Company Valuation: Vipo,

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 5.727 4.358 4.666 4.044 2.49 2.49
Change - -23.91% 7.09% -13.33% -38.43% 0%
Enterprise Value (EV) 1 6.203 -1.029 2.787 3.431 3.612 3.348
Change - -116.58% 370.91% 23.12% 5.26% -7.31%
P/E 14.8x 14.8x - 14.5x 15.2x 9.83x
PBR 0.97x 0.71x - 0.62x 0.38x 0.37x
PEG - -0.6x - - -0.4x 0.2x
Capitalization / Revenue 0.51x 0.42x 0.37x 0.31x 0.22x 0.19x
EV / Revenue 0.55x -0.1x 0.22x 0.26x 0.32x 0.26x
EV / EBITDA 7.62x -3.54x 6.36x 5.75x 5.47x 4.31x
EV / EBIT 12.1x -80.2x 15.7x 8.59x 7.47x 5.89x
EV / FCF 12.4x -0.18x -0.7x -2.59x -3.17x 9.57x
FCF Yield 8.06% -545% -143% -38.6% -31.5% 10.4%
Dividend per Share 2 - 0.5 - - - -
Rate of return - 0.71% - - - -
EPS 2 6.216 4.72 - 4.48 2.63 4.07
Distribution rate - 10.6% - - - -
Net sales 1 11.3 10.35 12.77 13.13 11.34 13.12
EBITDA 1 0.8142 0.2908 0.4384 0.597 0.6599 0.7769
EBIT 1 0.5131 0.0128 0.1779 0.3995 0.4834 0.5684
Net income 1 0.387 0.3056 0.2966 0.2906 0.1706 0.2637
Net Debt 1 0.4764 -5.386 -1.88 -0.6133 1.122 0.8577
Reference price 2 92.00 70.00 75.00 65.00 40.00 40.00
Nbr of stocks (in thousands) 62.3 62.3 62.2 62.2 62.3 62.3
Announcement Date 2/29/20 3/1/21 5/22/23 5/22/23 5/28/24 4/28/25
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 4.9M
38.79x6.62x24.59x0.69% 133B
29.27x5.46x18.94x2.06% 37.74B
32.89x4.35x16.45x0.1% 32.34B
23.98x4x12.69x1.4% 30.2B
26.14x3.18x13.68x1.44% 27.94B
112.9x40.63x92.94x0.32% 27.91B
22.87x3.31x14.28x1.02% 27.89B
25.94x3.26x15.94x1.74% 24.22B
Average 39.10x 8.85x 26.19x 1.1% 37.93B
Weighted average by Cap. 38.68x 8.04x 25.38x 0.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA