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 2,315 - -
Change - -32.23% 61.44% 61.62% -4.2% 51.15% - -
Enterprise Value (EV) 1 1,119 937.9 989.1 1,696 1,608 2,375 2,227 2,172
Change - -16.15% 5.46% 71.43% -5.18% 47.73% -6.21% -2.49%
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 0.14x 0.14x 0.14x
EV / Revenue 0.09x 0.07x 0.05x 0.12x 0.11x 0.15x 0.14x 0.13x
EV / EBITDA 6.12x 4.05x - 5.49x 5.57x 6.82x 6.56x 6.49x
EV / EBIT 6.75x 4.41x - 5.93x 6.02x 7.24x 6.95x 6.76x
EV / FCF -5.02x -33.9x - 7.43x 15.4x 14.2x 7.39x 10.8x
FCF Yield -19.9% -2.95% - 13.5% 6.5% 7.03% 13.5% 9.3%
Dividend per Share 2 1 0.9972 - 2 - 6.45 7.49 7.05
Rate of return 1.79% 2.62% - 1.98% - 4.36% 5.07% 4.77%
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 97.00 147.80 147.80 147.80
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 0.15x6.82x4.36% 622M
28.17x1.9x17.54x0.52% 310B
28.98x11.73x21.14x0.3% 225B
25.72x2.02x10.54x0.98% 76.29B
18.52x0.46x8.32x1.78% 52.21B
30.58x5.37x18.57x1.17% 38.83B
39.59x24.28x30.07x1.12% 41.15B
12.98x0.56x6.81x4.08% 26.89B
11.99x0.63x9.4x5.55% 21.88B
16.61x0.31x9.2x0.73% 21.1B
Average 23.68x 4.74x 13.84x 2.06% 81.44B
Weighted average by Cap. 27.00x 5.72x 17.17x 0.9%

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