Company Valuation: Petrol AD

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 11.19 8.197 5.462 10.93 23.82 17.76
Change - -26.72% -33.37% 100.03% 118.03% -25.42%
Enterprise Value (EV) 1 68.03 56.83 103.6 239.8 296 285
Change - -16.46% 82.3% 131.43% 23.45% -3.71%
P/E -1.62x -3.28x 0.41x 4.13x 5.12x 6.61x
PBR 0.37x 0.31x 0.25x 0.48x 0.87x 0.75x
PEG - 0.1x -0x -0.1x 0.1x -0.2x
Capitalization / Revenue 0.03x 0.02x 0.01x 0.02x 0.05x 0.04x
EV / Revenue 0.17x 0.11x 0.13x 0.42x 0.58x 0.59x
EV / EBITDA 22.2x 8.38x 3.26x 264x 14.7x 41.2x
EV / EBIT -29.9x 56.5x 5.4x -177x 24.2x 165x
EV / FCF 7.7x 9.2x -15.1x -25.3x -7.73x 28.7x
FCF Yield 13% 10.9% -6.62% -3.95% -12.9% 3.48%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2524 -0.0914 0.4889 0.0968 0.17 0.0983
Distribution rate - - - - - -
Net sales 1 394.8 504 824.8 571.6 506.1 483.1
EBITDA 1 3.067 6.785 31.82 0.909 20.12 6.917
EBIT 1 -2.275 1.006 19.18 -1.351 12.21 1.726
Net income 1 -6.893 -2.495 13.35 2.645 4.697 2.686
Net Debt 1 56.84 48.63 98.14 228.8 272.2 267.2
Reference price 2 0.4100 0.3000 0.2000 0.4000 0.8700 0.6500
Nbr of stocks (in thousands) 27,312 27,312 27,312 27,312 27,312 27,312
Announcement Date 01/03/21 01/03/22 01/03/23 28/05/24 28/02/25 01/05/26
1BGN in Million2BGN
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.47M
13.39x1.67x7.03x2.53% 674B
18.2x1.51x8.84x0.5% 164B
6.84x0.84x5.05x0.96% 119B
7.84x0.77x5.22x1.19% 117B
6.76x0.56x2.54x4.62% 114B
8.5x0.71x6.39x1.92% 106B
10.33x0.34x5.19x6.81% 89.59B
9.99x1.94x4.97x2.44% 81.35B
12.07x1.48x7.84x1.92% 60.85B
Average 10.44x 1.09x 5.90x 2.54% 152.58B
Weighted average by Cap. 11.73x 1.30x 6.37x 2.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA