| Price Target Consensus in EUR | Positive | Neutral | Negative |
|---|---|---|---|
| 12.70 | 5 | 4 | 1 |
| KPI | (in EUR m) | Q4 2022 E | FY 2022 E | FY 2023 E | FY 2024 E |
|---|---|---|---|---|---|
| Billings * | Number of Estimates | 10 | 10 | 9 | 8 |
| Billings * | Highest | 186.8 | 631.0 | 694.3 | 781.1 |
| Billings * | Consensus | 179.2 | 623.4 | 678.9 | 741.1 |
| Billings * | Median | 178.8 | 623.0 | 677.0 | 743.8 |
| Billings * | Lowest | 174.8 | 619.0 | 670.9 | 702.0 |
| Billings * | Last year results | 153.7 | 547.6 | ||
| Adj. EBITDA * | Number of Estimates | 10 | 10 | 9 | 8 |
| Adj. EBITDA * | Highest | 93.6 | 295.0 | 322.0 | 361.0 |
| Adj. EBITDA * | Consensus | 85.2 | 286.6 | 311.5 | 336.0 |
| Adj. EBITDA * | Median | 87.9 | 289.3 | 312.5 | 338.2 |
| Adj. EBITDA * | Lowest | 59.0 | 260.4 | 302.0 | 308.0 |
| Adj. EBITDA * | Last year results | 67.7 | 257.0 | ||
| Adj. EBIT ** | Number of Estimates | 7 | 7 | 6 | 6 |
| Adj. EBIT ** | Highest | 87.4 | 271.0 | 307.3 | 341.3 |
| Adj. EBIT ** | Consensus | 83.4 | 267.0 | 290.1 | 315.1 |
| Adj. EBIT ** | Median | 85.4 | 269.0 | 288.5 | 321.1 |
| Adj. EBIT ** | Lowest | 75.4 | 259.0 | 274.0 | 280.0 |
| Adj. EBIT ** | Last year results | 61.9 | 235.5 | ||
| Revenue | Number of Estimates | 11 | 11 | 10 | 9 |
| Revenue | Highest | 207.6 | 623.0 | 634.0 | 702.9 |
| Revenue | Consensus | 152.6 | 568.0 | 611.3 | 669.5 |
| Revenue | Median | 149.6 | 565.0 | 615.5 | 675.0 |
| Revenue | Lowest | 128.6 | 544.0 | 574.5 | 613.7 |
| Revenue | Last year results | 132.3 | 501.1 |
Consensus = average
* Billings and Adjusted EBITDA are primary performance indicators and are defined in the respective current annual report
** Adj. EBIT is calculated as adj. EBITDA less ordinary depreciation and amortization (excluding amortization of intangible assets resulting from PPA)
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.