Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 322.9 - -
Change - -36.85% -18.41% -19.35% 0.53% -43.13% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 606.7 614.2 605.9
Change - -31.26% -8.25% -13.48% 3.1% -26.49% 1.24% -1.35%
P/E 27.3x 30.1x 219x 70.4x 31.3x 12.3x 8.65x 6.97x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.55x 1.35x 1.16x
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 4.42x 3.9x 3.49x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 10.4x 8.43x 7x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 14.5x 11.4x 8.68x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 6.91% 8.76% 11.5%
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% 1.65% 1.76% 1.88%
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 50.40 50.40 50.40
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.($)
12.45x0.37x4.46x1.62% 375M
24.52x4.03x14.05x2.68% 237B
13.65x2.49x9.18x6.08% 81.47B
-79.36x12.49x72.3x-.--% 78.54B
9.28x1.01x5.33x5.2% 76.39B
18.3x4.83x11.93x3.11% 54.37B
13.83x2.02x8.46x5.6% 45.63B
12.64x1.44x9.9x1.28% 34.26B
15.6x1.95x9.2x5.64% 32.37B
20.12x1.36x9.7x0.87% 30.83B
Average 6.10x 3.20x 15.45x 3.21% 67.13B
Weighted average by Cap. 6.84x 4.06x 18.08x 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

-40%: Exceptional extension
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