Company Valuation: Orco Property

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 341.8 620.4 511.6 591.5 1,104 1,262
Change - 81.54% -17.55% 15.63% 86.67% 14.29%
Enterprise Value (EV) 1 5,325 6,072 5,307 5,673 5,121 2,896
Change - 14.04% -12.59% 6.9% -9.73% -43.46%
P/E 3.04x 2.15x 3.55x 12.7x 14.1x 13.7x
PBR 0.38x 0.5x 0.36x 0.41x 0.77x 0.81x
PEG - 0x -0.1x -0.2x 0.2x 0.8x
Capitalization / Revenue 5.13x 9.17x 11x 10.7x 7.48x 10.1x
EV / Revenue 79.9x 89.8x 114x 103x 34.7x 23.2x
EV / EBITDA 169x 139x 233x 227x 119x 53.7x
EV / EBIT 169x 141x 235x 227x 122x 54.4x
EV / FCF -23.6x -23.1x 56.9x -12.7x 14.2x -9.71x
FCF Yield -4.23% -4.32% 1.76% -7.85% 7.03% -10.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0856 0.22 0.11 0.0353 0.0596 0.07
Distribution rate - - - - - -
Net sales 1 66.61 67.62 46.43 55.24 147.7 124.8
EBITDA 1 31.48 43.58 22.82 24.97 42.88 53.9
EBIT 1 31.48 42.96 22.57 24.97 42.08 53.23
Net income 1 112.5 294.1 147.2 46.43 78.33 94.09
Net Debt 1 4,983 5,452 4,796 5,082 4,017 1,634
Reference price 2 0.2600 0.4720 0.3900 0.4500 0.8400 0.9600
Nbr of stocks (in thousands) 1,314,508 1,314,508 1,311,692 1,314,508 1,314,508 1,314,508
Announcement Date 3/31/21 3/31/22 3/31/23 3/29/24 3/31/25 3/31/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.88x4.71x12.81x3.38% 42.6B
21.11x4.3x17.63x1.19% 31.49B
6.05x0.73x1.51x8.25% 29.17B
7.86x1.41x7.04x4.53% 28.29B
14.24x3.1x14.86x2.47% 25.7B
16.12x1.03x6.79x2.31% 22.38B
15.47x6.9x18.52x1.38% 22.03B
9.05x2.2x7.56x4.11% 19.76B
Average 13.10x 3.05x 10.84x 3.45% 27.68B
Weighted average by Cap. 13.30x 3.14x 11.00x 3.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA