Financials SA Commerciale de Brasserie

Equities

COBH

BE0003519270

Brewers

Market Closed - Euronext Bruxelles 05:30:10 2024-04-26 am EDT 5-day change 1st Jan Change
1,740 EUR 0.00% Intraday chart for SA Commerciale de Brasserie 0.00% -19.44%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 276 298.5 300 249 225 210
Enterprise Value (EV) 1 269.5 294.1 304.4 269.7 241.3 218.4
P/E ratio 39.6 x 58.8 x 90.1 x -23.7 x -115 x 43.7 x
Yield 0.57% 0.53% - - - 0.39%
Capitalization / Revenue 2.73 x 2.83 x 2.78 x 3.76 x 2.83 x 1.87 x
EV / Revenue 2.66 x 2.79 x 2.82 x 4.07 x 3.04 x 1.95 x
EV / EBITDA 15 x 16.9 x 18.5 x 166 x 21.1 x 13.1 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.46 x 2.59 x 2.53 x 2.3 x 2.12 x 1.91 x
Nbr of stocks (in thousands) 75 75 75 75 75 75
Reference price 2 3,680 3,980 4,000 3,320 3,000 2,800
Announcement Date 4/30/18 4/30/19 7/24/20 5/10/21 5/3/22 4/29/23
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 101.1 105.3 107.8 66.24 79.49 112.2
EBITDA 1 18.02 17.36 16.44 1.626 11.42 16.66
EBIT 1 7.852 6.559 4.816 -10.79 -2.34 4.406
Operating Margin 7.76% 6.23% 4.47% -16.29% -2.94% 3.93%
Earnings before Tax (EBT) 1 9.477 7.318 5.158 -10.42 -1.634 6.546
Net income 1 6.962 5.075 3.328 -10.51 -1.958 4.806
Net margin 6.88% 4.82% 3.09% -15.87% -2.46% 4.28%
EPS 2 92.83 67.67 44.37 -140.2 -26.11 64.08
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 21.00 21.00 - - - 11.00
Announcement Date 4/30/18 4/30/19 7/24/20 5/10/21 5/3/22 4/29/23
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 4.37 20.7 16.3 8.4
Net Cash position 1 6.5 4.44 - - - -
Leverage (Debt/EBITDA) - - 0.2657 x 12.7 x 1.429 x 0.5044 x
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 6.39% 4.46% 2.84% -9.27% -1.83% 4.44%
ROA (Net income/ Total Assets) 3.36% 2.73% 1.9% -4.12% -0.89% 1.66%
Assets 1 207.3 185.7 175.2 255 219 289.4
Book Value Per Share 2 1,496 1,539 1,583 1,443 1,417 1,468
Cash Flow per Share 2 108.0 73.50 53.50 28.20 89.30 113.0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/30/18 4/30/19 7/24/20 5/10/21 5/3/22 4/29/23
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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