SAF Holland Consensus Estimates
Consensus as of: 2023-08-18

KPI[EUR m]FY 2022FY 2023 EFY 2024 EFY 2025 E
SalesNumber of Estimates555
SalesConsensus (Mean)1,565.12,049.02,021.82,120.7
Reported EBITNumber of Estimates555
Reported EBITHighest152.0153.9170.3
Reported EBITConsensus (Mean)101.5148.2142.2157.4
Reported EBITMedian147.1142.4161.4
Reported EBITLowest144.4128.0138.2
Total adjustments (incl. PPA amortisation)Number of Estimates555
Total adjustments (incl. PPA amortisation)Highest36.531.031.0
Total adjustments (incl. PPA amortisation)Consensus (Mean)23.133.325.425.1
Total adjustments (incl. PPA amortisation)Median33.427.724.4
Total adjustments (incl. PPA amortisation)Lowest29.618.518.5
Adjusted EBITNumber of Estimates555
Adjusted EBITHighest183.6180.4197.1
Adjusted EBITConsensus (Mean)124.6181.5167.6182.5
Adjusted EBITMedian181.6170.2189.0
Adjusted EBITLowest177.8155.6156.7
Adjusted EBIT margin in %Number of Estimates555
Adjusted EBIT margin in %Highest9.08.99.2
Adjusted EBIT margin in %Consensus (Mean)
Adjusted EBIT margin in %Median8.88.38.7
Adjusted EBIT margin in %Lowest8.77.88.0
Finance resultNumber of Estimates555
Finance resultHighest-34.0-23.0-21.8
Finance resultConsensus (Mean)-13.0-35.0-28.5-27.2
Finance resultMedian-35.3-26.7-23.0
Finance resultLowest-35.5-35.0-35.0
Earnings before taxesNumber of Estimates555
Earnings before taxesHighest118.0127.2148.5
Earnings before taxesConsensus (Mean)88.5113.1113.7130.2
Earnings before taxesMedian111.8113.5128.0
Earnings before taxesLowest109.3105.0116.3
Tax rate in %Number of Estimates555
Tax rate in %Highest33.131.231.2
Tax rate in %Consensus (Mean)30.831.930.330.2
Tax rate in %Median31.930.030.0
Tax rate in %Lowest30.929.528.9
Result for the periodNumber of Estimates555
Result for the periodHighest79.089.1103.9
Result for the periodConsensus (Mean)
Result for the periodMedian76.978.491.0
Result for the periodLowest75.374.080.3
Earnings per share (in EUR)Number of Estimates555
Earnings per share (in EUR)Highest1.751.962.29
Earnings per share (in EUR)Consensus (Mean)1.351.701.742.00
Earnings per share (in EUR)Median1.691.722.00
Earnings per share (in EUR)Lowest1.651.631.76
Adjusted earnings per share (in EUR)Number of Estimates555
Adjusted earnings per share (in EUR)Highest2.292.432.79
Adjusted earnings per share (in EUR)Consensus (Mean)1.822.232.182.45
Adjusted earnings per share (in EUR)Median2.212.062.37
Adjusted earnings per share (in EUR)Lowest2.192.042.08
Dividend per share (in EUR)Number of Estimates555
Dividend per share (in EUR)Highest0.780.881.03
Dividend per share (in EUR)Consensus (Mean)0.600.710.730.84
Dividend per share (in EUR)Median0.700.740.87
Dividend per share (in EUR)Lowest0.600.600.60

Please note:

The consensus estimates are including Haldex (consolidation period between 21st of February and 31st of December 2023)

Company definitions:


This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.