Company Valuation: Azelis Group N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,899 6,202 5,184 4,440 2,276 2,954 - -
Change - 5.13% -16.41% -14.36% -48.73% 29.77% - -
Enterprise Value (EV) 1 6,770 7,369 6,475 5,980 3,887 4,437 4,329 4,210
Change - 8.85% -12.13% -7.65% -35% 14.15% -2.43% -2.76%
P/E 87x 29.1x 30x 25.7x 20.3x 18x 16.5x 15.4x
PBR 2.65x 2.6x 2.06x 1.61x 0.84x 1.04x 1x 0.95x
PEG - 0x -1.6x - -0.5x 0.4x 1.81x 2.16x
Capitalization / Revenue 2.08x 1.5x 1.24x 1.05x 0.55x 0.7x 0.67x 0.64x
EV / Revenue 2.39x 1.79x 1.55x 1.42x 0.95x 1.05x 0.99x 0.92x
EV / EBITDA 23.5x 15.2x 12.9x 11.7x 7.9x 9.16x 8.73x 8.11x
EV / EBIT 32.6x 19x 16.7x 15.5x 12.4x 12.5x 11.9x 11.1x
EV / FCF 94.5x 21x 12.7x 17.5x 8.79x 20.8x 17.8x 15.6x
FCF Yield 1.06% 4.75% 7.87% 5.72% 11.4% 4.81% 5.63% 6.42%
Dividend per Share 2 0.03 0.29 0.22 0.23 0.226 0.2235 0.243 0.2655
Rate of return 0.12% 1.09% 0.99% 1.21% 2.42% 1.84% 2% 2.19%
EPS 2 0.29 0.91 0.74 0.74 0.46 0.6757 0.7371 0.7896
Distribution rate 10.3% 31.9% 29.7% 31.1% 49.1% 33.1% 33% 33.6%
Net sales 1 2,836 4,125 4,176 4,214 4,111 4,229 4,377 4,584
EBITDA 1 287.8 484.7 500.6 512.2 492 484.3 495.8 519.4
EBIT 1 207.8 388.4 386.9 385.9 313.3 353.8 363.3 379.2
Net income 1 67.76 213.2 177.7 180.7 111.2 167.2 183 194.6
Net Debt 1 871.1 1,168 1,291 1,540 1,611 1,483 1,375 1,256
Reference price 2 25.22 26.52 22.18 19.00 9.35 12.14 12.14 12.14
Nbr of stocks (in thousands) 233,846 233,846 233,723 233,670 243,450 243,316 - -
Announcement Date 3/15/22 3/2/23 3/7/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.08x1.01x15.87x2.52% 117B
16.46x1.25x15.61x1.92% 103B
14.5x1.29x19.98x2.7% 94.57B
12.7x1.51x16.4x2.33% 54.57B
13.15x1.2x19.74x2.4% 52.32B
15.94x0.64x9.78x1.75% 44.65B
60.29x3.32x21.67x0.03% 41.26B
21.02x1.18x10.97x0.91% 41.31B
17.81x0.88x9.07x3.02% 11.23B
Average 20.77x 1.36x 15.45x 1.95% 62.24B
Weighted average by Cap. 18.71x 1.32x 16.37x 2.06%

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

  1. Stock Market
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  3. AZE Stock
  4. 2R7 Stock
  5. Valuation Azelis Group N.V.
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