Company Valuation: Neto Malinda Trading Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,263 2,187 1,729 963.8 1,603 2,980
Change - 73.09% -20.91% -44.27% 66.32% 85.93%
Enterprise Value (EV) 1 1,221 2,230 2,167 1,262 1,662 3,242
Change - 82.6% -2.84% -41.77% 31.77% 95%
P/E 9.05x 12x 13.5x 10.9x 7.85x 13.1x
PBR 1.31x 2.05x 1.46x 0.76x 1.11x 1.94x
PEG - 0.4x -0.4x -0.4x 0x 1.2x
Capitalization / Revenue 0.42x 0.66x 0.41x 0.22x 0.33x 0.57x
EV / Revenue 0.41x 0.67x 0.52x 0.29x 0.35x 0.62x
EV / EBITDA 5.86x 8.57x 10.5x 7.71x 5.69x 9.14x
EV / EBIT 6.38x 9.31x 12.1x 9.67x 6.55x 10.3x
EV / FCF 28.4x -960x -12.3x 10.2x 7.17x -26x
FCF Yield 3.52% -0.1% -8.11% 9.82% 14% -3.85%
Dividend per Share 2 - - - - 2.395 7.473
Rate of return - - - - 2.96% 4.96%
EPS 2 7.058 9.24 6.458 4.461 10.32 11.47
Distribution rate - - - - 23.2% 65.2%
Net sales 1 3,012 3,331 4,194 4,361 4,801 5,222
EBITDA 1 208.3 260.2 207.3 163.6 292.3 354.6
EBIT 1 191.4 239.6 179.1 130.5 253.8 314.5
Net income 1 139.7 183 127.8 88.28 204.1 227
Net Debt 1 -42.19 43.17 437.1 297.8 59.32 261.1
Reference price 2 63.84 110.50 87.39 48.70 81.00 150.60
Nbr of stocks (in thousands) 19,790 19,790 19,790 19,790 19,790 19,790
Announcement Date 3/22/21 3/27/22 3/23/23 3/31/24 3/30/25 3/30/26
1ILS in Million2ILS
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 874M
12.89x0.26x7.42x1.15% 2.36B
35.64x - - - 1.13B
-257.27x0.23x6.91x4.81% 878M
9.88x0.39x5.72x6.39% 847M
Average -49.72x 0.30x 6.68x 4.11% 1.22B
Weighted average by Cap. -28.16x 0.28x 6.96x 3.02%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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