Company Valuation: Dom Development S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,048 2,427 3,839 4,700 6,579 5,753 - -
Change - -20.37% 58.19% 22.43% 39.96% -12.55% - -
Enterprise Value (EV) 1 2,771 2,401 3,956 4,720 6,748 5,895 5,873 5,905
Change - -13.37% 64.75% 19.31% 42.98% -12.64% -0.37% 0.55%
P/E 9.37x 5.92x 8.37x 8.26x 10.1x 8.24x 7.75x 7.62x
PBR 2.44x 1.72x 2.64x 2.76x 3.31x 2.52x 2.23x 1.99x
PEG - 0.2x 0.7x 0.4x 0.7x 1.22x 1.23x 4.32x
Capitalization / Revenue 1.61x 1x 1.51x 1.48x 2.02x 1.54x 1.48x 1.38x
EV / Revenue 1.46x 0.99x 1.55x 1.49x 2.07x 1.58x 1.51x 1.42x
EV / EBITDA 6.47x 4.63x 6.83x 6.54x 8.15x 6.48x 6.33x 6.23x
EV / EBIT 6.71x 4.79x 7.09x 6.77x 8.42x 6.74x 6.46x 6.35x
EV / FCF 7.3x 13.8x 15.8x 13.2x 35.8x 8.34x 10.6x 9.71x
FCF Yield 13.7% 7.26% 6.33% 7.56% 2.8% 12% 9.41% 10.3%
Dividend per Share 2 10 - 11 - - 16 17.79 17.82
Rate of return 8.33% - 7.36% - - 7.17% 7.98% 7.99%
EPS 2 12.81 16.04 17.86 22.07 25.36 27.07 28.77 29.28
Distribution rate 78.1% - 61.6% - - 59.1% 61.8% 60.9%
Net sales 1 1,897 2,419 2,550 3,168 3,256 3,729 3,887 4,165
EBITDA 1 428.3 518 578.9 722 827.7 909.1 927.8 948.1
EBIT 1 413.1 501.5 558.2 697.2 801 874.3 908.7 929.6
Net income 1 327.1 410.3 460.2 569.1 654.2 715.2 741.1 757.7
Net Debt 1 -276.5 -26.22 116.2 19.03 169.3 141.9 120.2 152.2
Reference price 2 120.00 95.00 149.40 182.20 255.00 223.00 223.00 223.00
Nbr of stocks (in thousands) 25,398 25,548 25,698 25,798 25,798 25,798 - -
Announcement Date 19/03/22 16/03/23 19/03/24 17/03/25 17/03/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.24x1.58x6.48x7.17% 1.48B
59.48x - - - 63.49B
14.08x4.56x12.27x3.6% 40.07B
5.57x0.72x1.48x8.83% 27.24B
8.36x1.48x8.21x4.24% 27.77B
17.75x3.94x15.83x1.38% 27.44B
13.63x3.06x14.66x2.56% 25.21B
9.18x3.48x7.7x-.--% 21.62B
8.03x0.89x3.24x2.78% 20.54B
10.37x2.04x8.39x4.05% 20.85B
Average 15.47x 2.42x 8.70x 3.85% 27.57B
Weighted average by Cap. 22.29x 2.67x 9.34x 3.57%

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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