Company Valuation: Mapfre S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,506 5,534 5,952 7,499 13,158 12,891 - -
Change - 0.5% 7.55% 26.01% 75.46% -2.03% - -
Enterprise Value (EV) 5,506 5,534 5,952 7,499 13,158 12,891 12,891 12,891
Change - 0.5% 7.55% 26.01% 75.46% -2.03% 0% 0%
P/E 7.22x 8.62x 8.83x 7.89x 11.6x 10.2x 9.91x 9.46x
PBR 0.66x 0.77x 0.71x 0.84x 1.39x 1.31x 1.23x 1.16x
PEG - -0.5x 1.85x 0.2x 0.6x 0.9x 3.47x 1.97x
Capitalization / Revenue 0.25x 0.23x 0.22x 0.27x 0.59x 0.43x 0.44x 0.44x
EV / Revenue 0x 0x 0x 0x 0x 0.43x 0.44x 0.44x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.49x 4.41x 4.32x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.1464 0.145 0.15 0.16 0.18 0.2066 0.2149 0.2259
Rate of return 8.11% 8.01% 7.72% 6.54% 4.2% 4.92% 5.12% 5.38%
EPS 2 0.25 0.21 0.22 0.31 0.37 0.412 0.4237 0.4441
Distribution rate 58.6% 69% 68.2% 51.6% 48.6% 50.2% 50.7% 50.9%
Net sales 1 22,155 24,540 26,917 28,122 22,466 29,928 29,094 29,299
EBITDA - - - - - - - -
EBIT 1 1,391 1,398 1,648 2,361 2,800 2,872 2,926 2,985
Net income 1 765.2 642.1 677.2 968 1,133 1,285 1,306 1,370
Net Debt - - - - - - - -
Reference price 2 1.806 1.810 1.943 2.446 4.282 4.200 4.200 4.200
Nbr of stocks (in thousands) 3,049,485 3,057,260 3,063,119 3,065,976 3,072,923 3,069,321 - -
Announcement Date 2/10/22 2/9/23 2/14/24 2/12/25 2/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.49x - - 4.53% 175B
12.3x2.92x10.51x1.21% 128B
14.62x1.78x - 5.61% 104B
19.76x3.45x12.13x2.19% 81.15B
26.76x4.19x12.89x1.23% 57.96B
18.74x3.88x11.43x1.18% 57.16B
8.94x1.34x - 1.94% 34.14B
10.57x0.66x - 3.77% 34.1B
17.35x2.97x10.66x1.31% 26.8B
Average 15.84x 2.65x 11.52x 2.55% 77.62B
Weighted average by Cap. 15.49x 2.77x 11.44x 2.98%

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