Company Valuation: Implenia AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 383.1 701.5 562.5 564.8 1,410 1,378 - -
Change - 83.13% -19.81% 0.4% 149.58% -2.26% - -
Enterprise Value (EV) 1 474.2 748.1 794.6 849.4 1,634 1,517 1,443 1,348
Change - 57.75% 6.21% 6.89% 92.33% -7.15% -4.91% -6.55%
P/E 6.83x 6.81x 4.03x 6.14x 16.9x 16.3x 13.5x 12.2x
PBR 1.11x 1.46x 0.98x 0.86x 1.88x 1.74x 1.62x 1.51x
PEG - 0.1x 0.1x -0.2x -1.8x 19.45x 0.6x 1.1x
Capitalization / Revenue 0.1x 0.2x 0.16x 0.16x 0.41x 0.4x 0.38x 0.36x
EV / Revenue 0.13x 0.21x 0.22x 0.24x 0.47x 0.44x 0.39x 0.35x
EV / EBITDA 2.11x 3.21x 3.51x 3.43x 6x 5.99x 5.18x 4.61x
EV / EBIT 4.13x 5.39x 6.48x 6.51x 11.6x 10.7x 9.06x 7.82x
EV / FCF -1.98x 2.63x -10.9x 35.9x 13x 15.2x 12.1x 11.3x
FCF Yield -50.5% 38% -9.2% 2.79% 7.67% 6.59% 8.29% 8.86%
Dividend per Share 2 - 0.4 0.6 0.9 1.4 1.483 1.725 1.942
Rate of return - 1.05% 1.97% 2.93% 1.83% 1.99% 2.31% 2.6%
EPS 2 3.04 5.59 7.57 5 4.53 4.568 5.519 6.132
Distribution rate - 7.16% 7.93% 18% 30.9% 32.5% 31.3% 31.7%
Net sales 1 3,765 3,563 3,596 3,559 3,475 3,442 3,673 3,846
EBITDA 1 224.8 233.1 226.4 247.9 272.3 253.2 278.3 292.2
EBIT 1 114.8 138.9 122.6 130.5 140.5 141.5 159.2 172.3
Net income 1 61.16 104.8 141 92.36 83.64 85.8 105.1 116.7
Net Debt 1 91.19 46.67 232.1 284.6 224.1 139.2 64.8 -29.71
Reference price 2 20.76 38.05 30.50 30.70 76.50 74.60 74.60 74.60
Nbr of stocks (in thousands) 18,452 18,436 18,444 18,398 18,427 18,468 - -
Announcement Date 3/8/22 3/1/23 2/28/24 2/26/25 3/4/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.33x0.44x5.99x1.99% 1.65B
47.14x2.31x21.65x0.07% 91.33B
12.77x1.08x5.94x4.56% 70.59B
27.84x2.11x21.3x1.09% 60.91B
57.74x4.48x27.98x1.76% 44.18B
22.26x2.69x14.96x0.3% 39.4B
26.39x0.66x10.83x2.35% 31.83B
19.2x1.33x12.15x0.23% 29.02B
5.79x0.37x7.03x4.88% 28.41B
22.11x0.41x6.42x2.84% 27.36B
Average 25.76x 1.59x 13.42x 2.01% 42B
Weighted average by Cap. 29.49x 1.89x 15.55x 1.85%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Implenia AG

Historical PBR trend

Valuation ratios - PBR - Implenia AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Implenia AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Implenia AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Implenia AG
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