Company Valuation: Netfonds AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 95.26 88.91 100 97.28 95.65 198.3 - -
Change - -6.66% 12.47% -2.72% -1.68% 107.32% - -
Enterprise Value (EV) 1 97.28 91.57 106.2 108.6 120.2 202.9 187.7 183.8
Change - -5.87% 15.93% 2.32% 10.66% 68.81% -7.52% -2.05%
P/E 11.3x 105x -160x 55.3x 49.8x 22.1x 20.4x 19.2x
PBR - - - 4.37x 4.28x 5.41x 4.09x -
PEG - -1.2x 1x -0x 5.95x 0x 2.33x 3.17x
Capitalization / Revenue 0.49x 0.5x - 0.41x 0.35x 0.65x 0.61x 0.56x
EV / Revenue 0.5x 0.52x - 0.46x 0.44x 0.66x 0.58x 0.52x
EV / EBITDA 6.22x 14.1x - 13.5x 9.93x 11.7x 9.14x 8.1x
EV / EBIT 8.34x 30.9x 78.6x 32.6x 21.5x 15.8x 12.2x 10.5x
EV / FCF -5.16x 75.8x -86.1x -15.1x 9.02x 23.1x 17.4x 17.2x
FCF Yield -19.4% 1.32% -1.16% -6.6% 11.1% 4.32% 5.76% 5.82%
Dividend per Share 2 - 0.25 - - - 0.425 0.425 0.4
Rate of return - 0.62% - - - 0.5% 0.5% 0.47%
EPS 2 3.79 0.384 -0.268 0.7601 0.8237 3.84 4.177 4.43
Distribution rate - 65.1% - - - 11.1% 10.2% 9.03%
Net sales 1 193.2 176.4 - 237.1 275.9 305.5 325.9 353.6
EBITDA 1 15.65 6.473 - 8.063 12.1 17.35 20.53 22.7
EBIT 1 11.67 2.962 1.35 3.33 5.6 12.87 15.37 17.43
Net income 1 8.4 0.8501 -0.6209 1.773 1.925 9 9.7 10.3
Net Debt 1 2.025 2.655 6.154 11.33 24.54 4.6 -10.65 -14.5
Reference price 2 43.00 40.20 43.00 42.00 41.00 85.00 85.00 85.00
Nbr of stocks (in thousands) 2,215 2,212 2,326 2,316 2,333 2,333 - -
Announcement Date 5/7/22 6/30/23 5/22/24 6/16/25 7/6/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.97x0.65x10.81x0.51% 223M
19.7x3.76x10.29x2.91% 68.27B
7.76x3.65x31.47x3.1% 43.68B
11.24x - - 2.21% 14.16B
8.8x0.98x - 3.68% 12.45B
12.54x0.85x - 1.95% 9.01B
8.53x - - 6.23% 7.54B
-1324.32x2.98x16.12x1.12% 4.71B
26.86x - - 1.67% 4.09B
Average -133.88x 2.14x 17.17x 2.6% 18.24B
Weighted average by Cap. -24.34x 3.25x 18.44x 2.97%

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

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  4. Valuation Netfonds AG