Company Valuation: Lavena AD

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 37.68 37.7 27.76 17.35 14.93 22.43
Change - 0.05% -26.37% -37.49% -13.94% 50.2%
Enterprise Value (EV) 1 42.71 41.05 33.73 20.65 16.19 22.94
Change - -3.89% -17.84% -38.78% -21.61% 41.7%
P/E 17x 25.7x 26.5x 10.5x 6.82x 10.3x
PBR 1.63x 1.57x 1.11x 0.66x 0.53x 0.75x
PEG - -0.8x -0.9x 0.2x 0.2x 112.11x
Capitalization / Revenue 1.91x 2.03x 1.33x 0.73x 0.58x 0.87x
EV / Revenue 2.16x 2.21x 1.62x 0.87x 0.63x 0.89x
EV / EBITDA 10.3x 12.1x 11.3x 5.56x 3.66x 6.06x
EV / EBIT 15.7x 22.4x 27.8x 11.1x 6.86x 9.72x
EV / FCF 32.9x 22.1x -13.4x 8.53x 7.75x 17.1x
FCF Yield 3.04% 4.53% -7.46% 11.7% 12.9% 5.83%
Dividend per Share 2 0.03 0.02 0.02 0.03 0.08 0.04
Rate of return 0.79% 0.53% 0.71% 1.71% 5.33% 1.77%
EPS 2 0.2239 0.1476 0.1059 0.1667 0.2199 0.2201
Distribution rate 13.4% 13.6% 18.9% 18% 36.4% 18.2%
Net sales 1 19.76 18.6 20.83 23.66 25.61 25.91
EBITDA 1 4.14 3.38 2.993 3.716 4.417 3.783
EBIT 1 2.714 1.831 1.213 1.865 2.359 2.36
Net income 1 2.221 1.464 1.05 1.654 2.181 2.183
Net Debt 1 5.03 3.348 5.968 3.298 1.254 0.507
Reference price 2 3.800 3.800 2.800 1.750 1.500 2.260
Nbr of stocks (in thousands) 9,919 9,919 9,919 9,919 9,919 9,919
Announcement Date 3/11/21 2/25/22 4/21/23 4/24/24 4/24/25 4/27/26
1BGN in Million2BGN
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 11.34M
29.89x4.59x18.96x1.99% 237B
52.84x7.57x28.99x0.24% 46.5B
23.36x4.25x16.51x1.45% 9.97B
32.02x1.61x11.99x1.71% 9.04B
23.88x1.69x10.89x1.14% 6.43B
54.61x3.33x16.21x-.--% 6.03B
24.21x2.45x13.16x2.71% 3.79B
11.93x1.45x8.06x3.42% 3.3B
23.07x3.05x14.63x3.23% 3.11B
Average 30.65x 3.33x 15.49x 1.76% 32.55B
Weighted average by Cap. 33.05x 4.77x 19.69x 1.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


-40%: Exceptional extension
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