Company Valuation: SpineGuard

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 23.23 33.69 18.41 7.895 11.87 9.008
Change - 45.05% -45.36% -57.12% 50.34% -24.1%
Enterprise Value (EV) 1 27.79 33.28 18.34 8.111 13.69 8.743
Change - 19.77% -44.91% -55.77% 68.76% -36.13%
P/E -9.29x -18x -7.26x -1.81x -3.63x -3.37x
PBR -3,421x 6.67x 3.75x 1.57x 3.04x 1.73x
PEG - 0.3x -0.3x -0x 0.1x 0.1x
Capitalization / Revenue 4.79x 7.65x 3.29x 1.83x 2.55x 2.4x
EV / Revenue 5.73x 7.56x 3.27x 1.88x 2.94x 2.33x
EV / EBITDA -33.2x -29.7x -12.9x -2.13x -4.76x -5.69x
EV / EBIT -28.9x -26.9x -12x -2.07x -4.47x -5.27x
EV / FCF 493x -36.8x -12.3x -2.29x -15.9x -13.9x
FCF Yield 0.2% -2.72% -8.14% -43.6% -6.29% -7.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.14 -0.0631 -0.08 -0.11 -0.0612 -0.03
Distribution rate - - - - - -
Net sales 1 4.852 4.405 5.6 4.313 4.648 3.757
EBITDA 1 -0.836 -1.119 -1.418 -3.806 -2.874 -1.536
EBIT 1 -0.961 -1.239 -1.526 -3.919 -3.061 -1.66
Net income 1 -2.716 -1.725 -2.393 -4.183 -3.082 -2.068
Net Debt 1 4.563 -0.4065 -0.0747 0.2158 1.819 -0.2654
Reference price 2 1.3000 1.1340 0.5805 0.1996 0.2220 0.1010
Nbr of stocks (in thousands) 17,867 29,710 31,714 39,553 53,464 89,189
Announcement Date 4/28/21 4/29/22 4/18/23 4/23/24 4/30/25 4/9/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.08M
73.74x7.76x45.26x-.--% 12.81B
21.52x2.14x10.68x2.12% 7.03B
34.09x7.12x19.26x1.12% 6.75B
32.67x1.56x9.77x-.--% 5.74B
36.23x10.84x27.3x0.49% 5.46B
16.36x2.86x13.67x3.99% 3.77B
-13.67x2.6x-15.29x - 1.99B
-16.04x398.2x-69.14x-.--% 1.69B
20.66x2.39x9.62x2.17% 1.58B
Average 22.84x 48.39x 5.68x 1.24% 4.68B
Weighted average by Cap. 37.40x 19.72x 19.42x 0.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA