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NEPI Rockcastle PLC
Buy, Hold or Sell?

Let's analyse NEPI Rockcastle PLC together

PenkeI guess you are interested in NEPI Rockcastle PLC. 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 NEPI Rockcastle PLC. 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 NEPI Rockcastle PLC (30 sec.)










What can you expect buying and holding a share of NEPI Rockcastle PLC? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.11
When do you have the money?
1 year
How often do you get paid?
86.8%

What is your share worth?

Current worth
‚ā¨6.51
Expected worth in 1 year
‚ā¨7.12
How sure are you?
86.8%

+ What do you gain per year?

Total Gains per Share
‚ā¨0.71
Return On Investment
11.0%

For what price can you sell your share?

Current Price per Share
‚ā¨6.45
Expected price per share
‚ā¨6.2 - ‚ā¨6.7764386363636
How sure are you?
50%

1. Valuation of NEPI Rockcastle PLC (5 min.)




Live pricePrice per Share (EOD)

‚ā¨6.45

Intrinsic Value Per Share

‚ā¨9.59 - ‚ā¨11.33

Total Value Per Share

‚ā¨16.10 - ‚ā¨17.84

2. Growth of NEPI Rockcastle PLC (5 min.)




Is NEPI Rockcastle PLC growing?

Current yearPrevious yearGrowGrow %
How rich?$4.6b$4.2b$792.8m15.6%

How much money is NEPI Rockcastle PLC making?

Current yearPrevious yearGrowGrow %
Making money$188.3m$171m$17.3m9.2%
Net Profit Margin62.0%55.6%--

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

3. Financial Health of NEPI Rockcastle PLC (5 min.)




What can you expect buying and holding a share of NEPI Rockcastle PLC? (5 min.)

Welcome investor! NEPI Rockcastle PLC's management wants to use your money to grow the business. In return you get a share of NEPI Rockcastle PLC.

What can you expect buying and holding a share of NEPI Rockcastle PLC?

First you should know what it really means to hold a share of NEPI Rockcastle PLC. And how you can make/lose money.

Speculation

The Price per Share of NEPI Rockcastle PLC is ‚ā¨6.45. 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 NEPI Rockcastle PLC.
  • 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 NEPI Rockcastle PLC, 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¨6.51. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.15 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.07 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¨0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of NEPI Rockcastle PLC.

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 Eps0.355.5%0.243.7%0.182.7%0.132.0%0.081.2%
Usd Book Value Change Per Share-2.09-32.4%0.162.5%0.071.1%0.040.6%0.182.8%
Usd Dividend Per Share0.030.5%0.030.4%0.101.5%0.081.2%0.060.9%
Usd Total Gains Per Share-2.06-31.9%0.193.0%0.172.6%0.111.7%0.243.7%
Usd Price Per Share6.53-6.04-6.04-6.32-4.91-
Price to Earnings Ratio4.64-6.73-8.99-12.33-8.19-
Price-to-Total Gains Ratio-3.17--0.47-26.78-61.75-190.70-
Price to Book Ratio0.94-0.80-0.94-0.97-0.76-
Price-to-Total Gains Ratio-3.17--0.47-26.78-61.75-190.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.907305
Number of shares144
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.08
Usd Book Value Change Per Share0.160.04
Usd Total Gains Per Share0.190.11
Gains per Quarter (144 shares)27.4716.22
Gains per Year (144 shares)109.8964.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11694100442155
2321882108743120
34728232013164185
46337643017485250
579470540218106315
695564650262128380
7111658760305149445
8127753870349170510
9142847980392192575
101589411090436213640

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 Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%34.04.00.089.5%34.04.00.089.5%
Book Value Change Per Share2.02.00.050.0%6.03.03.050.0%8.05.07.040.0%21.07.010.055.3%21.07.010.055.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%33.00.05.086.8%33.00.05.086.8%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%16.04.00.080.0%33.05.00.086.8%33.05.00.086.8%

Fundamentals of NEPI Rockcastle PLC

About NEPI Rockcastle PLC

NEPI Rockcastle N.V. ("the Company", "NEPI Rockcastle", "the Group") is a public limited company domiciled in the Netherlands, having its registered office at Strawinskylaan 563, WTC Zuidas, Tower Ten, 5th Floor, 1077 XX Amsterdam, with registration number at the Dutch Chamber of Commerce 87488329. The Company's shares are listed on the Main Board of the Johannesburg Stock Exchange Limited ("JSE"), Euronext Amsterdam and A2X. NEPI Rockcastle is the premier owner and operator of shopping centres in Central and Eastern Europe ("CEE"). The Group benefits from a highly-skilled internal management team which combines asset management, development, investment, leasing and financial expertise.

Fundamental data was last updated by Penke on 2024-06-11 13:20:05.

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 inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able 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 very able to pay all its debts by selling its assets.
The company is very 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 NEPI Rockcastle PLC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†NEPI Rockcastle PLC earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • A Net Profit Margin of 57.1%¬†means that¬†€0.57 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NEPI Rockcastle PLC:

  • The MRQ is 57.1%. The company is making a huge profit. +2
  • The TTM is 62.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ57.1%TTM62.0%-4.9%
TTM62.0%YOY55.6%+6.4%
TTM62.0%5Y34.0%+28.0%
5Y34.0%10Y41.4%-7.4%
1.1.2. Return on Assets

Shows how efficient NEPI Rockcastle PLC is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • 2.9% Return on Assets means that¬†NEPI Rockcastle PLC generated¬†€0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NEPI Rockcastle PLC:

  • The MRQ is 2.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.3%+0.5%
TTM2.3%YOY2.3%+0.0%
TTM2.3%5Y1.3%+1.0%
5Y1.3%10Y1.3%+0.1%
1.1.3. Return on Equity

Shows how efficient NEPI Rockcastle PLC is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • 5.1% Return on Equity means NEPI Rockcastle PLC generated €0.05¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NEPI Rockcastle PLC:

  • The MRQ is 5.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ5.1%TTM4.2%+0.9%
TTM4.2%YOY4.2%+0.0%
TTM4.2%5Y2.4%+1.8%
5Y2.4%10Y2.0%+0.4%

1.2. Operating Efficiency of NEPI Rockcastle PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient NEPI Rockcastle PLC is operating .

  • Measures how much profit NEPI Rockcastle PLC 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¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • An Operating Margin of 58.8%¬†means the company generated €0.59 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NEPI Rockcastle PLC:

  • The MRQ is 58.8%. The company is operating very efficient. +2
  • The TTM is 64.8%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ58.8%TTM64.8%-6.0%
TTM64.8%YOY52.6%+12.2%
TTM64.8%5Y34.9%+29.9%
5Y34.9%10Y46.1%-11.2%
1.2.2. Operating Ratio

Measures how efficient NEPI Rockcastle PLC is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Real Estate - Diversified industry mean).
  • An Operation Ratio of 0.41 means that the operating costs are €0.41 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of NEPI Rockcastle PLC:

  • The MRQ is 0.412. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.312. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.412TTM0.312+0.100
TTM0.312YOY0.203+0.108
TTM0.3125Y0.234+0.078
5Y0.23410Y0.333-0.099

1.3. Liquidity of NEPI Rockcastle PLC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if NEPI Rockcastle PLC is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Real Estate - Diversified industry mean).
  • A Current Ratio of 0.63¬†means the company has €0.63 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of NEPI Rockcastle PLC:

  • The MRQ is 0.632. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.889. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.632TTM0.889-0.257
TTM0.889YOY13.806-12.916
TTM0.8895Y4.733-3.844
5Y4.73310Y3.543+1.191
1.3.2. Quick Ratio

Measures if NEPI Rockcastle PLC is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • A Quick Ratio of 0.59¬†means the company can pay off €0.59 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NEPI Rockcastle PLC:

  • The MRQ is 0.595. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.905. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.595TTM0.905-0.310
TTM0.905YOY13.033-12.128
TTM0.9055Y3.714-2.809
5Y3.71410Y2.592+1.122

1.4. Solvency of NEPI Rockcastle PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of NEPI Rockcastle PLC assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†NEPI Rockcastle PLC to Real Estate - Diversified industry mean.
  • A Debt to Asset Ratio of 0.43¬†means that NEPI Rockcastle PLC assets are¬†financed with 43.5% credit (debt) and the remaining percentage (100% - 43.5%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of NEPI Rockcastle PLC:

  • The MRQ is 0.435. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.371. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.435TTM0.371+0.064
TTM0.371YOY0.421-0.051
TTM0.3715Y0.417-0.046
5Y0.41710Y0.371+0.046
1.4.2. Debt to Equity Ratio

Measures if NEPI Rockcastle PLC is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • A Debt to Equity ratio of 76.9% means that company has €0.77 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NEPI Rockcastle PLC:

  • The MRQ is 0.769. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.662. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.769TTM0.662+0.107
TTM0.662YOY0.760-0.098
TTM0.6625Y0.740-0.078
5Y0.74010Y0.617+0.123

2. Market Valuation of NEPI Rockcastle PLC

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 NEPI Rockcastle PLC generates.

  • Above 15 is considered overpriced but¬†always compare¬†NEPI Rockcastle PLC to the¬†Real Estate - Diversified industry mean.
  • A PE ratio of 4.64 means the investor is paying €4.64¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NEPI Rockcastle PLC:

  • The EOD is 4.903. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.637. Based on the earnings, the company is cheap. +2
  • The TTM is 6.732. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.903MRQ4.637+0.266
MRQ4.637TTM6.732-2.095
TTM6.732YOY8.993-2.261
TTM6.7325Y12.329-5.597
5Y12.32910Y8.191+4.139
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NEPI Rockcastle PLC:

  • The EOD is 6.327. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.983. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.652. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.327MRQ5.983+0.343
MRQ5.983TTM7.652-1.669
TTM7.652YOY-2.690+10.342
TTM7.6525Y11.522-3.870
5Y11.52210Y7.128+4.395
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of NEPI Rockcastle PLC is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Real Estate - Diversified industry mean).
  • A PB ratio of 0.94 means the investor is paying €0.94¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of NEPI Rockcastle PLC:

  • The EOD is 0.991. Based on the equity, the company is cheap. +2
  • The MRQ is 0.937. Based on the equity, the company is cheap. +2
  • The TTM is 0.800. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.991MRQ0.937+0.054
MRQ0.937TTM0.800+0.137
TTM0.800YOY0.945-0.145
TTM0.8005Y0.971-0.171
5Y0.97110Y0.762+0.209
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NEPI Rockcastle PLC 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---1.9540.153-1381%0.068-2994%0.034-5764%0.171-1241%
Book Value Per Share--6.5107.171-9%6.050+8%6.143+6%4.884+33%
Current Ratio--0.6320.889-29%13.806-95%4.733-87%3.543-82%
Debt To Asset Ratio--0.4350.371+17%0.421+3%0.417+4%0.371+17%
Debt To Equity Ratio--0.7690.662+16%0.760+1%0.740+4%0.617+25%
Dividend Per Share--0.0320.026+24%0.091-65%0.071-55%0.054-41%
Eps--0.3290.222+48%0.165+100%0.122+170%0.073+353%
Free Cash Flow Per Share--0.2550.207+23%0.129+98%0.132+94%-0.018+107%
Free Cash Flow To Equity Per Share--0.1530.146+5%0.100+53%0.097+59%0.032+380%
Gross Profit Margin--0.9500.962-1%0.975-3%0.987-4%0.993-4%
Intrinsic Value_10Y_max--11.329--------
Intrinsic Value_10Y_min--9.586--------
Intrinsic Value_1Y_max--0.597--------
Intrinsic Value_1Y_min--0.587--------
Intrinsic Value_3Y_max--2.205--------
Intrinsic Value_3Y_min--2.097--------
Intrinsic Value_5Y_max--4.307--------
Intrinsic Value_5Y_min--3.962--------
Market Cap4262327596.800+5%4031038502.4003725406484.800+8%3725406484.800+8%3897882066.624+3%3030756644.514+33%
Net Profit Margin--0.5710.620-8%0.556+3%0.340+68%0.414+38%
Operating Margin--0.5880.648-9%0.526+12%0.349+69%0.461+28%
Operating Ratio--0.4120.312+32%0.203+102%0.234+76%0.333+24%
Pb Ratio0.991+5%0.9370.800+17%0.945-1%0.971-3%0.762+23%
Pe Ratio4.903+5%4.6376.732-31%8.993-48%12.329-62%8.191-43%
Price Per Share6.450+5%6.1005.638+8%5.638+8%5.899+3%4.586+33%
Price To Free Cash Flow Ratio6.327+5%5.9837.652-22%-2.690+145%11.522-48%7.128-16%
Price To Total Gains Ratio-3.355-6%-3.173-0.470-85%26.780-112%61.749-105%190.704-102%
Quick Ratio--0.5950.905-34%13.033-95%3.714-84%2.592-77%
Return On Assets--0.0290.023+22%0.023+24%0.013+112%0.013+128%
Return On Equity--0.0510.042+21%0.042+22%0.024+110%0.020+150%
Total Gains Per Share---1.9220.178-1179%0.159-1311%0.105-1927%0.225-955%
Usd Book Value--4606837145.8485074620796.087-9%4281782682.700+8%4347216809.627+6%3456414010.357+33%
Usd Book Value Change Per Share---2.0930.163-1381%0.072-2994%0.037-5764%0.183-1241%
Usd Book Value Per Share--6.9717.679-9%6.479+8%6.578+6%5.230+33%
Usd Dividend Per Share--0.0340.027+24%0.098-65%0.076-55%0.057-41%
Usd Eps--0.3520.237+48%0.176+100%0.130+170%0.078+353%
Usd Free Cash Flow--180365284.089146332229.338+23%90976417.487+98%93073716.345+94%-13075038.936+107%
Usd Free Cash Flow Per Share--0.2730.221+23%0.138+98%0.141+94%-0.020+107%
Usd Free Cash Flow To Equity Per Share--0.1640.156+5%0.107+53%0.103+59%0.034+380%
Usd Market Cap4564526623.413+5%4316839132.2203989537804.572+8%3989537804.572+8%4174241905.148+3%3245637290.610+33%
Usd Price Per Share6.907+5%6.5326.037+8%6.037+8%6.317+3%4.911+33%
Usd Profit--232732991.245188398867.202+24%171079932.124+36%103013891.748+126%60285176.711+286%
Usd Revenue--407613754.152303766407.493+34%204195745.497+100%163363548.948+150%128232639.286+218%
Usd Total Gains Per Share---2.0590.191-1179%0.170-1311%0.113-1927%0.241-955%
 EOD+3 -5MRQTTM+18 -18YOY+21 -155Y+22 -1410Y+21 -15

3.2. Fundamental Score

Let's check the fundamental score of NEPI Rockcastle PLC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.903
Price to Book Ratio (EOD)Between0-10.991
Net Profit Margin (MRQ)Greater than00.571
Operating Margin (MRQ)Greater than00.588
Quick Ratio (MRQ)Greater than10.595
Current Ratio (MRQ)Greater than10.632
Debt to Asset Ratio (MRQ)Less than10.435
Debt to Equity Ratio (MRQ)Less than10.769
Return on Equity (MRQ)Greater than0.150.051
Return on Assets (MRQ)Greater than0.050.029
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of NEPI Rockcastle PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.848
Ma 20Greater thanMa 506.468
Ma 50Greater thanMa 1006.365
Ma 100Greater thanMa 2006.283
OpenGreater thanClose6.450
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets7,608,217
Total Liabilities3,306,381
Total Stockholder Equity4,301,837
 As reported
Total Liabilities 3,306,381
Total Stockholder Equity+ 4,301,837
Total Assets = 7,608,217

Assets

Total Assets7,608,217
Total Current Assets458,577
Long-term Assets7,154,812
Total Current Assets
Cash And Cash Equivalents 338,289
Net Receivables 93,402
Inventory 17,254
Total Current Assets  (as reported)458,577
Total Current Assets  (calculated)448,945
+/- 9,632
Long-term Assets
Property Plant Equipment 6,825,162
Goodwill 76,752
Intangible Assets 52
Long-term Assets Other 177,102
Long-term Assets  (as reported)7,154,812
Long-term Assets  (calculated)7,079,067
+/- 75,745

Liabilities & Shareholders' Equity

Total Current Liabilities725,703
Long-term Liabilities2,582,925
Total Stockholder Equity4,301,837
Total Current Liabilities
Short-term Debt 547,145
Short Long Term Debt 545,971
Accounts payable 154,333
Other Current Liabilities 24,225
Total Current Liabilities  (as reported)725,703
Total Current Liabilities  (calculated)1,271,674
+/- 545,971
Long-term Liabilities
Long term Debt 2,020,186
Capital Lease Obligations 56,520
Long-term Liabilities Other 36,074
Long-term Liabilities  (as reported)2,582,925
Long-term Liabilities  (calculated)2,112,780
+/- 470,145
Total Stockholder Equity
Common Stock6,604
Retained Earnings 1,167,933
Other Stockholders Equity 3,127,300
Total Stockholder Equity (as reported)4,301,837
Total Stockholder Equity (calculated)4,301,837
+/-0
Other
Capital Stock6,608
Cash and Short Term Investments 338,289
Common Stock Shares Outstanding 651,258
Liabilities and Stockholders Equity 7,608,217
Net Debt 2,282,606
Net Invested Capital 6,870,918
Net Working Capital -267,126
Short Long Term Debt Total 2,620,895



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-31
> Total Assets 
0
0
544,318
658,507
658,323
700,668
947,226
1,041,207
1,100,364
1,210,413
1,276,063
1,544,258
1,674,903
1,785,138
1,912,131
2,235,792
2,271,143
2,295,564
2,412,011
2,797,239
2,818,655
2,940,851
5,997,801
5,997,801
6,111,243
6,111,243
6,502,644
6,502,644
7,009,368
7,009,368
6,974,100
6,974,100
0
6,715,024
0
6,671,156
0
6,463,404
0
6,598,140
0
6,708,417
7,150,240
7,150,240
7,438,606
7,438,606
7,613,389
7,608,217
7,608,2177,613,3897,438,6067,438,6067,150,2407,150,2406,708,41706,598,14006,463,40406,671,15606,715,02406,974,1006,974,1007,009,3687,009,3686,502,6446,502,6446,111,2436,111,2435,997,8015,997,8012,940,8512,818,6552,797,2392,412,0112,295,5642,271,1432,235,7921,912,1311,785,1381,674,9031,544,2581,276,0631,210,4131,100,3641,041,207947,226700,668658,323658,507544,31800
   > Total Current Assets 
0
0
43,318
167,010
106,088
151,899
148,758
110,365
165,179
205,511
221,189
148,705
144,547
114,819
120,167
381,097
380,794
123,358
165,277
88,559
115,144
81,814
870,604
870,604
583,706
573,436
386,585
206,289
1,002,532
662,902
804,930
467,191
696,672
357,362
704,433
702,681
509,854
445,610
570,869
569,117
555,540
539,940
250,631
367,300
347,249
476,752
338,519
458,577
458,577338,519476,752347,249367,300250,631539,940555,540569,117570,869445,610509,854702,681704,433357,362696,672467,191804,930662,9021,002,532206,289386,585573,436583,706870,604870,60481,814115,14488,559165,277123,358380,794381,097120,167114,819144,547148,705221,189205,511165,179110,365148,758151,899106,088167,01043,31800
       Cash And Cash Equivalents 
0
0
31,838
87,512
10,544
69,316
57,950
52,492
99,858
130,674
147,724
108,236
95,460
60,511
63,727
326,610
309,016
50,763
101,912
48,020
54,163
40,222
195,544
195,544
120,569
120,569
96,924
89,714
366,166
366,166
208,746
204,046
0
138,146
0
639,597
0
380,239
0
498,623
0
449,635
250,631
246,381
347,249
342,999
338,519
338,289
338,289338,519342,999347,249246,381250,631449,6350498,6230380,2390639,5970138,1460204,046208,746366,166366,16689,71496,924120,569120,569195,544195,54440,22254,16348,020101,91250,763309,016326,61063,72760,51195,460108,236147,724130,67499,85852,49257,95069,31610,54487,51231,83800
       Short-term Investments 
0
0
0
63,699
72,773
60,833
60,554
29,837
30,649
33,838
32,937
0
0
0
0
0
22,015
19,556
20,088
18,979
18,339
6,721
0
0
0
306,276
0
831
0
190,714
0
169,062
0
60,293
0
20,005
0
0
0
21,907
0
-43,071
0
0
0
0
0
0
000000-43,071021,90700020,005060,2930169,0620190,71408310306,2760006,72118,33918,97920,08819,55622,0150000032,93733,83830,64929,83760,55460,83372,77363,699000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,277
37,935
42,642
34,871
53,837
53,837
69,780
69,780
70,024
80,750
93,112
93,112
80,791
80,791
103,346
103,346
54,361
54,361
55,305
55,305
55,168
-1,752
63,887
63,689
0
79,714
80,238
80,205
0
93,402
93,402080,20580,23879,714063,68963,887-1,75255,16855,30555,30554,36154,361103,346103,34680,79180,79193,11293,11280,75070,02469,78069,78053,83753,83734,87142,64237,93543,277000000000000000000
       Other Current Assets 
0
0
11,480
28,665
51,436
21,750
31,330
29,597
1,561
76,019
75,546
67,829
76,775
81,443
83,583
79,742
73,368
74,518
64,469
37,085
55,981
34,871
282,735
282,735
87,081
156,861
50,467
127,701
352,540
445,652
346,331
431,822
394,887
498,233
6,775
64,836
74,310
129,615
7,556
62,724
28,552
76,839
0
100,225
36,485
-451,066
0
-448,945
-448,9450-451,06636,485100,225076,83928,55262,7247,556129,61574,31064,8366,775498,233394,887431,822346,331445,652352,540127,70150,467156,86187,081282,735282,73534,87155,98137,08564,46974,51873,36879,74283,58381,44376,77567,82975,54676,0191,56129,59731,33021,75051,43628,66511,48000
   > Long-term Assets 
0
0
501,000
491,497
552,236
548,768
798,468
930,843
935,185
1,004,902
1,054,874
1,395,553
1,530,356
1,670,319
1,791,964
1,854,695
1,890,349
2,172,206
2,246,734
2,708,680
2,703,511
2,859,037
0
0
0
5,537,807
0
6,296,355
0
6,346,466
0
6,506,909
0
6,357,662
0
5,968,475
0
6,017,794
0
6,029,023
0
6,168,477
6,899,609
6,782,940
7,091,357
6,961,854
7,274,870
7,154,812
7,154,8127,274,8706,961,8547,091,3576,782,9406,899,6096,168,47706,029,02306,017,79405,968,47506,357,66206,506,90906,346,46606,296,35505,537,8070002,859,0372,703,5112,708,6802,246,7342,172,2061,890,3491,854,6951,791,9641,670,3191,530,3561,395,5531,054,8741,004,902935,185930,843798,468548,768552,236491,497501,00000
       Property Plant Equipment 
0
0
0
253
0
0
0
403
0
0
0
537
0
0
0
606
0
0
2,096,079
802
2,560,936
2,682,396
4,929,601
4,929,601
5,324,194
5,675,010
5,913,351
2,281
5,849,204
6,402,808
6,025,127
2,527
5,863,805
6,287,247
5,804,857
2,459
5,789,382
5,789,382
5,845,275
3,599
5,950,480
5,950,480
6,596,137
3,780
6,778,681
6,778,681
6,824,990
6,825,162
6,825,1626,824,9906,778,6816,778,6813,7806,596,1375,950,4805,950,4803,5995,845,2755,789,3825,789,3822,4595,804,8576,287,2475,863,8052,5276,025,1276,402,8085,849,2042,2815,913,3515,675,0105,324,1944,929,6014,929,6012,682,3962,560,9368022,096,07900606000537000403000253000
       Goodwill 
0
0
13,913
13,189
17,326
17,326
28,933
16,218
16,218
16,218
16,218
17,639
22,828
20,334
25,240
23,986
23,986
39,010
41,031
58,390
58,390
58,390
82,582
82,582
82,582
82,582
93,070
93,070
82,760
82,760
76,804
76,804
0
76,804
0
76,804
0
76,804
0
76,804
0
76,804
76,804
76,804
76,804
76,804
76,804
76,752
76,75276,80476,80476,80476,80476,80476,804076,804076,804076,804076,804076,80476,80482,76082,76093,07093,07082,58282,58282,58282,58258,39058,39058,39041,03139,01023,98623,98625,24020,33422,82817,63916,21816,21816,21816,21828,93317,32617,32613,18913,91300
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,051
22,700
26,706
39,071
42,649
42,649
59,551
59,551
57,830
57,830
23,483
23,483
25,747
25,747
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000025,74725,74723,48323,48357,83057,83059,55159,55142,64942,64939,07126,70622,70019,051000000000000000000
       Intangible Assets 
0
0
0
62
0
0
0
11
0
0
0
177
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,346
0
76,566
3,065
3,065
0
76,772
0
52
52076,77203,0653,06576,56601,3460000000000000000000000000001770001100062000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
69,381
45,512
44,140
67,400
72,365
72,365
61,210
64,658
51,808
53,380
51,389
373,365
41,492
41,492
54,596
54,596
62,286
62,286
62,731
62,731
75,645
75,645
78,993
78,993
0
0
72,611
72,611
0
-5,172
-5,172072,61172,6110078,99378,99375,64575,64562,73162,73162,28662,28654,59654,59641,49241,492373,36551,38953,38051,80864,65861,21072,36572,36567,40044,14045,51269,381000000000000000000
> Total Liabilities 
0
0
225,996
264,885
252,711
227,241
305,466
328,971
375,870
381,872
331,908
302,969
424,827
433,875
582,318
739,242
767,813
747,009
736,929
982,687
901,205
915,176
2,083,082
2,083,082
2,190,785
2,190,785
2,656,771
2,656,771
3,034,307
3,034,307
2,877,220
2,877,220
0
2,978,655
0
2,978,833
0
2,752,455
0
2,877,898
0
2,925,623
2,558,785
3,251,519
2,508,600
3,309,050
2,020,186
3,306,381
3,306,3812,020,1863,309,0502,508,6003,251,5192,558,7852,925,62302,877,89802,752,45502,978,83302,978,65502,877,2202,877,2203,034,3073,034,3072,656,7712,656,7712,190,7852,190,7852,083,0822,083,082915,176901,205982,687736,929747,009767,813739,242582,318433,875424,827302,969331,908381,872375,870328,971305,466227,241252,711264,885225,99600
   > Total Current Liabilities 
0
0
21,168
117,734
114,411
93,728
107,049
96,711
118,201
121,635
76,715
61,624
190,935
240,719
235,533
77,525
80,219
85,342
112,864
150,692
158,441
146,403
145,800
145,800
224,046
224,046
435,433
435,433
388,910
388,910
189,823
189,823
175,988
175,988
357,447
357,447
121,186
121,186
160,752
160,752
194,460
194,460
5,246
202,573
278,844
283,800
0
725,703
725,7030283,800278,844202,5735,246194,460194,460160,752160,752121,186121,186357,447357,447175,988175,988189,823189,823388,910388,910435,433435,433224,046224,046145,800145,800146,403158,441150,692112,86485,34280,21977,525235,533240,719190,93561,62476,715121,635118,20196,711107,04993,728114,411117,73421,16800
       Short-term Debt 
0
0
11,709
101,103
94,143
75,119
74,854
63,958
88,513
87,196
36,839
22,167
121,062
179,696
178,357
13,424
11,833
11,305
57,326
17,999
93,079
86,131
21,313
21,313
99,212
99,212
275,647
275,647
209,998
209,998
20,374
20,374
0
35,984
0
260,852
0
28,846
0
22,867
0
35,598
0
43,026
0
98,385
0
547,145
547,145098,385043,026035,598022,867028,8460260,852035,984020,37420,374209,998209,998275,647275,64799,21299,21221,31321,31386,13193,07917,99957,32611,30511,83313,424178,357179,696121,06222,16736,83987,19688,51363,95874,85475,11994,143101,10311,70900
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
547,680
734,884
651,942
652,924
21,313
21,313
99,212
99,212
275,647
275,647
209,998
209,998
20,374
20,374
0
35,984
0
260,852
0
28,846
0
22,867
0
34,766
0
42,194
0
97,318
0
545,971
545,971097,318042,194034,766022,867028,8460260,852035,984020,37420,374209,998209,998275,647275,64799,21299,21221,31321,313652,924651,942734,884547,680000000000000000000
       Accounts payable 
0
0
0
9,544
17,216
15,538
28,899
18,075
28,411
32,952
38,118
26,504
69,873
61,023
57,176
24,384
66,978
74,037
55,538
35,334
65,362
60,272
113,553
113,553
123,595
123,595
159,786
95,282
140,076
140,076
130,411
75,039
101,220
101,220
0
54,220
90,830
90,830
142,273
55,244
119,894
119,894
0
97,140
179,404
179,404
0
154,333
154,3330179,404179,40497,1400119,894119,89455,244142,27390,83090,83054,2200101,220101,22075,039130,411140,076140,07695,282159,786123,595123,595113,553113,55360,27265,36235,33455,53874,03766,97824,38457,17661,02369,87326,50438,11832,95228,41118,07528,89915,53817,2169,544000
       Other Current Liabilities 
0
0
9,459
7,087
2,642
2,967
3,188
3,438
1,271
1,479
1,758
2,095
0
0
0
21,286
1,408
0
0
9,630
0
60,272
118,614
118,614
1,239
1,239
151,751
11,602
38,836
38,836
163,243
7,462
38,784
38,784
92,837
4,139
1,510
1,510
134,102
1,314
38,968
38,968
0
62,407
1,055
6,011
0
24,225
24,22506,0111,05562,407038,96838,9681,314134,1021,5101,5104,13992,83738,78438,7847,462163,24338,83638,83611,602151,7511,2391,239118,614118,61460,27209,630001,40821,2860002,0951,7581,4791,2713,4383,1882,9672,6427,0879,45900
   > Long-term Liabilities 
0
0
204,828
147,151
138,300
133,514
198,416
232,260
257,669
260,237
255,193
241,345
233,892
193,156
346,785
661,717
687,594
661,667
624,065
831,995
742,764
750,865
0
0
0
1,966,739
0
2,221,338
0
2,645,397
0
2,687,397
0
2,802,667
0
2,621,386
0
2,631,269
0
2,717,146
0
2,731,163
2,558,785
3,048,946
2,508,600
3,025,250
2,020,186
2,582,925
2,582,9252,020,1863,025,2502,508,6003,048,9462,558,7852,731,16302,717,14602,631,26902,621,38602,802,66702,687,39702,645,39702,221,33801,966,739000750,865742,764831,995624,065661,667687,594661,717346,785193,156233,892241,345255,193260,237257,669232,260198,416133,514138,300147,151204,82800
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,619,700
0
1,822,445
0
2,214,986
0
2,251,891
0
2,387,653
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000002,387,65302,251,89102,214,98601,822,44501,619,7000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
133,711
176,267
183,901
201,980
308,194
308,194
343,440
343,440
396,168
396,168
424,864
424,864
387,855
387,855
368,181
368,181
371,421
371,421
383,425
383,425
401,619
401,619
429,385
429,385
457,220
457,220
486,142
486,142
0
0
00486,142486,142457,220457,220429,385429,385401,619401,619383,425383,425371,421371,421368,181368,181387,855387,855424,864424,864396,168396,168343,440343,440308,194308,194201,980183,901176,267133,711000000000000000000
> Total Stockholder Equity
0
0
318,322
393,622
405,613
473,426
641,761
713,115
725,888
831,152
948,130
1,247,087
1,257,630
1,360,870
1,326,162
1,494,921
1,504,377
1,549,242
1,675,082
1,814,552
1,917,450
2,025,675
3,914,243
3,914,243
3,919,979
3,919,979
3,839,772
3,839,772
3,969,070
3,969,070
4,090,672
4,090,672
0
3,730,629
0
3,687,068
0
3,705,650
0
3,714,922
0
3,782,794
3,898,721
3,898,721
4,129,556
4,129,556
4,304,761
4,301,837
4,301,8374,304,7614,129,5564,129,5563,898,7213,898,7213,782,79403,714,92203,705,65003,687,06803,730,62904,090,6724,090,6723,969,0703,969,0703,839,7723,839,7723,919,9793,919,9793,914,2433,914,2432,025,6751,917,4501,814,5521,675,0821,549,2421,504,3771,494,9211,326,1621,360,8701,257,6301,247,087948,130831,152725,888713,115641,761473,426405,613393,622318,32200
   Common Stock
0
0
1,199
1,353
1,354
1,510
1,855
1,947
1,947
2,139
2,306
2,746
2,793
2,824
2,837
2,986
3,027
3,027
3,188
3,215
3,283
3,340
5,778
5,778
5,778
5,778
5,778
5,778
5,858
5,858
5,998
5,998
6,009
6,009
6,090
6,090
6,090
6,090
6,090
6,090
6,090
6,090
6,070
6,070
6,358
6,358
6,608
6,604
6,6046,6086,3586,3586,0706,0706,0906,0906,0906,0906,0906,0906,0906,0906,0096,0095,9985,9985,8585,8585,7785,7785,7785,7785,7785,7783,3403,2833,2153,1883,0273,0272,9862,8372,8242,7932,7462,3062,1391,9471,9471,8551,5101,3541,3531,19900
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income -7,632-7,637-7,685-7,688-4,629-4,656-4,81200000000000000000000000000000-139000-78000-44000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,625,568
0
3,625,568
0
3,625,488
0
3,625,348
0
3,625,337
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000003,625,33703,625,34803,625,48803,625,56803,625,5680000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
307,371
369,334
369,760
428,595
584,830
634,650
634,581
726,810
828,622
1,077,347
1,078,656
1,087,232
1,087,261
1,216,893
1,216,833
1,216,861
1,371,750
1,371,739
1,443,715
1,446,611
0
0
0
3,625,568
0
3,625,568
0
3,625,488
-3,627
3,621,721
-6,456
3,618,881
-6,456
3,543,605
-6,646
2,043,415
-3,384
3,546,677
-4,827
3,195,234
3,190,735
3,186,079
3,172,435
3,164,747
3,137,063
3,127,300
3,127,3003,137,0633,164,7473,172,4353,186,0793,190,7353,195,234-4,8273,546,677-3,3842,043,415-6,6463,543,605-6,4563,618,881-6,4563,621,721-3,6273,625,48803,625,56803,625,5680001,446,6111,443,7151,371,7391,371,7501,216,8611,216,8331,216,8931,087,2611,087,2321,078,6561,077,347828,622726,810634,581634,650584,830428,595369,760369,334307,37100



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.