Company Valuation: Fluidra, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,682 2,756 3,579 4,465 4,398 3,589 - -
Change - -58.75% 29.84% 24.77% -1.5% -18.39% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,591 4,456 4,309
Change - -46.56% 15.76% 17.29% -2.46% -16.29% -2.94% -3.31%
P/E 26.6x 17.1x 31.4x 32.3x 25.3x 18.5x 14.7x 12.5x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.16x 2.02x 1.88x
PEG - -0.5x -1.1x 1.5x 1x 1.6x 0.6x 0.7x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.58x 1.5x 1.43x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 2.02x 1.87x 1.72x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.79x 7.79x 6.96x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 12.9x 11x 9.47x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 17.8x 14.9x 12.8x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 5.62% 6.71% 7.78%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6857 0.7643 0.86
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.63% 4.04% 4.55%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 1.024 1.282 1.517
Distribution rate 30.2% 100% 117% 75.6% 70.9% 66.9% 59.6% 56.7%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,268 2,389 2,512
EBITDA 1 549 512 445 447.4 501 522.1 572.4 619.3
EBIT 1 424.3 304.3 236.1 259.7 334 357.2 406 454.9
Net income 1 252 159.9 113.8 138.1 176 197.4 248.4 293.3
Net Debt 1 1,067 1,385 1,215 1,158 1,087 1,002 867.5 720
Reference price 2 35.20 14.52 18.85 23.52 23.16 18.90 18.90 18.90
Nbr of stocks (in thousands) 189,828 189,816 189,848 189,840 189,892 189,891 - -
Announcement Date 28/02/22 27/02/23 29/02/24 27/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.14x2.01x8.75x3.64% 4.09B
29.49x2.75x17.07x0.86% 6.39B
23.59x2.53x11.93x2.85% 3.34B
33.53x1.49x13.39x-.--% 3.32B
44.77x1.12x5.71x-.--% 2.63B
14.18x0.89x8.4x1.88% 1.69B
15.59x1.05x8.91x1.15% 1.32B
10.14x0.83x6.76x - 1.21B
31.5x - - 2.94% 724M
32.41x8.98x21.35x2.25% 737M
Average 25.33x 2.40x 11.36x 1.73% 2.54B
Weighted average by Cap. 26.49x 2.13x 11.89x 1.58%

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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  4. Valuation Fluidra, S.A.