Company Valuation: XP Power Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 400.9 319.7 308.8 251.3 527.2 - -
Change - -59.65% -20.24% -3.43% -18.6% 109.78% - -
Enterprise Value (EV) 1 1,018 551.9 432.4 402.3 292.8 580.4 578.7 553.5
Change - -45.8% -21.64% -6.98% -27.2% 98.21% -0.3% -4.35%
P/E 44.8x -20x -29.9x -32.2x -21.4x 62.6x 33.8x 23.4x
PBR 5.91x 2.89x 1.78x 2.14x 1.42x 2.73x 2.57x 2.59x
PEG - 0x 0.5x 3x -5.78x -0x 0.4x 0.5x
Capitalization / Revenue 4.13x 1.38x 1.01x 1.25x 1.09x 2.17x 2.02x 1.9x
EV / Revenue 4.24x 1.9x 1.37x 1.63x 1.27x 2.39x 2.22x 2x
EV / EBITDA 18.3x 9.78x 7.86x 9.84x 8.44x 13.5x 11.2x 9.47x
EV / EBIT 22.6x 12.9x 11.4x 16x 16.9x 21.6x 16.2x 12.9x
EV / FCF 81.4x -25.8x 19.4x 9.6x 9.76x 46.2x 89.5x 49.4x
FCF Yield 1.23% -3.88% 5.16% 10.4% 10.2% 2.17% 1.12% 2.02%
Dividend per Share 2 0.94 0.94 0.18 - - - 0.1085 0.2213
Rate of return 1.84% 4.62% 1.33% - - - 0.57% 1.17%
EPS 2 1.138 -1.016 -0.454 -0.405 -0.42 0.3016 0.5583 0.8055
Distribution rate 82.6% -92.5% -39.6% - - - 19.4% 27.5%
Net sales 1 240.3 290.4 316.4 247.3 230.1 243.1 261 277.1
EBITDA 1 55.5 56.4 55 40.9 34.7 42.98 51.84 58.47
EBIT 1 45.1 42.9 38.1 25.1 17.3 26.9 35.82 42.9
Net income 1 22.6 -20 -9.2 -9.6 -11.4 8.24 16.12 22.45
Net Debt 1 24.7 151 112.7 93.5 41.5 53.18 51.45 26.27
Reference price 2 51.00 20.35 13.56 13.06 9.00 18.88 18.88 18.88
Nbr of stocks (in thousands) 19,479 19,698 23,580 23,642 27,926 27,926 - -
Announcement Date 3/1/22 2/28/23 3/5/24 3/4/25 3/3/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.2x2.66x11.74x2.66% 279B
25.38x3.01x16.31x2.07% 239B
29.87x3.88x17.91x1.64% 179B
48.54x6.49x27.95x0.9% 162B
36.32x5.6x23.67x1.03% 163B
55.87x8.95x36.44x0.08% 125B
105.9x14.88x76.75x0.28% 122B
29.82x4.87x17.03x1.52% 81.4B
44.81x7.06x30.02x0.89% 65.92B
Average 43.97x 6.38x 28.65x 1.23% 157.28B
Weighted average by Cap. 39.43x 5.59x 25.45x 1.46%

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