Company Valuation: Asmodee

Data adjusted to current consolidation scope
Fiscal Period: March 2025 2026 2027 2028 2029
Market Cap 1 1,971 2,265 3,489 - -
Change - 14.91% 54.04% - -
Enterprise Value (EV) 1 2,381 2,522 3,917 3,806 3,590
Change - 5.95% 55.31% -2.85% -5.68%
P/E 307x 81.7x 21.2x 19.7x 18.1x
PBR 1.05x 1.2x 1.7x 1.59x 1.48x
PEG - 0x 0x 2.58x 2.02x
Capitalization / Revenue 1.44x 1.35x 1.81x 1.79x 1.71x
EV / Revenue 1.74x 1.5x 2.04x 1.95x 1.76x
EV / EBITDA 10.4x 8.84x 11.3x 10.8x 9.78x
EV / EBIT 12x 9.8x 12.8x 12.3x 11.1x
EV / FCF 14.2x 12x 20.5x 16.1x 15.5x
FCF Yield 7.07% 8.31% 4.88% 6.2% 6.46%
Dividend per Share 2 - 0.17 0.2215 0.2073 0.2348
Rate of return - 1.75% 1.5% 1.41% 1.59%
EPS 2 0.0275 0.1186 0.6941 0.747 0.8141
Distribution rate - 143% 31.9% 27.7% 28.8%
Net sales 1 1,369 1,684 1,923 1,947 2,035
EBITDA 1 228.2 285.4 345.5 352.3 367
EBIT 1 198.2 257.3 305.4 309.2 322.5
Net income 1 4.699 27.7 164.3 177.3 193.1
Net Debt 1 409.8 257.5 428.7 317.2 100.9
Reference price 2 8.43 9.69 14.74 14.74 14.74
Nbr of stocks (in thousands) 233,692 233,692 236,721 - -
Announcement Date 21/05/25 21/05/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.83x2x11.15x1.53% 3.97B
21.43x3.16x15.58x2.73% 60.75B
14.88x7.46x12.29x6.06% 6.17B
17.1x3.04x10.55x1.23% 2.14B
16.57x0.88x7.31x2.15% 2.04B
27.96x - - - 335M
9.3x3.79x5.25x9.07% 91.16M
Average 18.30x 3.39x 10.35x 3.8% 10.79B
Weighted average by Cap. 20.62x 3.39x 14.69x 2.89%

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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