Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 9,855 - -
Change - 39.43% - -
Enterprise Value (EV) 1 7,068 16,829 16,763 16,700
Change - 138.1% -0.39% -0.37%
P/E - 21.5x 16.7x 13.8x
PBR - -4.47x -4.16x -4.04x
PEG - - 0.6x 0.7x
Capitalization / Revenue 0.79x 0.97x 0.89x 0.85x
EV / Revenue 0.79x 1.65x 1.52x 1.44x
EV / EBITDA - 9x 8.39x 7.77x
EV / EBIT - 10.7x 9.94x 9.14x
EV / FCF - 23.6x 21.9x 18.4x
FCF Yield - 4.24% 4.56% 5.44%
Dividend per Share 2 - 1 1.014 1.058
Rate of return - 8.06% 8.18% 8.53%
EPS 2 - 0.5755 0.7427 0.899
Distribution rate - 174% 137% 118%
Net sales 1 8,991 10,171 11,064 11,630
EBITDA 1 - 1,869 1,998 2,149
EBIT 1 - 1,576 1,687 1,827
Net income 1 732 564.2 686.5 795
Net Debt 1 - 6,974 6,908 6,845
Reference price 2 19.10 12.40 12.40 12.40
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.($)
- 1.63x8.87x - 10.77B
23.91x6.16x14.44x1.64% 25.68B
12.72x2.56x6.81x3.29% 23.43B
13.16x2.2x7.68x5.63% 17.92B
13.61x6.27x9.53x3.72% 15.45B
-77.71x1.35x9.2x-.--% 13.84B
12.6x2.13x7.88x8.82% 11.82B
174.76x1.53x14.82x-.--% 9.72B
32.57x3.72x17.72x3.26% 8.06B
16.71x2.27x7.54x1.33% 7.62B
Average 24.70x 2.98x 10.45x 3.08% 14.43B
Weighted average by Cap. 18.87x 3.31x 10.22x 3.13%

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