Company Valuation: Frequentis AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 355.5 379.4 362.5 356.9 966.5 1,028 - -
Change - 6.72% -4.44% -1.54% 170.77% 6.41% - -
Enterprise Value (EV) 1 355.5 327.6 315.5 324.5 876 930.4 905.9 862.1
Change - -7.85% -3.7% 2.86% 169.95% 6.22% -2.64% -4.83%
P/E 17.9x 20.3x 19.6x 16.3x 34.3x 31.1x 26.5x 22.6x
PBR - 2.62x 2.36x 2.08x 4.99x 4.54x 3.9x 3.31x
PEG - -3.38x -13.82x 0.9x 1.2x 1.8x 1.5x 1.3x
Capitalization / Revenue 1.07x 0.98x 0.85x 0.74x 1.67x 1.54x 1.38x 1.25x
EV / Revenue 1.07x 0.85x 0.74x 0.68x 1.51x 1.4x 1.21x 1.05x
EV / EBITDA 7.64x 7.18x 7.14x 5.99x 13.1x 12.8x 11x 9.29x
EV / EBIT 12.3x 11.7x 11.9x 10.1x 18.7x 19.2x 16.1x 13x
EV / FCF 14.7x 79.6x 22.7x 27.1x 24.8x 36.6x 26.6x 20.2x
FCF Yield 6.79% 1.26% 4.41% 3.68% 4.03% 2.73% 3.76% 4.96%
Dividend per Share 2 0.15 0.2 0.244 0.27 0.3 0.3575 0.4175 0.4875
Rate of return 0.56% 0.7% 0.89% 1% 0.41% 0.46% 0.54% 0.63%
EPS 2 1.5 1.41 1.39 1.65 2.12 2.493 2.923 3.423
Distribution rate 10% 14.2% 17.6% 16.4% 14.2% 14.3% 14.3% 14.2%
Net sales 1 333.5 386 427.5 480.3 580.1 665.9 745.6 823.9
EBITDA 1 46.51 45.6 44.2 54.13 66.94 72.57 82.08 92.77
EBIT 1 28.97 28.1 26.6 32.1 46.75 48.45 56.31 66.24
Net income 1 19.97 18.72 18.42 22 28.31 33.1 38.79 45.39
Net Debt 1 - -51.78 -47.06 -32.46 -90.54 -98 -122.6 -166.3
Reference price 2 26.80 28.60 27.30 26.90 72.80 77.50 77.50 77.50
Nbr of stocks (in thousands) 13,265 13,265 13,279 13,269 13,276 13,270 - -
Announcement Date 4/5/22 4/12/23 4/9/24 4/8/25 4/9/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.08x1.4x12.82x0.46% 1.19B
20.61x3.6x14.39x1.32% 14.35B
9.44x2.5x4.85x2.88% 5.53B
15.17x0.7x6.09x - 3.95B
25.22x1.01x6.26x1.6% 3.14B
16.6x0.54x4.19x4.31% 1.78B
55.75x - - - 1.68B
31.64x - - - 1.46B
21.84x - - - 1.28B
Average 25.26x 1.63x 8.10x 2.11% 3.82B
Weighted average by Cap. 21.00x 2.47x 10.01x 1.85%

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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