Company Valuation: Stef

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,262 1,122 1,419 1,611 1,648 1,680 - -
Change - -11.11% 26.43% 13.56% 2.25% 1.96% - -
Enterprise Value (EV) 1 2,207 2,195 2,464 2,952 3,181 3,185 3,147 3,112
Change - -0.56% 12.27% 19.78% 7.76% 0.14% -1.18% -1.13%
P/E 11.6x 7.82x 7.53x 10.5x 19.7x 12.4x 9.96x 9.39x
PBR 1.38x 1.08x 1.31x 1.35x 1.27x 1.19x 1.1x 1.02x
PEG - 0.2x 0.2x -0.6x -0.4x 0.2x 0.4x 1.54x
Capitalization / Revenue 0.36x 0.26x 0.32x 0.34x 0.32x 0.31x 0.3x 0.29x
EV / Revenue 0.63x 0.51x 0.55x 0.61x 0.62x 0.59x 0.57x 0.54x
EV / EBITDA 6.16x 5.29x 5.77x 6.09x 7.31x 6.36x 5.74x 5.43x
EV / EBIT 14.3x 10.8x 9.74x 12.9x 18.4x 13.9x 11.9x 11.4x
EV / FCF 10.6x 42.8x 22x -58.9x -47.7x 28.5x 24x 20.2x
FCF Yield 9.46% 2.33% 4.54% -1.7% -2.1% 3.51% 4.16% 4.95%
Dividend per Share 2 3 4 5.1 4.15 2.7 4.067 5.107 5.427
Rate of return 2.94% 4.42% 4.47% 3.16% 2.05% 3.06% 3.85% 4.09%
EPS 2 8.78 11.58 15.16 12.46 6.66 10.73 13.33 14.14
Distribution rate 34.2% 34.5% 33.6% 33.3% 40.5% 37.9% 38.3% 38.4%
Net sales 1 3,507 4,264 4,442 4,801 5,120 5,392 5,555 5,722
EBITDA 1 358.1 414.8 426.8 484.3 435.2 500.9 548.1 573.3
EBIT 1 153.9 203.5 253 228.4 173 228.9 263.7 272.3
Net income 1 110 146.4 191.6 157.2 84.3 136.6 163.3 175.9
Net Debt 1 944.8 1,073 1,046 1,340 1,533 1,505 1,468 1,432
Reference price 2 102.00 90.60 114.20 131.20 131.40 132.80 132.80 132.80
Nbr of stocks (in thousands) 12,377 12,387 12,424 12,281 12,538 12,649 - -
Announcement Date 10/03/22 09/03/23 07/03/24 13/03/25 12/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.61x7.36x21.99x0.54% 44.07B
34.01x1.92x14.51x0.68% 24.99B
27.8x2.62x14.23x - 21.13B
25.9x1.61x10.68x1.39% 11.4B
31.15x2.6x14.13x-.--% 9.47B
30.13x1.06x18.79x1.2% 6.05B
33.85x2.69x17.67x2.15% 4.18B
-87.32x0.57x28.83x-.--% 3.52B
44.35x0.83x6.91x1.56% 2.2B
Average 19.61x 2.36x 16.42x 0.94% 14.11B
Weighted average by Cap. 29.57x 3.87x 17.26x 0.72%

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