Company Valuation: ANDRITZ AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,504 5,312 5,578 4,859 6,512 7,958 - -
Change - 17.93% 5.02% -12.89% 34.01% 22.2% - -
Enterprise Value (EV) 1 4,114 4,569 5,128 4,433 6,011 7,248 7,004 6,863
Change - 11.05% 12.23% -13.55% 35.6% 20.57% -3.36% -2.01%
P/E 13.8x 12.9x 11x 9.82x 14.4x 16.6x 14x 12.4x
PBR 2.86x 2.87x 2.57x 2.13x 2.66x 3.02x 2.71x 2.43x
PEG - 0.5x 0.5x -3.16x -2.11x 3.4x 0.7x 1x
Capitalization / Revenue 0.7x 0.7x 0.64x 0.58x 0.83x 0.96x 0.9x 0.84x
EV / Revenue 0.64x 0.61x 0.59x 0.53x 0.76x 0.88x 0.79x 0.73x
EV / EBITDA 5.73x 5.53x 5.63x 4.99x 7.3x 8.03x 6.94x 6.17x
EV / EBIT 8.58x 7.98x 7.48x 6.7x 10.3x 11.1x 9.32x 8.25x
EV / FCF 9.81x 8.68x 34.5x 11.1x 15.7x 10.9x 12.7x 11.5x
FCF Yield 10.2% 11.5% 2.9% 9% 6.37% 9.2% 7.89% 8.73%
Dividend per Share 2 1.65 2.1 2.5 2.6 2.7 2.81 3.05 3.34
Rate of return 3.64% 3.92% 4.43% 5.31% 4.04% 3.46% 3.76% 4.11%
EPS 2 3.28 4.14 5.15 4.99 4.65 4.877 5.796 6.539
Distribution rate 50.3% 50.7% 48.5% 52.1% 58.1% 57.6% 52.6% 51.1%
Net sales 1 6,463 7,543 8,660 8,314 7,883 8,248 8,853 9,453
EBITDA 1 718.3 825.5 910.2 887.9 823.4 903.1 1,010 1,113
EBIT 1 479.6 572.7 685.2 661.9 582.8 652.9 751.9 831.9
Net income 1 325.5 409.6 510.2 496.5 456.3 483 574.8 650.1
Net Debt 1 -389.8 -742.6 -450.4 -426.4 -500.8 -709.7 -953.1 -1,094
Reference price 2 45.38 53.55 56.40 48.98 66.75 81.20 81.20 81.20
Nbr of stocks (in thousands) 99,256 99,191 98,904 99,210 97,556 97,999 - -
Announcement Date 3/8/22 3/8/23 2/29/24 3/6/25 3/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.79x6.62x24.59x0.69% 133B
29.27x5.46x18.94x2.06% 37.74B
22.8x1.95x14.01x2.05% 33.16B
32.89x4.35x16.45x0.1% 32.34B
23.98x4x12.69x1.4% 30.2B
26.14x3.18x13.68x1.44% 27.94B
112.9x40.63x92.94x0.32% 27.91B
22.87x3.31x14.28x1.02% 27.89B
25.94x3.26x15.94x1.74% 24.22B
Average 37.29x 8.09x 24.83x 1.2% 41.61B
Weighted average by Cap. 37.27x 7.50x 24.37x 1.08%

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