Company Valuation: MLP SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 936.8 561.7 605.7 670 753.7 807.4 - -
Change - -40.04% 7.83% 10.61% 12.49% 7.13% - -
Enterprise Value (EV) 1 -441 -399.5 -448.2 -480.3 674.8 2,854 2,790 2,699
Change - 9.41% -12.2% -7.17% 240.49% 322.98% -2.24% -3.26%
P/E 15x 10.9x 12.6x 9.73x 13.6x 10.9x 9.51x 8.22x
PBR 1.89x 1.07x 1.14x 1.17x 1.29x 1.31x 1.23x 1.15x
PEG - -0.6x -1.97x 0.2x -0.7x 0.3x 0.6x 0.5x
Capitalization / Revenue 1x 0.59x 0.62x 0.63x 0.7x 0.71x 0.67x 0.63x
EV / Revenue -0.47x -0.42x -0.46x -0.45x 0.63x 2.53x 2.32x 2.1x
EV / EBITDA -3.47x -3.61x -4.21x -3.84x 4.91x 19.9x 17.5x 15.6x
EV / EBIT -4.56x -5.28x -6.34x -5.06x 6.95x 26x 22.5x 19.3x
EV / FCF -0.82x 1.27x -4.48x -3.49x -40.6x 23.1x 23.2x 24.5x
FCF Yield -122% 78.8% -22.3% -28.7% -2.47% 4.32% 4.32% 4.09%
Dividend per Share 2 0.3 0.3 0.3 0.36 0.36 0.395 0.43 0.5167
Rate of return 3.5% 5.84% 5.42% 5.87% 5.2% 5.32% 5.8% 6.96%
EPS 2 0.57 0.47 0.44 0.63 0.51 0.6794 0.7806 0.9025
Distribution rate 52.6% 63.8% 68.2% 57.1% 70.6% 58.1% 55.1% 57.2%
Net sales 1 934.5 949.1 973.5 1,067 1,080 1,130 1,203 1,286
EBITDA 1 127.2 110.6 106.5 125 137.3 143.4 159.2 172.6
EBIT 1 96.8 75.6 70.7 95 97.1 109.7 124.3 139.6
Net income 1 62.8 48.6 44.1 69.3 55.63 74.37 85.14 96.57
Net Debt 1 -1,378 -961.2 -1,054 -1,150 -78.86 2,047 1,983 1,892
Reference price 2 8.570 5.140 5.540 6.130 6.920 7.420 7.420 7.420
Nbr of stocks (in thousands) 109,314 109,288 109,333 109,298 108,913 108,813 - -
Announcement Date 3/10/22 3/9/23 3/7/24 3/10/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.71x3.48x9.53x3.06% 62.48B
11.69x - - 3.2% 41.93B
7.12x - - 2.57% 12.4B
4.29x1.2x - 4.16% 10.6B
10.76x0.77x - 2.08% 8.41B
7.67x - - 6.92% 6.67B
-165.29x2.87x15.9x1.02% 4.31B
16.41x - - - 4.42B
27.76x - - 1.62% 4.2B
Average -6.76x 2.08x 12.71x 3.08% 17.27B
Weighted average by Cap. 9.09x 2.90x 9.94x 3.15%

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