Danone S.A. Stock BN, quote Euronext Paris

Previous close	58.72
Open	58.50
Bid	0.00 x 0
Ask	0.00 x 0
Day's range	58.50 - 59.16
52 week range	50.59 - 63.80
Volume	1,184,026
Average volume	1,025,696

Market Cap	38.116B
Beta (5 year Monthly)	0.43
PER	28.96
EPS	2.04
Earnings date	Feb 22, 2024
Forward dividend & yield	2.10 (3.58%)
Ex-Dividend date	May 03, 2024
1 year target	62.80

Danone S.A. stock reports 2025 sales of 24 281 000 000.
Its closing price is 58.72 and analysts have a target price of 62.80. In the last 52 weeks, its price has fluctuated between 50.59 and 63.80.
Danone S.A. has a market capitalization of 34590000000, a PER of 28.96 and earnings per share of 2.04.

Finances Danone S.A.

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Revenue estimate number of analysts : 24

Valuation

52 week range

50.59

58.72

63.80

1 year target

58.72

<- 7% ->

62.80

PER
28.96

PEG
3.74

P/FCF
14

Price to Book
1.87

Book value
28.92

Return on Equity
9.40%

Return on Assets
4.59%

Financials

All figures on Danone S.A. for the last 5 years.

Statistics

Valuation

Marketcap (intraday)	34.59B
Enterprise value	45.62B
Trailing P/E	22.08
Forward P/E	16.42
PEG Ratio (5 yr expected)	3.74
Price to sales (ttm)	1.34
Price to Book (MRQ) (mrq)	1.87
Enterprise value/Revenue	1.77
Enterprise value/EBITDA	10.91

Income statement

Revenue (ttm)	25.77B
Revenue Per Share (ttm)	40.24
Quarterly Revenue Growth (yoy)	12.60%
Gross Profit (ttm)	11.52B
EBITDA	4.59B
Net Income available to Common (ttm)	1.57B
Diluted EPS (ttm)	2.45
Quarterly Earnings Growth (yoy)	-31.00%

Price history

Beta (5 year Monthly)	0.52
52-Week Change	-15.88%
S&P500 52-Week Change	-7.20%
52 Week High	65.30
52 Week Low	46.47
50-Day Moving Average	53.45
200-Day Moving Average	54.31

Profitability

Profit Margin	6.18%
Operating Margin (ttm)	13.18%

Fiscal Year

Fiscal year ends	Dec 31, 2021
Most Recent Quarter (mrq)	Jun 30, 2022

Management Effectiveness

Return on Assets (ttm)	4.59%
Return on Equity (ttm)	9.40%

Statistics

Avg Vol (3 month)	1.42M
Avg Vol (10 day)	1.14M
Shares Outstanding	639.35M
Implied Shares Outstanding	N/A
Float 8	630.01M
% Held by Insiders	2.70%
% Held by Institutions	58.39%
Shares Short	N/A
Short Ratio	N/A
Short % of Float	N/A
Short % of Shares Outstanding	N/A
Shares Short (prior month)	N/A

Dividend & Splits

Forward Annual Dividend Rate	1.94
Forward Annual Dividend Yield	3.62%
Trailing Annual Dividend Rate	1.94
Trailing Annual Dividend Yield	3.62%
5 Year Average Dividend Yield	N/A
Payout Ratio	79.18%
Dividend Date	N/A
Ex-Dividend Date	May 10, 2022
Last Split Factor	2:1
Last Split Date	Jun 01, 2007

Balance sheet

Total Cash (mrq)	4.14B
Total Cash Per Share (mrq)	6.47
Total Debt (mrq)	15.74B
Total Debt/Equity (mrq)	84.55
Current Ratio (mrq)	1.00
Book Value Per Share (mrq)	28.92

Cash Flow Statement

Operating Cash Flow (ttm)	3.06B
Levered Free Cash Flow (ttm)	2.58B

Income statement

	ttm	12/31/2022	12/31/2021	12/31/2020
Chiffre d’affaires	25,771,000	27,661,000	24,281,000	23,620,000
Cost of Goods Sold (COGS) incl. D&A	13,716,000	14,922,000	12,760,000	12,267,000
Gross Profit	12,055,000	12,739,000	11,521,000	11,353,000
_OPERATING_EXPENSE	8,195,000	9,323,000	8,220,000	8,010,000
_OPERATING_INCOME	3,860,000	3,416,000	3,301,000	3,343,000
_NET_NON_OPERATING_INCOME	-274,000	-310,000	-262,000	-310,000
Pretax Income	2,512,000	1,832,000	1,995,000	2,488,000
_TAX_PROVISION	747,000	778,000	589,000	762,000
Net Income_COMMON_STOCKHOLDERS	1,569,000	945,000	1,898,000	1,941,000
_DILUTEDNet Income_COM_STOCKHOLDERS	1,569,000	945,000	1,898,000	1,941,000
_TOTAL_OPERATING_INCOME	2,786,000	2,143,000	2,257,000	2,798,000
_TOTAL_EXPENSES	21,911,000	24,245,000	20,980,000	20,277,000
Net Income_CONTINUING_DISCONTINUED_OPERATION	1,593,000	959,000	1,924,000	1,956,000
_NORMALIZED_INCOME	2,347,622	1,765,250	2,681,170	2,318,268
_INTEREST_INCOME	164,000	155,000	156,000	151,000
Interest Expense	323,000	308,000	323,000	358,000
_NET_INTEREST_INCOME	-274,000	-310,000	-262,000	-310,000
_EBIT	2,835,000	2,140,000	2,318,000	2,846,000
_EBITDA	4,180,000	4,003,000	3,583,000	4,298,000
_RECONCILED_COST_OF_REVENUE	13,716,000	14,922,000	12,760,000	12,267,000
_RECONCILED_DEPRECIATION	1,345,000	1,863,000	1,265,000	1,452,000
Net Income_CONTINUING_OPERATION_NET_MINORITY_INTEREST	1,593,000	959,000	1,924,000	1,956,000
_TOTAL_UNUSUAL_ITEMS_EXCLUDING_GOODWILL	-1,074,000	-1,075,000	-1,074,000	-522,000
_TOTAL_UNUSUAL_ITEMS	-1,074,000	-1,075,000	-1,074,000	-522,000
_NORMALIZED_EBITDA	5,254,000	5,078,000	4,657,000	4,820,000
_TAX_RATE_CALCS	0	0	0	0
_TAX_EFECT_UNUSUAL_ITEMS	-319,378	-268,750	-316,830	-159,732

Balance sheet

Fiscal year is January-December. All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

Cash & Short Term Investments

4,682

5,856

4,273

4,275

5,038

Cash Only

1,051

659

593

644

839

Cash & Short Term Investments_GROWTH

-20.05%

37.05%

-0.05%

-15.14%

-

Cash & ST Investments / Total AssetsTotal Assets

10.34%

12.89%

9.99%

9.42%

11.40%

Total Accounts Receivable

4,142

3,616

3,362

3,724

3,323

Accounts Receivables, Net

3,272

2,862

2,608

2,906

2,689

Accounts Receivables, Gross

3,370

2,956

2,714

3,020

2,809

Bad Debt/Doubtful Accounts

(98)

(94)

(106)

(114)

(120)

Other Receivables

870

754

818

634

Accounts Receivables, Gross

14.55%

7.56%

-9.72%

12.07%

-

Accounts Receivable Turnover

6.67

6.70

7.01

6.78

7.41

Inventories

2,619

1,982

1,840

1,933

1,789

Finished Goods

1,563

1,132

1,025

1,024

944

Work in Progress

244

209

218

184

168

Raw Materials

1,044

819

773

874

802

Progress Payments & Other

(232)

(178)

(176)

(149)

(125)

Other Current Assets

710

602

1,164

186

184

Miscellaneous Current Assets

710

602

1,164

186

184

Total Current Assets

12,153

12,056

10,639

10,118

10,334

Net Property, Plant & Equipment

6,752

6,843

6,572

6,844

6,174

Property, Plant & Equipment - Gross

16,641

16,021

14,804

14,822

13,510

Buildings

5,238

4,813

4,371

3,474

3,544

Machinery & Equipment

8,965

8,765

8,067

7,945

7,765

Leases

-

1,334

-

Other Property, Plant & Equipment

2,438

2,443

2,366

2,069

2,201

Accumulated Depreciation

9,889

9,178

8,232

7,978

7,336

Buildings

2,379

2,041

1,771

1,493

1,403

Machinery & Equipment

6,382

6,038

5,459

5,275

4,919

Other Property, Plant & Equipment

1,128

1,099

1,002

948

1,014

Total Investments and Advances

1,391

1,563

1,731

2,794

2,447

LT Investment - Affiliate Companies

916

1,061

1,140

2,186

2,209

Other Long-Term Investments

475

502

591

608

238

Long-Term Note Receivable

11

15

12

14

16

Intangible Assets

24,239

24,053

23,037

24,802

24,445

Net Goodwill

17,938

17,871

17,016

18,125

17,711

Net Other Intangibles

6,301

6,182

6,021

6,677

6,734

Total Assets

45,281

45,420

42,776

45,362

44,177

Assets - Total - Growth

-0.31%

6.18%

-5.70%

2.68%

-

Asset Turnover

0.61

-

Return On Average Assets

2.08%

-

All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

ST Debt & Current Portion LT Debt

3,628

4,048

4,157

4,474

3,546

Short Term Debt

1,056

1,038

1,887

1,980

1,241

Current Portion of Long Term Debt

2,572

3,010

2,270

2,494

2,305

Accounts Payable

4,899

3,998

3,467

3,959

3,675

Accounts Payable_GROWTH

22.54%

15.32%

-12.43%

7.73%

-

Other Current Liabilities

3,603

3,032

2,714

2,820

2,744

Accrued Payroll

1,113

1,019

835

917

895

Miscellaneous Current Liabilities

2,490

2,013

1,879

1,903

1,849

Total Current Liabilities

12,130

11,078

10,338

11,253

9,965

Current Ratio

1.00

1.09

1.03

0.90

1.04

Quick Ratio

0.79

0.91

0.85

0.73

0.86

Cash Ratio

0.39

0.53

0.41

0.38

0.51

Long-Term Debt

11,238

12,537

12,342

12,906

14,343

Long-Term Debt_EXC_CAPILeases

10,508

11,770

11,598

12,155

14,343

Non-Convertible Debt

10,508

11,770

11,598

12,155

14,343

Provision for Risks & Charges

1,847

2,348

1,733

1,648

1,857

Deferred Taxes

848

612

689

766

776

Deferred Taxes_CREDIT

1,583

1,502

1,474

1,556

1,537

Deferred Taxes_DEBIT

735

890

785

790

761

_OTHER_LIABILITIES

491

580

591

621

-

Other Liabilities (excl.)Deferred Income

491

580

591

621

-

Total Liabilities

27,289

28,045

26,478

27,984

27,702

Total LiabilitiesTotal Assets

60.27%

61.75%

61.90%

61.69%

62.71%

Common Equity (Total)

17,923

17,273

16,205

17,241

16,344

Common Stock Par/Carry Value

169

172

171

Additional Paid-In Capital/Capital Surplus

5,188

5,934

5,889

5,859

5,805

Retained Earnings

17,915

18,038

17,374

16,490

15,896

Cumulative Translation Adjustment/Unrealized For. Exch. Gain

(3,398

(3,835

(4,867

(2,941

(3,332

Unrealized Gain/Loss Marketable Securities

26

41

34

(2

6

Other Appropriated Reserves

(408

(697

(802

(727

(570

Treasury Stock

(1,569

(2,380

(1,595

(1,610

(1,632

_COMMON_EQUITYTotal Assets

39.58%

38.03%

37.88%

38.01%

37.00%

Total Shareholders' Equity

17,923

17,273

16,205

17,241

16,344

Total Shareholders' EquityTotal Assets

39.58%

38.03%

37.88%

38.01%

37.00%

Accumulated Minority Interest

69

102

93

137

131

Total Equity

17,992

17,375

16,298

17,378

16,475

Liabilities & Shareholders' Equity

45,281

45,420

42,776

45,362

44,177

Cash flow

	ttm	12/31/2022	12/31/2021	12/31/2020
Operating Cash Flow	3,063,000	2,964,000	3,474,000	2,967,000
Investing Cash Flow	-814,000	-749,000	561,000	-610,000
Financing Cash Flow	-2,072,000	-1,934,000	-4,027,000	-2,360,000
End cash position	781,000	1,051,000	659,000	593,000
Capital Expenditure	-971,000	-873,000	-1,043,000	-962,000
Issuance of Capital Stock	51,000	51,000	46,000	30,000
Issuance of Debt	1,198,000	600,000	2,198,000	1,600,000
Repayment of Debt	-3,516,000	-1,682,000	-2,419,000	-2,050,000
Repurchase of Capital Stock	-801,000	0	-801,000	0
Free Cash Flow	2,092,000	2,091,000	2,431,000	2,005,000

Développement durable

Last update on 9/2023

Secteurs d'implication

Products and Activities	Significant Involvement
Alcoholic Beverages	No
Adult Entertainment	No
Gambling	No
Tobacco Products	No
Animal Testing	Yes
Fur and Specialty Leather	No
Controversial Weapons	No
Small Arms	No
Catholic Values	No
GMO	No
Military Contracting	No
Pesticides	No
Thermal Coal	No
Palm Oil	No

Scores ESG

Evaluation du risque : 20 27th percentile Low

Risques sur l'Environnement

0

7.9

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Soutenabilité

0

7.5

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Gouvernance

0

4.4

Négligeable

Faible

Moyen

Élevé

Sévère

20

Niveau de controverse

0

2

Aucune

Faible

Modéré

Significatif

Grave

5

Analysts ratings

	3 months ago	1 month ago	Current
Buy	8	0	9
Overweight	2	0	2
Hold	7	0	8
Underweight	2	0	2
Sell	4	0	2
Consensus	Hold	-	Overweight

Earnings Per Shares

Quarterly

Actual Analyst range Consensus

2.00 1.50 1.00 0.50 0.00

0.35	N/A	Actual 0.93 0.37	N/A		1.76	1.91
Q42022	Q12023	Q2	Q3		Q4	Q12024

Annualy

5 4 3 2 1

Actual 1.48 0.72	3.47	3.70	3.87
FY 2022	FY 2023	FY 2024	FY 2025

BN will report Q4 earnings on 05/29/2024

Q4 2023 Estimate Trends
Current:	^€1.76
1 month ago:	^€-
3 months ago:	^€-

Q1 2024 Estimate Trends
Current:	^€1.91
1 month ago:	^€-
3 months ago:	^€-

Competitors

Danone S.A. by Warren Buffet


Compte de résultat
Croissance du CA	>0%	0.00%	0.00%	0.00%	0.00%
Croissance des bénécices brut	>0%	0.00%	0.00%	0.00%	0.00%
Croissance du résultat d'exploitation avant intérêts et impôts (EBIT)	>0%	0.00%	0.00%	0.00%	0.00%
Croissance résultat net	>15%	0.00%	0.00%	0.00%	0.00%
Profitabilité pour l'actionnaire (ROE)		0.00%	0.00%	0.00%	0.00%	0.00%
Marge brut	>40%	0.00%	0.00%	0.00%	0.00%	0.00%
Marge opérationnelle		0.00%	0.00%	0.00%	0.00%	0.00%
Marge nette	>10%	0.00%	0.00%	0.00%	0.00%	0.00%
Capacité à attirer de nouveaux clients	<30%	0.00%	0.00%	0.00%	0.00%	0.00%
Coût de la R&D	<5%	0.00%	0.00%	0.00%	0.00%	0.00%
Charges d'intérêts	<15%	0.00%	0.00%	0.00%	0.00%	0.00%
Bilan
Liquidité : Capacité de l'entreprise à rembourser ses dettes à COURT terme
Ratio de liquidité général (current ratio)	>1	1.00	1.09	1.00	0.91	1.11
Ratio de liquidité restreinte (quick ratio)	>1	0.42	0.55	0.50	0.45	0.67
Ratio de liquidité immédiate (cash ratio)	>1	0.09	0.11	0.10	0.09	0.11
Solvabilité : Capacité de l'entreprise à rembourser ses dettes à LONG terme
Approche 1	<0	5 826	5 914	7 325	7 880	9 305
Net LT debt to equity	<100%	32.51%	34.24%	45.20%	45.71%	56.93%
Approche 2		-	-	-	-	-
Dette nette totale / capitaux propres	<100%	-	-	-	-	-
Approche 3		-	-	-	-
Net total debt to equity	<100%	-	-	-	-
Levier Financier
Passif total / cap. propres	<2	-	-	-	-
Rendement du capitaux propre	> 15%	-	-	-	-

Résultats du ratio de Piotroski F-Score Stock Screen pour Danone S.A.

Objet : Estimer la qualité fondamentale de vos placements (fondamentaux solides + valeur résiliente à long terme) par M. Joseph Piotroski
Objectif : Score entre 8 et 9

Thème	2021	2020	2019	2018	2017	Formule
Rentabilité
Rendement de l'actif (ROA)	0	0	0	0	0	(Résultat net / Actifs totaux) > 0
Flux de trésorerie d'exploitation	1	1	1	0	-	Flux de trésorerie > 0
Direction du ROA					-	Si ROA N > ROA N-1
Vérification de la compatbilité de l'exercice					-	Cashflow opérationnel > Résultat net
Structure du Capital
Ratio Dette LT / Actifs Totaux	0	0	0	0	-	Dette long terme / Actifs Totaux N sur N-1
Ratio de liquidité (Current ratio)	0	1	1	0	-	Actifs CT / Passifs CT N sur N-1
Emission d'actions					-	Emission d'actions (ou rachat d'action) oui/non
Efficacité opérationnelle
Orientation de la marge brute					-	Marge brute en hausse ? oui/non
Rotation des actifs					-	(Ventes / actifs) > 0
	1	1	1		-

FY 2023 Estimate Trends
Current:	^€3.47
1 month ago:	^€0.73
3 months ago:	^€0.74

FY 2024 Estimate Trends
Current:	^€3.70
1 month ago:	^€0.76
3 months ago:	^€0.77

Danone S.A. - BN

Finances Danone S.A.

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Valuation

Financials

Statistics

Valuation

Income statement

Price history

Profitability

Fiscal Year

Management Effectiveness

Statistics

Dividend & Splits

Balance sheet

Cash Flow Statement

Income statement

Balance sheet

Cash flow

Développement durable

Secteurs d'implication

Scores ESG

Niveau de controverse

Analysts ratings

Analysts ratings

Earnings Per Shares

Competitors

Danone S.A. by Warren Buffet

Résultats du ratio de Piotroski F-Score Stock Screen pour Danone S.A.