Company Valuation: RIAS A/S

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 103.8 148.8 131.5 154.5 153.4 151.1
Change - 43.33% -11.63% 17.54% -0.75% -1.5%
Enterprise Value (EV) 1 80.92 133.1 108.6 122.7 118.6 121.5
Change - 64.52% -18.41% 12.97% -3.32% 2.39%
P/E 12.1x 11.8x 7.75x 12.4x 11.3x 15.8x
PBR 0.59x 0.84x 0.71x 0.83x 0.8x 0.78x
PEG - 0.2x 0.2x -0.5x 1.34x -0.5x
Capitalization / Revenue 0.35x 0.48x 0.39x 0.49x 0.48x 0.5x
EV / Revenue 0.27x 0.43x 0.32x 0.39x 0.37x 0.4x
EV / EBITDA 4.98x 5.91x 4.29x 5.93x 5.3x 7.17x
EV / EBIT 6.06x 7.36x 5.03x 7.25x 6.4x 9.23x
EV / FCF 6.62x 102x 6.49x 6.37x 10.7x 21.8x
FCF Yield 15.1% 0.98% 15.4% 15.7% 9.34% 4.59%
Dividend per Share 2 25 35 50 37 37 26
Rate of return 5.56% 5.43% 8.77% 5.52% 5.56% 3.97%
EPS 2 37.05 54.69 73.53 54.2 58.77 41.57
Distribution rate 67.5% 64% 68% 68.3% 63% 62.5%
Net sales 1 294.4 308.5 338.7 313.1 319.1 303.1
EBITDA 1 16.24 22.53 25.34 20.7 22.4 16.93
EBIT 1 13.36 18.09 21.61 16.93 18.54 13.16
Net income 1 8.546 12.61 16.96 12.51 13.56 9.588
Net Debt 1 -22.86 -15.62 -22.84 -31.82 -34.74 -29.59
Reference price 2 450.00 645.00 570.00 670.00 665.00 655.00
Nbr of stocks (in thousands) 231 231 231 231 231 231
Announcement Date 12/10/20 12/10/21 12/7/22 12/12/23 12/11/24 12/10/25
1DKK in Million2DKK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 22.19M
30.63x7.01x17.92x1.28% 231B
27.9x4.31x13.89x2.13% 123B
30.17x3.66x18.75x0.96% 81.09B
19.12x6.82x30.3x3.86% 71.87B
89.83x6.61x15.38x2.39% 67.38B
82.59x1.21x8.24x6.29% 35.19B
10.67x1.14x6.2x3.11% 31.35B
9.04x3.02x7.1x4.68% 24.44B
15.02x1.74x10.2x2.67% 24.14B
Average 35.00x 3.95x 14.22x 3.04% 69B
Weighted average by Cap. 35.10x 5.19x 16.66x 2.28%

Y-o-Y evolution of P/E

Valuation ratios - P/E - RIAS A/S

Historical PBR trend

Valuation ratios - PBR - RIAS A/S

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - RIAS A/S

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - RIAS A/S