Projected Income Statement: OPAP

Forecast Balance Sheet: OPAP

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - 6,974 6,908 6,845
Change - - -0.95% -0.91%
Announcement Date 3/19/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: OPAP

Fiscal Period: December 2026 2027 2028
CAPEX 1 255.2 192.9 189.9
Change - -24.4% -1.56%
Free Cash Flow (FCF) 1 693 741 931
Change - 6.93% 25.64%
Announcement Date - - -
1EUR in Million
Estimates

Forecast Financial Ratios: OPAP

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 17.92% 18.12% 18.55%
EBIT Margin (%) - 15.1% 15.27% 15.73%
EBT Margin (%) - 9.7% 10.06% 10.94%
Net margin (%) 8.14% 5.92% 6.66% 7.22%
FCF margin (%) - 6.64% 6.71% 8.02%
FCF / Net Income (%) - 112.08% 100.66% 111.09%

Profitability

    
ROA - 7.4% 7.16% 8.01%
ROE - 40% 16.47% 18.84%

Financial Health

    
Leverage (Debt/EBITDA) - 3.73x 3.45x 3.18x
Debt / Free cash flow - 10.06x 9.32x 7.35x

Capital Intensity

    
CAPEX / Current Assets (%) - 2.44% 1.75% 1.64%
CAPEX / EBITDA (%) - 13.64% 9.64% 8.82%
CAPEX / FCF (%) - 36.82% 26.03% 20.4%

Items per share

    
Cash flow per share 1 - 1.286 1.304 1.405
Change - - 1.37% 7.78%
Dividend per Share 1 - 1 1.017 1.059
Change - - 1.67% 4.14%
Book Value Per Share 1 - -2.775 -2.982 -3.068
Change - - -7.47% -2.9%
EPS 1 - 0.5755 0.7427 0.899
Change - - 29.05% 21.05%
Nbr of stocks (in thousands) - 794,759 794,759 794,759
Announcement Date - - - -
1EUR
Estimates
2026 *2027 *
P/E 20x 15.5x
PBR -4.16x -3.87x
EV / Sales 1.55x 1.46x
Yield 8.67% 8.81%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
11.54EUR
Average target price
13.08EUR
Spread / Average Target
+13.35%

Annual profits - Rate of surprise