Company Valuation: Parrot

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 146.5 124.8 131.1 73.43 87.2 229
Change - -14.83% 5.08% -44.01% 18.74% 162.57%
Enterprise Value (EV) 1 68.62 52.22 72.86 53.71 62.33 213.5
Change - -23.89% 39.53% -26.28% 16.04% 242.56%
P/E -3.84x -64.2x -6.77x -2.27x -9.44x -15.7x
PBR 1.48x 1.25x 1.59x 1.35x 1.86x 8.14x
PEG - 0.7x -0x -0x 0.1x -0.3x
Capitalization / Revenue 2.56x 2.3x 1.82x 1.13x 1.12x 2.87x
EV / Revenue 1.2x 0.96x 1.01x 0.83x 0.8x 2.68x
EV / EBITDA -1.94x -1.66x -4.39x -2.11x -10.2x -20x
EV / EBIT -1.9x -1.55x -3.84x -1.97x -7.81x -16.9x
EV / FCF -3.56x -2.96x -4.41x -2.72x 14.7x -221x
FCF Yield -28.1% -33.7% -22.7% -36.8% 6.79% -0.45%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.272 -0.0643 -0.641 -1.062 -0.3008 -0.47
Distribution rate - - - - - -
Net sales 1 57.27 54.31 71.95 64.98 78.05 79.78
EBITDA 1 -35.38 -31.46 -16.6 -25.51 -6.081 -10.68
EBIT 1 -36.02 -33.76 -18.98 -27.27 -7.981 -12.66
Net income 1 -38.38 -1.943 -19.52 -32.48 -9.235 -14.5
Net Debt 1 -77.93 -72.58 -58.28 -19.72 -24.87 -15.45
Reference price 2 4.890 4.130 4.340 2.410 2.840 7.400
Nbr of stocks (in thousands) 29,968 30,219 30,219 30,470 30,703 30,940
Announcement Date 4/27/21 4/8/22 4/5/23 4/3/24 4/16/25 4/9/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.24x7.38x19.05x1.45% 452B
50.63x17.2x35.9x-.--% 215B
38.06x12.2x30.32x0.27% 186B
20.06x0.83x14.56x2.23% 180B
31.95x6.08x17.78x1.12% 70.35B
144.14x18.56x54.42x-.--% 55.39B
72.48x8.44x38.98x-.--% 53.4B
38.85x1.99x12.94x1.9% 50.5B
18.22x2.95x12.68x3.87% 50.06B
Average 49.96x 8.40x 26.29x 1.2% 145.85B
Weighted average by Cap. 41.50x 8.84x 24.55x 1.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA