Company Valuation: Amica S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 862 581.5 636.7 398.1 479.5 374.8 - -
Change - -32.54% 9.5% -37.47% 20.42% -21.84% - -
Enterprise Value (EV) 1 1,165 581.5 714.4 503.6 530.8 476.5 438.3 503.8
Change - -50.1% 22.86% -29.5% 5.38% -10.22% -8.02% 14.93%
P/E - -60.2x - 30.2x - 10.3x 9.47x -
PBR - 0.53x - 0.38x - 0.37x 0.37x -
PEG - - - - - - 1.07x -
Capitalization / Revenue 0.25x 0.17x 0.22x 0.15x 0.2x 0.15x 0.14x 0.13x
EV / Revenue 0.34x 0.17x 0.25x 0.2x 0.22x 0.19x 0.16x 0.17x
EV / EBITDA 5.4x 6.63x 5.21x 4.02x 3.95x 3.55x 3.07x 3.08x
EV / EBIT 7.77x 32.1x 8.58x 7.75x 7.2x 6.34x 5.23x 4.94x
EV / FCF - - 16.2x 8.99x 6.85x -7.01x 21.9x 19.4x
FCF Yield - - 6.16% 11.1% 14.6% -14.3% 4.56% 5.16%
Dividend per Share 2 - 3.5 - 2.5 2 2.185 2.51 2.92
Rate of return - 4.62% - 4.82% 3.2% 4.47% 5.14% 5.98%
EPS 2 - -1.26 - 1.72 - 4.74 5.16 -
Distribution rate - -278% - 145% - 46.1% 48.6% -
Net sales 1 3,434 3,416 2,838 2,574 2,411 2,515 2,673 2,889
EBITDA 1 215.8 87.7 137.1 125.4 134.4 134.3 142.8 163.5
EBIT 1 149.9 18.1 83.3 65 73.7 75.2 83.8 102
Net income 1 111.7 -8.1 -4 13.2 17.5 32.85 46.55 67
Net Debt 1 303.4 - 77.7 105.5 51.3 101.8 63.57 129
Reference price 2 113.00 75.80 83.00 51.90 62.50 48.85 48.85 48.85
Nbr of stocks (in thousands) 7,628 7,671 7,671 7,671 7,671 7,671 - -
Announcement Date 3/31/22 3/31/23 4/2/24 4/11/25 4/10/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.19x3.53x4.51% 102M
7.79x1.09x5.34x7.1% 34.43B
16.96x1.34x10.63x1.67% 4.74B
9.7x1.61x6.33x3.43% 4.94B
11.23x0.26x4.47x4.91% 4.64B
15.08x1.05x11.43x0.68% 4.33B
20.83x0.51x8.26x2.39% 2.62B
14.58x - - 5.26% 2.38B
11.08x1.32x8.54x6.22% 2.33B
21.35x - - 2% 1.94B
Average 14.29x 0.92x 7.32x 3.82% 6.25B
Weighted average by Cap. 10.75x 1.06x 6.50x 5.33%

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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