Company Valuation: Amadeus FiRe AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,041 661 668.2 413.4 234.9 92.56 - -
Change - -36.48% 1.08% -38.13% -43.17% -60.6% - -
Enterprise Value (EV) 1 1,150 735.1 749.7 499.7 372.4 199.9 183.1 163.2
Change - -36.11% 2% -33.35% -25.47% -46.31% -8.4% -10.86%
P/E 29.9x 17.2x 17.3x 12.7x -98.3x 32.7x 10.4x 6.04x
PBR 7.51x 3.97x 4.69x 2.68x 1.81x 0.7x 0.66x 0.62x
PEG - 1.7x 2.83x -0.8x 1x -0x 0x 0.1x
Capitalization / Revenue 2.79x 1.62x 1.51x 0.95x 0.65x 0.26x 0.25x 0.24x
EV / Revenue 3.09x 1.81x 1.69x 1.14x 1.02x 0.56x 0.49x 0.42x
EV / EBITDA 13x 7.96x 7.81x 5.88x 8.65x 4.35x 3.51x 2.75x
EV / EBIT 18.9x 10.8x 11.6x 9.13x 36.5x 12.7x 7.67x 5.01x
EV / FCF 16.8x 9.55x 10.1x 11x 21.7x 7.34x 5.24x 4.17x
FCF Yield 5.95% 10.5% 9.93% 9.05% 4.61% 13.6% 19.1% 24%
Dividend per Share 2 3.04 4.5 5 4.03 - - 1.159 1.991
Rate of return 1.67% 3.89% 4.07% 5.3% - - 6.8% 11.7%
EPS 2 6.09 6.71 7.12 6.01 -0.44 0.521 1.64 2.822
Distribution rate 49.9% 67.1% 70.2% 67.1% - - 70.7% 70.6%
Net sales 1 372.4 407.1 442.4 436.9 363.6 355.3 374.9 391.7
EBITDA 1 88.78 92.4 96.06 85.04 43.06 45.99 52.11 59.45
EBIT 1 61.02 68.02 64.7 54.7 10.21 15.74 23.88 32.56
Net income 1 34.83 38.39 40.44 32.63 -2.408 4.008 10.08 16.49
Net Debt 1 109.8 74.06 81.59 86.3 137.4 107.4 90.56 70.67
Reference price 2 182.00 115.60 123.00 76.10 43.25 17.04 17.04 17.04
Nbr of stocks (in thousands) 5,718 5,718 5,432 5,432 5,432 5,432 - -
Announcement Date 3/22/22 3/21/23 3/19/24 3/26/25 3/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.32x0.56x4.32x-.--% 105M
22.06x4.53x15.15x2.65% 107B
18.57x0.33x8.22x4.52% 7.31B
13.32x0.28x7.64x4.08% 5.1B
13.66x0.33x5.63x4.44% 4.13B
29.22x0.63x13.3x6.41% 3.72B
71.07x3.06x10.81x-.--% 3.52B
18.73x0.17x7.53x2.41% 2.63B
12.88x - - 4% 1.45B
7.41x - - 6.67% 1.08B
Average 23.93x 1.24x 9.08x 3.52% 13.63B
Weighted average by Cap. 22.48x 3.77x 13.87x 2.93%

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

  1. Stock Market
  2. Stocks
  3. AAD Stock
  4. Valuation Amadeus FiRe AG
-40%: Exceptional extension
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