Company Valuation: AB SA

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 904 612.7 989.1 1,599 1,531 2,142 - -
Change - -32.23% 61.44% 61.62% -4.2% 39.9% - -
Enterprise Value (EV) 1 1,119 937.9 989.1 1,696 1,608 2,203 2,055 2,000
Change - -16.15% 5.46% 71.43% -5.18% 37.01% -6.7% -2.7%
P/E 7.33x 4.07x 5.25x 9.16x 8.81x - - -
PBR - - - - - - - -
PEG - 0.2x 0.2x -1.37x -48.59x - - -
Capitalization / Revenue 0.07x 0.04x 0.05x 0.11x 0.1x 0.13x 0.13x 0.13x
EV / Revenue 0.09x 0.07x 0.05x 0.12x 0.11x 0.14x 0.13x 0.12x
EV / EBITDA 6.12x 4.05x - 5.49x 5.57x 6.33x 6.05x 5.97x
EV / EBIT 6.75x 4.41x - 5.93x 6.02x 6.72x 6.42x 6.23x
EV / FCF -5.02x -33.9x - 7.43x 15.4x 13.2x 6.82x 9.9x
FCF Yield -19.9% -2.95% - 13.5% 6.5% 7.58% 14.7% 10.1%
Dividend per Share 2 1 0.9972 - 2 - 6.45 7.49 7.05
Rate of return 1.79% 2.62% - 1.98% - 4.71% 5.48% 5.15%
EPS 2 7.64 9.34 11.82 11.03 11.01 - - -
Distribution rate 13.1% 10.7% - 18.1% - - - -
Net sales 1 13,074 14,031 19,226 14,658 14,931 16,009 16,075 16,318
EBITDA 1 182.8 231.4 - 308.6 288.9 348 339.8 334.9
EBIT 1 165.8 212.5 - 285.7 267 328 320.3 321.2
Net income 1 123.7 151.1 - 174.7 173.9 219.2 217.3 218.4
Net Debt 1 214.5 325.2 - 97.02 76.31 60.3 -87.3 -142.7
Reference price 2 56.00 38.00 62.00 101.00 97.00 136.80 136.80 136.80
Nbr of stocks (in thousands) 16,143 16,123 15,953 15,827 15,787 15,661 - -
Announcement Date 9/21/21 9/20/22 1/23/24 1/6/25 1/21/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.14x6.42x4.65% 578M
23.75x1.65x15.1x0.61% 265B
78.28x19.42x53.06x0.28% 232B
21.2x1.7x8.93x1.22% 61.87B
23.49x0.44x8.56x1.72% 37.94B
26.39x4.26x16.83x1.53% 30.88B
89.32x - - 0.1% 24.63B
19.34x0.33x9.19x0.7% 22.03B
39.2x22.57x32.27x1.18% 21.91B
10.12x0.45x5.55x5.23% 20.96B
Average 36.79x 5.66x 17.32x 1.72% 71.73B
Weighted average by Cap. 43.47x 8.24x 27.04x 0.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield