Analysts and consensus
Analysts
The following institutions actively monitor Kinepolis and publish regular analyst's reports:
Kepler Cheuvreux
Rating
Buy
Target price
€46,00
Matthias Maenhaut
Place Rogier 11, Brussel
mmaenhaut@keplercheuvreux.com
Kempen & Co nv
Rating
Hold
Target price
€44,00
Emmanuel Carlier
Beethovenstraat 300, 1070 AR Amsterdam
+31 20 348 8000
emmanuel.carlier@kempen.com
ING Financial Markets
Rating
Hold
Target price
€59,00
David Vagman
Avenue Marnix 24 (MAII +5), B-1000 Brussel
david.vagman@ing.be
KBC Securities
Rating
Buy
Target price
€57,00
Guy Sips
Havenlaan 12, B-1000 Brussel
+32 2 429 37 10
guy.sips@kbcsecurities.be
Degroof Petercam
Rating
Buy
Target price
€50,00
Fernand de Boer
Kantoor Amsterdam
f.deboer@degroofpetercam.com
Berenberg
Rating
Buy
Target price
€67,00
Anna Patrice
+44 20 3207 7863
anna.patrice@berenberg.com
RBC Capital Markets
Rating
Sector Perform
Target price
€52,00
Julian Easthope
Thames Court, One Queenhithe, London, EC4V 3DQ, UK
+44 20 7653 4064
julian.easthope@rbccm.com
Consensus
Sell side consensus FY 2020 results
| in € million | average | high | low |
|---|---|---|---|
| Sales | 427.0 | 498.7 | 388.0 |
| (Adjusted) EBITDA before IFRS 16 | 85.3 | 100.0 | 60.0 |
| (Adjusted) EBITDA after IFRS 16 | 130.1 | 132.9 | 127.3 |
| EBIT before IFRS 16 | 52.7 | 53.0 | 52.3 |
| EBIT after IFRS 16 | 57.4 | 59.3 | 55.4 |
| Net Result | 26.1 | 29.0 | 23.3 |
| Net Debt before IFRS 16 | 418.1 | 450.0 | 384.1 |
| Net Debt after IFRS 16 | 762.5 | 802.9 | 722.1 |
This consensus is based on 4 analyst reports which updated their model with an estimation on the Covid-19 impact.
Sell side consensus FY 2021 results
| in € million | average | high | low |
|---|---|---|---|
| Sales | 625.6 | 655.2 | 586.7 |
| (Adjusted) EBITDA before IFRS 16 | 156.7 | 164.2 | 144.8 |
| (Adjusted) EBITDA after IFRS 16 | 187.9 | 191.6 | 174.1 |
| EBIT before IFRS 16 | 108.3 | 114.0 | 98.4 |
| EBIT after IFRS 16 | 107.8 | 116.9 | 101.5 |
| Net Result | 67.0 | 74.0 | 59.2 |
| Net Debt before IFRS 16 | 324.0 | 391.0 | 286.8 |
| Net Debt after IFRS 16 | 695.5 | 862.7 | 620.5 |