Company Valuation: HiPay Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 91.38 17.31 35.12 25.3 49 30.31 -
Change - -81.05% 102.87% -27.97% 93.65% -38.14% -
Enterprise Value (EV) 1 110.7 41.06 60.62 44.62 64.54 41.21 38.51
Change - -62.89% 47.64% -26.4% 44.65% -36.16% -6.55%
P/E -20.9x -2.22x 16.1x 4.32x 8.34x 11.7x 9.8x
PBR - - - - - - -
PEG - -0x -0x 0x -0.4x -0.2x 0.5x
Capitalization / Revenue 1.7x 0.29x 0.54x 0.34x 0.66x 0.39x 0.38x
EV / Revenue 2.05x 0.7x 0.93x 0.6x 0.86x 0.53x 0.48x
EV / EBITDA 39.6x 31.6x 6.19x 4.15x 7.85x 5.15x 4.7x
EV / EBIT -163x -12.7x 12.4x 7.2x 12.3x 11.1x 9.63x
EV / FCF 57.4x -14.3x 21.9x 9.67x -228x 8.41x 7.41x
FCF Yield 1.74% -6.98% 4.58% 10.3% -0.44% 11.9% 13.5%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.88 -1.57 0.44 1.18 0.93 0.41 0.49
Distribution rate - - - - - - -
Net sales 1 53.9 58.9 65.5 74.3 74.78 77.4 80.1
EBITDA 1 2.798 1.3 9.8 10.76 8.219 8 8.2
EBIT 1 -0.68 -3.227 4.9 6.201 5.254 3.7 4
Net income 1 -4.348 -7.781 2.2 5.835 5.894 2.6 3.1
Net Debt 1 19.28 23.75 25.5 19.32 15.55 10.9 8.2
Reference price 2 18.420 3.490 7.080 5.100 7.760 4.800 4.800
Nbr of stocks (in thousands) 4,961 4,961 4,961 4,961 6,314 6,314 -
Announcement Date 07/04/22 06/04/23 11/04/24 11/04/25 03/05/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.94x15.25x21.68x0.72% 688B
50.29x1.86x10.56x-.--% 50.03B
10.81x1.44x7.4x1.02% 47.02B
11.22x2.75x6.62x-.--% 28.18B
20.88x6.33x12.07x-.--% 27.34B
-22.12x3.42x7.29x1.1% 24.49B
21.65x6.76x20.87x-.--% 11.54B
88.55x8.67x79.03x-.--% 11.25B
16.53x2.79x6.59x4.64% 8.17B
Average 25.31x 5.48x 19.12x 0.83% 99.61B
Weighted average by Cap. 28.29x 12.49x 19.72x 0.68%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA