Company Valuation: STEICO SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,583 607.7 473.9 252.1 297.2 256.3 - -
Change - -61.61% -22.02% -46.81% 17.88% -13.74% - -
Enterprise Value (EV) 1 1,671 725.7 632.7 388.1 394.4 348.2 334.3 315.7
Change - -56.57% -12.81% -38.66% 1.63% -11.73% -4% -5.55%
P/E 32.9x 12.7x 28.1x 13x 16.6x 16.7x 12.1x 9.97x
PBR 6.75x 2.23x 1.51x 0.74x 0.82x 0.68x 0.65x 0.62x
PEG - -20.2x -0.4x 0.9x -2.23x -1.2x 0.3x 0.5x
Capitalization / Revenue 4.08x 1.37x 1.3x 0.67x 0.78x 0.65x 0.62x 0.58x
EV / Revenue 4.31x 1.63x 1.73x 1.03x 1.03x 0.88x 0.81x 0.72x
EV / EBITDA 18.3x 8.06x 11x 4.86x 5.81x 5.36x 4.63x 3.96x
EV / EBIT 24.7x 11.1x 20.8x 10.8x 11x 10.6x 8.42x 6.96x
EV / FCF 97.3x -38.1x -19.3x 13.2x 10.4x 22.4x 19x 13.4x
FCF Yield 1.03% -2.62% -5.18% 7.59% 9.61% 4.47% 5.26% 7.49%
Dividend per Share 2 0.4 0.4 - 0.2 0.2 0.23 0.35 0.4
Rate of return 0.36% 0.93% - 1.12% 0.95% 1.26% 1.92% 2.2%
EPS 2 3.42 3.398 1.199 1.372 1.27 1.09 1.51 1.825
Distribution rate 11.7% 11.8% - 14.6% 15.7% 21.1% 23.2% 21.9%
Net sales 1 388.2 445.2 365.3 376.3 382.9 395 414.6 440.1
EBITDA 1 91.3 90 57.7 79.8 67.9 65 72.27 79.77
EBIT 1 67.61 65.2 30.38 36.03 35.87 32.87 39.7 45.33
Net income 1 48.16 47.86 16.88 19.32 17.85 17.23 22.5 26.5
Net Debt 1 88.23 118 158.8 136 97.28 91.87 77.93 59.37
Reference price 2 112.40 43.15 33.65 17.90 21.10 18.20 18.20 18.20
Nbr of stocks (in thousands) 14,083 14,083 14,083 14,083 14,083 14,083 - -
Announcement Date 5/2/22 5/14/23 5/2/24 5/7/25 4/28/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
67.52x2x18.11x1.73% 4.76B
14.04x1.44x8.64x1.94% 2.72B
36.7x2.63x19.56x0.21% 1.61B
12.06x - - - 1.39B
16.62x1.18x6.99x4.99% 1.06B
13.93x1.2x5.23x2.62% 1.01B
21.81x2.24x10.44x3.82% 657M
Average 26.10x 1.78x 11.49x 2.55% 1.89B
Weighted average by Cap. 36.45x 1.83x 13.60x 2.06%

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

-40%: Exceptional extension
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