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.($)
- - - - 76.79M
28.94x6.71x17.13x1.35% 220B
90.17x6.66x15.49x2.37% 68.03B
206.64x - - - 23.19B
18.93x2.32x9.29x1.08% 16.7B
97.27x16.32x47.42x0.33% 7.14B
87.27x - - - 5.9B
94.82x19.3x56.72x0.21% 5.98B
26.78x2.81x10.9x0.91% 5.69B
13.18x0.84x6.79x2.81% 3.62B
Average 73.78x 7.85x 23.39x 1.29% 35.68B
Weighted average by Cap. 54.95x 6.78x 17.55x 1.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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