Company Valuation: Evrofarma SA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 13.04 12.44 9.735 16.41 24.75 49.36
Change - -4.61% -21.76% 68.54% 50.83% 99.45%
Enterprise Value (EV) 1 31.15 33.5 29.68 35.28 38.38 59.86
Change - 7.54% -11.42% 18.87% 8.78% 55.97%
P/E 12.1x -35x 6.86x 7.45x 10.9x 14x
PBR 1.01x 0.99x 0.69x 1.01x 1.39x 2.39x
PEG - 0x -0x 0.1x 3.05x 0.3x
Capitalization / Revenue 0.38x 0.34x 0.21x 0.34x 0.54x 1x
EV / Revenue 0.92x 0.91x 0.65x 0.72x 0.84x 1.21x
EV / EBITDA 11x 20.5x 7.04x 6.64x 6.99x 9.15x
EV / EBIT 20.8x 145x 10.9x 9.65x 10.3x 13x
EV / FCF 409x -13.8x 42.8x 51.7x 9.61x -101x
FCF Yield 0.24% -7.27% 2.34% 1.93% 10.4% -0.99%
Dividend per Share 2 - - - 0.05 0.05 0.06
Rate of return - - - 4.17% 2.76% 1.66%
EPS 2 0.079 -0.026 0.1038 0.161 0.1667 0.2579
Distribution rate - - - 31.1% 30% 23.3%
Net sales 1 33.91 36.7 45.38 48.76 45.72 49.44
EBITDA 1 2.839 1.634 4.218 5.312 5.494 6.544
EBIT 1 1.497 0.231 2.725 3.655 3.727 4.595
Net income 1 1.08 -0.355 1.419 2.202 2.28 3.526
Net Debt 1 18.11 21.06 19.94 18.87 13.63 10.5
Reference price 2 0.954 0.910 0.712 1.200 1.810 3.610
Nbr of stocks (in thousands) 13,673 13,673 13,673 13,673 13,673 13,673
Announcement Date 4/29/21 4/29/22 4/18/23 3/29/24 4/18/26 4/18/26
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 64.61M
12.91x1.52x10.43x5.99% 23.67B
20.14x1.63x12.45x1.86% 6.31B
38.34x3.43x22.21x2.55% 5.95B
19.21x1.11x10.57x2.12% 5.69B
9.77x0.96x4.41x3.13% 4.9B
13.07x1.62x8.11x7.19% 4.96B
10.71x0.87x3.88x7.18% 3.66B
Average 17.74x 1.59x 10.29x 4.29% 6.9B
Weighted average by Cap. 16.72x 1.61x 10.77x 4.68%

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 Evrofarma SA