Market Closed -
Euronext Lisbonne
11:35:28 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
4.148
EUR
|
-0.53%
|
|
+1.47%
|
+16.91%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,552
|
1,777
|
2,382
|
2,456
|
2,523
|
2,950
|
-
|
-
|
Enterprise Value (EV)
1 |
3,267
|
2,457
|
2,977
|
2,900
|
3,013
|
3,410
|
3,356
|
3,063
|
P/E ratio
|
15.1
x
|
16.2
x
|
13.9
x
|
6.26
x
|
-
|
11.9
x
|
12.2
x
|
9.22
x
|
Yield
|
7.78%
|
11.2%
|
6.3%
|
8.14%
|
5.94%
|
6.39%
|
6.11%
|
5.06%
|
Capitalization / Revenue
|
1.51
x
|
1.28
x
|
1.49
x
|
1
x
|
1.29
x
|
1.48
x
|
1.41
x
|
1.28
x
|
EV / Revenue
|
1.94
x
|
1.77
x
|
1.87
x
|
1.18
x
|
1.54
x
|
1.71
x
|
1.6
x
|
1.33
x
|
EV / EBITDA
|
8.78
x
|
8.6
x
|
8.39
x
|
3.94
x
|
6.01
x
|
6.48
x
|
6.31
x
|
4.59
x
|
EV / FCF
|
17.5
x
|
10.5
x
|
12.7
x
|
6.27
x
|
32.6
x
|
15.5
x
|
11.6
x
|
7.43
x
|
FCF Yield
|
5.7%
|
9.51%
|
7.88%
|
16%
|
3.06%
|
6.45%
|
8.59%
|
13.5%
|
Price to Book
|
1.72
x
|
1.2
x
|
2.28
x
|
1.95
x
|
-
|
2.13
x
|
2.09
x
|
-
|
Nbr of stocks (in thousands)
|
711,183
|
711,183
|
711,183
|
711,183
|
711,183
|
711,183
|
-
|
-
|
Reference price
2 |
3.588
|
2.498
|
3.350
|
3.454
|
3.548
|
4.148
|
4.148
|
4.148
|
Announcement Date
|
2/11/20
|
1/25/21
|
2/8/22
|
2/16/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,688
|
1,385
|
1,596
|
2,465
|
1,953
|
1,994
|
2,094
|
2,304
|
EBITDA
1 |
372.1
|
285.5
|
354.7
|
736.4
|
501.5
|
526
|
532
|
667
|
EBIT
1 |
233.6
|
140.4
|
229.6
|
573.5
|
366.4
|
387.7
|
392.5
|
531
|
Operating Margin
|
13.84%
|
10.14%
|
14.39%
|
23.27%
|
18.76%
|
19.44%
|
18.74%
|
23.05%
|
Earnings before Tax (EBT)
1 |
214.7
|
125.7
|
211.8
|
516.5
|
347
|
335
|
281
|
-
|
Net income
1 |
168.3
|
109.2
|
171.4
|
392.5
|
274.9
|
248.5
|
241.7
|
319
|
Net margin
|
9.97%
|
7.88%
|
10.74%
|
15.93%
|
14.07%
|
12.46%
|
11.54%
|
13.85%
|
EPS
2 |
0.2370
|
0.1540
|
0.2410
|
0.5520
|
-
|
0.3500
|
0.3400
|
0.4500
|
Free Cash Flow
1 |
186.2
|
233.5
|
234.7
|
462.6
|
92.3
|
220
|
288.2
|
412
|
FCF margin
|
11.03%
|
16.85%
|
14.71%
|
18.77%
|
4.73%
|
11.03%
|
13.76%
|
17.88%
|
FCF Conversion (EBITDA)
|
50.04%
|
81.79%
|
66.17%
|
62.82%
|
18.4%
|
41.83%
|
54.17%
|
61.77%
|
FCF Conversion (Net income)
|
110.64%
|
213.8%
|
136.92%
|
117.86%
|
33.58%
|
88.53%
|
119.26%
|
129.15%
|
Dividend per Share
2 |
0.2790
|
0.2790
|
0.2109
|
0.2812
|
0.2109
|
0.2650
|
0.2533
|
0.2100
|
Announcement Date
|
2/11/20
|
1/25/21
|
2/8/22
|
2/16/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
404.9
|
476.2
|
492.2
|
649.8
|
1,142
|
680.4
|
642.2
|
501.2
|
478.3
|
-
|
492.7
|
487
|
EBITDA
1 |
95.5
|
108.7
|
121.6
|
223
|
344.6
|
207.4
|
184.4
|
130.7
|
122.3
|
-
|
125
|
133
|
EBIT
|
66.1
|
72.8
|
89.39
|
183.6
|
-
|
165
|
135.5
|
99.25
|
88.4
|
-
|
88.7
|
-
|
Operating Margin
|
16.33%
|
15.29%
|
18.16%
|
28.25%
|
-
|
24.25%
|
21.1%
|
19.8%
|
18.48%
|
-
|
18%
|
-
|
Earnings before Tax (EBT)
|
63.48
|
67.76
|
84.68
|
143.2
|
-
|
149.9
|
288.6
|
96.57
|
82.59
|
82.76
|
85.12
|
-
|
Net income
|
49.83
|
57.17
|
50.6
|
111.3
|
161.9
|
108.6
|
122.1
|
71.68
|
65.76
|
63.31
|
74.2
|
-
|
Net margin
|
12.31%
|
12.01%
|
10.28%
|
17.13%
|
14.17%
|
15.96%
|
19.01%
|
14.3%
|
13.75%
|
-
|
15.06%
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
10/28/21
|
2/8/22
|
5/24/22
|
7/21/22
|
7/21/22
|
10/25/22
|
2/16/23
|
5/10/23
|
7/21/23
|
10/25/23
|
2/20/24
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
715
|
680
|
595
|
444
|
490
|
461
|
406
|
113
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.922
x
|
2.382
x
|
1.677
x
|
0.6027
x
|
0.9769
x
|
0.8755
x
|
0.7627
x
|
0.1694
x
|
Free Cash Flow
1 |
186
|
234
|
235
|
463
|
92.3
|
220
|
288
|
412
|
ROE (net income / shareholders' equity)
|
15.2%
|
10.6%
|
16.4%
|
34.1%
|
21.4%
|
18.4%
|
16.9%
|
19%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
6.75%
|
14.4%
|
9.61%
|
8.4%
|
7.1%
|
-
|
Assets
1 |
-
|
-
|
2,540
|
2,721
|
2,860
|
2,958
|
3,404
|
-
|
Book Value Per Share
2 |
2.080
|
2.080
|
1.470
|
1.770
|
-
|
1.950
|
1.980
|
-
|
Cash Flow per Share
2 |
0.4300
|
0.3600
|
0.5000
|
0.8800
|
-
|
0.4700
|
-
|
-
|
Capex
1 |
158
|
80.6
|
80.1
|
113
|
187
|
191
|
198
|
119
|
Capex / Sales
|
9.36%
|
5.82%
|
5.02%
|
4.56%
|
9.55%
|
9.6%
|
9.47%
|
5.16%
|
Announcement Date
|
2/11/20
|
1/25/21
|
2/8/22
|
2/16/23
|
2/20/24
|
-
|
-
|
-
|
Last Close Price
4.148
EUR Average target price
4.84
EUR Spread / Average Target +16.68% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.91% | 3.15B | | -3.17% | 18.78B | | +7.10% | 14.99B | | +5.03% | 10.18B | | -1.67% | 6.08B | | +8.82% | 4.88B | | +17.55% | 3.98B | | +63.21% | 2.67B | | +12.02% | 1.76B | | +15.48% | 1.52B |
Other Paper Products
|