Company Valuation: WE.CONNECT

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 50.97 51.74 43.31 41.19 51.64 73.47
Change - 1.51% -16.28% -4.9% 25.36% 42.28%
Enterprise Value (EV) 1 37.65 43.52 54.12 32.85 38.94 45.78
Change - 15.59% 24.34% -39.3% 18.53% 17.57%
P/E 9.81x 8.14x 5.52x 4.31x 6.37x 1.97x
PBR 1.7x 1.43x 1.01x 0.81x 0.85x 0.76x
PEG - 0.4x 0.2x 0.2x -0.3x 0x
Capitalization / Revenue 0.24x 0.24x 0.18x 0.16x 0.17x 0.16x
EV / Revenue 0.18x 0.2x 0.23x 0.12x 0.13x 0.1x
EV / EBITDA 4.56x 4.63x 5.73x 2.96x 3.04x 1.09x
EV / EBIT 4.64x 4.76x 5.96x 3.06x 3.11x 1.11x
EV / FCF 240x -6.95x -2.44x 1.85x 69.6x -1.47x
FCF Yield 0.42% -14.4% -40.9% 54.1% 1.44% -68%
Dividend per Share 2 - 0.4 0.4 0.4 0.4 0.4
Rate of return - 2.11% 2.52% 2.67% 2.26% 1.6%
EPS 2 1.895 2.333 2.882 3.477 2.78 12.72
Distribution rate - 17.1% 13.9% 11.5% 14.4% 3.14%
Net sales 1 211.4 217.5 237.5 264.1 299.9 453.9
EBITDA 1 8.26 9.393 9.439 11.08 12.82 42.05
EBIT 1 8.109 9.136 9.086 10.75 12.5 41.09
Net income 1 5.145 6.354 7.878 9.548 7.711 37.49
Net Debt 1 -13.32 -8.214 10.8 -8.343 -12.7 -27.7
Reference price 2 18.60 19.00 15.90 15.00 17.70 25.00
Nbr of stocks (in thousands) 2,740 2,723 2,724 2,746 2,917 2,939
Announcement Date 4/23/21 4/19/22 4/17/23 4/30/24 4/18/25 4/30/26
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 82M
30.98x5.8x17.65x0.64% 196B
34.56x12.31x22.45x0.79% 124B
49.11x6.18x21.15x0.86% 114B
13.1x0.3x6.58x3.84% 105B
34.02x5.55x18.18x1.02% 79.55B
56.2x6.08x27.82x0.24% 65.65B
19.98x7.12x14.45x0.63% 63.95B
19.55x3.29x12.61x1.37% 61.56B
16.09x0.96x10.77x0.79% 53.9B
Average 30.40x 5.29x 16.85x 1.13% 86.36B
Weighted average by Cap. 31.33x 5.73x 17.24x 1.15%

Y-o-Y evolution of P/E

Valuation ratios - P/E - WE.CONNECT

Historical PBR trend

Valuation ratios - PBR - WE.CONNECT

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - WE.CONNECT

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - WE.CONNECT