Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 339.6 - -
Change - -36.85% -18.41% -19.35% 0.53% -40.19% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 623.3 630.8 622.6
Change - -31.26% -8.25% -13.48% 3.1% -24.47% 1.21% -1.31%
P/E 27.3x 30.1x 219x 70.4x 31.3x 12.9x 9.09x 7.33x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.63x 1.42x 1.22x
PEG - -0.7x -2.5x 0x 0x 0.3x 0.2x 0.3x
Capitalization / Revenue 2x 0.95x 0.62x 0.44x 0.39x 0.21x 0.19x 0.17x
EV / Revenue 2.16x 1.12x 0.81x 0.62x 0.56x 0.38x 0.35x 0.32x
EV / EBITDA 14.3x 10.9x 11.6x 8.14x 6.68x 4.54x 4.01x 3.58x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 10.7x 8.65x 7.19x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 14.9x 11.7x 8.92x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 6.73% 8.53% 11.2%
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% 1.57% 1.67% 1.79%
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 53.00 53.00 53.00
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.($)
26.33x4.27x14.9x2.49% 255B
12.3x1.31x6.87x3.93% 102B
14.11x2.58x9.51x5.88% 84.15B
-83.47x13.15x76.29x-.--% 82.6B
19.02x5x12.35x2.99% 57.23B
14.85x2.18x9.14x5.22% 48.95B
12.99x1.49x10.19x1.24% 35.42B
15.79x2x9.45x5.47% 33.17B
20.64x1.4x9.95x0.85% 31.82B
Average 5.84x 3.71x 17.63x 3.12% 81.05B
Weighted average by Cap. 7.82x 4.22x 18.83x 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

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