Company Valuation: Andritz

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,504 5,312 5,578 4,859 6,512 7,526 - -
Change - 17.93% 5.02% -12.89% 34.01% 15.58% - -
Enterprise Value (EV) 1 4,114 4,569 5,128 4,433 6,011 6,816 6,633 6,455
Change - 11.05% 12.23% -13.55% 35.6% 13.39% -2.68% -2.69%
P/E 13.8x 12.9x 11x 9.82x 14.4x 15.6x 13.6x 12.1x
PBR 2.86x 2.87x 2.57x 2.13x 2.66x 2.82x 2.55x 2.31x
PEG - 0.5x 0.5x -3.16x -2.11x 2.53x 0.9x 1x
Capitalization / Revenue 0.7x 0.7x 0.64x 0.58x 0.83x 0.92x 0.86x 0.8x
EV / Revenue 0.64x 0.61x 0.59x 0.53x 0.76x 0.83x 0.75x 0.69x
EV / EBITDA 5.73x 5.53x 5.63x 4.99x 7.3x 7.56x 6.68x 5.95x
EV / EBIT 8.58x 7.98x 7.48x 6.7x 10.3x 10.5x 8.96x 7.93x
EV / FCF 9.81x 8.68x 34.5x 11.1x 15.7x 10.2x 12.1x 10.9x
FCF Yield 10.2% 11.5% 2.9% 9% 6.37% 9.79% 8.26% 9.14%
Dividend per Share 2 1.65 2.1 2.5 2.6 2.7 2.825 3.05 3.34
Rate of return 3.64% 3.92% 4.43% 5.31% 4.04% 3.68% 3.97% 4.35%
EPS 2 3.28 4.14 5.15 4.99 4.65 4.936 5.667 6.323
Distribution rate 50.3% 50.7% 48.5% 52.1% 58.1% 57.2% 53.8% 52.8%
Net sales 1 6,463 7,543 8,660 8,314 7,883 8,198 8,791 9,398
EBITDA 1 718.3 825.5 910.2 887.9 823.4 901 993.3 1,084
EBIT 1 479.6 572.7 685.2 661.9 582.8 649 740.7 814.3
Net income 1 325.5 409.6 510.2 496.5 456.3 489 561.7 628
Net Debt 1 -389.8 -742.6 -450.4 -426.4 -500.8 -710.4 -892.8 -1,071
Reference price 2 45.38 53.55 56.40 48.98 66.75 76.80 76.80 76.80
Nbr of stocks (in thousands) 99,256 99,191 98,904 99,210 97,556 97,999 - -
Announcement Date 08/03/22 08/03/23 29/02/24 06/03/25 05/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.6x6.11x22.73x0.76% 122B
40.78x6.97x26.1x1.5% 40.56B
33.75x4.34x16.01x0.1% 31.84B
25x3.65x15.7x0.94% 30.43B
20.94x1.73x12.76x2.32% 29.68B
28.33x4.67x16.72x1.41% 27.98B
25.56x3.06x13.35x1.48% 27.68B
26.09x3.36x16.02x1.75% 23.79B
Average 29.51x 4.24x 17.42x 1.28% 41.77B
Weighted average by Cap. 31.67x 4.86x 19.22x 1.13%

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