | CF |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 148.2 | 115.4 | 88.66 | 336.3 | 568.8 | 706.9 | - | - |
| Enterprise Value (EV) 1 | 376.8 | 446 | 618.5 | 269.5 | 489.8 | 639.3 | 2,253 | 561.8 |
| P/E ratio | -60.6 x | -3.64 x | -0.21 x | 7.88 x | -8.94 x | 15.3 x | 13.8 x | 11.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.09 x | 0.1 x | 0.09 x | 0.21 x | 0.3 x | 0.36 x | 0.35 x | 0.34 x |
| EV / Revenue | 0.24 x | 0.38 x | 0.66 x | 0.17 x | 0.26 x | 0.32 x | 1.12 x | 0.27 x |
| EV / EBITDA | 4.48 x | -4.02 x | -3.68 x | 1.72 x | 3.57 x | 3.76 x | 5.82 x | 2.78 x |
| EV / FCF | 117 x | -16.3 x | -2.2 x | 10 x | -7.76 x | -320 x | 65.4 x | 11.7 x |
| FCF Yield | 0.85% | -6.14% | -45.5% | 9.96% | -12.9% | -0.31% | 1.53% | 8.55% |
| Price to Book | 7.95 x | -2.75 x | - | -0.06 x | -1.38 x | 3.1 x | 2.59 x | 2.17 x |
| Nbr of stocks (in thousands) | 9,535 | 9,620 | 9,796 | 415,167 | 454,294 | 454,300 | - | - |
| Reference price 2 | 15.54 | 12.00 | 9.050 | 0.8100 | 1.252 | 1.488 | 1.488 | 1.488 |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,595 | 1,172 | 937.2 | 1,612 | 1,915 | 1,971 | 2,006 | 2,077 |
| EBITDA 1 | 84.12 | -110.9 | -168.2 | 156.5 | 137.1 | 170.2 | 387.2 | 201.8 |
| EBIT 1 | 30.9 | -171.5 | -236.7 | 98.6 | 90.1 | 109 | 208.2 | 140 |
| Operating Margin | 1.94% | -14.64% | -25.26% | 6.12% | 4.71% | 5.53% | 10.38% | 6.74% |
| Earnings before Tax (EBT) 1 | 1.3 | -328.3 | -317.3 | 339.1 | -50.5 | 91.7 | 104.4 | 123.6 |
| Net income 1 | -33 | -336.2 | -341.3 | 291.3 | -63.2 | 47.08 | 58.78 | 73.52 |
| Net margin | -2.07% | -28.7% | -36.42% | 18.07% | -3.3% | 2.39% | 2.93% | 3.54% |
| EPS 2 | -0.2566 | -3.301 | -43.67 | 0.1028 | -0.1400 | 0.0975 | 0.1080 | 0.1333 |
| Free Cash Flow 1 | 3.214 | -27.4 | -281.2 | 26.84 | -63.1 | -2 | 34.45 | 48.05 |
| FCF margin | 0.2% | -2.34% | -30% | 1.66% | -3.3% | -0.1% | 1.72% | 2.31% |
| FCF Conversion (EBITDA) | 3.82% | - | - | 17.15% | - | - | 8.9% | 23.81% |
| FCF Conversion (Net income) | - | - | - | 9.21% | - | - | 58.61% | 65.35% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2020 S1 | 2021 Q3 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 404.5 | 355.5 | 359.8 | 566.5 | 574.1 | 351.8 | 390 | 429.8 | 640.6 | 368.6 | 432.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | -125.6 | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/21/20 | 9/1/21 | 1/20/22 | 4/19/22 | 9/1/22 | 12/1/22 | 1/18/23 | 4/18/23 | 7/18/23 | 12/1/23 | 1/23/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 229 | 331 | 530 | - | - | - | 1,546 | - |
| Net Cash position 1 | - | - | - | 66.8 | 79 | 67.6 | - | 145 |
| Leverage (Debt/EBITDA) | 2.718 x | -2.981 x | -3.15 x | - | - | - | 3.993 x | - |
| Free Cash Flow 1 | 3.21 | -27.4 | -281 | 26.8 | -63.1 | -2 | 34.5 | 48.1 |
| ROE (net income / shareholders' equity) | -12.3% | -200% | - | - | - | 16% | 17.7% | 18.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | -1.53% | 2.6% | 3.2% | 3.9% |
| Assets 1 | - | - | - | - | 4,136 | 1,811 | 1,837 | 1,885 |
| Book Value Per Share 2 | 1.960 | -4.360 | - | -12.60 | -0.9000 | 0.4800 | 0.5800 | 0.6900 |
| Cash Flow per Share 2 | 0.4800 | 0.0900 | 1.010 | 3.030 | 0.7000 | 0.3000 | 0.3000 | - |
| Capex 1 | 58 | 40.1 | 38.7 | 58.2 | 119 | 93.4 | 93.8 | 99.4 |
| Capex / Sales | 3.63% | 3.42% | 4.13% | 3.61% | 6.2% | 4.74% | 4.68% | 4.79% |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1.488
EUR
Average target price
2.12
EUR
Spread / Average Target
+42.47%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +4.31% | 11.32B | |
| -17.29% | 6.94B | |
| -11.21% | 5.67B | |
| -8.83% | 3.63B | |
| +2.05% | 2.51B | |
| +3.00% | 2.5B | |
| +11.54% | 2.17B | |
| -9.73% | 2.17B | |
| +1.79% | 2.04B |
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- Financials Pierre & Vacances
