Company Valuation: DG-Net S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 7.977 10.11 40.45 38.99 50.78
Change - 26.76% 300% -3.61% 30.26%
Enterprise Value (EV) 1 9.94 12.86 42.52 43.1 55.23
Change - 29.37% 230.67% 1.36% 28.14%
P/E 56.6x 13.8x -371x 46.5x 350x
PBR 7.86x 5.78x 24.7x 15.7x 19.4x
PEG - 0x 3x -0x -4.2x
Capitalization / Revenue 0.7x 0.75x 2.59x 2.05x 2.25x
EV / Revenue 0.87x 0.96x 2.72x 2.27x 2.44x
EV / EBITDA 7.34x 5.65x 22.4x 12.1x 16.2x
EV / EBIT 29.1x 11.7x 310x 29.9x 60.3x
EV / FCF 12.5x -22.2x 36.8x -68.6x -8.78x
FCF Yield 8% -4.5% 2.72% -1.46% -11.4%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 0.0251 0.1306 -0.0194 0.1492 0.0259
Distribution rate - - - - -
Net sales 1 11.37 13.45 15.62 18.98 22.61
EBITDA 1 1.353 2.274 1.902 3.549 3.4
EBIT 1 0.3418 1.094 0.1371 1.441 0.9159
Net income 1 0.1409 0.7335 -0.1091 0.838 0.1452
Net Debt 1 1.962 2.747 2.074 4.112 4.442
Reference price 2 1.42 1.80 7.20 6.94 9.04
Nbr of stocks (in thousands) 5,618 5,618 5,618 5,618 5,618
Announcement Date 5/24/23 5/24/23 4/29/24 4/30/25 5/7/26
1PLN in Million2PLN
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 18.23M
42.5x10.97x15.87x5.6% 2.94B
28.97x1.18x9.4x1.26% 993M
-15.87x - - - 855M
10.17x - - 1.21% 268M
Average 16.44x 6.07x 12.64x 2.69% 1.01B
Weighted average by Cap. 28.26x 8.50x 14.24x 4.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation DG-Net S.A.