RIETER HOLDING AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 127.2 CHF | +2.91% |
|
+1.76% | +41.18% |
| Mar. 13 | Transcript : Rieter Holding AG, 2023 Earnings Call, Mar 13, 2024 | |
| Mar. 13 | Rieter Posts Higher FY23 Attributable Net Profit; Sales Down | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 618.8 | 436.5 | 790.5 | 471.9 | 403.6 | 571.4 | - | - |
| Enterprise Value (EV) 1 | 456.7 | 395.2 | 952.4 | 757.5 | 403.6 | 740.2 | 713.3 | 611.9 |
| P/E ratio | 11.9 x | -4.82 x | 25.2 x | 38.9 x | 5.47 x | 26.9 x | 12.8 x | 9.19 x |
| Yield | 3.26% | - | 2.26% | 1.43% | - | 2.2% | 3.28% | 4.03% |
| Capitalization / Revenue | 0.81 x | 0.76 x | 0.82 x | 0.31 x | 0.28 x | 0.55 x | 0.46 x | 0.43 x |
| EV / Revenue | 0.6 x | 0.69 x | 0.98 x | 0.5 x | 0.28 x | 0.72 x | 0.58 x | 0.46 x |
| EV / EBITDA | 3.71 x | -8.46 x | 11.2 x | 8.91 x | 2.52 x | 8.44 x | 6.04 x | 4.44 x |
| EV / FCF | -5.91 x | -5.14 x | 7.39 x | -6.48 x | - | 9.67 x | 17.3 x | 10.6 x |
| FCF Yield | -16.9% | -19.5% | 13.5% | -15.4% | - | 10.3% | 5.78% | 9.41% |
| Price to Book | 1.33 x | 1.23 x | 2.01 x | 1.31 x | - | 1.44 x | 1.33 x | 1.19 x |
| Nbr of stocks (in thousands) | 4,481 | 4,514 | 4,466 | 4,494 | 4,480 | 4,492 | - | - |
| Reference price 2 | 138.1 | 96.70 | 177.0 | 105.0 | 90.10 | 127.2 | 127.2 | 127.2 |
| Announcement Date | 3/10/20 | 3/9/21 | 3/9/22 | 3/9/23 | 3/13/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 760 | 573 | 969.2 | 1,511 | 1,419 | 1,030 | 1,236 | 1,327 |
| EBITDA 1 | 123.1 | -46.7 | 85 | 85 | 160.4 | 87.74 | 118.1 | 137.9 |
| EBIT 1 | -7 | -84.4 | 46 | 32.2 | 101.7 | 37.88 | 68.79 | 90.45 |
| Operating Margin | -0.92% | -14.73% | 4.75% | 2.13% | 7.17% | 3.68% | 5.56% | 6.82% |
| Earnings before Tax (EBT) 1 | 85.4 | -88 | 41.3 | 17.1 | 90.6 | 29.25 | 61.85 | 93.7 |
| Net income 1 | 52.4 | -89.8 | 31.7 | 12.1 | 74 | 21.05 | 44.06 | 61.82 |
| Net margin | 6.89% | -15.67% | 3.27% | 0.8% | 5.22% | 2.04% | 3.56% | 4.66% |
| EPS 2 | 11.65 | -20.05 | 7.030 | 2.700 | 16.47 | 4.729 | 9.935 | 13.84 |
| Free Cash Flow 1 | -77.3 | -76.9 | 128.9 | -116.9 | - | 76.53 | 41.2 | 57.57 |
| FCF margin | -10.17% | -13.42% | 13.3% | -7.74% | - | 7.43% | 3.33% | 4.34% |
| FCF Conversion (EBITDA) | - | - | 151.65% | - | - | 87.22% | 34.88% | 41.75% |
| FCF Conversion (Net income) | - | - | 406.62% | - | - | 363.63% | 93.51% | 93.12% |
| Dividend per Share 2 | 4.500 | - | 4.000 | 1.500 | - | 2.798 | 4.166 | 5.131 |
| Announcement Date | 3/10/20 | 3/9/21 | 3/9/22 | 3/9/23 | 3/13/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 254.9 | 318.1 | 400.5 | 568.7 | 620.6 | 890.3 | 758.2 | 660.4 | 448 | 605 |
| EBITDA | - | -36.1 | - | 27.1 | - | 15.6 | - | 52.2 | - | - | - |
| EBIT 1 | -11.2 | -55 | -29.4 | 9 | - | -10.2 | 42.4 | 25.2 | - | 14.8 | 25.2 |
| Operating Margin | - | -21.58% | -9.24% | 2.25% | - | -1.64% | 4.76% | 3.32% | - | 3.3% | 4.17% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | -54.4 | - | 5.3 | - | -25.2 | - | 13.3 | - | - | - |
| Net margin | - | -21.34% | - | 1.32% | - | -4.06% | - | 1.75% | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/10/20 | 7/16/20 | 3/9/21 | 7/15/21 | 3/9/22 | 7/19/22 | 3/9/23 | 7/20/23 | 3/13/24 | - | - |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 162 | 286 | - | 169 | 142 | 40.5 |
| Net Cash position 1 | 162 | 41.3 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 1.905 x | 3.36 x | - | 1.924 x | 1.201 x | 0.2939 x |
| Free Cash Flow 1 | -77.3 | -76.9 | 129 | -117 | - | 76.5 | 41.2 | 57.6 |
| ROE (net income / shareholders' equity) | 11.5% | -21.9% | 8.49% | 3.2% | - | 5.82% | 10.8% | 13.7% |
| ROA (Net income/ Total Assets) | - | - | 2.64% | - | - | - | - | - |
| Assets 1 | - | - | 1,200 | - | - | - | - | - |
| Book Value Per Share 2 | 104.0 | 78.50 | 88.10 | 80.30 | - | 88.10 | 95.90 | 107.0 |
| Cash Flow per Share 2 | -10.20 | -11.10 | 36.80 | 16.90 | - | 31.00 | 24.10 | 24.10 |
| Capex 1 | 31.6 | 28.6 | 38.6 | 46.7 | - | 41.1 | 40.8 | 40.8 |
| Capex / Sales | 4.16% | 4.99% | 3.98% | 3.09% | - | 3.99% | 3.3% | 3.07% |
| Announcement Date | 3/10/20 | 3/9/21 | 3/9/22 | 3/9/23 | 3/13/24 | - | - | - |
1CHF in Million2CHF
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
127.2
CHF
Average target price
137.8
CHF
Spread / Average Target
+8.36%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +41.18% | 625M | |
| +11.73% | 82.35B | |
| +20.17% | 71.09B | |
| +20.89% | 37.72B | |
| +15.77% | 32.01B | |
| +9.19% | 27.2B | |
| +3.18% | 26.74B | |
| +4.22% | 26B | |
| +16.93% | 25.5B | |
| +17.14% | 24.76B |
- Stock Market
- Equities
- RIEN Stock
- Financials Rieter Holding AG
