Company Valuation: GL events

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.6 469.4 575.5 540.2 875.5 924 - -
Change - -7.52% 22.59% -6.13% 62.08% 5.53% - -
Enterprise Value (EV) 1 966 961.7 1,076 1,057 1,347 1,370 1,328 1,277
Change - -0.45% 11.89% -1.79% 27.45% 1.69% -3.02% -3.84%
P/E 34.1x 9.24x 9.76x 7.5x 10.9x 9.61x 8.61x 8.06x
PBR 1.57x 1.16x 1.31x 1.17x 1.83x 1.77x 1.55x 1.38x
PEG - 0x 0.7x 0.3x 1x 0.5x 0.7x 1.18x
Capitalization / Revenue 0.68x 0.36x 0.41x 0.33x 0.51x 0.49x 0.48x 0.47x
EV / Revenue 1.3x 0.73x 0.76x 0.65x 0.78x 0.73x 0.69x 0.65x
EV / EBITDA 8.03x 5.7x 4.16x 3.61x 4.26x 4.46x 4.11x 3.74x
EV / EBIT 13.3x 8.59x 7.35x 6.97x 7.65x 6.77x 6.07x 5.63x
EV / FCF 14.9x 6.36x 6.71x 12.4x 8.39x 15.5x 11x 9.46x
FCF Yield 6.72% 15.7% 14.9% 8.08% 11.9% 6.46% 9.13% 10.6%
Dividend per Share 2 - 0.35 0.7 0.9 - 1.06 1.18 1.175
Rate of return - 2.15% 3.57% 4.89% - 3.37% 3.75% 3.73%
EPS 2 0.51 1.76 2.01 2.454 2.73 3.279 3.657 3.907
Distribution rate - 19.9% 34.8% 36.7% - 32.3% 32.3% 30.1%
Net sales 1 741.2 1,310 1,419 1,635 1,717 1,876 1,934 1,977
EBITDA 1 120.3 168.6 258.7 292.6 316 306.9 323.3 341.6
EBIT 1 72.6 112 146.4 151.6 176.2 202.3 219 226.9
Net income 1 15.2 52.7 59.95 73.44 81.74 96.73 106.7 124.2
Net Debt 1 458.4 492.2 500.5 516.6 471.3 445.7 404.4 353.3
Reference price 2 17.40 16.26 19.62 18.40 29.85 31.50 31.50 31.50
Nbr of stocks (in thousands) 29,171 28,870 29,331 29,358 29,332 29,332 - -
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.($)
9.61x0.73x4.46x3.37% 1.06B
27.22x3.23x10.55x2.62% 14.94B
18.32x - - - 861M
19.32x1.96x7.03x3.01% 674M
13.15x1.77x6.5x1.67% 510M
21.83x - - - 457M
Average 18.24x 1.92x 7.13x 2.67% 3.08B
Weighted average by Cap. 24.99x 2.98x 9.92x 2.65%

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