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 1,219 - -
Change - 83.13% -19.81% 0.4% 149.58% -13.53% - -
Enterprise Value (EV) 1 474.2 748.1 794.6 849.4 1,634 1,358 1,362 1,250
Change - 57.75% 6.21% 6.89% 92.33% -16.87% 0.31% -8.28%
P/E 6.83x 6.81x 4.03x 6.14x 16.9x 14.3x 11.9x 10.7x
PBR 1.11x 1.46x 0.98x 0.86x 1.88x 1.54x 1.44x 1.34x
PEG - 0.1x 0.1x -0.2x -1.8x 7.78x 0.6x 1x
Capitalization / Revenue 0.1x 0.2x 0.16x 0.16x 0.41x 0.36x 0.33x 0.32x
EV / Revenue 0.13x 0.21x 0.22x 0.24x 0.47x 0.4x 0.37x 0.32x
EV / EBITDA 2.11x 3.21x 3.51x 3.43x 6x 5.36x 4.9x 4.28x
EV / EBIT 4.13x 5.39x 6.48x 6.51x 11.6x 9.6x 8.67x 7.25x
EV / FCF -1.98x 2.63x -10.9x 35.9x 13x 13.6x 11.4x 10.5x
FCF Yield -50.5% 38% -9.2% 2.79% 7.67% 7.37% 8.78% 9.56%
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% 2.25% 2.61% 2.94%
EPS 2 3.04 5.59 7.57 5 4.53 4.613 5.568 6.187
Distribution rate - 7.16% 7.93% 18% 30.9% 32.2% 31% 31.4%
Net sales 1 3,765 3,563 3,596 3,559 3,475 3,426 3,673 3,846
EBITDA 1 224.8 233.1 226.4 247.9 272.3 253.2 278.3 292.2
EBIT 1 114.8 138.9 122.6 130.5 140.5 141.5 157.1 172.3
Net income 1 61.16 104.8 141 92.36 83.64 85.8 105.1 116.7
Net Debt 1 91.19 46.67 232.1 284.6 224.1 139.2 143.4 30.64
Reference price 2 20.76 38.05 30.50 30.70 76.50 66.00 66.00 66.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
55.04x2.54x24.23x0.07% 95.73B
12.19x1.05x5.73x4.79% 70.41B
34x4.27x23.21x0.2% 58.02B
25.94x2x19.66x1.18% 55.34B
50.17x3.99x25.34x1.89% 39.47B
27.1x0.68x11.21x2.28% 34.12B
22.9x1.56x14.41x0.2% 33.09B
21.74x0.43x6.87x2.76% 29.68B
4.94x0.31x5.78x5.95% 26.39B
Average 28.22x 1.87x 15.16x 2.15% 49.14B
Weighted average by Cap. 31.60x 2.10x 16.67x 1.85%

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

LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!