Company Valuation: ATLAND

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 148.8 195.8 179.1 176.5 183.2 173
Change - 31.57% -8.55% -1.46% 3.81% -5.59%
Enterprise Value (EV) 1 237.5 311.4 278.5 282.9 215.9 211.2
Change - 31.09% -10.56% 1.57% -23.67% -2.17%
P/E 7.6x 12.2x 19.3x 15.1x 21x 21.4x
PBR 1.16x 1.4x 1.27x 1.23x 1.32x 1.26x
PEG - -0.7x -0.5x 0.6x -0.9x -2.72x
Capitalization / Revenue 0.8x 1.21x 0.96x 0.86x 0.92x 0.99x
EV / Revenue 1.27x 1.93x 1.49x 1.37x 1.09x 1.21x
EV / EBITDA 11.1x 16.7x 11.6x 14.5x 13.2x 15.9x
EV / EBIT 14.3x 26x 15.5x 20.8x 17x 17.4x
EV / FCF 8.11x -7.33x 12.1x -8.7x 9.69x 5.13x
FCF Yield 12.3% -13.6% 8.25% -11.5% 10.3% 19.5%
Dividend per Share 2 1.5 1.75 2 2.3 2.3 1.75
Rate of return 4.43% 3.91% 4.85% 5.67% 5.4% 4.38%
EPS 2 4.46 3.68 2.13 2.68 2.03 1.87
Distribution rate 33.6% 47.6% 93.9% 85.8% 113% 93.6%
Net sales 1 187.1 161.4 186.7 206.2 198.9 174.1
EBITDA 1 21.47 18.69 24.05 19.51 16.31 13.31
EBIT 1 16.61 11.99 18 13.57 12.71 12.14
Net income 1 19.68 16.17 9.331 11.68 8.808 8.106
Net Debt 1 88.68 115.5 99.42 106.4 32.73 38.29
Reference price 2 33.88 44.80 41.20 40.60 42.60 40.00
Nbr of stocks (in thousands) 4,393 4,371 4,347 4,347 4,301 4,324
Announcement Date 3/22/21 4/19/22 4/8/24 4/8/24 4/28/25 4/29/26
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 196M
39.59x15.45x16.05x5.28% 57.78B
9.26x12.7x15.76x5.35% 16.88B
11.02x23.48x26.34x3.74% 15.71B
19.59x16.69x24.47x5.06% 14.57B
10.28x13.45x16.14x5.37% 11.96B
8.04x22.66x30.53x2.76% 10.85B
32.04x11.45x18.07x3.68% 10.66B
15.94x12.28x19.18x6.13% 9.61B
28.57x7.42x12.26x5.45% 9.21B
Average 19.37x 15.06x 19.87x 4.76% 15.74B
Weighted average by Cap. 24.62x 15.48x 18.94x 4.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA