Company Valuation: GL events

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.6 469.4 575.5 540.2 875.5 1,018 - -
Change - -7.52% 22.59% -6.13% 62.08% 16.25% - -
Enterprise Value (EV) 1 966 961.7 1,076 1,057 1,347 1,466 1,413 1,355
Change - -0.45% 11.89% -1.79% 27.45% 8.88% -3.66% -4.09%
P/E 34.1x 9.24x 9.76x 7.5x 10.9x 10.6x 9.49x 8.88x
PBR 1.57x 1.16x 1.31x 1.17x 1.83x 1.95x 1.71x 1.52x
PEG - 0x 0.7x 0.3x 1x 0.5x 0.8x 1.3x
Capitalization / Revenue 0.68x 0.36x 0.41x 0.33x 0.51x 0.54x 0.52x 0.51x
EV / Revenue 1.3x 0.73x 0.76x 0.65x 0.78x 0.78x 0.73x 0.68x
EV / EBITDA 8.03x 5.7x 4.16x 3.61x 4.26x 4.7x 4.26x 3.89x
EV / EBIT 13.3x 8.59x 7.35x 6.97x 7.65x 7.25x 6.45x 5.97x
EV / FCF 14.9x 6.36x 6.71x 12.4x 8.39x 16.6x 11.7x 10x
FCF Yield 6.72% 15.7% 14.9% 8.08% 11.9% 6.03% 8.58% 9.96%
Dividend per Share 2 - 0.35 0.7 0.9 - 1.06 1.18 1.175
Rate of return - 2.15% 3.57% 4.89% - 3.05% 3.4% 3.39%
EPS 2 0.51 1.76 2.01 2.454 2.73 3.279 3.657 3.907
Distribution rate - 19.9% 34.8% 36.7% - 32.3% 32.3% 30.1%
Net sales 1 741.2 1,310 1,419 1,635 1,717 1,876 1,944 1,982
EBITDA 1 120.3 168.6 258.7 292.6 316 312.3 331.8 348
EBIT 1 72.6 112 146.4 151.6 176.2 202.2 219 226.9
Net income 1 15.2 52.7 59.95 73.44 81.74 96.78 106.7 124.2
Net Debt 1 458.4 492.2 500.5 516.6 471.3 448.6 394.9 337.1
Reference price 2 17.40 16.26 19.62 18.40 29.85 34.70 34.70 34.70
Nbr of stocks (in thousands) 29,171 28,870 29,331 29,358 29,332 29,332 - -
Announcement Date 3/9/22 3/9/23 3/6/24 3/5/25 3/6/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.58x0.78x4.7x3.05% 1.16B
28.12x3.33x10.88x2.53% 15.43B
21.64x - - - 1.02B
38.69x - - 1.19% 995M
20.95x2.09x7.49x2.78% 730M
12.7x1.72x6.31x1.73% 493M
18.35x - - - 383M
Average 21.58x 1.98x 7.34x 2.26% 2.89B
Weighted average by Cap. 26.49x 3.07x 10.21x 2.48%

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