Financials Prysmian S.p.A.

Equities

PRY

IT0004176001

Electrical Components & Equipment

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
51.18 EUR +3.52% Intraday chart for Prysmian S.p.A. +1.55% +24.31%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,657 7,656 8,722 9,133 11,227 13,962 - -
Enterprise Value (EV) 1 7,797 9,642 10,482 10,550 11,227 14,689 14,311 13,946
P/E ratio 19.4 x 42.8 x 28.3 x 18.2 x 22.4 x 19.1 x 16.7 x 15.1 x
Yield 2.33% 1.72% 1.66% 1.73% - 1.5% 1.67% 1.83%
Capitalization / Revenue 0.49 x 0.76 x 0.68 x 0.57 x 0.73 x 0.9 x 0.84 x 0.79 x
EV / Revenue 0.68 x 0.96 x 0.82 x 0.66 x 0.73 x 0.94 x 0.86 x 0.79 x
EV / EBITDA 7.74 x 11.5 x 10.7 x 7.61 x 6.9 x 8.95 x 7.8 x 7.05 x
EV / FCF 14.6 x 20.7 x 20.2 x 17.3 x - 19.7 x 20.5 x 19.1 x
FCF Yield 6.86% 4.82% 4.95% 5.77% - 5.07% 4.88% 5.25%
Price to Book 2.34 x 3.39 x 2.99 x 2.59 x - 3.21 x 2.81 x 2.5 x
Nbr of stocks (in thousands) 263,222 263,259 263,410 263,495 272,694 272,805 - -
Reference price 2 21.49 29.08 33.11 34.66 41.17 51.18 51.18 51.18
Announcement Date 3/5/20 3/11/21 3/1/22 3/9/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,519 10,016 12,736 16,067 15,354 15,550 16,653 17,583
EBITDA 1 1,007 840 976 1,387 1,628 1,641 1,835 1,979
EBIT 1 689 515 647 1,119 - 1,233 1,386 1,503
Operating Margin 5.98% 5.14% 5.08% 6.96% - 7.93% 8.32% 8.55%
Earnings before Tax (EBT) 1 444 252 476 739 764 1,068 1,251 1,367
Net income 1 292 178 308 504 529 741.3 832.7 896.8
Net margin 2.53% 1.78% 2.42% 3.14% 3.45% 4.77% 5% 5.1%
EPS 2 1.110 0.6800 1.170 1.900 1.840 2.685 3.065 3.383
Free Cash Flow 1 535 465 519 609 - 744.7 697.8 731.7
FCF margin 4.64% 4.64% 4.08% 3.79% - 4.79% 4.19% 4.16%
FCF Conversion (EBITDA) 53.13% 55.36% 53.18% 43.91% - 45.37% 38.03% 36.97%
FCF Conversion (Net income) 183.22% 261.24% 168.51% 120.83% - 100.46% 83.81% 81.59%
Dividend per Share 2 0.5000 0.5000 0.5500 0.6000 - 0.7652 0.8547 0.9366
Announcement Date 3/5/20 3/11/21 3/1/22 3/9/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 Q3
Net sales 1 4,985 6,034 3,260 3,442 6,702 3,677 4,272 7,949 4,140 3,978 3,992 4,011 8,003 3,822 3,529 - 3,757 3,906 3,892
EBITDA 1 419 470 255 251 506 288 411 699 432 256 427 451 878 408 342 750 384 - -
EBIT 1 253 312 171 164 335 201 320 521 338 260 294 408 702 317 - - 271.6 311.1 270.1
Operating Margin 5.08% 5.17% 5.25% 4.76% 5% 5.47% 7.49% 6.55% 8.16% 6.54% 7.36% 10.17% 8.77% 8.29% - - 7.23% 7.96% 6.94%
Earnings before Tax (EBT) 118 238 141 97 - - 184 368 250 121 271 311 - 238 -56 - - - -
Net income 1 78 162 93 53 146 126 133 259 172 73 182 223 405 170 -46 - 174.4 215.8 196.4
Net margin 1.56% 2.68% 2.85% 1.54% 2.18% 3.43% 3.11% 3.26% 4.15% 1.84% 4.56% 5.56% 5.06% 4.45% -1.3% - 4.64% 5.53% 5.05%
EPS 2 0.3000 - 0.3600 0.2000 - 0.4800 0.5000 0.9800 0.6500 0.2700 0.6700 0.8200 - 0.6200 -0.2700 - 0.6778 0.7847 0.6818
Dividend per Share - - - - - - - - - - - - - - - - - - -
Announcement Date 7/30/20 7/28/21 11/11/21 3/1/22 3/1/22 5/12/22 7/28/22 7/28/22 11/10/22 3/9/23 5/11/23 7/27/23 7/27/23 11/9/23 2/29/24 2/29/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,140 1,986 1,760 1,417 - 727 349 -
Net Cash position 1 - - - - - - - 16
Leverage (Debt/EBITDA) 2.125 x 2.364 x 1.803 x 1.022 x - 0.4431 x 0.1902 x -
Free Cash Flow 1 535 465 519 609 - 745 698 732
ROE (net income / shareholders' equity) 15.6% 9.36% 11.9% 15.5% - 18.7% 18.3% 17.2%
ROA (Net income/ Total Assets) 3.47% 2.14% 3.1% 4.07% - 5.5% 5.92% -
Assets 1 8,420 8,307 9,943 12,386 - 13,489 14,072 -
Book Value Per Share 2 9.180 8.580 11.10 13.40 - 15.90 18.20 20.40
Cash Flow per Share 2 2.950 2.680 2.940 3.910 - 4.040 3.340 4.070
Capex 1 240 240 258 429 - 639 575 534
Capex / Sales 2.08% 2.4% 2.03% 2.67% - 4.11% 3.45% 3.04%
Announcement Date 3/5/20 3/11/21 3/1/22 3/9/23 2/29/24 - - -
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
13
Last Close Price
51.18 EUR
Average target price
51.92 EUR
Spread / Average Target
+1.45%
Consensus
  1. Stock Market
  2. Equities
  3. PRY Stock
  4. Financials Prysmian S.p.A.