Company Valuation: Capital B

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 66.87 73.32 14.5 7.942 28.08 170.8
Change - 9.65% -80.22% -45.24% 253.61% 508.13%
Enterprise Value (EV) 1 68.15 74.2 19.38 10.25 32.38 267.1
Change - 8.88% -73.88% -47.14% 216.08% 724.91%
P/E 93x -115x -3.25x -0.38x 21.5x -2.75x
PBR 92.6x 2.52x 0.61x 1.07x 2.31x 1.56x
PEG - 1x -0x -0x -0x 0x
Capitalization / Revenue 7.86x 3.89x 0.56x 0.35x 1.76x 13x
EV / Revenue 8.01x 3.94x 0.75x 0.46x 2.03x 20.3x
EV / EBITDA 160x -62.5x -2.23x -7.97x -13.5x 5.48x
EV / EBIT -282x -38.2x -2.1x -0.63x -10.7x -25.4x
EV / FCF 29.9x -9.66x -3.68x 1.13x -5.67x -1.37x
FCF Yield 3.35% -10.4% -27.2% 88.8% -17.7% -73%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0235 -0.0128 -0.0871 -0.2662 0.014 -0.274
Distribution rate - - - - - -
Net sales 1 8.509 18.83 25.85 22.5 15.98 13.17
EBITDA 1 0.427 -1.187 -8.701 -1.286 -2.396 48.71
EBIT 1 -0.242 -1.943 -9.241 -16.34 -3.024 -10.5
Net income 1 0.724 -0.516 -5.021 -21.17 1.356 -62.18
Net Debt 1 1.28 0.88 4.88 2.304 4.302 96.37
Reference price 2 2.1900 1.4780 0.2830 0.1000 0.3010 0.7530
Nbr of stocks (in thousands) 30,533 49,607 51,249 79,417 93,298 226,798
Announcement Date 4/22/21 5/20/22 5/24/23 5/28/24 5/14/25 4/30/26
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.25x8.93x15.82x1.04% 25.19B
16.77x3.27x8.23x1.67% 15.97B
21.94x0.67x6.43x1.62% 10.47B
17.32x0.64x8.45x3.28% 6.85B
13.11x1.13x6.29x1.54% 4.12B
21.26x1.45x9.75x2.36% 4.26B
73.37x2.81x49.41x0.64% 2.03B
21.34x0.81x9.54x0.5% 1.61B
Average 26.42x 2.46x 14.24x 1.58% 8.81B
Weighted average by Cap. 22.77x 4.35x 11.89x 1.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA