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 1,056 848.8 773.7 819.7 - -
Change - 152.66% -35.18% -19.66% -8.84% 5.94% - -
Enterprise Value (EV) 1 1,014 2,081 1,742 1,658 1,492 1,476 1,420 1,414
Change - 105.26% -16.31% -4.82% -9.98% -1.07% -3.84% -0.39%
P/E 25.6x 107x -106x -61.6x -18x 41.7x 35.7x 38.2x
PBR 2.81x 6.86x 4.99x 4.29x 4.97x 4.61x 4.12x 3.63x
PEG - -2.7x 1x -1.6x -0x -0x 2.1x -5.73x
Capitalization / Revenue 5.48x 12.9x 8.69x 4.03x 3.36x 2.34x 2.37x 2.54x
EV / Revenue 8.61x 16.5x 14.3x 7.88x 6.48x 4.21x 4.11x 4.38x
EV / EBITDA 31x 58.8x 43.6x 24x 27x 14.4x 13.7x 14.2x
EV / EBIT 109x 337x 304x 47.2x 116x 25.6x 23.3x 25.1x
EV / FCF -11.4x -19.9x -9.09x -7.85x -9.7x 17.4x 35x 125x
FCF Yield -8.78% -5.03% -11% -12.7% -10.3% 5.76% 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% - 0.37% 0.37% 0.37%
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 10.70 10.70 10.70
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.14x4.18x14.28x0.38% 922M
21.22x1.01x8.21x0.93% 26.3B
20.99x1.17x10.2x1.29% 11.65B
31.03x4.15x22.73x0.42% 7.62B
16.89x4.13x15.52x0.98% 4.98B
14.01x0.57x7.59x3.72% 3.24B
19.61x - - 0.66% 1.99B
21.98x2.42x11.4x - 1.49B
Average 23.36x 2.52x 12.85x 1.2% 7.28B
Weighted average by Cap. 21.97x 1.81x 11.38x 1.08%

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