Company Valuation: MPICO plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 48,259 47,570 47,432 34,471 42,583 44,835
Change - -1.43% -0.29% -27.33% 23.53% 5.29%
Enterprise Value (EV) 1 53,767 52,273 50,653 38,549 41,592 45,982
Change - -2.78% -3.1% -23.9% 7.89% 10.55%
P/E 11.4x 10.1x 8.28x 6.3x 4.99x 3.3x
PBR 1.11x 1.01x 0.91x 0.6x 0.66x 0.58x
PEG - 0.9x 0.4x -1.4x 0.1x 0.1x
Capitalization / Revenue 7.31x 7.04x 6.79x 4.7x 4.97x 4.6x
EV / Revenue 8.14x 7.74x 7.25x 5.26x 4.85x 4.71x
EV / EBITDA 14.1x 24.6x 22.3x 20.3x 16.4x 20.8x
EV / EBIT 14.8x 26.6x 23.7x 21.5x 16.8x 21.4x
EV / FCF -45.8x 42.1x 22.9x -30.4x 8.69x -21.9x
FCF Yield -2.18% 2.38% 4.37% -3.28% 11.5% -4.56%
Dividend per Share 2 0.28 0.31 0.36 0.38 0.43 0.5
Rate of return 1.33% 1.5% 1.74% 2.53% 2.32% 2.56%
EPS 2 1.841 2.048 2.492 2.38 3.716 5.91
Distribution rate 15.2% 15.1% 14.4% 16% 11.6% 8.46%
Net sales 1 6,605 6,755 6,989 7,335 8,573 9,755
EBITDA 1 3,802 2,121 2,273 1,897 2,541 2,211
EBIT 1 3,642 1,965 2,134 1,789 2,479 2,147
Net income 1 4,231 4,706 5,726 5,469 8,540 13,580
Net Debt 1 5,508 4,704 3,222 4,079 -990.7 1,147
Reference price 2 21.00 20.70 20.64 15.00 18.53 19.51
Nbr of stocks (in thousands) 2,298,047 2,298,047 2,298,047 2,298,047 2,298,047 2,298,047
Announcement Date 3/31/21 6/20/22 6/1/23 6/13/24 6/4/25 6/9/26
1MWK in Million2MWK
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 25.98M
15.68x4.94x13.3x3.23% 44.6B
8.45x1.48x7.55x4.18% 29.72B
19.91x4.14x16.91x1.25% 29.33B
5.58x0.6x1.23x9.03% 26.66B
14.34x3.11x14.91x2.45% 25.48B
9.07x2.34x7.2x3.85% 21.38B
14.8x6.76x18.15x1.45% 20.76B
Average 12.55x 3.34x 11.32x 3.63% 24.75B
Weighted average by Cap. 12.88x 3.39x 11.40x 3.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA