Company Valuation: DELFINGEN

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 116.8 128.9 38.44 88.31 77.21 - -
Change - 10.36% -70.18% 129.76% -12.57% - -
Enterprise Value (EV) 1 116.8 276.3 185 214.3 194.9 177.3 154.5
Change - 136.55% -33.03% 15.82% -9.08% -9.03% -12.83%
P/E 14.3x 18.7x -294x 6.98x 5.95x 5.2x 4.02x
PBR - 0.88x 0.26x 0.61x - - -
PEG - -1.2x 3x -0x 2.14x 0.4x 0.1x
Capitalization / Revenue - 0.28x 0.09x 0.22x 0.2x 0.2x 0.18x
EV / Revenue - 0.61x 0.44x 0.54x 0.51x 0.46x 0.36x
EV / EBITDA - 5.64x 4.01x 3.89x 3.7x 3.37x 2.59x
EV / EBIT - 9.83x 7.77x 7.24x 6.87x 6.21x 4.47x
EV / FCF - 11.8x 12.4x 5.45x 15x 7.97x 5.92x
FCF Yield - 8.47% 8.05% 18.4% 6.67% 12.6% 16.9%
Dividend per Share 2 - 1.15 0.77 1.73 2.02 2.36 -
Rate of return - 2.33% 5.24% 5.1% 6.8% 7.95% -
EPS 2 3.11 2.64 -0.05 4.86 4.995 5.71 7.39
Distribution rate - 43.6% -1,540% 35.6% 40.4% 41.3% -
Net sales 1 - 456.7 423.7 400.3 382.1 385.5 429
EBITDA 1 - 49 46.2 55.1 52.6 52.65 59.7
EBIT 1 - 28.1 23.8 29.6 28.35 28.55 34.6
Net income 1 8.145 6.9 -0.118 12.63 13 14.9 19.2
Net Debt 1 - 147.4 146.6 126 117.6 100 77.3
Reference price 2 44.50 49.30 14.70 33.90 29.70 29.70 29.70
Nbr of stocks (in thousands) 2,625 2,615 2,615 2,605 2,600 - -
Announcement Date 4/29/23 4/2/24 3/31/25 4/28/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.66x1.27x9.83x1.99% 42.64B
16.3x0.72x5.24x3.52% 34.75B
12.16x0.58x5.04x3.83% 30.79B
8.99x0.54x6.89x1.66% 27.71B
15.28x2.78x9.56x3.97% 21.46B
10.81x0.51x5.04x2.87% 18.29B
29.79x1.18x12.46x0.62% 17.9B
13.64x1.39x7.18x4.03% 16.63B
45.99x5.03x35.13x0.79% 14.62B
Average 19.07x 1.55x 10.71x 2.59% 24.98B
Weighted average by Cap. 17.54x 1.33x 9.34x 2.66%

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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