Projected Income Statement: OPAP

Forecast Balance Sheet: OPAP

Forecast Balance Sheet - OPAP
Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - 6,974 6,908 6,845
Change - - -0.95% -0.91%
Announcement Date 19/03/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: OPAP

Fiscal Period: December 2026 2027 2028
CAPEX 1 255.2 206.3 207.9
Change - -19.14% 0.77%
Free Cash Flow (FCF) 1 714 764 908.5
Change - 7% 18.91%
Announcement Date - - -
1EUR in Million
Estimates

Forecast Financial Ratios: OPAP

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 18.38% 18.06% 18.48%
EBIT Margin (%) - 15.5% 15.25% 15.71%
EBT Margin (%) - 9.74% 10% 10.9%
Net margin (%) 8.14% 5.55% 6.2% 6.84%
FCF margin (%) - 7.02% 6.91% 7.81%
FCF / Net Income (%) - 126.54% 111.29% 114.27%

Profitability

    
ROA - 7.4% 7.16% 8.01%
ROE - 40% 16.47% 18.84%

Financial Health

    
Leverage (Debt/EBITDA) - 3.73x 3.46x 3.18x
Debt / Free cash flow - 9.77x 9.04x 7.53x

Capital Intensity

    
CAPEX / Current Assets (%) - 2.51% 1.86% 1.79%
CAPEX / EBITDA (%) - 13.65% 10.33% 9.67%
CAPEX / FCF (%) - 35.74% 27.01% 22.89%

Items per share

    
Cash flow per share 1 - 1.286 1.304 1.405
Change - - 1.37% 7.78%
Dividend per Share 1 - 1 1.014 1.058
Change - - 1.43% 4.26%
Book Value Per Share 1 - -2.775 -2.982 -3.068
Change - - -7.47% -2.9%
EPS 1 - 0.5755 0.7427 0.899
Change - - 29.05% 21.05%
Nbr of stocks (in thousands) - 794,759 794,759 794,759
Announcement Date - - - -
1EUR
Estimates
2026 *2027 *
P/E 21.1x 16.4x
PBR -4.38x -4.07x
EV / Sales 1.63x 1.5x
Yield 8.23% 8.35%

EPS & Dividend

EPS & Dividend - OPAP


Y-o-Y evolution of P/E

Valuation ratios - P/E - OPAP
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - OPAP
Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
AA
MarketScreener Ratings - OPAP
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
12.14EUR
Average target price
12.86EUR
Spread / Average Target
+5.91%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - OPAP