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股息
財報
模型
財務狀況
比較
穩健度
圖表
盈利能力價值
股價
87.00
EUR
公允價值
74.74
EUR
Metrics
Range
Conclusion
Adjusted Earnings
534.1 M - 958.3 M
727.2 M
Discount Rate
10.3% - 8.3%
9.3%
Fair Value
€44.20 - €117.99
€74.74
Upside
-49.2% - 35.6%
-14.1%
10.1%
Normalized EBIT Margin
5.6%
Normalized CapEx as % of Revenue
28.0%
Normalized Tax Rate
Earnings Power Value
分享
儲存
股價
87.00
EUR
公允價值
74.74
EUR
看漲
-14.1%
Adj EBIT Margin
Normalized EBIT Margin
Normalized Tax Rate
CapEx
Adj Earnings
Fair Value
Estimate Adjusted EBIT Margin
Fiscal Year Ending
LTM
Dec-20
Dec-21
Dec-22
Dec-23
Dec-24
Mar-25
(USD in millions)
FY-4
FY-3
FY-2
FY-1
FY
LTM
Revenue
7,447
8,230
8,842
10,475
10,390
10,353
Adjusted EBITDA Build-up
EBT, Incl. Unusual Items
291
614
603
612
874
933
(+) Net Interest Expense
68
56
54
80
95
97
(+) Other Non Operating Exp.
10
2
1
(14)
(13)
(15)
(+) D&A
371
394
363
378
387
386
(+) Non-recurring Items
99
8
13
429
37
37
Adjusted EBITDA
839
1,074
1,034
1,485
1,380
1,438
(-) D&A
(371)
(394)
(363)
(378)
(387)
(386)
Adjusted EBIT
468
680
671
1,107
993
1,052
% of Revenue
6.3%
8.3%
7.6%
10.6%
9.6%
10.2%
Low
Median
High
Adjusted EBIT Margin
6.3%
8.3%
10.6%
支援算式
Equity Waterfall
Equity Waterfall
Model
(USD in millions)
Low
Mid
High
Market
Enterprise Value
5,211
7,862
11,616
8,926
(+) Cash & Short Term Investments
322
322
322
322
(+) Investments & Other
581
581
581
581
(-) Debt
(2,267)
(2,267)
(2,267)
(2,267)
(-) Other Liabilities
(10)
(10)
(10)
(10)
(-) Preferred Stock
0
0
0
0
(-) Other
0
0
0
0
Value of Common Equity
3,837
6,488
10,242
7,552
(/) Shares Outstanding
77.3
77.3
77.3
77.3
Implied Stock Price (USD)
49.63
83.92
132.48
97.69
FX Rate: USD/EUR
1.12
1.12
1.12
1.12
Implied Stock Price (EUR)
44.20
74.74
117.99
87.00
Upside / (Downside)
-49.19%
-14.09%
35.62%
Stock Price
87.00
Stock Price Close
87.00
Restatment Type
Original
Reporting Currency
USD
Trading Currency
EUR
FX Rate: USD/EUR
1.12
Market Cap
6,744.4
Shares Outstanding
77.3
Share Exchange Ratio
1.0
Liquid Long-term Investments
0
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