Company Valuation: Holland Colours NV

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 106.7 134.6 101.5 80.87 75.28 76.57
Change - 26.21% -24.6% -20.34% -6.91% 1.71%
Enterprise Value (EV) 1 91.64 119 86.64 63.45 55.49 67.24
Change - 29.81% -27.17% -26.77% -12.55% 21.16%
P/E 11.3x 13.2x 17.3x 15.6x 12.8x 22x
PBR 2.12x 2.35x 1.73x 1.32x 1.17x 1.27x
PEG - 1.77x -0.4x -1.3x 0.9x -0.5x
Capitalization / Revenue 1.11x 1.22x 0.91x 0.78x 0.67x 0.7x
EV / Revenue 0.95x 1.08x 0.78x 0.61x 0.49x 0.62x
EV / EBITDA 6.22x 7.45x 8.78x 6.21x 5.12x 8.74x
EV / EBIT 7.38x 8.73x 11.9x 8.28x 6.96x 14.3x
EV / FCF 6.93x 40.9x 28x 10.5x 12.9x -23.4x
FCF Yield 14.4% 2.44% 3.58% 9.49% 7.73% -4.27%
Dividend per Share 2 10.05 5.91 3.41 3.01 6.85 2.02
Rate of return 8.1% 3.78% 2.89% 3.2% 7.83% 2.27%
EPS 2 11.01 11.83 6.822 6.02 6.846 4.05
Distribution rate 91.3% 50% 50% 50% 100% 49.9%
Net sales 1 96.03 110.5 111.4 103.3 112.3 109
EBITDA 1 14.74 15.96 9.867 10.22 10.84 7.693
EBIT 1 12.42 13.63 7.293 7.659 7.969 4.702
Net income 1 9.471 10.18 5.869 5.182 5.89 3.484
Net Debt 1 -15.04 -15.68 -14.88 -17.42 -19.79 -9.335
Reference price 2 124.00 156.50 118.00 94.00 87.50 89.00
Nbr of stocks (in thousands) 860 860 860 860 860 860
Announcement Date 6/3/21 5/25/22 6/1/23 5/31/24 5/27/25 5/28/26
1EUR in Million2EUR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 76.01M
36.06x4.94x20.04x1.07% 76.73B
30.22x4.52x19.49x2.2% 37.4B
24.88x2.96x15.34x2.09% 35.56B
14.15x1.48x8.24x2.95% 31.26B
35.17x6.42x17.03x1.75% 29.2B
14.02x1.36x8.35x2.26% 25.12B
38.36x9.44x28.29x2.26% 23.49B
8.78x2.51x5x2.97% 18.43B
24.4x2.64x10.73x1.85% 17.55B
Average 25.12x 4.03x 14.72x 2.16% 29.48B
Weighted average by Cap. 27.46x 4.19x 16.02x 1.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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