Company Valuation: Verbund

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,359 27,324 29,200 24,319 21,540 19,247 - -
Change - -20.48% 6.87% -16.72% -11.43% -10.65% - -
Enterprise Value (EV) 1 37,870 31,223 30,959 26,296 24,358 23,195 23,960 24,656
Change - -17.55% -0.84% -15.06% -7.37% -4.78% 3.3% 2.9%
P/E 39.4x 15.9x 12.9x 13x 14.5x 17.3x 14.7x 16.8x
PBR 6.29x 3.76x 2.93x 2.44x 2.08x 1.77x 1.64x 1.56x
PEG - 0.2x 0.4x -0.8x -0.7x -0.7x 0.8x -1.3x
Capitalization / Revenue 38.3x 2.64x 2.79x 2.95x 2.69x 2.59x 2.48x 2.64x
EV / Revenue 42.2x 3.02x 2.96x 3.19x 3.04x 3.12x 3.08x 3.38x
EV / EBITDA 24x 9.88x 6.89x 7.56x 8.9x 10.1x 8.79x 9.72x
EV / EBIT 32.6x 11.9x 8.84x 9.65x 11.5x 14x 11.9x 13.8x
EV / FCF -50.1x 33.6x 8.4x 12.5x 44.3x -57.4x 243x 82.3x
FCF Yield -2% 2.97% 11.9% 8.03% 2.26% -1.74% 0.41% 1.21%
Dividend per Share 2 1.05 3.6 4.15 2.8 2 1.603 1.885 1.65
Rate of return 1.06% 4.58% 4.94% 4% 3.23% 2.89% 3.4% 2.98%
EPS 2 2.51 4.94 6.52 5.4 4.29 3.198 3.773 3.288
Distribution rate 41.8% 72.9% 63.7% 51.9% 46.6% 50.1% 50% 50.2%
Net sales 1 896.9 10,346 10,450 8,245 8,014 7,439 7,772 7,300
EBITDA 1 1,579 3,161 4,490 3,480 2,737 2,307 2,725 2,537
EBIT 1 1,162 2,626 3,502 2,726 2,112 1,661 2,011 1,788
Net income 1 873.6 1,717 2,266 1,875 1,489 1,097 1,305 1,131
Net Debt 1 3,511 3,898 1,759 1,977 2,818 3,948 4,714 5,409
Reference price 2 98.90 78.65 84.05 70.00 62.00 55.40 55.40 55.40
Nbr of stocks (in thousands) 347,416 347,416 347,416 347,416 347,416 347,416 - -
Announcement Date 3/17/22 3/16/23 3/14/24 3/20/25 3/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.22x6.39x46.8x0.18% 299B
22.07x9.26x15.31x2.79% 184B
21.3x4.4x11.92x3.38% 164B
14.02x1.99x6.98x5.09% 116B
22.14x6.07x13.4x3.1% 110B
19.19x5.75x11.46x3.38% 101B
19.53x3.03x11.88x0.7% 85.44B
21.73x5.41x13x2.79% 75.36B
19.38x6.4x13.69x3.83% 61.35B
Average 21.73x 5.41x 16.05x 2.81% 133.02B
Weighted average by Cap. 24.14x 5.75x 20.93x 2.43%

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