Company Valuation: InnoTec TSS AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 94.26 110.5 80.58 65.08 58.86 69.38
Change - 17.26% -27.1% -19.24% -9.56% 17.89%
Enterprise Value (EV) 1 78.33 99.35 70.49 50.5 42.13 50.63
Change - 26.84% -29.05% -28.35% -16.57% 20.16%
P/E 11.6x 12.7x 7.54x 10.5x 9.66x 11.4x
PBR 1.13x 1.3x 0.91x 0.74x 0.65x 0.75x
PEG - 1.8x 0.3x -0.3x -4.68x 43.4x
Capitalization / Revenue 0.91x 0.96x 0.63x 0.57x 0.52x 0.58x
EV / Revenue 0.76x 0.86x 0.55x 0.44x 0.37x 0.42x
EV / EBITDA 4.88x 5.89x 3.45x 3.73x 3.27x 3.75x
EV / EBIT 6.37x 8.1x 4.67x 5.86x 5.06x 5.95x
EV / FCF 7.2x 52.1x 12.4x 4.87x 6.74x 8.8x
FCF Yield 13.9% 1.92% 8.06% 20.6% 14.8% 11.4%
Dividend per Share 2 0.75 0.75 0.7 0.4 0.4 0.4
Rate of return 7.61% 6.49% 8.31% 5.88% 6.5% 5.52%
EPS 2 0.8499 0.91 1.117 0.65 0.6366 0.6382
Distribution rate 88.2% 82.4% 62.7% 61.5% 62.8% 62.7%
Net sales 1 103.6 115.6 128.8 114.7 113.7 119.7
EBITDA 1 16.06 16.87 20.44 13.55 12.9 13.49
EBIT 1 12.29 12.27 15.1 8.613 8.321 8.505
Net income 1 8.134 8.722 10.69 6.223 6.092 6.108
Net Debt 1 -15.94 -11.18 -10.09 -14.58 -16.72 -18.76
Reference price 2 9.850 11.550 8.420 6.800 6.150 7.250
Nbr of stocks (in thousands) 9,570 9,570 9,570 9,570 9,570 9,570
Announcement Date 4/30/21 4/28/22 4/28/23 4/30/24 4/30/25 4/23/26
1EUR in Million2EUR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 76.16M
16.61x1.22x8.76x3.39% 1.04B
13x1.86x7.97x3.92% 217M
24.18x0.56x4.28x5.06% 172M
Average 17.93x 1.21x 7.00x 4.12% 377.22M
Weighted average by Cap. 16.97x 1.24x 8.10x 3.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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