Company Valuation: VGP NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,589 2,123 2,866 1,949 2,688 2,476 - -
Change - -62.01% 34.96% -32% 37.96% -7.88% - -
Enterprise Value (EV) 1 6,748 3,792 4,644 3,514 4,524 4,898 5,099 5,257
Change - -43.8% 22.45% -24.33% 28.76% 8.26% 4.1% 3.1%
P/E 8.15x -14.2x 32.8x 6.79x 9.26x 6.94x 6.46x 6.22x
PBR 2.57x 0.79x 1.29x 0.81x 1.03x 0.75x 0.69x 0.63x
PEG - 0x -0x 0x 8.12x 0.7x 0.86x 1.67x
Capitalization / Revenue 126x 25x 25.2x 9.22x 10.9x 9.19x 8.27x 7.42x
EV / Revenue 152x 44.7x 40.8x 16.6x 18.3x 18.2x 17x 15.8x
EV / EBITDA 10.6x 271x 21.5x 9.91x 9.95x 18.7x 18.5x 16.8x
EV / EBIT 10.8x 583x 39.1x 11.1x 12.5x 11.4x 11.8x 15.5x
EV / FCF -9.4x -4.11x -131x 11.2x -7.66x -39.9x -35.9x -106x
FCF Yield -10.6% -24.3% -0.76% 8.95% -13.1% -2.51% -2.78% -0.95%
Dividend per Share 2 6.85 2.75 2.95 3.3 3.4 3.704 3.832 4.056
Rate of return 2.68% 3.53% 2.81% 4.62% 3.45% 4.54% 4.7% 4.97%
EPS 2 31.41 -5.49 3.2 10.52 10.64 11.76 12.64 13.11
Distribution rate 21.8% -50.1% 92.2% 31.4% 32% 31.5% 30.3% 30.9%
Net sales 1 44.26 84.78 113.7 211.3 247.4 269.4 299.4 333.7
EBITDA 1 634.1 13.99 215.9 354.5 454.7 262.2 275.7 313
EBIT 1 626.7 6.51 118.8 317.1 362.3 428.2 432.2 338.2
Net income 1 650.1 -122.5 87.29 287 290.4 366.9 405.2 424.5
Net Debt 1 1,159 1,669 1,778 1,565 1,836 2,421 2,622 2,780
Reference price 2 256.00 77.80 105.00 71.40 98.50 81.60 81.60 81.60
Nbr of stocks (in thousands) 21,833 27,291 27,291 27,291 27,291 30,348 - -
Announcement Date 2/23/22 2/23/23 2/22/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.56x4.57x12.5x3.44% 41.99B
6.51x0.89x1.79x7.75% 31.04B
21.88x4.32x18.13x1.16% 29.8B
7.88x1.41x7.05x4.52% 28.36B
14.91x3.12x15.42x2.35% 24.89B
15.78x1.01x6.65x2.36% 21.92B
15.36x6.68x18.95x1.23% 20.27B
9.14x2.2x7.57x4.07% 19.96B
9.92x1.63x13.88x3.81% 18.33B
Average 12.88x 2.87x 11.33x 3.41% 26.29B
Weighted average by Cap. 13.03x 2.95x 11.16x 3.53%

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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