Company Valuation: Amplifon

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,667 6,249 7,068 5,604 3,024 2,824 - -
Change - -41.42% 13.1% -20.71% -46.03% -6.63% - -
Enterprise Value (EV) 1 11,539 7,581 8,399 7,059 4,545 4,664 3,847 3,779
Change - -34.3% 10.79% -15.95% -35.62% 2.63% -17.52% -1.76%
P/E 67.6x 34.9x 45.2x 38.6x 33.5x 23.8x 15.7x 13.4x
PBR 11.5x 6.02x 6.43x 4.87x 3.03x 1.87x 1.99x 1.81x
PEG - 2.6x -3.5x -5.46x -0.9x 2.56x 0.3x 0.8x
Capitalization / Revenue 5.48x 2.95x 3.13x 2.33x 1.26x 1.16x 1.09x 1.03x
EV / Revenue 5.92x 3.58x 3.72x 2.93x 1.9x 1.91x 1.49x 1.38x
EV / EBITDA 23.9x 14.4x 15.5x 12.4x 8.41x 8.13x 6.13x 5.58x
EV / EBIT 44x 26.6x 30.7x 26.6x 16.2x 16.1x 11.1x 9.03x
EV / FCF 45.3x 30.7x 30.4x 23.2x 15.3x 18.2x 13x 12x
FCF Yield 2.21% 3.25% 3.29% 4.32% 6.54% 5.5% 7.67% 8.31%
Dividend per Share 2 0.26 0.29 0.29 0.29 0.29 0.2498 0.3037 0.3292
Rate of return 0.55% 1.04% 0.93% 1.17% 2.11% 2.35% 2.85% 3.09%
EPS 2 0.702 0.796 0.693 0.644 0.41 0.4482 0.6781 0.7919
Distribution rate 37% 36.4% 41.8% 45% 70.7% 55.7% 44.8% 41.6%
Net sales 1 1,948 2,119 2,260 2,409 2,396 2,438 2,586 2,738
EBITDA 1 482.8 525.3 541.6 567.7 540.4 573.8 627.6 676.9
EBIT 1 262.1 285.3 274 265 281.3 289.3 347.3 418.6
Net income 1 157.8 178.5 155.1 145.4 91.3 136.4 190.5 218.4
Net Debt 1 871.2 1,332 1,331 1,455 1,521 1,841 1,023 955.9
Reference price 2 47.45 27.82 31.34 24.85 13.75 10.64 10.64 10.64
Nbr of stocks (in thousands) 224,815 224,622 225,517 225,501 219,937 265,245 - -
Announcement Date 3/3/22 3/1/23 3/7/24 3/6/25 3/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.65x3.55x13.29x2.66% 167B
18.83x3.29x11.58x3.57% 106B
16.41x0.19x11.74x0.79% 58.09B
32.33x7.85x20.51x1.24% 52.7B
38.76x3.06x10.51x2.48% 42.86B
40.92x1.47x12.92x0.19% 36.15B
29.57x5.27x16.8x-.--% 27.93B
42.47x7.36x26.56x0.25% 25.27B
23.46x3.43x12.34x1.23% 20.79B
Average 29.60x 3.94x 15.14x 1.38% 59.63B
Weighted average by Cap. 26.32x 3.64x 14.02x 2.01%

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