Company Valuation: SOL SpA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,918 1,605 2,521 3,370 4,440 4,771 - -
Change - -16.31% 57.06% 33.63% 31.76% 7.46% - -
Enterprise Value (EV) 1 1,918 1,995 2,937 3,809 4,924 5,216 5,170 5,151
Change - 4.01% 47.22% 29.67% 29.28% 5.93% -0.88% -0.37%
P/E 21.4x 12x 17.3x 22.8x 26.6x 25.9x 24.1x 22.1x
PBR - 1.96x 2.72x 3.28x 3.91x 3.72x 3.31x 2.97x
PEG - 0.2x 1.92x 17.45x 2x 2.5x 3.22x 2.43x
Capitalization / Revenue - 1.16x 1.7x 2.09x 2.5x 2.49x 2.32x 2.17x
EV / Revenue - 1.45x 1.98x 2.37x 2.77x 2.72x 2.52x 2.35x
EV / EBITDA - 6.08x 7.69x 9.43x 10.9x 10.6x 9.81x 9.12x
EV / EBIT - 10.4x 12.9x 16.1x 18.2x 17.6x 16.5x 15.3x
EV / FCF - 23.8x 36.6x 58.3x 61.3x 51.1x 40.4x 39.6x
FCF Yield - 4.2% 2.73% 1.72% 1.63% 1.96% 2.48% 2.52%
Dividend per Share 2 - 0.33 0.37 0.39 0.45 0.4959 0.5279 0.5733
Rate of return - 1.86% 1.33% 1.05% 0.92% 0.94% 1% 1.09%
EPS 2 0.987 1.474 1.607 1.628 1.841 2.032 2.183 2.382
Distribution rate - 22.4% 23% 24% 24.4% 24.4% 24.2% 24.1%
Net sales 1 - 1,379 1,487 1,610 1,776 1,916 2,052 2,194
EBITDA 1 - 328.3 382.2 403.8 451.7 493.3 527.3 564.9
EBIT 1 - 192.5 227.1 237.2 270 295.5 313.9 337
Net income 1 89.55 133.7 145.7 147.7 167 192.4 206.2 226.7
Net Debt 1 - 389.7 415.8 439.3 484.3 445.2 399.5 380.6
Reference price 2 21.15 17.70 27.80 37.15 48.95 52.60 52.60 52.60
Nbr of stocks (in thousands) 90,700 90,700 90,700 90,700 90,700 90,700 - -
Announcement Date 4/20/22 3/30/23 3/27/24 3/27/25 3/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.73x6.86x17.51x1.31% 226B
90.38x6.67x15.51x2.36% 68.2B
174.88x - - - 19.69B
17.58x2.19x8.77x1.17% 15.53B
93.54x15.72x45.65x0.35% 6.89B
92.58x18.84x55.37x0.21% 5.82B
84.88x - - - 5.76B
25.94x2.73x10.59x0.94% 5.58B
13.02x0.83x6.74x2.84% 3.58B
Average 69.17x 7.69x 22.88x 1.31% 39.66B
Weighted average by Cap. 51.72x 6.86x 17.70x 1.49%

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