Company Valuation: KEO plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 53.15 55.26 64.96 68.76 95.33 109.7
Change - 3.97% 17.56% 5.84% 38.65% 15.04%
Enterprise Value (EV) 1 48.8 50.67 73.2 76.65 97.48 107
Change - 3.83% 44.48% 4.7% 27.17% 9.73%
P/E 80.8x 10.8x 9.43x 6.45x 8.68x 8.12x
PBR 0.73x 0.71x 0.8x 0.74x 0.95x 0.94x
PEG - 0x 0.3x 0.1x 2.85x 0.4x
Capitalization / Revenue 1.28x 1.07x 1.03x 0.96x 1.27x 1.47x
EV / Revenue 1.18x 0.98x 1.16x 1.07x 1.29x 1.44x
EV / EBITDA 17.3x 8.44x 9.23x 7.08x 8.49x 9.68x
EV / EBIT 60.4x 12.5x 12.7x 8.92x 10.5x 12.2x
EV / FCF 18x -188x -26.3x 84.8x 16.8x 23.7x
FCF Yield 5.57% -0.53% -3.8% 1.18% 5.97% 4.21%
Dividend per Share 2 0.04 0.065 - - 0.08 -
Rate of return 3.17% 4.96% - - 3.54% -
EPS 2 0.0156 0.1218 0.1633 0.2526 0.2603 0.32
Distribution rate 256% 53.4% - - 30.7% -
Net sales 1 41.44 51.45 63.32 71.43 75.33 74.44
EBITDA 1 2.824 6.005 7.928 10.82 11.48 11.05
EBIT 1 0.808 4.042 5.771 8.59 9.293 8.753
Net income 1 0.658 5.138 6.89 10.65 10.98 13.5
Net Debt 1 -4.353 -4.592 8.244 7.891 2.145 -2.712
Reference price 2 1.260 1.310 1.540 1.630 2.260 2.600
Nbr of stocks (in thousands) 42,182 42,182 42,182 42,182 42,182 42,182
Announcement Date 4/21/21 4/12/22 4/27/23 4/24/24 4/30/25 4/29/26
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 161M
15.29x3.3x9.14x1.82% 155B
15.4x1.83x8.15x2.81% 46.37B
14.39x2.39x7.1x6.2% 44.92B
11.34x3.69x9.91x3.05% 23.16B
14.29x1.9x8.88x3.55% 19.35B
12.92x1.24x8.56x3.35% 15.46B
14.17x1.28x8.9x2.56% 15.23B
Average 13.97x 2.23x 8.66x 3.33% 39.9B
Weighted average by Cap. 14.66x 2.71x 8.71x 2.88%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA