Company Valuation: Forbo Holding AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,953 1,616 1,489 1,063 1,233 1,261 - -
Change - -45.29% -7.84% -28.64% 16.03% 2.32% - -
Enterprise Value (EV) 1 2,942 1,635 1,460 953.5 1,190 1,179 1,132 1,084
Change - -44.44% -10.68% -34.7% 24.85% -0.99% -3.92% -4.31%
P/E 20.4x 15.2x 14.5x 11.2x 17.9x 16.7x 13.8x 12.1x
PBR 5.52x 2.8x 2.68x 1.7x 1.91x 1.81x 1.68x 1.55x
PEG - -0.7x 13.17x -1.59x -0.6x 2.14x 0.6x 0.9x
Capitalization / Revenue 2.35x 1.25x 1.27x 0.95x 1.14x 1.15x 1.11x 1.08x
EV / Revenue 2.35x 1.26x 1.24x 0.85x 1.1x 1.07x 0.99x 0.92x
EV / EBITDA 12.5x 8.45x 8.12x 5.73x 8.7x 8.13x 6.99x 6.24x
EV / EBIT 16.4x 12.3x 11.2x 7.91x 13.6x 12.4x 10.2x 8.9x
EV / FCF 23x 32.4x 12.6x - 37.6x 16.8x 15.1x 13.1x
FCF Yield 4.35% 3.09% 7.94% - 2.66% 5.94% 6.62% 7.61%
Dividend per Share 2 25 23 25 25 25 25.43 26.47 28.14
Rate of return 1.34% 2.11% 2.37% 3.31% 2.86% 2.89% 3.01% 3.2%
EPS 2 91.62 71.76 72.55 67.45 48.75 52.56 63.73 72.73
Distribution rate 27.3% 32.1% 34.5% 37.1% 51.3% 48.4% 41.5% 38.7%
Net sales 1 1,254 1,293 1,175 1,122 1,085 1,101 1,138 1,173
EBITDA 1 235.6 193.4 179.9 166.3 136.8 145 161.9 173.7
EBIT 1 179 132.6 129.9 120.6 87.8 95.38 111.1 121.7
Net income 1 141.2 101.4 102.3 95.1 68.9 76.09 92.71 100.5
Net Debt 1 -10.9 18.9 -29 -109.1 -42.5 -82.86 -129 -177.8
Reference price 2 1,870.00 1,088.00 1,054.00 755.00 874.00 880.00 880.00 880.00
Nbr of stocks (in thousands) 1,579 1,485 1,413 1,407 1,411 1,433 - -
Announcement Date 3/3/22 2/3/23 5/3/24 3/3/25 3/3/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.74x1.07x8.13x2.89% 1.53B
25.11x3.12x15.14x1.75% 44.45B
11.69x0.91x5.96x3.46% 37.08B
29.52x5.91x20.04x2.33% 22.57B
22.04x1.88x13.63x0.66% 19.02B
17.13x2.35x11.5x1.59% 15.54B
20.32x3.19x13.39x1.25% 14.51B
-17.07x1.4x16.52x3.31% 11.45B
21.8x3.41x11.26x0.59% 10.21B
18.36x1.84x9.59x0.25% 9.38B
Average 16.56x 2.51x 12.52x 1.81% 18.58B
Weighted average by Cap. 18.42x 2.66x 12.84x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Forbo Holding AG

Historical PBR trend

Valuation ratios - PBR - Forbo Holding AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Forbo Holding AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Forbo Holding AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Forbo Holding AG
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