Company Valuation: XP Power Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 400.9 319.7 308.8 251.3 463.6 - -
Change - -59.65% -20.24% -3.43% -18.6% 84.44% - -
Enterprise Value (EV) 1 1,018 551.9 432.4 402.3 292.8 517.8 516 494.5
Change - -45.8% -21.64% -6.98% -27.2% 76.84% -0.35% -4.17%
P/E 44.8x -20x -29.9x -32.2x -21.4x 55.3x 29.7x 20.6x
PBR 5.91x 2.89x 1.78x 2.14x 1.42x 2.4x 2.26x 2.27x
PEG - 0x 0.5x 3x -5.78x -0x 0.3x 0.5x
Capitalization / Revenue 4.13x 1.38x 1.01x 1.25x 1.09x 1.91x 1.77x 1.66x
EV / Revenue 4.24x 1.9x 1.37x 1.63x 1.27x 2.13x 1.97x 1.77x
EV / EBITDA 18.3x 9.78x 7.86x 9.84x 8.44x 12.1x 9.92x 8.34x
EV / EBIT 22.6x 12.9x 11.4x 16x 16.9x 19.6x 14.4x 11.4x
EV / FCF 81.4x -25.8x 19.4x 9.6x 9.76x 41.2x 38.8x 44.2x
FCF Yield 1.23% -3.88% 5.16% 10.4% 10.2% 2.43% 2.58% 2.26%
Dividend per Share 2 0.94 0.94 0.18 - - - 0.1746 0.2213
Rate of return 1.84% 4.62% 1.33% - - - 1.05% 1.33%
EPS 2 1.138 -1.016 -0.454 -0.405 -0.42 0.3004 0.5583 0.8055
Distribution rate 82.6% -92.5% -39.6% - - - 31.3% 27.5%
Net sales 1 240.3 290.4 316.4 247.3 230.1 242.8 261.5 278.7
EBITDA 1 55.5 56.4 55 40.9 34.7 42.8 52.03 59.28
EBIT 1 45.1 42.9 38.1 25.1 17.3 26.4 35.75 43.3
Net income 1 22.6 -20 -9.2 -9.6 -11.4 8.706 16.34 23.77
Net Debt 1 24.7 151 112.7 93.5 41.5 54.27 52.44 30.93
Reference price 2 51.00 20.35 13.56 13.06 9.00 16.60 16.60 16.60
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
56.52x2.18x12.35x-.--% 633M
18.19x2.41x10.83x2.79% 265B
25.72x3x16.37x2.07% 238B
28.85x3.73x17.22x1.72% 171B
34.74x5.37x22.89x1.07% 157B
43.96x5.86x25.43x0.99% 143B
99.73x13.72x74.48x0.29% 114B
49.73x7.98x32.47x0.09% 112B
30.28x4.95x17.27x1.49% 82.86B
33.4x6.97x21.73x0.56% 55.46B
Average 42.11x 5.62x 25.10x 1.11% 133.92B
Weighted average by Cap. 36.54x 5.17x 23.67x 1.52%

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 XP Power Limited