Company Valuation: Fluidra, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,682 2,756 3,579 4,465 4,398 3,583 - -
Change - -58.75% 29.84% 24.77% -1.5% -18.52% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,568 4,426 4,271
Change - -46.56% 15.76% 17.29% -2.46% -16.71% -3.12% -3.5%
P/E 26.6x 17.1x 31.4x 32.3x 25.3x 17.8x 14.3x 12.2x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.16x 2.02x 1.89x
PEG - -0.5x -1.1x 1.5x 1x 1.1x 0.6x 0.7x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.58x 1.5x 1.43x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 2.01x 1.85x 1.7x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.76x 7.7x 6.88x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 12.9x 10.9x 9.43x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 17.3x 13.9x 12.1x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 5.77% 7.18% 8.28%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6832 0.7713 0.8732
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.62% 4.09% 4.63%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 1.059 1.321 1.54
Distribution rate 30.2% 100% 117% 75.6% 70.9% 64.5% 58.4% 56.7%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,269 2,393 2,513
EBITDA 1 549 512 445 447.4 501 521.7 575 620.8
EBIT 1 424.3 304.3 236.1 259.7 334 352.9 406.1 452.9
Net income 1 252 159.9 113.8 138.1 176 204.3 256 296.1
Net Debt 1 1,067 1,385 1,215 1,158 1,087 984.7 842.3 687.4
Reference price 2 35.20 14.52 18.85 23.52 23.16 18.87 18.87 18.87
Nbr of stocks (in thousands) 189,828 189,816 189,848 189,840 189,892 189,891 - -
Announcement Date 2/28/22 2/27/23 2/29/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.53x2.67x16.57x0.89% 6.27B
25.4x2.74x12.91x2.64% 3.67B
33.47x1.46x13.15x-.--% 3.24B
41.49x1.04x5.32x-.--% 2.35B
15.23x0.93x8.75x1.76% 1.61B
14.6x0.98x8.29x1.22% 1.21B
8.94x0.75x6.12x - 1.11B
36.23x - - 2.55% 873M
50.66x1.48x7.93x-.--% 676M
Average 28.28x 1.51x 9.88x 1.13% 2.33B
Weighted average by Cap. 28.37x 1.91x 12.05x 1.1%

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

-40%: Exceptional extension
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