Company Valuation: PNE AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 645 1,630 1,056 848.8 773.7 816.6 - -
Change - 152.66% -35.18% -19.66% -8.84% 5.54% - -
Enterprise Value (EV) 1 1,014 2,081 1,742 1,658 1,492 1,473 1,417 1,411
Change - 105.26% -16.31% -4.82% -9.98% -1.27% -3.84% -0.39%
P/E 25.6x 107x -106x -61.6x -18x 41.5x 35.5x 38.1x
PBR 2.81x 6.86x 4.99x 4.29x 4.97x 4.59x 4.11x 3.62x
PEG - -2.7x 1x -1.6x -0x -0x 2.1x -5.72x
Capitalization / Revenue 5.48x 12.9x 8.69x 4.03x 3.36x 2.33x 2.36x 2.53x
EV / Revenue 8.61x 16.5x 14.3x 7.88x 6.48x 4.2x 4.1x 4.37x
EV / EBITDA 31x 58.8x 43.6x 24x 27x 14.4x 13.6x 14.1x
EV / EBIT 109x 337x 304x 47.2x 116x 25.5x 23.3x 25x
EV / FCF -11.4x -19.9x -9.09x -7.85x -9.7x 17.3x 34.9x 124x
FCF Yield -8.78% -5.03% -11% -12.7% -10.3% 5.77% 2.86% 0.8%
Dividend per Share 2 0.04 0.04 0.04 0.04 - 0.04 0.04 0.04
Rate of return 0.47% 0.19% 0.29% 0.36% - 0.38% 0.38% 0.38%
EPS 2 0.33 0.2 -0.13 -0.18 -0.56 0.2567 0.3 0.28
Distribution rate 12.1% 20% -30.8% -22.2% - 15.6% 13.3% 14.3%
Net sales 1 117.7 126.2 121.5 210.4 230.2 351 345.3 323.2
EBITDA 1 32.7 35.4 39.9 69 55.3 102.6 104 99.87
EBIT 1 9.265 6.173 5.738 35.1 12.9 57.68 60.92 56.38
Net income 1 25.13 14.9 -9.554 -13.4 -47.4 19.75 22.77 21.39
Net Debt 1 368.8 451.2 685.1 808.9 718.6 656.7 600.1 594.5
Reference price 2 8.45 21.35 13.84 11.08 10.10 10.66 10.66 10.66
Nbr of stocks (in thousands) 76,337 76,337 76,337 76,603 76,603 76,603 - -
Announcement Date 3/30/22 3/29/23 3/27/24 3/27/25 3/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
41.69x4.21x14.38x0.37% 932M
21.34x1.01x8.25x0.92% 26.37B
18.33x1.07x9.32x1.5% 10.33B
30.6x4.09x22.41x0.42% 7.44B
14.31x3.28x13.76x1.16% 4.22B
14.73x0.6x8.09x3.54% 3.42B
16.44x - - 0.79% 1.68B
20.25x2.2x10.35x - 1.36B
Average 22.21x 2.35x 12.37x 1.24% 6.97B
Weighted average by Cap. 21.24x 1.68x 10.98x 1.13%

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