Financials Relatech S.p.A.

Equities

RLT

IT0005433740

IT Services & Consulting

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
1.98 EUR +0.76% Intraday chart for Relatech S.p.A. 0.00% -6.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 21.42 79.3 103 87 89.14 83.75 - -
Enterprise Value (EV) 1 20.33 77.12 101.3 102.2 89.14 90.85 81.85 74.65
P/E ratio - 37.5 x 31.1 x 52 x - 9.9 x 7.31 x 6.39 x
Yield - - - - - - - -
Capitalization / Revenue 1.01 x 3.26 x 2.77 x 1.24 x 0.91 x 0.83 x 0.7 x 0.68 x
EV / Revenue 0.95 x 3.17 x 2.73 x 1.46 x 0.91 x 0.9 x 0.68 x 0.6 x
EV / EBITDA 4.13 x 13.1 x 13.9 x 7.75 x 5.54 x 4.64 x 3.38 x 2.79 x
EV / FCF 16.4 x 12.1 x -266 x 11.4 x - 10.4 x 8.53 x 5.49 x
FCF Yield 6.1% 8.29% -0.38% 8.78% - 9.58% 11.7% 18.2%
Price to Book - 18.6 x 4.46 x - - 1.7 x 1.36 x -
Nbr of stocks (in thousands) 28,005 31,718 36,786 41,825 42,247 42,298 - -
Reference price 2 0.7650 2.500 2.800 2.080 2.110 1.980 1.980 1.980
Announcement Date 4/7/20 3/24/21 3/29/22 3/28/23 3/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 21.32 24.34 37.17 70 98.48 100.6 119.7 123.8
EBITDA 1 4.921 5.898 7.303 13.18 16.08 19.6 24.2 26.8
EBIT 1 4.278 4.105 4.079 8.7 9.496 12.8 17.2 19.3
Operating Margin 20.07% 16.86% 10.98% 12.43% 9.64% 12.72% 14.37% 15.59%
Earnings before Tax (EBT) 1 3.75 3.356 3.295 4.545 6.16 11.4 16.2 18.2
Net income 1 2.534 2.551 3.703 1.659 3.558 8.6 11.65 13.2
Net margin 11.89% 10.48% 9.96% 2.37% 3.61% 8.55% 9.73% 10.66%
EPS 2 - 0.0667 0.0900 0.0400 - 0.2000 0.2710 0.3100
Free Cash Flow 1 1.24 6.391 -0.3802 8.971 - 8.7 9.6 13.6
FCF margin 5.82% 26.25% -1.02% 12.82% - 8.65% 8.02% 10.99%
FCF Conversion (EBITDA) 25.2% 108.37% - 68.05% - 44.39% 39.67% 50.75%
FCF Conversion (Net income) 48.93% 250.55% - 540.74% - 101.16% 82.4% 103.03%
Dividend per Share - - - - - - - -
Announcement Date 4/7/20 3/24/21 3/29/22 3/28/23 3/28/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 15.2 - 7.1 - -
Net Cash position 1 1.09 2.17 1.71 - - - 1.9 9.1
Leverage (Debt/EBITDA) - - - 1.155 x - 0.3622 x - -
Free Cash Flow 1 1.24 6.39 -0.38 8.97 - 8.7 9.6 13.6
ROE (net income / shareholders' equity) - 24% 20.7% 5.9% - 19.4% 21.1% 19.3%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 0.1300 0.6300 - - 1.160 1.460 -
Cash Flow per Share - - - - - - - -
Capex 1 1.96 0.59 9.05 28.8 - 8.4 7.8 6.6
Capex / Sales 9.2% 2.42% 24.35% 41.15% - 8.35% 6.52% 5.33%
Announcement Date 4/7/20 3/24/21 3/29/22 3/28/23 3/28/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.98 EUR
Average target price
4.055 EUR
Spread / Average Target
+104.80%
Consensus

Annual profits - Rate of surprise

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