Company Valuation: Prim, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 251.1 184.4 177.8 163.7 224.6 212.6 - -
Change - -26.55% -3.62% -7.91% 37.21% -5.35% - -
Enterprise Value (EV) 1 237.8 195.6 196.7 172.6 217.3 201.4 197.7 192.7
Change - -17.75% 0.59% -12.29% 25.95% -7.32% -1.85% -2.51%
P/E 14.4x 21.6x 14.1x 13.7x 13.5x 10.7x 9.42x 8.16x
PBR 2.06x 1.54x 1.41x 1.27x 1.63x 1.44x 1.35x 1.25x
PEG - -0.4x 0.3x -2.53x 0.3x 0.6x 0.7x 0.5x
Capitalization / Revenue 1.49x 0.94x 0.82x 0.7x 0.89x 0.78x 0.72x 0.67x
EV / Revenue 1.41x 0.99x 0.91x 0.74x 0.86x 0.74x 0.67x 0.61x
EV / EBITDA 9.81x 11x 7.55x 6.45x 6.41x 5.43x 4.83x 4.22x
EV / EBIT 13.7x 20.9x 12.3x 11.1x 9.73x 7.78x 6.7x 5.66x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.5082 0.51 - - - 0.5876 0.6983 0.7963
Rate of return 3.49% 4.72% - - - 4.7% 5.59% 6.37%
EPS 2 1.01 0.5 0.74 0.7 0.98 1.164 1.327 1.532
Distribution rate 50.3% 102% - - - 50.5% 52.6% 52%
Net sales 1 168.5 197.2 216.5 233.1 251.8 272 293.7 317.2
EBITDA 1 24.24 17.73 26.06 26.73 33.93 37.11 40.89 45.63
EBIT 1 17.34 9.354 16.01 15.61 22.33 25.88 29.51 34.07
Net income - - - - - - - -
Net Debt 1 -13.32 11.15 18.99 8.867 -7.263 -11.16 -14.89 -19.86
Reference price 2 14.55 10.80 10.45 9.62 13.20 12.50 12.50 12.50
Nbr of stocks (in thousands) 17,260 17,078 17,011 17,016 17,016 17,008 - -
Announcement Date 2/25/22 2/28/23 4/4/24 3/30/25 3/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.13x3.98x12.74x4.86% 14.4B
13.19x - - 2.73% 4.81B
43.52x - - 0.58% 3.18B
18.07x - - 2.78% 2.54B
18.61x - - - 1.75B
26.53x1.61x10.54x1.69% 1.51B
86.34x - - - 1.12B
Average 33.34x 2.80x 11.64x 2.53% 4.19B
Weighted average by Cap. 27.55x 3.76x 12.53x 3.58%

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