Company Valuation: Tessenderlo Group nv

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,439 1,438 1,787 1,156 1,552 1,183 - -
Change - -0.07% 24.22% -35.31% 34.28% -23.78% - -
Enterprise Value (EV) 1 1,514 1,498 1,787 1,231 1,511 1,084 1,050 1,038
Change - -1.08% 19.29% -31.11% 22.74% -28.24% -3.12% -1.17%
P/E 7.65x 6.34x 16.2x 27x -19.6x 15.8x 14.2x 13.1x
PBR 1.27x 1.03x - 0.61x 0.94x 0.65x 0.64x 0.67x
PEG - 0.3x -0.2x -0.5x 0x -0x 1.3x 1.52x
Capitalization / Revenue 0.69x 0.56x 0.61x 0.44x 0.56x 0.42x 0.4x 0.39x
EV / Revenue 0.73x 0.58x 0.61x 0.46x 0.55x 0.38x 0.35x 0.34x
EV / EBITDA 4.27x 3.44x 5.61x 4.63x 5.24x 3.61x 3.17x 2.85x
EV / EBIT 6.77x 4.99x 14.9x 19.3x 19.4x 11.7x 8.4x 7.18x
EV / FCF - - 20.6x 8.06x 16.8x 11.4x 9.91x 8.71x
FCF Yield - - 4.85% 12.4% 5.96% 8.74% 10.1% 11.5%
Dividend per Share 2 - 0.75 - 0.75 0.75 0.765 0.79 0.85
Rate of return - 2.25% - 3.97% 2.86% 3.82% 3.94% 4.24%
EPS 2 4.36 5.26 1.74 0.7 -1.34 1.27 1.412 1.534
Distribution rate - 14.3% - 107% -56% 60.2% 55.9% 55.4%
Net sales 1 2,082 2,588 2,928 2,648 2,763 2,849 2,973 3,027
EBITDA 1 354.2 434.8 318.7 265.6 288.1 300.6 331 363.8
EBIT 1 223.8 300.1 120.1 63.8 77.9 92.73 125 144.6
Net income 1 - - 109.5 42.8 -81.1 55.25 62.85 90.54
Net Debt 1 74.8 59.5 - 75 -41.3 -98.9 -132.8 -145
Reference price 2 33.35 33.35 28.25 18.90 26.20 20.05 20.05 20.05
Nbr of stocks (in thousands) 43,155 43,123 63,241 61,147 59,230 58,993 - -
Announcement Date 24/03/22 23/03/23 27/03/24 26/03/25 26/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.79x0.38x3.61x3.82% 1.35B
23.58x4.33x11.94x1.64% 84.27B
16.56x0.9x7.65x4.8% 46.81B
60.91x9.41x42.1x0.95% 17.06B
15.22x0.97x7.14x2.44% 15.35B
13.78x0.76x5.27x2.76% 9.77B
16.19x0.69x7.9x3.29% 9.28B
36.79x4.82x21.23x0.35% 8.62B
28.5x1.47x7.92x2.44% 7.69B
44.65x - - 0.67% 7.01B
Average 27.20x 2.64x 12.75x 2.32% 20.72B
Weighted average by Cap. 25.05x 3.24x 12.82x 2.44%

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

  1. Stock Market
  2. Stocks
  3. TESB Stock
  4. Valuation Tessenderlo Group nv