Company Valuation: KGL SA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 125.6 89.12 63.83 105.4 105.1 76.88
Change - -29.07% -28.37% 65.19% -0.33% -26.85%
Enterprise Value (EV) 1 247.7 211.3 202.7 214.8 234.3 202.4
Change - -14.7% -4.05% 5.97% 9.07% -13.61%
P/E 11.3x 17x -3.77x 5.76x -27.6x -4.18x
PBR 0.95x 0.66x 0.55x 0.78x 0.82x 0.75x
PEG - -0.3x 0x -0x 0x -0x
Capitalization / Revenue 0.33x 0.15x 0.1x 0.19x 0.2x 0.15x
EV / Revenue 0.65x 0.37x 0.31x 0.38x 0.44x 0.38x
EV / EBITDA 7.62x 8.62x 14.3x 4.32x 9.44x 18.6x
EV / EBIT 11x 18.8x -269x 6.23x 27.9x -32.3x
EV / FCF 212x 16.1x 45.6x 6.61x 50.1x 11.5x
FCF Yield 0.47% 6.21% 2.19% 15.1% 2% 8.66%
Dividend per Share 2 0.35 - - 0.5 - -
Rate of return 1.99% - - 3.36% - -
EPS 2 1.56 0.7358 -2.39 2.586 -0.54 -2.61
Distribution rate 22.4% - - 19.3% - -
Net sales 1 380 575.8 652 562.6 531.5 527.7
EBITDA 1 32.51 24.52 14.14 49.69 24.83 10.85
EBIT 1 22.59 11.25 -0.753 34.49 8.412 -6.266
Net income 1 11.18 5.246 -16.97 18.3 -3.792 -18.39
Net Debt 1 122 122.2 138.9 109.4 129.2 125.5
Reference price 2 17.55 12.50 9.02 14.90 14.90 10.90
Nbr of stocks (in thousands) 7,159 7,129 7,077 7,077 7,053 7,053
Announcement Date 30/04/21 29/04/22 01/03/23 30/04/24 30/04/25 30/04/26
1PLN in Million2PLN
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 21.39M
26.48x4.18x13.45x2.19% 124B
14.14x5.04x33.09x2.89% 47.82B
58.23x1.35x9.51x5.96% 39.55B
12.55x1.21x6.91x2.44% 34.45B
9.95x3.22x7.56x4.36% 26.03B
9.79x0.92x5.68x4.09% 21.81B
11.24x1.14x8.44x3.59% 19.76B
19.38x0.81x6.45x1.13% 19.59B
29.48x2.62x14.23x0.4% 19.16B
Average 21.25x 2.28x 11.70x 3.01% 35.24B
Weighted average by Cap. 23.67x 2.97x 13.49x 2.93%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA