Delayed
LIQUIDNET SYSTEMS
|
5-day change
|
1st Jan Change
|
- EUR
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,282
|
1,913
|
4,133
|
2,203
|
2,647
|
3,646
|
-
|
-
|
Enterprise Value (EV)
1 |
7,223
|
4,949
|
9,099
|
5,725
|
4,753
|
5,643
|
5,286
|
4,954
|
P/E ratio
|
15
x
|
-0.61
x
|
-1.46
x
|
-7.26
x
|
6.95
x
|
7.44
x
|
6.09
x
|
5.15
x
|
Yield
|
5.06%
|
-
|
-
|
-
|
-
|
-
|
-
|
2%
|
Capitalization / Revenue
|
0.33
x
|
0.24
x
|
0.87
x
|
0.13
x
|
0.13
x
|
0.16
x
|
0.16
x
|
0.15
x
|
EV / Revenue
|
0.38
x
|
0.62
x
|
1.92
x
|
0.35
x
|
0.23
x
|
0.25
x
|
0.23
x
|
0.2
x
|
EV / EBITDA
|
5.31
x
|
-3.06
x
|
-7.95
x
|
4.68
x
|
2.68
x
|
2.66
x
|
2.35
x
|
2.1
x
|
EV / FCF
|
56.5
x
|
-1.47
x
|
-20.2
x
|
3.67
x
|
4.89
x
|
12.7
x
|
7.92
x
|
7
x
|
FCF Yield
|
1.77%
|
-67.9%
|
-4.96%
|
27.3%
|
20.4%
|
7.86%
|
12.6%
|
14.3%
|
Price to Book
|
1.82
x
|
-4.27
x
|
-3.81
x
|
-14.3
x
|
2.36
x
|
1.9
x
|
1.42
x
|
1.08
x
|
Nbr of stocks (in thousands)
|
58,902
|
59,042
|
109,908
|
178,481
|
507,431
|
507,431
|
-
|
-
|
Reference price
2 |
106.6
|
32.40
|
37.60
|
12.34
|
5.216
|
7.186
|
7.186
|
7.186
|
Announcement Date
|
12/11/19
|
12/10/20
|
12/8/21
|
12/14/22
|
12/6/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
18,928
|
7,944
|
4,732
|
16,545
|
20,666
|
22,755
|
23,488
|
24,302
|
EBITDA
1 |
1,360
|
-1,615
|
-1,145
|
1,225
|
1,775
|
2,119
|
2,247
|
2,356
|
EBIT
1 |
768.4
|
-3,033
|
-2,076
|
408.7
|
977
|
1,272
|
1,383
|
1,481
|
Operating Margin
|
4.06%
|
-38.18%
|
-43.86%
|
2.47%
|
4.73%
|
5.59%
|
5.89%
|
6.09%
|
Earnings before Tax (EBT)
1 |
691.4
|
-3,203
|
-2,462
|
-145.9
|
551
|
841.7
|
967.1
|
1,108
|
Net income
1 |
416.2
|
-3,148
|
-2,467
|
-277.3
|
306
|
458.3
|
579.5
|
699
|
Net margin
|
2.2%
|
-39.63%
|
-52.13%
|
-1.68%
|
1.48%
|
2.01%
|
2.47%
|
2.88%
|
EPS
2 |
7.100
|
-53.40
|
-25.80
|
-1.700
|
0.7500
|
0.9660
|
1.180
|
1.396
|
Free Cash Flow
1 |
127.9
|
-3,359
|
-451
|
1,562
|
971.1
|
443.8
|
667.8
|
707.8
|
FCF margin
|
0.68%
|
-42.28%
|
-9.53%
|
9.44%
|
4.7%
|
1.95%
|
2.84%
|
2.91%
|
FCF Conversion (EBITDA)
|
9.41%
|
-
|
-
|
127.56%
|
54.71%
|
20.94%
|
29.72%
|
30.04%
|
FCF Conversion (Net income)
|
30.73%
|
-
|
-
|
-
|
317.35%
|
96.82%
|
115.25%
|
101.26%
|
Dividend per Share
2 |
5.400
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1440
|
Announcement Date
|
12/11/19
|
12/10/20
|
12/8/21
|
12/14/22
|
12/6/23
|
-
|
-
|
-
|
Fiscal Period: September |
2021 S1
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
---|
Net sales
1 |
716.3
|
2,369
|
2,128
|
4,498
|
4,433
|
7,614
|
3,750
|
3,153
|
6,903
|
5,286
|
8,476
|
4,302
|
3,650
|
7,952
|
5,683
|
8,947
|
4,371
|
3,726
|
5,733
|
EBITDA
1 |
-
|
-65.4
|
-
|
-
|
180.8
|
1,232
|
58.3
|
-42.9
|
-
|
366.6
|
1,393
|
208.5
|
15.6
|
-
|
429
|
1,458
|
238.9
|
43.34
|
523.5
|
EBIT
1 |
-1,309
|
-273.6
|
-329.9
|
-603.5
|
-27
|
1,039
|
-153
|
-242.4
|
-395.3
|
169.4
|
1,203
|
6
|
-188.7
|
-182.7
|
205.6
|
1,250
|
8.711
|
-202.9
|
284.4
|
Operating Margin
|
-182.72%
|
-11.55%
|
-15.5%
|
-13.42%
|
-0.61%
|
13.65%
|
-4.08%
|
-7.69%
|
-5.73%
|
3.2%
|
14.19%
|
0.14%
|
-5.17%
|
-2.3%
|
3.62%
|
13.97%
|
0.2%
|
-5.45%
|
4.96%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-103.1
|
-300
|
-
|
90.84
|
1,193
|
-107.2
|
-317.4
|
-
|
Net income
1 |
-
|
-384.3
|
-
|
-
|
-
|
799.4
|
-256.1
|
-364.3
|
-
|
22.6
|
904
|
-122.6
|
-294.2
|
-
|
60.3
|
746.3
|
-99.67
|
-297.5
|
107.8
|
Net margin
|
-
|
-16.22%
|
-
|
-
|
-
|
10.5%
|
-6.83%
|
-11.55%
|
-
|
0.43%
|
10.67%
|
-2.85%
|
-8.06%
|
-
|
1.06%
|
8.34%
|
-2.28%
|
-7.98%
|
1.88%
|
EPS
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.637
|
1.637
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
5/12/21
|
2/8/22
|
5/11/22
|
5/11/22
|
8/10/22
|
12/14/22
|
2/14/23
|
5/10/23
|
5/10/23
|
8/9/23
|
12/6/23
|
2/14/24
|
5/14/24
|
5/14/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
941
|
3,036
|
4,966
|
3,522
|
2,106
|
1,997
|
1,640
|
1,308
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6919
x
|
-1.88
x
|
-4.337
x
|
2.876
x
|
1.187
x
|
0.9422
x
|
0.7299
x
|
0.5551
x
|
Free Cash Flow
1 |
128
|
-3,359
|
-451
|
1,562
|
971
|
444
|
668
|
708
|
ROE (net income / shareholders' equity)
|
11.7%
|
-209%
|
-
|
-
|
62.4%
|
41.8%
|
34.5%
|
28.6%
|
ROA (Net income/ Total Assets)
|
2.61%
|
-20%
|
-16.7%
|
-1.89%
|
1.95%
|
3.7%
|
4.1%
|
4.45%
|
Assets
1 |
15,931
|
15,780
|
14,748
|
14,706
|
15,704
|
12,394
|
14,118
|
15,698
|
Book Value Per Share
2 |
58.60
|
-7.590
|
-9.880
|
-0.8700
|
2.210
|
3.790
|
5.070
|
6.680
|
Cash Flow per Share
2 |
19.00
|
-47.10
|
-1.590
|
12.70
|
4.030
|
2.890
|
2.520
|
2.850
|
Capex
1 |
987
|
587
|
300
|
516
|
666
|
638
|
685
|
697
|
Capex / Sales
|
5.21%
|
7.39%
|
6.33%
|
3.12%
|
3.22%
|
2.8%
|
2.91%
|
2.87%
|
Announcement Date
|
12/11/19
|
12/10/20
|
12/8/21
|
12/14/22
|
12/6/23
|
-
|
-
|
-
|
Last Close Price
7.186
EUR Average target price
10.6
EUR Spread / Average Target +47.51% Consensus |
1st Jan change
|
Capi.
|
---|
| -15.75% | 2.85B | | -1.98% | 2.01B | | +41.22% | 1.36B | | -30.02% | 1B | | +9.10% | 979M | | -9.70% | 858M | | +6.52% | 815M | | +25.31% | 808M | | +23.42% | 715M |
Other Leisure & Recreation
|