Company Valuation: hGears AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 226.7 75.3 36.92 17.63 16.64 8.684 - -
Change - -66.79% -50.97% -52.25% -5.6% -47.81% - -
Enterprise Value (EV) 1 215.1 72.6 40.3 26.82 35.14 31.88 36.48 39.68
Change - -66.25% -44.49% -33.43% 31% -9.26% 14.43% 8.77%
P/E 66.1x -90.5x -2.67x -0.83x -0.6x -0.78x -1.02x -1.74x
PBR 2.56x 0.85x 0.5x 0.33x 0.68x 0.73x 5.57x -1.74x
PEG - 1x -0x -0x -0x 0x 0x 0x
Capitalization / Revenue 1.68x 0.56x 0.33x 0.18x 0.18x 0.09x 0.09x 0.08x
EV / Revenue 1.59x 0.54x 0.36x 0.28x 0.38x 0.34x 0.37x 0.38x
EV / EBITDA 9.4x 4.74x 7.2x -6.85x 22.2x -35.4x 22.8x 10.7x
EV / EBIT 17.5x 101x -3.73x -1.74x -1.37x -3.54x -5.98x -12.4x
EV / FCF -53.2x -12.8x -11.4x -4.87x -6.13x -6.51x -7.93x -12.4x
FCF Yield -1.88% -7.82% -8.75% -20.5% -16.3% -15.4% -12.6% -8.06%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.33 -0.08 -1.33 -2.04 -2.68 -1.07 -0.82 -0.48
Distribution rate - - - - - - - -
Net sales 1 134.9 135.3 112.5 95.71 91.82 93.5 99.3 103.9
EBITDA 1 22.89 15.3 5.6 -3.914 1.581 -0.9 1.6 3.7
EBIT 1 12.27 0.72 -10.79 -15.4 -25.67 -9 -6.1 -3.2
Net income 1 2.351 -0.841 -13.79 -21.17 -27.84 -11.1 -8.5 -5.7
Net Debt 1 -11.64 -2.7 3.375 9.195 18.5 23.2 27.8 31
Reference price 2 21.8000 7.2400 3.5500 1.6950 1.6000 0.8350 0.8350 0.8350
Nbr of stocks (in thousands) 10,400 10,400 10,400 10,400 10,400 10,400 - -
Announcement Date 3/30/22 3/30/23 3/27/24 3/25/25 3/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.1x1.29x9.81x1.95% 43.37B
16.4x0.73x5.3x3.49% 34.95B
12.17x0.58x5.04x3.83% 30.37B
9.6x0.58x7.38x1.56% 29.29B
15.29x2.77x9.53x3.97% 21.11B
30.68x1.21x12.81x0.6% 18.42B
10.33x0.49x4.85x3.01% 17.42B
13.37x1.37x7.06x4.09% 16.57B
47.78x5.23x36.52x0.76% 15.17B
Average 19.41x 1.58x 10.92x 2.58% 25.19B
Weighted average by Cap. 17.94x 1.36x 9.59x 2.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA