Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,602 - -
Change - 50% - -
Enterprise Value (EV) 1 7,068 17,464 17,391 17,173
Change - 147.08% -0.42% -1.25%
P/E - 24x 17.3x 13.9x
PBR - -4.71x -6.57x -7.93x
PEG - - 0.5x 0.6x
Capitalization / Revenue 0.79x 1.02x 0.96x 0.91x
EV / Revenue 0.79x 1.68x 1.57x 1.47x
EV / EBITDA - 9.05x 8.25x 7.58x
EV / EBIT - 11.2x 9.36x 8.59x
EV / FCF - 24.9x 16.4x 14.6x
FCF Yield - 4.02% 6.12% 6.87%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.5% 7.57% 7.87%
EPS 2 - 0.5566 0.7698 0.9626
Distribution rate - 180% 131% 109%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,930 2,109 2,266
EBIT 1 - 1,565 1,858 1,999
Net income 1 732 616.8 694.7 819.5
Net Debt 1 - 6,862 6,789 6,570
Reference price 2 19.10 13.34 13.34 13.34
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.($)
25.01x6.42x15.04x1.57% 26.92B
13.92x2.33x8.28x4.52% 19.08B
49.18x1.56x10.12x-.--% 18.12B
15.14x2.53x9.48x6.75% 15.19B
12.45x5.63x8.56x4.06% 14.54B
100.73x1.81x16.33x-.--% 11.65B
35.82x3.91x19.47x2.88% 8.73B
17.11x3.19x7.93x2.39% 6.36B
12.61x2.18x7.37x0.91% 6.18B
Average 31.33x 3.28x 11.40x 2.56% 14.09B
Weighted average by Cap. 30.87x 3.59x 11.60x 2.65%

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