Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,570 - -
Change - 49.55% - -
Enterprise Value (EV) 1 7,068 17,432 17,359 17,141
Change - 146.63% -0.42% -1.26%
P/E - 23.9x 17.3x 13.8x
PBR - -4.7x -6.55x -7.91x
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 - 9.03x 8.23x 7.57x
EV / EBIT - 11.1x 9.34x 8.58x
EV / FCF - 24.8x 16.3x 14.5x
FCF Yield - 4.03% 6.13% 6.88%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.52% 7.59% 7.9%
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 13.30 13.30 13.30
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.($)
24.89x6.39x14.98x1.58% 26.65B
51.34x1.6x10.43x-.--% 18.92B
13.7x2.28x8.12x4.59% 18.78B
14.79x2.5x9.32x6.77% 15.01B
12.71x5.79x8.8x3.98% 14.78B
102.55x1.89x17.03x-.--% 12.21B
35.63x3.9x19.43x2.89% 8.66B
13.53x2.32x7.86x0.85% 6.78B
17.08x3.3x8.28x2.3% 6.64B
Average 31.80x 3.33x 11.58x 2.55% 14.27B
Weighted average by Cap. 31.68x 3.59x 11.71x 2.61%

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