Company Valuation: Carbacid Investments plc

Data adjusted to current consolidation scope
Fiscal Period: July 2020 2021 2022 2023 2024 2025
Market Cap 1 2,013 3,058 2,944 4,307 4,332 5,530
Change - 51.9% -3.75% 46.32% 0.59% 27.65%
Enterprise Value (EV) 1 1,194 2,077 2,717 4,209 4,241 5,294
Change - 74.05% 30.78% 54.92% 0.74% 24.85%
P/E 6.2x 7.37x 4.16x 5.28x 5.14x 5.51x
PBR 0.62x 0.88x 0.78x 1.03x 0.95x 1.08x
PEG - 0.3x 0.1x 0.3x 1.54x 0.3x
Capitalization / Revenue 2.95x 3.37x 2.08x 2.5x 2.1x 2.63x
EV / Revenue 1.75x 2.29x 1.92x 2.45x 2.05x 2.52x
EV / EBITDA 4.09x 5.93x 4.21x 5.52x 4.48x 4.97x
EV / EBIT 5.03x 7.18x 4.74x 6.2x 5x 5.8x
EV / FCF 7.87x 13.3x 11.9x -33.1x -13.3x 34x
FCF Yield 12.7% 7.53% 8.43% -3.02% -7.54% 2.94%
Dividend per Share 2 0.7 0.7 1.7 1.7 1.7 2
Rate of return 8.86% 5.83% 14.7% 10.1% 10% 9.22%
EPS 2 1.274 1.629 2.777 3.202 3.309 3.935
Distribution rate 54.9% 43% 61.2% 53.1% 51.4% 50.8%
Net sales 1 682.9 906.6 1,415 1,721 2,066 2,100
EBITDA 1 292 350.3 645.3 761.9 945.5 1,065
EBIT 1 237.4 289.5 573.6 679 848.5 912.6
Net income 1 324.7 415.1 707.7 816 843.3 1,003
Net Debt 1 -819.7 -980.8 -226.5 -97.78 -91.98 -235.9
Reference price 2 7.90 12.00 11.55 16.90 17.00 21.70
Nbr of stocks (in thousands) 254,852 254,852 254,852 254,852 254,852 254,852
Announcement Date 23/11/20 01/11/21 31/10/22 24/10/23 02/11/24 03/11/25
1KES in Million2KES
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 85.09M
28.82x6.63x16.94x1.36% 218B
82.27x6.2x14.42x2.59% 62.07B
91.6x - - - 15.85B
16.6x2.1x8.51x1.23% 15.1B
84.32x14.34x41.72x0.35% 6.22B
27.42x2.86x10.99x0.89% 5.67B
79.02x - - - 5.37B
87.72x17.84x52.42x0.23% 5.5B
13.16x0.88x7.05x2.51% 4.1B
Average 56.77x 7.26x 21.72x 1.31% 33.76B
Weighted average by Cap. 43.62x 6.53x 16.91x 1.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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