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Grupo Catalana Occidente
Buy, Hold or Sell?

Let's analyse Grupo Catalana Occidente together

PenkeI guess you are interested in Grupo Catalana Occidente. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Grupo Catalana Occidente. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Grupo Catalana Occidente (30 sec.)










What can you expect buying and holding a share of Grupo Catalana Occidente? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨4.62
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨47.59
Expected worth in 1 year
‚ā¨96.18
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨52.88
Return On Investment
140.5%

For what price can you sell your share?

Current Price per Share
‚ā¨37.65
Expected price per share
‚ā¨35.22 - ‚ā¨39.30
How sure are you?
50%

1. Valuation of Grupo Catalana Occidente (5 min.)




Live pricePrice per Share (EOD)

‚ā¨37.65

Intrinsic Value Per Share

‚ā¨35.86 - ‚ā¨63.52

Total Value Per Share

‚ā¨83.44 - ‚ā¨111.10

2. Growth of Grupo Catalana Occidente (5 min.)




Is Grupo Catalana Occidente growing?

Current yearPrevious yearGrowGrow %
How rich?$6b$4.5b$1.5b25.5%

How much money is Grupo Catalana Occidente making?

Current yearPrevious yearGrowGrow %
Making money$625.1m$523.8m$101.2m16.2%
Net Profit Margin12.3%10.8%--

How much money comes from the company's main activities?

3. Financial Health of Grupo Catalana Occidente (5 min.)




What can you expect buying and holding a share of Grupo Catalana Occidente? (5 min.)

Welcome investor! Grupo Catalana Occidente's management wants to use your money to grow the business. In return you get a share of Grupo Catalana Occidente.

What can you expect buying and holding a share of Grupo Catalana Occidente?

First you should know what it really means to hold a share of Grupo Catalana Occidente. And how you can make/lose money.

Speculation

The Price per Share of Grupo Catalana Occidente is ‚ā¨37.65. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Grupo Catalana Occidente.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Grupo Catalana Occidente, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨47.59. Based on the TTM, the Book Value Change Per Share is ‚ā¨12.15 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨-2.46 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨1.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grupo Catalana Occidente.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps5.3014.1%5.3014.1%4.4411.8%3.9110.4%3.318.8%
Usd Book Value Change Per Share13.0834.7%13.0834.7%-2.65-7.0%4.4011.7%3.328.8%
Usd Dividend Per Share1.163.1%1.163.1%1.062.8%0.972.6%0.872.3%
Usd Total Gains Per Share14.2337.8%14.2337.8%-1.58-4.2%5.3714.3%4.1811.1%
Usd Price Per Share33.27-33.27-31.82-32.46-33.10-
Price to Earnings Ratio6.28-6.28-7.17-8.88-10.69-
Price-to-Total Gains Ratio2.34-2.34--20.08-2.63-7.69-
Price to Book Ratio0.65-0.65-0.83-0.82-1.06-
Price-to-Total Gains Ratio2.34-2.34--20.08-2.63-7.69-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share40.537755
Number of shares24
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.160.97
Usd Book Value Change Per Share13.084.40
Usd Total Gains Per Share14.235.37
Gains per Quarter (24 shares)341.62128.97
Gains per Year (24 shares)1,366.50515.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11111256135693423506
2222251127221878451022
33333767408828012681538
44445022545437316902054
55556278682046721132570
66657534818656025353086
77768789955265329583602
8887100451091874733804118
9998113001228484038034634
101109125561365093442255150

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%17.03.00.085.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%18.02.00.090.0%

Fundamentals of Grupo Catalana Occidente

About Grupo Catalana Occidente

Grupo Catalana Occidente, S.A., together with its subsidiaries, provides insurance products and services worldwide. The company operates through Traditional Business and Credit Insurance Business segments. The company offers multi-risk products and services related to family home, retail, blocks of flats, offices, and SMEs; life insurance products, such as risk, savings, pension plans, and investment funds, as well as funeral and health insurance; machinery breakdown; electrical equipment; and motor body insurance. It also provides other insurance products, such as industrial products, accidents, transport, and third-party and civil liability; and credit and surety insurance, as well as reinsurance. In addition, the company is also involved in the real estate development business; stock broking business; tele-marketing; mortgage credit; and auxiliary insurance service. It markets its products primarily under the Seguros Catalana Occidente, Plus Ultra Seguros, Seguros Bilbao, NorteHispana Seguros, Crédito y Caución, Atradius, and Atradius Re brands. The company was formerly known as Catalana Occidente, Sociedad Anónima de Seguros y Reaseguros and changed its name to Grupo Catalana Occidente, S.A. in 2001. The company was incorporated in 1864 and is headquartered in Madrid, Spain.

Fundamental data was last updated by Penke on 2024-05-29 21:07:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Grupo Catalana Occidente.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Grupo Catalana Occidente earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • A Net Profit Margin of 12.3%¬†means that¬†€0.12 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grupo Catalana Occidente:

  • The MRQ is 12.3%. The company is making a huge profit. +2
  • The TTM is 12.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.3%TTM12.3%0.0%
TTM12.3%YOY10.8%+1.5%
TTM12.3%5Y9.7%+2.6%
5Y9.7%10Y9.0%+0.7%
1.1.2. Return on Assets

Shows how efficient Grupo Catalana Occidente is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • 3.4% Return on Assets means that¬†Grupo Catalana Occidente generated¬†€0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grupo Catalana Occidente:

  • The MRQ is 3.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY2.7%+0.7%
TTM3.4%5Y2.5%+1.0%
5Y2.5%10Y2.3%+0.1%
1.1.3. Return on Equity

Shows how efficient Grupo Catalana Occidente is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • 11.4% Return on Equity means Grupo Catalana Occidente generated €0.11¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grupo Catalana Occidente:

  • The MRQ is 11.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.4%TTM11.4%0.0%
TTM11.4%YOY12.9%-1.5%
TTM11.4%5Y10.6%+0.7%
5Y10.6%10Y11.2%-0.5%

1.2. Operating Efficiency of Grupo Catalana Occidente.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grupo Catalana Occidente is operating .

  • Measures how much profit Grupo Catalana Occidente makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grupo Catalana Occidente:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY12.5%-12.5%
TTM-5Y5.6%-5.6%
5Y5.6%10Y9.0%-3.4%
1.2.2. Operating Ratio

Measures how efficient Grupo Catalana Occidente is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Insurance - Diversified industry mean).
  • An Operation Ratio of 0.33 means that the operating costs are €0.33 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Grupo Catalana Occidente:

  • The MRQ is 0.331. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.331. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.331TTM0.3310.000
TTM0.331YOY-0.875+1.206
TTM0.3315Y-0.557+0.888
5Y-0.55710Y-0.419-0.138

1.3. Liquidity of Grupo Catalana Occidente.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Grupo Catalana Occidente is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Insurance - Diversified industry mean).
  • A Current Ratio of 0.26¬†means the company has €0.26 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Grupo Catalana Occidente:

  • The MRQ is 0.257. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.257. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.257TTM0.2570.000
TTM0.257YOY12.850-12.594
TTM0.2575Y11.341-11.084
5Y11.34110Y12.063-0.722
1.3.2. Quick Ratio

Measures if Grupo Catalana Occidente is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • A Quick Ratio of 0.19¬†means the company can pay off €0.19 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grupo Catalana Occidente:

  • The MRQ is 0.187. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.187. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.187TTM0.1870.000
TTM0.187YOY21.815-21.628
TTM0.1875Y20.442-20.255
5Y20.44210Y23.055-2.614

1.4. Solvency of Grupo Catalana Occidente.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Grupo Catalana Occidente assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Grupo Catalana Occidente to Insurance - Diversified industry mean.
  • A Debt to Asset Ratio of 0.67¬†means that Grupo Catalana Occidente assets are¬†financed with 66.6% credit (debt) and the remaining percentage (100% - 66.6%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Grupo Catalana Occidente:

  • The MRQ is 0.666. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.666. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.666TTM0.6660.000
TTM0.666YOY0.767-0.101
TTM0.6665Y0.746-0.080
5Y0.74610Y0.768-0.022
1.4.2. Debt to Equity Ratio

Measures if Grupo Catalana Occidente is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • A Debt to Equity ratio of 219.9% means that company has €2.20 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grupo Catalana Occidente:

  • The MRQ is 2.199. The company is just not able to pay all its debts with equity.
  • The TTM is 2.199. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.199TTM2.1990.000
TTM2.199YOY3.645-1.446
TTM2.1995Y3.334-1.135
5Y3.33410Y3.775-0.441

2. Market Valuation of Grupo Catalana Occidente

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Grupo Catalana Occidente generates.

  • Above 15 is considered overpriced but¬†always compare¬†Grupo Catalana Occidente to the¬†Insurance - Diversified industry mean.
  • A PE ratio of 6.28 means the investor is paying €6.28¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grupo Catalana Occidente:

  • The EOD is 7.653. Based on the earnings, the company is underpriced. +1
  • The MRQ is 6.281. Based on the earnings, the company is cheap. +2
  • The TTM is 6.281. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.653MRQ6.281+1.372
MRQ6.281TTM6.2810.000
TTM6.281YOY7.168-0.886
TTM6.2815Y8.875-2.594
5Y8.87510Y10.691-1.816
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grupo Catalana Occidente:

  • The EOD is 7.238. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.941. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.941. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.238MRQ5.941+1.298
MRQ5.941TTM5.9410.000
TTM5.941YOY7.726-1.785
TTM5.9415Y7.610-1.669
5Y7.61010Y11.536-3.926
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Grupo Catalana Occidente is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Insurance - Diversified industry mean).
  • A PB ratio of 0.65 means the investor is paying €0.65¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Grupo Catalana Occidente:

  • The EOD is 0.791. Based on the equity, the company is cheap. +2
  • The MRQ is 0.649. Based on the equity, the company is cheap. +2
  • The TTM is 0.649. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.791MRQ0.649+0.142
MRQ0.649TTM0.6490.000
TTM0.649YOY0.834-0.184
TTM0.6495Y0.821-0.171
5Y0.82110Y1.064-0.243
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Grupo Catalana Occidente compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--12.14712.1470%-2.459+120%4.088+197%3.080+294%
Book Value Per Share--47.58647.5860%35.439+34%37.383+27%30.673+55%
Current Ratio--0.2570.2570%12.850-98%11.341-98%12.063-98%
Debt To Asset Ratio--0.6660.6660%0.767-13%0.746-11%0.768-13%
Debt To Equity Ratio--2.1992.1990%3.645-40%3.334-34%3.775-42%
Dividend Per Share--1.0731.0730%0.988+9%0.903+19%0.804+33%
Eps--4.9194.9190%4.123+19%3.631+35%3.072+60%
Free Cash Flow Per Share--5.2015.2010%3.825+36%4.033+29%3.027+72%
Free Cash Flow To Equity Per Share--2.6682.6680%2.757-3%2.579+3%2.006+33%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--63.516--------
Intrinsic Value_10Y_min--35.855--------
Intrinsic Value_1Y_max--4.783--------
Intrinsic Value_1Y_min--3.202--------
Intrinsic Value_3Y_max--15.576--------
Intrinsic Value_3Y_min--10.016--------
Intrinsic Value_5Y_max--27.823--------
Intrinsic Value_5Y_min--17.212--------
Market Cap4443565950.000+18%3646910700.0003646910700.0000%3487579650.000+5%3558393450.000+2%3628145043.000+1%
Net Profit Margin--0.1230.1230%0.108+14%0.097+27%0.090+37%
Operating Margin----0%0.125-100%0.056-100%0.090-100%
Operating Ratio--0.3310.3310%-0.875+364%-0.557+268%-0.419+226%
Pb Ratio0.791+18%0.6490.6490%0.834-22%0.821-21%1.064-39%
Pe Ratio7.653+18%6.2816.2810%7.168-12%8.875-29%10.691-41%
Price Per Share37.650+18%30.90030.9000%29.550+5%30.150+2%30.741+1%
Price To Free Cash Flow Ratio7.238+18%5.9415.9410%7.726-23%7.610-22%11.536-49%
Price To Total Gains Ratio2.848+18%2.3372.3370%-20.084+959%2.633-11%7.695-70%
Quick Ratio--0.1870.1870%21.815-99%20.442-99%23.055-99%
Return On Assets--0.0340.0340%0.027+27%0.025+40%0.023+48%
Return On Equity--0.1140.1140%0.129-12%0.106+7%0.112+2%
Total Gains Per Share--13.22013.2200%-1.471+111%4.991+165%3.884+240%
Usd Book Value--6047058366.3006047058366.3000%4503426954.000+34%4750519052.340+27%3897809367.810+55%
Usd Book Value Change Per Share--13.07913.0790%-2.648+120%4.401+197%3.317+294%
Usd Book Value Per Share--51.23651.2360%38.157+34%40.251+27%33.026+55%
Usd Dividend Per Share--1.1551.1550%1.063+9%0.972+19%0.866+33%
Usd Eps--5.2975.2970%4.439+19%3.909+35%3.308+60%
Usd Free Cash Flow--660966749.400660966749.4000%486034223.700+36%512448474.120+29%384615651.570+72%
Usd Free Cash Flow Per Share--5.6005.6000%4.118+36%4.342+29%3.259+72%
Usd Free Cash Flow To Equity Per Share--2.8732.8730%2.969-3%2.777+3%2.160+33%
Usd Market Cap4784387458.365+18%3926628750.6903926628750.6900%3755077009.155+5%3831322227.615+2%3906423767.798+1%
Usd Price Per Share40.538+18%33.27033.2700%31.816+5%32.463+2%33.099+1%
Usd Profit--625129866.600625129866.6000%523887765.600+19%461400619.740+35%390421325.640+60%
Usd Revenue--5067512237.4005067512237.4000%4839175391.700+5%4680307876.020+8%4259883335.850+19%
Usd Total Gains Per Share--14.23414.2340%-1.584+111%5.374+165%4.182+240%
 EOD+4 -4MRQTTM+0 -0YOY+27 -85Y+29 -610Y+29 -6

3.2. Fundamental Score

Let's check the fundamental score of Grupo Catalana Occidente based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.653
Price to Book Ratio (EOD)Between0-10.791
Net Profit Margin (MRQ)Greater than00.123
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.187
Current Ratio (MRQ)Greater than10.257
Debt to Asset Ratio (MRQ)Less than10.666
Debt to Equity Ratio (MRQ)Less than12.199
Return on Equity (MRQ)Greater than0.150.114
Return on Assets (MRQ)Greater than0.050.034
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Grupo Catalana Occidente based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.036
Ma 20Greater thanMa 5037.748
Ma 50Greater thanMa 10036.178
Ma 100Greater thanMa 20034.619
OpenGreater thanClose38.550
Total5/5 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Other Current Liabilities  -195,069-195,921-390,990-176,003-566,993155,546-411,4477,747,5527,336,105
Other Stockholders Equity  -406,404-107,999-514,403-99,015-613,418148,563-464,8554,941,7364,476,881
Long-term Assets Other  -10,874,463-311,828-11,186,291-275,554-11,461,845854,640-10,607,20523,484,04512,876,840
EBITDA  259,418-160,80798,611251,316349,927291,268641,195-701,395-60,200
Operating Income  259,418-160,80798,611209,824308,435255,121563,556-623,756-60,200
Total Operating Expenses  -3,896,680173,812-3,722,868-524,650-4,247,518316,623-3,930,8955,490,6231,559,728



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets16,839,074
Total Liabilities11,222,785
Total Stockholder Equity5,103,125
 As reported
Total Liabilities 11,222,785
Total Stockholder Equity+ 5,103,125
Total Assets = 16,839,074

Assets

Total Assets16,839,074
Total Current Assets1,883,209
Long-term Assets14,955,865
Total Current Assets
Cash And Cash Equivalents 1,373,741
Total Current Assets  (as reported)1,883,209
Total Current Assets  (calculated)1,373,741
+/- 509,468
Long-term Assets
Property Plant Equipment 511,040
Goodwill 1,167,496
Long-term Assets Other 12,876,840
Long-term Assets  (as reported)14,955,865
Long-term Assets  (calculated)14,555,376
+/- 400,489

Liabilities & Shareholders' Equity

Total Current Liabilities7,336,105
Long-term Liabilities3,886,680
Total Stockholder Equity5,103,125
Total Current Liabilities
Other Current Liabilities 7,336,105
Total Current Liabilities  (as reported)7,336,105
Total Current Liabilities  (calculated)7,336,105
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)3,886,680
Long-term Liabilities  (calculated)0
+/- 3,886,680
Total Stockholder Equity
Common Stock36,000
Accumulated Other Comprehensive Income 590,244
Other Stockholders Equity 4,476,881
Total Stockholder Equity (as reported)5,103,125
Total Stockholder Equity (calculated)5,103,125
+/-0
Other
Cash and Short Term Investments 1,373,741
Common Stock Shares Outstanding 118,023
Liabilities and Stockholders Equity 16,839,074
Net Debt -1,216,757
Short Long Term Debt Total 156,984



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
403,065,770
3,377,625
3,592,114
3,830,774
521,183
985,591
1,343,218
6,628,096
9,893,255
10,003,473
9,252,182
9,430,985
9,729,181
10,101,423
11,261,445
13,295,985
13,907,479
14,201,418
14,479,377
16,677,949
17,367,736
18,272,865
17,970,782
16,839,074
16,839,07417,970,78218,272,86517,367,73616,677,94914,479,37714,201,41813,907,47913,295,98511,261,44510,101,4239,729,1819,430,9859,252,18210,003,4739,893,2556,628,0961,343,218985,591521,1833,830,7743,592,1143,377,625403,065,770
   > Total Current Assets 
0
0
0
0
496,373
733,920
828,912
1,078,129
843,445
1,094,188
684,716
2,268,973
2,045,706
2,047,441
2,157,128
2,742,224
3,228,068
3,399,353
3,509,294
4,440,182
4,753,185
4,920,618
5,287,266
1,883,209
1,883,2095,287,2664,920,6184,753,1854,440,1823,509,2943,399,3533,228,0682,742,2242,157,1282,047,4412,045,7062,268,973684,7161,094,188843,4451,078,129828,912733,920496,3730000
       Cash And Cash Equivalents 
6,574,945
73,527
46,045
50,018
496,373
733,920
828,912
1,078,129
843,445
1,094,188
684,716
745,928
379,888
626,583
631,593
609,733
1,036,622
1,256,195
1,365,844
1,834,729
1,951,053
1,733,173
2,126,413
1,373,741
1,373,7412,126,4131,733,1731,951,0531,834,7291,365,8441,256,1951,036,622609,733631,593626,583379,888745,928684,7161,094,188843,4451,078,129828,912733,920496,37350,01846,04573,5276,574,945
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
1,523,045
1,665,818
1,420,858
1,525,535
2,132,491
2,191,446
2,143,158
2,143,450
2,605,453
2,802,132
3,187,445
3,160,853
0
03,160,8533,187,4452,802,1322,605,4532,143,4502,143,1582,191,4462,132,4911,525,5351,420,8581,665,8181,523,04500000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
681,798
814,821
992,407
1,069,395
1,102,523
1,063,031
1,103,331
1,075,263
1,166,845
527,761
0
0527,7611,166,8451,075,2631,103,3311,063,0311,102,5231,069,395992,407814,821681,7980000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
976,531
1,031,399
1,136,437
989,389
949,851
942,129
3,158,566
3,267,718
3,746,801
4,583,546
1,883,209
1,883,2094,583,5463,746,8013,267,7183,158,566942,129949,851989,3891,136,4371,031,399976,5310000000000000
   > Long-term Assets 
0
0
0
0
3,695,616
4,316,235
5,072,770
4,714,438
5,921,255
6,016,492
5,792,892
5,585,402
6,056,683
6,499,665
7,435,145
9,161,445
9,317,955
9,381,376
9,327,327
10,874,463
11,186,291
11,461,845
10,607,205
14,955,865
14,955,86510,607,20511,461,84511,186,29110,874,4639,327,3279,381,3769,317,9559,161,4457,435,1456,499,6656,056,6835,585,4025,792,8926,016,4925,921,2554,714,4385,072,7704,316,2353,695,6160000
       Property Plant Equipment 
3,340,683
30,017
30,956
33,604
231,977
233,703
244,282
217,578
272,191
289,203
320,770
251,180
247,392
237,308
230,991
274,403
300,127
311,248
306,009
434,101
446,019
412,693
388,914
511,040
511,040388,914412,693446,019434,101306,009311,248300,127274,403230,991237,308247,392251,180320,770289,203272,191217,578244,282233,703231,97733,60430,95630,0173,340,683
       Goodwill 
149,577
33,241
29,939
26,204
121,876
121,876
121,876
133,637
401,500
576,982
581,593
581,428
581,457
581,420
581,585
704,289
774,838
774,794
792,951
804,975
801,972
802,979
787,112
1,167,496
1,167,496787,112802,979801,972804,975792,951774,794774,838704,289581,585581,420581,457581,428581,593576,982401,500133,637121,876121,876121,87626,20429,93933,241149,577
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
6,089,187
7,014,205
8,439,528
8,019,049
8,083,541
7,989,034
9,219,432
9,474,595
9,876,977
9,013,143
0
09,013,1439,876,9779,474,5959,219,4327,989,0348,083,5418,019,0498,439,5287,014,2056,089,1870000000000000
       Intangible Assets 
1,003,274
33,241
29,939
26,204
17,744
20,851
26,965
26,226
459,052
633,492
633,755
44,645
47,134
59,288
58,730
116,824
132,890
127,477
142,817
189,691
191,760
142,352
135,755
0
0135,755142,352191,760189,691142,817127,477132,890116,82458,73059,28847,13444,645633,755633,492459,05226,22626,96520,85117,74426,20429,93933,2411,003,274
       Long-term Assets Other 
0
0
0
0
-3,695,616
-4,316,235
-5,072,770
-4,714,438
-5,921,255
-6,016,492
-5,792,892
-5,585,402
-6,056,683
-6,499,665
-7,435,145
-9,161,445
-9,317,955
-9,381,376
-9,327,327
-10,874,463
-11,186,291
-11,461,845
-10,607,205
12,876,840
12,876,840-10,607,205-11,461,845-11,186,291-10,874,463-9,327,327-9,381,376-9,317,955-9,161,445-7,435,145-6,499,665-6,056,683-5,585,402-5,792,892-6,016,492-5,921,255-4,714,438-5,072,770-4,316,235-3,695,6160000
> Total Liabilities 
361,076,283
2,999,101
3,203,292
3,395,589
39,111
39,040
199,787
5,094,187
8,400,564
8,698,059
7,824,693
7,903,357
8,052,730
8,120,585
8,823,839
10,710,138
11,072,780
11,122,814
11,275,241
12,826,766
13,430,117
13,800,025
13,788,162
11,222,785
11,222,78513,788,16213,800,02513,430,11712,826,76611,275,24111,122,81411,072,78010,710,1388,823,8398,120,5858,052,7307,903,3577,824,6938,698,0598,400,5645,094,187199,78739,04039,1113,395,5893,203,2922,999,101361,076,283
   > Total Current Liabilities 
0
0
0
0
39,111
39,040
199,787
251,857
637,289
1,161,691
640,960
105,154
218,115
194,621
230,541
238,672
269,166
211,273
234,047
195,069
390,990
566,993
411,447
7,336,105
7,336,105411,447566,993390,990195,069234,047211,273269,166238,672230,541194,621218,115105,154640,9601,161,691637,289251,857199,78739,04039,1110000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
131,538
300,072
217,594
210,442
213,137
0
0
0
0
0
0
000000213,137210,442217,594300,072131,5380000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
131,538
300,072
217,594
210,442
213,137
0
0
0
0
0
0
000000213,137210,442217,594300,072131,5380000000000000
       Accounts payable 
3,185,995
27,386
28,287
26,867
39,111
39,040
199,787
251,857
637,289
1,161,691
640,960
105,154
218,115
194,621
230,541
238,672
269,166
211,273
234,047
195,069
390,990
566,993
411,447
0
0411,447566,993390,990195,069234,047211,273269,166238,672230,541194,621218,115105,154640,9601,161,691637,289251,857199,78739,04039,11126,86728,28727,3863,185,995
       Other Current Liabilities 
0
0
0
0
-39,111
-39,040
-199,787
-251,857
-637,289
-1,161,691
-640,960
-105,154
-218,115
-194,621
-230,541
-238,672
-269,166
-211,273
-234,047
-195,069
-390,990
-566,993
-411,447
7,336,105
7,336,105-411,447-566,993-390,990-195,069-234,047-211,273-269,166-238,672-230,541-194,621-218,115-105,154-640,960-1,161,691-637,289-251,857-199,787-39,040-39,1110000
   > Long-term Liabilities 
0
0
0
0
0
0
0
186,554
0
164,975
0
365,308
297,959
341,823
615,617
542,065
547,316
540,406
483,375
688,982
689,520
831,278
411,447
3,886,680
3,886,680411,447831,278689,520688,982483,375540,406547,316542,065615,617341,823297,959365,3080164,9750186,5540000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,181,783
1,309,982
1,119,336
0
01,119,3361,309,9821,181,78300000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
-131,538
-300,072
-217,594
-210,442
-213,137
0
0
130,055
122,150
123,060
0
0123,060122,150130,05500-213,137-210,442-217,594-300,072-131,5380000000000000
> Total Stockholder Equity
40,310,280
272,792
278,288
319,080
364,218
721,224
902,728
998,604
913,914
1,043,704
1,133,895
1,233,729
1,433,399
1,723,775
2,167,133
2,299,735
2,533,652
2,752,611
2,863,793
3,477,144
3,578,902
4,076,634
3,782,412
5,103,125
5,103,1253,782,4124,076,6343,578,9023,477,1442,863,7932,752,6112,533,6522,299,7352,167,1331,723,7751,433,3991,233,7291,133,8951,043,704913,914998,604902,728721,224364,218319,080278,288272,79240,310,280
   Common Stock
6,000,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,00036,0006,000,000
   Retained Earnings 
15,642
0
0
0
103,579
335,228
191,389
526,114
104,448
101,160
181,270
210,477
200,101
221,057
242,105
268,120
295,599
325,447
352,160
385,937
262,331
427,227
486,568
0
0486,568427,227262,331385,937352,160325,447295,599268,120242,105221,057200,101210,477181,270101,160104,448526,114191,389335,228103,57900015,642
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,533
1,533
1,533
0
01,5331,5331,53300000000000000000000
   Treasury Stock000000-18,108-18,293-17,421-17,421-18,725-21,332-20,479-20,460-20,441-18,793-17,823-12,234-7,08900000
   Other Stockholders Equity 
0
0
0
0
224,639
349,996
675,339
436,490
773,466
906,544
916,625
987,252
1,197,298
1,466,718
1,889,028
1,995,615
2,202,053
2,391,164
2,475,633
-406,404
-514,403
-613,418
-464,855
4,476,881
4,476,881-464,855-613,418-514,403-406,4042,475,6332,391,1642,202,0531,995,6151,889,0281,466,7181,197,298987,252916,625906,544773,466436,490675,339349,996224,6390000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.