Company Valuation: PlayWay S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 2,759 2,046 2,112 1,832 1,690 1,600 -
Change - -25.84% 3.23% -13.28% -7.75% -5.31% -
Enterprise Value (EV) 1 2,495 1,806 2,010 1,567 1,463 1,380 1,432
Change - -27.61% 11.32% -22.05% -6.62% -5.71% 3.78%
P/E 21.7x 18.2x 16.7x 10.8x - - -
PBR 5.31x 4.87x 4.41x 4.45x - - -
PEG - -1.6x 1.3x 0.3x - - -
Capitalization / Revenue 10.9x 7.95x 7.71x 6.05x 5.67x 5.25x 5.58x
EV / Revenue 9.83x 7.02x 7.34x 5.17x 4.91x 4.52x 5x
EV / EBITDA 16.2x 10.4x 12.5x 8.43x 7.99x 6.98x 8.3x
EV / EBIT 16.3x 10.5x 12.6x 8.5x 9.75x 7.09x 8.49x
EV / FCF 19.5x 15.7x 16.2x 10.3x 11.6x 8.62x 10.3x
FCF Yield 5.13% 6.39% 6.17% 9.69% 8.61% 11.6% 9.71%
Dividend per Share 2 19.22 - 19.22 21.82 - - -
Rate of return 4.6% - 6.01% 7.86% - - -
EPS 2 19.26 17.02 19.14 25.79 - - -
Distribution rate 99.8% - 100% 84.6% - - -
Net sales 1 253.9 257.3 274 302.9 298.2 305 286.5
EBITDA 1 154.2 174.1 160.8 186 183.2 197.6 172.5
EBIT 1 153.5 172.6 159.2 184.3 150.1 194.7 168.6
Net income 1 127.1 112.3 106.7 170.2 69.9 143.1 120.3
Net Debt 1 -264 -239.9 -101.5 -264.4 -226.2 -220 -167.9
Reference price 2 418.00 310.00 320.00 277.50 256.00 240.00 240.00
Nbr of stocks (in thousands) 6,600 6,600 6,600 6,600 6,600 6,666 -
Announcement Date 4/29/22 4/30/23 4/29/24 4/25/25 4/30/26 - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.7x16.63x19.73x-.--% 139B
12.08x3.25x6.81x-.--% 86.8B
37.1x6.11x17x0.37% 52.39B
24.01x5.13x12.44x-.--% 42.97B
20.37x4.98x12.66x1% 33.98B
31.77x2.86x8.6x-.--% 32.7B
33.12x2.37x13.69x-.--% 13.7B
12.69x5.15x10.41x-.--% 13.06B
31.34x - - 3.92% 9.78B
Average 25.35x 5.81x 12.67x 0.59% 47.11B
Weighted average by Cap. 24.16x 8.43x 13.97x 0.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA