SHARE PERFORMANCE
BGN 2.84 0 %
Data delayed at least 60 minutes as 2024-06-20
Menu
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

Explore our portfolio

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 Q1 2024
Adjusted Sales from continuing operations €/000 103,457 191,124 195,978 198,188 191,320
Net Profit from continuing operations €/000 7,520 10,283 3,570 2,311 2,414
Gain on investments €/000 (115)
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 2,414
EBITDA from continuing operations €/000 15,441 22,872 17,867 20,206 20,773
Adjustments €/000 654 246 196 196
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 20,969
Net Profit Ratio from continiuing operations % (Without Gain on investment) % 7.3% 5.4% 1.9% 1.2% 1.3%
Adjusted EBITDA from continuing operations Ratio % % 14.9% 12.3% 9.2% 10.3% 11.0%
Average Share Price 2.50 2.84 2.72 2.21 2.10
Earnings per Share from continiuing operations (EPS) 0.21 0.26 0.09 0.06 0.06
Average Daily Market Cap €/000 91,541 110,808 105,814 85,958 81,874
Enterprise Value (EV) €/000 120,217 200,160 210,242 194,379 188,671
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 9.00x
Price-Earnings Ratio (P/E) 12.17x 10.78x 29.64x 37.19x 33.92x
Market-Book Ratio (M/B) 1.42x 1.03x 0.93x 0.76x 0.72x
Net Debt €/000 28,815 88,656 96,796 101,088 99,294
CAPEX €/000 5,048 10,020 13,115 10,964 2,304
Assets Acquired Through Business Combinations €/000 4,100 6,500
Net Debt/Adj. EBITDA 1.87x 3.77x 5.34x 4.95x 4.74x
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
87 862 84.9% (6 869) (3.5%)
(5 106) (67.9%) 103 4.4%
n.a. n.a. n.a n.a.
(5 106) (67.9%) 103 4.4%
5 332 34.5% 567 2.8%
196 100% n.a 0%
5 528 35.8% 567 2.8%
(6.0%) (82.6%) 0.1% 8.2%
(4.0%) (26.6%) 0.7% 6.5%
(0.40) (16.1%) (0.10) (4.8%)
(0.14) (69.9%) n.a 4.4%
(9 667) (10.6%) (4 084) (4.8%)
68 454 56.9% (5 708) (2.9%)
1.21x 15.6% (0.53x) (15.6%)
21.75x >100% (3.28x) (8.8%)
(0.70x) (49.5%) (0.04x) (5.6%)
70 479 >100% (1 794) (1.8%)
(2 744) (54.4%) (8 660) (79.0%)
n.a. n.a. n.a n.a.
2.87x >100% (0.22x) (74.4%)
TTM Q1 2024
Description Units Baseline 2012 2021 2022 2023 TTM Q1 2024
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 20,969
Average Daily Market Cap €/000 91,541 110,808 105,814 85,958 81,874
Net Debt €/000 28,815 88,656 96,796 101,088 99,294
Minority Interest €/000 (140) 695 7,633 7,333 7,501
Enterprise Value (EV) €/000 120,217 200,160 210,242 194,379 188,671
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 9.00x
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
5 528 35.8% 567 2.8%
(9 667) (10.6%) (4 084) (4.8%)
70 481 >100% (1 793) (1.8%)
7 640 >(100%) 168 2.3%
68 454 56.9% (5 708) (2.9%)
1.21x 15.6% (0.53x) (5.6%)
TTM Q1 2024
Description Units Baseline 2012 2021 2022 2023 TTM Q1 2024
Average Share Price 2.50 2.84 2.72 2.21 2.10
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 2,414
Gain on investments €/000 (115)
Net Profit from continuing operations €/000 7,520 10,283 3,570 2,311 2,414
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 0.06
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% 2.9%
Dividend Yield % 1.1% 0.03 2.7% 2.4% 2.5%
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
(0.40) (16.1%) (0.10) (4.8%)
(5 106) (67.9%) 103 4.4%
n.a. 0 0%
(5 106) (67.9%) 103 4.4%
(1 010) (100%) (2 045) (100%)
(0.14) (69.9%) 0 4.4%
(0.03) (100%) (0.05) (100%)
n.a n.a. n.a. n.a.
(13.4%) (100%) (88.5%) (100%)
(5.3%) (64.1%) 0.3% 9.7%
1.4% (100%) (2.4%) (100%)
TTM Q1 2024
EBITDA and NET PROFIT
Description Units Baseline 2012 2021 2022 2023 TTM Q1 2024
Net sales from continuing operations €/000 103,457 191,124 195,978 198,188 191,320
Net Profit from continuing operations (Without Gain on investment) €/000 7,520 10,283 3,685 2,311 2,414
Adjusted EBITDA from continuing operations €/000 15,441 23,527 18,113 20,402 20,969
Net Profit from continuing operations Ratio (%) % 7.3% 5.4% 1.9% 1.2% 1.3%
Adjusted EBITDA from continuing operations Ratio (%) % 14.9% 12.3% 9.2% 10.3% 11.0%
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
87 862 84.9% (6 869) (3.5%)
(5 106) (67.9%) 103 4.4%
5 528 35.8% 567 2.8%
(6.0%) (82.64%) 0.1% 8.2%
(4.0%) (26.57%) 0.7% 6.47%
TTM Q1 2024
NET DEBTS
Description Units Baseline 2012 2021 2022 2023 TTM Q1 2024
Short-Term Loans €/000 21,000 49,423 55,383 67,176 88,344
Long-Term Loans €/000 5,571 16,664 15,934 15,390 13,957
Leasing €/000 1,273 874 1,986 2,176 2,044
Bond Obligation €/000 26,310 27,652 22,848
Factoring €/000 2,315
Cash and Cash Equivalents €/000 1,343 4,614 4,160 6,502 5,048
Net Debt €/000 28,815 88,656 96,796 101,088 99,294
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
67 344 >100% 21 168 31.5%
8 386 >100% (1 434) (9.3%)
771 60.5% (132) (6.1%)
0 n.a. (22 848) (100%)
(2 315) (100.0%) 0 n.a.
3 706 >100% (1 454) (22.4%)
70 479 >100% (1 794) (1.8%)
TTM Q1 2024
Description Units Baseline 2012 2021 2022 2023 2023
EV/Adj. EBITDA Multiplier (Realised) 7.79x 8.51x 11.61x 9.53x 9.00x
Return on Equity (ROE) % 11.6% 9.6% 3.1% 2.00% 2.10%
Price-Earnings Ratio (P/E) 12.17x 10.78x 29.64x 37.19x 33.92x
Market-Book Ratio (M/B) 1.42x 1.03x 0.93x 0.76x 0.72x
TTM Q1 2024 to Baseline 2012 Evolution % TTM Q1 2024 vs 2023 TTM Q1 2024 vs 2023 %
1.21x 15.6% (0.53x) (5.6%)
(9.5%) n.a. 0.1% n.a.
21.75x >100% (3.28x) (8.8%)
(0.70x) (49.5%) (0.04x) (5.6%)
TTM Q1 2024