SHARE PERFORMANCE
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Data delayed at least 60 minutes as 2024-10-04
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Batteries

Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications

Automotive
Automotive
Agriculture
Agriculture
Public Transportation
Public Transportation
Marine
Marine
Defence
Defence
Industrial
Industrial
Aerospace
Aerospace
Telecommunications
Telecommunications
Renewable sources
Renewable sources

LEAD ACID BATTERIES

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The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:

  • starter batteries
  • stationary batteries
  • deep cycle batteries
  • special batteries
  • locomotives batteries
  • leisure batteries

RECYCLING

RECYCLING contacts

The division operates in recycling and trading activities of

  • lead acid scrap batteries
  • lead alloys
  • polyethylene and polypropylene materials

Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.

LITHIUM ION SOLUTIONS

explore our LITHIUM ION SOLUTIONS

The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:

  • public transport
  • commercial fleet
  • construction machines
  • marine
  • harbour
  • and airport operations

Key Performance Indicators

  • EXECUTIVE SUMMARY
  • ENTERPRISE VALUE
  • SHAREHOLDERS EARNINGS
  • OPERATIONAL PERFORMANCE
  • CORPORATE VALUATION
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
Adjusted Sales from continuing operations €/000 103,457 191,124 195,978 198,188 189,756
Net Profit from continuing operations €/000 7,520 10,283 3,570 2,311 1,729
Gain on investments €/000 (115)
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 1,729
EBITDA from continuing operations €/000 15,441 22,872 17,867 20,206 21,158
Adjustments €/000 654 246 196 196
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 21,354
Net Profit Ratio from continiuing operations % (Without Gain on investment) % 7.3% 5.4% 1.9% 1.2% 0.9%
Adjusted EBITDA from continuing operations Ratio % % 14.9% 12.3% 9.2% 10.3% 11.3%
Average Share Price 2.50 2.84 2.72 2.21 1.95
Earnings per Share from continiuing operations (EPS) 0.21 0.26 0.09 0.06 0.04
Average Daily Market Cap €/000 91,541 110,808 105,814 85,958 75,894
Enterprise Value (EV) €/000 120,217 200,160 210,242 194,379 178,478
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 8.36x
Price-Earnings Ratio (P/E) 12.17x 10.78x 29.64x 37.19x 43.90x
Market-Book Ratio (M/B) 1.42x 1.03x 0.93x 0.76x 0.66x
Net Debt €/000 28,815 88,656 96,796 101,089 95,012
CAPEX €/000 5,048 10,020 13,115 10,964 4,665
Assets Acquired Through Business Combinations €/000 4,100 6,500
Net Debt/Adj. EBITDA 1.87x 3.77x 5.34x 4.95x 4.45x
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
86 298 83.4% (8 433) (4.3%)
(5 791) (77.0%) (582) (25.2%)
n.a. n.a. n.a n.a.
(5 791) (77.0%) (582) (25.2%)
5 717 37.0% 953 4.7%
196 100% n.a 0%
5 913 38.3% 953 4.7%
(6.4%) (87.5%) (0.3%) (21.9%)
(3.7%) (24.6%) 1% 9.3%
(0.56) (22.2%) (0.26) (11.7%)
(0.16) (78.4%) (0.01) (25.2%)
(15 647) (17.1%) (10 064) (11.7%)
58 261 48.5% (15 901) (8.2%)
0.57x 7.4% (1.17x) (12.3%)
31.73x >100% 6.71x 18.0%
(0.75x) (53.2%) (0.09x) (12.5%)
66 196 >100% (6 077) (6.0%)
(384) (7.6%) (6 300) (57.5%)
n.a. n.a. n.a n.a.
2.58x >100% (0.51x) (10.2%)
TTM Q2 2024
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 21,354
Average Daily Market Cap €/000 91,541 110,808 105,814 85,958 75,894
Net Debt €/000 28,815 88,656 96,796 101,089 95,012
Minority Interest €/000 (140) 695 7,633 7,333 7,572
Enterprise Value (EV) €/000 120,217 200,160 210,242 194,379 178,478
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 8.36x
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
5 913 38.3% 953 4.7%
(15 647) (17.1%) (10 064) (11.7%)
66 196 >100% (6 077) (6.0%)
7 712 >(100%) 239 3.3%
58 261 48.5% (15 901) (8.2%)
0.57x 7.4% (1.17x) (12.3%)
TTM Q2 2024
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
Average Share Price 2.50 2.84 2.72 2.21 1.95
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 1,729
Gain on investments €/000 (115)
Net Profit from continuing operations €/000 7,520 10,283 3,570 2,311 1,729
Distributed Dividend €/000 1,010 3,579 2,812 2,045
Earnings per Share from continuing operations (EPS) 0.21 0.26 0.09 0.06 0.04
Dividend per Share (DPS) 0.03 0.09 0.07 0.05
Dividend Cover 7.44 2.87 1.31 1.13 n.a
Dividend Payout Ratio % 13.4% 0.35 78.8% 88.5% n.a
Earnings Yield % 8.2% 9.3% 3.4% 2.7% 2.3%
Dividend Yield % 1.1% 0.03 2.7% 2.4% 0.0%
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
(0.56) (22.2%) (0.26) (11.7%)
(5 791) (77.0%) (582) (25.2%)
n.a. n.a. 0%
(5 791) (77.0%) (582) (25.2%)
(1 010) (100%) (2 045) (100%)
(0.16) (78.4%) (0.01) (25.2%)
(0.03) (100%) (0.05) (100%)
n.a n.a. n.a. n.a.
(13.4%) (100%) (88.5%) (100%)
(5.9%) (72.3%) (0.4%) (15.3%)
(1.1%) (100%) (2.4%) (100%)
TTM Q2 2024
EBITDA and NET PROFIT
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
Net sales from continuing operations €/000 103,457 191,124 195,978 198,188 189,756
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 1,729
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 21,354
Net Profit from continuing operations Ratio (%) % 7.3% 5.4% 1.9% 1.2% 0.9%
Adjusted EBITDA from continuing operations Ratio (%) % 14.9% 12.3% 9.2% 10.3% 11.3%
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
86 298 83.4% (8 433) (4.3%)
(5 791) (77.0%) (582) (25.2%)
5 913 38.3% 953 4.7%
(6.4%) (87.47%) (0.3%) (21.87%)
(3.7%) (24.6%) 1.0% 9.32%
TTM Q2 2024
NET DEBTS
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
Short-Term Loans €/000 21,000 49,423 55,383 67,176 65,449
Long-Term Loans €/000 5,571 16,664 15,934 15,390 22,301
Leasing €/000 1,273 874 1,986 2,176 1,861
Bond Obligation €/000 26,310 27,652 22,848 14,338
Factoring €/000 2,315
Cash and Cash Equivalents €/000 1,343 4,614 4,160 6,502 8,936
Net Debt €/000 28,815 88,656 96,796 101,089 95,012
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
44 449 >100% (1 727) (2.6%)
16 730 >100% 6 910 44.9%
588 46.2% (315) (14.5%)
14 338 n.a. (8 510) (37.2%)
(2 315) (100.0%) 0 n.a.
7 594 >100% 2 434 37.4%
66 196 >100% (6 077) (6.0%)
TTM Q2 2024
Description Units Baseline 2012 2021 2022 2023 TTM Q2 2024
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 8.36x
Return on Equity (ROE) % 11.6% 9.6% 3.1% 2.00% 1.50%
Price-Earnings Ratio (P/E) 12.17x 10.78x 29.64x 37.19x 43.90x
Market-Book Ratio (M/B) 1.42x 1.03x 0.93x 0.76x 0.66x
TTM Q2 2024 to Baseline 2012 Evolution % TTM Q2 2024 vs 2023 TTM Q2 2024 vs 2023 %
0.57x 7.4% (1.17x) (12.3%)
(10.1%) n.a. (0.5%) n.a.
31.73x >100% 6.71x (18.0%)
(0.75x) (53.2%) (0.09x) (12.5%)
TTM Q2 2024