Company Valuation: Voltalia

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,872 2,232 1,365 930.9 1,020 654.7 - -
Change - 19.19% -38.85% -31.78% 9.53% -35.79% - -
Enterprise Value (EV) 1 2,631 3,161 2,955 2,873 3,198 2,977 2,885 2,950
Change - 20.17% -6.53% -2.78% 11.3% -6.9% -3.08% 2.25%
P/E -1,414x - 45.3x -44.6x -9.16x 750x 24.2x 13.8x
PBR 3x - 1.08x 0.88x 1.07x 0.76x 0.71x 0.72x
PEG - - - 0x -0x -7x 0x 0.2x
Capitalization / Revenue 4.55x 4.76x 2.76x 1.7x 1.73x 1.03x 0.93x 0.83x
EV / Revenue 6.39x 6.74x 5.97x 5.25x 5.44x 4.7x 4.09x 3.76x
EV / EBITDA 19.1x 23x 12.3x 13.4x 15.1x 13.5x 9.85x 9.08x
EV / EBIT 42.6x 56.5x 24.8x 31.9x 45.7x 40.5x 19.5x 17.6x
EV / FCF -12.1x - -6.41x -14.6x -26.2x -49.9x -13.9x -14.1x
FCF Yield -8.3% - -15.6% -6.86% -3.82% -2% -7.18% -7.09%
Dividend per Share 2 - - - - - - - 0.04
Rate of return - - - - - - - 0.8%
EPS 2 -0.0139 - 0.23 -0.16 -0.85 0.00667 0.2066 0.3634
Distribution rate - - - - - - - 11%
Net sales 1 411.9 469 495 547 587.8 632.9 705.6 784.7
EBITDA 1 137.5 137.4 241 215.1 211.3 220.4 292.9 325
EBIT 1 61.81 55.91 119 90 70 73.5 148.3 167.2
Net income 1 -1.616 -7.174 30 -20.9 -128.1 0.9454 29.03 47.66
Net Debt 1 758.6 929.9 1,590 1,942 2,178 2,322 2,231 2,296
Reference price 2 19.660 17.060 10.420 7.130 7.790 5.000 5.000 5.000
Nbr of stocks (in thousands) 95,232 130,805 130,959 130,565 130,893 130,950 - -
Announcement Date 3/24/22 3/23/23 4/2/24 3/13/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
749.63x4.7x13.51x-.--% 760M
-25.63x6.63x12.43x5.12% 10.63B
18.88x3.56x8.09x0.16% 8.05B
46.95x7.28x13.3x0.51% 5.84B
21.24x3.62x11.01x4.91% 5.32B
-11.06x86.77x-79.12x-.--% 3.52B
22.57x5.28x16.49x2.67% 1.37B
15.58x8.76x15.94x - 874M
6.04x - - - 666M
-42.83x - - 2.78% 658M
Average 80.14x 15.83x 1.46x 2.02% 3.77B
Weighted average by Cap. 21.70x 13.34x 2.79x 2.5%

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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