Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,356 - -
Change - 46.51% - -
Enterprise Value (EV) 1 7,068 17,218 17,144 16,926
Change - 143.59% -0.43% -1.27%
P/E - 23.4x 16.9x 13.5x
PBR - -4.6x -6.41x -7.75x
PEG - - 0.4x 0.5x
Capitalization / Revenue 0.79x 1x 0.94x 0.89x
EV / Revenue 0.79x 1.66x 1.55x 1.45x
EV / EBITDA - 8.92x 8.13x 7.47x
EV / EBIT - 11x 9.23x 8.47x
EV / FCF - 24.5x 16.1x 14.3x
FCF Yield - 4.08% 6.2% 6.97%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.67% 7.75% 8.06%
EPS 2 - 0.5566 0.7698 0.9626
Distribution rate - 180% 131% 109%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,930 2,109 2,266
EBIT 1 - 1,565 1,858 1,999
Net income 1 732 616.8 694.7 819.5
Net Debt 1 - 6,862 6,789 6,570
Reference price 2 19.10 13.03 13.03 13.03
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 3/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.68x9.02x - 12.04B
24.39x6.28x14.71x1.61% 26.28B
43.97x1.53x9.91x-.--% 17.51B
11.75x5.31x8.07x4.29% 13.69B
93.42x1.83x16.48x-.--% 11.83B
35.06x3.87x19.24x2.92% 8.64B
17.08x3.28x8.2x2.29% 6.63B
12.89x2.26x7.76x0.88% 6.48B
-46.55x1.39x4.41x-.--% 6.12B
11.78x3.36x8.14x0.56% 5.81B
Average 22.64x 3.08x 10.60x 1.39% 11.5B
Weighted average by Cap. 28.75x 3.51x 11.47x 1.46%

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