Company Valuation: Cosumar

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,661 17,953 18,425 17,953 19,228 17,575 - -
Change - -27.2% 2.63% -2.56% 7.11% -8.6% - -
Enterprise Value (EV) 1 25,064 19,022 19,984 18,577 19,510 17,904 17,889 17,575
Change - -24.11% 5.06% -7.04% 5.02% -8.23% -0.08% -1.76%
P/E 32.3x - - 19.2x - 20.1x 17x 17.5x
PBR - - - - - - - -
PEG - - - - - - 0.9x -5.71x
Capitalization / Revenue 2.71x 1.72x 1.8x 1.75x 1.83x 1.61x 1.42x 1.46x
EV / Revenue 2.75x 1.82x 1.95x 1.81x 1.86x 1.64x 1.45x 1.46x
EV / EBITDA 13.1x 11.1x 10.9x 10.6x 11.7x 10.5x 9.06x -
EV / EBIT 17.8x 14.7x 14.5x 13.9x 15x 13.4x 11.4x -
EV / FCF 13.9x -563x 86.5x 9.84x 14.9x 19.9x 17.9x -
FCF Yield 7.2% -0.18% 1.16% 10.2% 6.7% 5.02% 5.58% -
Dividend per Share 2 6 7 7 10 - 10 10 11
Rate of return 2.3% 3.68% 3.59% 5.26% - 5.38% 5.38% 5.91%
EPS 2 8.075 - - 9.92 - 9.27 10.94 10.6
Distribution rate 74.3% - - 101% - 108% 91.4% 104%
Net sales 1 9,112 10,433 10,233 10,239 10,487 10,907 12,340 12,002
EBITDA 1 1,918 1,721 1,826 1,749 1,672 1,699 1,974 -
EBIT 1 1,408 1,294 1,375 1,341 1,298 1,339 1,570 -
Net income 1 763 826 1,009 850.4 703.7 876 1,034 1,002
Net Debt 1 403 1,070 1,559 624.8 281.9 329 314.5 -
Reference price 2 261.00 190.00 195.00 190.00 203.50 186.00 186.00 186.00
Nbr of stocks (in thousands) 94,487 94,487 94,487 94,487 94,487 94,487 - -
Announcement Date 4/30/22 3/16/23 4/29/24 4/30/25 4/30/26 - - -
1MAD in Million2MAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.65x0.5x6.8x1.44% 2.66B
-234.15x1.61x7.96x3.51% 1.44B
29.19x2.45x19.78x0.6% 1.3B
10.33x1.44x3.31x3.91% 922M
Average -41.49x 1.50x 9.46x 2.36% 1.58B
Weighted average by Cap. -33.76x 1.29x 9.22x 2.1%

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