Company Valuation: Kofola CeskoSlovensko

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 4,998 6,574 5,180 5,859 8,337 10,295
Change - 31.54% -21.21% 13.11% 42.28% 23.5%
Enterprise Value (EV) 1 8,846 10,027 8,475 8,719 12,290 15,781
Change - 13.35% -15.48% 2.88% 40.96% 28.4%
P/E 65.3x 27.8x 20.2x 16.8x 13.9x 15.3x
PBR 3.73x 4.92x 3.89x 4.02x 4.93x 5.29x
PEG - 0x 2.47x 0.5x 0.2x 1.2x
Capitalization / Revenue 0.81x 0.99x 0.66x 0.67x 0.75x 0.96x
EV / Revenue 1.43x 1.51x 1.08x 1x 1.11x 1.47x
EV / EBITDA 10.4x 11x 8.71x 7.91x 7.11x 9.52x
EV / EBIT 24.2x 23x 16.1x 12.2x 10.2x 15x
EV / FCF 17.9x 15.4x 26.8x 10.4x 20.6x -29.9x
FCF Yield 5.6% 6.5% 3.73% 9.66% 4.86% -3.35%
Dividend per Share 2 13.5 11.3 13.46 13.5 21 21
Rate of return 5.72% 3.65% 5.52% 4.89% 5.36% 4.34%
EPS 2 3.612 11.16 12.07 16.39 28.11 31.66
Distribution rate 374% 101% 111% 82.4% 74.7% 66.3%
Net sales 1 6,171 6,636 7,875 8,690 11,082 10,754
EBITDA 1 849.6 912.5 973.1 1,103 1,729 1,658
EBIT 1 364.9 436 525.5 712.3 1,209 1,049
Net income 1 80.52 248.8 269.2 365.4 597.9 673.9
Net Debt 1 3,848 3,453 3,295 2,860 3,954 5,485
Reference price 2 236.00 310.00 244.00 276.00 392.00 483.50
Nbr of stocks (in thousands) 21,178 21,207 21,230 21,230 21,267 21,294
Announcement Date 4/15/21 4/13/22 4/13/23 4/11/24 5/21/25 4/23/26
1CZK in Million2CZK
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 504M
25.9x8.02x22.98x2.45% 374B
15.34x2.16x11.05x4.55% 176B
36.27x8.04x26.02x-.--% 81.77B
21.19x6.11x13.62x3.33% 56.64B
20.56x2.31x12.72x2.45% 45.22B
19.02x2.69x10.5x3.02% 42.23B
15.55x1.46x7.21x4.01% 22.79B
17.58x1.55x9.68x2.58% 20.93B
16.48x1.45x7.11x4.96% 18.31B
Average 20.88x 3.75x 13.43x 3.04% 83.77B
Weighted average by Cap. 23.05x 5.60x 17.85x 2.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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