freenet AG

Chart & Performance

D1W1MN

P/E

21.01

P/S

1.24

EPS

1.30

Div Yield, %

6.15%

Shrs. gr., 5y

-1.47%

Rev. gr., 5y

-1.94%

Revenues

2.63b

+2.76%

Net income

155m

+94.96%

CFO

398m

+0.58%

Dividend

May 09, 20241.77 EUR/sh

Profile

freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the areas of mobile voice and data services. The Mobile Communications segment offers mobile communications services, such as marketing of mobile communications services, which include voice and data services from the mobile communications network operators; sells and distributes mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle; and planning, construction, installation, and maintenance services for WiFi networks. The TV and Media segment provides services to end users in the field of DVB-T2 and IPTV; and planning, project management, installation, operation, service, and marketing services for broadcast-related solutions for business clients in the radio and media sectors. The Other/Holding segment offers portal services, such as e-commerce/advertising services; payment services; various digital products and entertainment formats for downloading and displaying, as well as use on mobile devices; communication development solutions, IT solutions, and other services; and voice and data services. The company provides its services under the mobilcom debitel, GRAVIS, MEDIA BROADCAST, klarmobile.de, freenet ENERGY, vitrado.de, FUNK, freenet BASICS, freenet MOBILE, freenet VIDEO, freenet.de, freenet FLEX, freenet TV, waipu.tv, CARMADA, The Cloud, and freenet Business brands. It operates approximately 520 mobilcom-debitel shops and 40 GRAVIS stores. The company sells its products through approximately 400 electronics stores, as well as online platforms. freenet AG was founded in 2005 and is headquartered in Büdelsdorf, Germany.

URL

https://www.freenet.ag/

IPO date

Sep 28, 2009

Employees

3,658

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,627,300 2.76%	2,556,714 0.02%	2,556,320 -0.77%
Cost of revenue	2,037,132	1,891,293	1,931,652
Unusual Expense (Income)
NOPBT	590,168	665,421	624,668
NOPBT Margin	22.46%	26.03%	24.44%
Operating Taxes	63,400	32,132	26,860
Tax Rate	10.74%	4.83%	4.30%
NOPAT	526,768	633,289	597,808
Net income	154,600 94.96%	79,300 -59.98%	198,167 4.02%
Dividends	(199,700)	(186,595)	(203,734)
Dividend yield
Proceeds from repurchase of equity		(101,102)	(113,142)
BB yield
Debt
Debt current	259,000	198,131	228,932
Long-term debt	866,400	1,148,535	1,382,226
Deferred revenue		68,636	18,939
Other long-term liabilities	299,400	112,585	103,254
Net debt	793,900	1,050,397	1,122,995
Cash flow
Cash from operating activities	398,000	395,691	367,212
CAPEX	(55,600)	(62,942)	(48,226)
Cash from investing activities	(55,300)	(71,888)	(44,125)
Cash from financing activities	(360,900)	(432,068)	(703,667)
FCF	534,942	750,073	710,955
Balance
Cash	159,800	193,171	299,217
Long term investments	171,700	103,098	188,946
Excess cash	200,135	168,433	360,347
Stockholders' equity	1,436,800	1,074,281	1,188,351
Invested Capital	2,314,165	2,363,317	2,496,225
ROIC	22.52%	26.06%	23.58%
ROCE	23.47%	24.89%	20.72%
EV
Common stock shares outstanding	118,901	118,949	122,406
Price
Market cap
EV
EBITDA	840,458	1,013,615	779,130
EV/EBITDA
Interest	29,147	23,681	30,733
Interest/NOPBT	4.94%	3.56%	4.92%