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 3,177 - -
Change - -41.42% 13.1% -20.71% -46.03% 5.06% - -
Enterprise Value (EV) 1 11,539 7,581 8,399 7,059 4,545 5,026 5,449 5,269
Change - -34.3% 10.79% -15.95% -35.62% 10.59% 8.4% -3.29%
P/E 67.6x 34.9x 45.2x 38.6x 33.5x 27.3x 16.7x 14.1x
PBR 11.5x 6.02x 6.43x 4.87x 3.03x 1.94x 1.99x 1.83x
PEG - 2.6x -3.5x -5.46x -0.9x 4.07x 0.3x 0.8x
Capitalization / Revenue 5.48x 2.95x 3.13x 2.33x 1.26x 1.3x 0.91x 0.87x
EV / Revenue 5.92x 3.58x 3.72x 2.93x 1.9x 2.06x 1.56x 1.44x
EV / EBITDA 23.9x 14.4x 15.5x 12.4x 8.41x 8.75x 6.38x 5.71x
EV / EBIT 44x 26.6x 30.7x 26.6x 16.2x 16.9x 11.2x 9.68x
EV / FCF 45.3x 30.7x 30.4x 23.2x 15.3x 20.8x 15.1x 13.9x
FCF Yield 2.21% 3.25% 3.29% 4.32% 6.54% 4.8% 6.61% 7.17%
Dividend per Share 2 0.26 0.29 0.29 0.29 0.29 0.2792 0.2888 0.3153
Rate of return 0.55% 1.04% 0.93% 1.17% 2.11% 2.34% 2.42% 2.64%
EPS 2 0.702 0.796 0.693 0.644 0.41 0.4375 0.7172 0.8478
Distribution rate 37% 36.4% 41.8% 45% 70.7% 63.8% 40.3% 37.2%
Net sales 1 1,948 2,119 2,260 2,409 2,396 2,437 3,491 3,663
EBITDA 1 482.8 525.3 541.6 567.7 540.4 574.5 854.3 922.9
EBIT 1 262.1 285.3 274 265 281.3 298.2 488.3 544.1
Net income 1 157.8 178.5 155.1 145.4 91.3 124.9 233 283.1
Net Debt 1 871.2 1,332 1,331 1,455 1,521 1,849 2,272 2,092
Reference price 2 47.45 27.82 31.34 24.85 13.75 11.96 11.96 11.96
Nbr of stocks (in thousands) 224,815 224,622 225,517 225,501 219,937 265,748 - -
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.($)
30.94x4.19x16.22x2.38% 187B
19.75x3.44x12.1x3.41% 112B
17.52x0.2x12.83x0.74% 61.15B
31.31x7.81x19.88x1.27% 54.39B
34.29x3.31x11.26x2.22% 48.17B
33.97x5.97x18.74x-.--% 31.98B
41.84x1.3x11.77x0.16% 30.91B
41.29x7.23x25.96x0.25% 24.92B
25.57x3.88x13.52x1.12% 23.15B
Average 30.72x 4.15x 15.81x 1.29% 63.64B
Weighted average by Cap. 28.64x 3.95x 15.20x 1.89%

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