Company Valuation: Strabag SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,760 4,012 4,248 4,670 9,351 9,748 - -
Change - 6.68% 5.88% 9.94% 100.24% 4.24% - -
Enterprise Value (EV) 1 1,724 2,084 1,604 1,765 5,833 7,046 6,817 6,648
Change - 20.88% -23.01% 10% 230.5% 20.8% -3.24% -2.48%
P/E 6.42x 8.5x 6.57x 5.37x 10.2x 12.2x 11.5x 11.1x
PBR 0.93x 1x 0.94x 0.89x 1.65x 1.6x 1.48x 1.37x
PEG - -0.4x 0.2x 0.3x 1.27x -1x 2.09x 3.21x
Capitalization / Revenue 0.25x 0.24x 0.24x 0.27x 0.5x 0.48x 0.46x 0.44x
EV / Revenue 0.11x 0.12x 0.09x 0.1x 0.31x 0.35x 0.32x 0.3x
EV / EBITDA 1.19x 1.66x 1.13x 1.07x 3.1x 3.91x 3.53x 3.3x
EV / EBIT 1.92x 2.95x 1.82x 1.66x 4.68x 6.15x 5.51x 5.14x
EV / FCF 2.26x 11.4x - 2.38x 5.13x 12.7x 11.2x 10.4x
FCF Yield 44.3% 8.75% - 42.1% 19.5% 7.86% 8.95% 9.6%
Dividend per Share 2 2 2 2.2 2.5 2.9 2.9 3 3.15
Rate of return 5.46% 5.12% 5.31% 6.33% 3.58% 3.41% 3.53% 3.71%
EPS 2 5.71 4.6 6.3 7.35 7.94 6.995 7.38 7.635
Distribution rate 35% 43.5% 34.9% 34% 36.5% 41.5% 40.7% 41.3%
Net sales 1 15,299 17,026 17,667 17,422 18,714 20,342 21,300 22,203
EBITDA 1 1,446 1,257 1,418 1,644 1,883 1,804 1,930 2,015
EBIT 1 896.1 706.4 880.2 1,062 1,247 1,146 1,237 1,293
Net income 1 585.7 472.5 630.5 823 916.3 807.5 851.8 881.5
Net Debt 1 -2,036 -1,928 -2,643 -2,905 -3,518 -2,702 -2,930 -3,100
Reference price 2 36.65 39.10 41.40 39.50 81.00 85.00 85.00 85.00
Nbr of stocks (in thousands) 102,600 102,600 102,600 118,222 115,443 115,221 - -
Announcement Date 4/29/22 4/27/23 4/23/24 4/18/25 4/28/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.15x0.35x3.93x3.41% 11.31B
57.68x2.63x25.16x0.07% 99.36B
13.7x1.15x6.29x4.27% 79.69B
34.56x4.35x23.61x0.2% 58.85B
26.98x2.08x20.46x1.11% 58.68B
57.18x4.64x29.34x1.54% 47.33B
31.24x0.76x12.69x1.98% 38.94B
24.71x1.69x15.59x0.19% 35.7B
25.62x0.52x8.24x2.31% 34.92B
4.45x0.29x5.48x6.28% 27.8B
Average 28.83x 1.85x 15.08x 2.13% 49.26B
Weighted average by Cap. 33.30x 2.17x 17.29x 1.77%

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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  4. Valuation Strabag SE