Company Valuation: Elis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,409 3,179 4,418 4,469 5,643 4,501 - -
Change - -6.74% 39% 1.15% 26.26% -20.23% - -
Enterprise Value (EV) 1 7,007 6,842 7,444 7,507 8,663 7,727 7,556 7,377
Change - -2.36% 8.8% 0.85% 15.4% -10.8% -2.22% -2.37%
P/E 29.8x 16.1x 17.8x 14x 16.6x 13.2x 12x 11x
PBR 1.13x 0.99x 1.27x 1.23x 1.49x 1.26x 1.16x 1.08x
PEG - 0.2x 0.8x 0.5x 2.04x 1.55x 1.1x 1.22x
Capitalization / Revenue 1.12x 0.83x 1.03x 0.98x 1.18x 0.89x 0.86x 0.82x
EV / Revenue 2.3x 1.79x 1.73x 1.64x 1.81x 1.53x 1.44x 1.35x
EV / EBITDA 6.66x 5.43x 5.05x 4.66x 5.1x 4.33x 4.04x 3.78x
EV / EBIT 18x 12.6x 10.9x 10.2x 11.3x 9.64x 9.06x 8.44x
EV / FCF 17.1x 16.4x 24.5x 21.7x 24.2x 19.8x 18.3x 17.3x
FCF Yield 5.83% 6.11% 4.08% 4.61% 4.14% 5.05% 5.45% 5.77%
Dividend per Share 2 0.37 0.41 0.43 0.45 0.48 0.5254 0.5679 0.608
Rate of return 2.43% 2.97% 2.28% 2.38% 1.98% 2.5% 2.71% 2.9%
EPS 2 0.51 0.86 1.06 1.35 1.46 1.584 1.753 1.911
Distribution rate 72.5% 47.7% 40.6% 33.3% 32.9% 33.2% 32.4% 31.8%
Net sales 1 3,048 3,821 4,309 4,574 4,797 5,047 5,260 5,467
EBITDA 1 1,052 1,260 1,475 1,610 1,700 1,784 1,868 1,951
EBIT 1 388.3 543.7 683.1 733 766.6 801.8 834.4 874.2
Net income 1 114.5 204.6 262.5 337.8 366.6 374.1 409.2 441.1
Net Debt 1 3,599 3,663 3,026 3,038 3,020 3,226 3,055 2,876
Reference price 2 15.22 13.82 18.89 18.90 24.26 20.98 20.98 20.98
Nbr of stocks (in thousands) 223,957 230,009 233,899 236,468 232,609 214,549 - -
Announcement Date 09/03/22 08/03/23 07/03/24 06/03/25 11/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.25x1.53x4.33x2.5% 5.16B
18.04x0.7x10.44x-.--% 1.46B
9.14x0.55x4.07x4.44% 464M
17.47x0.84x8.34x5.52% 55.89M
Average 14.47x 0.91x 6.79x 3.11% 1.79B
Weighted average by Cap. 13.99x 1.29x 5.59x 2.14%

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

-40%: Exceptional extension
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