Company Valuation: WashTec AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 736 461.7 428.2 543.3 635.4 515.4 - -
Change - -37.27% -7.25% 26.87% 16.95% -18.9% - -
Enterprise Value (EV) 1 750.1 505.5 470.1 567.7 665 557.8 549.5 538.5
Change - -32.62% -6.99% 20.77% 17.12% -16.12% -1.49% -2%
P/E 23.7x 17.5x 15.3x 17.5x 20.8x 14.2x 12.1x 11.1x
PBR 7.48x 5.24x 4.99x 6.14x 7.77x 6.04x 5.69x 5.35x
PEG - -1.2x 2.51x 1.6x -16.09x 0.7x 0.7x 1.19x
Capitalization / Revenue 1.71x 0.96x 0.87x 1.14x 1.27x 0.98x 0.93x 0.9x
EV / Revenue 1.74x 1.05x 0.96x 1.19x 1.33x 1.06x 1x 0.94x
EV / EBITDA 12.5x 9.59x 8.31x 9.45x 10.2x 7.99x 7.03x 6.45x
EV / EBIT 16.4x 13.3x 11.2x 12.5x 13.6x 10.3x 8.69x 7.82x
EV / FCF 18.1x 33.2x 9.98x 14.4x 16.1x 15x 12x 10.6x
FCF Yield 5.52% 3.01% 10% 6.95% 6.22% 6.69% 8.32% 9.42%
Dividend per Share 2 2.1 2.1 2.2 2.4 2.5 2.567 2.74 2.88
Rate of return 3.82% 6.09% 6.88% 5.91% 5.25% 6.62% 7.06% 7.42%
EPS 2 2.32 1.97 2.09 2.32 2.29 2.724 3.21 3.51
Distribution rate 90.5% 107% 105% 103% 109% 94.2% 85.4% 82%
Net sales 1 430.5 482.2 489.5 476.9 498.6 527 551.8 575.6
EBITDA 1 60.2 52.7 56.58 60.1 65.05 69.8 78.17 83.47
EBIT 1 45.69 38.01 41.89 45.5 48.92 54.17 63.2 68.87
Net income 1 31.08 26.36 27.97 31.03 30.69 36.43 42.93 46.97
Net Debt 1 14.09 43.76 41.89 24.42 29.54 42.4 34.1 23.1
Reference price 2 55.00 34.50 32.00 40.60 47.60 38.80 38.80 38.80
Nbr of stocks (in thousands) 13,382 13,382 13,382 13,382 13,349 13,282 - -
Announcement Date 3/31/22 3/30/23 3/27/24 3/26/25 3/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.24x1.06x7.99x6.62% 590M
35.38x6.07x22.6x0.76% 121B
34.89x6.54x22.43x1.73% 43.04B
33.36x4.3x15.88x0.11% 31.54B
21.17x1.75x12.91x2.3% 30B
23.63x3.45x14.88x1% 28.78B
29.98x4.99x17.84x1.33% 29.67B
25.92x3.11x13.54x1.45% 28.08B
113.27x7.7x40.51x - 27.71B
27.36x3.53x16.82x1.66% 25.23B
Average 35.92x 4.25x 18.54x 1.88% 36.61B
Weighted average by Cap. 37.21x 5.04x 20.45x 1.17%

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 WashTec AG