Financials Quest Holdings S.A.

Equities

QUEST

GRS310003009

Integrated Hardware & Software

Market Closed - Athens S.E. 10:14:42 2024-04-26 am EDT 5-day change 1st Jan Change
6 EUR +8.70% Intraday chart for Quest Holdings S.A. +13.21% +6.76%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 281.6 373.3 668.3 501.8 636 - -
Enterprise Value (EV) 1 281.6 373.3 583.7 501.8 664.8 661.7 646.2
P/E ratio - - 5.22 x - 13.6 x 12.8 x 11.3 x
Yield - - 4.8% - 4.17% 4.5% 4.83%
Capitalization / Revenue 0.47 x 0.52 x 0.73 x 0.49 x 0.49 x 0.45 x 0.42 x
EV / Revenue 0.47 x 0.52 x 0.64 x 0.49 x 0.51 x 0.47 x 0.43 x
EV / EBITDA 5.27 x 6.23 x 9.11 x 6.97 x 7.38 x 6.76 x 6.2 x
EV / FCF - - -34.4 x - 46.8 x 21.1 x 14 x
FCF Yield - - -2.91% - 2.14% 4.73% 7.13%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 107,223 107,156 106,977 106,540 105,994 - -
Reference price 2 2.627 3.483 6.247 4.710 6.000 6.000 6.000
Announcement Date 4/7/20 4/7/21 4/6/22 4/6/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net sales 1 600.3 721.4 915.9 1,032 1,300 1,408 1,506
EBITDA 1 53.39 59.9 64.06 72.03 90.1 97.9 104.3
EBIT 1 - - 51.34 61.21 75.2 82.1 87.9
Operating Margin - - 5.6% 5.93% 5.79% 5.83% 5.84%
Earnings before Tax (EBT) 1 - - 51.34 54.89 61 65.8 73
Net income 1 - - 42.69 41.39 47 50.7 56.4
Net margin - - 4.66% 4.01% 3.62% 3.6% 3.74%
EPS 2 - - 1.197 - 0.4400 0.4700 0.5300
Free Cash Flow 1 - - -16.97 - 14.2 31.3 46.1
FCF margin - - -1.85% - 1.09% 2.22% 3.06%
FCF Conversion (EBITDA) - - - - 15.76% 31.97% 44.2%
FCF Conversion (Net income) - - - - 30.21% 61.74% 81.74%
Dividend per Share 2 - - 0.3000 - 0.2500 0.2700 0.2900
Announcement Date 4/7/20 4/7/21 4/6/22 4/6/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3
Net sales 1 447.5 - 278.6 238.1 260.8 292.2 285.9 258.1 544 283
EBITDA 1 39.25 - 11.93 16.91 20.05 17.47 19.47 19.54 39.01 20.78
EBIT - - 13.12 15.6 16.79 - 16.55 16.11 32.66 -
Operating Margin - - 4.71% 6.55% 6.44% - 5.79% 6.24% 6% -
Earnings before Tax (EBT) - - - - 15.2 - - - - -
Net income - 85.98 - - 11.27 9.45 - - - -
Net margin - - - - 4.32% 3.23% - - - -
EPS - 1.026 - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 9/8/21 11/25/21 4/6/22 5/26/22 11/24/22 4/6/23 5/24/23 9/6/23 9/6/23 11/22/23
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net Debt 1 - - - - 28.8 25.7 10.2
Net Cash position 1 - - 84.6 - - - -
Leverage (Debt/EBITDA) - - - - 0.3196 x 0.2625 x 0.0978 x
Free Cash Flow 1 - - -17 - 14.2 31.3 46.1
ROE (net income / shareholders' equity) 14.9% - 21.1% - 16.5% 16.4% 16.7%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 - - 21.1 - 38 21.3 13.5
Capex / Sales - - 2.3% - 2.92% 1.51% 0.9%
Announcement Date 4/7/20 4/7/21 4/6/22 4/6/23 - - -
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
6 EUR
Average target price
8.7 EUR
Spread / Average Target
+45.00%
Consensus

Quarterly revenue - Rate of surprise

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