Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 9,024 - -
Change - 27.68% - -
Enterprise Value (EV) 1 7,068 15,912 15,964 15,907
Change - 125.12% 0.32% -0.35%
P/E - 20.3x 15.4x 12.7x
PBR - -4.06x -3.77x -3.66x
PEG - - 0.5x 0.6x
Capitalization / Revenue 0.79x 0.89x 0.82x 0.78x
EV / Revenue 0.79x 1.56x 1.44x 1.37x
EV / EBITDA - 8.68x 8.03x 7.43x
EV / EBIT - 10.7x 9.62x 8.74x
EV / FCF - 22.3x 20.9x 17.5x
FCF Yield - 4.49% 4.79% 5.71%
Dividend per Share 2 - 1 1.014 1.058
Rate of return - 8.81% 8.93% 9.31%
EPS 2 - 0.56 0.7376 0.8938
Distribution rate - 179% 138% 118%
Net sales 1 8,991 10,171 11,064 11,630
EBITDA 1 - 1,833 1,989 2,140
EBIT 1 - 1,489 1,660 1,820
Net income 1 732 589.3 688.2 792.6
Net Debt 1 - 6,887 6,939 6,883
Reference price 2 19.10 11.36 11.36 11.36
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 3/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 1.56x8.68x - 10.08B
25.1x6.45x15.11x1.56% 27.11B
14.55x2.66x7.28x3.21% 23.18B
13.21x2.21x7.75x5.63% 17.89B
14.31x6.35x9.69x3.46% 15.29B
-79.06x1.38x9.47x-.--% 14.33B
12.73x2.05x7.9x9.47% 11.02B
-387.51x1.64x16.67x-.--% 10.38B
34.02x3.84x18.34x3.12% 8.48B
14.44x0.63x2.53x-.--% 7.58B
Average -37.58x 2.88x 10.34x 2.94% 14.53B
Weighted average by Cap. -23.25x 3.34x 10.48x 2.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - OPAP

Historical PBR trend

Valuation ratios - PBR - OPAP

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - OPAP

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - OPAP


Year-on-year evolution of the Yield

Valuation ratios - Yield - OPAP