Real-time Estimate
Tradegate
10:34:33 2024-05-07 am EDT
|
5-day change
|
1st Jan Change
|
126.2
EUR
|
-0.83%
|
|
-4.00%
|
+7.79%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
30,467
|
32,749
|
40,704
|
36,079
|
36,625
|
38,312
|
-
|
-
|
Enterprise Value (EV)
1 |
40,424
|
42,744
|
51,464
|
47,563
|
47,308
|
48,860
|
48,805
|
48,696
|
P/E ratio
|
24.3
x
|
36.9
x
|
26.7
x
|
28
x
|
23.4
x
|
24.1
x
|
21.3
x
|
18.6
x
|
Yield
|
1.67%
|
1.73%
|
1.44%
|
1.78%
|
1.85%
|
1.96%
|
2.06%
|
2.35%
|
Capitalization / Revenue
|
5.44
x
|
5.79
x
|
6.18
x
|
5.27
x
|
5.18
x
|
4.97
x
|
4.63
x
|
4.31
x
|
EV / Revenue
|
7.22
x
|
7.56
x
|
7.82
x
|
6.95
x
|
6.69
x
|
6.34
x
|
5.9
x
|
5.48
x
|
EV / EBITDA
|
19.7
x
|
22.3
x
|
22.4
x
|
20.7
x
|
18.5
x
|
18
x
|
16.5
x
|
15.2
x
|
EV / FCF
|
36.1
x
|
37.3
x
|
34.9
x
|
41.4
x
|
35.9
x
|
29.4
x
|
26.5
x
|
26.6
x
|
FCF Yield
|
2.77%
|
2.68%
|
2.87%
|
2.41%
|
2.79%
|
3.4%
|
3.78%
|
3.76%
|
Price to Book
|
-3.77
x
|
-4.22
x
|
-5.01
x
|
-4.04
x
|
-4.67
x
|
-5.06
x
|
-5.12
x
|
-4.8
x
|
Nbr of stocks (in thousands)
|
302,462
|
301,668
|
293,133
|
281,688
|
280,308
|
281,336
|
-
|
-
|
Reference price
2 |
100.7
|
108.6
|
138.9
|
128.1
|
130.7
|
136.2
|
136.2
|
136.2
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,597
|
5,652
|
6,584
|
6,842
|
7,076
|
7,709
|
8,273
|
8,882
|
EBITDA
1 |
2,053
|
1,916
|
2,294
|
2,295
|
2,559
|
2,718
|
2,955
|
3,208
|
EBIT
1 |
1,941
|
1,770
|
2,130
|
2,149
|
2,406
|
2,550
|
2,770
|
3,021
|
Operating Margin
|
34.68%
|
31.32%
|
32.35%
|
31.41%
|
34%
|
33.08%
|
33.49%
|
34.01%
|
Earnings before Tax (EBT)
1 |
1,373
|
1,020
|
1,674
|
1,662
|
1,818
|
2,035
|
2,277
|
2,487
|
Net income
1 |
1,294
|
904
|
1,575
|
1,325
|
1,597
|
1,610
|
1,789
|
1,951
|
Net margin
|
23.12%
|
15.99%
|
23.92%
|
19.37%
|
22.57%
|
20.89%
|
21.63%
|
21.96%
|
EPS
2 |
4.140
|
2.940
|
5.210
|
4.570
|
5.590
|
5.651
|
6.401
|
7.336
|
Free Cash Flow
1 |
1,119
|
1,145
|
1,476
|
1,148
|
1,318
|
1,662
|
1,843
|
1,830
|
FCF margin
|
19.99%
|
20.26%
|
22.42%
|
16.78%
|
18.63%
|
21.55%
|
22.28%
|
20.6%
|
FCF Conversion (EBITDA)
|
54.51%
|
59.76%
|
64.34%
|
50.02%
|
51.5%
|
61.12%
|
62.37%
|
57.05%
|
FCF Conversion (Net income)
|
86.48%
|
126.66%
|
93.71%
|
86.64%
|
82.53%
|
103.18%
|
103.01%
|
93.8%
|
Dividend per Share
2 |
1.680
|
1.880
|
2.000
|
2.280
|
2.420
|
2.670
|
2.810
|
3.203
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Fiscal Period: December |
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 S1
|
---|
Net sales
1 |
1,606
|
1,890
|
1,547
|
1,636
|
1,640
|
2,019
|
1,645
|
1,687
|
1,708
|
2,036
|
1,598
|
1,808
|
1,917
|
2,383
|
1,804
|
440,467
|
EBITDA
1 |
569
|
541
|
536
|
597
|
564
|
621
|
582
|
643
|
656
|
678
|
590
|
651.2
|
697.1
|
799.8
|
637
|
-
|
EBIT
1 |
530
|
494
|
499
|
549
|
531
|
579
|
553
|
605
|
619
|
629
|
555
|
608.5
|
653.1
|
749.5
|
594
|
-
|
Operating Margin
|
33%
|
26.14%
|
32.26%
|
33.56%
|
32.38%
|
28.68%
|
33.62%
|
35.86%
|
36.24%
|
30.89%
|
34.73%
|
33.66%
|
34.07%
|
31.45%
|
32.93%
|
-
|
Earnings before Tax (EBT)
1 |
451
|
407
|
398
|
390
|
447
|
427
|
371
|
478
|
505
|
464
|
383
|
489.3
|
531.4
|
617.5
|
487.1
|
-
|
Net income
1 |
528
|
330
|
399
|
224
|
331
|
371
|
300
|
418
|
416
|
463
|
314
|
383.2
|
413.3
|
483.7
|
386.6
|
-
|
Net margin
|
32.88%
|
17.46%
|
25.79%
|
13.69%
|
20.18%
|
18.38%
|
18.24%
|
24.78%
|
24.36%
|
22.74%
|
19.65%
|
21.2%
|
21.56%
|
20.3%
|
21.43%
|
-
|
EPS
2 |
1.750
|
1.110
|
1.360
|
0.7700
|
1.140
|
1.290
|
1.050
|
1.460
|
1.460
|
1.620
|
1.100
|
1.344
|
1.458
|
1.718
|
1.370
|
-
|
Dividend per Share
2 |
0.5000
|
0.5000
|
0.5700
|
0.5700
|
0.5700
|
0.5700
|
0.6050
|
0.6050
|
0.6050
|
0.6050
|
0.6700
|
0.6690
|
0.5350
|
0.8030
|
0.7256
|
-
|
Announcement Date
|
10/28/21
|
2/9/22
|
5/4/22
|
8/3/22
|
11/2/22
|
2/8/23
|
5/3/23
|
8/2/23
|
11/1/23
|
2/7/24
|
5/1/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,957
|
9,995
|
10,760
|
11,484
|
10,683
|
10,547
|
10,492
|
10,384
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.85
x
|
5.217
x
|
4.69
x
|
5.004
x
|
4.175
x
|
3.88
x
|
3.551
x
|
3.237
x
|
Free Cash Flow
1 |
1,119
|
1,145
|
1,476
|
1,148
|
1,318
|
1,662
|
1,843
|
1,830
|
ROE (net income / shareholders' equity)
|
-
|
-14%
|
-
|
-
|
-
|
-
|
-
|
-
|
ROA (Net income/ Total Assets)
|
27.6%
|
16.3%
|
26.7%
|
22.4%
|
26.4%
|
26.6%
|
26.4%
|
25.2%
|
Assets
1 |
4,688
|
5,541
|
5,910
|
5,907
|
6,038
|
6,059
|
6,767
|
7,731
|
Book Value Per Share
2 |
-26.70
|
-25.70
|
-27.70
|
-31.70
|
-28.00
|
-26.90
|
-26.60
|
-28.40
|
Cash Flow per Share
2 |
4.200
|
4.250
|
5.650
|
4.920
|
5.620
|
6.780
|
7.500
|
8.680
|
Capex
1 |
196
|
160
|
230
|
279
|
285
|
285
|
300
|
303
|
Capex / Sales
|
3.5%
|
2.83%
|
3.49%
|
4.08%
|
4.03%
|
3.69%
|
3.63%
|
3.41%
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/9/22
|
2/8/23
|
2/7/24
|
-
|
-
|
-
|
Last Close Price
136.2
USD Average target price
144.9
USD Spread / Average Target +6.38% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.16% | 194B | | +39.62% | 87.87B | | -0.36% | 25.29B | | -4.31% | 23.84B | | +25.90% | 18.2B | | -11.85% | 14.71B | | 0.00% | 7.45B | | +13.09% | 6.02B | | +44.25% | 4.19B |
Quick Service Restaurants
|