Financials Prada S.p.A.

Equities

1913

IT0003874101

Apparel & Accessories

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
63.35 HKD +2.76% Intraday chart for Prada S.p.A. +9.13% +41.88%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,437 13,835 14,407 13,505 13,256 19,396 - -
Enterprise Value (EV) 1 12,257 14,145 16,212 15,078 15,164 21,047 20,839 20,560
P/E ratio 36.9 x -257 x 49 x 29 x 19.8 x 25 x 22.3 x 20.1 x
Yield - 0.65% 1.24% 2.08% 2.64% 2.33% 2.49% 2.67%
Capitalization / Revenue 2.93 x 5.71 x 4.28 x 3.22 x 2.8 x 3.72 x 3.42 x 3.17 x
EV / Revenue 3.8 x 5.84 x 4.82 x 3.59 x 3.21 x 4.03 x 3.67 x 3.36 x
EV / EBITDA 12.3 x 17.6 x 14.5 x 10 x 8.72 x 10.7 x 9.69 x 8.85 x
EV / FCF 24.6 x 29.3 x 17.5 x 17.1 x 38.3 x 24.8 x 19.9 x 18.6 x
FCF Yield 4.07% 3.41% 5.7% 5.85% 2.61% 4.03% 5.03% 5.37%
Price to Book 3.18 x 4.89 x 4.63 x 3.88 x 3.44 x 4.54 x 4.13 x 3.72 x
Nbr of stocks (in thousands) 2,558,824 2,558,824 2,558,824 2,558,824 2,558,824 2,558,824 - -
Reference price 2 3.688 5.407 5.630 5.278 5.180 7.580 7.580 7.580
Announcement Date 3/18/20 3/10/21 3/14/22 3/9/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,226 2,423 3,366 4,201 4,726 5,217 5,673 6,116
EBITDA 1 996.8 803.7 1,120 1,508 1,738 1,975 2,151 2,323
EBIT 1 306.8 20.06 489.5 845.2 1,062 1,205 1,351 1,491
Operating Margin 9.51% 0.83% 14.54% 20.12% 22.46% 23.11% 23.81% 24.37%
Earnings before Tax (EBT) 1 234.8 -51.81 421.7 711 971.5 1,120 1,257 1,380
Net income 1 255.8 -54.14 294.3 465.2 671 771.7 870.2 965.1
Net margin 7.93% -2.23% 8.74% 11.07% 14.2% 14.79% 15.34% 15.78%
EPS 2 0.1000 -0.0210 0.1150 0.1820 0.2620 0.3027 0.3404 0.3778
Free Cash Flow 1 498.9 482.9 923.9 882.2 395.6 848.4 1,049 1,105
FCF margin 15.47% 19.93% 27.45% 21% 8.37% 16.26% 18.49% 18.06%
FCF Conversion (EBITDA) 50.05% 60.08% 82.48% 58.52% 22.76% 42.95% 48.77% 47.56%
FCF Conversion (Net income) 195.06% - 313.98% 189.64% 58.96% 109.94% 120.56% 114.45%
Dividend per Share 2 - 0.0350 0.0700 0.1100 0.1370 0.1766 0.1884 0.2021
Announcement Date 3/18/20 3/10/21 3/14/22 3/9/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 1,655 937.7 1,485 1,501 1,865 1,901 2,300 1,065 1,167 2,232 1,111 1,383 2,542 1,187 1,290 2,488 1,237 1,500 2,752
EBITDA 506.2 267.3 536.4 478.2 642 655.2 852.4 - - 821.5 - - - - - - - - -
EBIT 156.3 -195.8 215.9 165.9 323.6 330.8 514.4 - - 491.4 - - 570.3 - - 554.7 - - 643.1
Operating Margin 9.44% -20.88% 14.54% 11.05% 17.35% 17.4% 22.37% - - 22.01% - - 22.44% - - 22.3% - - 23.37%
Earnings before Tax (EBT) 114.7 -235.5 183.7 138.2 283.5 277.4 433.5 - - 445 - - 526.5 - - 526.2 - - 597.9
Net income 177.9 -180.3 126.2 97.24 197 188.3 276.9 - - 305.2 - - 365.9 - - 358.9 - - 407
Net margin 10.75% -19.23% 8.5% 6.48% 10.57% 9.9% 12.04% - - 13.67% - - 14.4% - - 14.43% - - 14.79%
EPS - -0.0700 0.0490 0.0380 0.0770 0.0740 0.1080 - - 0.1190 - - 0.1430 - - 0.1350 - - 0.1650
Dividend per Share - - - - - - - - - - - - - - - - - - -
Announcement Date 3/18/20 7/29/20 3/10/21 7/29/21 3/14/22 7/29/22 3/9/23 4/27/23 7/27/23 7/27/23 10/31/23 3/7/24 3/7/24 4/24/24 - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,820 309 1,806 1,572 1,908 1,651 1,442 1,164
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.829 x 0.3849 x 1.612 x 1.043 x 1.098 x 0.8357 x 0.6705 x 0.501 x
Free Cash Flow 1 499 483 924 882 396 848 1,049 1,105
ROE (net income / shareholders' equity) 8.75% -1.87% 9.9% 14.1% 18.3% 19.5% 19.7% 20%
ROA (Net income/ Total Assets) 4.37% -0.8% 4.36% 6.49% 8.95% 10.1% 10.6% 10.9%
Assets 1 5,859 6,783 6,749 7,168 7,496 7,642 8,197 8,893
Book Value Per Share 2 1.160 1.110 1.220 1.360 1.510 1.670 1.840 2.040
Cash Flow per Share 2 0.3200 0.2300 0.4500 0.4400 0.4500 0.6100 0.6400 0.5700
Capex 1 311 110 220 241 760 367 361 372
Capex / Sales 9.64% 4.52% 6.53% 5.75% 16.07% 7.04% 6.36% 6.08%
Announcement Date 3/18/20 3/10/21 3/14/22 3/9/23 3/7/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
7.58 EUR
Average target price
8.075 EUR
Spread / Average Target
+6.52%
Consensus
  1. Stock Market
  2. Equities
  3. 1913 Stock
  4. Financials Prada S.p.A.