Applus Services SA

Chart & Performance

D1W1MN

P/E

81.19

P/S

0.80

EPS

0.16

Div Yield, %

1.26%

Shrs. gr., 5y

-1.92%

Rev. gr., 5y

4.19%

Revenues

2.06b

+0.39%

Net income

20m

-58.45%

CFO

324m

+30.05%

Dividend

Jul 04, 20230.16 EUR/sh

Earnings

Feb 27, 2025

Profile

Applus Services, S.A., together with its subsidiaries, provides testing, inspection, and certification services. It operates through four segments: Applus+ Energy & lndustry, Applus+ Laboratories, Applus+ Automotive, and Applus+ IDIADA. The Applus+ Energy & lndustry segment offers non-destructive testing, quality control, and accreditation services, as well as project management, supplier inspection, facility inspection, and asset certification and integrity services. This segment also provides qualified staff recruitment and hiring services for the oil and gas, aircraft, energy, mining, telecommunications, and construction industries. The Applus+ Laboratories segment offers a range of laboratory testing, system certification, and product development services across various industries and electronic payment systems, including aerospace and industrial sectors. The Applus+ Automotive segment provides mandatory vehicle roadworthiness testing services, as well as verifies vehicles' compliance with safety and emissions regulations in force in various countries. The Applus+ IDIADA segment offers design, engineering, testing, and certification services primarily to car manufacturers. It operates in Spain, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company was formerly known as Applus Technologies Holding, S.L. and changed its name to Applus Services, S.A. in March 2014. Applus Services, S.A. was founded in 1996 and is headquartered in Madrid, Spain.

URL

https://www.applus.com/

IPO date

May 09, 2014

Employees

25,870

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	2,057,916 0.39%	2,049,943 15.38%	1,776,746 14.07%
Cost of revenue	1,338,544	206,877	154,402
Unusual Expense (Income)
NOPBT	719,372	1,843,066	1,622,344
NOPBT Margin	34.96%	89.91%	91.31%
Operating Taxes	28,718	29,549	25,610
Tax Rate	3.99%	1.60%	1.58%
NOPAT	690,654	1,813,517	1,596,734
Net income	20,191 -58.45%	48,600 -2.81%	50,007 -135.44%
Dividends	(20,628)	(20,321)	(21,453)
Dividend yield	1.59%	2.31%	1.85%
Proceeds from repurchase of equity	(36,103)	(124,984)
BB yield	2.78%	14.22%
Debt
Debt current	108,688	82,540	101,584
Long-term debt	1,157,857	1,139,183	1,067,273
Deferred revenue		129,988	117,005
Other long-term liabilities	133,183	17,258	14,735
Net debt	1,078,081	1,054,245	1,009,503
Cash flow
Cash from operating activities	323,794	248,975	187,588
CAPEX	(79,270)	(66,077)	(63,077)
Cash from investing activities	(155,595)	(128,873)	(136,738)
Cash from financing activities	(141,733)	(118,078)	(68,701)
FCF	617,666	1,804,958	1,523,818
Balance
Cash	207,154	190,433	182,930
Long term investments	(18,690)	(22,955)	(23,576)
Excess cash	85,568	64,981	70,517
Stockholders' equity	140,728	251,113	281,698
Invested Capital	1,710,479	1,660,448	1,612,596
ROIC	40.98%	110.82%	104.77%
ROCE	38.00%	100.47%	89.85%
EV
Common stock shares outstanding	129,837	136,888	143,018
Price	10.00 55.76%	6.42 -20.64%	8.09 -10.31%
Market cap	1,298,366 47.74%	878,823 -24.04%	1,157,019 -10.31%
EV	2,425,007	2,012,708	2,276,553
EBITDA	900,863	2,028,732	1,787,196
EV/EBITDA	2.69	0.99	1.27
Interest	43,805	22,352	20,105
Interest/NOPBT	6.09%	1.21%	1.24%