Company Valuation: Kendrion N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 312.4 232.9 182.3 161.2 221.3 288.3 - -
Change - -25.45% -21.72% -11.58% 37.28% 30.26% - -
Enterprise Value (EV) 1 443 373.2 327.3 264.6 251.6 322.5 314.5 301.4
Change - -15.76% -12.29% -19.16% -4.91% 28.17% -2.47% -4.16%
P/E 21.7x -5.02x 18.6x -35.9x 11.3x 14.6x 12.9x 11.7x
PBR 1.41x - 1.07x 1.03x 1.43x 1.84x 1.72x 1.6x
PEG - 0x -0x 0x -0x 2.79x 1x 1.1x
Capitalization / Revenue 0.67x 0.45x 0.35x 0.53x 0.9x 1.12x 1.08x 1.03x
EV / Revenue 0.95x 0.72x 0.63x 0.88x 1.02x 1.25x 1.17x 1.08x
EV / EBITDA 7.94x 6.5x 6.16x 7.15x 6.6x 7.42x 6.73x 6.05x
EV / EBIT 15.8x 12.7x 12.4x 17x 9.94x 10.8x 9.56x 8.42x
EV / FCF 108x 63.3x - 294x 12.5x 14x 14.7x 10.4x
FCF Yield 0.93% 1.58% - 0.34% 7.99% 7.13% 6.8% 9.65%
Dividend per Share 2 0.69 0.72 0.45 0.45 1.45 0.7533 0.83 0.85
Rate of return 3.28% 4.65% 3.73% 4.33% 10.4% 3.96% 4.36% 4.47%
EPS 2 0.97 -3.09 0.65 -0.29 1.24 1.305 1.47 1.62
Distribution rate 71.1% -23.3% 69.2% -155% 117% 57.7% 56.5% 52.5%
Net sales 1 464 519.3 518.5 301.5 245.5 257.4 268.1 279.8
EBITDA 1 55.8 57.4 53.1 37 38.1 43.46 46.77 49.86
EBIT 1 28 29.4 26.3 15.6 25.3 29.99 32.9 35.8
Net income 1 14.4 -46.3 9.9 -4.5 19.5 19.1 22.15 24.35
Net Debt 1 130.6 140.3 145 103.4 30.3 34.2 26.24 13.16
Reference price 2 21.05 15.50 12.08 10.40 14.00 19.02 19.02 19.02
Nbr of stocks (in thousands) 14,841 15,026 15,093 15,500 15,807 15,157 - -
Announcement Date 25/02/22 28/02/23 28/02/24 28/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.57x1.25x7.42x3.96% 322M
17.81x1.92x10.54x1.67% 68.84B
15.2x1.03x8.11x2.43% 35.06B
11.81x0.59x5.21x3.95% 29.65B
11.64x0.49x3.48x5.04% 26.14B
7.56x0.42x5.55x2.1% 22.15B
15.78x2.73x9.66x3.84% 20.03B
28.92x1.15x12.17x0.63% 17.36B
10.97x0.48x4.76x3.11% 16.92B
20.25x0.85x10.35x3.51% 16.67B
Average 15.45x 1.09x 7.72x 3.02% 25.31B
Weighted average by Cap. 15.51x 1.21x 8.05x 2.75%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kendrion N.V.

Historical PBR trend

Valuation ratios - PBR - Kendrion N.V.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kendrion N.V.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kendrion N.V.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Kendrion N.V.
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