Company Valuation: AptarGroup, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,063 7,180 8,132 10,454 8,003 8,158 - -
Change - -10.95% 13.26% 28.56% -23.45% 1.94% - -
Enterprise Value (EV) 1 9,135 8,214 9,048 11,256 9,083 8,520 8,158 8,068
Change - -10.09% 10.15% 24.41% -19.3% -6.2% -4.25% -1.1%
P/E 33.9x 30.6x 29.1x 28.4x 20.7x 24.1x 20.4x 18.6x
PBR 4.07x 3.49x - - - 3.07x 2.94x -
PEG - -55.23x 1.6x 0.9x 3.18x -2.55x 1.1x 2x
Capitalization / Revenue 2.5x 2.16x 2.33x 2.92x 2.12x 2.05x 1.97x 1.82x
EV / Revenue 2.83x 2.47x 2.59x 3.14x 2.4x 2.14x 1.97x 1.8x
EV / EBITDA 15x 13.3x 12.8x 14.5x 11.1x 10.3x 9.08x 8.51x
EV / EBIT 24.5x 21.4x 19.7x 22x 17.2x 17x 14.4x 13.4x
EV / FCF 159x 48.8x 34.4x 30.7x 30x 24.4x 18.4x 17.8x
FCF Yield 0.63% 2.05% 2.91% 3.26% 3.33% 4.09% 5.45% 5.63%
Dividend per Share 2 1.5 1.52 1.58 1.72 1.83 1.948 2.072 2.17
Rate of return 1.22% 1.38% 1.28% 1.09% 1.5% 1.52% 1.61% 1.69%
EPS 2 3.61 3.59 4.25 5.53 5.89 5.332 6.3 6.885
Distribution rate 41.6% 42.3% 37.2% 31.1% 31.1% 36.5% 32.9% 31.5%
Net sales 1 3,227 3,322 3,487 3,583 3,777 3,982 4,143 4,471
EBITDA 1 607.5 616.7 707.7 774.9 815.1 826.6 898.2 947.8
EBIT 1 372.6 383 459.1 511.1 527.7 501.2 565.4 604
Net income 1 244.1 239.3 284.5 374.5 392.8 342.1 400.8 439.3
Net Debt 1 1,073 1,034 915.8 802.5 1,081 362 - -90
Reference price 2 122.48 109.98 123.62 157.10 121.96 128.31 128.31 128.31
Nbr of stocks (in thousands) 65,827 65,284 65,781 66,543 65,619 63,581 - -
Announcement Date 2/17/22 2/16/23 2/8/24 2/6/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.06x2.14x10.31x1.52% 8.16B
14.78x1.41x8.57x5.7% 21.2B
74.25x - - - 2.62B
14.7x1.18x7.99x2.74% 1.49B
9.68x1.51x7.96x3.62% 1.42B
10.17x - - - 1.38B
22.76x - - - 1.16B
Average 24.34x 1.56x 8.71x 3.4% 5.35B
Weighted average by Cap. 20.84x 1.59x 8.96x 4.42%

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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