Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 385.1 - -
Change - -36.85% -18.41% -19.35% 0.53% -32.18% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 668.7 676.4 668.1
Change - -31.26% -8.25% -13.48% 3.1% -18.97% 1.15% -1.23%
P/E 27.3x 30.1x 219x 70.4x 31.3x 14.6x 10.3x 8.32x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.85x 1.61x 1.38x
PEG - -0.7x -2.5x 0x 0x 0.3x 0.2x 0.3x
Capitalization / Revenue 2x 0.95x 0.62x 0.44x 0.39x 0.24x 0.21x 0.2x
EV / Revenue 2.16x 1.12x 0.81x 0.62x 0.56x 0.41x 0.37x 0.34x
EV / EBITDA 14.3x 10.9x 11.6x 8.14x 6.68x 4.88x 4.29x 3.85x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 11.5x 9.28x 7.72x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 15.9x 12.6x 9.57x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 6.27% 7.96% 10.5%
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% 1.38% 1.47% 1.58%
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 98.35 123.6 137.1 157.6 173.7
EBIT 1 66.42 48.15 22.31 30.84 50.56 58.29 72.88 86.58
Net income 1 47.93 28.79 3.41 10.2 17.46 26.74 37.86 46.9
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 60.10 60.10 60.10
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.42x3.77x13.18x2.86% 222B
-116.48x18.54x107.06x-.--% 115B
13.35x1.47x7.74x3.6% 110B
15.22x2.78x10.51x5.4% 89.13B
19.89x5.24x12.87x2.86% 59.95B
15.4x2.25x9.55x5.07% 49.94B
21.76x1.58x10.05x0.87% 40.92B
20.86x1.7x10.55x1.4% 40.32B
18.6x2.39x11.35x4.65% 38.74B
Average 3.56x 4.42x 21.43x 2.97% 85.19B
Weighted average by Cap. -1.26x 5.27x 25.53x 2.89%

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