Company Valuation: CIA

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 10.11 11.08 8.011 6.184 5.685 3.876
Change - 9.59% -27.67% -22.81% -8.06% -31.82%
Enterprise Value (EV) 1 16.06 16.86 10.82 9.143 8.754 7.588
Change - 5.02% -35.86% -15.47% -4.25% -13.32%
P/E -11x -4x -4.34x -3.35x -6.16x -2.1x
PBR 0.89x 0.91x 0.44x 0.37x 0.36x 0.28x
PEG - -0x 0.1x - 0.1x -0x
Capitalization / Revenue 3.59x 3.97x 4.11x 19x 15x 13.6x
EV / Revenue 5.71x 6.04x 5.55x 28x 23.2x 26.6x
EV / EBITDA -78x -10.6x -7.11x -6.65x -36.3x -19.4x
EV / EBIT -18x -8.19x -6.19x -6.59x -35.4x -18.9x
EV / FCF 22.2x -491x 5.96x -2.71x 7.42x 7.73x
FCF Yield 4.51% -0.2% 16.8% -36.9% 13.5% 12.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.01 -0.03 -0.02 -0.02 -0.01 -0.02
Distribution rate - - - - - -
Net sales 1 2.812 2.792 1.949 0.326 0.378 0.285
EBITDA 1 -0.206 -1.593 -1.521 -1.375 -0.241 -0.392
EBIT 1 -0.892 -2.058 -1.747 -1.388 -0.247 -0.402
Net income 1 -0.975 -2.872 -2.141 -1.534 -0.849 -1.677
Net Debt 1 5.952 5.789 2.805 2.959 3.069 3.712
Reference price 2 0.1095 0.1200 0.0868 0.0670 0.0616 0.0420
Nbr of stocks (in thousands) 92,295 92,295 92,295 92,295 92,295 92,295
Announcement Date 6/4/19 15/5/20 12/5/21 8/4/22 7/4/23 6/6/24
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 3.8M
22.24x0.96x11.65x-.--% 41.28B
22.35x0.91x8.59x2.16% 19.94B
14.7x0.58x10.12x-.--% 15.34B
17.51x3.55x11.33x5.68% 11.48B
19.4x8.27x15.7x4.8% 9.63B
41.43x2.45x9.61x-.--% 7.75B
36.66x1.32x12.99x0.81% 6.83B
51.64x1.13x8.6x0.3% 5.2B
35.15x14.59x - 1.8% 4.44B
Average 29.01x 3.75x 11.07x 1.73% 12.19B
Weighted average by Cap. 24.39x 2.34x 11.04x 1.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA