Company Valuation: Intercos S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,346 1,222 1,376 1,340 1,066 1,249 - -
Change - -9.19% 12.6% -2.66% -20.46% 17.18% - -
Enterprise Value (EV) 1 1,473 1,313 1,477 1,438 1,166 1,360 1,332 1,303
Change - -10.84% 12.46% -2.65% -18.87% 16.65% -2.09% -2.18%
P/E 48.5x 27x 26.5x 27.8x 21.7x 18.9x 16.5x 14.9x
PBR 3.67x 2.92x 3.08x 2.81x 2.19x 2.38x 2.15x 1.95x
PEG - 0.4x 1.8x -3.75x 10.85x 0.5x 1.2x 1.3x
Capitalization / Revenue 2x 1.46x 1.39x 1.26x 1.02x 1.13x 1.07x 1.02x
EV / Revenue 2.19x 1.57x 1.49x 1.35x 1.11x 1.24x 1.14x 1.06x
EV / EBITDA 14.6x 10.8x 10.7x 10x 7.48x 8.25x 7.49x 6.83x
EV / EBIT 34.4x 18.5x 16x 15.3x 11.3x 12.3x 10.9x 9.81x
EV / FCF 64.1x 51.3x 30.6x 42x 23.6x 26.6x 24.2x 19.3x
FCF Yield 1.56% 1.95% 3.27% 2.38% 4.23% 3.75% 4.13% 5.17%
Dividend per Share 2 - - - - - 0.2372 0.2725 0.3014
Rate of return - - - - - 1.83% 2.1% 2.33%
EPS 2 0.29 0.47 0.54 0.5 0.51 0.6858 0.7839 0.8707
Distribution rate - - - - - 34.6% 34.8% 34.6%
Net sales 1 673.7 835.6 988.2 1,065 1,047 1,100 1,164 1,227
EBITDA 1 101.1 121.7 137.5 143.3 156 164.9 177.9 190.7
EBIT 1 42.8 70.9 92.07 93.7 103.2 110.9 121.9 132.8
Net income 1 26.5 45 52.34 48.8 50.1 66.4 74.87 83.53
Net Debt 1 126.6 90.65 100.2 97.7 100.5 111.6 83.18 54.2
Reference price 2 14.06 12.70 14.30 13.92 11.06 12.96 12.96 12.96
Nbr of stocks (in thousands) 95,742 96,258 96,258 96,258 96,364 96,364 - -
Announcement Date 3/23/22 3/14/23 3/20/24 3/4/25 3/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.3x4.32x15.82x2.82% 353B
17.78x2.71x12.01x3.55% 133B
25.78x3.86x16.23x2.23% 76.12B
45.78x7.34x31.87x2.06% 54.32B
20.81x2.91x12.06x4.28% 38.07B
81.12x2.44x14.83x1.68% 30.29B
15.63x1.56x8.75x3.3% 19.6B
17.75x1.27x7.61x1.33% 19.13B
20.15x1.57x10.02x2.57% 18.45B
Average 29.68x 3.11x 14.36x 2.65% 82.44B
Weighted average by Cap. 25.54x 3.84x 15.58x 2.83%

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