Projected Income Statement: OPAP

Forecast Balance Sheet: OPAP

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - 6,779 6,625 6,471
Change - - -2.27% -2.32%
Announcement Date 19/03/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: OPAP

Fiscal Period: December 2026 2027 2028
CAPEX 1 240 206.7 209.4
Change - -13.89% 1.34%
Free Cash Flow (FCF) 1 702 1,064 1,180
Change - 51.5% 10.95%
Announcement Date - - -
1EUR in Million
Estimates

Forecast Financial Ratios: OPAP

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 18.49% 18.8% 19.11%
EBIT Margin (%) - 15.45% 17.17% 17.49%
EBT Margin (%) - 8.97% 11.12% 11.96%
Net margin (%) 8.14% 4.82% 6.45% 7.03%
FCF margin (%) - 6.76% 9.62% 10.12%
FCF / Net Income (%) - 140.12% 149.23% 144.02%

Profitability

    
ROA - 7.6% 7.67% 8.6%
ROE - 186% 4.36% 7.14%

Financial Health

    
Leverage (Debt/EBITDA) - 3.53x 3.19x 2.91x
Debt / Free cash flow - 9.66x 6.23x 5.48x

Capital Intensity

    
CAPEX / Current Assets (%) - 2.31% 1.87% 1.8%
CAPEX / EBITDA (%) - 12.5% 9.95% 9.4%
CAPEX / FCF (%) - 34.19% 19.43% 17.75%

Items per share

    
Cash flow per share 1 - 1.728 1.7 1.837
Change - - -1.6% 8.06%
Dividend per Share 1 - 1 1.014 1.057
Change - - 1.43% 4.22%
Book Value Per Share 1 - -3.12 -1.986 -1.758
Change - - 36.36% 11.48%
EPS 1 - 0.55 0.8015 0.9608
Change - - 45.73% 19.87%
Nbr of stocks (in thousands) - 794,759 794,759 794,759
Announcement Date - - - -
1EUR
Estimates
2026 *2027 *
P/E 25.1x 17.2x
PBR -4.43x -6.96x
EV / Sales 1.71x 1.59x
Yield 7.24% 7.34%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
13.82EUR
Average target price
14.21EUR
Spread / Average Target
+2.85%

Annual profits - Rate of surprise