Company Valuation: GL events

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.6 469.4 575.5 540.2 875.5 933.5 - -
Change - -7.52% 22.59% -6.13% 62.08% 6.62% - -
Enterprise Value (EV) 1 966 961.7 1,076 1,057 1,347 1,391 1,338 1,280
Change - -0.45% 11.89% -1.79% 27.45% 3.26% -3.83% -4.3%
P/E 34.1x 9.24x 9.76x 7.5x 10.9x 9.67x 8.64x 8.09x
PBR 1.57x 1.16x 1.31x 1.17x 1.83x 1.81x 1.55x 1.39x
PEG - 0x 0.7x 0.3x 1x 0.5x 0.7x 1.17x
Capitalization / Revenue 0.68x 0.36x 0.41x 0.33x 0.51x 0.5x 0.48x 0.47x
EV / Revenue 1.3x 0.73x 0.76x 0.65x 0.78x 0.74x 0.69x 0.64x
EV / EBITDA 8.03x 5.7x 4.16x 3.61x 4.26x 4.35x 4.13x 3.82x
EV / EBIT 13.3x 8.59x 7.35x 6.97x 7.65x 6.93x 6.1x 5.66x
EV / FCF 14.9x 6.36x 6.71x 12.4x 8.39x 15.7x 11x 9.57x
FCF Yield 6.72% 15.7% 14.9% 8.08% 11.9% 6.36% 9.1% 10.4%
Dividend per Share 2 - 0.35 0.7 0.9 - 0.9667 1.184 1.242
Rate of return - 2.15% 3.57% 4.89% - 3.05% 3.74% 3.92%
EPS 2 0.51 1.76 2.01 2.454 2.73 3.279 3.667 3.92
Distribution rate - 19.9% 34.8% 36.7% - 29.5% 32.3% 31.7%
Net sales 1 741.2 1,310 1,419 1,635 1,717 1,876 1,938 2,005
EBITDA 1 120.3 168.6 258.7 292.6 316 319.7 323.9 335.3
EBIT 1 72.6 112 146.4 151.6 176.2 200.6 219.2 226.1
Net income 1 15.2 52.7 59.95 73.44 81.74 97.46 108.7 120.5
Net Debt 1 458.4 492.2 500.5 516.6 471.3 457.3 404 346.6
Reference price 2 17.40 16.26 19.62 18.40 29.85 31.70 31.70 31.70
Nbr of stocks (in thousands) 29,171 28,870 29,331 29,358 29,332 29,448 - -
Announcement Date 9/3/22 9/3/23 6/3/24 5/3/25 6/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.67x0.74x4.35x3.05% 1.07B
25.11x3.3x10.56x2.5% 15.39B
17.66x - - - 832M
18.92x2x7.18x2.85% 715M
28.54x - - - 598M
15.68x2.07x7.57x1.4% 612M
Average 19.26x 2.03x 7.42x 2.45% 3.2B
Weighted average by Cap. 23.50x 3.05x 9.95x 2.51%

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