Real-time Estimate
Cboe BZX
10:21:47 2024-12-03 am EST
|
5-day change
|
1st Jan Change
|
85.19 USD
|
-0.32%
|
|
-0.03%
|
+5.83%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
13,630
|
11,651
|
12,382
|
12,869
|
13,683
|
13,868
|
15,013
|
15,599
|
Change
|
-
|
-14.52%
|
6.27%
|
3.93%
|
6.33%
|
1.35%
|
8.26%
|
3.9%
|
EBITDA
1 |
1,576
|
1,020
|
1,395
|
1,507
|
1,579
|
1,572
|
1,796
|
1,950
|
Change
|
-
|
-35.28%
|
36.76%
|
8.03%
|
4.78%
|
-0.47%
|
14.25%
|
8.62%
|
EBIT
1 |
1,160
|
629
|
1,005
|
1,110
|
1,184
|
1,083
|
1,373
|
1,503
|
Change
|
-
|
-45.78%
|
59.78%
|
10.45%
|
6.67%
|
-8.55%
|
26.82%
|
9.42%
|
Interest Paid
1 |
-146
|
-145
|
-124
|
-94
|
-62
|
-84.75
|
-81
|
-67.67
|
Earnings before Tax (EBT)
1 |
942
|
282
|
873
|
1,016
|
1,087
|
1,095
|
1,387
|
1,533
|
Change
|
-
|
-70.06%
|
209.57%
|
16.38%
|
6.99%
|
0.71%
|
26.7%
|
10.53%
|
Net income
1 |
815
|
309
|
746
|
861
|
921
|
893.9
|
1,109
|
1,197
|
Change
|
-
|
-62.09%
|
141.42%
|
15.42%
|
6.97%
|
-2.94%
|
24.11%
|
7.87%
|
Announcement Date
|
1/29/20
|
1/27/21
|
1/27/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 Q4
|
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
2026 Q2
|
2026 Q3
|
---|
Net sales
1 |
4,035
|
2,777
|
2,472
|
2,735
|
3,667
|
2,879
|
3,191
|
2,990
|
3,322
|
3,001
|
3,154
|
3,078
|
3,636
|
3,024
|
3,424
|
3,343
|
3,892
|
3,135
|
3,527
|
3,427
|
3,779
|
3,336
|
3,731
|
3,695
|
4,203
|
3,290
|
3,525
|
3,584
|
Change
|
-
|
-31.18%
|
-10.98%
|
10.64%
|
34.08%
|
-21.49%
|
10.84%
|
-6.3%
|
11.1%
|
-9.66%
|
5.1%
|
-2.41%
|
18.13%
|
-16.83%
|
13.23%
|
-2.37%
|
16.42%
|
-19.45%
|
12.5%
|
-2.84%
|
10.27%
|
-11.73%
|
11.87%
|
-0.98%
|
13.75%
|
-21.73%
|
7.14%
|
1.68%
|
EBITDA
1 |
432
|
232
|
150
|
254
|
382
|
304
|
347
|
350
|
386
|
353
|
389
|
381
|
383
|
312
|
432
|
393
|
442
|
316
|
416
|
365
|
397.1
|
385.4
|
456.7
|
457
|
540
|
408.2
|
441.8
|
458.9
|
Change
|
-
|
-46.3%
|
-35.34%
|
69.33%
|
50.39%
|
-20.42%
|
14.14%
|
0.86%
|
10.29%
|
-8.55%
|
10.2%
|
-2.06%
|
0.52%
|
-18.54%
|
38.46%
|
-9.03%
|
12.47%
|
-28.51%
|
31.65%
|
-12.26%
|
8.81%
|
-2.97%
|
18.53%
|
0.05%
|
18.17%
|
-24.4%
|
8.23%
|
3.87%
|
EBIT
1 |
318
|
142
|
52
|
161
|
274
|
216
|
252
|
256
|
281
|
260
|
291
|
285
|
274
|
220
|
331
|
294
|
339
|
228
|
326
|
264
|
270.3
|
276.4
|
335.5
|
349.3
|
468
|
-
|
-
|
-
|
Change
|
-
|
-55.35%
|
-63.38%
|
209.62%
|
70.19%
|
-21.17%
|
16.67%
|
1.59%
|
9.77%
|
-7.47%
|
11.92%
|
-2.06%
|
-3.86%
|
-19.71%
|
50.45%
|
-11.18%
|
15.31%
|
-32.74%
|
42.98%
|
-19.02%
|
2.38%
|
2.28%
|
21.34%
|
4.13%
|
33.97%
|
-100%
|
-
|
-
|
Charge d'intérêts
1 |
-36
|
-34
|
-37
|
-38
|
-36
|
-35
|
-32
|
-28
|
-29
|
-28
|
-28
|
-21
|
-17
|
-17
|
-16
|
-16
|
-13
|
-15
|
-20
|
-26
|
-27.75
|
-21
|
-21
|
-20
|
-19
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
210
|
69
|
-118
|
116
|
215
|
190
|
218
|
218
|
247
|
232
|
263
|
264
|
257
|
227
|
329
|
301
|
230
|
237
|
323
|
252
|
282.3
|
286.1
|
345.4
|
359.9
|
466
|
-
|
-
|
-
|
Change
|
-
|
-67.14%
|
-
|
-
|
85.34%
|
-11.63%
|
14.74%
|
0%
|
13.3%
|
-6.07%
|
13.36%
|
0.38%
|
-2.65%
|
-11.67%
|
44.93%
|
-8.51%
|
-23.59%
|
3.04%
|
36.29%
|
-21.98%
|
12.01%
|
1.36%
|
20.74%
|
4.18%
|
29.49%
|
-100%
|
-
|
-
|
Net income
1 |
199
|
50
|
-92
|
115
|
236
|
171
|
183
|
185
|
207
|
193
|
217
|
225
|
226
|
191
|
263
|
269
|
198
|
201
|
259
|
223
|
219.8
|
229
|
261
|
293
|
387
|
-
|
-
|
-
|
Change
|
-
|
-74.87%
|
-
|
-
|
105.22%
|
-27.54%
|
7.02%
|
1.09%
|
11.89%
|
-6.76%
|
12.44%
|
3.69%
|
0.44%
|
-15.49%
|
37.7%
|
2.28%
|
-26.39%
|
1.52%
|
28.86%
|
-13.9%
|
-1.43%
|
4.19%
|
13.97%
|
12.26%
|
32.08%
|
-100%
|
-
|
-
|
Announcement Date
|
1/29/20
|
4/30/20
|
7/30/20
|
10/29/20
|
1/27/21
|
4/29/21
|
7/29/21
|
10/28/21
|
1/27/22
|
4/28/22
|
7/28/22
|
10/27/22
|
1/25/23
|
4/27/23
|
7/27/23
|
10/26/23
|
1/24/24
|
4/25/24
|
7/18/24
|
10/24/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,943
|
1,561
|
1,263
|
1,219
|
1,405
|
2,089
|
2,067
|
2,018
|
Change
|
-
|
-19.66%
|
-19.09%
|
-3.48%
|
15.26%
|
48.68%
|
-1.05%
|
-2.37%
|
Announcement Date
|
1/29/20
|
1/27/21
|
1/27/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
339
|
317
|
375
|
354
|
402
|
388.7
|
426.5
|
448.8
|
Change
|
-
|
-6.49%
|
18.3%
|
-5.6%
|
13.56%
|
-3.31%
|
9.73%
|
5.22%
|
Free Cash Flow (FCF)
1 |
621
|
452
|
1,094
|
1,107
|
868
|
673.7
|
956.9
|
1,096
|
Change
|
-
|
-27.21%
|
142.04%
|
1.19%
|
-21.59%
|
-22.38%
|
42.04%
|
14.53%
|
Announcement Date
|
1/29/20
|
1/27/21
|
1/27/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
11.56%
|
8.75%
|
11.27%
|
11.71%
|
11.54%
|
11.33%
|
11.96%
|
12.5%
|
EBIT Margin (%)
|
8.51%
|
5.4%
|
8.12%
|
8.63%
|
8.65%
|
7.81%
|
9.15%
|
9.63%
|
EBT Margin (%)
|
6.91%
|
2.42%
|
7.05%
|
7.89%
|
7.94%
|
7.89%
|
9.24%
|
9.83%
|
Net margin (%)
|
5.98%
|
2.65%
|
6.02%
|
6.69%
|
6.73%
|
6.45%
|
7.39%
|
7.67%
|
FCF margin (%)
|
4.56%
|
3.88%
|
8.84%
|
8.6%
|
6.34%
|
4.86%
|
6.37%
|
7.03%
|
FCF / Net Income (%)
|
76.2%
|
146.28%
|
146.65%
|
128.57%
|
94.25%
|
75.36%
|
86.25%
|
91.58%
|
Profitability
| | | | | | | | |
---|
ROA
|
5.57%
|
2.03%
|
4.77%
|
5.36%
|
5.56%
|
5.7%
|
7.16%
|
7.65%
|
ROE
|
15.22%
|
5.44%
|
11.79%
|
12.36%
|
13.06%
|
15.19%
|
17.38%
|
17.75%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
1.23x
|
1.53x
|
0.91x
|
0.81x
|
0.89x
|
1.33x
|
1.15x
|
1.03x
|
Debt / Free cash flow
|
3.13x
|
3.45x
|
1.15x
|
1.1x
|
1.62x
|
3.1x
|
2.16x
|
1.84x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
2.49%
|
2.72%
|
3.03%
|
2.75%
|
2.94%
|
2.8%
|
2.84%
|
2.88%
|
CAPEX / EBITDA (%)
|
21.51%
|
31.08%
|
26.88%
|
23.49%
|
25.46%
|
24.73%
|
23.75%
|
23.01%
|
CAPEX / FCF (%)
|
54.59%
|
70.13%
|
34.28%
|
31.98%
|
46.31%
|
57.7%
|
44.57%
|
40.95%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
4.125
|
3.358
|
6.485
|
6.796
|
6.294
|
3.33
|
6.443
|
-
|
Change
|
-
|
-18.59%
|
93.1%
|
4.8%
|
-7.39%
|
-47.09%
|
93.5%
|
-
|
Dividend per Share
1 |
0.08
|
0.08
|
0.08
|
0.08
|
0.08
|
0.0717
|
0.0825
|
0.0971
|
Change
|
-
|
0%
|
0%
|
0%
|
0%
|
-10.35%
|
15.03%
|
17.75%
|
Book Value Per Share
1 |
24.21
|
25.81
|
31.42
|
34.5
|
36.22
|
37.56
|
40.36
|
43.3
|
Change
|
-
|
6.61%
|
21.74%
|
9.81%
|
4.98%
|
3.7%
|
7.46%
|
7.28%
|
EPS
1 |
3.5
|
1.35
|
3.293
|
4.01
|
4.57
|
4.669
|
6.004
|
6.716
|
Change
|
-
|
-61.43%
|
143.95%
|
21.76%
|
13.97%
|
2.17%
|
28.59%
|
11.87%
|
Nbr of stocks (in thousands)
|
228,263
|
228,875
|
220,425
|
208,771
|
196,005
|
185,512
|
185,512
|
185,512
|
Announcement Date
|
1/29/20
|
1/27/21
|
1/27/22
|
1/25/23
|
1/24/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
18.3x |
14.2x |
---|
PBR |
2.28x |
2.12x |
---|
EV / Sales |
1.29x |
1.19x |
---|
Yield |
0.08% |
0.1% |
---|
Last Close Price 85.46USD Average target price 99.67USD Spread / Average Target +16.62% Consensus |