Company Valuation: TUI AG

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,133 2,203 2,647 3,471 3,929 3,467 - -
Change - -46.68% 20.12% 31.13% 13.19% -11.75% - -
Enterprise Value (EV) 1 9,099 5,725 4,753 5,111 5,234 4,944 4,641 4,365
Change - -37.08% -16.98% 7.54% 2.39% -5.53% -6.14% -5.93%
P/E -1.46x -7.26x 6.95x 6.91x 6.62x 6.02x 4.79x 4.09x
PBR -3.81x -14.3x 2.36x 3.63x 2.23x 1.74x 1.41x 1.22x
PEG - 0.1x -0x 0.2x 0.4x -2.05x 0.2x 0.2x
Capitalization / Revenue 0.87x 0.13x 0.13x 0.15x 0.16x 0.15x 0.14x 0.14x
EV / Revenue 1.92x 0.35x 0.23x 0.22x 0.22x 0.21x 0.19x 0.17x
EV / EBITDA -7.95x 4.68x 2.68x 2.41x 2.3x 2.26x 1.9x 1.67x
EV / EBIT -4.38x 14x 4.86x 3.94x 3.7x 3.76x 3.03x 2.63x
EV / FCF -20.2x 3.67x 4.89x 4.27x 11.4x 30.2x 6.28x 5.05x
FCF Yield -4.96% 27.3% 20.4% 23.4% 8.75% 3.31% 15.9% 19.8%
Dividend per Share 2 - - - - 0.1 0.1658 0.2348 0.2724
Rate of return - - - - 1.29% 2.43% 3.44% 3.99%
EPS 2 -25.8 -1.7 0.75 0.99 1.17 1.136 1.426 1.672
Distribution rate - - - - 8.55% 14.6% 16.5% 16.3%
Net sales 1 4,732 16,545 20,666 23,167 24,179 23,766 24,622 25,169
EBITDA 1 -1,145 1,225 1,775 2,120 2,272 2,184 2,442 2,620
EBIT 1 -2,076 408.7 977 1,296 1,413 1,314 1,531 1,662
Net income 1 -2,467 -277.3 306 507.1 635.9 560.6 718.8 853.8
Net Debt 1 4,966 3,522 2,106 1,640 1,305 1,478 1,174 898.7
Reference price 2 37.600 12.345 5.216 6.840 7.742 6.832 6.832 6.832
Nbr of stocks (in thousands) 109,908 178,481 507,431 507,431 507,431 507,431 - -
Announcement Date 12/8/21 12/14/22 12/6/23 12/11/24 12/10/25 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-51.31x3.62x15.3x-.--% 4.95B
16.47x1.92x5.36x1.5% 1.94B
31.63x - - - 1.41B
8.2x1.59x5.26x5.7% 1.21B
22.53x - - 1.27% 984M
-45.33x2.12x7.68x3.36% 975M
Average -2.97x 2.31x 8.40x 2.37% 1.91B
Weighted average by Cap. -16.51x 2.82x 11.01x 1.43%

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