Company Valuation: Forbo Holding AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,953 1,616 1,489 1,063 1,233 1,233 - -
Change - -45.29% -7.84% -28.64% 16.03% -0.01% - -
Enterprise Value (EV) 1 2,942 1,635 1,460 953.5 1,190 1,154 1,104 1,055
Change - -44.44% -10.68% -34.7% 24.85% -3.03% -4.38% -4.42%
P/E 20.4x 15.2x 14.5x 11.2x 17.9x 16.7x 13.5x 11.8x
PBR 5.52x 2.8x 2.68x 1.7x 1.91x 1.77x 1.64x 1.52x
PEG - -0.7x 13.17x -1.59x -0.6x 3.04x 0.6x 0.8x
Capitalization / Revenue 2.35x 1.25x 1.27x 0.95x 1.14x 1.12x 1.08x 1.05x
EV / Revenue 2.35x 1.26x 1.24x 0.85x 1.1x 1.05x 0.97x 0.9x
EV / EBITDA 12.5x 8.45x 8.12x 5.73x 8.7x 7.96x 6.82x 6.07x
EV / EBIT 16.4x 12.3x 11.2x 7.91x 13.6x 12.1x 9.93x 8.67x
EV / FCF 23x 32.4x 12.6x - 37.6x 16.5x 14.7x 12.8x
FCF Yield 4.35% 3.09% 7.94% - 2.66% 6.06% 6.8% 7.82%
Dividend per Share 2 25 23 25 25 25 25.23 26.47 28.14
Rate of return 1.34% 2.11% 2.37% 3.31% 2.86% 2.93% 3.08% 3.27%
EPS 2 91.62 71.76 72.55 67.45 48.75 51.43 63.73 72.73
Distribution rate 27.3% 32.1% 34.5% 37.1% 51.3% 49.1% 41.5% 38.7%
Net sales 1 1,254 1,293 1,175 1,122 1,085 1,103 1,138 1,173
EBITDA 1 235.6 193.4 179.9 166.3 136.8 145 161.9 173.7
EBIT 1 179 132.6 129.9 120.6 87.8 95.38 111.1 121.7
Net income 1 141.2 101.4 102.3 95.1 68.9 72.8 92.71 100.5
Net Debt 1 -10.9 18.9 -29 -109.1 -42.5 -78.42 -129 -177.8
Reference price 2 1,870.00 1,088.00 1,054.00 755.00 874.00 860.00 860.00 860.00
Nbr of stocks (in thousands) 1,579 1,485 1,413 1,407 1,411 1,433 - -
Announcement Date 3/3/22 3/2/23 3/5/24 3/3/25 3/3/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.23x1.03x7.8x2.93% 1.49B
20.44x1.5x14.36x1.6% 43.89B
23.52x2.95x14.44x1.86% 41.34B
11.42x0.91x5.91x3.51% 36.66B
29x5.81x19.7x2.38% 22.13B
20.75x1.78x12.91x0.7% 17.97B
17.02x2.3x11.47x1.68% 14.93B
18.58x3.05x12.59x1.34% 13.67B
-16.55x1.36x15.98x3.47% 10.9B
20.99x3.3x10.9x0.61% 9.83B
Average 16.24x 2.40x 12.61x 2.01% 21.28B
Weighted average by Cap. 18.15x 2.38x 12.91x 2.03%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Forbo Holding AG

Historical PBR trend

Valuation ratios - PBR - Forbo Holding AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Forbo Holding AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Forbo Holding AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Forbo Holding AG
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