Company Valuation: E.D.F.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 39,911 33,447 44,829 48,001 48,001 48,001
Change - -16.2% 34.03% 7.07% 0% 0%
Enterprise Value (EV) 1 78,560 59,463 80,909 89,465 100,043 98,301
Change - -24.31% 36.07% 10.57% 11.82% -1.74%
P/E 269x 7.6x -2.38x 4.99x 4.39x 5.98x
PBR 0.88x 0.67x 1.36x 0.96x 0.8x 0.71x
PEG - 0x 0x -0x 0.3x -0.2x
Capitalization / Revenue 0.58x 0.4x 0.31x 0.34x 0.4x 0.42x
EV / Revenue 1.14x 0.7x 0.56x 0.64x 0.84x 0.87x
EV / EBITDA 5.46x 3.72x -10.9x 2.36x 3.3x 3.43x
EV / EBIT 15.6x 8.93x -4.77x 3.14x 4.99x 5.48x
EV / FCF -21.5x 3.33x 33.6x -4.18x -5.44x -30.3x
FCF Yield -4.66% 30% 2.98% -23.9% -18.4% -3.3%
Dividend per Share 2 0.21 0.58 - - - -
Rate of return 1.63% 5.61% - - - -
EPS 2 0.048 1.36 -5.034 2.403 2.736 2.007
Distribution rate 438% 42.7% - - - -
Net sales 1 69,031 84,461 143,476 139,715 118,690 113,266
EBITDA 1 14,390 15,971 -7,449 37,974 30,351 28,661
EBIT 1 5,024 6,661 -16,964 28,455 20,036 17,951
Net income 1 650 5,113 -17,940 10,016 11,406 8,367
Net Debt 1 38,649 26,016 36,080 41,464 52,042 50,300
Reference price 2 12.90 10.33 12.00 12.00 12.00 12.00
Nbr of stocks (in thousands) 3,095,041 3,237,847 3,735,760 4,000,045 4,000,045 4,000,045
Announcement Date 2/18/21 2/18/22 3/28/23 2/16/24 2/21/25 2/20/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 51.55B
13.7x5.69x12.27x4.04% 81.86B
37.07x6.29x17.08x1.65% 81.43B
14.24x1.56x8.01x5.17% 74.73B
18.39x7.1x14.83x2.79% 61.58B
17.2x1.19x9.84x3.11% 56.67B
22.56x2.52x9.4x2.34% 45.31B
18.55x5.13x13.29x3.32% 40.14B
62.89x21.25x36.92x0.29% 38.83B
16.66x5.07x9.87x4.41% 37.98B
Average 24.58x 6.20x 14.61x 3.01% 57.01B
Weighted average by Cap. 23.44x 5.66x 13.95x 3.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA