Company Valuation: Neolife

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 2.878 6.866 23.36 16.13 3.687 6.929
Change - 138.54% 240.27% -30.95% -77.14% 87.91%
Enterprise Value (EV) 1 3.787 7.143 23.31 17 4.341 7.35
Change - 88.61% 226.3% -27.07% -74.46% 69.33%
P/E -1.43x -8.1x -45.2x -95.3x -1.87x -13.2x
PBR 1.73x 3.27x 10.9x 7.24x 1.41x 1.61x
PEG - 0.1x 0.9x 1.4x -0x 0.2x
Capitalization / Revenue 0.4x 0.79x 2.88x 1.46x 0.27x 0.52x
EV / Revenue 0.53x 0.83x 2.87x 1.53x 0.32x 0.55x
EV / EBITDA -4.65x -15.6x 68.8x 118x -4.85x 49.3x
EV / EBIT -2.55x -11.3x -68.3x 1,953x -4.21x -13.9x
EV / FCF -9.73x -18.3x 55.1x -15.6x -7.71x -
FCF Yield -10.3% -5.47% 1.82% -6.41% -13% -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.07 -0.02 -0.01 -0.003233 -0.0376 -0.005432
Distribution rate - - - - - -
Net sales 1 7.198 8.655 8.126 11.09 13.55 13.43
EBITDA 1 -0.8147 -0.4572 0.3389 0.1444 -0.8945 0.1491
EBIT 1 -1.482 -0.6331 -0.3414 0.008702 -1.03 -0.5289
Net income 1 -1.859 -0.9307 -0.5163 -0.1693 -3.625 -0.5235
Net Debt 1 0.9088 0.2768 -0.0553 0.8645 0.6534 0.4211
Reference price 2 0.1000 0.1620 0.4520 0.3080 0.0704 0.0719
Nbr of stocks (in thousands) 28,783 42,382 51,687 52,378 52,378 96,371
Announcement Date 6/25/20 6/25/20 4/5/22 4/5/22 4/28/23 4/29/24
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.14M
16.98x2.01x9.61x1.57% 66.73B
30.79x4.89x16.16x0.75% 36.29B
35.55x3.66x18.76x0.94% 36.19B
13.15x1.57x7.19x2.31% 33.63B
29.57x5.34x15.69x0.62% 33.6B
18.63x2.47x9.45x1.3% 27.27B
21.36x6.27x13.61x2.04% 21.89B
81.59x4.45x83.53x0.32% 21.76B
11.72x1.31x6.45x0.83% 17.54B
Average 28.82x 3.55x 20.05x 1.19% 29.49B
Weighted average by Cap. 26.89x 3.39x 17.50x 1.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA