Company Valuation: Elis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,409 3,179 4,418 4,469 5,643 4,913 - -
Change - -6.74% 39% 1.15% 26.26% -12.93% - -
Enterprise Value (EV) 1 7,007 6,842 7,444 7,507 8,663 8,156 7,982 7,804
Change - -2.36% 8.8% 0.85% 15.4% -5.86% -2.13% -2.23%
P/E 29.8x 16.1x 17.8x 14x 16.6x 14.5x 13.1x 12x
PBR 1.13x 0.99x 1.27x 1.23x 1.49x 1.37x 1.27x 1.18x
PEG - 0.2x 0.8x 0.5x 2.04x 1.71x 1.2x 1.33x
Capitalization / Revenue 1.12x 0.83x 1.03x 0.98x 1.18x 0.97x 0.93x 0.9x
EV / Revenue 2.3x 1.79x 1.73x 1.64x 1.81x 1.62x 1.52x 1.43x
EV / EBITDA 6.66x 5.43x 5.05x 4.66x 5.1x 4.57x 4.27x 4x
EV / EBIT 18x 12.6x 10.9x 10.2x 11.3x 10.2x 9.56x 8.93x
EV / FCF 17.1x 16.4x 24.5x 21.7x 24.2x 21x 19.3x 18.3x
FCF Yield 5.83% 6.11% 4.08% 4.61% 4.14% 4.76% 5.19% 5.46%
Dividend per Share 2 0.37 0.41 0.43 0.45 0.48 0.5254 0.5679 0.608
Rate of return 2.43% 2.97% 2.28% 2.38% 1.98% 2.29% 2.48% 2.65%
EPS 2 0.51 0.86 1.06 1.35 1.46 1.584 1.753 1.911
Distribution rate 72.5% 47.7% 40.6% 33.3% 32.9% 33.2% 32.4% 31.8%
Net sales 1 3,048 3,821 4,309 4,574 4,797 5,045 5,257 5,463
EBITDA 1 1,052 1,260 1,475 1,610 1,700 1,783 1,867 1,950
EBIT 1 388.3 543.7 683.1 733 766.6 803 834.7 874.1
Net income 1 114.5 204.6 262.5 337.8 366.6 375.6 409.4 440.8
Net Debt 1 3,599 3,663 3,026 3,038 3,020 3,243 3,069 2,891
Reference price 2 15.22 13.82 18.89 18.90 24.26 22.90 22.90 22.90
Nbr of stocks (in thousands) 223,957 230,009 233,899 236,468 232,609 214,549 - -
Announcement Date 3/9/22 3/8/23 3/7/24 3/6/25 3/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.79x1.64x4.64x2.24% 5.84B
18.48x0.72x10.71x-.--% 1.5B
9.33x0.56x4.12x4.35% 478M
18.49x0.88x8.79x5.21% 60.82M
Average 15.27x 0.95x 7.06x 2.95% 1.97B
Weighted average by Cap. 15.19x 1.39x 5.79x 1.97%

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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