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Applus Services, S.A. (APPS.MC)
Key financial summary
Financials in EUR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | €m | 1,676 | 1,778 | 1,558 | 1,777 | 2,050 | 2,058 | 2,151 |
| Operating profit | €m | 110 | 135 | |||||
| Net profit | €m | 41 | 77 | -141 | 50 | 49 | 20 | -7 |
| EPS reported | € | 0.16 | -0.05 | |||||
| Operating cashflow per share | € | 2.51 | 2.51 | |||||
| Capex per share | € | 0.61 | 0.61 | |||||
| FCF per share | € | 1.90 | 1.90 | |||||
| Free cash flow | €m | 245 | 214 | |||||
| Net debt | €m | 674 | 683 | |||||
| Book value equity | €m | 541 | 542 | |||||
| Book value per share | € | 4.16 | 4.20 | |||||
| Number of shares | m | 129.84 | 129.07 | |||||
| DPS (TTM paid) | € | 0.16 | 0.00 |
Financial summary
Financials in EUR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 62.50 | - | |||||
| P/B LTM | x | 2.39 | 3.03 | |||||
| P/S LTM | x | 0.63 | 0.76 | |||||
| P/FCF LTM | x | 5.27 | 7.66 | |||||
| EV/EBITDA LTM | x | 7.35 | 8.41 | |||||
| EV/Sales LTM | x | 1.05 | 1.08 | |||||
| Earnings Yield LTM | % | 1.60% | 1.23% | |||||
| FCF Yield | % | 18.97% | 13.06% | |||||
| Quality | ||||||||
| ROE | % | 3.74% | 3.52% | |||||
| ROIC | % | 3.36% | 3.36% | |||||
| Operating margin | % | 5.35% | 5.35% | |||||
| Gross margin | % | 34.96% | 34.96% | |||||
| FCF/Sales | % | 11.88% | 11.88% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -55.56% | - | |||||
| Sales Growth YoY | % | +0.39% | +4.23% | |||||
| Net Income Growth YoY | % | -58.45% | - | |||||
| FCF Growth | % | +33.69% | +27.82% | |||||
| Operating Profit Growth | % | -12.10% | -5.43% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 1.60% | 0.00% | |||||
| Dividend Growth | % | +6.67% | - | |||||
| Payout Ratio | % | 102.16% | 1.02% | |||||
| FCF/Debt | x | 0.23 | 0.21 | |||||
| Net Debt/EBITDA | x | 2.96 | 2.96 | |||||
| EBIT/Net interest | x | 2.51 | 2.51 | |||||
| Net debt/market cap | % | 52.27% | 41.67% | |||||
| Net debt/Equity | x | 1.25 | 1.26 | |||||
| Gross debt/equity | x | 1.99 | 1.90 | |||||
Company overview
Applus Services, S.A. offers a comprehensive range of testing, inspection, and certification solutions, operating through four distinct business divisions. Its Applus+ Energy & Industry segment delivers services such as non-destructive testing, quality assurance, accreditation, project oversight, and both supplier and facility inspections, in addition to asset certification and integrity assessments. This division also provides skilled staffing for industries including oil and gas, aviation, energy, mining, telecommunications, and construction. The Applus+ Laboratories segment focuses on diverse laboratory testing, system certification, and product development initiatives for sectors spanning aerospace, industrial applications, and electronic payment systems. The Applus+ Automotive division conducts mandatory vehicle roadworthiness assessments and ensures compliance with applicable safety and emissions standards across various nations. Lastly, the Applus+ IDIADA segment provides specialized design, engineering, testing, and certification services, primarily catering to car manufacturers. The company boasts an extensive global footprint, with operations spanning Spain, the rest of Europe, North America (United States and Canada), the Asia Pacific region, the Middle East, Africa, and Latin America. Headquartered in Madrid, Spain, Applus Services, S.A. was established in 1996 and adopted its current name in March 2014, having previously been known as Applus Technologies Holding, S.L.
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Applus Services, S.A. (APPS.MC)
Applus Services, S.A. offers a comprehensive range of testing, inspection, and certification solutions, operating through four distinct business divisions. Its Applus+ Energy & Industry segment delivers services such as non-destructive testing, quality assurance, accreditation, project oversight, and both supplier and facility inspections, in addition to asset certification and integrity assessments. This division also provides skilled staffing for industries including oil and gas, aviation, energy, mining, telecommunications, and construction. The Applus+ Laboratories segment focuses on diverse laboratory testing, system certification, and product development initiatives for sectors spanning aerospace, industrial applications, and electronic payment systems. The Applus+ Automotive division conducts mandatory vehicle roadworthiness assessments and ensures compliance with applicable safety and emissions standards across various nations. Lastly, the Applus+ IDIADA segment provides specialized design, engineering, testing, and certification services, primarily catering to car manufacturers. The company boasts an extensive global footprint, with operations spanning Spain, the rest of Europe, North America (United States and Canada), the Asia Pacific region, the Middle East, Africa, and Latin America. Headquartered in Madrid, Spain, Applus Services, S.A. was established in 1996 and adopted its current name in March 2014, having previously been known as Applus Technologies Holding, S.L.
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