Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 328 - -
Change - -36.85% -18.41% -19.35% 0.53% -42.22% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 611.8 619.3 611
Change - -31.26% -8.25% -13.48% 3.1% -25.87% 1.23% -1.33%
P/E 27.3x 30.1x 219x 70.4x 31.3x 12.4x 8.79x 7.09x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.58x 1.37x 1.18x
PEG - -0.7x -2.5x 0x 0x 0.3x 0.2x 0.3x
Capitalization / Revenue 2x 0.95x 0.62x 0.44x 0.39x 0.2x 0.18x 0.17x
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 4.46x 3.93x 3.52x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 10.5x 8.5x 7.05x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 14.6x 11.5x 8.75x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 6.85% 8.69% 11.4%
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% 1.62% 1.73% 1.86%
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 51.20 51.20 51.20
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.($)
27.94x4.49x15.67x2.35% 270B
-91.57x14.47x83.76x-.--% 90.62B
10.05x1.1x5.78x4.8% 82.75B
13.41x2.45x9.24x6.13% 78.49B
19x5.01x12.36x2.99% 57.15B
13.87x2.02x8.48x5.61% 45.32B
19.09x1.53x9.63x1.5% 35.95B
20.08x1.48x9.43x0.99% 35.58B
15.86x2.03x9.43x5.45% 33.03B
Average 5.30x 3.84x 18.20x 3.31% 81.02B
Weighted average by Cap. 6.55x 4.61x 20.73x 3.03%

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