Company Valuation: Thermador Groupe

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 934.5 792.9 777.2 663.4 710.7 710.7 - -
Change - -15.16% -1.97% -14.65% 7.14% 0% - -
Enterprise Value (EV) 1 939.9 829.9 788.8 634.1 665.4 632.3 602.9 569.1
Change - -11.7% -4.95% -19.61% 4.93% -4.98% -4.65% -5.6%
P/E 18.6x 14.2x 14.1x 15.6x 17x 14.4x 13.6x 13.1x
PBR 3.36x 2.49x 2.17x 1.73x 1.75x 1.64x 1.52x 1.4x
PEG - 1.2x -14.26x -0.7x -11.24x 0.8x 2.36x 3.64x
Capitalization / Revenue 1.92x 1.43x 1.34x 1.32x 1.42x 1.36x 1.27x 1.21x
EV / Revenue 1.93x 1.5x 1.36x 1.26x 1.33x 1.21x 1.08x 0.97x
EV / EBITDA 11.7x 9.38x 8.6x 8.84x 9.37x 8.24x 7.19x 6.29x
EV / EBIT 12.8x 10.4x 9.76x 10.5x 11.2x 9.48x 8.35x 7.33x
EV / FCF 57.7x 58.7x 16.1x 9.03x 10.5x 13.4x 12.3x 10.5x
FCF Yield 1.73% 1.7% 6.19% 11.1% 9.56% 7.45% 8.12% 9.49%
Dividend per Share 2 2 2.08 2.08 2.08 2.1 2.387 2.328 2.275
Rate of return 1.97% 2.41% 2.46% 2.88% 2.71% 3.08% 3% 2.94%
EPS 2 5.45 6.07 6.01 4.63 4.56 5.385 5.695 5.9
Distribution rate 36.7% 34.3% 34.6% 44.9% 46.1% 44.3% 40.9% 38.6%
Net sales 1 486.5 553.9 581 503.9 501.7 523.8 559.3 586.4
EBITDA 1 80.47 88.44 91.74 71.73 70.98 76.72 83.88 90.45
EBIT 1 73.2 79.59 80.84 60.17 59.44 66.72 72.22 77.65
Net income 1 52.9 58.9 58.3 44.74 44.06 50.04 53.48 56.95
Net Debt 1 5.367 37.06 11.62 -29.24 -45.3 -78.45 -107.8 -141.6
Reference price 2 101.60 86.20 84.50 72.10 77.50 77.50 77.50 77.50
Nbr of stocks (in thousands) 9,198 9,198 9,198 9,201 9,171 9,171 - -
Announcement Date 2/21/22 2/23/23 2/28/24 2/28/25 3/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.39x1.21x8.24x3.08% 830M
36.81x6.3x23.4x0.73% 126B
27.48x5.06x17.63x2.19% 35.42B
22.95x1.97x14.1x2.04% 33.38B
31.77x4.22x15.94x0.11% 31.24B
21.45x3.61x11.42x1.51% 28.11B
22.3x3.23x13.93x1.05% 27.19B
24.71x3.01x12.98x1.53% 26.48B
105.01x37.81x86.48x0.35% 26.05B
26.13x3.28x16.05x1.73% 24.5B
Average 33.30x 6.97x 22.02x 1.43% 35.95B
Weighted average by Cap. 35.14x 6.98x 22.93x 1.13%

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 Thermador Groupe