Company Valuation: Raisio plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 535.4 399.2 317.4 343 415.3 389.9 - -
Change - -25.44% -20.49% 8.08% 21.07% -6.12% - -
Enterprise Value (EV) 1 475.4 399.2 260.9 272.9 339.2 310 306.1 293.2
Change - -16.02% -34.65% 4.62% 24.28% -8.62% -1.25% -4.21%
P/E 25.9x 83x 18x 19.6x 17.6x 17.6x 15.1x 14.2x
PBR 1.9x - 1.2x 1.32x 1.63x 1.52x 1.51x 1.49x
PEG - -1.1x 0x - 0.5x -2.64x 0.9x 2.32x
Capitalization / Revenue 2.17x 1.81x 1.45x 1.51x 1.85x 1.7x 1.64x 1.58x
EV / Revenue 1.93x 1.81x 1.19x 1.2x 1.51x 1.35x 1.28x 1.19x
EV / EBITDA 15.6x 14.1x 7.95x 8.2x 8.97x 7.72x 7.1x 6.53x
EV / EBIT 21.5x 21.7x 11.5x 11.7x 11.9x 11.2x 9.67x 8.82x
EV / FCF 19.2x - 8.84x 8.48x 16x 12.4x 10.8x 9.9x
FCF Yield 5.22% - 11.3% 11.8% 6.25% 8.07% 9.23% 10.1%
Dividend per Share 2 0.1 - 0.11 0.11 0.15 0.1567 0.1667 0.1767
Rate of return 2.97% - 5.57% 5.1% 5.69% 6.36% 6.76% 7.17%
EPS 2 0.13 0.03 0.11 0.11 0.15 0.14 0.1633 0.1733
Distribution rate 76.9% - 100% 100% 100% 112% 102% 102%
Net sales 1 246.4 220.8 219.5 226.8 224.2 229.6 238.4 247
EBITDA 1 30.5 28.3 32.8 33.3 37.8 40.13 43.1 44.87
EBIT 1 22.1 18.4 22.7 23.4 28.5 27.57 31.67 33.23
Net income 1 20.9 4.8 17.2 16.9 23.2 22.13 26.1 27.23
Net Debt 1 -60 - -56.5 -70.1 -76.1 -79.93 -83.8 -96.7
Reference price 2 3.370 2.490 1.976 2.155 2.635 2.465 2.465 2.465
Nbr of stocks (in thousands) 158,493 158,713 157,968 157,990 158,006 158,228 - -
Announcement Date 2/9/22 2/8/23 2/13/24 2/13/25 2/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.7x2.82x14.07x3.99% 249B
19.88x2.5x14.89x3.29% 79.71B
17.08x1.78x10.04x3.66% 47.92B
15.81x0.56x10.25x2.44% 41.15B
21.48x3.25x13.22x3.25% 35.65B
35.81x3.11x18x1.03% 31.44B
-25.79x1.95x9.72x6.1% 31.14B
65.92x10.12x41.96x1.16% 29.05B
12.52x0.4x9.06x2.34% 23.6B
Average 20.38x 2.94x 15.69x 3.03% 63.17B
Weighted average by Cap. 20.24x 2.79x 14.71x 3.45%

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