Financials Van Lanschot Kempen N.V

Equities

VLK

NL0000302636

Investment Management & Fund Operators

Market Closed - Euronext Amsterdam 11:35:01 2024-04-26 am EDT 5-day change 1st Jan Change
33.05 EUR +2.96% Intraday chart for Van Lanschot Kempen N.V +2.32% +17.41%

Valuation

Fiscal Period: December 2021 2022 2024 2025 2026
Capitalization 1 909.9 881.4 1,397 - -
Enterprise Value (EV) 1 909.9 881.4 1,397 1,397 1,397
P/E ratio 6.57 x 11.5 x 12.2 x 11.2 x 10.8 x
Yield 9.09% 7.99% 7.93% 6.07% 6.34%
Capitalization / Revenue 1.53 x 1.47 x 2.06 x 2 x 1.94 x
EV / Revenue 1.53 x 1.47 x 2.06 x 2 x 1.94 x
EV / EBITDA - - - - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - - 1.15 x 1.1 x 1.06 x
Nbr of stocks (in thousands) 41,360 40,247 42,262 - -
Reference price 2 22.00 21.90 33.05 33.05 33.05
Announcement Date 2/24/22 2/23/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 594.7 599.7 - 676.4 699.7 720.9
EBITDA - - - - - - -
EBIT 1 - 173.5 146.6 - 165 164 168
Operating Margin - 29.17% 24.45% - 24.39% 23.44% 23.3%
Earnings before Tax (EBT) 1 - 178.5 - - 155.4 168.2 177.2
Net income 1 43.01 143.8 84.3 125.2 114.7 123 128.7
Net margin - 24.18% 14.06% - 16.96% 17.59% 17.85%
EPS 2 1.050 3.350 1.900 - 2.705 2.955 3.050
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 2.000 1.750 - 2.620 2.005 2.095
Announcement Date 2/25/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2024 S1 2024 S2
Net sales 1 269.3 325.4 293.1 306.6 315.7 337.5 342.9
EBITDA - - - - - - -
EBIT 68.8 104.7 69.5 77.1 73.4 - -
Operating Margin 25.55% 32.18% 23.71% 25.15% 23.25% - -
Earnings before Tax (EBT) 1 74 104.5 60.6 - 71.3 78.2 81.5
Net income 1 58.3 85.5 - - 48.4 56 57.6
Net margin 21.65% 26.28% - - 15.33% 16.59% 16.8%
EPS 2 1.339 2.010 1.112 - 1.170 1.360 1.400
Dividend per Share - 2.000 - 1.750 - - -
Announcement Date 8/26/21 2/24/22 8/25/22 2/23/23 8/24/23 - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 12.5% 6.04% - 8.95% 9.35% 9.9%
ROA (Net income/ Total Assets) - 0.87% 0.51% - 0.67% 0.67% 0.69%
Assets 1 - 16,510 16,663 - 17,122 18,366 18,646
Book Value Per Share 2 - - - - 28.90 30.10 31.20
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/25/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
33.05 EUR
Average target price
34.25 EUR
Spread / Average Target
+3.63%
Consensus
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  4. Financials Van Lanschot Kempen N.V