Company Valuation: Mondi plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,542 7,707 8,593 6,354 4,586 4,310 - -
Change - -26.89% 11.49% -26.05% -27.83% -6.03% - -
Enterprise Value (EV) 1 12,293 7,707 9,012 8,086 7,185 6,965 6,871 6,742
Change - -37.3% 16.93% -10.27% -11.14% -3.06% -1.35% -1.88%
P/E 14x 5.31x -61.9x 29.4x 27.8x -102x 16.3x 12.8x
PBR 2.34x - 1.67x 1.32x 0.97x 0.91x 0.87x 0.83x
PEG - 0.1x 1x -0x -1.2x 1x -0x 0.5x
Capitalization / Revenue 1.37x 0.87x 1.17x 0.86x 0.6x 0.54x 0.51x 0.5x
EV / Revenue 1.59x 0.87x 1.23x 1.09x 0.94x 0.87x 0.82x 0.78x
EV / EBITDA 8.18x 4.17x 7.5x 7.71x 7.18x 8.09x 6.71x 5.9x
EV / EBIT 11.6x 5.34x 11.4x 13.3x 14.5x 18.9x 13.2x 10.7x
EV / FCF 21.3x - 17x -98.6x 29.2x 43.8x 19.8x 17.3x
FCF Yield 4.69% - 5.87% -1.01% 3.42% 2.28% 5.05% 5.77%
Dividend per Share 2 0.715 - 0.7 0.7 0.2825 0.2062 0.3021 0.3921
Rate of return 2.99% - 3.59% 4.86% 2.71% 2.11% 3.09% 4.01%
EPS 2 1.714 3.291 -0.315 0.491 0.374 -0.0961 0.5996 0.7667
Distribution rate 41.7% - -222% 143% 75.5% -215% 50.4% 51.1%
Net sales 1 7,723 8,902 7,330 7,416 7,663 8,042 8,391 8,639
EBITDA 1 1,503 1,848 1,201 1,049 1,001 861 1,025 1,143
EBIT 1 1,064 1,443 790 606 497 368.6 521.8 630.1
Net income 1 756 1,452 -153 218 165 -71.44 273.6 350.2
Net Debt 1 1,751 - 419 1,732 2,599 2,655 2,561 2,432
Reference price 2 23.915 17.480 19.489 14.414 10.411 9.777 9.777 9.777
Nbr of stocks (in thousands) 440,824 440,928 440,913 440,848 440,537 440,798 - -
Announcement Date 3/3/22 2/23/23 2/22/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-101.06x0.86x8.06x2.12% 4.91B
23.63x1.13x7.3x4.14% 23.22B
23.98x2.37x11.4x2.3% 20.61B
27.92x1.11x8.44x5.2% 18.29B
19.39x2.24x9.13x1.93% 6.1B
20.19x2.36x14.11x2.71% 5.38B
12.4x1.14x6.58x4.38% 4.83B
19.73x1.36x8.87x2.48% 4.02B
6.63x1.27x8.99x1.67% 3.71B
14.33x1.08x7.33x3.87% 3.65B
Average 6.71x 1.49x 9.02x 3.08% 9.47B
Weighted average by Cap. 15.84x 1.54x 9.05x 3.45%

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

-40%: Exceptional extension
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