Company Valuation: HiPay Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 91.38 17.31 35.12 25.3 49 28.73 -
Change - -81.05% 102.87% -27.97% 93.65% -41.37% -
Enterprise Value (EV) 1 110.7 41.06 60.62 44.62 64.54 44.03 43.23
Change - -62.89% 47.64% -26.4% 44.65% -31.78% -1.82%
P/E -20.9x -2.22x 16.1x 4.32x 8.34x 19x 14.2x
PBR - - - - - - -
PEG - -0x -0x 0x -0.4x -0.3x 0.4x
Capitalization / Revenue 1.7x 0.29x 0.54x 0.34x 0.66x 0.37x 0.36x
EV / Revenue 2.05x 0.7x 0.93x 0.6x 0.86x 0.57x 0.54x
EV / EBITDA 39.6x 31.6x 6.19x 4.15x 7.85x 6.77x 6.45x
EV / EBIT -163x -12.7x 12.4x 7.2x 12.3x 14.2x 13.1x
EV / FCF 57.4x -14.3x 21.9x 9.67x -228x 14.2x 12.7x
FCF Yield 1.74% -6.98% 4.58% 10.3% -0.44% 7.04% 7.87%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.88 -1.57 0.44 1.18 0.93 0.24 0.32
Distribution rate - - - - - - -
Net sales 1 53.9 58.9 65.5 74.3 74.78 77.4 80.1
EBITDA 1 2.798 1.3 9.8 10.76 8.219 6.5 6.7
EBIT 1 -0.68 -3.227 4.9 6.201 5.254 3.1 3.3
Net income 1 -4.348 -7.781 2.2 5.835 5.894 1.5 2
Net Debt 1 19.28 23.75 25.5 19.32 15.55 15.3 14.5
Reference price 2 18.420 3.490 7.080 5.100 7.760 4.550 4.550
Nbr of stocks (in thousands) 4,961 4,961 4,961 4,961 6,314 6,314 -
Announcement Date 4/7/22 4/6/23 4/11/24 4/11/25 5/3/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.86x14.71x20.91x0.75% 664B
45.33x1.68x9.4x-.--% 45.14B
10.32x1.38x7.08x1.07% 44.92B
19.82x6.07x11.57x-.--% 25.95B
9.74x2.57x6.19x-.--% 24.43B
-19.83x3.24x6.92x1.22% 22.23B
86.45x9.31x83.22x-.--% 11.87B
21.17x6.68x20.61x-.--% 11.12B
15.12x2.59x6.11x5.1% 7.28B
Average 24.11x 5.36x 19.11x 0.9% 95.17B
Weighted average by Cap. 27.25x 12.14x 19.24x 0.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA