Company Valuation: Podravka d.d.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,433 4,447 8,910 7,644 8,750 8,890 - -
Change - 0.31% 100.37% -14.21% 14.47% 1.6% - -
Enterprise Value (EV) 1 4,433 4,447 9,024 7,868 8,750 11,978 11,897 11,561
Change - 0.31% 102.93% -12.81% 11.21% 36.9% -0.68% -2.83%
P/E 14.6x - 17.6x 14.1x - 13.7x 12.9x 12.2x
PBR - - 2.07x 1.7x - 1.4x 1.3x 1.2x
PEG - - - 2.18x - - 2.11x 2.15x
Capitalization / Revenue - 0.88x 1.63x 1.36x 1.04x 1x 0.95x 0.91x
EV / Revenue - 0.88x 1.65x 1.4x 1.04x 1.34x 1.27x 1.19x
EV / EBITDA - - 12.8x 9.37x 4.64x 8.56x 7.98x 7.34x
EV / EBIT - - 19.9x 13.4x 6.2x 13.2x 12.4x 11.5x
EV / FCF - - 28.4x 60.8x - 30x 25.2x 15.6x
FCF Yield - - 3.53% 1.65% - 3.33% 3.97% 6.41%
Dividend per Share 2 - - 20.25 23.49 - 26.05 26.86 28.49
Rate of return - - 1.59% 2.16% - 2.07% 2.14% 2.27%
EPS 2 43.4 - 72.29 76.97 - 91.91 97.52 103.1
Distribution rate - - 28% 30.5% - 28.3% 27.5% 27.6%
Net sales 1 - 5,027 5,455 5,626 8,435 8,925 9,349 9,717
EBITDA 1 - - 702.7 839.5 1,884 1,399 1,491 1,575
EBIT 1 - - 452.9 587 1,411 906 957.2 1,009
Net income 1 309.2 369.6 507.1 542.1 1,126 654.6 694.3 733.9
Net Debt 1 - - 113.9 223.9 - 3,088 3,007 2,671
Reference price 2 632.00 634.00 1,270.87 1,086.82 1,244.62 1,256.71 1,256.71 1,256.71
Nbr of stocks (in thousands) 7,014 7,014 7,011 7,033 7,030 7,074 - -
Announcement Date 4/4/22 2/28/23 2/28/24 2/27/25 2/26/26 - - -
1HRK in Million2HRK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.34x8.56x - 1.26B
20.92x3x14.76x3.73% 268B
20.65x2.44x14.36x3.43% 77.21B
19.03x1.92x10.82x3.24% 52.67B
17.12x0.52x10.04x2.67% 37.05B
22.74x3.34x13.6x3.18% 36.83B
40.91x3.44x20.32x0.87% 34.33B
67.77x10.11x42.94x1.12% 28.29B
11.55x1.89x9.29x6.63% 28.68B
Average 27.59x 3.11x 16.08x 3.11% 62.73B
Weighted average by Cap. 23.67x 3.01x 15.41x 3.38%

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

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