Company Valuation: Enghouse Systems Limited

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,980 1,674 1,799 1,632 1,142 909.6 - -
Change - -43.84% 7.48% -9.31% -29.98% -20.38% - -
Enterprise Value (EV) 1 2,810 1,466 1,571 1,370 886.9 651.8 694 731.3
Change - -47.84% 7.19% -12.8% -35.27% -26.51% 6.47% 5.36%
P/E 32.3x 17.8x 24.9x 20x 15.5x 13.3x 12.8x 11.9x
PBR - - - 2.74x 1.88x 1.55x 1.56x 1.59x
PEG - 7.39x -1.1x 1.6x -1.75x -2.16x 3.16x 1.56x
Capitalization / Revenue 6.38x 3.91x 3.96x 3.25x 2.29x 1.93x 1.89x 1.73x
EV / Revenue 6.01x 3.43x 3.46x 2.73x 1.78x 1.38x 1.44x 1.39x
EV / EBITDA 16.7x 10.4x 11.7x 9.53x 6.95x 5.58x 5.64x 5.36x
EV / EBIT 24.7x 15.6x 18.5x 14.4x 7.76x 6.68x 6.63x 6.41x
EV / FCF 24.4x 14.3x 13.8x 10.5x 8.6x 7.29x 7.25x 6.29x
FCF Yield 4.1% 6.98% 7.27% 9.5% 11.6% 13.7% 13.8% 15.9%
Dividend per Share 2 2.14 0.74 - 1 1.16 1.22 1.38 1.58
Rate of return 3.99% 2.44% - 3.39% 5.57% 7.29% 8.25% 9.44%
EPS 2 1.66 1.7 1.31 1.47 1.34 1.257 1.308 1.408
Distribution rate 129% 43.5% - 68% 86.6% 97% 105% 112%
Net sales 1 467.2 427.6 454 502.5 498.9 470.9 481.8 526.4
EBITDA 1 168.5 140.6 133.8 143.8 127.6 116.8 123.2 136.3
EBIT 1 113.7 93.9 84.98 94.95 114.4 97.58 104.7 114
Net income 1 92.79 94.5 72.25 81.33 73.67 68.5 74.8 77.7
Net Debt 1 -170.6 -208.2 -228 -261.6 -255.5 -257.8 -215.6 -178.4
Reference price 2 53.67 30.29 32.56 29.47 20.81 16.73 16.73 16.73
Nbr of stocks (in thousands) 55,533 55,263 55,257 55,367 54,899 54,371 - -
Announcement Date 12/16/21 12/15/22 12/14/23 12/12/24 12/15/25 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.3x1.38x5.58x7.29% 645M
18.63x5.36x9.57x1.71% 345B
21.46x4.29x13.46x1.77% 199B
68.22x6.68x17.87x-.--% 109B
33.74x3.22x11.65x0.2% 42.61B
13.36x82.63x704.67x-.--% 35.43B
33.63x13.09x21.29x-.--% 29.7B
34.79x2.13x19.51x-.--% 17.88B
24.7x3.55x11.95x - 13B
85.34x8.11x34.77x-.--% 12.43B
Average 34.72x 13.04x 85.03x 1.22% 80.48B
Weighted average by Cap. 28.66x 8.78x 43.45x 1.21%

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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  4. Valuation Enghouse Systems Limited