Company Valuation: Palfinger AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,293 889.1 876.1 684.2 1,254 1,173 - -
Change - -31.25% -1.46% -21.9% 83.24% -6.45% - -
Enterprise Value (EV) 1 1,770 1,499 1,544 1,347 1,714 1,619 1,581 1,522
Change - -15.32% 3.04% -12.8% 27.26% -5.5% -2.35% -3.75%
P/E 14.9x 11.5x 8.13x 6.83x 12.4x 11.6x 9.21x 7.81x
PBR 2.32x 1.45x 1.34x 0.98x 1.46x 1.24x 1.13x 1.03x
PEG - -1x 0.2x -0.96x -1.88x -119.1x 0.4x 0.4x
Capitalization / Revenue 0.7x 0.4x 0.36x 0.29x 0.54x 0.49x 0.46x 0.43x
EV / Revenue 0.96x 0.67x 0.63x 0.57x 0.73x 0.67x 0.62x 0.56x
EV / EBITDA 7.26x 6.53x 5.1x 4.86x 6.37x 6x 5.08x 4.4x
EV / EBIT 11.4x 9.96x 7.35x 7.25x 9.83x 9.22x 7.53x 6.37x
EV / FCF -42x -50.9x 33.2x 11.3x 9.44x 30.7x 25.4x 17x
FCF Yield -2.38% -1.96% 3.01% 8.87% 10.6% 3.26% 3.94% 5.88%
Dividend per Share 2 0.77 0.77 1.05 0.9 0.9 0.9415 1.134 1.316
Rate of return 2.24% 3.26% 4.17% 4.57% 2.7% 3.01% 3.63% 4.21%
EPS 2 2.31 2.05 3.1 2.88 2.69 2.687 3.394 4.001
Distribution rate 33.3% 37.6% 33.9% 31.3% 33.5% 35% 33.4% 32.9%
Net sales 1 1,842 2,226 2,446 2,360 2,339 2,407 2,550 2,699
EBITDA 1 243.7 229.6 302.9 277 269.1 270.1 311.3 345.8
EBIT 1 155 150.4 210.2 185.6 174.3 175.6 209.9 239
Net income 1 86.56 71.37 107.7 100 96.68 97.7 124.7 147.8
Net Debt 1 476.6 609.6 668.1 662.4 459.9 446.6 408.6 349.2
Reference price 2 34.40 23.65 25.20 19.68 33.35 31.25 31.25 31.25
Nbr of stocks (in thousands) 37,593 37,593 34,767 34,767 37,593 37,593 - -
Announcement Date 23/02/22 23/02/23 06/03/24 04/03/25 02/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.63x0.67x6x3.01% 1.37B
21.67x2.05x16.83x2.52% 68.02B
12.67x1.15x11.59x4.12% 41.68B
17.19x1.7x9.68x2.63% 41.62B
33.43x4.84x19.37x1.49% 32.93B
11.9x1.53x9.88x1.92% 19.74B
23.78x2.22x12.02x1.99% 19.93B
25.79x2.85x15.37x2.33% 17.56B
13.94x - - 0.7% 16.91B
27.05x0.9x15.66x1.46% 14.38B
Average 19.90x 1.99x 12.93x 2.22% 27.41B
Weighted average by Cap. 20.50x 2.16x 14.02x 2.4%

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

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  4. Valuation Palfinger AG