Company Valuation: Risma

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
Market Cap 1 1,572 2,966 3,210 5,301 5,444 - -
Change - - 8.24% 65.14% 2.7% - -
Enterprise Value (EV) 1 3,363 2,966 4,296 7,269 6,847 6,884 5,444
Change - - 44.85% 69.23% -5.81% 0.54% -20.92%
P/E -9.15x 12.2x - 19.5x 25.8x - -
PBR - - - - - - -
PEG - - - - -0.8x - -
Capitalization / Revenue 3x - 2.54x 3.76x 3.38x 3.24x 3.11x
EV / Revenue 6.41x - 3.4x 5.15x 4.25x 4.1x 3.11x
EV / EBITDA 58.4x - 9.31x 11.5x 11.3x 10.9x 8.22x
EV / EBIT -40.3x - 14.7x 17.1x 16.3x 15.1x 11.1x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - 7 9 8 8 8
Rate of return - - 3.12% 2.43% 2.35% 2.35% 2.35%
EPS 2 -12 17 - 19 13.2 - -
Distribution rate - - - 47.4% 60.6% - -
Net sales 1 524.9 - 1,264 1,411 1,610 1,679 1,751
EBITDA 1 57.59 - 461.2 631.3 606 633 662
EBIT 1 -83.52 - 292.8 424.6 420 455 490
Net income 1 -171.8 244.1 - 280.5 226 256 -
Net Debt 1 1,790 - 1,086 1,968 1,403 1,440 -
Reference price 2 109.75 207.00 224.05 370.00 340.00 340.00 340.00
Nbr of stocks (in thousands) 14,327 14,327 14,327 14,327 16,012 - -
Announcement Date 4/29/22 4/30/24 4/28/25 5/6/26 - - -
1MAD in Million2MAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.76x4.25x11.3x2.35% 585M
17.12x3.09x8.88x4.61% 13.07B
18.7x5.89x11.87x2.06% 6.3B
12.95x3.21x8.73x3.95% 5.34B
19.25x4.33x11.02x1.02% 5.19B
15.38x2.17x8.97x3.19% 4.58B
18.2x1.71x8.15x3.04% 2.84B
17.42x1.32x8.5x1.97% 2.28B
Average 18.10x 3.25x 9.68x 2.77% 5.02B
Weighted average by Cap. 17.11x 3.42x 9.58x 3.2%

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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