Company Valuation: NSE

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 38.71 61.92 50.8 79.37 91.76 127
Change - 59.95% -17.95% 56.24% 15.6% 38.36%
Enterprise Value (EV) 1 44.54 58.17 50.56 80.41 84.95 134.5
Change - 30.6% -13.08% 59.03% 5.64% 58.33%
P/E 9.8x 15.2x 16.6x 19.2x 25.3x 23.8x
PBR 1.33x 1.84x 1.41x 2.03x 2.2x 2.59x
PEG - 6.3x -0.7x 0.5x -2.1x 0.6x
Capitalization / Revenue 0.55x 0.93x 0.77x 1.03x 0.89x 1.16x
EV / Revenue 0.63x 0.87x 0.77x 1.04x 0.82x 1.23x
EV / EBITDA 5.41x 8.35x 10.7x 13.1x 10.2x 11.4x
EV / EBIT 6.24x 9.98x 15x 17.7x 12.4x 14.4x
EV / FCF 51.7x 5.49x -16.4x 194x 8.61x 34.7x
FCF Yield 1.93% 18.2% -6.11% 0.51% 11.6% 2.88%
Dividend per Share 2 0.2 0.22 0.22 - 0.27 -
Rate of return 1.63% 1.13% 1.38% - 0.93% -
EPS 2 1.256 1.286 0.9627 1.301 1.142 1.619
Distribution rate 15.9% 17.1% 22.9% - 23.6% -
Net sales 1 70.4 66.62 65.57 76.99 103.6 109.6
EBITDA 1 8.228 6.966 4.73 6.135 8.361 11.81
EBIT 1 7.142 5.831 3.377 4.549 6.835 9.361
Net income 1 3.953 4.084 3.056 4.133 3.625 5.335
Net Debt 1 5.826 -3.752 -0.24 1.038 -6.809 7.543
Reference price 2 12.30 19.50 16.00 25.00 28.90 38.50
Nbr of stocks (in thousands) 3,147 3,175 3,175 3,175 3,175 3,298
Announcement Date 5/3/21 5/2/22 4/28/23 5/14/24 4/25/25 5/26/26
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 124M
31.82x5.95x18.1x0.62% 201B
33.8x12.01x21.91x0.81% 121B
51.5x6.46x22.13x0.82% 119B
12.85x0.29x6.45x3.91% 104B
33.29x5.42x17.77x1.04% 77.69B
55.01x5.95x27.22x0.25% 63.7B
19.92x7.1x14.41x0.64% 63.74B
16.08x0.96x10.75x0.79% 53.79B
33.85x4.8x18.09x0.02% 49.35B
Average 32.01x 5.44x 17.43x 0.99% 85.34B
Weighted average by Cap. 32.65x 5.85x 17.70x 1.06%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NSE

Historical PBR trend

Valuation ratios - PBR - NSE

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NSE

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NSE