Company Valuation: Gesco SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 276.4 261.2 201.6 142.9 147.5 149.9 - -
Change - -5.49% -22.82% -29.11% 3.23% 1.6% - -
Enterprise Value (EV) 1 314.3 320 254.2 167.2 192.6 190.5 184.7 174.9
Change - 1.8% -20.55% -34.24% 15.18% -1.07% -3.04% -5.33%
P/E 10.3x 7.72x 9.64x 31.4x 14.8x 9.48x 7.89x 6.86x
PBR 1.14x 0.99x 0.74x 0.52x 0.55x 0.54x 0.51x 0.48x
PEG - 0.3x -0.3x -0.4x 0x 0.2x 0.4x 0.5x
Capitalization / Revenue 0.57x 0.45x 0.36x 0.28x 0.3x 0.29x 0.27x 0.26x
EV / Revenue 0.64x 0.55x 0.45x 0.33x 0.39x 0.37x 0.34x 0.3x
EV / EBITDA 5.05x 4.72x 4.31x 4.56x 5.7x 4.16x 3.65x 3.16x
EV / EBIT 7.05x 6.47x 7.09x 11x 12.4x 7.13x 5.9x 5.01x
EV / FCF 7.06x -563x 16.5x 3.89x -35.1x 11x 13.2x 11.7x
FCF Yield 14.2% -0.18% 6.07% 25.7% -2.85% 9.05% 7.58% 8.58%
Dividend per Share 2 0.98 1 0.4 0.1 0.2 0.33 0.398 0.5067
Rate of return 3.84% 4.15% 2.15% 0.76% 1.4% 2.28% 2.75% 3.51%
EPS 2 2.48 3.12 1.93 0.42 0.96 1.524 1.832 2.105
Distribution rate 39.5% 32.1% 20.7% 23.8% 20.8% 21.6% 21.7% 24.1%
Net sales 1 488.1 582.3 560.7 513.8 495 519.9 550.1 586.8
EBITDA 1 62.19 67.74 59.01 36.67 33.78 45.85 50.61 55.28
EBIT 1 44.57 49.43 35.87 15.18 15.5 26.72 31.29 34.92
Net income 1 26.86 33.82 20.88 4.439 9.928 15.95 19.12 21.78
Net Debt 1 37.9 58.74 52.6 24.25 45.02 40.61 34.81 24.96
Reference price 2 25.50 24.10 18.60 13.20 14.25 14.45 14.45 14.45
Nbr of stocks (in thousands) 10,839 10,839 10,839 10,828 10,354 10,374 - -
Announcement Date 4/23/22 4/18/23 4/11/24 4/29/25 4/15/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.48x0.37x4.16x2.28% 174M
30.81x5.27x19.16x0.85% 121B
26.82x4.93x17.28x2.24% 35.46B
21.61x1.85x13.33x2.17% 31.42B
30.13x4.02x15.19x0.11% 29.63B
19.55x3.3x10.63x1.58% 27.05B
21.3x3.09x13.33x1.1% 25.98B
23.03x2.82x12.15x1.64% 24.68B
90.47x34.14x74.44x0.42% 23.57B
25.88x3.25x15.9x1.75% 24.01B
Average 29.91x 6.30x 19.56x 1.41% 34.33B
Weighted average by Cap. 31.07x 6.16x 20.03x 1.22%

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