Company Valuation: Vossloh AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 793 686.8 736.8 831.8 1,476 1,042 - -
Change - -13.4% 7.29% 12.88% 77.47% -29.38% - -
Enterprise Value (EV) 1 1,009 924.3 956.3 969.4 2,029 1,594 1,485 1,431
Change - -8.36% 3.47% 1.36% 109.27% -21.42% -6.84% -3.63%
P/E 34.5x 16.4x 19x 12.1x 23.6x 23.5x 13.4x 11.3x
PBR 1.42x 1.15x 1.21x 1.05x 1.94x 1.24x 1.11x 1.03x
PEG - 0.2x -2.66x 0.2x -2.63x -0.8x 0.2x 0.6x
Capitalization / Revenue 0.84x 0.66x 0.61x 0.69x 1.1x 0.66x 0.62x 0.58x
EV / Revenue 1.07x 0.88x 0.79x 0.8x 1.51x 1.01x 0.88x 0.8x
EV / EBITDA 8.12x 7.04x 6.05x 6.05x 11.3x 7.69x 6.27x 5.54x
EV / EBIT 14x 11.8x 9.71x 9.21x 18.1x 13.6x 9.85x 8.5x
EV / FCF 34.1x 33.1x 13.5x 11.3x 21.7x 20.3x 15.8x 13.3x
FCF Yield 2.93% 3.02% 7.41% 8.87% 4.6% 4.92% 6.32% 7.51%
Dividend per Share 2 1 1 1.05 1.1 1.15 1.078 1.466 1.672
Rate of return 2.21% 2.56% 2.5% 2.56% 1.51% 2% 2.72% 3.1%
EPS 2 1.31 2.38 2.21 3.56 3.24 2.294 4.021 4.78
Distribution rate 76.3% 42% 47.5% 30.9% 35.5% 47% 36.4% 35%
Net sales 1 942.8 1,046 1,214 1,210 1,343 1,577 1,683 1,789
EBITDA 1 124.2 131.2 158 160.3 179.4 207.2 236.9 258.5
EBIT 1 72.3 78.1 98.5 105.2 111.9 117.5 150.8 168.4
Net income 1 23.1 41.7 38.7 63.2 62.7 44.29 75.12 89.35
Net Debt 1 215.6 237.5 219.5 137.6 552.5 551.8 442.8 389
Reference price 2 45.15 39.10 41.95 43.05 76.40 53.95 53.95 53.95
Nbr of stocks (in thousands) 17,564 17,564 17,564 19,321 19,321 19,321 - -
Announcement Date 3/17/22 3/16/23 3/21/24 3/25/25 3/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.83x1.02x7.76x1.97% 1.21B
30.48x4.22x17.81x0.44% 47.33B
11.68x0.37x3.85x4.21% 24.64B
15.77x1.52x8.97x0.55% 9.62B
19.17x0.67x8.24x2.93% 3.62B
13.78x0.59x7.01x2.55% 3.04B
12.73x3.37x8.64x4.46% 2.23B
13.71x1.13x9.85x3.19% 1.29B
Average 17.64x 1.61x 9.02x 2.54% 11.62B
Weighted average by Cap. 22.25x 2.56x 12.01x 1.77%

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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  4. Valuation Vossloh AG
-40%: Exceptional extension
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