Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,435 - -
Change - 47.64% - -
Enterprise Value (EV) 1 7,068 17,213 17,060 16,907
Change - 143.53% -0.89% -0.9%
P/E - 23.9x 16.4x 13.7x
PBR - -4.22x -6.62x -7.47x
PEG - - 0.4x 0.7x
Capitalization / Revenue 0.79x 1x 0.94x 0.9x
EV / Revenue 0.79x 1.66x 1.54x 1.45x
EV / EBITDA - 8.97x 8.21x 7.59x
EV / EBIT - 10.7x 8.99x 8.29x
EV / FCF - 24.5x 16x 14.3x
FCF Yield - 4.08% 6.23% 6.98%
Dividend per Share 2 - 1 1.014 1.058
Rate of return - 7.62% 7.72% 8.05%
EPS 2 - 0.5489 0.8018 0.9616
Distribution rate - 182% 127% 110%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,920 2,078 2,228
EBIT 1 - 1,604 1,898 2,039
Net income 1 732 610 735.5 843.1
Net Debt 1 - 6,778 6,625 6,471
Reference price 2 19.10 13.13 13.13 13.13
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 19/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.66x8.97x - 12.13B
23.2x6x14.08x1.68% 25.89B
13.8x2.3x8.02x5.35% 18.53B
-108.15x1.53x10.39x-.--% 17.24B
14.32x6.57x9.99x3.5% 17.04B
14.94x2.41x8.93x7.37% 14.23B
225.14x1.83x16.85x-.--% 11.75B
29.74x3.48x16.57x3.56% 7.78B
19.86x3.43x8.53x2.12% 7.11B
16.35x2.43x8.89x2.22% 7.09B
Average 27.69x 3.16x 11.12x 2.87% 13.88B
Weighted average by Cap. 20.38x 3.47x 11.16x 2.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!