Company Valuation: Bertrandt AG

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.8 338.2 444.2 208.2 187.8 89.13 - -
Change - -33.4% 31.34% -53.13% -9.81% -52.53% - -
Enterprise Value (EV) 1 585.1 436.7 572.9 337.6 337.6 267.7 258.1 272.8
Change - -25.36% 31.18% -41.08% 0.02% -20.72% -3.56% 5.69%
P/E 74x 16x 14.6x -2.7x -3.49x -3.37x 4.07x 3.23x
PBR 1.25x 0.79x 0.98x 0.57x 0.61x 0.3x 0.28x 0.27x
PEG - 0x 0.3x 0x 0.1x 0.1x -0x 0.1x
Capitalization / Revenue 0.6x 0.34x 0.38x 0.18x 0.19x 0.1x 0.09x 0.09x
EV / Revenue 0.69x 0.43x 0.49x 0.28x 0.35x 0.29x 0.27x 0.27x
EV / EBITDA 7.64x 4.43x 5.39x 24.1x 18.1x 6.89x 3.23x 3.15x
EV / EBIT 29.2x 10.5x 11.4x -3.44x -9.51x -13.9x 7.86x 6.23x
EV / FCF 16.3x 48.7x 80.6x 6.19x 18.6x -55.4x 14.5x 12.1x
FCF Yield 6.14% 2.05% 1.24% 16.2% 5.37% -1.81% 6.91% 8.3%
Dividend per Share 2 0.27 0.85 1.2 0.25 - 0.5167 0.6339 1.117
Rate of return 0.54% 2.54% 2.73% 1.21% - 5.86% 7.19% 12.7%
EPS 2 0.68 2.09 3.01 -7.64 -5.32 -2.621 2.165 2.732
Distribution rate 39.7% 40.7% 39.9% -3.27% - -19.7% 29.3% 40.9%
Net sales 1 848.6 1,009 1,157 1,187 977.9 928 959.8 1,006
EBITDA 1 76.54 98.64 106.3 13.98 18.66 38.85 80.05 86.63
EBIT 1 20.04 41.66 50.08 -98.05 -35.52 -19.31 32.85 43.81
Net income 1 6.909 21.13 30.44 -77.17 -53.81 -26.48 21.9 27.64
Net Debt 1 77.33 98.52 128.7 129.4 149.9 178.5 169 183.7
Reference price 2 50.300 33.500 44.000 20.600 18.580 8.820 8.820 8.820
Nbr of stocks (in thousands) 10,095 10,095 10,095 10,106 10,106 10,106 - -
Announcement Date 12/9/21 12/15/22 12/11/23 12/12/24 - - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-3.36x0.29x6.88x5.82% 102M
37.12x6.77x24.08x0.93% 81.49B
39.56x4.44x15.22x1.15% 20.69B
34.24x1.35x13.57x0.99% 16.85B
20.53x2.15x10.57x3.5% 14.64B
25.2x2.84x12.18x2.97% 12.05B
25.02x3.49x13.43x2.31% 7.93B
15.07x0.65x9.34x1.41% 6.88B
10.09x1.15x6.09x2.09% 6.07B
19.25x0.41x9.49x3.87% 5.46B
Average 22.27x 2.35x 12.09x 2.5% 17.22B
Weighted average by Cap. 31.91x 4.49x 17.82x 1.54%

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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