Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 317.5 - -
Change - -36.85% -18.41% -19.35% 0.53% -44.09% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 601.2 608.7 600.5
Change - -31.26% -8.25% -13.48% 3.1% -27.15% 1.25% -1.36%
P/E 27.3x 30.1x 219x 70.4x 31.3x 12x 8.5x 6.86x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.53x 1.33x 1.14x
PEG - -0.7x -2.5x 0x 0x 0.3x 0.2x 0.3x
Capitalization / Revenue 2x 0.95x 0.62x 0.44x 0.39x 0.19x 0.18x 0.16x
EV / Revenue 2.16x 1.12x 0.81x 0.62x 0.56x 0.37x 0.34x 0.31x
EV / EBITDA 14.3x 10.9x 11.6x 8.14x 6.68x 4.38x 3.87x 3.46x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 10.3x 8.35x 6.93x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 14.3x 11.3x 8.6x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 6.97% 8.84% 11.6%
Dividend per Share 2 0.6 0.65 0.7 0.75 0.78 0.83 0.886 0.95
Rate of return 0.29% 0.49% 0.65% 0.85% 0.88% 1.68% 1.79% 1.92%
EPS 2 7.65 4.38 0.49 1.25 2.83 4.112 5.828 7.226
Distribution rate 7.84% 14.8% 143% 60% 27.6% 20.2% 15.2% 13.1%
Net sales 1 678.3 900.3 1,136 1,297 1,466 1,632 1,805 1,942
EBITDA 1 102.4 92.91 80.03 98.35 123.6 137.2 157.5 173.7
EBIT 1 66.42 48.15 22.31 30.84 50.56 58.2 72.9 86.62
Net income 1 47.93 28.79 3.41 10.2 17.46 26.67 37.85 46.82
Net Debt 1 107.8 150.1 224.9 235.7 257.5 283.7 291.3 283
Reference price 2 209.00 131.80 107.40 88.00 88.70 49.55 49.55 49.55
Nbr of stocks (in thousands) 6,503 6,512 6,520 6,418 6,401 6,407 - -
Announcement Date 3/29/22 3/31/23 3/25/24 3/26/25 3/30/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.11x4.1x14.32x2.61% 243B
13.44x2.45x9.03x6.15% 80.32B
9.35x1.02x5.37x5.16% 76.99B
-79.53x12.51x72.45x-.--% 78.7B
18.75x4.9x12.12x3.06% 55.16B
13.49x1.97x8.24x5.76% 44.66B
12.64x1.44x9.9x1.28% 34.2B
14.99x1.91x8.86x5.76% 31.56B
17.41x1.27x8.11x1.13% 30.83B
Average 5.07x 3.51x 16.49x 3.43% 75.02B
Weighted average by Cap. 6.98x 4.09x 18.10x 3.28%

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