Company Valuation: VGP NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,589 2,123 2,866 1,949 2,688 2,479 - -
Change - -62.01% 34.96% -32% 37.96% -7.77% - -
Enterprise Value (EV) 1 6,748 3,792 4,644 3,514 4,524 4,694 4,886 5,017
Change - -43.8% 22.45% -24.33% 28.76% 3.75% 4.09% 2.68%
P/E 8.15x -14.2x 32.8x 6.79x 9.26x 7.78x 6.83x 6.45x
PBR 2.57x 0.79x 1.29x 0.81x 1.03x 0.79x 0.7x 0.63x
PEG - 0x -0x 0x 8.12x -6.06x 0.5x 1.09x
Capitalization / Revenue 126x 25x 25.2x 9.22x 10.9x 9.2x 8.28x 7.43x
EV / Revenue 152x 44.7x 40.8x 16.6x 18.3x 17.4x 16.3x 15x
EV / EBITDA 10.6x 271x 21.5x 9.91x 9.95x 22.1x 20.3x 15.7x
EV / EBIT 10.8x 583x 39.1x 11.1x 12.5x 10.7x 10.7x 12.4x
EV / FCF -9.4x -4.11x -131x 11.2x -7.66x -30.1x -79.2x 54.3x
FCF Yield -10.6% -24.3% -0.76% 8.95% -13.1% -3.32% -1.26% 1.84%
Dividend per Share 2 6.85 2.75 2.95 3.3 3.4 3.635 3.742 3.944
Rate of return 2.68% 3.53% 2.81% 4.62% 3.45% 4.45% 4.58% 4.83%
EPS 2 31.41 -5.49 3.2 10.52 10.64 10.5 11.96 12.67
Distribution rate 21.8% -50.1% 92.2% 31.4% 32% 34.6% 31.3% 31.1%
Net sales 1 44.26 84.78 113.7 211.3 247.4 269.4 299.4 333.7
EBITDA 1 634.1 13.99 215.9 354.5 454.7 212.2 240.3 320
EBIT 1 626.7 6.51 118.8 317.1 362.3 439.9 457.6 403.5
Net income 1 650.1 -122.5 87.29 287 290.4 336.2 389.9 416.9
Net Debt 1 1,159 1,669 1,778 1,565 1,836 2,215 2,407 2,538
Reference price 2 256.00 77.80 105.00 71.40 98.50 81.70 81.70 81.70
Nbr of stocks (in thousands) 21,833 27,291 27,291 27,291 27,291 30,348 - -
Announcement Date 23/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.39x5.15x13.85x3.09% 46.7B
9x1.53x8x3.95% 31.14B
18.3x4.04x16.3x1.34% 28.1B
5.55x0.68x1.43x9.01% 26.71B
14x3.1x14.84x2.51% 25.6B
11.15x2.12x9.92x3.98% 21.13B
8.15x0.9x3.29x2.74% 20.84B
10.59x1.68x14.51x3.57% 19.32B
13.56x6.56x17.49x1.58% 19.66B
Average 11.85x 2.86x 11.07x 3.53% 26.58B
Weighted average by Cap. 12.30x 3.03x 11.18x 3.56%

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